Old National Bancorp (ONB) Stock Forecast, Price Target & Predictions
ONB Stock Forecast
Old National Bancorp stock forecast is as follows: an average price target of $23.00 (represents a 5.50% upside from ONB’s last price of $21.80) and a rating consensus of 'Buy', based on 7 wall street analysts offering a 1-year stock forecast.
ONB Price Target
The average price target for Old National Bancorp (ONB) is $23.00 based on 1-year price targets from 7 Wall Street analysts in the past 3 months, with a price target range of $24.00 to $22.00. This represents a potential 5.50% upside from ONB's last price of $21.80.
ONB Analyst Ratings
According to 7 Wall Street analysts, Old National Bancorp's rating consensus is 'Buy'. The analyst rating breakdown for ONB stock is 0 'Strong Buy' (0.00%), 6 'Buy' (85.71%), 1 'Hold' (14.29%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
Old National Bancorp Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Sep 03, 2024 | Scott Siefers | Piper Sandler | $23.00 | $19.57 | 17.50% | 5.50% |
| Jul 30, 2024 | Benjamin Gerlinger | Citigroup | $24.00 | $19.96 | 20.24% | 10.09% |
| Jun 24, 2024 | Jared Shaw | Barclays | $22.00 | $16.48 | 33.50% | 0.92% |
The latest Old National Bancorp stock forecast, released on Sep 03, 2024 by Scott Siefers from Piper Sandler, set a price target of $23.00, which represents a 17.50% increase from the stock price at the time of the forecast ($19.57), and a 5.50% increase from ONB last price ($21.80).
Old National Bancorp Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | 1 | 3 |
| Avg Price Target | - | $23.00 | $23.00 |
| Last Closing Price | $21.80 | $21.80 | $21.80 |
| Upside/Downside | -100.00% | 5.50% | 5.50% |
In the current month, the average price target of Old National Bancorp stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Old National Bancorp's last price of $21.80. 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 |
|---|---|---|---|---|
| Sep 26, 2024 | Barclays | Overweight | Overweight | Hold |
| Sep 03, 2024 | Piper Sandler | Overweight | Overweight | Hold |
| Jul 30, 2024 | Citigroup | Buy | Buy | Hold |
| Jul 24, 2024 | RBC Capital | Sector Perform | Sector Perform | Hold |
| Jun 24, 2024 | Keefe, Bruyette & Woods | Underperform | Underperform | Hold |
| Jun 24, 2024 | RBC Capital | Sector Perform | Sector Perform | Hold |
| Jun 24, 2024 | Barclays | Overweight | Overweight | Hold |
| Apr 02, 2024 | Stephens | Underperform | Underperform | Hold |
| Apr 02, 2024 | UBS | Buy | Buy | Hold |
| Jul 10, 2023 | UBS | - | Buy | Upgrade |
Old National Bancorp's last stock rating was published by Barclays on Sep 26, 2024. The company gave ONB a "Overweight" rating, the same as its previous rate.
Old National Bancorp Financial Forecast
Old National 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 | - | - | - | - | - | - | - | - | - | - | - | - | $445.71M | $456.02M | $463.80M | $452.17M | $556.13M | $50.46M | $426.59M | $288.02M | $198.26M | $206.09M | $201.44M | $204.83M | $219.63M | $210.33M | $204.13M | $199.50M | $194.75M | $205.25M |
| Avg Forecast | $530.53M | $525.60M | $519.37M | $511.40M | $509.40M | $503.59M | $495.68M | $486.08M | $486.89M | $482.20M | $473.00M | $440.00M | $448.82M | $452.60M | $447.80M | $458.04M | $487.52M | $437.97M | $390.55M | $262.78M | $203.75M | $202.52M | $205.27M | $208.85M | $206.08M | $202.08M | $196.97M | $194.57M | $202.74M | $201.23M |
| High Forecast | $533.70M | $528.74M | $522.47M | $514.45M | $512.44M | $506.60M | $498.64M | $487.60M | $487.26M | $482.31M | $473.00M | $440.00M | $449.95M | $457.13M | $450.48M | $460.78M | $490.43M | $437.97M | $390.55M | $262.78M | $203.75M | $202.52M | $205.27M | $208.85M | $206.08M | $202.08M | $196.97M | $194.57M | $202.74M | $201.23M |
| Low Forecast | $527.35M | $522.45M | $516.25M | $508.34M | $506.35M | $500.57M | $492.71M | $484.56M | $486.56M | $482.09M | $473.00M | $440.00M | $446.85M | $442.63M | $445.12M | $455.30M | $484.59M | $437.97M | $390.55M | $262.78M | $203.75M | $202.52M | $205.27M | $208.85M | $206.08M | $202.08M | $196.97M | $194.57M | $202.74M | $201.23M |
| # Analysts | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 4 | 5 | 4 | 1 | 1 | 3 | 7 | 6 | 3 | 2 | 2 | 2 | 2 | 3 | 4 | 5 | 6 | 6 | 5 | 9 | 6 | 4 | 4 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.99% | 1.01% | 1.04% | 0.99% | 1.14% | 0.12% | 1.09% | 1.10% | 0.97% | 1.02% | 0.98% | 0.98% | 1.07% | 1.04% | 1.04% | 1.03% | 0.96% | 1.02% |
Old National Bancorp's average Quarter revenue forecast for Mar 24 based on 1 analysts is $440.00M, with a low forecast of $440.00M, and a high forecast of $440.00M. ONB's average Quarter revenue forecast represents a -1.28% decrease compared to the company's last Quarter revenue of $445.71M (Dec 23).
Old National 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 | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 4 | 5 | 4 | 1 | 1 | 3 | 7 | 6 | 3 | 2 | 2 | 2 | 2 | 3 | 4 | 5 | 6 | 6 | 5 | 9 | 6 | 4 | 4 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | $208.11M | $198.22M | $208.49M | $308.37M | $335.56M | $225.21M | $173.96M | $-10.98M | $87.65M | $109.18M | $97.17M | $125.72M | $100.93M | $114.82M | $87.84M | $62.18M | $98.96M | $126.77M |
| Avg Forecast | $222.25M | $220.19M | $217.57M | $214.24M | $213.40M | $210.97M | $207.65M | $203.63M | $203.97M | $202.00M | $198.15M | $-10.94M | $188.02M | $189.60M | $187.60M | $-9.95M | $65.43M | $173.79M | $154.97M | $-9.04M | $80.85M | $80.36M | $81.45M | $91.99M | $81.78M | $80.18M | $78.16M | $85.94M | $80.45M | $79.85M |
| High Forecast | $223.58M | $221.50M | $218.87M | $215.52M | $214.67M | $212.23M | $208.89M | $204.27M | $204.12M | $202.05M | $198.15M | $-8.75M | $188.50M | $191.50M | $188.72M | $-7.96M | $78.51M | $173.79M | $154.97M | $-7.23M | $80.85M | $80.36M | $81.45M | $110.39M | $81.78M | $80.18M | $78.16M | $103.12M | $80.45M | $79.85M |
| Low Forecast | $220.92M | $218.87M | $216.27M | $212.95M | $212.12M | $209.70M | $206.41M | $202.99M | $203.83M | $201.96M | $198.15M | $-13.13M | $187.20M | $185.43M | $186.47M | $-11.93M | $52.34M | $173.79M | $154.97M | $-10.85M | $80.85M | $80.36M | $81.45M | $73.59M | $81.78M | $80.18M | $78.16M | $68.75M | $80.45M | $79.85M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.11% | 1.05% | 1.11% | -31.01% | 5.13% | 1.30% | 1.12% | 1.21% | 1.08% | 1.36% | 1.19% | 1.37% | 1.23% | 1.43% | 1.12% | 0.72% | 1.23% | 1.59% |
1 analysts predict ONB's average Quarter EBITDA for Mar 24 to be $-10.94M, with a high of $-8.75M and a low of $-13.13M. This is -105.26% lower than Old National Bancorp's previous annual EBITDA (Dec 23) of $208.11M.
Old National 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 | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 4 | 5 | 4 | 1 | 1 | 3 | 7 | 6 | 3 | 2 | 2 | 2 | 2 | 3 | 4 | 5 | 6 | 6 | 5 | 9 | 6 | 4 | 4 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | $132.48M | $147.88M | $155.04M | $146.60M | $200.74M | $140.15M | $114.98M | $-27.59M | $56.19M | $71.75M | $62.79M | $86.82M | $74.12M | $77.94M | $51.70M | $22.64M | $49.19M | $69.78M |
| Avg Forecast | $175.33M | $172.15M | $168.19M | $161.84M | $164.42M | $159.37M | $154.70M | $147.27M | $147.27M | $146.24M | $140.43M | $-27.49M | $151.87M | $158.51M | $159.12M | $-24.99M | $41.94M | $157.33M | $124.32M | $-22.72M | $120.78M | $115.73M | $127.94M | $63.53M | $120.26M | $105.79M | $75.50M | $31.29M | $109.97M | $108.23M |
| High Forecast | $176.69M | $173.49M | $169.49M | $163.10M | $165.70M | $160.60M | $155.90M | $148.42M | $148.41M | $146.42M | $140.51M | $-21.99M | $153.05M | $164.85M | $160.36M | $-19.99M | $50.33M | $157.33M | $124.32M | $-18.17M | $120.78M | $115.73M | $127.94M | $76.23M | $120.26M | $105.79M | $75.50M | $37.55M | $109.97M | $108.23M |
| Low Forecast | $173.96M | $170.81M | $166.87M | $160.58M | $163.14M | $158.13M | $153.50M | $146.12M | $146.12M | $146.05M | $140.36M | $-32.99M | $148.70M | $152.17M | $157.88M | $-29.99M | $33.55M | $157.33M | $124.32M | $-27.26M | $120.78M | $115.73M | $127.94M | $50.82M | $120.26M | $105.79M | $75.50M | $25.03M | $109.97M | $108.23M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.87% | 0.93% | 0.97% | -5.87% | 4.79% | 0.89% | 0.92% | 1.21% | 0.47% | 0.62% | 0.49% | 1.37% | 0.62% | 0.74% | 0.68% | 0.72% | 0.45% | 0.64% |
Old National Bancorp's average Quarter net income forecast for Mar 24 is $-27.49M, with a range of $-32.99M to $-21.99M. ONB's average Quarter net income forecast represents a -120.75% decrease compared to the company's last Quarter net income of $132.48M (Dec 23).
Old National 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 | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 4 | 5 | 4 | 1 | 1 | 3 | 7 | 6 | 3 | 2 | 2 | 2 | 2 | 3 | 4 | 5 | 6 | 6 | 5 | 9 | 6 | 4 | 4 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | $220.70M | $149.99M | $159.50M | $157.19M | $156.78M | $189.47M | $207.40M | $153.18M | $92.56M | $89.78M | $90.61M | $87.02M | $97.78M | $85.19M | $82.89M | $96.14M | $91.66M | $88.10M |
| Avg Forecast | $230.68M | $228.54M | $225.83M | $222.36M | $221.50M | $218.97M | $215.53M | $211.36M | $211.71M | $209.67M | $205.67M | $152.64M | $195.16M | $196.80M | $194.71M | $138.76M | $69.09M | $190.43M | $169.82M | $126.15M | $88.59M | $88.06M | $89.25M | $63.67M | $89.61M | $87.87M | $85.64M | $132.88M | $88.16M | $87.50M |
| High Forecast | $232.06M | $229.90M | $227.18M | $223.69M | $222.82M | $220.28M | $216.82M | $212.02M | $211.87M | $209.71M | $205.67M | $183.16M | $195.65M | $198.77M | $195.88M | $166.51M | $82.91M | $190.43M | $169.82M | $151.37M | $88.59M | $88.06M | $89.25M | $76.41M | $89.61M | $87.87M | $85.64M | $159.46M | $88.16M | $87.50M |
| Low Forecast | $229.30M | $227.17M | $224.48M | $221.03M | $220.17M | $217.66M | $214.24M | $210.69M | $211.56M | $209.62M | $205.67M | $122.11M | $194.30M | $192.46M | $193.55M | $111.01M | $55.27M | $190.43M | $169.82M | $100.92M | $88.59M | $88.06M | $89.25M | $50.94M | $89.61M | $87.87M | $85.64M | $106.31M | $88.16M | $87.50M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.13% | 0.76% | 0.82% | 1.13% | 2.27% | 0.99% | 1.22% | 1.21% | 1.04% | 1.02% | 1.02% | 1.37% | 1.09% | 0.97% | 0.97% | 0.72% | 1.04% | 1.01% |
Old National Bancorp's average Quarter SG&A projection for Mar 24 is $152.64M, based on 1 Wall Street analysts, with a range of $122.11M to $183.16M. The forecast indicates a -30.84% fall compared to ONB last annual SG&A of $220.70M (Dec 23).
Old National 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 | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 4 | 5 | 4 | 1 | 1 | 3 | 7 | 6 | 3 | 2 | 2 | 2 | 2 | 3 | 4 | 5 | 6 | 6 | 5 | 9 | 6 | 4 | 4 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | $0.45 | $0.49 | $0.52 | $0.49 | $0.68 | $0.47 | $0.38 | $-0.12 | $0.34 | $0.43 | $0.38 | $0.53 | $0.45 | $0.47 | $0.31 | $0.13 | $0.29 | $0.41 |
| Avg Forecast | $0.55 | $0.54 | $0.53 | $0.51 | $0.52 | $0.50 | $0.49 | $0.46 | $0.46 | $0.46 | $0.44 | $0.43 | $0.48 | $0.50 | $0.50 | $0.53 | $0.57 | $0.50 | $0.39 | $0.34 | $0.38 | $0.37 | $0.40 | $0.41 | $0.38 | $0.33 | $0.24 | $0.26 | $0.35 | $0.34 |
| High Forecast | $0.56 | $0.55 | $0.53 | $0.51 | $0.52 | $0.51 | $0.49 | $0.47 | $0.47 | $0.46 | $0.44 | $0.43 | $0.48 | $0.52 | $0.51 | $0.53 | $0.58 | $0.50 | $0.39 | $0.34 | $0.38 | $0.37 | $0.40 | $0.41 | $0.38 | $0.33 | $0.24 | $0.26 | $0.35 | $0.34 |
| Low Forecast | $0.55 | $0.54 | $0.53 | $0.51 | $0.51 | $0.50 | $0.48 | $0.46 | $0.46 | $0.46 | $0.44 | $0.43 | $0.47 | $0.48 | $0.50 | $0.52 | $0.57 | $0.50 | $0.39 | $0.34 | $0.38 | $0.37 | $0.40 | $0.41 | $0.38 | $0.33 | $0.24 | $0.26 | $0.35 | $0.34 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.94% | 0.98% | 1.04% | 0.93% | 1.19% | 0.95% | 0.97% | -0.35% | 0.89% | 1.19% | 0.94% | 1.29% | 1.18% | 1.42% | 1.32% | 0.52% | 0.84% | 1.19% |
According to 1 Wall Street analysts, Old National Bancorp's projected average Quarter EPS for Mar 24 is $0.43, with a low estimate of $0.43 and a high estimate of $0.43. This represents a -4.70% decrease compared to ONB previous annual EPS of $0.45 (Dec 23).
Old National Bancorp Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| FFNW | First Financial Northwest | $22.12 | $23.50 | 6.24% | Hold |
| ONB | Old National Bancorp | $21.80 | $23.00 | 5.50% | Buy |
| NBHC | National Bank | $48.57 | $50.00 | 2.94% | Hold |
| WABC | Westamerica Ban | $56.86 | $57.00 | 0.25% | Hold |
| IBCP | Independent Bank | $37.92 | $35.50 | -6.38% | Buy |
| UMBF | UMB Financial | $122.86 | $113.25 | -7.82% | Hold |
| FFBC | First Financial Ban | $29.08 | $25.00 | -14.03% | Hold |
| TCBI | Texas Capital Bancshares | $88.89 | $76.20 | -14.28% | Buy |