NASDAQ:FRME • US3208171096
View the latest analyst price targets, stock forecast, EPS estimates, revenue projections, revisions, full estimates, rating distribution and upgrades/downgrades for FIRST MERCHANTS CORP (FRME).
| Date | Firm | Action | From → To |
|---|---|---|---|
| 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 | 2024 | 2025 | 2026 | 2027 | ||
|---|---|---|---|---|---|---|
| Revenue YoY % growth | 651.002M 3.65% | 646.694M -0.66% | 662.947M 2.51% | 819.28M 23.58% | 867.67M 5.91% | |
| EBITDA YoY % growth | N/A | N/A | N/A | N/A | N/A | |
| EBIT YoY % growth | N/A -2.10% | N/A -6.96% | N/A 6.91% | 368.95M 19.12% | 398.52M 8.01% | |
| Operating Margin | N/A | N/A | N/A | 45.03% | 45.93% | |
| EPS YoY % growth | 3.91 -2.98% | 3.24 -17.14% | 3.88 19.75% | 4.23 9.14% | 4.62 9.20% |
All data in USD
| Q1 / 26 | Q2 / 26 | Q3 / 26 | Q4 / 26 | Q1 / 27 | Q2 / 27 | Q3 / 27 | Q4 / 27 | |
|---|---|---|---|---|---|---|---|---|
| EPS Q2Q % growth | 0.95 0.57% | 1.06 7.76% | 1.10 12.62% | 1.12 14.72% | 1.08 14.56% | 1.15 8.95% | 1.19 8.08% | 1.21 7.90% |
| Revenue Q2Q % growth | 192.2M 19.89% | 205.74M 25.21% | 209.8M 26.28% | 211.56M 22.88% | 208.77M 8.62% | 214.94M 4.47% | 219.58M 4.66% | 222.37M 5.11% |
| EBITDA Q2Q % growth | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| EBIT Q2Q % growth | 84.12M 9.44% | 92.343M 16.87% | 96.235M 21.15% | 96.355M 22.85% | 93.63M 11.31% | 98.57M 6.74% | 102.56M 6.57% | 103.48M 7.39% |
All data in USD
12 analysts have analysed FRME and the average price target is 47.12 USD. This implies a price increase of 16.76% is expected in the next year compared to the current price of 40.36.
FIRST MERCHANTS CORP (FRME) will report earnings on 2026-04-22, after the market close.
The consensus EPS estimate for the next earnings of FIRST MERCHANTS CORP (FRME) is 0.95 USD and the consensus revenue estimate is 192.20M USD.
The consensus rating for FIRST MERCHANTS CORP (FRME) is 78.3333 / 100 . This indicates that analysts generally have a positive outlook on the stock.