Independent Bank Corp. (INDB)
NASDAQ: INDB · Real-Time Price · USD
79.87
-0.01 (-0.01%)
Oct 19, 2026, 10:01 AM 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 $93.43. The average 1-year stock price forecast is 16.98% higher than the current stock price, while the lowest is $82 (+2.67%) and the highest is $100 (+25.20%).

Price Target: $93.43 (+16.98%)
Analyst Consensus: Buy

Price Target

Chart
TargetLowAverageMedianHigh
Price$82$93.43$96$100
Change+2.67%+16.98%+20.20%+25.20%

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
RatingMay '26Jun '26Jul '26Aug '26Sep '26Oct '26
Strong Buy444444
Buy111111
Hold111111
Sell111111
Strong Sell000000
Total777777

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Barclays
Barclays
Sell
Maintains
$82
SellMaintains$82+2.67%Oct 19, 2026
KBW
KBW
Buy
Reiterates
$96
BuyReiterates$96+20.20%Oct 19, 2026
Piper Sandler
Piper Sandler
Hold
Maintains
$90 → $91
HoldMaintains$90 → $91+13.94%Oct 16, 2026
Raymond James
Raymond James
Buy
Reiterates
$97
BuyReiterates$97+21.45%Oct 2, 2026
Hovde Group
Hovde Group
Buy
Initiates
$95
BuyInitiates$95+18.94%May 15, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
1.03B
from 857.52M
Increased by 20.55%
Revenue Next Year
1.09B
from 1.03B
Increased by 4.97%
EPS This Year
7.22
from 5.64
Increased by 28.00%
EPS Next Year
8.27
from 7.22
Increased by 14.59%
Fiscal YearFY 2025FY 2026
Period EndingDec 31, 2025Dec 31, 2026
Revenue
857.52M1.03B
Revenue Growth
24.32%20.55%
Gross Profit
30.61M40.17M
Gross Margin
3.57%3.89%
Operating Income
332.71M478.00M
Net Income
205.12M341.60M
EPS
5.647.22
EPS Growth
23.96%28.00%
Forward PE
-11.06
Dividend / Share
2.362.54
Dividend Growth
3.51%7.63%
No. Analysts
-4
EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Revenue202620272028
High1.0B
Avg1.0B
Low1.0B

Revenue Growth

Revenue Growth202620272028
High
21.2%
Avg
20.6%
Low
20.2%

EPS Forecast

EPS202620272028
High7.33
Avg7.22
Low7.13

EPS Growth

EPS Growth202620272028
High
30.0%
Avg
28.0%
Low
26.3%