Nicolet Bankshares (NIC) Stock Forecast, Price Target & Predictions
NIC Stock Forecast
Nicolet Bankshares stock forecast is as follows: an average price target of $106.17 (represents a 1.18% upside from NIC’s last price of $104.93) 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 $106.17 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 $82.50. This represents a potential 1.18% upside from NIC's last price of $104.93.
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% | 18.17% |
| Oct 16, 2024 | Terry McEvoy | Stephens | $112.00 | $104.51 | 7.17% | 6.74% |
| Apr 18, 2024 | Terry McEvoy | Stephens | $88.00 | $75.86 | 16.00% | -16.13% |
| Apr 17, 2024 | Brendan Nosal | Piper Sandler | $82.50 | $77.71 | 6.16% | -21.38% |
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 18.17% increase from NIC last price ($104.93).
Nicolet Bankshares Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | 2 | 2 | 4 |
| Avg Price Target | $118.00 | $118.00 | $101.63 |
| Last Closing Price | $104.93 | $104.93 | $104.93 |
| Upside/Downside | 12.46% | 12.46% | -3.14% |
In the current month, the average price target of Nicolet Bankshares stock is $118.00, according to 2 Wall Street analysts offering twelve months forecast. The average price target represents a 12.46% increase as opposed to Nicolet Bankshares's last price of $104.93. This month's average price target is down 0.00% compared to last quarter, and up 16.11% 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 | $96.60M | $95.20M | $93.15M | $91.34M | $91.86M | $90.86M | $88.83M | $86.74M | $88.23M | $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 | $103.03M | $101.54M | $99.34M | $97.41M | $97.97M | $96.90M | $94.74M | $92.51M | $94.10M | $85.67M | $80.43M | $85.73M | $85.87M | $78.11M | $80.45M | $84.99M | $91.12M | $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 | $90.28M | $88.97M | $87.05M | $85.35M | $85.84M | $84.91M | $83.01M | $81.06M | $82.45M | $85.61M | $80.43M | $75.12M | $75.24M | $77.12M | $70.49M | $74.47M | $79.84M | $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 | 2 | 2 | 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 $75.24M, and a high forecast of $85.87M. 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 | 2 | 2 | 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 | $36.80M | $36.27M | $35.49M | $34.80M | $34.99M | $34.61M | $33.84M | $33.04M | $33.61M | $32.63M | $30.64M | $30.62M | $30.67M | $29.53M | $28.74M | $30.36M | $32.55M | $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 | $39.25M | $38.68M | $37.85M | $37.11M | $37.32M | $36.92M | $36.09M | $35.24M | $35.85M | $32.64M | $30.64M | $32.66M | $32.71M | $29.76M | $30.65M | $32.38M | $34.71M | $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 | $34.39M | $33.89M | $33.16M | $32.52M | $32.70M | $32.35M | $31.62M | $30.88M | $31.41M | $32.62M | $30.64M | $28.62M | $28.66M | $29.38M | $26.86M | $28.37M | $30.42M | $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 % | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.14% | 2.28% | 0.65% | 1.83% | 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 $30.67M, with a high of $32.71M and a low of $28.66M. This is -9.29% lower 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 | 2 | 2 | 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 | $32.54M | $31.85M | $30.55M | $29.48M | $31.50M | $30.80M | $29.73M | $28.41M | $29.70M | $28.44M | $25.39M | $25.14M | $26.43M | $23.52M | $22.30M | $25.48M | $30.55M | $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 | $35.35M | $34.60M | $33.19M | $32.03M | $34.22M | $33.46M | $32.30M | $30.87M | $32.26M | $28.46M | $27.58M | $25.68M | $28.71M | $24.44M | $24.23M | $27.68M | $30.90M | $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 | $29.77M | $29.14M | $27.95M | $26.97M | $28.82M | $28.17M | $27.20M | $25.99M | $27.17M | $28.43M | $23.23M | $24.61M | $24.18M | $22.61M | $20.40M | $23.31M | $30.20M | $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 % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.73% | 1.01% | -0.35% | 0.90% | 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 $26.43M, with a range of $24.18M to $28.71M. NIC's average Quarter net income forecast represents a 54.02% 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 | 2 | 2 | 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 | $34.68M | $34.18M | $33.44M | $32.79M | $32.98M | $32.62M | $31.89M | $31.14M | $31.68M | $30.75M | $28.87M | $28.86M | $28.90M | $27.83M | $27.08M | $28.61M | $30.67M | $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 | $36.99M | $36.45M | $35.66M | $34.97M | $35.17M | $34.79M | $34.01M | $33.21M | $33.78M | $30.75M | $28.87M | $30.78M | $30.83M | $28.04M | $28.88M | $30.51M | $32.71M | $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 | $32.41M | $31.94M | $31.25M | $30.64M | $30.82M | $30.48M | $29.80M | $29.10M | $29.60M | $30.74M | $28.87M | $26.97M | $27.01M | $27.69M | $25.31M | $26.74M | $28.66M | $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 % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.98% | 0.99% | 0.94% | 0.86% | 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 $28.90M, based on 1 Wall Street analysts, with a range of $27.01M to $30.83M. The forecast indicates a 5.83% 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 | 2 | 2 | 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 | $2.13 | $2.08 | $2.00 | $1.93 | $2.06 | $2.02 | $1.95 | $1.86 | $1.94 | $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 | $2.31 | $2.27 | $2.17 | $2.10 | $2.24 | $2.19 | $2.11 | $2.02 | $2.11 | $1.86 | $1.81 | $1.68 | $1.88 | $1.60 | $1.59 | $1.81 | $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 | $1.95 | $1.91 | $1.83 | $1.77 | $1.89 | $1.84 | $1.78 | $1.70 | $1.78 | $1.86 | $1.52 | $1.61 | $1.58 | $1.48 | $1.34 | $1.53 | $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 $1.58 and a high estimate of $1.88. 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 | $17.04 | $19.17 | 12.50% | Buy |
| NBHC | National Bank | $44.55 | $47.67 | 7.00% | Hold |
| FFNW | First Financial Northwest | $23.05 | $23.50 | 1.95% | Hold |
| NIC | Nicolet Bankshares | $104.99 | $106.17 | 1.12% | Hold |
| FMBH | First Mid Bancshares | $40.00 | $38.00 | -5.00% | Strong Buy |
| BANF | BancFirst | $115.62 | $95.00 | -17.83% | Sell |
| GSBC | Great Southern Bancorp | $58.04 | $46.00 | -20.74% | Hold |
| FBP | First Ban | $21.45 | $14.00 | -34.73% | Buy |
NIC Forecast FAQ
Is Nicolet Bankshares a good buy?
No, according to 4 Wall Street analysts, Nicolet Bankshares (NIC) is considered a 'Hold'. The rating consensus is based on 0 'Strong Buy' and 1 'Buy' recommendations, accounting for 25.00% of NIC's total ratings.
What is NIC's price target?
Nicolet Bankshares (NIC) average price target is $106.17 with a range of $82.5 to $124, implying a 1.18% from its last price of $104.93. The data is based on 4 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will Nicolet Bankshares stock go up soon?
According to Wall Street analysts' prediction for NIC stock, the company can go up by 1.18% (from the last price of $104.93 to the average price target of $106.17), up by 18.17% based on the highest stock price target, and down by -21.38% based on the lowest stock price target.
Can Nicolet Bankshares stock reach $200?
NIC's average twelve months analyst stock price target of $106.17 does not support the claim that Nicolet Bankshares can reach $200 in the near future.
What is Nicolet Bankshares's current price target trend?
2 Wall Street analysts forecast a $118 price target for Nicolet Bankshares (NIC) this month, up 12.46% from its last price of $104.93. Compared to the last 3 and 12 months, the average price target increased by 12.46% and decreased by -3.14%, respectively.
What are Nicolet Bankshares's analysts' financial forecasts?
Nicolet Bankshares's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $358.29M (high $382.12M, low $334.82M), average EBITDA is $136.49M (high $145.57M, low $127.55M), average net income is $120.44M (high $130.85M, low $110.18M), average SG&A $128.63M (high $137.18M, low $120.2M), and average EPS is $7.88 (high $8.57, low $7.21). NIC's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $376.29M (high $401.32M, low $351.65M), average EBITDA is $143.35M (high $152.89M, low $133.96M), average net income is $124.42M (high $135.18M, low $113.83M), average SG&A $135.09M (high $144.08M, low $126.24M), and average EPS is $8.14 (high $8.85, low $7.45).
Did the NIC's actual financial results beat the analysts' financial forecasts?
Based on Nicolet Bankshares's last annual report (Dec 2022), the company's revenue was $297.88M, which missed the average analysts forecast of $300.5M by -0.87%. Apple's EBITDA was $181.62M, beating the average prediction of $124.64M by 45.72%. The company's net income was $94.26M, missing the average estimation of $106.1M by -11.16%. Apple's SG&A was $99.1M, missing the average forecast of $107.97M by -8.21%. Lastly, the company's EPS was $8.78, beating the average prediction of $7.1 by 23.66%. In terms of the last quarterly report (Sep 2023), Nicolet Bankshares's revenue was $78.02M, beating the average analysts' forecast of $77.52M by 0.64%. The company's EBITDA was $33.81M, beating the average prediction of $29.53M by 14.49%. Nicolet Bankshares's net income was $17.16M, missing the average estimation of $23.52M by -27.06%. The company's SG&A was $27.31M, missing the average forecast of $27.83M by -1.86%. Lastly, the company's EPS was $1.16, missing the average prediction of $1.54 by -24.68%