Independent Bank Corporation (IBCP)
NASDAQ: IBCP · Real-Time Price · USD
37.85
-0.18 (-0.47%)
Aug 10, 2026, 4:00 PM EDT - Market closed

Independent Bank Stock Forecast

Stock Price Forecast

According to 5 analysts polled by S&P Global, Independent Bank stock has a consensus rating of "Hold" and an average price target of $40.4. The average 1-year stock price forecast is 6.74% higher than the current stock price, while the lowest is $38 (+0.40%) and the highest is $42 (+10.96%).

Price Target: $40.4 (+6.74%)
Analyst Consensus: Hold

Price Target

Chart
TargetLowAverageMedianHigh
Price$38$40.4$41$42
Change+0.40%+6.74%+8.32%+10.96%

Analyst Ratings

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

Recommendation Trends

Chart
RatingJan '26Feb '26Mar '26Apr '26Jun '26Jul '26
Strong Buy000001
Buy000000
Hold455554
Sell000000
Strong Sell000000
Total455555

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
D.A. Davidson
D.A. Davidson
Hold
Maintains
$40$41
HoldMaintains$40$41+8.32%Jul 28, 2026
Piper Sandler
Piper Sandler
Hold
Maintains
$37$42
HoldMaintains$37$42+10.96%Jul 27, 2026
KBW
KBW
Hold
Maintains
$37$38
HoldMaintains$37$38+0.40%Jul 24, 2026
Hovde Group
Hovde Group
Buy
Upgrades
n/a
BuyUpgradesn/an/aJul 10, 2026

Financial Forecast

Revenue This Year
221.51M
from 180.02M
Increased by 23.05%
Revenue Next Year
243.86M
from 221.51M
Increased by 10.09%
EPS This Year
3.57
from 3.35
Increased by 6.63%
EPS Next Year
3.88
from 3.57
Increased by 8.62%
Fiscal YearFY 2025FY 2026
Period EndingDec 31, 2025Dec 31, 2026
Revenue
180.02M221.51M
Revenue Growth
8.28%23.05%
Gross Profit
6.41M8.27M
Gross Margin
3.56%3.73%
Operating Income
87.43M101.83M
Net Income
68.54M76.30M
EPS
3.353.57
EPS Growth
15.92%6.63%
Forward PE
-10.60
Dividend / Share
1.041.12
Dividend Growth
8.33%7.69%
No. Analysts
-3
EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Revenue20262027
High256.3M
Avg221.5M
Low202.2M

Revenue Growth

Revenue Growth20262027
High
42.4%
Avg
23.1%
Low
12.3%

EPS Forecast

EPS20262027
High3.68
Avg3.57
Low3.50

EPS Growth

EPS Growth20262027
High
9.9%
Avg
6.6%
Low
4.5%