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 $51. This is a potential upside of $11.22 (28.21%) from yesterday's end of day stock price of $39.78.

First Merchants's activity chart (see below) currently has 93 price targets and 63 ratings on display. The stock rating distribution of FRME is 83.33% BUY and 16.67% HOLD.

Stock Analyst Price Targets - Review

Analysts average stock forecasts to be materialized ratio is 46.99% with an average time for these price targets to be met of 641.5 days.

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

Most recent stock forecast was given by NATHAN RACE from PIPER SANDLER on 26-Jun-2026.

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, 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

$10.29 (25.28%)

$49

3 months 5 days ago
(26-Jun-2026)

5/18 (27.78%)

$7.7 (17.78%)

886

Hold Since 29-Sep-2025

$46

$5.29 (12.99%)

$38

1 years 2 days ago
(29-Sep-2025)

4/7 (57.14%)

$9.92 (27.49%)

752

Buy Since 27-Apr-2021

$46

1 years 5 days ago
(26-Sep-2025)

5/15 (33.33%)

$8.06 (21.24%)

464

Buy Since 26-Jan-2024

$50

$9.29 (22.82%)

$49

1 years 5 days ago
(26-Sep-2025)

1/8 (12.5%)

$13.17 (35.76%)

882

Buy Since 30-Oct-2023

$42.5

$1.79 (4.40%)

$36

2 years 5 months 2 days ago
(29-Apr-2024)

2/2 (100%)

$11.67 (37.85%)

524

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

On average it took 642 days for the stock forecasts to be reached, with an average price target met ratio of 46.99%.

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

Nathan Race

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

Nathan Race works at PIPER SANDLER and has 14 price targets and 10 ratings on FRME

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

Nathan Race with the highest potential upside of $10.29

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

Peyton Green with the lowest potential downside of -$12.71
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