First Internet Bancorp (INBK)
NASDAQ: INBK · IEX Real-Time Price · USD
32.24
-0.32 (-0.98%)
May 20, 2024, 12:11 PM EDT - Market open
First Internet Bancorp Stock Forecast
Stock Price Forecast
The 3 analysts with 12-month price forecasts for INBK stock have an average target of 34.67, with a low estimate of 34 and a high estimate of 36. The average target predicts an increase of 7.54% from the current stock price of 32.24.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for INBK stock from 4 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
Rating | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 |
---|---|---|---|---|---|---|
Strong Buy | 1 | 1 | 1 | 1 | 1 | 1 |
Buy | 0 | 0 | 0 | 0 | 0 | 0 |
Hold | 2 | 2 | 2 | 2 | 3 | 3 |
Sell | 0 | 0 | 0 | 0 | 0 | 0 |
Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
Total | 3 | 3 | 3 | 3 | 4 | 4 |
Latest Forecasts
Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
---|---|---|---|---|---|---|---|
Piper Sandler | Piper Sandler | Hold Maintains $35 → $34 | Hold | Maintains | $35 → $34 | +5.46% | Apr 29, 2024 |
Keefe, Bruyette & Woods | Keefe, Bruyette & Woods | Hold Reiterates $34 → $36 | Hold | Reiterates | $34 → $36 | +11.66% | Apr 26, 2024 |
Keefe, Bruyette & Woods | Keefe, Bruyette & Woods | Hold Maintains $29 → $34 | Hold | Maintains | $29 → $34 | +5.46% | Jan 26, 2024 |
Craig-Hallum | Craig-Hallum | Hold → Strong Buy Upgrades n/a | Hold → Strong Buy | Upgrades | n/a | n/a | Dec 18, 2023 |
Piper Sandler | Piper Sandler | Hold Maintains $19 → $18 | Hold | Maintains | $19 → $18 | -44.17% | Oct 30, 2023 |
Financial Forecast
Revenue This Year
96.41M
from 84.38M
Increased by 14.26%
Revenue Next Year
113.36M
from 96.41M
Increased by 17.59%
EPS This Year
3.03
from 0.95
Increased by 218.52%
EPS Next Year
4.02
from 3.03
Increased by 32.86%
Revenue Forecast
Revenue | 2024 | 2025 |
---|---|---|
High | 101.2M | 119.7M |
Avg | 96.4M | 113.4M |
Low | 90.0M | 107.2M |
Revenue Growth
Revenue Growth | 2024 | 2025 |
---|---|---|
High | 20.0% | 24.2% |
Avg | 14.3% | 17.6% |
Low | 6.7% | 11.2% |
EPS Forecast
EPS | 2024 | 2025 |
---|---|---|
High | 3.20 | 4.48 |
Avg | 3.03 | 4.02 |
Low | 2.84 | 3.64 |
EPS Growth
EPS Growth | 2024 | 2025 |
---|---|---|
High | 237.1% | 48.2% |
Avg | 218.5% | 32.9% |
Low | 199.5% | 20.3% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.