Nicolet Bankshares, Inc. (NIC)

Nicolet Bankshares Stock Forecast

Stock Price Forecast

The 3 analysts that cover Nicolet Bankshares stock have a consensus rating of "Buy" and an average price target of $163.67, which forecasts a 7.78% increase in the stock price over the next year. The lowest target is $148 and the highest is $173.

Price Target: $163.67 (+7.78%)

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$148	$163.67	$170	$173
Change	-2.54%	+7.78%	+11.95%	+13.93%

Analyst Ratings

The average analyst rating for Nicolet Bankshares stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating	Sep '25	Oct '25	Nov '25	Dec '25	Jan '26	Feb '26
Strong Buy	1	1	1	1	1	1
Buy	0	0	0	1	1	1
Hold	3	3	3	1	1	1
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	4	4	4	3	3	3

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Michael Diana Maxim Group	Maxim Group	Strong Buy Maintains $161 → $173	Strong Buy	Maintains	$161 → $173	+13.93%	Jan 22, 2026
Damon Delmonte Keefe, Bruyette & Woods	Keefe, Bruyette & Woods	Buy Maintains $165 → $170	Buy	Maintains	$165 → $170	+11.95%	Jan 22, 2026
Nathan Race Piper Sandler	Piper Sandler	Hold Maintains $145 → $148	Hold	Maintains	$145 → $148	-2.54%	Jan 21, 2026
Damon Delmonte Keefe, Bruyette & Woods	Keefe, Bruyette & Woods	Buy Maintains $160 → $165	Buy	Maintains	$160 → $165	+8.66%	Dec 17, 2025
Michael Diana Maxim Group	Maxim Group	Strong Buy Maintains $131 → $161	Strong Buy	Maintains	$131 → $161	+6.03%	Jul 17, 2025

More Analyst Ratings

Financial Forecast

Revenue This Year

458.30M

Increased by 18.18%

from 387.79M

Revenue Next Year

626.10M

Increased by 36.61%

from 458.30M

EPS This Year

11.85

Increased by 21.14%

from 9.78

EPS Next Year

14.38

Increased by 21.34%

from 11.85

Fiscal Year	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026	Dec 31, 2027
Revenue	210.42M	286.38M	272.50M	346.48M	387.79M	458.30M	626.10M
Revenue Growth	15.83%	36.10%	-4.85%	27.15%	11.92%	18.18%	36.61%
EPS	5.44	6.56	4.08	8.05	9.78	11.85	14.38
EPS Growth	-4.56%	20.59%	-37.81%	97.30%	21.49%	21.14%	21.34%
Forward PE	-	-	-	-	-	12.82	10.56
No. Analysts	-	-	-	-	-	6	4

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

Revenue Forecast

Revenue	2026	2027
High	571.1M	653.7M
Avg	458.3M	626.1M
Low	317.7M	604.9M

Revenue Growth

Revenue Growth	2026	2027
High	47.3%	42.6%
Avg	18.2%	36.6%
Low	-18.1%	32.0%

EPS Forecast

EPS	2026	2027
High	13.18	15.59
Avg	11.85	14.38
Low	10.39	13.62

EPS Growth

EPS Growth	2026	2027
High	34.7%	31.6%
Avg	21.1%	21.3%
Low	6.2%	15.0%

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.