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
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 '23 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 |
---|---|---|---|---|---|---|
Strong Buy | 0 | 0 | 1 | 2 | 2 | 2 |
Buy | 3 | 3 | 3 | 3 | 3 | 4 |
Hold | 1 | 1 | 1 | 1 | 1 | 1 |
Sell | 0 | 0 | 0 | 0 | 0 | 0 |
Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
Total | 4 | 4 | 5 | 6 | 6 | 7 |
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 |
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%
Revenue Forecast
Revenue | 2024 | 2025 | 2026 |
---|---|---|---|
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 | 2024 | 2025 | 2026 |
---|---|---|---|
High | 11.8% | 13.7% | 17.5% |
Avg | 5.8% | 7.9% | 9.3% |
Low | 1.7% | 3.7% | 2.5% |
EPS Forecast
EPS | 2024 | 2025 | 2026 |
---|---|---|---|
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 | 2024 | 2025 | 2026 |
---|---|---|---|
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.