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First Merchants Corp
NASDAQ:FRME

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First Merchants Corp
NASDAQ:FRME
Watchlist
Price: 34.19 USD 2.3% Market Closed
Updated: May 2, 2024

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 42.02 USD with a low forecast of 40.4 USD and a high forecast of 45.15 USD.

Lowest
Price Target
40.4 USD
18% Upside
Average
Price Target
42.02 USD
23% Upside
Highest
Price Target
45.15 USD
32% Upside

FRME Last Price Targets
First Merchants Corp

The latest public price target was made on Apr 29, 2024 by Nathan Race from Piper Sandler , who expects FRME stock to rise by 24% 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
42.5 USD
Upside 24%
3 days ago
Apr 29, 2024
First Merchants (FRME) PT Raised to $42.50 at Piper Sandler
StreetInsider
Nathan Race
Piper Sandler
Price Target 42.5 USD
Upside/Downside 24%
View Source
First Merchants Corp Competitors:
Price Targets
AURG
Aurskog Sparebank
5% Upside
CATY
Cathay General Bancorp
18% Upside
FUNC
First United Corp
11% Upside
PFC
Premier Financial Corp (OHIO)
23% Upside
BOQ
Bank of Queensland Ltd
11% Downside
PKBK
Parke Bancorp Inc
22% Downside
FFIC
Flushing Financial Corp
41% Upside
MORG
Sparebanken More
11% 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 2 years is 4%.

12%
Past Growth
4%
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 2 years is -2%.

16%
Past Growth
-2%
Estimated Growth
Estimates Accuracy
-14%
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
42.02 USD

According to Wall Street analysts, the average 1-year price target for FRME is 42.02 USD with a low forecast of 40.4 USD and a high forecast of 45.15 USD.

What is First Merchants Corp's Revenue forecast?
Projected CAGR
4%

For the last 8 years the compound annual growth rate for First Merchants Corp's revenue is 12%. The projected CAGR for the next 2 years is 4%.

What is First Merchants Corp's Net Income forecast?
Projected CAGR
-2%

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 2 years is -2%.