FARMERS & MERCHANTS BANCO/OH (FMAO) Forecast, Price Target & Analyst Ratings

Q: What do analysts expect the price target to be for FARMERS & MERCHANTS BANCO/OH (FMAO)?

8 analysts have analysed FMAO and the average price target is 29.75 USD. This implies a price increase of 9.17% is expected in the next year compared to the current price of 27.25.

NASDAQ:FMAO • US30779N1054

27.25 USD

+0.47 (+1.76%)

At close: May 1, 2026

27.25 USD

0 (0%)

After Hours: 5/1/2026, 8:00:01 PM

View the latest analyst price targets, stock forecast, EPS estimates, revenue projections, revisions, full estimates, rating distribution and upgrades/downgrades for FARMERS & MERCHANTS BANCO/OH (FMAO).

Consensus Price Target

Price Target

$29.75

+ 9.17% Upside

→ Price target details

Next Earnings Forecast

Earnings Estimate

Release Date: Jul 15, 2026
Period: Q2 / 2026
EPS Estimate: $0.69
Revenue Estimate: 28.815M

→ Full earnings forecast details

ChartMill Buy Consensus

Rating

47.50%

Weighted Analyst Rating Score

→ Analyst Ratings details

Price Target Details & History

Consensus Price Target and Range

Mean target

$29.75

Upside

+ 9.17%

From current price of $27.25 to mean target of $29.75, Based on 8 analyst forecasts

Low

$28.79

Median

$29.58

High

$31.50

Price Target Revisions

1 Month

1.75%

3 Months

7.41%

Price Target Summary

8 Wall Street analysts provided a forecast for the next 12 months for FMAO. The average price target is 29.75 USD. This implies a price increase of 9.17% is expected in the next year compared to the current price of 27.25.

The average price target has been revised upward by 7.41% in the past 3 months.

→ Find peer stocks trading 30% below analyst price target

Analyst Ratings & History

Current Analyst Ratings

Analyst Ratings History

Analyst Ratings Consensus

ChartMill Buy Consensus

47.50%

FMAO was analyzed by 8 analysts. The buy percentage consensus is at 48. So analysts seem to be rather neutral about FMAO.

In the previous month the buy percentage consensus was at a similar level.

FMAO was analyzed by 8 analysts. More opinions would make the average more meaningful.

→ Find peer stocks with a buy consensus above 85%

Recent Upgrades & Downgrades

Date	Firm	Action	From → To
2026-04-27	Piper Sandler	Maintains	Neutral -> Neutral
2026-04-02	Piper Sandler	Maintains	Neutral -> Neutral
2024-08-05	Piper Sandler	Maintains	Neutral -> Neutral
2024-04-05	Hovde Group	Initiate	Market Perform
2023-08-01	Stephens & Co.	Reiterate	Equal-Weight -> Equal-Weight
2023-07-28	Piper Sandler	Downgrade	Neutral -> Underweight
2023-02-09	Stephens & Co.	Maintains	Equal-Weight
2022-12-21	Janney Montgomery Scott	Initiate	Neutral
2022-10-24	Stephens & Co.	Maintains	Equal-Weight
2022-10-21	Piper Sandler	Upgrade	Underweight -> Neutral
2022-04-22	Piper Sandler	Downgrade	Neutral -> Underweight

Next Earnings Forecast Details

Next Earnings Details

Release Date: Jul 15, 2026
Period: Q2 / 2026
EPS Estimate: $0.69
Revenue Estimate: 28.815M
Revenue Q2Q: 12.07%
EPS Q2Q: 23.43%
Number of Analysts: 5

Next Earnings Revisions

Revenue (1 Month)

-6.00%

Revenue (3 Months)

-5.79%

EPS (1 Month)

3.55%

EPS (3 Months)

10.27%

Next Earnings Summary

FMAO is expected to report earnings on 7/15/2026. The consensus EPS estimate for the next earnings is 0.69 USD and the consensus revenue estimate is 28.82M USD.

The next earnings revenue estimate has been revised downward by 5.79% in the past 3 months. Downward revisions are a negative sign and indicate that analysts are more pessimistic about the next earnings compared to 3 months ago.

→ Find peers expecting at least 20% revenue growth next quarter

Full Analyst Estimates 2026 - 2027

Yearly Earnings Per Share (EPS), Revenue, EBIT, EBITDA and Operating Margin Analyst Estimates

	2023	2024	2025	2026	2027
Revenue YoY % growth	97.437M -4.75%	101.533M 4.20%	121.427M 19.59%	117.61M -3.14%	124.9M 6.20%
EBITDA YoY % growth	N/A	N/A	N/A	N/A	N/A
EBIT YoY % growth	N/A -41.18%	N/A 4.24%	N/A 38.06%	46.418M 9.04%	48.96M 5.48%
Operating Margin	N/A	N/A	N/A	39.47%	39.20%
EPS YoY % growth	1.67 -32.11%	1.90 13.77%	2.42 27.37%	2.85 17.82%	3.02 5.89%

All data in USD

Quarterly Earnings Per Share (EPS), Revenue, EBIT and EBITDA Analyst Estimates

	Q2 / 26	Q3 / 26	Q4 / 26	Q1 / 27	Q2 / 27	Q3 / 27	Q4 / 27
EPS Q2Q % growth	0.69 23.43%	0.72 12.68%	0.74 3.92%	0.73 2.00%	0.74 7.72%	0.76 6.04%	0.78 5.12%
Revenue Q2Q % growth	28.815M 12.07%	29.631M 10.15%	30.141M 8.53%	30.549M 11.31%	31.008M 7.61%	31.416M 6.02%	31.926M 5.92%
EBITDA Q2Q % growth	N/A	N/A	N/A	N/A	N/A	N/A	N/A
EBIT Q2Q % growth	12.903M 54.88%	13.515M 22.63%	13.974M 19.84%	14.076M 9.96%	14.127M 9.49%	14.382M 6.42%	14.586M 4.38%

All data in USD

Yearly Earnings Per Share (EPS) and Revenue Trends vs Historical Data

Long Term Forward Growth Forecast Summary

Long Term EPS Growth (CAGR)

EPS Next 3 Year

N/A

EPS Next 5 Year

N/A

Long Term Revenue Growth (CAGR)

Revenue Next 3 Year

N/A

Revenue Next 5 Year

N/A

Long Term EBIT Growth (CAGR)

EBIT Next 3 Year

N/A

EBIT Next 5 Year

N/A

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FARMERS & MERCHANTS BANCO/OH / FMAO Forecast FAQ

What do analysts expect the price target to be for FARMERS & MERCHANTS BANCO/OH (FMAO)?

8 analysts have analysed FMAO and the average price target is 29.75 USD. This implies a price increase of 9.17% is expected in the next year compared to the current price of 27.25.

What is the next earnings date for FMAO stock?

FARMERS & MERCHANTS BANCO/OH (FMAO) will report earnings on 2026-07-15.

What are the consensus estimates for FMAO stock next earnings?

The consensus EPS estimate for the next earnings of FARMERS & MERCHANTS BANCO/OH (FMAO) is 0.69 USD and the consensus revenue estimate is 28.82M USD.

Analyst forecast overview

Forecast Snapshot