FIRST MERCHANTS CORP (FRME) Stock Analyst Ratings
NASDAQ:FRME • US3208171096
39.08 USD
-1.97 (-4.8%)
At close: Feb 27, 2026
39.08 USD
0 (0%)
After Hours: 2/27/2026, 8:05:27 PM
ChartMill assigns a Buy % Consensus number of 78% to FRME. The Buy consensus is the weighted average rating of the current analysts ratings.
- Analysts have set a mean price target forecast of 47.74. This target is 22.15% above the current price.
- FRME was analyzed by 11 analysts. The buy percentage consensus is at 78. So analysts seem to be have mildly positive about FRME.
- In the previous month the buy percentage consensus was at a similar level.
- FRME was analyzed by 11 analysts, which is quite many. So the average rating should be quite meaningful.
Price Target & Forecast
| Date | Firm | Action | Rating |
|---|---|---|---|
| 2026-02-04 | Piper Sandler | Maintains | Overweight -> Overweight |
| 2025-10-27 | Piper Sandler | Maintains | Overweight -> Overweight |
| 2025-09-29 | Stephens & Co. | Reiterate | Equal-Weight -> Equal-Weight |
| 2025-09-26 | Keefe, Bruyette & Woods | Maintains | Outperform -> Outperform |
| 2025-09-26 | Raymond James | Downgrade | Outperform -> Market Perform |
| 2025-07-28 | Piper Sandler | Maintains | Overweight -> Overweight |
| 2025-04-28 | Piper Sandler | Maintains | Overweight -> Overweight |
| 2025-04-25 | Keefe, Bruyette & Woods | Maintains | Outperform -> Outperform |
| 2025-04-02 | Raymond James | Maintains | Outperform -> Outperform |
| 2025-01-31 | Keefe, Bruyette & Woods | Maintains | Outperform -> Outperform |
| 2025-01-31 | Raymond James | Reiterate | Outperform -> Outperform |
| 2025-01-31 | Piper Sandler | Reiterate | Overweight -> Overweight |
| 2024-12-04 | Keefe, Bruyette & Woods | Maintains | Outperform -> Outperform |
| 2024-10-28 | Piper Sandler | Maintains | Overweight -> Overweight |
| 2024-08-28 | Keefe, Bruyette & Woods | Maintains | Outperform -> Outperform |
| 2024-07-29 | Keefe, Bruyette & Woods | Reiterate | Outperform -> Outperform |
| 2024-07-29 | Piper Sandler | Maintains | Overweight -> Overweight |
| 2024-07-26 | Stephens & Co. | Maintains | Overweight -> Overweight |
| 2024-04-29 | Piper Sandler | Maintains | Overweight -> Overweight |
| 2024-01-29 | Raymond James | Maintains | Outperform -> Outperform |
| 2023-10-30 | Raymond James | Maintains | Outperform -> Outperform |
| 2023-10-30 | Piper Sandler | Maintains | Overweight -> Overweight |
| 2023-07-27 | Raymond James | Maintains | Outperform -> Outperform |
| 2023-07-26 | Stephens & Co. | Reiterate | Overweight -> Overweight |
| 2023-04-26 | Raymond James | Maintains | Outperform |
| 2023-04-06 | Raymond James | Maintains | Outperform |
| 2023-02-21 | Raymond James | Downgrade | Strong Buy -> Outperform |
| 2023-01-30 | Raymond James | Maintains | Strong Buy |
| 2022-10-26 | Raymond James | Maintains | Strong Buy |
| 2022-07-07 | Raymond James | Upgrade | Outperform -> Strong Buy |
FIRST MERCHANTS CORP / FRME FAQ
What do analysts expect the price target to be for FIRST MERCHANTS CORP (FRME)?
11 analysts have analysed FRME and the average price target is 47.74 USD. This implies a price increase of 22.15% is expected in the next year compared to the current price of 39.08.
What is the consensus rating for FRME stock?
The consensus rating for FIRST MERCHANTS CORP (FRME) is 78.1818 / 100 . This indicates that analysts generally have a positive outlook on the stock.