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 $47.26. This is a potential upside of $9.15 (24.01%) from yesterday's end of day stock price of $38.11.

First Merchants's activity chart (see below) currently has 65 price targets and 61 ratings on display. The stock rating distribution of FRME is 81.82% BUY and 18.18% HOLD.

Stock Analyst Price Targets - Review

Analysts average stock forecasts to be materialized ratio is 61.65% with an average time for these price targets to be met of 446.43 days.

Highest price target for FRME is $50, Lowest price target is $46, average price target is $47.33.

Most recent stock forecast was given by NATHAN RACE from PIPER SANDLER on 27-Oct-2025. First documented stock forecast 11-Jul-2016.

Currently out of the existing stock ratings of FRME, 9 are a BUY (81.82%), 2 are a HOLD (18.18%).

Analyst name

Rating

Rating initiation date

Current price target

Potential Upside

Previous price target

Date

Price targets met ratio

Average potential upside

Average Days to Hit Target

Performance score

Buy

Since 24-Apr-2020

$46

$7.89 (20.70%)

$48

2 months 14 days ago
(27-Oct-2025)

5/15 (33.33%)

$9.25 (25.17%)

364

Hold

Since 07-Aug-2024

$46

$7.89 (20.70%)

$38

3 months 12 days ago
(29-Sep-2025)

5/8 (62.5%)

$8.56 (22.86%)

508

Hold

Since 26-Sep-2025

$46

3 months 15 days ago
(26-Sep-2025)

5/14 (35.71%)

$6.63 (16.84%)

345

Buy

Since 29-Jul-2024

$50

$11.89 (31.20%)

$49

3 months 15 days ago
(26-Sep-2025)

0/6 (0%)

$11.78 (30.82%)

Buy

Since 30-Oct-2023

$42.5

$4.39 (11.52%)

$36

1 years 8 months 12 days ago
(29-Apr-2024)

2/2 (100%)

$10.5 (32.81%)

228

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

On average it took 446.43 days on average for the stock forecasts to be realized with a an average price target met ratio 61.65

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 19 price targets and 17 ratings on FRME

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

Damon Delmonte with highest potential upside - $11.89

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

David Long with lowest potential downside - -$0

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