Seeing Is Believing
Financial Services - Sector
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.
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.
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
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)?