Independent Bank Corporation (IBCP)
NASDAQ: IBCP · Real-Time Price · USD
33.45
-0.99 (-2.87%)
At close: Jul 15, 2025, 4:00 PM
33.47
+0.02 (0.06%)
After-hours: Jul 15, 2025, 4:00 PM EDT
Independent Bank Stock Forecast
Stock Price Forecast
The 3 analysts that cover Independent Bank stock have a consensus rating of "Hold" and an average price target of $36.67, which forecasts a 9.63% increase in the stock price over the next year. The lowest target is $35 and the highest is $39.
Price Target: $36.67 (+9.63%)
Analyst Consensus: Hold
* Price targets were last updated on Apr 28, 2025.
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
| 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 | 3 | 3 | 3 | 3 | 3 | 3 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 3 | 3 | 3 | 3 | 3 | 3 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Piper Sandler | Piper Sandler | Hold Maintains $38 → $36 | Hold | Maintains | $38 → $36 | +7.62% | Apr 28, 2025 |
| Keefe, Bruyette & Woods | Keefe, Bruyette & Woods | Hold Maintains $37 → $35 | Hold | Maintains | $37 → $35 | +4.63% | Apr 25, 2025 |
| DA Davidson | DA Davidson | Hold Maintains $37 → $39 | Hold | Maintains | $37 → $39 | +16.59% | Jan 28, 2025 |
| Keefe, Bruyette & Woods | Keefe, Bruyette & Woods | Hold Reiterates $39 → $41 | Hold | Reiterates | $39 → $41 | +22.57% | Jan 24, 2025 |
| Keefe, Bruyette & Woods | Keefe, Bruyette & Woods | Hold Maintains $33 → $39 | Hold | Maintains | $33 → $39 | +16.59% | Dec 4, 2024 |
Financial Forecast
Revenue This Year
184.52M
from 218.14M
Decreased by -15.41%
Revenue Next Year
195.34M
from 184.52M
Increased by 5.86%
EPS This Year
3.26
from 3.16
Increased by 3.01%
EPS Next Year
3.45
from 3.26
Increased by 5.85%
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.
Revenue Forecast
| Revenue | 2025 | 2026 |
|---|---|---|
| High | 192.6M | 204.9M |
| Avg | 184.5M | 195.3M |
| Low | 175.3M | 183.7M |
Revenue Growth
| Revenue Growth | 2025 | 2026 |
|---|---|---|
| High | -11.7% | 11.0% |
| Avg | -15.4% | 5.9% |
| Low | -19.7% | -0.5% |
EPS Forecast
| EPS | 2025 | 2026 |
|---|---|---|
| High | 3.50 | 3.64 |
| Avg | 3.26 | 3.45 |
| Low | 3.02 | 3.16 |
EPS Growth
| EPS Growth | 2025 | 2026 |
|---|---|---|
| High | 10.6% | 11.9% |
| Avg | 3.0% | 5.8% |
| Low | -4.5% | -3.1% |
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.