First Mid Bancshares Stock Forecast

Stock Price Forecast

The 4 analysts with 12-month price forecasts for First Mid Bancshares stock have an average target of 48.75, with a low estimate of 47 and a high estimate of 52. The average target predicts an increase of 1.29% from the current stock price of 48.13.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$47	$48.75	$48	$52
Change	-2.35%	+1.29%	-0.27%	+8.04%

* Price targets were last updated on May 4, 2026.

Analyst Ratings

The average analyst rating for First Mid Bancshares 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	Dec '25	Jan '26	Feb '26	Mar '26	Apr '26	May '26
Strong Buy	2	2	2	2	2	2
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	7	7	7	7	7	7

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Jeff Rulis D.A. Davidson	D.A. Davidson	Hold Reiterates $47	Hold	Reiterates	$47	-2.35%	May 4, 2026
Daniel Tamayo Raymond James	Raymond James	Buy Maintains $47 → $48	Buy	Maintains	$47 → $48	-0.27%	May 1, 2026
Tim Switzer KBW	KBW	Hold Maintains $46 → $48	Hold	Maintains	$46 → $48	-0.27%	May 1, 2026
Nathan Race Piper Sandler	Piper Sandler	Buy Maintains $52	Buy	Maintains	$52	+8.04%	Apr 30, 2026

More Analyst Ratings

Financial Forecast

Revenue This Year

316.44M

from 256.17M

23.53%

from 256.17M

Revenue Next Year

336.05M

from 316.44M

6.20%

from 316.44M

EPS This Year

4.56

from 3.98

14.57%

from 3.98

EPS Next Year

4.89

from 4.56

7.33%

from 4.56

Fiscal Year	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026	Dec 31, 2027
Revenue	185.07M	193.46M	228.73M	256.17M	316.44M	336.05M
Revenue Growth	-	4.54%	18.23%	12.00%	23.53%	6.20%
EPS	3.60	3.15	3.30	3.83	4.38	4.89
EPS Growth	-	-12.50%	4.76%	16.06%	14.29%	11.81%
Forward PE	-	-	-	-	11.00	9.83
No. Analysts	-	-	-	-	7	7

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

Revenue Forecast

Revenue	2026	2027
High	319.3M	339.0M
Avg	316.4M	336.0M
Low	312.9M	332.0M

Revenue Growth

Revenue Growth	2026	2027
High	24.6%	7.1%
Avg	23.5%	6.2%
Low	22.1%	4.9%

EPS Forecast

EPS	2026	2027
High	4.70	5.00
Avg	4.56	4.89
Low	4.42	4.75

EPS Growth

EPS Growth	2026	2027
High	18.1%	9.6%
Avg	14.6%	7.3%
Low	11.1%	4.2%

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.