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Independent Bank (INDB) Stock Forecast, Price Target & Predictions

OverviewRevenueOwnershipFinancialsChartTranscripts

INDB Stock Forecast

Independent Bank (INDB) stock forecast, based on 13 Wall Street analysts, predicts a 12-month average price target of $78.75, with a high of $100.00 and a low of $65.00. This represents a 20.69% increase from the last price of $65.25.

$50 $60 $70 $80 $90 $100 High: $100 Avg: $78.75 Low: $65 Last Closed Price: $65.25

INDB Stock Rating

Independent Bank stock's rating consensus is Hold, based on 13 Wall Street analysts. The breakdown includes 1 Strong Buy (7.69%), 4 Buy (30.77%), 8 Hold (61.54%), 0 Sell (0.00%), and 0 Strong Sell (0.00%).

Hold
Total 13 0 8 4 1 Strong Sell Sell Hold Buy Strong Buy

INDB Price Target Upside V Benchmarks

TypeNameUpside
StockIndependent Bank20.69%
SectorFinancial Services Stocks 3.56%
IndustryRegional Banks Stocks8.84%

Price Target Trends

1M3M12M
# Anlaysts--2
Avg Price Target--$69.50
Last Closing Price$65.25$65.25$65.25
Upside/Downside--6.51%
Ratings Trends
DateStrong BuyBuyHoldSellStrong SellTotal
Jun, 25-22--4
May, 25-22--4
Apr, 25-22--4
Mar, 25-22--4
Feb, 25-22--4
Analyst Price Target Forecasts
DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Oct 21, 2024Steve MossRaymond James$74.00$61.5720.19%13.41%
Jul 22, 2024Laurie Havenar HusickerSeaport Global$65.00$58.0511.97%-0.38%
Dec 12, 2022Christopher McGrattyIndependent Research$100.00$89.0212.33%53.26%
Jul 06, 2022Truist Financial$76.00$81.14-6.33%16.48%
Analyst Rating Forecasts
DateCompanyPrevious RatingNew RatingRating Change
Jan 21, 2025Raymond JamesStrong BuyStrong Buyhold
Oct 22, 2024Seaport GlobalBuyBuyhold
Oct 21, 2024Raymond JamesMarket PerformStrong Buyupgrade
Jul 22, 2024Keefe, Bruyette & WoodsMarket PerformMarket Performhold
Jul 22, 2024Seaport GlobalBuyupgrade
Apr 22, 2024Keefe, Bruyette & WoodsMarket PerformMarket Performhold
Dec 20, 2022Raymond JamesMarket Performinitialise
Dec 13, 2022Keefe, Bruyette & WoodsMarket Performdowngrade

Financial Forecast

EPS Forecast

$3 $4 $5 $6 $7 $8 Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26
Reported$3.64$3.47$5.69$5.42$4.52--
Avg Forecast$3.51$4.77$5.75$5.39$4.50$5.13$6.90
High Forecast$3.57$4.85$5.83$5.43$4.56$5.16$7.31
Low Forecast$3.46$4.69$5.67$5.34$4.45$5.08$6.21
Surprise %3.70%-27.25%-1.04%0.56%0.44%--

Revenue Forecast

$450M $600M $750M $900M $1B $1B Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26
Reported$477.45M$507.41M$727.92M$795.73M$852.75M--
Avg Forecast$482.85M$497.26M$724.14M$732.16M$689.62M$805.20M$1.03B
High Forecast$488.78M$503.37M$731.69M$732.39M$690.16M$827.04M$1.15B
Low Forecast$476.92M$491.15M$716.59M$731.93M$689.08M$783.37M$912.42M
Surprise %-1.12%2.04%0.52%8.68%23.66%--

Net Income Forecast

$50M $110M $170M $230M $290M $350M Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26
Reported$121.17M$120.99M$263.81M$239.50M$192.08M--
Avg Forecast$109.29M$103.91M$155.95M$239.50M$199.16M$226.20M$298.59M
High Forecast$131.15M$124.69M$187.14M$287.40M$201.60M$228.08M$322.86M
Low Forecast$87.43M$83.13M$124.76M$191.60M$196.73M$224.31M$274.32M
Surprise %10.87%16.44%69.16%--3.56%--

INDB Forecast FAQ

Is Independent Bank stock a buy?

Independent Bank stock has a consensus rating of Hold, based on 13 Wall Street analysts. The rating breakdown includes 1 Strong Buy, 4 Buy, 8 Hold, 0 Sell, and 0 Strong Sell, reflecting a consensus that Independent Bank is a neutral investment for most analysts.

What is Independent Bank's price target?

Independent Bank's price target, set by 13 Wall Street analysts, averages $78.75 over the next 12 months. The price target range spans from $65 at the low end to $100 at the high end, suggesting a potential 20.69% change from the previous closing price of $65.25.

How does Independent Bank stock forecast compare to its benchmarks?

Independent Bank's stock forecast shows a 20.69% upside, outperforming the average forecast for the financial services stocks sector (3.56%) and outperforming the regional banks stocks industry (8.84%).

What is the breakdown of analyst ratings for Independent Bank over the past three months?

  • June 2025: 0% Strong Buy, 50.00% Buy, 50.00% Hold, 0% Sell, 0% Strong Sell.
  • May 2025: 0% Strong Buy, 50.00% Buy, 50.00% Hold, 0% Sell, 0% Strong Sell.
  • April 2025: 0% Strong Buy, 50.00% Buy, 50.00% Hold, 0% Sell, 0% Strong Sell.

What is Independent Bank’s EPS forecast?

Independent Bank's average annual EPS forecast for its fiscal year ending in December 2025 is $5.13, marking a 13.50% increase from the reported $4.52 in 2024. Estimates for the following years are.

What is Independent Bank’s revenue forecast?

Independent Bank's average annual revenue forecast for its fiscal year ending in December 2025 is $805.2M, reflecting a -5.58% decrease from the reported $852.75M in 2024. The forecast for.

What is Independent Bank’s net income forecast?

Independent Bank's net income forecast for the fiscal year ending in December 2025 stands at $226.2M, representing an 17.76% increase from the reported $192.08M in 2024. Projections indicate .