Filing Flows › First Merchants (FRME) › Stock forecast & fair value
First Merchants (FRME) stock forecast and price target
First Merchants (FRME) trades at $40.83. 6 analysts' median price target is $46.00 (+13%), from $45.00 to $48.00.
First Merchants' latest quarter
First Merchants, Q3 2026: revenue $199M (+20% year over year), operating margin 39.9%, net earnings $68.3M, operating cash flow $78.4M. The chart follows the revenue to costs, profit and cash.
Questions
What is the price target for FRME stock?
The median of 6 analysts' 12-month targets is $46.00, +13% from $40.83; the range is $45.00 to $48.00. The average rating is buy.
Does First Merchants usually beat earnings estimates?
It beat the consensus EPS estimate in 75% of the quarters on record.
Is FRME stock a buy?
Filing Flows does not give advice. It shows what analysts expect, what each valuation method implies and the figures behind them, read from SEC filings, so you can judge for yourself.
Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.