Nicolet Bankshares Stock Forecast

Stock Price Forecast

The 5 analysts with 12-month price forecasts for Nicolet Bankshares stock have an average target of 101.6, with a low estimate of 84 and a high estimate of 124. The average target predicts a decrease of -7.20% from the current stock price of 109.48.

Analyst Consensus: Hold

Target	Low	Average	Median	High
Price	$84	$101.6	$104	$124
Change	-23.27%	-7.20%	-5.01%	+13.26%

* Price targets were last updated on Oct 17, 2024.

Analyst Ratings

The average analyst rating for NIC stock from 5 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.

Recommendation Trends

Rating	Jun '24	Jul '24	Aug '24	Sep '24	Oct '24	Nov '24
Strong Buy	0	0	0	0	1	1
Buy	0	0	0	0	0	0
Hold	4	4	4	4	4	4
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	4	4	4	4	5	5

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Michael Diana Maxim Group	Maxim Group	Strong Buy Maintains $120 → $124	Strong Buy	Maintains	$120 → $124	+13.26%	Oct 17, 2024
Terry McEvoy Stephens & Co.	Stephens & Co.	Hold Maintains $90 → $110	Hold	Maintains	$90 → $110	+0.47%	Jul 18, 2024
Nathan Race Piper Sandler	Piper Sandler	Hold Maintains $86 → $104	Hold	Maintains	$86 → $104	-5.01%	Jul 17, 2024
Terry McEvoy Stephens & Co.	Stephens & Co.	Hold Maintains $92 → $88	Hold	Maintains	$92 → $88	-19.62%	Apr 18, 2024
Damon Delmonte Keefe, Bruyette & Woods	Keefe, Bruyette & Woods	Hold Maintains $85 → $86	Hold	Maintains	$85 → $86	-21.45%	Apr 18, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

268.65M

Revenue Next Year

281.08M

from 268.65M

4.63%

from 268.65M

EPS This Year

7.86

from 4.08

92.58%

from 4.08

EPS Next Year

8.03

from 7.86

2.18%

from 7.86

Fiscal Year	FY 2019	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2019	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	-	-	-	-	-	268.65M	281.08M	292.28M
Revenue Growth	16.39%	7.98%	15.83%	36.10%	-4.85%	-	4.63%	3.98%
EPS	5.52	5.70	5.44	6.56	4.08	7.86	8.03	8.15
EPS Growth	33.98%	3.26%	-4.56%	20.59%	-37.80%	92.58%	2.18%	1.47%
Forward PE	-	-	-	-	-	13.93	13.64	13.44
No. Analysts	-	-	-	-	-	6	6	5

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

Revenue Forecast

Revenue	2024	2025	2026
High	280.8M	298.3M	312.4M
Avg	268.7M	281.1M	292.3M
Low	258.4M	268.4M	278.8M

Revenue Growth

Revenue Growth	2024	2025	2026
High	-	11.0%	11.1%
Avg	-	4.6%	4.0%
Low	-	-0.1%	-0.8%

EPS Forecast

EPS	2024	2025	2026
High	8.21	9.03	8.82
Avg	7.86	8.03	8.15
Low	7.60	7.50	7.69

EPS Growth

EPS Growth	2024	2025	2026
High	101.2%	14.9%	9.9%
Avg	92.6%	2.2%	1.5%
Low	86.2%	-4.6%	-4.2%

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.