Merchants Bancorp (MBIN)
NASDAQ: MBIN · Real-Time Price · USD
32.22
+0.05 (0.16%)
At close: Oct 6, 2025, 4:00 PM EDT
32.22
0.00 (0.00%)
After-hours: Oct 6, 2025, 4:10 PM EDT
Merchants Bancorp Stock Forecast
Stock Price Forecast
The 3 analysts that cover Merchants Bancorp stock have a consensus rating of "Buy" and an average price target of $40, which forecasts a 24.15% increase in the stock price over the next year. The lowest target is $39 and the highest is $41.
Price Target: $40 (+24.15%)
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for Merchants Bancorp 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 | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| Hold | 1 | 1 | 1 | 1 | 1 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 3 | 3 | 3 | 3 | 3 | 3 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Morgan Stanley | Morgan Stanley | Hold Maintains $34 → $39 | Hold | Maintains | $34 → $39 | +21.04% | Sep 29, 2025 |
| Piper Sandler | Piper Sandler | Buy Maintains $42 → $41 | Buy | Maintains | $42 → $41 | +27.25% | Jul 30, 2025 |
| Morgan Stanley | Morgan Stanley | Hold Maintains $40 → $34 | Hold | Maintains | $40 → $34 | +5.52% | Jul 29, 2025 |
| Raymond James | Raymond James | Buy Reiterates $41 → $40 | Buy | Reiterates | $41 → $40 | +24.15% | Jul 29, 2025 |
| Raymond James | Raymond James | Buy Reiterates $45 → $41 | Buy | Reiterates | $45 → $41 | +27.25% | Apr 29, 2025 |
Financial Forecast
Revenue This Year
672.92M
from 646.45M
Increased by 4.09%
Revenue Next Year
725.93M
from 672.92M
Increased by 7.88%
EPS This Year
3.34
from 6.30
Decreased by -47.00%
EPS Next Year
5.11
from 3.34
Increased by 53.15%
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.
Revenue Forecast
| Revenue | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | 704.5M | 767.6M | |
| Avg | 672.9M | 725.9M | |
| Low | 635.2M | 674.2M |
Revenue Growth
| Revenue Growth | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | 9.0% | 14.1% | |
| Avg | 4.1% | 7.9% | |
| Low | -1.7% | 0.2% |
EPS Forecast
| EPS | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | 3.44 | 5.72 | |
| Avg | 3.34 | 5.11 | |
| Low | 3.20 | 4.69 |
EPS Growth
| EPS Growth | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | -45.3% | 71.4% | |
| Avg | -47.0% | 53.1% | |
| Low | -49.2% | 40.6% |
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.