FRME - First Merchants - Stock Forecast

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

FRME is currently covered by 3 analysts with an average price target of $47.25. This is a potential upside of $7.29 (18.24%) from yesterday's end of day stock price of $39.96.

First Merchants's activity chart (see below) currently has 85 price targets and 61 ratings on display. The stock rating distribution of FRME is 66.67% BUY and 33.33% HOLD.

Stock Analyst Price Targets - Review

Analysts average stock forecasts to be materialized ratio is 49.71% with an average time for these price targets to be met of 655.42 days.

Highest price target for FRME is $51, Lowest price target is $46, average price target is $47.25.

Most recent stock forecast was given by DANIEL TAMAYO from RAYMOND JAMES on 06-Oct-2026. First documented stock forecast 11-Jul-2016.

Best performing analysts who are covering FRME - First Merchants:

David Long Nathan Race Scott Siefers Daniel Tamayo Terry Mcevoy Peyton Green

Currently out of the existing stock ratings of FRME, 4 are a BUY (66.67%), 2 are a HOLD (33.33%).

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

Hold Since 06-Oct-2026

$46

$6.4 (16.16%)

16 days ago
(06-Oct-2026)

5/16 (31.25%)

$6.33 (15.96%)

464

Hold Since 06-Oct-2026

$46

$6.4 (16.16%)

$47

16 days ago
(06-Oct-2026)

3/5 (60%)

$6.33 (15.96%)

2308

Buy Since 28-Jan-2022

$46

$6.4 (16.16%)

$51

17 days ago
(05-Oct-2026)

5/19 (26.32%)

$6.23 (15.67%)

886

Hold Since 29-Sep-2025

$46

$2.32 (5.31%)

$38

1 years 23 days ago
(29-Sep-2025)

3/7 (42.86%)

$9.26 (25.20%)

141

Buy Since 26-Jan-2024

$50

$6.32 (14.47%)

$49

1 years 26 days ago
(26-Sep-2025)

1/8 (12.5%)

$12.5 (33.33%)

377

Show more analysts

Please expand the browser size to see the chart

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

On average it took 655 days for the stock forecasts to be reached, with an average price target met ratio of 49.71%.

Which analyst most recently updated their price target on FRME (First Merchants)?

Daniel Tamayo

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

Daniel Tamayo works at RAYMOND JAMES and has 13 price targets and 10 ratings on FRME

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

Damon Delmonte with the highest potential upside of $10.4

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

Peyton Green with the lowest potential downside of -$11.6
✖

To continue looking at which analysts cover the stock please register to the basic or advanced membership

To continue looking at analysts data please register to the advanced membership

What is AnaChart?