First Merchants Corporation (FRME)
NASDAQ: FRME · Real-Time Price · USD
43.68
+0.31 (0.71%)
At close: Jun 26, 2026, 4:00 PM EDT
43.68
0.00 (0.00%)
After-hours: Jun 26, 2026, 4:31 PM EDT
First Merchants Stock Forecast
Stock Price Forecast
The 2 analysts with 12-month price forecasts for First Merchants stock have an average target of 50.5, with a low estimate of 50 and a high estimate of 51. The average target predicts an increase of 15.61% from the current stock price of 43.68.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for First Merchants stock from 6 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 | Jun '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 1 | 2 | 2 | 2 | 2 |
| Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| Hold | 2 | 2 | 2 | 2 | 2 | 2 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 6 | 5 | 6 | 6 | 6 | 6 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Piper Sandler | Piper Sandler | Buy Reiterates $49 → $51 | Buy | Reiterates | $49 → $51 | +16.76% | Jun 25, 2026 |
Unknown Analyst Raymond James No rating | Raymond James | Hold Maintains n/a | Hold | Maintains | n/a | n/a | Apr 28, 2026 |
| KBW | KBW | Buy Reiterates $50 | Buy | Reiterates | $50 | +14.47% | Apr 24, 2026 |
Unknown Analyst Stephens No rating | Stephens | Hold Maintains $44 | Hold | Maintains | $44 | +0.73% | Jan 28, 2026 |
Financial Forecast
Revenue This Year
809.57M
from 687.67M
Increased by 17.73%
Revenue Next Year
852.99M
from 809.57M
Increased by 5.36%
EPS This Year
4.24
from 3.89
Increased by 8.91%
EPS Next Year
4.56
from 4.24
Increased by 7.51%
Revenue Forecast
| Revenue | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 812.9M | 863.5M | |
| Avg | 809.6M | 853.0M | |
| Low | 804.5M | 838.3M |
Revenue Growth
| Revenue Growth | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 18.2% | 6.7% | |
| Avg | 17.7% | 5.4% | |
| Low | 17.0% | 3.5% |
EPS Forecast
| EPS | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | - | - | |
| Avg | 4.24 | 4.56 | |
| Low | - | - |
EPS Growth
| EPS Growth | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | - | - | |
| Avg | 8.9% | 7.5% | |
| Low | - | - |
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.