Horizon Bancorp Stock Forecast

Stock Price Forecast

The 2 analysts with 12-month price forecasts for Horizon Bancorp stock have an average target of 19, which predicts an increase of 13.30% from the current stock price of 16.77.

Analyst Consensus: Hold

Target	Low	Average	Median	High
Price	$19	$19	$19	$19
Change	+13.30%	+13.30%	+13.30%	+13.30%

Analyst Ratings

The average analyst rating for Horizon Bancorp stock from 2 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.

Recommendation Trends

Rating	Sep '24	Oct '24	Nov '24	Dec '24	Jan '25	Feb '25
Strong Buy	0	0	0	0	0	0
Buy	1	1	1	1	0	0
Hold	2	2	2	2	2	2
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	3	3	3	3	2	2

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Nathan Race Piper Sandler	Piper Sandler	Hold Maintains $20 → $19	Hold	Maintains	$20 → $19	+13.30%	Jan 27, 2025
Damon Delmonte Keefe, Bruyette & Woods	Keefe, Bruyette & Woods	Hold Maintains $17 → $19	Hold	Maintains	$17 → $19	+13.30%	Dec 4, 2024
Damon Delmonte Keefe, Bruyette & Woods	Keefe, Bruyette & Woods	Hold Maintains $14 → $16	Hold	Maintains	$14 → $16	-4.59%	Jul 29, 2024
Nathan Race Piper Sandler	Piper Sandler	Hold Maintains $13 → $18	Hold	Maintains	$13 → $18	+7.33%	Jul 29, 2024
Nathan Race Piper Sandler	Piper Sandler	Hold Maintains $14 → $13	Hold	Maintains	$14 → $13	-22.48%	Apr 29, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

230.71M

Revenue Next Year

273.47M

from 230.71M

18.53%

from 230.71M

EPS This Year

1.32

from 0.64

106.14%

from 0.64

EPS Next Year

1.82

from 1.32

37.83%

from 1.32

Fiscal Year	FY 2019	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2019	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	-	-	-	-	-	230.71M	273.47M	287.41M
Revenue Growth	21.48%	3.53%	11.45%	5.62%	-24.54%	-	18.53%	5.10%
EPS	1.53	1.55	1.98	2.14	0.64	1.32	1.82	1.93
EPS Growth	10.86%	1.32%	27.74%	8.08%	-70.09%	106.14%	37.83%	6.39%
Forward PE	-	-	-	-	-	12.71	9.22	8.67
No. Analysts	-	-	-	-	-	8	8	8

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

Revenue Forecast

Revenue	2024	2025	2026
High	249.6M	288.0M	302.6M
Avg	230.7M	273.5M	287.4M
Low	194.3M	255.8M	268.8M

Revenue Growth

Revenue Growth	2024	2025	2026
High	-	24.8%	10.7%
Avg	-	18.5%	5.1%
Low	-	10.9%	-1.7%

EPS Forecast

EPS	2024	2025	2026
High	1.55	1.89	2.10
Avg	1.32	1.82	1.93
Low	0.73	1.69	1.79

EPS Growth

EPS Growth	2024	2025	2026
High	142.8%	43.6%	15.5%
Avg	106.1%	37.8%	6.4%
Low	13.3%	27.8%	-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.