Seeing Is Believing
Financial Services - Sector
FRME is currently covered by 4 analysts with an average price target of $49. This is a potential upside of $9.53 (19.22%) from yesterday's end of day stock price of $41.1.
First Merchants's activity chart (see below) currently has 79 price targets and 52 ratings on display. The stock rating distribution of FRME is 83.33% BUY and 16.67% HOLD.
Analysts average stock forecasts to be materialized ratio is 51.18% with an average time for these price targets to be met of 554.92 days.
Highest price target for FRME is $51, Lowest price target is $46, average price target is $49.
Most recent stock forecast was given by from PIPER SANDLER on 26-Jun-2026.
Currently out of the existing stock ratings of FRME, 5 are a BUY (83.33%), 1 are a HOLD (16.67%).
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
$51
$7.32 (16.76%)
$49
2 months 15 days ago
(26-Jun-2026)
5/18 (27.78%)
$7.32 (16.76%)
652
Hold Since 29-Sep-2025
$46
$2.32 (5.31%)
$38
11 months 12 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
11 months 15 days ago
(26-Sep-2025)
1/8 (12.5%)
$12.5 (33.33%)
377
Buy Since 27-Apr-2021
$46
11 months 15 days ago
(26-Sep-2025)
5/15 (33.33%)
$7.37 (19.08%)
362
Buy Since 30-Oct-2023
$42.5
$-1.18 (-2.70%)
$36
2 years 4 months 12 days ago
(29-Apr-2024)
2/2 (100%)
$11.1 (35.35%)
235
What is FRME (First Merchants) average time for price targets to be met?
Which analyst most recently updated their price target on FRME (First Merchants)?
Which analyst has the most public recommendations on FRME (First Merchants)?
Which analyst is the currently most bullish on FRME (First Merchants)?
Which analyst is the currently most reserved on FRME (First Merchants)?