Old National Bancorp (ONB)
NASDAQ: ONB · IEX Real-Time Price · USD
17.41
+0.54 (3.20%)
Mar 27, 2024, 4:00 PM EDT - Market closed

Old National Bancorp Stock Forecast

Stock Price Forecast

The 7 analysts with 12-month price forecasts for ONB stock have an average target of 18.29, with a low estimate of 16 and a high estimate of 21. The average target predicts an increase of 5.05% from the current stock price of 17.41.

Analyst Consensus: Buy
Target Low Average Median High
Price $16 $18.29 $19 $21
Change -8.10% +5.05% +9.13% +20.62%

Analyst Ratings

The average analyst rating for ONB 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 '23Nov '23Dec '23Jan '24Feb '24Mar '24
Strong Buy 001222
Buy 333334
Hold 111111
Sell 000000
Strong Sell 000000
Total 445667

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Barclays
Barclays
Buy
Initiates
$20
Buy Initiates $20 +14.88% Mar 8, 2024
Stephens & Co.
Stephens & Co.
Buy
Maintains
$22$21
Buy Maintains $22$21 +20.62% Jan 24, 2024
UBS
UBS
Strong Buy
Maintains
$20$19
Strong Buy Maintains $20$19 +9.13% Jan 24, 2024
Citigroup
Citigroup
Strong Buy
Initiates
$17
Strong Buy Initiates $17 -2.35% Dec 1, 2023
Piper Sandler
Piper Sandler
Buy
Maintains
$17$16
Buy Maintains $17$16 -8.10% Oct 27, 2023
More Analyst Ratings

Financial Forecast

Revenue This Year
1.88B
from 1.78B
Increased by 5.76%
Revenue Next Year
2.03B
from 1.88B
Increased by 7.87%
EPS This Year
1.84
from 1.94
Decreased by -4.96%
EPS Next Year
2.03
from 1.84
Increased by 9.99%
Year 20192020202120222023202420252026
Revenue
798.84M792.49M840.24M1.58B1.78B1.88B2.03B2.22B
Revenue Growth
10.04%-0.80%6.03%88.39%12.30%5.76%7.87%9.32%
EPS
1.381.361.671.501.941.842.032.42
EPS Growth
13.11%-1.45%22.79%-10.18%29.33%-4.96%9.99%19.21%
No. Analysts -----993
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 202420252026
High 2.0B 2.1B 2.4B
Avg 1.9B 2.0B 2.2B
Low 1.8B 1.9B 2.1B

Revenue Growth

Revenue Growth 202420252026
High
11.8%
13.7%
17.5%
Avg
5.8%
7.9%
9.3%
Low
1.7%
3.7%
2.5%

EPS Forecast

EPS 202420252026
High 1.96 2.20 2.63
Avg 1.84 2.03 2.42
Low 1.70 1.91 2.24

EPS Growth

EPS Growth 202420252026
High
0.9%
19.3%
29.4%
Avg
-5.0%
10.0%
19.2%
Low
-12.6%
3.6%
10.5%
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.