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 $145.33, which forecasts a 12.76% increase in the stock price over the next year. The lowest target is $135 and the highest is $161.

Price Target: $145.33 (+12.76%)

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$135	$145.33	$140	$161
Change	+4.75%	+12.76%	+8.63%	+24.92%

* Price targets were last updated on Jul 17, 2025.

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	Jun '25	Jul '25	Aug '25	Sep '25	Oct '25	Nov '25
Strong Buy	1	1	1	1	1	1
Buy	0	0	0	0	0	0
Hold	3	3	3	3	3	2
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	4	4	4	4	4	3

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Michael Diana Maxim Group	Maxim Group	Strong Buy Maintains $131 → $161	Strong Buy	Maintains	$131 → $161	+24.92%	Jul 17, 2025
Damon Delmonte Keefe, Bruyette & Woods	Keefe, Bruyette & Woods	Hold Maintains $118 → $135	Hold	Maintains	$118 → $135	+4.75%	Jul 17, 2025
Nathan Race Piper Sandler	Piper Sandler	Hold Maintains $123 → $140	Hold	Maintains	$123 → $140	+8.63%	Jul 16, 2025
Damon Delmonte Keefe, Bruyette & Woods	Keefe, Bruyette & Woods	Hold Maintains $115 → $118	Hold	Maintains	$115 → $118	-8.44%	Apr 17, 2025
Nathan Race Piper Sandler	Piper Sandler	Hold Maintains $120 → $118	Hold	Maintains	$120 → $118	-8.44%	Apr 16, 2025

More Analyst Ratings

Financial Forecast

Revenue This Year

305.75M

Decreased by -11.76%

from 346.48M

Revenue Next Year

321.30M

Increased by 5.09%

from 305.75M

EPS This Year

9.33

Increased by 15.93%

from 8.05

EPS Next Year

11.31

Increased by 21.21%

from 9.33

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	181.66M	210.42M	286.38M	272.50M	346.48M	305.75M	321.30M
Revenue Growth	7.98%	15.83%	36.10%	-4.85%	27.15%	-11.76%	5.09%
EPS	5.70	5.44	6.56	4.08	8.05	9.33	11.31
EPS Growth	3.26%	-4.56%	20.59%	-37.81%	97.30%	15.93%	21.21%
Forward PE	-	-	-	-	-	13.81	11.39
No. Analysts	-	-	-	-	-	6	6

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

Revenue Forecast

Revenue	2025	2026	2027
High	319.2M	340.3M
Avg	305.8M	321.3M
Low	295.4M	305.9M

Revenue Growth

Revenue Growth	2025	2026	2027
High	-7.9%	11.3%
Avg	-11.8%	5.1%
Low	-14.8%	0.0%

EPS Forecast

EPS	2025	2026	2027
High	10.23	13.18
Avg	9.33	11.31
Low	8.16	9.65

EPS Growth

EPS Growth	2025	2026	2027
High	27.0%	41.2%
Avg	15.9%	21.2%
Low	1.4%	3.4%

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.