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Horizon Bancorp Inc
NASDAQ:HBNC

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Horizon Bancorp Inc Logo
Horizon Bancorp Inc
NASDAQ:HBNC
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Price: 12.62 USD 1.53% Market Closed
Updated: May 16, 2024

Wall Street
Price Targets

HBNC Price Targets Summary
Horizon Bancorp Inc

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

According to Wall Street analysts, the average 1-year price target for HBNC is 14.38 USD with a low forecast of 13.13 USD and a high forecast of 16.28 USD.

Lowest
Price Target
13.13 USD
4% Upside
Average
Price Target
14.38 USD
14% Upside
Highest
Price Target
16.28 USD
29% Upside

HBNC Last Price Targets
Horizon Bancorp Inc

The latest public price target was made on Apr 29, 2024 by Nathan Rave from Piper Sandler , who expects HBNC stock to rise by 3% 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 Rave
Piper Sandler
13 USD
Upside 3%
2 weeks ago
Apr 29, 2024
Horizon Bancorp (HBNC) PT Lowered to $13 at Piper Sandler
StreetInsider
Nathan Rave
Piper Sandler
Price Target 13 USD
Upside/Downside 3%
View Source
Horizon Bancorp Inc Competitors:
Price Targets
OPOF
Old Point Financial Corp
6% Upside
FMAO
Farmers & Merchants Bancorp Inc
5% Upside
FFIN
First Financial Bankshares Inc
2% Upside
7167
Mebuki Financial Group Inc
23% Downside
WABC
Westamerica Bancorp
15% Upside
AROW
Arrow Financial Corp
8% Upside
NBHC
National Bank Holdings Corp
11% Upside
OBT
Orange County Bancorp Inc
14% Upside

Revenue
Forecast

Revenue Estimate
Horizon Bancorp Inc

For the last 8 years the compound annual growth rate for Horizon Bancorp Inc's revenue is 8%. The projected CAGR for the next 2 years is 15%.

8%
Past Growth
15%
Estimated Growth
Estimates Accuracy
-4%
Average Miss

Net Income
Forecast

Net Income Estimate
Horizon Bancorp Inc

For the last 8 years the compound annual growth rate for Horizon Bancorp Inc's net income is 4%. The projected CAGR for the next 2 years is 57%.

4%
Past Growth
57%
Estimated Growth
Estimates Accuracy
-17%
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 HBNC's stock price target?
Price Target
14.38 USD

According to Wall Street analysts, the average 1-year price target for HBNC is 14.38 USD with a low forecast of 13.13 USD and a high forecast of 16.28 USD.

What is Horizon Bancorp Inc's Revenue forecast?
Projected CAGR
15%

For the last 8 years the compound annual growth rate for Horizon Bancorp Inc's revenue is 8%. The projected CAGR for the next 2 years is 15%.

What is Horizon Bancorp Inc's Net Income forecast?
Projected CAGR
57%

For the last 8 years the compound annual growth rate for Horizon Bancorp Inc's net income is 4%. The projected CAGR for the next 2 years is 57%.