Independent Bank Corp. (INDB)
NASDAQ: INDB · Real-Time Price · USD
67.04
-1.25 (-1.83%)
At close: Oct 29, 2025, 4:00 PM EDT
67.05
+0.01 (0.01%)
After-hours: Oct 29, 2025, 5:20 PM EDT
Independent Bank Stock Forecast
Stock Price Forecast
The 4 analysts that cover Independent Bank stock have a consensus rating of "Buy" and an average price target of $74, which forecasts a 10.38% increase in the stock price over the next year. The lowest target is $63 and the highest is $83.
Price Target: $74 (+10.38%)
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for Independent Bank stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | May '25 | Jun '25 | Jul '25 | Aug '25 | Sep '25 | Oct '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 2 | 2 | 1 |
| Buy | 0 | 0 | 0 | 0 | 0 | 1 |
| Hold | 2 | 2 | 2 | 2 | 2 | 2 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 4 | 4 | 4 | 4 | 4 | 4 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Keefe, Bruyette & Woods | Keefe, Bruyette & Woods | Hold → Buy Upgrades $80 → $83 | Hold → Buy | Upgrades | $80 → $83 | +23.81% | Oct 21, 2025 |
| Keefe, Bruyette & Woods | Keefe, Bruyette & Woods | Hold Maintains $80 → $72 | Hold | Maintains | $80 → $72 | +7.40% | Apr 21, 2025 |
| Piper Sandler | Piper Sandler | Hold Maintains $74 → $63 | Hold | Maintains | $74 → $63 | -6.03% | Apr 21, 2025 |
| Keefe, Bruyette & Woods | Keefe, Bruyette & Woods | Hold Maintains $82 → $80 | Hold | Maintains | $82 → $80 | +19.33% | Jan 21, 2025 |
| Raymond James | Raymond James | Strong Buy Reiterates $74 → $78 | Strong Buy | Reiterates | $74 → $78 | +16.35% | Jan 21, 2025 |
Financial Forecast
Revenue This Year
873.24M
from 653.49M
Increased by 33.63%
Revenue Next Year
1.05B
from 873.24M
Increased by 20.70%
EPS This Year
5.59
from 4.52
Increased by 23.67%
EPS Next Year
7.40
from 5.59
Increased by 32.30%
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.
Revenue Forecast
| Revenue | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | 902.0M | 1.1B | |
| Avg | 873.2M | 1.1B | |
| Low | 836.2M | 1.0B |
Revenue Growth
| Revenue Growth | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | 38.0% | 24.4% | |
| Avg | 33.6% | 20.7% | |
| Low | 28.0% | 15.9% |
EPS Forecast
| EPS | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | 5.82 | 7.76 | |
| Avg | 5.59 | 7.40 | |
| Low | 5.31 | 6.97 |
EPS Growth
| EPS Growth | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | 28.7% | 38.8% | |
| Avg | 23.7% | 32.3% | |
| Low | 17.5% | 24.7% |
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.