First Internet Bancorp (INBK) Stock Forecast, Price Target & Predictions
INBK Stock Forecast
First Internet Bancorp stock forecast is as follows: an average price target of $42.75 (represents a 28.19% upside from INBK’s last price of $33.35) and a rating consensus of 'Hold', based on 3 wall street analysts offering a 1-year stock forecast.
INBK Price Target
INBK Analyst Ratings
First Internet Bancorp Price Target by Analyst
Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
---|---|---|---|---|---|---|
Jul 29, 2024 | Nathan Race | Piper Sandler | $40.50 | $39.10 | 3.58% | 21.44% |
Jul 26, 2024 | George Sutton | Craig-Hallum | $45.00 | $37.95 | 18.59% | 34.93% |
Apr 29, 2024 | Nathan Race | Piper Sandler | $34.00 | $31.25 | 8.80% | 1.95% |
First Internet Bancorp Price Target by Period
1M | 3M | 12M | |
---|---|---|---|
# Anlaysts | - | - | 3 |
Avg Price Target | - | - | $39.83 |
Last Closing Price | $33.35 | $33.35 | $33.35 |
Upside/Downside | -100.00% | -100.00% | 19.43% |
Analyst Ratings Upgrades/Downgrades
Date | Company | Previous Rating | New Rating | Rating Change |
---|---|---|---|---|
Jul 29, 2024 | Piper Sandler | Neutral | Neutral | Hold |
Jul 26, 2024 | Craig-Hallum | Buy | Buy | Hold |
Apr 29, 2024 | Piper Sandler | Neutral | Neutral | Hold |
Dec 18, 2023 | Craig-Hallum | - | Buy | Upgrade |
Oct 23, 2022 | Keefe Bruyette & Woods | - | Market Perform | Downgrade |
First Internet Bancorp Financial Forecast
First Internet Bancorp Revenue Forecast
Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | - | - | - | - | - | - | - | - | - | - | - | - | $73.67M | $23.45M | $22.94M | $23.04M | $26.46M | $27.17M | $29.30M | $30.99M | $30.55M | $28.35M | $27.50M | $28.37M | $30.89M | $28.32M | $19.00M | $20.63M | $20.49M | $20.55M |
Avg Forecast | $48.70M | $47.50M | $43.90M | $41.80M | $41.55M | $40.49M | $38.20M | $36.49M | $36.53M | $34.75M | $31.38M | $29.76M | $26.01M | $25.32M | $24.45M | $26.18M | $28.18M | $32.87M | $33.49M | $32.14M | $31.56M | $31.21M | $32.71M | $30.05M | $28.57M | $23.07M | $21.87M | $21.64M | $20.58M | $20.54M |
High Forecast | $55.11M | $53.75M | $49.68M | $47.30M | $47.02M | $45.82M | $43.23M | $41.29M | $36.78M | $39.32M | $35.52M | $33.68M | $26.32M | $32.79M | $27.67M | $29.62M | $31.89M | $32.87M | $33.49M | $32.14M | $31.56M | $31.21M | $32.71M | $30.05M | $28.57M | $23.07M | $21.87M | $21.64M | $20.58M | $20.54M |
Low Forecast | $45.77M | $44.64M | $41.26M | $39.29M | $39.05M | $38.06M | $35.90M | $34.29M | $36.27M | $32.66M | $29.50M | $27.97M | $25.69M | $22.25M | $22.98M | $24.60M | $26.49M | $32.87M | $33.49M | $32.14M | $31.56M | $31.21M | $32.71M | $30.05M | $28.57M | $23.07M | $21.87M | $21.64M | $20.58M | $20.54M |
# Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 3 | 2 | 1 | 1 | 2 | 5 | 2 | 2 | 1 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 4 | 6 | 4 | 4 | 7 | 4 |
Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 2.83% | 0.93% | 0.94% | 0.88% | 0.94% | 0.83% | 0.87% | 0.96% | 0.97% | 0.91% | 0.84% | 0.94% | 1.08% | 1.23% | 0.87% | 0.95% | 1.00% | 1.00% |
First Internet Bancorp EBITDA Forecast
Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
# Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 3 | 2 | 1 | 1 | 2 | 5 | 2 | 2 | 1 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 4 | 6 | 4 | 4 | 7 | 4 |
EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | $3.08M | $3.65M | $29.32M | $12.11M | $31.27M | $41.99M | $45.55M | $27.30M | $29.04M | $31.00M | $25.34M | $31.06M | $28.15M | $25.54M | $29.30M | $32.02M | $30.96M |
Avg Forecast | $19.84M | $19.35M | $17.88M | $17.03M | $16.93M | $16.50M | $15.56M | $14.86M | $14.88M | $14.16M | $12.79M | $12.12M | $10.59M | $10.32M | $9.96M | $10.66M | $26.69M | $13.39M | $13.64M | $13.09M | $12.86M | $12.72M | $13.33M | $22.68M | $11.64M | $9.40M | $8.91M | $8.81M | $8.38M | $8.37M |
High Forecast | $22.45M | $21.90M | $20.24M | $19.27M | $19.16M | $18.67M | $17.61M | $16.82M | $14.98M | $16.02M | $14.47M | $13.72M | $10.72M | $13.36M | $11.27M | $12.07M | $32.03M | $13.39M | $13.64M | $13.09M | $12.86M | $12.72M | $13.33M | $27.21M | $11.64M | $9.40M | $8.91M | $8.81M | $8.38M | $8.37M |
Low Forecast | $18.65M | $18.19M | $16.81M | $16.01M | $15.91M | $15.50M | $14.63M | $13.97M | $14.78M | $13.31M | $12.02M | $11.39M | $10.46M | $9.06M | $9.36M | $10.02M | $21.35M | $13.39M | $13.64M | $13.09M | $12.86M | $12.72M | $13.33M | $18.14M | $11.64M | $9.40M | $8.91M | $8.81M | $8.38M | $8.37M |
Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.30% | 0.37% | 2.75% | 0.45% | 2.34% | 3.08% | 3.48% | 2.12% | 2.28% | 2.33% | 1.12% | 2.67% | 2.99% | 2.87% | 3.32% | 3.82% | 3.70% |
First Internet Bancorp Net Income Forecast
Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
# Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 3 | 2 | 1 | 1 | 2 | 5 | 2 | 2 | 1 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 4 | 6 | 4 | 4 | 7 | 4 |
Net Income | - | - | - | - | - | - | - | - | - | - | - | - | $4.14M | $3.41M | $3.88M | $-1.30M | $6.35M | $8.44M | $9.54M | $11.21M | $12.48M | $12.09M | $13.10M | $10.45M | $11.09M | $8.41M | $3.93M | $6.02M | $7.10M | $6.33M |
Avg Forecast | $12.11M | $12.46M | $10.65M | $10.12M | $10.17M | $9.96M | $8.40M | $7.49M | $7.94M | $7.12M | $6.14M | $26.44M | $2.68M | $3.10M | $3.31M | $24.03M | $12.20M | $9.78M | $9.73M | $21.85M | $10.21M | $9.80M | $10.32M | $9.35M | $7.34M | $3.74M | $2.89M | $5.25M | $4.95M | $5.25M |
High Forecast | $14.18M | $14.60M | $12.48M | $11.85M | $11.91M | $11.67M | $9.83M | $8.77M | $9.29M | $7.18M | $6.14M | $31.72M | $3.24M | $3.53M | $3.87M | $28.84M | $14.64M | $9.78M | $9.86M | $26.22M | $10.21M | $10.29M | $10.32M | $11.22M | $7.34M | $3.74M | $2.89M | $6.30M | $4.95M | $5.25M |
Low Forecast | $11.16M | $11.49M | $9.82M | $9.33M | $9.37M | $9.18M | $7.74M | $6.91M | $7.85M | $7.05M | $6.14M | $21.15M | $2.12M | $2.41M | $3.05M | $19.23M | $9.76M | $9.78M | $9.60M | $17.48M | $10.21M | $9.31M | $10.32M | $7.48M | $7.34M | $3.74M | $2.89M | $4.20M | $4.95M | $5.25M |
Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.54% | 1.10% | 1.17% | -0.05% | 0.52% | 0.86% | 0.98% | 0.51% | 1.22% | 1.23% | 1.27% | 1.12% | 1.51% | 2.25% | 1.36% | 1.15% | 1.43% | 1.21% |
First Internet Bancorp SG&A Forecast
Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
# Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 3 | 2 | 1 | 1 | 2 | 5 | 2 | 2 | 1 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 4 | 6 | 4 | 4 | 7 | 4 |
SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | $13.33M | $12.35M | $13.18M | $11.60M | $12.19M | $12.53M | $11.36M | $11.79M | $10.74M | $10.76M | $11.06M | $10.45M | $10.79M | $8.97M | $9.01M | $8.49M | $7.72M |
Avg Forecast | $27.52M | $26.84M | $24.81M | $23.62M | $23.48M | $22.88M | $21.59M | $20.62M | $20.64M | $19.64M | $17.74M | $2.75M | $14.70M | $14.31M | $13.82M | $2.50M | $11.53M | $18.58M | $18.93M | $2.27M | $17.84M | $17.64M | $18.49M | $9.89M | $16.14M | $13.04M | $12.36M | $7.86M | $11.63M | $11.61M |
High Forecast | $31.15M | $30.38M | $28.08M | $26.73M | $26.57M | $25.90M | $24.43M | $23.33M | $20.79M | $22.22M | $20.07M | $3.30M | $14.88M | $18.53M | $15.64M | $3.00M | $13.83M | $18.58M | $18.93M | $2.73M | $17.84M | $17.64M | $18.49M | $11.87M | $16.14M | $13.04M | $12.36M | $9.43M | $11.63M | $11.61M |
Low Forecast | $25.87M | $25.23M | $23.32M | $22.20M | $22.07M | $21.51M | $20.29M | $19.38M | $20.50M | $18.46M | $16.67M | $2.20M | $14.52M | $12.57M | $12.99M | $2.00M | $9.22M | $18.58M | $18.93M | $1.82M | $17.84M | $17.64M | $18.49M | $7.92M | $16.14M | $13.04M | $12.36M | $6.29M | $11.63M | $11.61M |
Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.93% | 0.89% | 5.27% | 1.01% | 0.66% | 0.66% | 5.00% | 0.66% | 0.61% | 0.58% | 1.12% | 0.65% | 0.83% | 0.73% | 1.15% | 0.73% | 0.67% |
First Internet Bancorp EPS Forecast
Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
# Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 3 | 2 | 1 | 1 | 2 | 5 | 2 | 2 | 1 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 4 | 6 | 4 | 4 | 7 | 4 |
EPS | - | - | - | - | - | - | - | - | - | - | - | - | $0.48 | $0.39 | $0.44 | $-0.14 | $0.68 | $0.89 | $0.99 | $1.14 | $1.26 | $1.22 | $1.32 | $1.06 | $1.12 | $0.86 | $0.40 | $0.62 | $0.72 | $0.63 |
Avg Forecast | $1.40 | $1.44 | $1.23 | $1.17 | $1.17 | $1.15 | $0.97 | $0.87 | $0.92 | $0.82 | $0.71 | $0.54 | $0.31 | $0.36 | $0.38 | $0.41 | $0.70 | $1.13 | $1.12 | $1.04 | $1.18 | $1.13 | $1.19 | $0.93 | $0.85 | $0.43 | $0.33 | $0.55 | $0.57 | $0.61 |
High Forecast | $1.64 | $1.69 | $1.44 | $1.37 | $1.38 | $1.35 | $1.14 | $1.01 | $1.07 | $0.83 | $0.71 | $0.63 | $0.37 | $0.41 | $0.45 | $0.48 | $0.82 | $1.13 | $1.14 | $1.04 | $1.18 | $1.19 | $1.19 | $0.93 | $0.85 | $0.43 | $0.33 | $0.55 | $0.57 | $0.61 |
Low Forecast | $1.29 | $1.33 | $1.13 | $1.08 | $1.08 | $1.06 | $0.89 | $0.80 | $0.91 | $0.81 | $0.71 | $0.49 | $0.25 | $0.28 | $0.35 | $0.37 | $0.65 | $1.13 | $1.11 | $1.04 | $1.18 | $1.08 | $1.19 | $0.93 | $0.85 | $0.43 | $0.33 | $0.55 | $0.57 | $0.61 |
Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.55% | 1.09% | 1.15% | -0.34% | 0.97% | 0.79% | 0.88% | 1.09% | 1.07% | 1.08% | 1.11% | 1.14% | 1.32% | 1.99% | 1.20% | 1.12% | 1.26% | 1.04% |
First Internet Bancorp Peer Comparison by Price Target
Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
---|---|---|---|---|---|
HTBI | HomeTrust Bancshares | $32.63 | $42.00 | 28.72% | Buy |
INBK | First Internet Bancorp | $33.35 | $42.75 | 28.19% | Hold |
FNWB | First Northwest Bancorp | $9.75 | $11.00 | 12.82% | Hold |
HFWA | Heritage Financial | $23.23 | $26.00 | 11.92% | Hold |
HBCP | Home Bancorp | $46.16 | $50.00 | 8.32% | Buy |
FFNW | First Financial Northwest | $22.11 | $23.50 | 6.29% | Hold |
FCCO | First Community | $23.42 | $21.00 | -10.33% | Buy |
QCRH | QCR | $79.46 | $64.00 | -19.46% | Buy |
INBK Forecast FAQ
Is First Internet Bancorp a good buy?
No, according to 3 Wall Street analysts, First Internet Bancorp (INBK) is considered a 'Hold'. The rating consensus is based on 0 'Strong Buy' and 1 'Buy' recommendations, accounting for 33.33% of INBK's total ratings.
What is INBK's price target?
First Internet Bancorp (INBK) average price target is $42.75 with a range of $40.5 to $45, implying a 28.19% from its last price of $33.35. The data is based on 3 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will First Internet Bancorp stock go up soon?
According to Wall Street analysts' prediction for INBK stock, the company can go up by 28.19% (from the last price of $33.35 to the average price target of $42.75), up by 34.93% based on the highest stock price target, and up by 21.44% based on the lowest stock price target.
Can First Internet Bancorp stock reach $50?
INBK's average twelve months analyst stock price target of $42.75 does not support the claim that First Internet Bancorp can reach $50 in the near future.
What are First Internet Bancorp's analysts' financial forecasts?
First Internet Bancorp's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $156.73M (high $177.37M, low $147.31M), average EBITDA is $63.85M (high $72.26M, low $60.01M), average net income is $36.02M (high $42.18M, low $33.2M), average SG&A $88.58M (high $100.24M, low $83.25M), and average EPS is $4.16 (high $4.87, low $3.84). INBK's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $181.9M (high $205.85M, low $170.96M), average EBITDA is $74.11M (high $83.86M, low $69.65M), average net income is $45.34M (high $53.1M, low $41.8M), average SG&A $102.8M (high $116.33M, low $96.62M), and average EPS is $5.24 (high $6.13, low $4.83).
Did the INBK's actual financial results beat the analysts' financial forecasts?
Based on First Internet Bancorp's last annual report (Dec 2023), the company's revenue was $265.49M, beating the average analysts forecast of $101.95M by 160.40%. Apple's EBITDA was $0, missing the average prediction of $41.54M by -100.00%. The company's net income was $8.42M, missing the average estimation of $33.12M by -74.59%. Apple's SG&A was $5.65M, missing the average forecast of $45.33M by -87.54%. Lastly, the company's EPS was $0.95, missing the average prediction of $1.46 by -34.75%. In terms of the last quarterly report (Dec 2023), First Internet Bancorp's revenue was $73.67M, beating the average analysts' forecast of $26.01M by 183.30%. The company's EBITDA was $0, missing the average prediction of $10.59M by -100.00%. First Internet Bancorp's net income was $4.14M, beating the average estimation of $2.68M by 54.39%. The company's SG&A was $0, missing the average forecast of $14.7M by -100.00%. Lastly, the company's EPS was $0.48, beating the average prediction of $0.31 by 54.84%