First Mid Bancshares Stock Forecast

Stock Price Forecast

The 5 analysts with 12-month price forecasts for First Mid Bancshares stock have an average target of 43.4, with a low estimate of 40 and a high estimate of 48. The average target predicts an increase of 6.79% from the current stock price of 40.64.

Analyst Consensus: Hold

Target	Low	Average	Median	High
Price	$40	$43.4	$42	$48
Change	-1.57%	+6.79%	+3.35%	+18.11%

* Price targets were last updated on Feb 2, 2026.

Analyst Ratings

The average analyst rating for First Mid Bancshares stock from 5 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.

Recommendation Trends

Rating	Sep '25	Oct '25	Nov '25	Dec '25	Jan '26	Feb '26
Strong Buy	0	0	0	0	0	0
Buy	2	2	2	2	2	2
Hold	3	3	3	3	3	3
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	5	5	5	5	5	5

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Jeff Rulis DA Davidson	DA Davidson	Hold Maintains $45 → $46	Hold	Maintains	$45 → $46	+13.19%	Feb 2, 2026
Nathan Rice Piper Sandler	Piper Sandler	Buy Maintains $49 → $48	Buy	Maintains	$49 → $48	+18.11%	Nov 3, 2025
Nathan Rice Piper Sandler	Piper Sandler	Buy Maintains $47 → $49	Buy	Maintains	$47 → $49	+20.57%	Jul 28, 2025
David Konrad DA Davidson	DA Davidson	Hold Maintains $39 → $42	Hold	Maintains	$39 → $42	+3.35%	Jul 25, 2025
Terry McEvoy Stephens & Co.	Stephens & Co.	Hold Maintains $43 → $41	Hold	Maintains	$43 → $41	+0.89%	May 2, 2025

More Analyst Ratings

Financial Forecast

Revenue This Year

371.11M

from 339.30M

9.38%

from 339.30M

Revenue Next Year

395.40M

from 371.11M

6.55%

from 371.11M

EPS This Year

4.50

from 3.83

17.53%

from 3.83

EPS Next Year

4.90

from 4.50

8.92%

from 4.50

Fiscal Year	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026	Dec 31, 2027
Revenue	222.37M	254.15M	274.15M	319.38M	339.30M	371.11M	395.40M
Revenue Growth	30.17%	14.29%	7.87%	16.50%	6.24%	9.38%	6.55%
EPS	2.87	3.60	3.15	3.30	3.83	4.50	4.90
EPS Growth	6.30%	25.44%	-12.50%	4.76%	16.06%	17.53%	8.92%
Forward PE	-	-	-	-	-	9.03	8.29
No. Analysts	-	-	-	-	-	8	8

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

Revenue Forecast

Revenue	2026	2027
High	440.0M	472.0M
Avg	371.1M	395.4M
Low	298.0M	317.3M

Revenue Growth

Revenue Growth	2026	2027
High	29.7%	27.2%
Avg	9.4%	6.5%
Low	-12.2%	-14.5%

EPS Forecast

EPS	2026	2027
High	4.80	5.25
Avg	4.50	4.90
Low	3.86	4.55

EPS Growth

EPS Growth	2026	2027
High	25.3%	16.6%
Avg	17.5%	8.9%
Low	0.9%	1.1%

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.