Independent Bank Corp. (INDB)
NASDAQ: INDB · Real-Time Price · USD
81.11
+0.50 (0.62%)
Jun 10, 2026, 3:21 PM EDT - Market open
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 $90.57. The average 1-year stock price forecast is 11.66% higher than the current stock price, while the lowest is $82 (+1.10%) and the highest is $97 (+19.59%).
Price Target: $90.57 (+11.66%)
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 | Dec '25 | Jan '26 | Feb '26 | Mar '26 | Apr '26 | May '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 2 | 3 | 4 |
| Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Hold | 2 | 2 | 1 | 1 | 1 | 1 |
| Sell | 0 | 0 | 1 | 1 | 1 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 5 | 5 | 5 | 5 | 6 | 7 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Hovde Group | Hovde Group | Buy Initiates $95 | Buy | Initiates | $95 | +17.12% | May 15, 2026 |
| KBW | KBW | Buy Maintains $96 → $94 | Buy | Maintains | $96 → $94 | +15.89% | Apr 20, 2026 |
| Barclays | Barclays | Sell Reiterates $82 | Sell | Reiterates | $82 | +1.10% | Apr 20, 2026 |
| Piper Sandler | Piper Sandler | Hold Reiterates $84 | Hold | Reiterates | $84 | +3.56% | Apr 20, 2026 |
| Raymond James | Raymond James | Buy Maintains $94 → $97 | Buy | Maintains | $94 → $97 | +19.59% | Apr 17, 2026 |
Financial Forecast
Revenue This Year
1.05B
from 857.52M
Increased by 21.97%
Revenue Next Year
1.11B
from 1.05B
Increased by 5.66%
EPS This Year
7.30
from 5.64
Increased by 29.44%
EPS Next Year
8.35
from 7.30
Increased by 14.44%
EPS and Forward PE are based on non-GAAP adjusted numbers.
Revenue Forecast
| Revenue | 2026 | 2027 |
|---|---|---|
| High | 1.1B | |
| Avg | 1.0B | |
| Low | 1.0B |
Revenue Growth
| Revenue Growth | 2026 | 2027 |
|---|---|---|
| High | 22.6% | |
| Avg | 22.0% | |
| Low | 21.5% |
EPS Forecast
| EPS | 2026 | 2027 |
|---|---|---|
| High | - | |
| Avg | 7.30 | |
| Low | - |
EPS Growth
| EPS Growth | 2026 | 2027 |
|---|---|---|
| High | - | |
| Avg | 29.4% | |
| Low | - |