First Merchants Corporation (FRME)
NASDAQ: FRME · Real-Time Price · USD
43.42
-0.68 (-1.54%)
Feb 21, 2025, 4:00 PM EST - Market closed
First Merchants Stock Forecast
Stock Price Forecast
The 5 analysts with 12-month price forecasts for First Merchants stock have an average target of 47.5, with a low estimate of 38 and a high estimate of 55. The average target predicts an increase of 9.40% from the current stock price of 43.42.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for First Merchants stock from 5 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 | Sep '24 | Oct '24 | Nov '24 | Dec '24 | Jan '25 | Feb '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 4 | 4 | 4 | 4 | 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 | 5 | 5 | 5 | 5 | 5 | 5 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Keefe, Bruyette & Woods | Keefe, Bruyette & Woods | Buy Maintains $50 → $52 | Buy | Maintains | $50 → $52 | +19.76% | Jan 31, 2025 |
| Raymond James | Raymond James | Buy Reiterates $42 → $50 | Buy | Reiterates | $42 → $50 | +15.15% | Jan 31, 2025 |
| Piper Sandler | Piper Sandler | Buy Reiterates $52 → $55 | Buy | Reiterates | $52 → $55 | +26.67% | Jan 31, 2025 |
| Keefe, Bruyette & Woods | Keefe, Bruyette & Woods | Buy Maintains $43 → $50 | Buy | Maintains | $43 → $50 | +15.15% | Dec 4, 2024 |
| Piper Sandler | Piper Sandler | Buy Maintains $50 → $47 | Buy | Maintains | $50 → $47 | +8.25% | Oct 28, 2024 |
Financial Forecast
Revenue This Year
716.51M
Revenue Next Year
744.69M
from 716.51M
Increased by 3.93%
EPS This Year
3.95
from 3.41
Increased by 15.91%
EPS Next Year
4.21
from 3.95
Increased by 6.55%
Revenue Forecast
| Revenue | 2025 | 2026 |
|---|---|---|
| High | 741.2M | 783.9M |
| Avg | 716.5M | 744.7M |
| Low | 685.0M | 699.7M |
Revenue Growth
| Revenue Growth | 2025 | 2026 |
|---|---|---|
| High | - | 9.4% |
| Avg | - | 3.9% |
| Low | - | -2.3% |
EPS Forecast
| EPS | 2025 | 2026 |
|---|---|---|
| High | 4.15 | 4.67 |
| Avg | 3.95 | 4.21 |
| Low | 3.68 | 3.92 |
EPS Growth
| EPS Growth | 2025 | 2026 |
|---|---|---|
| High | 21.6% | 18.2% |
| Avg | 15.9% | 6.5% |
| Low | 7.8% | -0.8% |
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.