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 $36.7. The average 1-year stock price forecast is 8.26% higher than the current stock price, while the lowest is $36 (+6.19%) and the highest is $37 (+9.14%).

Price Target: $36.7 (+8.26%)

Analyst Consensus: Hold

Target	Low	Average	Median	High
Price	$36	$36.7	$37	$37
Change	+6.19%	+8.26%	+9.14%	+9.14%

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	Dec '25	Jan '26	Feb '26	Mar '26	Apr '26	May '26
Strong Buy	0	0	0	0	0	0
Buy	0	0	0	0	0	0
Hold	3	3	3	3	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
Peter Winter DA Davidson	DA Davidson	Hold Maintains $36 → $37	Hold	Maintains	$36 → $37	+9.14%	Apr 27, 2026
Nathan Race Piper Sandler	Piper Sandler	Hold Maintains $39 → $37	Hold	Maintains	$39 → $37	+9.14%	Apr 27, 2026
Peter Winter DA Davidson	DA Davidson	Hold Maintains $36	Hold	Maintains	$36	+6.19%	Mar 20, 2026
Nathan Race Piper Sandler	Piper Sandler	Hold Maintains $36 → $39	Hold	Maintains	$36 → $39	+15.04%	Jan 26, 2026
Peter Winter DA Davidson	DA Davidson	Hold Maintains $35 → $37	Hold	Maintains	$35 → $37	+9.14%	Jul 25, 2025

More Analyst Ratings

Financial Forecast

Revenue This Year

225.01M

from 219.52M

2.50%

from 219.52M

Revenue Next Year

248.06M

from 225.01M

10.24%

from 225.01M

EPS This Year

3.57

from 3.27

9.09%

from 3.27

EPS Next Year

3.90

from 3.57

9.19%

from 3.57

Fiscal Year	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026	Dec 31, 2027
Revenue	208.34M	206.13M	200.80M	218.14M	219.52M	225.01M	248.06M
Revenue Growth	8.57%	-1.06%	-2.59%	8.64%	0.63%	2.50%	10.24%
EPS	2.88	2.97	2.79	3.16	3.27	3.57	3.90
EPS Growth	13.83%	3.13%	-6.06%	13.26%	3.48%	9.09%	9.19%
Forward PE	-	-	-	-	-	9.50	8.70
No. Analysts	-	-	-	-	-	7	7

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

Revenue Forecast

Revenue	2026	2027
High	265.1M	291.8M
Avg	225.0M	248.1M
Low	200.0M	220.5M

Revenue Growth

Revenue Growth	2026	2027
High	20.7%	29.7%
Avg	2.5%	10.2%
Low	-8.9%	-2.0%

EPS Forecast

EPS	2026	2027
High	3.72	4.08
Avg	3.57	3.90
Low	3.40	3.68

EPS Growth

EPS Growth	2026	2027
High	13.9%	14.5%
Avg	9.1%	9.2%
Low	4.0%	3.3%

Sources: Price targets and consensus ratings provided by S&P Global Market Intelligence. Historical ratings and analyst data provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data sources.