Independent Bank Corp. (INDB)
NASDAQ: INDB · Real-Time Price · USD
85.19
+0.08 (0.09%)
At close: Jun 26, 2026, 4:00 PM EDT
85.19
0.00 (0.00%)
After-hours: Jun 26, 2026, 4:31 PM EDT
Independent Bank Stock Forecast
Stock Price Forecast
The 6 analysts with 12-month price forecasts for Independent Bank stock have an average target of 91, with a low estimate of 82 and a high estimate of 97. The average target predicts an increase of 6.82% from the current stock price of 85.19.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for Independent Bank 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 | 3 | 4 |
| Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Hold | 2 | 2 | 1 | 1 | 1 | 1 |
| Sell | 0 | 0 | 1 | 1 | 1 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 5 | 5 | 5 | 5 | 6 | 7 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Piper Sandler | Piper Sandler | Hold Reiterates $84 → $90 | Hold | Reiterates | $84 → $90 | +5.65% | Jun 26, 2026 |
| Hovde Group | Hovde Group | Buy Initiates $95 | Buy | Initiates | $95 | +11.52% | May 15, 2026 |
| KBW | KBW | Buy Maintains $96 → $94 | Buy | Maintains | $96 → $94 | +10.34% | Apr 20, 2026 |
| Barclays | Barclays | Sell Reiterates $82 | Sell | Reiterates | $82 | -3.74% | Apr 20, 2026 |
| Raymond James | Raymond James | Buy Maintains $94 → $97 | Buy | Maintains | $94 → $97 | +13.86% | Apr 17, 2026 |
Financial Forecast
Revenue This Year
1.05B
from 857.52M
Increased by 21.97%
Revenue Next Year
1.11B
from 1.05B
Increased by 5.66%
EPS This Year
7.30
from 5.64
Increased by 29.44%
EPS Next Year
8.35
from 7.30
Increased by 14.44%
Revenue Forecast
| Revenue | 2026 | 2027 |
|---|---|---|
| High | 1.1B | 1.1B |
| Avg | 1.0B | 1.1B |
| Low | 1.0B | 1.1B |
Revenue Growth
| Revenue Growth | 2026 | 2027 |
|---|---|---|
| High | 22.6% | 7.1% |
| Avg | 22.0% | 5.7% |
| Low | 21.5% | 4.0% |
EPS Forecast
| EPS | 2026 | 2027 |
|---|---|---|
| High | - | - |
| Avg | 7.30 | 8.35 |
| Low | - | - |
EPS Growth
| EPS Growth | 2026 | 2027 |
|---|---|---|
| High | - | - |
| Avg | 29.4% | 14.4% |
| 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.