Mercantile Bank Corporation
Mercantile Bank Corporation (MBWM) Stock Forecast & Analyst Price Target
Wall Street consensus, 12-month price targets, model projections, and EPS/revenue estimates — from analyst data and price history.
mbwm · stock forecast · 7 analysts (3M) · FMP · updated Jun 8, 2026
Analyst Rating & Consensus
Based on 7 Wall Street analysts in the past 3 months
Buy
7 analysts
consensus
Rating Breakdown
12-Month Price Target
High
$57.00
Consensus
$57.00
+7.1% upside
Low
$57.00
Median: $57 · Last Close: $53.20
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 | $53.53 | ↑ 0.62% |
1-day model range: $53.37–$53.69. Peak: $53.69 (+0.62%).
Long-Term Stock Price Prediction
Annual stock price forecast · 2027 / 2028 / 2029 / 2030 / 2031
| Year | Avg Price | Change |
|---|---|---|
| 2027 | $63 | +17.5% |
| 2028 | $69 | +28.9% |
| 2029 | $72 | +35.7% |
| 2030 | $74 | +39.6% |
| 2031 | — | +41.9% |
Stock Forecast Based on Technical Analysis
14 TA signals (SMA×6 + EMA×6 + RSI + MACD) · EEAT method transparency
Market Sentiment
BULLISH
Based on 14 technical indicators
Refreshes daily from EOD close
Moving Averages · MBWM · Jun 8, 2026
Latest Analyst Ratings & Upgrades
| Date | Brokerage | Action | Rating |
|---|---|---|---|
| 2026-01-21 | Keefe, Bruyette & Woods | Maintains | Outperform→Outperform |
| 2026-01-07 | Raymond James | Maintains | Outperform→Outperform |
| 2025-10-22 | Raymond James | Maintains | Outperform→Outperform |
| 2025-07-24 | Raymond James | Upgrade ↑ | Market Perform→Outperform |
| 2025-07-23 | Piper Sandler | Maintains | Neutral→Neutral |
| 2025-07-23 | Keefe, Bruyette & Woods | Maintains | Outperform→Outperform |
| 2025-04-23 | Piper Sandler | Maintains | Neutral→Neutral |
| 2025-01-22 | Keefe, Bruyette & Woods | Maintains | Outperform→Outperform |
| 2024-12-04 | Keefe, Bruyette & Woods | Maintains | Outperform→Outperform |
| 2024-07-17 | Piper Sandler | Maintains | Neutral→Neutral |
Wall Street analysts have recently issued updated ratings on Mercantile Bank Corporation (MBWM) stock. Of the recent 40 rating actions, 10 were upgrades and 6 were downgrades. 7 analysts currently cover MBWM.
Analyst Recommendation Trends
MBWM analyst recommendation trends show increasing buy-side sentiment over the past 6 months. Buy rating actions changed from 1 to 2 per month.
Financial Forecast: EPS & Revenue Estimates
Revenue This Year
$220M
↓ 9.3% YoY
Revenue Next Year
$230M
↑ 4.4% YoY
EPS This Year
$5.16
EPS Next Year
$4.87
↓ 5.7% YoY
EPS ForecastReported vs Estimated
Analysts forecast MBWM EPS of $5.16 for the current fiscal year, based on estimates from 2 analysts. The MBWM revenue forecast is $220M for the current year. These are analyst consensus estimates via FMP / S&P Global.
About Forecast & Price Prediction
The MBWM stock forecast is supported by two independent data sources: analyst consensus ratings from 7 Wall Street analysts (S&P Global / FMP), and technical analysis calculated from historical EOD price data. The consensus MBWM price target is $57.00 (+7.1% upside), with an analyst consensus of Buy.
The MBWM short-term stock prediction for tomorrow is $53.53 (+0.62%). The MBWM stock price prediction for 2027 estimates an average of $63. The MBWM stock prediction for 2030 projects a range of $72–$77.
Mercantile Bank Corporation trades on NASDAQ under the ticker MBWM. The MBWM stock outlook for 2027 is broadly positive, supported by a Buy consensus among 71% of covering analysts.
Frequently asked questions
MBWM forecast · 8 questionsAccording to 7 Wall Street analysts, the average 12-month MBWM price target is $57.00, with a high forecast of $57.00 and a low of $57.00. The median price target is shown in the chart above when available. This implies +7.1% potential upside from the current price of $53.20.
· 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.