First Merchants Corporation
First Merchants Corporation (FRME) Stock Forecast & Analyst Price Target
Wall Street consensus, 12-month price targets, model projections, and EPS/revenue estimates — from analyst data and price history.
frme · stock forecast · 11 analysts (3M) · FMP · updated Jun 8, 2026
Analyst Rating & Consensus
Based on 11 Wall Street analysts in the past 3 months
Buy
11 analysts
consensus
Rating Breakdown
12-Month Price Target
High
$49.00
Consensus
$49.00
+22.7% upside
Low
$49.00
Median: $49 · Last Close: $39.93
12-Month Price Target Forecast
Historical closing prices + analyst 12-month price target forecast cone
Short-Term Price Prediction
Algorithmically generated · Updated daily
| Date | Predicted Price | Change |
|---|---|---|
| 2026-06-09 | $39.75 | ↓ 0.45% |
1-day model range: $39.65–$39.85. Peak: $39.85 (-0.45%).
Long-Term Stock Price Prediction
Annual stock price forecast · 2027 / 2028 / 2029 / 2030 / 2031
| Year | Avg Price | Change |
|---|---|---|
| 2027 | $44 | +9.6% |
| 2028 | $46 | +16.0% |
| 2029 | $48 | +20.0% |
| 2030 | $49 | +22.5% |
| 2031 | — | +24.0% |
Stock Forecast Based on Technical Analysis
14 TA signals (SMA×6 + EMA×6 + RSI + MACD) · EEAT method transparency
Market Sentiment
NEUTRAL
Based on 14 technical indicators
Refreshes daily from EOD close
Moving Averages · FRME · Jun 8, 2026
Latest Analyst Ratings & Upgrades
| Date | Brokerage | Action | Rating |
|---|---|---|---|
| 2026-02-04 | Piper Sandler | Maintains | Overweight→Overweight |
| 2025-10-27 | Piper Sandler | Maintains | Overweight→Overweight |
| 2025-09-29 | Stephens & Co. | Maintains | Equal Weight→Equal Weight |
| 2025-09-26 | Keefe, Bruyette & Woods | Maintains | Outperform→Outperform |
| 2025-09-26 | Raymond James | Downgrade ↓ | Outperform→Market Perform |
| 2025-07-28 | Piper Sandler | Maintains | Overweight→Overweight |
| 2025-04-28 | Piper Sandler | Maintains | Overweight→Overweight |
| 2025-04-28 | Raymond James | Maintains | Outperform→Outperform |
| 2025-04-25 | Keefe, Bruyette & Woods | Maintains | Outperform→Outperform |
| 2025-04-02 | Raymond James | Maintains | Outperform→Outperform |
Wall Street analysts have recently issued updated ratings on First Merchants Corporation (FRME) stock. Of the recent 62 rating actions, 13 were upgrades and 8 were downgrades. 11 analysts currently cover FRME.
Analyst Recommendation Trends
FRME analyst recommendation trends show decreasing buy-side sentiment over the past 6 months. Buy rating actions changed from 3 to 1 per month.
Financial Forecast: EPS & Revenue Estimates
Revenue This Year
$630M
↓ 7.7% YoY
Revenue Next Year
$662M
↑ 5.0% YoY
EPS This Year
$3.47
EPS Next Year
$3.24
↓ 6.7% YoY
EPS ForecastReported vs Estimated
Analysts forecast FRME EPS of $3.47 for the current fiscal year, based on estimates from 1 analysts. The FRME revenue forecast is $630M for the current year. These are analyst consensus estimates via FMP / S&P Global.
About Forecast & Price Prediction
The FRME stock forecast is supported by two independent data sources: analyst consensus ratings from 11 Wall Street analysts (S&P Global / FMP), and technical analysis calculated from historical EOD price data. The consensus FRME price target is $49.00 (+22.7% upside), with an analyst consensus of Buy.
The FRME short-term stock prediction for tomorrow is $39.75 (-0.45%). The FRME stock price prediction for 2027 estimates an average of $44. The FRME stock prediction for 2030 projects a range of $48–$50.
First Merchants Corporation trades on NASDAQ under the ticker FRME. The FRME stock outlook for 2027 is broadly positive, supported by a Buy consensus among 82% of covering analysts.
Frequently asked questions
FRME forecast · 8 questionsAccording to 11 Wall Street analysts, the average 12-month FRME price target is $49.00, with a high forecast of $49.00 and a low of $49.00. The median price target is shown in the chart above when available. This implies +22.7% potential upside from the current price of $39.93.
· Analyst data: Financial Modeling Prep (FMP) · S&P Global Market Intelligence · Technical analysis: FMP /historical-price-eod/light · Updated: Hourly (analyst) · Daily (technical)
⚠ This information is provided for informational purposes only and does not constitute investment advice. Short-term and long-term price predictions are algorithmically generated and carry significant uncertainty. Past performance does not guarantee future results. Always conduct your own due diligence before making investment decisions.