Independent Bank Corp. 2026 Revenue Estimates Up 12.6%, Price Target $37
Full-year 2026 revenue estimates for Independent Bank Corp. rose 12.6% over 90 days to $214.83 million, and EPS projections increased to $3.43. Analysts set a one-year average price target of $37, implying 10.4% upside, while a GF Value of $31.25 indicates 6.7% downside potential.
1. Estimates Revision Trends
Over the past 90 days, analysts raised full-year 2026 revenue estimates for Independent Bank Corp. by 12.6% from $190.91 million to $214.83 million, and lifted EPS projections from $3.40 to $3.43. They also increased 2027 revenue forecasts by 16.2% to $234.12 million and EPS to $3.78.
2. Q4 2025 Performance Recap
In Q4 2025, Independent Bank Corp. reported revenue of $46.35 million, missing estimates by 0.63%, while EPS of $0.89 beat by 6.46%. The shares gained 0.97% on the day following the release.
3. Price Target Outlook
Five analysts set a one-year average price target of $37, with a high of $39 and low of $35, implying a 10.4% upside. In contrast, a GF Value estimate of $31.25 signals a 6.7% potential downside from current levels.
4. Consensus Recommendation
Brokerage consensus across five firms stands at a 'Hold' rating, with an average recommendation score of 3.0 on a 1–5 scale where 1 is Strong Buy and 5 is Sell.