Analyst price target range
First Merchants Price Target: $48.00 Average
Direct answer
First Merchants's average price target is $48.00.
The verified analyst range runs from $45.00 to $51.00.
The low target implies +11.2%, the high target implies +26%, and the range spans 14.8% of the current price.
Forecast evidence checked September 25, 2026.
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Verified data
- Current price
- $40.49
- Average price target
- $48.00
- High price target
- $51.00
- Low price target
- $45.00
- Low target gap
- +11.2%
- Target upside
- +18.6%
- High target gap
- +26%
- Target range width
- 14.8%
- Consensus rating
- Buy
- Analysts
- 5
- Evidence date
- September 25, 2026
- Valid through
- October 2, 2026
Explore related company data
Read the frequently asked questions.
What is First Merchants's average price target?
First Merchants's verified average price target is $48.00. The target range is $45.00 to $51.00.
How far are First Merchants's low and high targets from the recorded price?
The low target implies +11.2%, while the high target implies +26%.
How many analysts are included in First Merchants's consensus?
The verified consensus includes 5 analysts.
How is First Merchants's target upside or downside calculated?
The average target of $48.00 is divided by the recorded price of $40.49, then one is subtracted to produce +18.6%. This does not guarantee a future return.
When was First Merchants's analyst forecast verified?
The data was verified on 2026-09-25. The dataset is valid through 2026-10-02.