Old National Bancorp (ONB)
NASDAQ: ONB · Real-Time Price · USD
20.72
-0.48 (-2.24%)
Apr 1, 2025, 10:31 AM EDT - Market open

Old National Bancorp Stock Forecast

Stock Price Forecast

The 7 analysts with 12-month price forecasts for Old National Bancorp stock have an average target of 27, with a low estimate of 25 and a high estimate of 29. The average target predicts an increase of 30.34% from the current stock price of 20.72.

Analyst Consensus: Buy
Target Low Average Median High
Price $25 $27 $27 $29
Change +20.69% +30.34% +30.34% +40.00%
* Price targets were last updated on Jan 22, 2025.

Analyst Ratings

The average analyst rating for Old National Bancorp stock from 7 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 Oct '24Nov '24Dec '24Jan '25Feb '25Mar '25
Strong Buy 232221
Buy 444444
Hold 111222
Sell 000000
Strong Sell 000000
Total 787887

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
RBC Capital
RBC Capital
Hold
Reiterates
$24$26
Hold Reiterates $24$26 +25.51% Jan 22, 2025
Raymond James
Raymond James
Strong Buy
Reiterates
$28$29
Strong Buy Reiterates $28$29 +40.00% Jan 22, 2025
Stephens & Co.
Stephens & Co.
Buy
Reiterates
$27
Buy Reiterates $27 +30.34% Jan 22, 2025
Barclays
Barclays
Buy
Maintains
$26$27
Buy Maintains $26$27 +30.34% Dec 20, 2024
Raymond James
Raymond James
Strong Buy
Upgrades
$28
Strong Buy Upgrades $28 +35.17% Nov 26, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
2.42B
from 1.76B
Increased by 37.15%
Revenue Next Year
2.94B
from 2.42B
Increased by 21.77%
EPS This Year
2.10
from 1.68
Increased by 24.72%
EPS Next Year
2.68
from 2.10
Increased by 27.72%
Fiscal Year FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026 FY 2027
Period Ending Dec 31, 2020 Dec 31, 2021 Dec 31, 2022 Dec 31, 2023 Dec 31, 2024 Dec 31, 2025 Dec 31, 2026 Dec 31, 2027
Revenue
773.70M833.47M1.57B1.76B1.76B2.42B2.94B3.05B
Revenue Growth
-2.81%7.73%88.60%12.11%-0.04%37.15%21.77%3.50%
EPS
1.361.671.501.941.682.102.682.97
EPS Growth
-1.45%22.79%-10.18%29.33%-13.40%24.72%27.72%10.89%
Forward PE
-----9.897.746.98
No. Analysts -----10102
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 202520262027
High 2.5B 3.1B 3.2B
Avg 2.4B 2.9B 3.0B
Low 2.3B 2.8B 3.0B

Revenue Growth

Revenue Growth 202520262027
High
43.7%
29.3%
7.6%
Avg
37.2%
21.8%
3.5%
Low
32.2%
15.4%
0.4%

EPS Forecast

EPS 202520262027
High 2.22 2.96 3.08
Avg 2.10 2.68 2.97
Low 1.95 2.50 2.88

EPS Growth

EPS Growth 202520262027
High
31.9%
41.1%
15.3%
Avg
24.7%
27.7%
10.9%
Low
16.1%
19.3%
7.6%
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.