Independent Bank Stock Forecast

Stock Price Forecast

The 4 analysts with 12-month price forecasts for Independent Bank stock have an average target of 87, with a low estimate of 82 and a high estimate of 94. The average target predicts an increase of 10.45% from the current stock price of 78.77.

Analyst Consensus: Hold

Target	Low	Average	Median	High
Price	$82	$87	$88	$94
Change	+4.10%	+10.45%	+11.72%	+19.33%

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	Nov '25	Dec '25	Jan '26	Feb '26	Mar '26	Apr '26
Strong Buy	1	1	1	0	0	0
Buy	1	1	1	1	1	2
Hold	2	3	3	2	3	1
Sell	0	0	0	1	1	1
Strong Sell	0	0	0	0	0	0
Total	4	5	5	4	5	4

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
David Konrad Keefe, Bruyette & Woods	Keefe, Bruyette & Woods	Buy Maintains $96 → $94	Buy	Maintains	$96 → $94	+19.33%	Apr 20, 2026
Matt Breese Stephens & Co.	Stephens & Co.	Buy Initiates $88	Buy	Initiates	$88	+11.72%	Apr 16, 2026
Jared Shaw Barclays	Barclays	Sell Maintains $80 → $82	Sell	Maintains	$80 → $82	+4.10%	Apr 7, 2026
Justin Crowley Piper Sandler	Piper Sandler	Hold Initiates $86 → $84	Hold	Initiates	$86 → $84	+6.64%	Mar 16, 2026
Jared Shaw Barclays	Barclays	Hold → Sell Downgrades $80	Hold → Sell	Downgrades	$80	+1.56%	Feb 2, 2026

More Analyst Ratings

Financial Forecast

Revenue This Year

1.06B

from 792.05M

33.83%

from 792.05M

Revenue Next Year

1.12B

from 1.06B

5.85%

from 1.06B

EPS This Year

7.42

from 4.44

67.20%

from 4.44

EPS Next Year

8.46

from 7.42

14.01%

from 7.42

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	489.07M	718.36M	707.88M	653.49M	792.05M	1.06B	1.12B
Revenue Growth	15.00%	46.88%	-1.46%	-7.68%	21.20%	33.83%	5.85%
EPS	3.47	5.69	5.42	4.52	4.44	7.42	8.46
EPS Growth	-4.68%	63.97%	-4.73%	-16.61%	-1.76%	67.20%	14.01%
Forward PE	-	-	-	-	-	10.61	9.31
No. Analysts	-	-	-	-	-	7	7

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

Revenue Forecast

Revenue	2026	2027
High	1.1B	1.2B
Avg	1.1B	1.1B
Low	1.0B	1.1B

Revenue Growth

Revenue Growth	2026	2027
High	38.0%	9.8%
Avg	33.8%	5.8%
Low	28.4%	0.9%

EPS Forecast

EPS	2026	2027
High	7.77	9.19
Avg	7.42	8.46
Low	6.88	7.84

EPS Growth

EPS Growth	2026	2027
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.