Farmers & Merchants Bancorp, Inc. (FMAO)

FMAO Stock Forecast

Stock Price Forecast

There have not been any analyst price target forecasts for FMAO in the last 12 months.

Price Target: n/a

Analyst Consensus: n/a

Target	Low	Average	Median	High
Price	n/a	n/a	n/a	n/a
Change	n/a	n/a	n/a	n/a

Analyst Ratings

There are currently no analyst ratings available for FMAO.

Recommendation Trends

Rating	Mar '24	Apr '24	May '24	Jun '24	Jul '24	Aug '24
Strong Buy	0	0	0	0	0	0
Buy	0	0	0	0	0	0
Hold	2	2	2	3	3	0
Sell	1	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	3	2	2	3	3	0

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Justin Crowley Piper Sandler	Piper Sandler	Hold Maintains $24 → $26	Hold	Maintains	$24 → $26	-1.63%	Aug 5, 2024
Justin Crowley Piper Sandler	Piper Sandler	Hold Initiates $24	Hold	Initiates	$24	-9.19%	Jun 12, 2024
Brendan Nosal Hovde Group	Hovde Group	Hold Initiates n/a	Hold	Initiates	n/a	n/a	Apr 5, 2024
Terry McEvoy Stephens & Co.	Stephens & Co.	Hold Reiterates $24	Hold	Reiterates	$24	-9.19%	Aug 1, 2023
Brendan Nosal Piper Sandler	Piper Sandler	Hold → Sell Downgrades $24 → $24	Hold → Sell	Downgrades	$24 → $24	-11.09%	Jul 28, 2023

More Analyst Ratings

Financial Forecast

Revenue This Year

125.37M

Increased by 5.02%

from 119.38M

Revenue Next Year

132.59M

Increased by 5.76%

from 125.37M

EPS This Year

2.76

Increased by 13.92%

from 2.43

EPS Next Year

2.93

Increased by 5.90%

from 2.76

Fiscal Year	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026	Dec 31, 2027
Revenue	83.66M	97.72M	95.69M	101.19M	119.38M	125.37M	132.59M
Revenue Growth	20.98%	16.81%	-2.08%	5.74%	17.97%	5.02%	5.76%
EPS	2.01	2.46	1.67	1.90	2.43	2.76	2.93
EPS Growth	11.67%	22.39%	-32.11%	13.49%	28.02%	13.92%	5.90%
Forward PE	-	-	-	-	-	9.56	9.03
No. Analysts	-	-	-	-	-	4	4

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2026	2027
High	140.8M	149.6M
Avg	125.4M	132.6M
Low	109.5M	115.2M

Revenue Growth

Revenue Growth	2026	2027
High	18.0%	19.3%
Avg	5.0%	5.8%
Low	-8.3%	-8.2%

EPS Forecast

EPS	2026	2027
High	2.96	3.11
Avg	2.76	2.93
Low	2.55	2.72

EPS Growth

EPS Growth	2026	2027
High	22.0%	12.4%
Avg	13.9%	5.9%
Low	5.0%	-1.4%

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.