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First Merchants Corp
NASDAQ:FRME

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First Merchants Corp
NASDAQ:FRME
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Price: 39.36 USD 0.72% Market Closed
Market Cap: $2.5B

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 47.74 USD with a low forecast of 43.43 USD and a high forecast of 52.5 USD.

Lowest
Price Target
43.43 USD
10% Upside
Average
Price Target
47.74 USD
21% Upside
Highest
Price Target
52.5 USD
33% Upside
First Merchants Corp Competitors:
Price Targets
MBOT
Microbot Medical Inc
176% Upside
CERT
Certara Inc
77% Upside
RBF
R&B Food Supply PCL
-3% Downside

Revenue
Forecast

9% / Year
Past Growth
14% / Year
Estimated Growth
Estimates Accuracy
-4%
Average Miss
9% / Year
Past Growth
14% / Year
Estimated Growth
Estimates Accuracy
-4%
Average Miss

For the last 14 years the compound annual growth rate for First Merchants Corp's revenue is 9%. The projected CAGR for the next 2 years is 14%.

Net Income
Forecast

26% / Year
Past Growth
15% / Year
Estimated Growth
Estimates Accuracy
-23%
Average Miss
26% / Year
Past Growth
15% / Year
Estimated Growth
Estimates Accuracy
-23%
Average Miss

For the last 14 years the compound annual growth rate for First Merchants Corp's net income is 26%. The projected CAGR for the next 2 years is 15%.

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
47.74 USD

According to Wall Street analysts, the average 1-year price target for FRME is 47.74 USD with a low forecast of 43.43 USD and a high forecast of 52.5 USD.

What is First Merchants Corp's Revenue forecast?
Projected CAGR
14%

For the last 14 years the compound annual growth rate for First Merchants Corp's revenue is 9%. The projected CAGR for the next 2 years is 14%.

What is First Merchants Corp's Net Income forecast?
Projected CAGR
15%

For the last 14 years the compound annual growth rate for First Merchants Corp's net income is 26%. The projected CAGR for the next 2 years is 15%.

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