Independent Bank Corp. (INDB)
NASDAQ: INDB · Real-Time Price · USD
79.81
-0.10 (-0.13%)
Mar 3, 2026, 1:58 PM EST - Market open

Independent Bank Stock Forecast

Stock Price Forecast

The 4 analysts with 12-month price forecasts for Independent Bank stock have an average target of 74.5, with a low estimate of 63 and a high estimate of 83. The average target predicts a decrease of -6.65% from the current stock price of 79.81.

Analyst Consensus: Hold
Target Low Average Median High
Price $63 $74.5 $80 $83
Change -21.06% -6.65% +0.24% +4.00%
* Price targets were last updated on Dec 17, 2025.

Analyst Ratings

The average analyst rating for Independent Bank stock from 4 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.

Recommendation Trends

Rating Sep '25Oct '25Nov '25Dec '25Jan '26Feb '26
Strong Buy 211110
Buy 011111
Hold 222333
Sell 000000
Strong Sell 000000
Total 444554

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Barclays
Barclays
Hold
Initiates
$80
Hold Initiates $80 +0.24% Dec 17, 2025
Keefe, Bruyette & Woods
Keefe, Bruyette & Woods
Buy
Upgrades
$80$83
Buy Upgrades $80$83 +4.00% Oct 21, 2025
Keefe, Bruyette & Woods
Keefe, Bruyette & Woods
Hold
Maintains
$80$72
Hold Maintains $80$72 -9.79% Apr 21, 2025
Piper Sandler
Piper Sandler
Hold
Maintains
$74$63
Hold Maintains $74$63 -21.06% Apr 21, 2025
Keefe, Bruyette & Woods
Keefe, Bruyette & Woods
Hold
Maintains
$82$80
Hold Maintains $82$80 +0.24% Jan 21, 2025
More Analyst Ratings

Financial Forecast

Revenue This Year
1.06B
from 792.05M
Increased by 33.83%
Revenue Next Year
1.12B
from 1.06B
Increased by 5.85%
EPS This Year
7.42
from 4.44
Increased by 67.20%
EPS Next Year
8.46
from 7.42
Increased by 14.01%
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
489.07M718.36M707.88M653.49M792.05M1.06B1.12B
Revenue Growth
15.00%46.88%-1.46%-7.68%21.20%33.83%5.85%
EPS
3.475.695.424.524.447.428.46
EPS Growth
-4.68%63.97%-4.73%-16.61%-1.76%67.20%14.01%
Forward PE
-----10.759.43
No. Analysts -----77
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20262027
High 1.1B 1.2B
Avg 1.1B 1.1B
Low 1.0B 1.1B

Revenue Growth

Revenue Growth 20262027
High
38.0%
9.8%
Avg
33.8%
5.8%
Low
28.4%
0.9%

EPS Forecast

EPS 20262027
High 7.77 9.19
Avg 7.42 8.46
Low 6.88 7.84

EPS Growth

EPS Growth 20262027
High
75.0%
23.8%
Avg
67.2%
14.0%
Low
54.9%
5.6%
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.