Old National Bancorp (ONB)
NASDAQ: ONB · IEX Real-Time Price · USD
16.33
-0.26 (-1.57%)
Apr 25, 2024, 1:13 PM EDT - Market open
Old National Bancorp Stock Forecast
Stock Price Forecast
The 7 analysts with 12-month price forecasts for ONB stock have an average target of 18.86, with a low estimate of 16 and a high estimate of 21. The average target predicts an increase of 15.49% from the current stock price of 16.33.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for ONB stock from 7 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 1 | 2 | 2 | 2 | 2 |
| Buy | 3 | 3 | 3 | 3 | 4 | 4 |
| Hold | 1 | 1 | 1 | 1 | 1 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 4 | 5 | 6 | 6 | 7 | 7 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Barclays | Barclays | Buy Maintains $20 → $21 | Buy | Maintains | $20 → $21 | +28.60% | Apr 24, 2024 |
| RBC Capital | RBC Capital | Hold Reiterates $18 | Hold | Reiterates | $18 | +10.23% | Apr 9, 2024 |
| Keefe, Bruyette & Woods | Keefe, Bruyette & Woods | Buy Maintains $20 | Buy | Maintains | $20 | +22.47% | Apr 2, 2024 |
| Barclays | Barclays | Buy Initiates $20 | Buy | Initiates | $20 | +22.47% | Mar 8, 2024 |
| Stephens & Co. | Stephens & Co. | Buy Maintains $22 → $21 | Buy | Maintains | $22 → $21 | +28.60% | Jan 24, 2024 |
Financial Forecast
Revenue This Year
1.90B
from 1.78B
Increased by 6.60%
Revenue Next Year
2.02B
from 1.90B
Increased by 6.70%
EPS This Year
1.86
from 1.94
Decreased by -4.25%
EPS Next Year
2.06
from 1.86
Increased by 10.80%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 2.0B | 2.1B | 2.2B |
| Avg | 1.9B | 2.0B | 2.1B |
| Low | 1.8B | 1.9B | 2.1B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 12.2% | 11.7% | 10.3% |
| Avg | 6.6% | 6.7% | 6.1% |
| Low | 2.4% | 2.8% | 3.0% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 1.99 | 2.22 | 2.50 |
| Avg | 1.86 | 2.06 | 2.37 |
| Low | 1.72 | 1.92 | 2.27 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 2.8% | 19.3% | 21.4% |
| Avg | -4.2% | 10.8% | 15.3% |
| Low | -11.3% | 3.4% | 10.4% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.