Midland States Bancorp, Inc. (MSBI)

Midland States Bancorp Stock Forecast

Stock Price Forecast

The 3 analysts that cover Midland States Bancorp stock have a consensus rating of "Hold" and an average price target of $21.33, which forecasts a 30.94% increase in the stock price over the next year. The lowest target is $20 and the highest is $23.

Price Target: $21.33 (+30.94%)

Analyst Consensus: Hold

Target	Low	Average	Median	High
Price	$20	$21.33	$21	$23
Change	+22.77%	+30.94%	+28.91%	+41.19%

* Price targets were last updated on May 2, 2025.

Analyst Ratings

The average analyst rating for Midland States Bancorp stock is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.

Recommendation Trends

Rating	Jan '25	Feb '25	Mar '25	Apr '25	May '25	Jun '25
Strong Buy	0	0	0	0	0	0
Buy	0	0	0	0	0	0
Hold	5	5	5	5	3	3
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	5	5	5	5	3	3

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Damon Delmonte Keefe, Bruyette & Woods	Keefe, Bruyette & Woods	Hold Maintains $21 → $20	Hold	Maintains	$21 → $20	+22.77%	May 2, 2025
Jeff Rulis DA Davidson	DA Davidson	Hold Maintains $27 → $21	Hold	Maintains	$27 → $21	+28.91%	Jan 28, 2025
Nathan Race Piper Sandler	Piper Sandler	Hold Maintains $29 → $23	Hold	Maintains	$29 → $23	+41.19%	Jan 28, 2025
Damon Delmonte Keefe, Bruyette & Woods	Keefe, Bruyette & Woods	Hold Maintains $28 → $23	Hold	Maintains	$28 → $23	+41.19%	Jan 27, 2025
Damon Delmonte Keefe, Bruyette & Woods	Keefe, Bruyette & Woods	Hold Maintains $24 → $28	Hold	Maintains	$24 → $28	+71.88%	Dec 4, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

311.40M

Increased by 83.04%

from 170.13M

Revenue Next Year

314.06M

Increased by 0.85%

from 311.40M

EPS This Year

2.53

from -1.05

EPS Next Year

2.65

Increased by 4.48%

from 2.53

Fiscal Year	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	226.67M	281.49M	303.51M	281.48M	170.13M	311.40M	314.06M
Revenue Growth	-9.42%	24.19%	7.82%	-7.26%	-39.56%	83.04%	0.85%
EPS	0.95	3.57	4.23	2.97	-1.05	2.53	2.65
EPS Growth	-57.89%	275.79%	18.51%	-29.85%	-	-	4.48%
Forward PE	-	-	-	-	-	6.43	6.16
No. Analysts	-	-	-	-	-	7	7

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2025	2026
High	327.6M	336.0M
Avg	311.4M	314.1M
Low	291.8M	285.1M

Revenue Growth

Revenue Growth	2025	2026
High	92.6%	7.9%
Avg	83.0%	0.9%
Low	71.5%	-8.5%

EPS Forecast

EPS	2025	2026
High	2.76	2.91
Avg	2.53	2.65
Low	2.25	2.21

EPS Growth

EPS Growth	2025	2026
High	-	14.8%
Avg	-	4.5%
Low	-	-12.8%

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.