Merchants Bancorp (MBIN)
NASDAQ: MBIN · Real-Time Price · USD
34.39
-0.24 (-0.69%)
Dec 5, 2025, 4:00 PM EST - Market closed
Merchants Bancorp Stock Forecast
Stock Price Forecast
The 3 analysts with 12-month price forecasts for Merchants Bancorp stock have an average target of 39.67, with a low estimate of 38 and a high estimate of 42. The average target predicts an increase of 15.35% from the current stock price of 34.39.
Analyst Consensus: Buy
* Price targets were last updated on Oct 30, 2025.
Analyst Ratings
The average analyst rating for Merchants Bancorp stock from 3 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 | Jul '25 | Aug '25 | Sep '25 | Oct '25 | Nov '25 | Dec '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| Hold | 1 | 1 | 1 | 1 | 1 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 3 | 3 | 3 | 3 | 3 | 3 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Piper Sandler | Piper Sandler | Buy Maintains $41 → $42 | Buy | Maintains | $41 → $42 | +22.13% | Oct 30, 2025 |
| Raymond James | Raymond James | Buy Reiterates $40 → $38 | Buy | Reiterates | $40 → $38 | +10.50% | Oct 29, 2025 |
| Morgan Stanley | Morgan Stanley | Hold Maintains $34 → $39 | Hold | Maintains | $34 → $39 | +13.41% | Sep 29, 2025 |
| Piper Sandler | Piper Sandler | Buy Maintains $42 → $41 | Buy | Maintains | $42 → $41 | +19.22% | Jul 30, 2025 |
| Morgan Stanley | Morgan Stanley | Hold Maintains $40 → $34 | Hold | Maintains | $40 → $34 | -1.13% | Jul 29, 2025 |
Financial Forecast
Revenue This Year
682.47M
from 646.45M
Increased by 5.57%
Revenue Next Year
742.54M
from 682.47M
Increased by 8.80%
EPS This Year
3.51
from 6.30
Decreased by -44.35%
EPS Next Year
5.05
from 3.51
Increased by 44.03%
Revenue Forecast
| Revenue | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | 703.7M | 767.5M | |
| Avg | 682.5M | 742.5M | |
| Low | 654.6M | 710.5M |
Revenue Growth
| Revenue Growth | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | 8.9% | 12.5% | |
| Avg | 5.6% | 8.8% | |
| Low | 1.3% | 4.1% |
EPS Forecast
| EPS | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | 3.67 | 5.33 | |
| Avg | 3.51 | 5.05 | |
| Low | 3.31 | 4.76 |
EPS Growth
| EPS Growth | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | -41.8% | 52.1% | |
| Avg | -44.3% | 44.0% | |
| Low | -47.4% | 35.6% |
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.