Finward Bancorp Stock Forecast

Stock Price Forecast

The 2 analysts with 12-month price forecasts for Finward Bancorp stock have an average target of 37.5, with a low estimate of 34 and a high estimate of 41. The average target predicts an increase of 13.53% from the current stock price of 33.03.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$34	$37.5	$41	$41
Change	+2.94%	+13.53%	+24.13%	+24.13%

* Price targets were last updated on Mar 27, 2026.

Analyst Ratings

The average analyst rating for Finward Bancorp stock from 2 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	Nov '25	Dec '25	Jan '26	Feb '26	Mar '26	Apr '26
Strong Buy	0	0	0	0	0	0
Buy	1	1	1	1	2	2
Hold	0	0	0	0	0	0
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	1	1	1	1	2	2

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Brandon Rud Stephens & Co.	Stephens & Co.	Buy Initiates $41	Buy	Initiates	$41	+24.13%	Mar 27, 2026
Terry McEvoy Stephens & Co.	Stephens & Co.	Buy Maintains $32 → $34	Buy	Maintains	$32 → $34	+2.94%	May 2, 2025
Terry McEvoy Stephens & Co.	Stephens & Co.	Buy Maintains $44 → $40	Buy	Maintains	$44 → $40	+21.10%	Oct 27, 2022
Terry McEvoy Stephens & Co.	Stephens & Co.	Buy Maintains $45 → $43	Buy	Maintains	$45 → $43	+30.18%	Jul 28, 2022
Terry McEvoy Stephens & Co.	Stephens & Co.	Buy Initiates $56	Buy	Initiates	$56	+69.54%	Jan 13, 2022

More Analyst Ratings

Financial Forecast

Revenue This Year

77.78M

from 66.25M

17.40%

from 66.25M

Revenue Next Year

82.01M

from 77.78M

5.44%

from 77.78M

EPS This Year

2.75

from 1.88

46.22%

from 1.88

EPS Next Year

3.12

from 2.75

13.36%

from 2.75

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	63.01M	77.12M	63.28M	71.60M	66.25M	77.78M	82.01M
Revenue Growth	4.43%	22.39%	-17.95%	13.15%	-7.47%	17.40%	5.44%
EPS	4.30	3.60	1.96	2.84	1.88	2.75	3.12
EPS Growth	-6.52%	-16.28%	-45.56%	44.90%	-33.80%	46.22%	13.36%
Forward PE	-	-	-	-	-	12.02	10.60
No. Analysts	-	-	-	-	-	4	4

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

Revenue Forecast

Revenue	2026	2027
High	80.1M	85.5M
Avg	77.8M	82.0M
Low	74.7M	77.8M

Revenue Growth

Revenue Growth	2026	2027
High	20.9%	9.9%
Avg	17.4%	5.4%
Low	12.7%	0.0%

EPS Forecast

EPS	2026	2027
High	2.88	3.27
Avg	2.75	3.12
Low	2.60	2.94

EPS Growth

EPS Growth	2026	2027
High	53.0%	18.8%
Avg	46.2%	13.4%
Low	38.1%	7.0%

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.