INDEPENDENT BANK CORP/MA (INDB) Forecast, Price Target & Analyst Ratings

NASDAQ:INDB • US4538361084

Current stock price

73.71 USD
-0.71 (-0.95%)
At close:
73.71 USD
0 (0%)
After Hours:

Analyst forecast overview

View the latest analyst price targets, stock forecast, EPS estimates, revenue projections, revisions, full estimates, rating distribution and upgrades/downgrades for INDEPENDENT BANK CORP/MA (INDB).

Forecast Snapshot

Consensus Price Target

Price Target
$91.80
+ 24.54% Upside
→ Price target details

Next Earnings Forecast

Earnings Estimate
Release Date
Apr 15, 2026
Period
Q1 / 2026
EPS Estimate
$1.70
Revenue Estimate
254.88M
→ Full earnings forecast details

ChartMill Buy Consensus

Rating
78.18%
Weighted Analyst Rating Score
→ Analyst Ratings details

Price Target Details & History

Consensus Price Target and Range

Mean target
$91.80
Upside
+ 24.54%
From current price of $73.71 to mean target of $91.80, Based on 11 analyst forecasts
Low
$80.80
Median
$95.88
High
$100.80

Price Target Revisions

1 Month
0.00%
3 Months
8.11%

Price Target Summary

11 Wall Street analysts provided a forecast for the next 12 months for INDB. The average price target is 91.8 USD. This implies a price increase of 24.54% is expected in the next year compared to the current price of 73.71.
The average price target has been revised upward by 8.11% in the past 3 months.
→ Find peer stocks trading 30% below analyst price target

Analyst Ratings & History

Current Analyst Ratings

INDB Current Analyst RatingINDB Current Analyst Buy, Sell and Hold Ratings.Current Analyst Rating Strong Buy Buy Hold Sell Strong Sell 1 2 3 4

Analyst Ratings History

INDB Historical Analyst RatingsINDB Historical Analyst Buy, Sell and Hold Ratings and number of analysts.Historical Monthly Analyst Rating -19 -17 -15 -13 -11 -9 -7 -5 -3 -1 2 4 6 8 10

Analyst Ratings Consensus

ChartMill Buy Consensus
78.18%
INDB was analyzed by 11 analysts. The buy percentage consensus is at 78. So analysts seem to be have mildly positive about INDB.
In the previous month the buy percentage consensus was at a similar level.
INDB was analyzed by 11 analysts, which should be a sufficient number of analysts to have a meaningful average consensus rating.
→ Find peer stocks with a buy consensus above 85%

Recent Upgrades & Downgrades

DateFirmActionFrom → To
2025-12-17BarclaysInitiate Equal-Weight
2025-10-21Keefe, Bruyette & WoodsUpgrade Market Perform -> Outperform
2025-04-21Keefe, Bruyette & WoodsMaintains Market Perform -> Market Perform
2025-04-21Piper SandlerMaintains Neutral -> Neutral
2025-01-21Keefe, Bruyette & WoodsMaintains Market Perform -> Market Perform
2025-01-21Raymond JamesReiterate Strong Buy -> Strong Buy
2024-12-12Keefe, Bruyette & WoodsMaintains Market Perform -> Market Perform
2024-12-04Keefe, Bruyette & WoodsMaintains Market Perform -> Market Perform
2024-10-21Keefe, Bruyette & WoodsMaintains Market Perform -> Market Perform
2024-10-21Raymond JamesUpgrade Market Perform -> Strong Buy
2024-07-22Seaport GlobalUpgrade Neutral -> Buy
2024-04-22Keefe, Bruyette & WoodsMaintains Market Perform -> Market Perform
2024-01-22Keefe, Bruyette & WoodsMaintains Market Perform -> Market Perform
2023-10-23Seaport GlobalUpgrade Sell -> Neutral
2023-09-12Seaport GlobalInitiate Sell
2023-04-25Keefe, Bruyette & WoodsMaintains Market Perform
2023-04-06Keefe, Bruyette & WoodsMaintains Market Perform
2022-12-21Raymond JamesInitiate Market Perform
2022-12-13Keefe, Bruyette & WoodsDowngrade Outperform -> Market Perform
2021-10-25Piper SandlerDowngrade Overweight -> Neutral
2021-04-26Seaport GlobalUpgrade Neutral -> Buy

Next Earnings Forecast Details

Next Earnings Details

Release Date
Apr 15, 2026
Period
Q1 / 2026
EPS Estimate
$1.70
Revenue Estimate
254.88M
Revenue Q2Q
43.16%
EPS Q2Q
60.31%
Number of Analysts
7

Next Earnings Revisions

Revenue (1 Month)
0.00%
Revenue (3 Months)
0.00%
EPS (1 Month)
0.00%
EPS (3 Months)
-0.36%

Next Earnings Summary

INDB is expected to report earnings on 4/15/2026. The consensus EPS estimate for the next earnings is 1.7 USD and the consensus revenue estimate is 254.88M USD.
The next earnings revenue estimate has been revised downward by 0% in the past 3 months.
→ Find peers expecting at least 20% revenue growth next quarter

Full Analyst Estimates

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

2023 2024 2025 2026 2027
Revenue
YoY % growth
INDB revenue by date.INDB revenue by date.
731.13M
0.44%		689.743M
-5.66%		857.52M
24.32%		1.06B
23.61%		1.122B
5.85%
EBITDA
YoY % growth
INDB ebitda by date.INDB ebitda by date.
N/AN/AN/AN/AN/A
EBIT
YoY % growth
INDB ebit by date.INDB ebit by date.
N/A
-2.67%		N/A
-16.17%		N/A
15.53%		487.89M
42.74%		538.37M
10.35%
Operating Margin
INDB operating margin by date.INDB operating margin by date.
N/AN/AN/A46.03%47.98%
EPS
YoY % growth
INDB eps by date.INDB eps by date.
5.42
-6.71%		4.55
-16.05%		5.56
22.20%		7.42
33.52%		8.46
14.01%

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		1.70
60.31%		1.81
45.08%		1.91
23.33%		1.99
17.24%		1.97
16.00%		2.07
14.03%		2.15
12.58%		2.18
9.39%
Revenue
Q2Q % growth		254.88M
43.16%		259.36M
42.66%		266.64M
9.39%		271.68M
6.99%		N/AN/AN/AN/A
EBITDA
Q2Q % growth		N/AN/AN/AN/AN/AN/AN/AN/A
EBIT
Q2Q % growth		113.02M
55.85%		120.05M
60.26%		127.79M
174.31%		132.54M
19.27%		126.98M
12.35%		132.82M
10.64%		137.75M
7.79%		140.06M
5.67%

All data in USD

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

INDB Yearly Revenue VS EstimatesINDB Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 200M 400M 600M 800M 1B
INDB Yearly EPS VS EstimatesINDB Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2 4 6 8

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
→ Find peers expecting at least 20% CAGR revenue growth over the next 3 years

INDEPENDENT BANK CORP/MA / INDB Forecast FAQ

What do analysts expect the price target to be for INDEPENDENT BANK CORP/MA (INDB)?

11 analysts have analysed INDB and the average price target is 91.8 USD. This implies a price increase of 24.54% is expected in the next year compared to the current price of 73.71.

What is the next earnings date for INDB stock?

INDEPENDENT BANK CORP/MA (INDB) will report earnings on 2026-04-15.

What are the consensus estimates for INDEPENDENT BANK CORP/MA (INDB) next earnings?

The consensus EPS estimate for the next earnings of INDEPENDENT BANK CORP/MA (INDB) is 1.7 USD and the consensus revenue estimate is 254.88M USD.