Old National Bancorp (ONB)

Old National Bancorp Stock Forecast

Stock Price Forecast

The 10 analysts that cover Old National Bancorp stock have a consensus rating of "Buy" and an average price target of $26.5, which forecasts a 15.82% increase in the stock price over the next year. The lowest target is $23 and the highest is $28.

Price Target: $26.5 (+15.82%)

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$23	$26.5	$27	$28
Change	+0.52%	+15.82%	+18.01%	+22.38%

Analyst Ratings

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

Recommendation Trends

Rating	Feb '25	Mar '25	Apr '25	May '25	Jun '25	Jul '25
Strong Buy	2	2	2	2	2	3
Buy	4	4	4	4	4	4
Hold	2	2	2	3	3	3
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	8	8	8	9	9	10

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Brian Foran Truist Securities	Truist Securities	Strong Buy Maintains $26 → $27	Strong Buy	Maintains	$26 → $27	+18.01%	Jul 11, 2025
Jared Shaw Barclays	Barclays	Buy Maintains $25 → $28	Buy	Maintains	$25 → $28	+22.38%	Jul 8, 2025
David Chiaverini Jefferies	Jefferies	Hold Initiates $24	Hold	Initiates	$24	+4.90%	May 21, 2025
Jon Arfstrom RBC Capital	RBC Capital	Hold Maintains $26 → $23	Hold	Maintains	$26 → $23	+0.52%	Apr 23, 2025
Ben Gerlinger Citigroup	Citigroup	Strong Buy Maintains $30 → $28	Strong Buy	Maintains	$30 → $28	+22.38%	Apr 23, 2025

More Analyst Ratings

Financial Forecast

Revenue This Year

2.55B

Increased by 44.53%

from 1.76B

Revenue Next Year

2.96B

Increased by 16.14%

from 2.55B

EPS This Year

2.18

Increased by 29.62%

from 1.68

EPS Next Year

2.66

Increased by 21.96%

from 2.18

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	773.70M	833.47M	1.57B	1.76B	1.76B	2.55B	2.96B	3.17B
Revenue Growth	-2.81%	7.73%	88.60%	12.11%	-0.04%	44.53%	16.14%	7.30%
EPS	1.36	1.67	1.50	1.94	1.68	2.18	2.66	3.03
EPS Growth	-1.45%	22.79%	-10.18%	29.33%	-13.40%	29.62%	21.96%	14.09%
Forward PE	-	-	-	-	-	10.51	8.61	7.55
No. Analysts	-	-	-	-	-	12	12	4

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

Revenue Forecast

Revenue	2025	2026	2027
High	2.7B	3.1B	3.3B
Avg	2.5B	3.0B	3.2B
Low	2.4B	2.8B	3.1B

Revenue Growth

Revenue Growth	2025	2026	2027
High	52.6%	23.1%	12.4%
Avg	44.5%	16.1%	7.3%
Low	37.7%	10.7%	3.3%

EPS Forecast

EPS	2025	2026	2027
High	2.40	3.01	3.26
Avg	2.18	2.66	3.03
Low	2.03	2.47	2.75

EPS Growth

EPS Growth	2025	2026	2027
High	42.7%	38.1%	22.6%
Avg	29.6%	22.0%	14.1%
Low	20.8%	13.5%	3.7%

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.