Horizon Bancorp, Inc. (HBNC)

Horizon Bancorp Stock Forecast

Stock Price Forecast

The 2 analysts that cover Horizon Bancorp stock have a consensus rating of "Hold" and an average price target of $17.5, which forecasts a 12.04% increase in the stock price over the next year. The lowest target is $17 and the highest is $18.

Price Target: $17.5 (+12.04%)

Analyst Consensus: Hold

Target	Low	Average	Median	High
Price	$17	$17.5	$18	$18
Change	+8.83%	+12.04%	+15.24%	+15.24%

Analyst Ratings

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

Recommendation Trends

Rating	Feb '25	Mar '25	Apr '25	May '25	Jun '25	Jul '25
Strong Buy	0	0	0	0	0	0
Buy	0	0	0	0	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	2	2	2	2	2	2

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Damon Delmonte Keefe, Bruyette & Woods	Keefe, Bruyette & Woods	Hold Maintains $17 → $18	Hold	Maintains	$17 → $18	+15.24%	Jul 25, 2025
Nathan Race Piper Sandler	Piper Sandler	Hold Maintains $18 → $17	Hold	Maintains	$18 → $17	+8.83%	Apr 28, 2025
Damon Delmonte Keefe, Bruyette & Woods	Keefe, Bruyette & Woods	Hold Maintains $18 → $17	Hold	Maintains	$18 → $17	+8.83%	Apr 25, 2025
Nathan Race Piper Sandler	Piper Sandler	Hold Maintains $20 → $19	Hold	Maintains	$20 → $19	+21.64%	Jan 27, 2025
Damon Delmonte Keefe, Bruyette & Woods	Keefe, Bruyette & Woods	Hold Maintains $17 → $19	Hold	Maintains	$17 → $19	+21.64%	Dec 4, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

272.65M

Increased by 46.44%

from 186.19M

Revenue Next Year

285.83M

Increased by 4.83%

from 272.65M

EPS This Year

1.93

Increased by 141.19%

from 0.80

EPS Next Year

1.92

Decreased by -0.41%

from 1.93

Fiscal Year	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	208.59M	232.48M	248.14M	182.69M	186.19M	272.65M	285.83M
Revenue Growth	3.53%	11.45%	6.74%	-26.38%	1.91%	46.44%	4.83%
EPS	1.55	1.98	2.14	0.64	0.80	1.93	1.92
EPS Growth	1.32%	27.74%	8.08%	-70.09%	25.00%	141.19%	-0.41%
Forward PE	-	-	-	-	-	8.10	8.13
No. Analysts	-	-	-	-	-	8	8

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

Revenue Forecast

Revenue	2025	2026
High	288.5M	299.3M
Avg	272.7M	285.8M
Low	255.3M	266.6M

Revenue Growth

Revenue Growth	2025	2026
High	55.0%	9.8%
Avg	46.4%	4.8%
Low	37.1%	-2.2%

EPS Forecast

EPS	2025	2026
High	2.03	2.01
Avg	1.93	1.92
Low	1.82	1.81

EPS Growth

EPS Growth	2025	2026
High	153.3%	3.9%
Avg	141.2%	-0.4%
Low	127.8%	-6.2%

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.