Nicolet Bankshares Stock Forecast

Stock Price Forecast

The 4 analysts with 12-month price forecasts for Nicolet Bankshares stock have an average target of 85.13, with a low estimate of 82.5 and a high estimate of 88. The average target predicts an increase of 3.19% from the current stock price of 82.50.

Analyst Consensus: Hold

Target	Low	Average	Median	High
Price	$82.5	$85.13	$86	$88
Change	0.00%	+3.19%	+4.24%	+6.67%

* Price targets were last updated on Apr 18, 2024.

Analyst Ratings

The average analyst rating for NIC stock from 4 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.

Recommendation Trends

Rating	Jan '24	Feb '24	Mar '24	Apr '24	May '24	Jun '24
Strong Buy	0	0	0	0	0	0
Buy	0	0	0	0	0	0
Hold	3	3	3	4	4	4
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	3	3	3	4	4	4

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Terry McEvoy Stephens & Co.	Stephens & Co.	Hold Maintains $92 → $88	Hold	Maintains	$92 → $88	+6.67%	Apr 18, 2024
Damon Delmonte Keefe, Bruyette & Woods	Keefe, Bruyette & Woods	Hold Maintains $85 → $86	Hold	Maintains	$85 → $86	+4.24%	Apr 18, 2024
Terry McEvoy Stephens & Co.	Stephens & Co.	Hold Reiterates $92	Hold	Reiterates	$92	+11.52%	Apr 17, 2024
Nathan Race Piper Sandler	Piper Sandler	Hold Maintains $88 → $83	Hold	Maintains	$88 → $83	n/a	Apr 17, 2024
Damon Delmonte Keefe, Bruyette & Woods	Keefe, Bruyette & Woods	Hold Maintains $84 → $85	Hold	Maintains	$84 → $85	+3.03%	Jan 18, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

256.56M

from 272.50M

-5.85%

from 272.50M

Revenue Next Year

265.33M

from 256.56M

3.42%

from 256.56M

EPS This Year

7.03

from 4.08

72.40%

from 4.08

EPS Next Year

7.14

from 7.03

1.55%

from 7.03

Year	2019	2020	2021	2022	2023	2024	2025
Revenue	168.25M	181.66M	210.42M	286.38M	272.50M	256.56M	265.33M
Revenue Growth	16.39%	7.98%	15.83%	36.10%	-4.85%	-5.85%	3.42%
EPS	5.52	5.70	5.44	6.56	4.08	7.03	7.14
EPS Growth	33.98%	3.26%	-4.56%	20.59%	-37.80%	72.40%	1.55%
Forward PE	-	-	-	-	-	11.73	11.55
No. Analysts	-	-	-	-	-	6	6

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

Revenue Forecast

Revenue	2024	2025
High	270.5M	280.7M
Avg	256.6M	265.3M
Low	246.0M	250.3M

Revenue Growth

Revenue Growth	2024	2025
High	-0.7%	9.4%
Avg	-5.8%	3.4%
Low	-9.7%	-2.4%

EPS Forecast

EPS	2024	2025
High	7.51	8.14
Avg	7.03	7.14
Low	6.71	6.47

EPS Growth

EPS Growth	2024	2025
High	84.0%	15.7%
Avg	72.4%	1.5%
Low	64.5%	-8.0%

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.