First Merchants Corporation FRME
42.00 USD +0.96 (+2.34%)
Nov 4, 2026, 12:15 PM EST
41.54 Day range 42.61
34.66 52-week range 45.33
- YTD
- +12.06%
- 1 year
- +17.75%
Analyst view
Consensus: buy
Buy
Price target (mean) 46.33 +10.3% upside
Now 42.00
- Target (low)
- 45.00
- Target (mean)
- 46.33
- Target (high)
- 48.00
Ratings (0m) 6 5 buy · 1 hold · 0 sell
- Strong buy3
- Buy2
- Hold1
- Sell0
- Strong sell0
Recommendation trend
- This month 6
- 1 month ago 6
- 2 months ago 6
Earnings and revenue estimates
Consensus for the coming quarters and fiscal years
| Period | EPS estimate | Low – high | Year ago | EPS growth | Revenue estimate | Revenue growth | Analysts |
|---|---|---|---|---|---|---|---|
| Current quarter | 1.00 | 0.94 – 1.03 | 0.98 | +2.4% | 205.31M | +15.1% | 6 |
| Next quarter | 1.00 | 0.98 – 1.04 | 1.03 | -2.6% | 204.13M | +5.6% | 6 |
| Current year | 3.88 | 3.81 – 3.92 | 3.89 | -0.3% | 806.15M | +17.2% | 6 |
| Next year | 4.36 | 4.30 – 4.55 | 3.88 | +12.5% | 847.42M | +5.1% | 6 |
Upgrades and downgrades
The latest rating changes
| Date | Firm | Action | From | To |
|---|---|---|---|---|
| Oct 6, 2026 | Raymond James | Upgrade | Market Perform | Outperform |
| Oct 5, 2026 | Piper Sandler | Maintained | Overweight | Overweight |
| Jun 26, 2026 | Piper Sandler | Maintained | Overweight | Overweight |
| Feb 4, 2026 | Piper Sandler | Maintained | Overweight | Overweight |
| Oct 27, 2025 | Piper Sandler | Maintained | Overweight | Overweight |
| Sep 29, 2025 | Stephens & Co. | Reiterated | Equal-Weight | Equal-Weight |
| Sep 26, 2025 | Raymond James | Downgrade | Outperform | Market Perform |
| Sep 26, 2025 | Keefe, Bruyette & Woods | Maintained | Outperform | Outperform |
| Jul 28, 2025 | Piper Sandler | Maintained | Overweight | Overweight |
| Apr 28, 2025 | Raymond James | Maintained | Outperform | Outperform |
| Apr 28, 2025 | Piper Sandler | Maintained | Overweight | Overweight |
| Apr 25, 2025 | Keefe, Bruyette & Woods | Maintained | Outperform | Outperform |
| Apr 2, 2025 | Raymond James | Maintained | Outperform | Outperform |
| Jan 31, 2025 | Keefe, Bruyette & Woods | Maintained | Outperform | Outperform |
| Jan 31, 2025 | Raymond James | Reiterated | Outperform | Outperform |
| Jan 31, 2025 | Piper Sandler | Reiterated | Overweight | Overweight |
| Dec 4, 2024 | Keefe, Bruyette & Woods | Maintained | Outperform | Outperform |
| Oct 28, 2024 | Piper Sandler | Maintained | Overweight | Overweight |
| Aug 28, 2024 | Keefe, Bruyette & Woods | Maintained | Outperform | Outperform |
| Aug 7, 2024 | Stephens & Co. | Downgrade | Overweight | Equal-Weight |
| Jul 29, 2024 | Keefe, Bruyette & Woods | Reiterated | Outperform | Outperform |
| Jul 29, 2024 | Piper Sandler | Maintained | Overweight | Overweight |
| Jul 26, 2024 | Stephens & Co. | Maintained | Overweight | Overweight |
| Apr 29, 2024 | Piper Sandler | Maintained | Overweight | Overweight |
| Jan 29, 2024 | Raymond James | Maintained | Outperform | Outperform |
| Oct 30, 2023 | Piper Sandler | Maintained | Overweight | Overweight |
| Oct 30, 2023 | Raymond James | Maintained | Outperform | Outperform |
| Jul 27, 2023 | Raymond James | Maintained | Outperform | Outperform |
| Jul 26, 2023 | Stephens & Co. | Reiterated | Overweight | Overweight |
| Apr 26, 2023 | Raymond James | Maintained | — | Outperform |
