First Internet Bancorp (INBK)

First Internet Bancorp Stock Forecast

Stock Price Forecast

The 4 analysts that cover First Internet Bancorp stock have a consensus rating of "Buy" and an average price target of $34.5, which forecasts a 26.42% increase in the stock price over the next year. The lowest target is $24 and the highest is $45.

Price Target: $34.5 (+26.42%)

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$24	$34.5	$39	$45
Change	-12.06%	+26.42%	+42.91%	+64.90%

* Price targets were last updated on Apr 29, 2025.

Analyst Ratings

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

Recommendation Trends

Rating	Feb '25	Mar '25	Apr '25	May '25	Jun '25	Jul '25
Strong Buy	1	1	1	1	1	1
Buy	0	0	1	1	1	1
Hold	2	2	2	2	2	2
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	3	3	4	4	4	4

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Timothy Switzer Keefe, Bruyette & Woods	Keefe, Bruyette & Woods	Hold Maintains $35 → $30	Hold	Maintains	$35 → $30	+9.93%	Apr 29, 2025
Nathan Race Piper Sandler	Piper Sandler	Hold Maintains $32 → $24	Hold	Maintains	$32 → $24	-12.06%	Apr 28, 2025
Brett Rabatin Hovde Group	Hovde Group	Buy Maintains $44 → $39	Buy	Maintains	$44 → $39	+42.91%	Apr 2, 2025
Nathan Race Piper Sandler	Piper Sandler	Hold Maintains $43 → $38	Hold	Maintains	$43 → $38	+39.25%	Jan 27, 2025
Timothy Switzer Keefe, Bruyette & Woods	Keefe, Bruyette & Woods	Hold Reiterates $45 → $40	Hold	Reiterates	$45 → $40	+46.57%	Jan 24, 2025

More Analyst Ratings

Financial Forecast

Revenue This Year

125.19M

Increased by 6.41%

from 117.65M

Revenue Next Year

147.12M

Increased by 17.52%

from 125.19M

EPS This Year

2.84

Decreased by -1.35%

from 2.88

EPS Next Year

5.17

Increased by 81.81%

from 2.84

Fiscal Year	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	91.55M	118.37M	113.37M	84.38M	117.65M	125.19M	147.12M
Revenue Growth	24.07%	29.29%	-4.22%	-25.58%	39.44%	6.41%	17.52%
EPS	2.99	4.82	3.70	0.95	2.88	2.84	5.17
EPS Growth	19.12%	61.20%	-23.24%	-74.32%	203.16%	-1.35%	81.81%
Forward PE	-	-	-	-	-	9.61	5.28
No. Analysts	-	-	-	-	-	7	7

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

Revenue Forecast

Revenue	2025	2026
High	132.3M	158.2M
Avg	125.2M	147.1M
Low	116.1M	136.5M

Revenue Growth

Revenue Growth	2025	2026
High	12.5%	26.4%
Avg	6.4%	17.5%
Low	-1.3%	9.0%

EPS Forecast

EPS	2025	2026
High	3.44	6.13
Avg	2.84	5.17
Low	2.53	4.52

EPS Growth

EPS Growth	2025	2026
High	19.6%	115.8%
Avg	-1.4%	81.8%
Low	-12.2%	59.0%

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.