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 $26.6, which forecasts a 16.21% increase in the stock price over the next year. The lowest target is $24 and the highest is $28.

Price Target: $26.6 (+16.21%)

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$24	$26.6	$27	$28
Change	+4.85%	+16.21%	+17.96%	+22.32%

* Price targets were last updated on Jul 23, 2025.

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

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Scott Siefers Piper Sandler	Piper Sandler	Buy Reiterates $26 → $27	Buy	Reiterates	$26 → $27	+17.96%	Jul 23, 2025
Jon Arfstrom RBC Capital	RBC Capital	Hold Maintains $23 → $24	Hold	Maintains	$23 → $24	+4.85%	Jul 23, 2025
Brian Foran Truist Securities	Truist Securities	Strong Buy Maintains $26 → $27	Strong Buy	Maintains	$26 → $27	+17.96%	Jul 11, 2025
Jared Shaw Barclays	Barclays	Buy Maintains $25 → $28	Buy	Maintains	$25 → $28	+22.32%	Jul 8, 2025
David Chiaverini Jefferies	Jefferies	Hold Initiates $24	Hold	Initiates	$24	+4.85%	May 21, 2025

More Analyst Ratings

Financial Forecast

Revenue This Year

2.55B

Increased by 44.99%

from 1.76B

Revenue Next Year

2.95B

Increased by 15.31%

from 2.55B

EPS This Year

2.16

Increased by 28.76%

from 1.68

EPS Next Year

2.63

Increased by 21.79%

from 2.16

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	773.70M	833.47M	1.57B	1.76B	1.76B	2.55B	2.95B
Revenue Growth	-2.81%	7.73%	88.60%	12.11%	-0.04%	44.99%	15.31%
EPS	1.36	1.67	1.50	1.94	1.68	2.16	2.63
EPS Growth	-1.45%	22.79%	-10.18%	29.33%	-13.40%	28.76%	21.79%
Forward PE	-	-	-	-	-	10.58	8.69
No. Analysts	-	-	-	-	-	12	12

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

Revenue Forecast

Revenue	2025	2026	2027
High	2.7B	3.1B
Avg	2.6B	2.9B
Low	2.5B	2.8B

Revenue Growth

Revenue Growth	2025	2026	2027
High	52.7%	21.3%
Avg	45.0%	15.3%
Low	39.8%	10.4%

EPS Forecast

EPS	2025	2026	2027
High	2.35	2.93
Avg	2.16	2.63
Low	2.06	2.50

EPS Growth

EPS Growth	2025	2026	2027
High	39.7%	35.7%
Avg	28.8%	21.8%
Low	22.5%	15.5%

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.