Independent Bank Corp. (INDB)
NASDAQ: INDB · Real-Time Price · USD
84.81
+0.30 (0.35%)
Jul 20, 2026, 4:00 PM EDT - Market closed

Independent Bank Stock Forecast

Stock Price Forecast

According to 7 analysts polled by S&P Global, Independent Bank stock has a consensus rating of "Buy" and an average price target of $91.71. The average 1-year stock price forecast is 8.14% higher than the current stock price, while the lowest is $82 (-3.31%) and the highest is $97 (+14.37%).

Price Target: $91.71 (+8.14%)
Analyst Consensus: Buy

Price Target

Chart
TargetLowAverageMedianHigh
Price$82$91.71$94$97
Change-3.31%+8.14%+10.84%+14.37%

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

Chart
RatingFeb '26Mar '26Apr '26May '26Jun '26Jul '26
Strong Buy223444
Buy111111
Hold111111
Sell111111
Strong Sell000000
Total556777

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Piper Sandler
Piper Sandler
Hold
Maintains
$90
HoldMaintains$90+6.12%Jul 17, 2026
Barclays
Barclays
Sell
Maintains
$82
SellMaintains$82-3.31%Jul 7, 2026
Raymond James
Raymond James
Buy
Reiterates
$97
BuyReiterates$97+14.37%Jul 2, 2026
Hovde Group
Hovde Group
Buy
Initiates
$95
BuyInitiates$95+12.02%May 15, 2026
KBW
KBW
Buy
Maintains
$96$94
BuyMaintains$96$94+10.84%Apr 20, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
1.04B
from 857.52M
Increased by 21.57%
Revenue Next Year
1.10B
from 1.04B
Increased by 5.08%
EPS This Year
7.25
from 5.64
Increased by 28.53%
EPS Next Year
8.28
from 7.25
Increased by 14.18%
Fiscal YearFY 2025FY 2026
Period EndingDec 31, 2025Dec 31, 2026
Revenue
857.52M1.04B
Revenue Growth
24.32%21.57%
Gross Profit
30.61M40.92M
Gross Margin
3.57%3.93%
Operating Income
332.71M473.81M
Net Income
205.12M345.92M
EPS
5.647.25
EPS Growth
23.96%28.53%
Forward PE
-11.70
Dividend / Share
2.362.56
Dividend Growth
3.51%8.47%
No. Analysts
-3
EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Revenue20262027
High1.1B
Avg1.0B
Low1.0B

Revenue Growth

Revenue Growth20262027
High
22.9%
Avg
21.6%
Low
20.8%

EPS Forecast

EPS20262027
High7.40
Avg7.25
Low7.04

EPS Growth

EPS Growth20262027
High
31.2%
Avg
28.5%
Low
24.9%