Farmers & Merchants Bancorp, Inc. (FMAO)
NASDAQ: FMAO · Real-Time Price · USD
36.57
+0.12 (0.33%)
At close: Oct 28, 2026, 4:00 PM EDT
36.81
+0.24 (0.66%)
After-hours: Oct 28, 2026, 7:31 PM EDT

FMAO Stock Forecast

Stock Price Forecast

According to 3 analysts polled by S&P Global, FMAO stock has a consensus rating of "Hold" and an average price target of $37.67. The average 1-year stock price forecast is 3.01% higher than the current stock price, while the lowest is $36 (-1.56%) and the highest is $39 (+6.64%).

Price Target: $37.67 (+3.01%)
Analyst Consensus: Hold

Price Target

Chart
TargetLowAverageMedianHigh
Price$36$37.67$38$39
Change-1.56%+3.01%+3.91%+6.64%

Analyst Ratings

The average analyst rating for FMAO stock is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.

Recommendation Trends

Chart
RatingApr '26May '26Jun '26Jul '26Aug '26Oct '26
Strong Buy000000
Buy000000
Hold333333
Sell000000
Strong Sell000000
Total333333

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Piper Sandler
Piper Sandler
Hold
Maintains
$36 → $39
HoldMaintains$36 → $39+6.64%Oct 26, 2026

Financial Forecast

Revenue This Year
116.80M
from 104.29M
Increased by 11.99%
Revenue Next Year
125.67M
from 116.80M
Increased by 7.59%
EPS This Year
3.22
from 2.43
Increased by 32.30%
EPS Next Year
3.35
from 3.22
Increased by 4.20%
Fiscal YearFY 2025FY 2026
Period EndingDec 31, 2025Dec 31, 2026
Revenue
104.29M116.80M
Revenue Growth
21.39%11.99%
Gross Profit
3.42M4.11M
Gross Margin
3.28%3.52%
Operating Income
44.62M57.65M
Net Income
33.31M44.03M
EPS
2.433.22
EPS Growth
27.89%32.30%
Forward PE
-11.37
Dividend / Share
0.900.94
Dividend Growth
1.98%4.81%
No. Analysts
-2
EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Revenue202620272028
High116.8M
Avg116.8M
Low116.8M

Revenue Growth

Revenue Growth202620272028
High
12.0%
Avg
12.0%
Low
12.0%

EPS Forecast

EPS202620272028
High3.22
Avg3.22
Low3.21

EPS Growth

EPS Growth202620272028
High
32.5%
Avg
32.3%
Low
32.1%