Nicolet Bankshares (NIC) Stock Forecast, Price Target & Predictions
NIC Stock Forecast
Nicolet Bankshares stock forecast is as follows: an average price target of $118.00 (represents a 11.31% upside from NIC’s last price of $106.01) and a rating consensus of 'Hold', based on 4 wall street analysts offering a 1-year stock forecast.
NIC Price Target
The average price target for Nicolet Bankshares (NIC) is $118.00 based on 1-year price targets from 4 Wall Street analysts in the past 3 months, with a price target range of $124.00 to $112.00. This represents a potential 11.31% upside from NIC's last price of $106.01.
NIC Analyst Ratings
According to 4 Wall Street analysts, Nicolet Bankshares's rating consensus is 'Hold'. The analyst rating breakdown for NIC stock is 0 'Strong Buy' (0.00%), 1 'Buy' (25.00%), 3 'Hold' (75.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
Nicolet Bankshares Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Oct 17, 2024 | Michael Diana | Maxim Group | $124.00 | $104.60 | 18.55% | 16.97% |
| Oct 16, 2024 | Terry McEvoy | Stephens | $112.00 | $104.51 | 7.17% | 5.65% |
| Apr 18, 2024 | Terry McEvoy | Stephens | $88.00 | $75.86 | 16.00% | -16.99% |
| Apr 17, 2024 | Brendan Nosal | Piper Sandler | $82.50 | $77.71 | 6.16% | -22.18% |
The latest Nicolet Bankshares stock forecast, released on Oct 17, 2024 by Michael Diana from Maxim Group, set a price target of $124.00, which represents a 18.55% increase from the stock price at the time of the forecast ($104.60), and a 16.97% increase from NIC last price ($106.01).
Nicolet Bankshares Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | 2 | 4 |
| Avg Price Target | - | $118.00 | $101.63 |
| Last Closing Price | $106.01 | $106.01 | $106.01 |
| Upside/Downside | -100.00% | 11.31% | -4.13% |
In the current month, the average price target of Nicolet Bankshares stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Nicolet Bankshares's last price of $106.01. This month's average price target is down -100.00% compared to last quarter, and down -100.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Oct 17, 2024 | Maxim Group | Buy | Buy | Hold |
| Oct 16, 2024 | Stephens | Equal-Weight | Equal-Weight | Hold |
| Jul 18, 2024 | Stephens | Equal-Weight | Equal-Weight | Hold |
| Jul 17, 2024 | Piper Sandler | Neutral | Neutral | Hold |
| May 21, 2024 | Keefe, Bruyette & Woods | Market Perform | Market Perform | Hold |
| Apr 18, 2024 | Stephens | Market Perform | Market Perform | Hold |
| Apr 18, 2024 | Piper Sandler | Underperform | Underperform | Hold |
| Apr 18, 2024 | Stephens | Equal-Weight | Equal-Weight | Hold |
| Apr 17, 2024 | Piper Sandler | Neutral | Neutral | Hold |
Nicolet Bankshares's last stock rating was published by Maxim Group on Oct 17, 2024. The company gave NIC a "Buy" rating, the same as its previous rate.
Nicolet Bankshares Financial Forecast
Nicolet Bankshares 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 | - | - | - | - | - | - | - | - | - | - | - | - | - | $78.02M | $75.88M | $34.88M | $82.94M | $75.99M | $69.22M | $69.74M | $69.75M | $49.18M | $55.75M | $50.77M | $52.17M | $51.25M | $48.97M | $40.85M | $44.23M | $41.50M |
| Avg Forecast | $97.07M | $95.90M | $93.67M | $91.72M | $92.76M | $92.03M | $89.78M | $87.69M | $89.03M | $85.64M | $80.43M | $80.39M | $80.51M | $77.52M | $75.44M | $79.69M | $85.44M | $75.25M | $69.89M | $69.92M | $63.76M | $52.21M | $48.17M | $49.24M | $48.89M | $47.29M | $42.87M | $42.78M | $41.53M | $38.73M |
| High Forecast | $97.91M | $96.74M | $94.48M | $92.52M | $93.56M | $92.83M | $90.56M | $88.45M | $89.81M | $85.67M | $80.43M | $81.08M | $81.21M | $78.11M | $76.09M | $80.38M | $86.18M | $80.25M | $74.54M | $74.57M | $68.00M | $55.69M | $51.37M | $52.52M | $52.14M | $50.44M | $45.73M | $45.63M | $44.29M | $41.31M |
| Low Forecast | $95.88M | $94.73M | $92.52M | $90.60M | $91.62M | $90.90M | $88.68M | $86.61M | $87.94M | $85.61M | $80.43M | $79.40M | $79.52M | $77.12M | $74.51M | $78.71M | $84.39M | $70.32M | $65.31M | $65.34M | $59.59M | $48.79M | $45.01M | $46.02M | $45.68M | $44.20M | $40.07M | $39.98M | $38.81M | $36.19M |
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 3 | 1 | 1 | 1 | 1 | 4 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 1 | 1 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.01% | 1.01% | 0.44% | 0.97% | 1.01% | 0.99% | 1.00% | 1.09% | 0.94% | 1.16% | 1.03% | 1.07% | 1.08% | 1.14% | 0.95% | 1.06% | 1.07% |
Nicolet Bankshares's average Quarter revenue forecast for Dec 23 based on 1 analysts is $80.51M, with a low forecast of $79.52M, and a high forecast of $81.21M. NIC's average Quarter revenue forecast represents a 3.20% increase compared to the company's last Quarter revenue of $78.02M (Sep 23).
Nicolet Bankshares 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 | 3 | 3 | 1 | 1 | 1 | 1 | 4 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 1 | 1 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | $33.81M | $65.57M | $19.73M | $59.70M | $37.74M | $41.40M | $42.78M | $30.45M | $17.77M | $30.22M | $30.14M | $31.27M | $31.86M | $26.25M | $21.77M | $25.74M | $25.68M |
| Avg Forecast | $43.56M | $43.03M | $42.03M | $41.16M | $41.62M | $41.30M | $40.29M | $39.35M | $39.95M | $38.43M | $36.09M | $36.07M | $36.13M | $34.79M | $33.85M | $35.76M | $38.34M | $28.67M | $36.79M | $26.64M | $24.29M | $19.89M | $18.35M | $18.76M | $18.62M | $18.02M | $16.33M | $16.30M | $15.82M | $14.76M |
| High Forecast | $43.94M | $43.41M | $42.39M | $41.52M | $41.98M | $41.66M | $40.64M | $39.69M | $40.30M | $38.44M | $36.09M | $36.38M | $36.44M | $35.05M | $34.14M | $36.07M | $38.67M | $30.57M | $44.15M | $28.41M | $25.91M | $21.21M | $19.57M | $20.01M | $19.86M | $19.22M | $17.42M | $17.38M | $16.87M | $15.74M |
| Low Forecast | $43.02M | $42.51M | $41.51M | $40.65M | $41.11M | $40.79M | $39.79M | $38.86M | $39.46M | $38.42M | $36.09M | $35.63M | $35.68M | $34.61M | $33.43M | $35.32M | $37.87M | $26.79M | $29.43M | $24.89M | $22.70M | $18.59M | $17.15M | $17.53M | $17.40M | $16.84M | $15.26M | $15.23M | $14.79M | $13.79M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.97% | 1.94% | 0.55% | 1.56% | 1.32% | 1.13% | 1.61% | 1.25% | 0.89% | 1.65% | 1.61% | 1.68% | 1.77% | 1.61% | 1.34% | 1.63% | 1.74% |
1 analysts predict NIC's average Quarter EBITDA for Dec 23 to be $36.13M, with a high of $36.44M and a low of $35.68M. This is 6.85% upper than Nicolet Bankshares's previous annual EBITDA (Sep 23) of $33.81M.
Nicolet Bankshares 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 | 3 | 3 | 1 | 1 | 1 | 1 | 4 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 1 | 1 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | - | $17.16M | $22.59M | $-8.90M | $27.60M | $18.51M | $23.98M | $24.16M | $16.30M | $7.82M | $18.28M | $18.24M | $17.99M | $18.10M | $13.48M | $10.55M | $12.29M | $13.53M |
| Avg Forecast | $33.13M | $32.56M | $31.58M | $30.39M | $32.29M | $31.70M | $30.71M | $29.35M | $30.53M | $28.82M | $25.73M | $25.48M | $26.78M | $23.84M | $22.60M | $25.82M | $30.96M | $27.50M | $23.40M | $24.66M | $22.23M | $23.92M | $24.93M | $25.05M | $23.56M | $21.39M | $14.40M | $16.15M | $18.25M | $18.00M |
| High Forecast | $33.50M | $32.93M | $31.93M | $30.73M | $32.65M | $32.06M | $31.06M | $29.68M | $30.87M | $28.84M | $26.02M | $26.02M | $27.08M | $24.76M | $22.86M | $26.11M | $31.32M | $29.87M | $28.08M | $26.79M | $24.15M | $25.99M | $27.09M | $27.22M | $25.59M | $23.24M | $15.64M | $17.55M | $19.83M | $19.55M |
| Low Forecast | $32.60M | $32.04M | $31.07M | $29.91M | $31.77M | $31.20M | $30.22M | $28.88M | $30.04M | $28.81M | $25.32M | $24.94M | $26.35M | $22.92M | $22.24M | $25.41M | $30.60M | $25.16M | $18.72M | $22.56M | $20.33M | $21.89M | $22.81M | $22.92M | $21.55M | $19.57M | $13.17M | $14.78M | $16.70M | $16.46M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.72% | 1.00% | -0.34% | 0.89% | 0.67% | 1.03% | 0.98% | 0.73% | 0.33% | 0.73% | 0.73% | 0.76% | 0.85% | 0.94% | 0.65% | 0.67% | 0.75% |
Nicolet Bankshares's average Quarter net income forecast for Dec 23 is $26.78M, with a range of $26.35M to $27.08M. NIC's average Quarter net income forecast represents a 56.08% increase compared to the company's last Quarter net income of $17.16M (Sep 23).
Nicolet Bankshares 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 | 3 | 3 | 1 | 1 | 1 | 1 | 4 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 1 | 1 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | $27.31M | $26.86M | $26.99M | $26.49M | $30.56M | $25.81M | $26.89M | $27.10M | $22.00M | $21.59M | $19.36M | $19.03M | $17.54M | $19.39M | $17.25M | $17.75M | $16.86M |
| Avg Forecast | $41.28M | $40.79M | $39.84M | $39.01M | $39.45M | $39.14M | $38.19M | $37.29M | $37.87M | $36.42M | $34.21M | $34.19M | $34.24M | $32.97M | $32.08M | $33.89M | $36.34M | $27.01M | $25.18M | $25.10M | $22.89M | $18.74M | $17.29M | $17.68M | $17.55M | $16.98M | $15.39M | $15.36M | $14.91M | $13.90M |
| High Forecast | $41.64M | $41.14M | $40.18M | $39.35M | $39.79M | $39.48M | $38.52M | $37.62M | $38.20M | $36.43M | $34.21M | $34.49M | $34.54M | $33.22M | $32.36M | $34.19M | $36.65M | $28.81M | $30.22M | $26.77M | $24.41M | $19.99M | $18.44M | $18.86M | $18.72M | $18.11M | $16.42M | $16.38M | $15.90M | $14.83M |
| Low Forecast | $40.78M | $40.29M | $39.35M | $38.53M | $38.97M | $38.66M | $37.72M | $36.84M | $37.40M | $36.41M | $34.21M | $33.77M | $33.82M | $32.80M | $31.69M | $33.48M | $35.89M | $25.25M | $20.14M | $23.46M | $21.39M | $17.52M | $16.16M | $16.52M | $16.40M | $15.87M | $14.38M | $14.35M | $13.93M | $12.99M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.83% | 0.84% | 0.80% | 0.73% | 1.13% | 1.03% | 1.07% | 1.18% | 1.17% | 1.25% | 1.09% | 1.08% | 1.03% | 1.26% | 1.12% | 1.19% | 1.21% |
Nicolet Bankshares's average Quarter SG&A projection for Dec 23 is $34.24M, based on 1 Wall Street analysts, with a range of $33.82M to $34.54M. The forecast indicates a 25.37% rise compared to NIC last annual SG&A of $27.31M (Sep 23).
Nicolet Bankshares 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 | 3 | 3 | 1 | 1 | 1 | 1 | 4 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 1 | 1 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | $1.16 | $1.54 | $-0.61 | $1.88 | $1.33 | $1.79 | $1.77 | $1.29 | $0.75 | $1.85 | $1.82 | $1.79 | $1.75 | $1.29 | $1.00 | $1.17 | $1.45 |
| Avg Forecast | $2.14 | $2.10 | $2.04 | $1.96 | $2.09 | $2.05 | $1.98 | $1.90 | $1.97 | $1.86 | $1.66 | $1.65 | $1.73 | $1.54 | $1.46 | $1.67 | $2.00 | $1.80 | $1.69 | $1.61 | $1.46 | $1.57 | $1.63 | $1.64 | $1.54 | $1.40 | $0.94 | $1.06 | $1.20 | $1.18 |
| High Forecast | $2.16 | $2.13 | $2.06 | $1.99 | $2.11 | $2.07 | $2.01 | $1.92 | $1.99 | $1.86 | $1.68 | $1.68 | $1.75 | $1.60 | $1.48 | $1.69 | $2.02 | $1.96 | $1.83 | $1.75 | $1.58 | $1.70 | $1.77 | $1.78 | $1.68 | $1.52 | $1.02 | $1.15 | $1.30 | $1.28 |
| Low Forecast | $2.11 | $2.07 | $2.01 | $1.93 | $2.05 | $2.02 | $1.95 | $1.87 | $1.94 | $1.86 | $1.64 | $1.61 | $1.70 | $1.48 | $1.44 | $1.64 | $1.98 | $1.65 | $1.54 | $1.48 | $1.33 | $1.43 | $1.49 | $1.50 | $1.41 | $1.28 | $0.86 | $0.97 | $1.09 | $1.08 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.75% | 1.05% | -0.37% | 0.94% | 0.74% | 1.06% | 1.10% | 0.89% | 0.48% | 1.13% | 1.11% | 1.16% | 1.25% | 1.37% | 0.95% | 0.98% | 1.23% |
According to 1 Wall Street analysts, Nicolet Bankshares's projected average Quarter EPS for Dec 23 is $1.73, with a low estimate of $1.70 and a high estimate of $1.75. This represents a 49.14% increase compared to NIC previous annual EPS of $1.16 (Sep 23).
Nicolet Bankshares Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| OSBC | Old Second Bancorp | $18.13 | $20.50 | 13.07% | Buy |
| NBHC | National Bank | $45.56 | $50.00 | 9.75% | Hold |
| FBP | First Ban | $19.45 | $21.00 | 7.97% | Buy |
| FFNW | First Financial Northwest | $21.85 | $23.50 | 7.55% | Hold |
| NIC | Nicolet Bankshares | $111.65 | $118.00 | 5.69% | Hold |
| HBCP | Home Bancorp | $48.80 | $50.00 | 2.46% | Buy |
| GSBC | Great Southern Bancorp | $64.79 | $62.00 | -4.31% | Hold |
| FMBH | First Mid Bancshares | $40.10 | $38.00 | -5.24% | Buy |
| BANF | BancFirst | $123.86 | $95.00 | -23.30% | Sell |