FRME - First Merchants - Stock Forecast

Financial Services - Sector
Coverage Stock analysts Price Targets & Ratings Chart Insider Trading

FRME is currently covered by 4 analysts with an average price target of $48.3. This is a potential upside of $9.57 (24.71%) from yesterday's end of day stock price of $38.73.

First Merchants's activity chart (see below) currently has 82 price targets and 61 ratings on display. The stock rating distribution of FRME is 77.78% BUY and 22.22% HOLD.

Stock Analyst Price Targets - Review

Analysts average stock forecasts to be materialized ratio is 46.04% with an average time for these price targets to be met of 518.71 days.

Highest price target for FRME is $50, Lowest price target is $46, average price target is $48.33.

Most recent stock forecast was given by NATHAN RACE from PIPER SANDLER on 04-Feb-2026.

Currently out of the existing stock ratings of FRME, 7 are a BUY (77.78%), 2 are a HOLD (22.22%).

Analyst name

Rating

Current price target

Potential Upside

Previous price target

Date of last PT

Price targets met ratio

Average potential upside

Average Days to Hit Target

Performance score

Buy Since 28-Jan-2022

$49

$11.15 (29.46%)

$46

1 months 28 days ago
(04-Feb-2026)

5/17 (29.41%)

$7.57 (18.27%)

652

Hold Since 07-Aug-2024

$46

$8.15 (21.53%)

$38

6 months 3 days ago
(29-Sep-2025)

3/7 (42.86%)

$9.26 (25.20%)

141

Hold Since 26-Sep-2025

$46

6 months 6 days ago
(26-Sep-2025)

5/15 (33.33%)

$7.37 (19.08%)

362

Buy Since 29-Jul-2024

$50

$12.15 (32.10%)

$49

6 months 6 days ago
(26-Sep-2025)

0/7 (0%)

$12.5 (33.33%)

Buy Since 30-Oct-2023

$42.5

$4.65 (12.29%)

$36

1 years 11 months 3 days ago
(29-Apr-2024)

2/2 (100%)

$11.1 (35.35%)

235

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What is FRME (First Merchants) average time for price targets to be met?

On average it took 518.71 days on average for the stock forecasts to be realized with a an average price target met ratio 46.04

Which analyst has the current highest performing score on FRME (First Merchants) with a proven track record?

DAVID LONG

Which analyst has the current lower performing score on FRME (First Merchants) with a proven track record?

DAMON DELMONTE

Which analyst has the most public recommendations on FRME (First Merchants)?

David Long works at RAYMOND JAMES and has 24 price targets and 21 ratings on FRME

Which analyst is the currently most bullish on FRME (First Merchants)?

Damon Delmonte with highest potential upside - $12.15

Which analyst is the currently most reserved on FRME (First Merchants)?

Peyton Green with lowest potential downside - -$9.85

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