Independent Bank Corporation (IBCP)
NASDAQ: IBCP · Real-Time Price · USD
36.23
+0.65 (1.83%)
At close: Jun 26, 2026, 4:00 PM EDT
36.23
0.00 (0.00%)
After-hours: Jun 26, 2026, 4:31 PM EDT

Independent Bank Stock Forecast

Stock Price Forecast

The 3 analysts with 12-month price forecasts for Independent Bank stock have an average target of 37, which predicts an increase of 2.13% from the current stock price of 36.23.

Analyst Consensus: Hold
Target Low Average Median High
Price $37 $37 $37 $37
Change +2.13% +2.13% +2.13% +2.13%
* Price targets were last updated on Apr 27, 2026.

Analyst Ratings

The average analyst rating for Independent Bank 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 Oct '25Dec '25Jan '26Feb '26Mar '26Apr '26
Strong Buy 000000
Buy 000000
Hold 554555
Sell 000000
Strong Sell 000000
Total 554555

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
D.A. Davidson
D.A. Davidson
Hold
Maintains
$36$37
Hold Maintains $36$37 +2.13% Apr 27, 2026
Piper Sandler
Piper Sandler
Hold
Maintains
$39$37
Hold Maintains $39$37 +2.13% Apr 27, 2026
KBW
KBW
Hold
Reiterates
$37
Hold Reiterates $37 +2.13% Apr 24, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
220.07M
from 180.02M
Increased by 22.25%
Revenue Next Year
242.29M
from 220.07M
Increased by 10.09%
EPS This Year
3.55
from 3.35
Increased by 6.03%
EPS Next Year
3.83
from 3.55
Increased by 7.77%
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
149.56M156.33M166.25M180.02M220.07M242.29M
Revenue Growth
-4.53%6.34%8.28%22.25%10.09%
EPS
2.972.793.163.273.453.83
EPS Growth
--6.06%13.26%3.48%5.63%10.83%
Forward PE
----10.499.46
No. Analysts ----33
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20262027
High 255.4M 278.6M
Avg 220.1M 242.3M
Low 202.3M 223.2M

Revenue Growth

Revenue Growth 20262027
High
41.9%
26.6%
Avg
22.3%
10.1%
Low
12.4%
1.4%

EPS Forecast

EPS 20262027
High 3.62 3.91
Avg 3.55 3.83
Low 3.51 3.78

EPS Growth

EPS Growth 20262027
High
8.1%
10.1%
Avg
6.0%
7.8%
Low
4.8%
6.4%
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.