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Independent Bank Corporation (IBCP)
NASDAQ: IBCP · Real-Time Price · USD
35.37
-0.39 (-1.09%)
Oct 9, 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 "Buy" and an average price target of $40.2. The average 1-year stock price forecast is 13.66% higher than the current stock price, while the lowest is $38 (+7.44%) and the highest is $42 (+18.74%).

Price Target: $40.2 (+13.66%)
Analyst Consensus: Buy

Price Target

Chart
TargetLowAverageMedianHigh
Price$38$40.2$40$42
Change+7.44%+13.66%+13.09%+18.74%

Analyst Ratings

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

Recommendation Trends

Chart
RatingFeb '26Mar '26Apr '26Jun '26Jul '26Oct '26
Strong Buy000011
Buy000001
Hold555543
Sell000000
Strong Sell000000
Total555555

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Piper Sandler
Piper Sandler
Buy
Upgrades
$42
BuyUpgrades$42+18.74%Oct 2, 2026
D.A. Davidson
D.A. Davidson
Hold
Maintains
$40 → $41
HoldMaintains$40 → $41+15.92%Jul 28, 2026
KBW
KBW
Hold
Maintains
$37 → $38
HoldMaintains$37 → $38+7.44%Jul 24, 2026
Hovde Group
Hovde Group
Buy
Upgrades
n/a
BuyUpgradesn/an/aJul 10, 2026

Financial Forecast

Revenue This Year
204.94M
from 180.02M
Increased by 13.84%
Revenue Next Year
226.23M
from 204.94M
Increased by 10.39%
EPS This Year
3.56
from 3.35
Increased by 6.15%
EPS Next Year
3.88
from 3.56
Increased by 9.06%
Fiscal YearFY 2025FY 2026
Period EndingDec 31, 2025Dec 31, 2026
Revenue
180.02M204.94M
Revenue Growth
8.28%13.84%
Gross Profit
6.41M7.65M
Gross Margin
3.56%3.73%
Operating Income
87.43M101.77M
Net Income
68.54M76.23M
EPS
3.353.56
EPS Growth
15.92%6.15%
Forward PE
-9.95
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

Revenue202620272028
High206.6M
Avg204.9M
Low202.1M

Revenue Growth

Revenue Growth202620272028
High
14.8%
Avg
13.8%
Low
12.3%

EPS Forecast

EPS202620272028
High3.66
Avg3.56
Low3.50

EPS Growth

EPS Growth202620272028
High
9.3%
Avg
6.1%
Low
4.5%