First Merchants Corp
NASDAQ:FRME

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First Merchants Corp
NASDAQ:FRME
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Price: 44.05 USD 1.5% Market Closed
Market Cap: 2.6B USD
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Wall Street
Price Targets

FRME Price Targets Summary
First Merchants Corp

Wall Street analysts forecast FRME stock price to drop over the next 12 months.

According to Wall Street analysts, the average 1-year price target for FRME is 42.84 USD with a low forecast of 38.38 USD and a high forecast of 49.35 USD.

Lowest
Price Target
38.38 USD
13% Downside
Average
Price Target
42.84 USD
3% Downside
Highest
Price Target
49.35 USD
12% Upside

FRME Last Price Targets
First Merchants Corp

The latest public price target was made on Oct 28, 2024 by Nathan Race from Piper Sandler , who expects FRME stock to rise by 7% over the next 12 months. You can read more about this price target by viewing the article on StreetInsider.

Analyst Price Target Date Article
Nathan Race
Piper Sandler
47 USD
Upside 7%
3 weeks ago
Oct 28, 2024
First Merchants (FRME) PT Lowered to $47 at Piper Sandler
StreetInsider
Nathan Race
Piper Sandler
50 USD
Upside 14%
3 months ago
Jul 29, 2024
First Merchants (FRME) PT Raised to $50 at Piper Sandler
StreetInsider
Terry McEvoy
Stephens
45 USD
Upside 2%
3 months ago
Jul 26, 2024
First Merchants (FRME) PT Raised to $45 at Stephens
StreetInsider
Nathan Race
Piper Sandler
42.5 USD
Downside 4%
6 months ago
Apr 29, 2024
First Merchants (FRME) PT Raised to $42.50 at Piper Sandler
StreetInsider
Nathan Race
Piper Sandler
Price Target 47 USD
Upside/Downside 7%
View Source
Nathan Race
Piper Sandler
Price Target 50 USD
Upside/Downside 14%
View Source
Terry McEvoy
Stephens
Price Target 45 USD
Upside/Downside 2%
View Source
Nathan Race
Piper Sandler
Price Target 42.5 USD
Upside/Downside 4%
View Source
First Merchants Corp Competitors:
Price Targets
BOKF
BOK Financial Corp
0% Upside
CCBG
Capital City Bank Group Inc
1% Downside
MNSB
MainStreet Bancshares Inc
12% Upside
STBA
S&T Bancorp Inc
4% Downside
GSBC
Great Southern Bancorp Inc
1% Downside
MORG
Sparebanken More
0% Upside
SADG
Sandnes Sparebank
12% Upside
INBK
First Internet Bancorp
1% Upside

Revenue
Forecast

Revenue Estimate
First Merchants Corp

For the last 8 years the compound annual growth rate for First Merchants Corp's revenue is 12%. The projected CAGR for the next 3 years is 3%.

12%
Past Growth
3%
Estimated Growth
Estimates Accuracy
-5%
Average Miss

Net Income
Forecast

Net Income Estimate
First Merchants Corp

For the last 8 years the compound annual growth rate for First Merchants Corp's net income is 16%. The projected CAGR for the next 3 years is 0%.

16%
Past Growth
0%
Estimated Growth
Estimates Accuracy
-13%
Average Miss

See Also

Discover More
Why do you have more estimates than other sites?

Our estimates are sourced from the pool of sell-side and buy-side analysts that we have access to. What is available on other sites you are seeing are mostly from the sell-side analysts.

What is FRME's stock price target?
Price Target
42.84 USD

According to Wall Street analysts, the average 1-year price target for FRME is 42.84 USD with a low forecast of 38.38 USD and a high forecast of 49.35 USD.

What is First Merchants Corp's Revenue forecast?
Projected CAGR
3%

For the last 8 years the compound annual growth rate for First Merchants Corp's revenue is 12%. The projected CAGR for the next 3 years is 3%.

What is First Merchants Corp's Net Income forecast?
Projected CAGR
0%

For the last 8 years the compound annual growth rate for First Merchants Corp's net income is 16%. The projected CAGR for the next 3 years is 0%.

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