Old National Bancorp (ONB)

Old National Bancorp Stock Forecast

Stock Price Forecast

The 8 analysts with 12-month price forecasts for Old National Bancorp stock have an average target of 26.38, with a low estimate of 23 and a high estimate of 28. The average target predicts an increase of 26.52% from the current stock price of 20.85.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$23	$26.38	$27	$28
Change	+10.31%	+26.52%	+29.50%	+34.29%

Analyst Ratings

The average analyst rating for Old National Bancorp stock from 8 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	3	2	2	2	2	2
Buy	4	4	4	4	4	4
Hold	1	1	2	2	2	2
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	8	7	8	8	8	8

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Jon Arfstrom RBC Capital	RBC Capital	Hold Maintains $26 → $23	Hold	Maintains	$26 → $23	+10.31%	Apr 23, 2025
Ben Gerlinger Citigroup	Citigroup	Strong Buy Maintains $30 → $28	Strong Buy	Maintains	$30 → $28	+34.29%	Apr 23, 2025
Terry McEvoy Stephens & Co.	Stephens & Co.	Buy Reiterates $27	Buy	Reiterates	$27	+29.50%	Apr 14, 2025
Jared Shaw Barclays	Barclays	Buy Maintains $27 → $25	Buy	Maintains	$27 → $25	+19.90%	Apr 8, 2025
David Long Raymond James	Raymond James	Strong Buy Maintains $29 → $27	Strong Buy	Maintains	$29 → $27	+29.50%	Apr 2, 2025

More Analyst Ratings

Financial Forecast

Revenue This Year

2.45B

Increased by 39.08%

from 1.76B

Revenue Next Year

2.94B

Increased by 20.16%

from 2.45B

EPS This Year

2.13

Increased by 26.50%

from 1.68

EPS Next Year

2.65

Increased by 24.87%

from 2.13

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	2.45B	2.94B	3.05B
Revenue Growth	-2.81%	7.73%	88.60%	12.11%	-0.04%	39.08%	20.16%	3.43%
EPS	1.36	1.67	1.50	1.94	1.68	2.13	2.65	2.88
EPS Growth	-1.45%	22.79%	-10.18%	29.33%	-13.40%	26.50%	24.87%	8.63%
Forward PE	-	-	-	-	-	9.81	7.86	7.23
No. Analysts	-	-	-	-	-	10	10	3

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

Revenue Forecast

Revenue	2025	2026	2027
High	2.6B	3.1B	3.2B
Avg	2.5B	2.9B	3.0B
Low	2.3B	2.8B	3.0B

Revenue Growth

Revenue Growth	2025	2026	2027
High	49.5%	27.5%	7.5%
Avg	39.1%	20.2%	3.4%
Low	32.2%	15.1%	0.4%

EPS Forecast

EPS	2025	2026	2027
High	2.29	2.96	3.08
Avg	2.13	2.65	2.88
Low	2.01	2.50	2.71

EPS Growth

EPS Growth	2025	2026	2027
High	36.1%	39.1%	16.3%
Avg	26.5%	24.9%	8.6%
Low	19.6%	17.6%	2.3%

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.