First Internet Bancorp (INBK)
NASDAQ: INBK · IEX Real-Time Price · USD
34.74
-0.19 (-0.54%)
Mar 28, 2024, 4:00 PM EDT - Market closed

First Internet Bancorp Stock Forecast

Stock Price Forecast

The 2 analysts with 12-month price forecasts for INBK stock have an average target of 26, with a low estimate of 18 and a high estimate of 34. The average target predicts a decrease of -25.16% from the current stock price of 34.74.

Analyst Consensus: Buy
Target Low Average Median High
Price $18 $26 $34 $34
Change -48.19% -25.16% -2.13% -2.13%
* Price targets were last updated on Jan 26, 2024.

Analyst Ratings

The average analyst rating for INBK stock from 3 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 Oct '23Nov '23Dec '23Jan '24Feb '24Mar '24
Strong Buy 001111
Buy 000000
Hold 332222
Sell 000000
Strong Sell 000000
Total 333333

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Keefe, Bruyette & Woods
Keefe, Bruyette & Woods
Hold
Maintains
$29$34
Hold Maintains $29$34 -2.13% Jan 26, 2024
Craig-Hallum
Craig-Hallum
Strong Buy
Upgrades
n/a
Strong Buy Upgrades n/a n/a Dec 18, 2023
Piper Sandler
Piper Sandler
Hold
Maintains
$19$18
Hold Maintains $19$18 -48.19% Oct 30, 2023
Craig-Hallum
Craig-Hallum
Hold
Maintains
$22$19
Hold Maintains $22$19 -45.31% Oct 27, 2023
Piper Sandler
Piper Sandler
Hold
Maintains
$17$25
Hold Maintains $17$25 -28.04% Jul 31, 2023
More Analyst Ratings

Financial Forecast

Revenue This Year
96.41M
from 84.38M
Increased by 14.26%
Revenue Next Year
113.36M
from 96.41M
Increased by 17.59%
EPS This Year
3.03
from 0.95
Increased by 218.50%
EPS Next Year
4.02
from 3.03
Increased by 33.00%
Year 2019202020212022202320242025
Revenue
73.79M91.55M118.37M113.37M84.38M96.41M113.36M
Revenue Growth
9.91%24.07%29.29%-4.22%-25.58%14.26%17.59%
EPS
2.512.994.823.700.953.034.02
EPS Growth
9.13%19.12%61.20%-23.24%-74.32%218.50%33.00%
No. Analysts -----75
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20242025
High 101.2M 119.7M
Avg 96.4M 113.4M
Low 90.0M 107.2M

Revenue Growth

Revenue Growth 20242025
High
20.0%
24.2%
Avg
14.3%
17.6%
Low
6.7%
11.2%

EPS Forecast

EPS 20242025
High 3.20 4.48
Avg 3.03 4.02
Low 2.84 3.64

EPS Growth

EPS Growth 20242025
High
237.0%
48.2%
Avg
218.5%
33.0%
Low
199.5%
20.4%
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.