HORIZON BANCORP INC/IN (HBNC) Forecast, Price Target & Analyst Ratings
NASDAQ:HBNC • US4404071049
15.88 USD
-0.41 (-2.52%)
Last: Mar 9, 2026, 12:20 PM
View the latest analyst price targets, stock forecast, EPS estimates, revenue projections, revisions, full estimates, rating distribution and upgrades/downgrades for HORIZON BANCORP INC/IN (HBNC).
Forecast Snapshot
Consensus Price Target
$21.62
+ 36.17% Upside
Next Earnings Forecast
Release DateApr 21, 2026
PeriodQ1 / 2026
EPS Estimate$0.49
Revenue Estimate75.335M
ChartMill Buy Consensus
80.00%
Weighted Analyst Rating Score
Price Target Details & History
Consensus Price Target and Range
Mean target
$21.62
Upside
+ 36.17%
From current price of $15.88 to mean target of $21.62, Based on 12 analyst forecasts
Low
$20.20
Median
$21.42
High
$23.10
Price Target Revisions
1 Month
-0.24%
3 Months
8.16%
Price Target Summary
12 analysts have analysed HBNC and the average price target is 21.62 USD. This implies a price increase of 36.17% is expected in the next year compared to the current price of 15.88.
The average price target has been revised upward by 8.16% in the past 3 months.
Analyst Ratings & History
Current Analyst Ratings
Analyst Ratings History
Analyst Ratings Consensus
ChartMill Buy Consensus
80.00%
HBNC was analyzed by 12 analysts. The buy percentage consensus is at 80. So analysts seem to be have mildly positive about HBNC.
In the previous month the buy percentage consensus was at a similar level.
HBNC was analyzed by 12 analysts, which is quite many. So the average rating should be quite meaningful.
Recent Upgrades & Downgrades
| Date | Firm | Action | From → To |
|---|---|---|---|
| 2026-01-23 | Keefe, Bruyette & Woods | Maintains | Outperform -> Outperform |
| 2025-09-02 | Stephens & Co. | Maintains | Overweight -> Overweight |
| 2025-08-26 | Keefe, Bruyette & Woods | Upgrade | Market Perform -> Outperform |
| 2025-07-28 | Piper Sandler | Maintains | Neutral -> Neutral |
| 2025-07-25 | Keefe, Bruyette & Woods | Maintains | Market Perform -> Market Perform |
| 2025-04-28 | Piper Sandler | Maintains | Neutral -> Neutral |
| 2025-04-25 | Keefe, Bruyette & Woods | Maintains | Market Perform -> Market Perform |
| 2025-01-27 | Piper Sandler | Maintains | Neutral -> Neutral |
| 2024-12-04 | Keefe, Bruyette & Woods | Maintains | Market Perform -> Market Perform |
| 2024-09-30 | Hovde Group | Initiate | Outperform |
| 2024-07-29 | Keefe, Bruyette & Woods | Maintains | Market Perform -> Market Perform |
| 2024-07-29 | Piper Sandler | Maintains | Neutral -> Neutral |
| 2024-04-29 | Piper Sandler | Maintains | Neutral -> Neutral |
| 2023-12-13 | Stephens & Co. | Reiterate | Overweight -> Overweight |
| 2023-12-13 | Piper Sandler | Maintains | Neutral -> Neutral |
| 2023-10-30 | Piper Sandler | Maintains | Neutral -> Neutral |
| 2023-07-31 | Piper Sandler | Maintains | Neutral -> Neutral |
| 2023-07-06 | Raymond James | Downgrade | Outperform -> Market Perform |
| 2023-04-27 | Stephens & Co. | Reiterate | Overweight |
| 2023-04-06 | Raymond James | Maintains | Outperform |
| 2023-02-22 | Piper Sandler | Downgrade | Overweight -> Neutral |
| 2023-01-27 | Raymond James | Maintains | Outperform |
| 2022-10-31 | Stephens & Co. | Maintains | Overweight |
| 2022-10-28 | Keefe, Bruyette & Woods | Downgrade | Outperform -> Market Perform |
| 2022-10-28 | Raymond James | Maintains | Outperform |
Next Earnings Forecast Details
Next Earnings Details
Release DateApr 21, 2026
PeriodQ1 / 2026
EPS Estimate$0.49
Revenue Estimate75.335M
Revenue Q2Q9.55%
EPS Q2Q-12.51%
Number of Analysts8
Next Earnings Revisions
Revenue (1 Month)
0.00%
Revenue (3 Months)
0.00%
EPS (1 Month)
0.00%
EPS (3 Months)
0.00%
Next Earnings Summary
HBNC is expected to report earnings on 4/21/2026. The consensus EPS estimate for the next earnings is 0.49 USD and the consensus revenue estimate is 75.33M USD.
The next earnings revenue estimate has been revised downward by 0% in the past 3 months.
Full Analyst Estimates
Yearly Earnings Per Share (EPS), Revenue, EBIT, EBITDA and Operating Margin Analyst Estimates
| 2023 | 2024 | 2025 | 2026 | 2027 | ||
|---|---|---|---|---|---|---|
| Revenue YoY % growth | 187.742M -23.99% | 191.575M 2.04% | -26.969M -114.08% | 312.63M 1,259.22% | 328.23M 4.99% | |
| EBITDA YoY % growth | N/A | N/A | N/A | N/A | N/A | |
| EBIT YoY % growth | N/A -29.80% | N/A 1.19% | N/A 58.13% | 143.22M 17.35% | 152.08M 6.19% | |
| Operating Margin | N/A | N/A | N/A | 45.81% | 46.33% | |
| EPS YoY % growth | 1.55 -27.57% | 1.70 9.68% | 3.46 103.53% | 2.09 -39.59% | 2.23 6.90% |
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 | 0.49 -12.51% | 0.51 9.02% | 0.53 -72.13% | 0.53 0.65% | 0.51 4.44% | 0.53 3.98% | 0.56 5.42% | 0.56 4.84% |
| Revenue Q2Q % growth | 75.335M 9.55% | 77.451M 16.86% | 77.237M 24.21% | 77.851M 3.88% | 78.36M 4.02% | 80.478M 3.91% | 82.345M 6.61% | 83.236M 6.92% |
| EBITDA Q2Q % growth | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| EBIT Q2Q % growth | 33.471M 36.06% | 35.196M 30.89% | 35.49M 18.86% | 35.696M 5.79% | 35.905M 7.27% | 37.49M 6.52% | 38.624M 8.83% | 38.741M 8.53% |
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
HORIZON BANCORP INC/IN / HBNC Forecast FAQ
What is the price target for HBNC stock?
12 analysts have analysed HBNC and the average price target is 21.62 USD. This implies a price increase of 36.17% is expected in the next year compared to the current price of 15.88.
When does HORIZON BANCORP INC/IN (HBNC) report earnings?
HORIZON BANCORP INC/IN (HBNC) will report earnings on 2026-04-21.
What are the consensus estimates for HBNC stock next earnings?
The consensus EPS estimate for the next earnings of HORIZON BANCORP INC/IN (HBNC) is 0.49 USD and the consensus revenue estimate is 75.33M USD.
What is the consensus rating for HBNC stock?
The consensus rating for HORIZON BANCORP INC/IN (HBNC) is 80 / 100 . This indicates that analysts generally have a positive outlook on the stock.