Finward Bancorp (FNWD)

Finward Bancorp Stock Forecast

Stock Price Forecast

The 2 analysts that cover Finward Bancorp stock have a consensus rating of "Buy" and an average price target of $37.5, which forecasts a 19.81% increase in the stock price over the next year. The lowest target is $34 and the highest is $41.

Price Target: $37.5 (+19.81%)

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$34	$37.5	$41	$41
Change	+8.63%	+19.81%	+30.99%	+30.99%

* Price targets were last updated on Mar 27, 2026.

Analyst Ratings

The average analyst rating for Finward Bancorp stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating	Dec '25	Jan '26	Feb '26	Mar '26	Apr '26	May '26
Strong Buy	0	0	0	0	0	0
Buy	1	1	1	2	2	2
Hold	0	0	0	0	0	0
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	1	1	1	2	2	2

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Brandon Rud Stephens & Co.	Stephens & Co.	Buy Initiates $41	Buy	Initiates	$41	+30.99%	Mar 27, 2026
Terry McEvoy Stephens & Co.	Stephens & Co.	Buy Maintains $32 → $34	Buy	Maintains	$32 → $34	+8.63%	May 2, 2025
Terry McEvoy Stephens & Co.	Stephens & Co.	Buy Maintains $44 → $40	Buy	Maintains	$44 → $40	+27.80%	Oct 27, 2022
Terry McEvoy Stephens & Co.	Stephens & Co.	Buy Maintains $45 → $43	Buy	Maintains	$45 → $43	+37.38%	Jul 28, 2022
Terry McEvoy Stephens & Co.	Stephens & Co.	Buy Initiates $56	Buy	Initiates	$56	+78.91%	Jan 13, 2022

More Analyst Ratings

Financial Forecast

Revenue This Year

78.34M

Increased by 18.25%

from 66.25M

Revenue Next Year

82.57M

Increased by 5.40%

from 78.34M

EPS This Year

2.77

Increased by 47.57%

from 1.88

EPS Next Year

3.17

Increased by 14.15%

from 2.77

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	63.01M	77.12M	63.28M	71.60M	66.25M	78.34M	82.57M
Revenue Growth	4.43%	22.39%	-17.95%	13.15%	-7.47%	18.25%	5.40%
EPS	4.30	3.60	1.96	2.84	1.88	2.77	3.17
EPS Growth	-6.52%	-16.28%	-45.56%	44.90%	-33.80%	47.57%	14.15%
Forward PE	-	-	-	-	-	11.28	9.88
No. Analysts	-	-	-	-	-	4	4

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

Revenue Forecast

Revenue	2026	2027
High	81.3M	86.6M
Avg	78.3M	82.6M
Low	74.7M	77.8M

Revenue Growth

Revenue Growth	2026	2027
High	22.7%	10.6%
Avg	18.3%	5.4%
Low	12.7%	-0.7%

EPS Forecast

EPS	2026	2027
High	2.88	3.27
Avg	2.77	3.17
Low	2.65	3.04

EPS Growth

EPS Growth	2026	2027
High	53.0%	17.7%
Avg	47.6%	14.2%
Low	40.7%	9.5%

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 sources.