First Merchants Corporation (FRME)
NASDAQ: FRME · Real-Time Price · USD
39.28
-0.06 (-0.15%)
May 14, 2025, 3:27 PM - Market open
First Merchants Stock Forecast
Stock Price Forecast
The 4 analysts with 12-month price forecasts for First Merchants stock have an average target of 45.5, with a low estimate of 38 and a high estimate of 49. The average target predicts an increase of 15.84% from the current stock price of 39.28.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for First Merchants stock from 4 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 '24 | Jan '25 | Feb '25 | Mar '25 | Apr '25 | May '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 4 | 4 | 4 | 4 | 4 | 3 |
| Hold | 1 | 1 | 1 | 1 | 1 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 5 | 5 | 5 | 5 | 5 | 4 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Piper Sandler | Piper Sandler | Buy Maintains $55 → $49 | Buy | Maintains | $55 → $49 | +24.75% | Apr 28, 2025 |
| Keefe, Bruyette & Woods | Keefe, Bruyette & Woods | Buy Maintains $52 → $49 | Buy | Maintains | $52 → $49 | +24.75% | Apr 25, 2025 |
| Raymond James | Raymond James | Buy Maintains $50 → $46 | Buy | Maintains | $50 → $46 | +17.11% | Apr 2, 2025 |
| Keefe, Bruyette & Woods | Keefe, Bruyette & Woods | Buy Maintains $50 → $52 | Buy | Maintains | $50 → $52 | +32.38% | Jan 31, 2025 |
| Raymond James | Raymond James | Buy Reiterates $42 → $50 | Buy | Reiterates | $42 → $50 | +27.29% | Jan 31, 2025 |
Financial Forecast
Revenue This Year
703.51M
from 610.99M
Increased by 15.14%
Revenue Next Year
738.91M
from 703.51M
Increased by 5.03%
EPS This Year
3.95
from 3.41
Increased by 15.96%
EPS Next Year
4.18
from 3.95
Increased by 5.59%
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.
Revenue Forecast
| Revenue | 2025 | 2026 |
|---|---|---|
| High | 727.3M | 773.0M |
| Avg | 703.5M | 738.9M |
| Low | 672.3M | 702.7M |
Revenue Growth
| Revenue Growth | 2025 | 2026 |
|---|---|---|
| High | 19.0% | 9.9% |
| Avg | 15.1% | 5.0% |
| Low | 10.0% | -0.1% |
EPS Forecast
| EPS | 2025 | 2026 |
|---|---|---|
| High | 4.15 | 4.57 |
| Avg | 3.95 | 4.18 |
| Low | 3.75 | 3.88 |
EPS Growth
| EPS Growth | 2025 | 2026 |
|---|---|---|
| High | 21.6% | 15.5% |
| Avg | 16.0% | 5.6% |
| Low | 10.1% | -1.9% |
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.