First Internet Bancorp (INBK)
NASDAQ: INBK · Real-Time Price · USD
41.92
+1.17 (2.87%)
Nov 22, 2024, 4:00 PM EST - Market closed

First Internet Bancorp Stock Forecast

Stock Price Forecast

The 4 analysts with 12-month price forecasts for INBK stock have an average target of 40.38, with a low estimate of 34 and a high estimate of 45. The average target predicts a decrease of -3.67% from the current stock price of 41.92.

Analyst Consensus: Buy
Target Low Average Median High
Price $34 $40.38 $42 $45
Change -18.89% -3.67% +0.19% +7.35%
* Price targets were last updated on Jul 29, 2024.

Analyst Ratings

The average analyst rating for INBK stock from 4 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating Jun '24Jul '24Aug '24Sep '24Oct '24Nov '24
Strong Buy 111111
Buy 000000
Hold 333333
Sell 000000
Strong Sell 000000
Total 444444

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Piper Sandler
Piper Sandler
Hold
Maintains
$30$41
Hold Maintains $30$41 -3.39% Jul 29, 2024
Craig-Hallum
Craig-Hallum
Strong Buy
Maintains
$40$45
Strong Buy Maintains $40$45 +7.35% Jul 26, 2024
Keefe, Bruyette & Woods
Keefe, Bruyette & Woods
Hold
Maintains
$36$42
Hold Maintains $36$42 +0.19% Jul 26, 2024
Piper Sandler
Piper Sandler
Hold
Maintains
$35$34
Hold Maintains $35$34 -18.89% Apr 29, 2024
Keefe, Bruyette & Woods
Keefe, Bruyette & Woods
Hold
Reiterates
$34$36
Hold Reiterates $34$36 -14.12% Apr 26, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
103.67M
Revenue Next Year
120.59M
from 103.67M
Increased by 16.32%
EPS This Year
3.03
from 0.95
Increased by 219.31%
EPS Next Year
4.30
from 3.03
Increased by 41.80%
Fiscal Year FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026
Period Ending Dec 31, 2019 Dec 31, 2020 Dec 31, 2021 Dec 31, 2022 Dec 31, 2023 Dec 31, 2024 Dec 31, 2025 Dec 31, 2026
Revenue
-----103.67M120.59M142.09M
Revenue Growth
9.91%24.07%29.29%-4.22%-25.58%-16.32%17.83%
EPS
2.512.994.823.700.953.034.305.23
EPS Growth
9.13%19.12%61.20%-23.24%-74.32%219.31%41.80%21.53%
Forward PE
-----13.829.758.02
No. Analysts -----775
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 202420252026
High 142.1M 161.5M 179.0M
Avg 103.7M 120.6M 142.1M
Low 85.4M 99.1M 119.7M

Revenue Growth

Revenue Growth 202420252026
High -
55.8%
48.5%
Avg -
16.3%
17.8%
Low -
-4.4%
-0.8%

EPS Forecast

EPS 202420252026
High 3.18 4.70 5.80
Avg 3.03 4.30 5.23
Low 2.80 3.95 4.80

EPS Growth

EPS Growth 202420252026
High
234.9%
54.9%
34.7%
Avg
219.3%
41.8%
21.5%
Low
195.0%
30.2%
11.5%
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.