First Merchants Corporation (FRME) — Analyst outlook / Analyst consensus target is. Based on 11 analyst ratings, the consensus is bullish — 9 Buy, 2 Hold.
The consensus price target is $49.00, representing an upside of 19.9% from the current price $40.86.
Analysts estimate Earnings Per Share (EPS) of $3.24 and revenue of $0.66B for the next fiscal year.
Earnings Per Share (EPS) track record: 2024: actual $3.42 vs est $3.24 (beat +5.6%). 2025: actual $3.90 vs est $3.85 (beat +1.4%). Analyst accuracy: 97%.
FRME Stock — 12-Month Price Forecast
$49.00
▲ +19.92% Upside
Average Price Target
Based on 11 Wall Street analysts offering 12-month price targets for First Merchants Corporation, the price target is $49.00.
The average price target represents a +19.92% change from the last price of $40.86.
FRME Analyst Ratings
Buy
Based on 11 analysts giving stock ratings to First Merchants Corporation in the past 3 months
EPS Estimates — FRME
97%
Analyst Accuracy
Accurate
2 years compared
Actual vs Estimate
2024
Actual $3.42
vs Est $3.24
▲ 5.3% off
2025
Actual $3.90
vs Est $3.85
▲ 1.4% off
Profitability Outlook
Company is profitable with solid earnings. EPS trend is improving.
Revenue Estimates — FRME
64%
Analyst Accuracy
Fair
2 years compared
Actual vs Estimate
2024
Actual $1.054B
vs Est $0.662B
▲ 37.2% off
2025
Actual $1.050B
vs Est $0.682B
▲ 35.0% off
Revenue Trend
Revenue has been relatively flat. Analysts forecast revenue contraction ahead.
