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 11.80% from the current stock price of 24.15.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$25	$27	$27	$29
Change	+3.52%	+11.80%	+11.80%	+20.08%

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	Sep '24	Oct '24	Nov '24	Dec '24	Jan '25	Feb '25
Strong Buy	2	2	3	2	2	1
Buy	4	4	4	4	4	4
Hold	1	1	1	1	2	2
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	7	7	8	7	8	7

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Karl Shepard RBC Capital	RBC Capital	Hold Reiterates $24 → $26	Hold	Reiterates	$24 → $26	+7.66%	Jan 22, 2025
David Long Raymond James	Raymond James	Strong Buy Reiterates $28 → $29	Strong Buy	Reiterates	$28 → $29	+20.08%	Jan 22, 2025
Terry McEvoy Stephens & Co.	Stephens & Co.	Buy Reiterates $27	Buy	Reiterates	$27	+11.80%	Jan 22, 2025
Jared Shaw Barclays	Barclays	Buy Maintains $26 → $27	Buy	Maintains	$26 → $27	+11.80%	Dec 20, 2024
David Long Raymond James	Raymond James	Hold → Strong Buy Upgrades $28	Hold → Strong Buy	Upgrades	$28	+15.94%	Nov 26, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

2.37B

Revenue Next Year

2.85B

from 2.37B

20.28%

from 2.37B

EPS This Year

2.10

from 1.68

24.72%

from 1.68

EPS Next Year

2.68

from 2.10

27.72%

from 2.10

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	-	-	-	-	-	2.37B	2.85B	-
Revenue Growth	-2.81%	7.73%	88.60%	12.11%	-0.04%	-	20.28%	-
EPS	1.36	1.67	1.50	1.94	1.68	2.10	2.68	2.97
EPS Growth	-1.45%	22.79%	-10.18%	29.33%	-13.40%	24.72%	27.72%	10.89%
Forward PE	-	-	-	-	-	11.53	9.02	8.14
No. Analysts	-	-	-	-	-	10	10	2

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

Revenue Forecast

Revenue	2025	2026
High	2.5B	3.0B
Avg	2.4B	2.9B
Low	2.2B	2.7B

Revenue Growth

Revenue Growth	2025	2026
High	-	27.4%
Avg	-	20.3%
Low	-	14.3%

EPS Forecast

EPS	2025	2026	2027
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	2025	2026	2027
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.