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 29.24 USD. This implies a price increase of 12.98% is expected in the next year compared to the current price of 25.88.

NASDAQ:FMAO • US30779N1054

25.88 USD

-0.07 (-0.27%)

At close: Apr 2, 2026

25.88 USD

0 (0%)

After Hours: 4/2/2026, 8:25:41 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

$29.24

+ 12.98% Upside

→ Price target details

Next Earnings Forecast

Earnings Estimate

Release Date: Apr 22, 2026
Period: Q1 / 2026
EPS Estimate: $0.69
Revenue Estimate: 30.845M

→ 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

$29.24

Upside

+ 12.98%

From current price of $25.88 to mean target of $29.24, Based on 8 analyst forecasts

Low

$26.26

Median

$29.58

High

$32.55

Price Target Revisions

1 Month

0.58%

3 Months

6.17%

Price Target Summary

8 Wall Street analysts provided a forecast for the next 12 months for FMAO. The average price target is 29.24 USD. This implies a price increase of 12.98% is expected in the next year compared to the current price of 25.88.

The average price target has been revised upward by 6.17% 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
2026-04-02	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: Apr 22, 2026
Period: Q1 / 2026
EPS Estimate: $0.69
Revenue Estimate: 30.845M
Revenue Q2Q: 29.01%
EPS Q2Q: 36.00%
Number of Analysts: 5

Next Earnings Revisions

Revenue (1 Month)

0.00%

Revenue (3 Months)

0.22%

EPS (1 Month)

2.60%

EPS (3 Months)

6.49%

Next Earnings Summary

FMAO is expected to report earnings on 4/22/2026. The consensus EPS estimate for the next earnings is 0.69 USD and the consensus revenue estimate is 30.84M USD.

The next earnings revenue estimate has been revised upward by 0.22% in the past 3 months.

→ 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%	126.85M 4.47%	134.43M 5.98%
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	36.59%	36.42%
EPS YoY % growth	1.67 -32.11%	1.90 13.77%	2.42 27.37%	2.76 14.22%	2.93 5.90%

All data in USD

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

	Q1 / 26	Q2 / 26	Q3 / 26	Q4 / 26	Q1 / 27	Q2 / 27	Q3 / 27	Q4 / 27
EPS Q2Q % growth	0.69 36.00%	0.69 23.86%	0.72 12.68%	0.74 4.39%	0.70 0.49%	0.73 5.88%	0.76 5.14%	0.77 3.67%
Revenue Q2Q % growth	30.845M 29.01%	31.467M 22.39%	32.038M 19.10%	32.497M 17.02%	32.268M 4.61%	32.859M 4.42%	33.466M 4.46%	33.992M 4.60%
EBITDA Q2Q % growth	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
EBIT Q2Q % growth	11.948M 57.79%	12.204M 46.49%	12.78M 15.96%	13.106M 12.39%	11.628M -2.68%	12.24M 0.29%	12.546M -1.83%	12.546M -4.27%

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 29.24 USD. This implies a price increase of 12.98% is expected in the next year compared to the current price of 25.88.

What is the next earnings date for FMAO stock?

FARMERS & MERCHANTS BANCO/OH (FMAO) will report earnings on 2026-04-22.

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 30.84M USD.

Analyst forecast overview

Forecast Snapshot