First Merchants Corp
NASDAQ:FRME

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First Merchants Corp
NASDAQ:FRME
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Price: 40.64 USD -0.56%
Market Cap: 2.4B USD
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Wall Street
Price Targets

FRME Price Targets Summary
First Merchants Corp

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

According to Wall Street analysts, the average 1-year price target for FRME is 46.92 USD with a low forecast of 41.41 USD and a high forecast of 54.6 USD.

Lowest
Price Target
41.41 USD
2% Upside
Average
Price Target
46.92 USD
15% Upside
Highest
Price Target
54.6 USD
34% 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 16% 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 16%
1 month ago
Oct 28, 2024
First Merchants (FRME) PT Lowered to $47 at Piper Sandler
StreetInsider
Nathan Race
Piper Sandler
50 USD
Upside 23%
4 months ago
Jul 29, 2024
First Merchants (FRME) PT Raised to $50 at Piper Sandler
StreetInsider
Terry McEvoy
Stephens
45 USD
Upside 11%
5 months ago
Jul 26, 2024
First Merchants (FRME) PT Raised to $45 at Stephens
StreetInsider
Nathan Race
Piper Sandler
42.5 USD
Upside 5%
7 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 16%
View Source
Nathan Race
Piper Sandler
Price Target 50 USD
Upside/Downside 23%
View Source
Terry McEvoy
Stephens
Price Target 45 USD
Upside/Downside 11%
View Source
Nathan Race
Piper Sandler
Price Target 42.5 USD
Upside/Downside 5%
View Source
First Merchants Corp Competitors:
Price Targets
FLIC
First of Long Island Corp
26% Upside
FULT
Fulton Financial Corp
17% Upside
AROW
Arrow Financial Corp
23% Upside
MCBS
Metrocity Bankshares Inc
13% Upside
UBSI
United Bankshares Inc
13% Upside
WAL
Western Alliance Bancorp
25% Upside
COLB
Columbia Banking System Inc
24% Upside
UBCP
United Bancorp Inc
55% 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
46.92 USD

According to Wall Street analysts, the average 1-year price target for FRME is 46.92 USD with a low forecast of 41.41 USD and a high forecast of 54.6 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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