FRME FIRST MERCHANTS
Financials · Russell 2000
Next earnings: Mon 25 Jan 2027 · estimated
What 7 analyst firms say about FIRST MERCHANTS: their latest ratings, price targets and how far the stock is from them. How it works
Analyst window: Latest analyst report within last 1 year
Analyst view · last 1Y
6 rated views · 7 analyst/firm records · 7 firms
Radar score
- Russell 2000 · Top Picks · 6MBelow the Radar threshold of 8055
- Russell 2000 · Safest consensus · 6MBelow the Radar threshold of 8056
Recent analyst activity · last 90 days
Our tracked history has 4 reports on FRME from 3 analyst firms in the last 90 days (7 firms in the past year).
Comparing each firm's latest target with its previous one: 1 left it unchanged and 2 have their first observed target in the past year.
No firm's latest available rating differs from its previous one.
Latest observed target change: Piper Sandler lowered its target from $51.00 (set 26 Jun 2026) to $46.00 on 4 Oct 2026.
Last 1 year. Latest opinion per identifiable analyst within the last 1 year. BUY / HOLD / SELL each count one current analyst vote; unnamed firm records are a fallback.
| Firm | Analyst | Latest rating | Report date | Latest target (USD) |
|---|---|---|---|---|
| Hovde Group | Brendan Nosal | Buy | 23 Apr 2026 | 46.00 USD |
| Keefe Bruyette & Woods | Damon P Delmonte | Buy | 24 Jul 2026 | 48.00 USD |
| Piper Sandler | Nathan Race | Buy | 5 Oct 2026 | 46.00 USD |
| Raymond James | Daniel Tamayo | Buy | 6 Oct 2026 | 46.00 USD |
| Stephens | Russell Gunther | Hold | 22 Sep 2026 | 45.00 USD |
| Weiss Ratings | Unnamed analyst | — | 3 Aug 2026 | — |
| Data feed RESEARCH | Research Team | Hold | 15 Jul 2026 | — |
Partial coverage · checked 6 Nov (6 Nov 2026, 05:49 ET). Some research records could not be refreshed. Cached records retained. Prices stream live during the US session; otherwise stored prices delayed about 15 minutes. A summary of analyst opinion, not investment advice.