Nicolet Bankshares, Inc. (NIC)

Nicolet Bankshares Stock Forecast

Stock Price Forecast

The 4 analysts with 12-month price forecasts for Nicolet Bankshares stock have an average target of 119.25, with a low estimate of 110 and a high estimate of 131. The average target predicts an increase of 1.88% from the current stock price of 117.05.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$110	$119.25	$118	$131
Change	-6.02%	+1.88%	+0.81%	+11.92%

Analyst Ratings

The average analyst rating for Nicolet Bankshares stock from 4 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating	Nov '24	Dec '24	Jan '25	Feb '25	Mar '25	Apr '25
Strong Buy	1	1	1	1	1	1
Buy	0	0	0	0	0	0
Hold	4	4	3	3	3	3
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	5	5	4	4	4	4

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Damon Delmonte Keefe, Bruyette & Woods	Keefe, Bruyette & Woods	Hold Maintains $115 → $118	Hold	Maintains	$115 → $118	+0.81%	Apr 17, 2025
Nathan Race Piper Sandler	Piper Sandler	Hold Maintains $120 → $118	Hold	Maintains	$120 → $118	+0.81%	Apr 16, 2025
Michael Diana Maxim Group	Maxim Group	Strong Buy Maintains $124 → $131	Strong Buy	Maintains	$124 → $131	+11.92%	Jan 23, 2025
Damon Delmonte Keefe, Bruyette & Woods	Keefe, Bruyette & Woods	Hold Maintains $110 → $115	Hold	Maintains	$110 → $115	-1.75%	Jan 23, 2025
Nathan Race Piper Sandler	Piper Sandler	Hold Maintains $119 → $120	Hold	Maintains	$119 → $120	+2.52%	Jan 22, 2025

More Analyst Ratings

Financial Forecast

Revenue This Year

296.23M

Decreased by -14.50%

from 346.48M

Revenue Next Year

308.32M

Increased by 4.08%

from 296.23M

EPS This Year

8.79

Increased by 9.20%

from 8.05

EPS Next Year

9.14

Increased by 4.00%

from 8.79

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	296.23M	308.32M
Revenue Growth	7.98%	15.83%	36.10%	-4.85%	27.15%	-14.50%	4.08%
EPS	5.70	5.44	6.56	4.08	8.05	8.79	9.14
EPS Growth	3.26%	-4.56%	20.59%	-37.81%	97.30%	9.20%	4.00%
Forward PE	-	-	-	-	-	13.32	12.80
No. Analysts	-	-	-	-	-	6	6

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

Revenue Forecast

Revenue	2025	2026
High	313.7M	333.7M
Avg	296.2M	308.3M
Low	282.9M	294.7M

Revenue Growth

Revenue Growth	2025	2026
High	-9.5%	12.7%
Avg	-14.5%	4.1%
Low	-18.4%	-0.5%

EPS Forecast

EPS	2025	2026
High	9.48	10.24
Avg	8.79	9.14
Low	8.20	8.43

EPS Growth

EPS Growth	2025	2026
High	17.8%	16.5%
Avg	9.2%	4.0%
Low	1.9%	-4.1%

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.