Independent Bank Corp. (INDB) Stock Forecast
Data as of May 3, 2026Financial Services · Current price $77.76 (-0.32%)
Price Target Range
Consensus Price Target Over Time
Analyst Rating Distribution
Last 3 Months
6-Month Trend
Latest Analyst Forecasts
Price targets issued by Wall Street analysts. Upside calculated against today's price.
| Date | Analyst | Firm | Price Target | Upside |
|---|---|---|---|---|
| Oct 21, 2024 | Steve Moss | Raymond James | $74.00 | -4.8% |
| Jul 22, 2024 | Laurie Havenar Husicker | Seaport Global | $65.00 | -16.4% |
| Dec 12, 2022 | Christopher McGratty | Independent Research | $100.00 | +28.6% |
Top Analysts Covering INDB
INDB vs Sector & Market
| Metric | INDB | Financial Services Avg | Large Cap Avg |
|---|---|---|---|
| Analyst Rating | 3.33 | 2.50 | 2.41 |
| Analyst Count | 3 | 8 | 18 |
| Target Upside | +13.6% | +64.8% | +14.9% |
| P/E Ratio | 15.43 | -5.01 | 31.19 |
Revenue Estimates
| Period | Low | Avg | High | # |
|---|---|---|---|---|
| 2026-06-30 | $257M | $258M | $258M | 2 |
| 2026-09-30 | $264M | $264M | $264M | 2 |
| 2026-12-31 | $268M | $268M | $269M | 1 |
| 2027-03-31 | $266M | $266M | $267M | 1 |
| 2027-06-30 | $272M | $272M | $273M | 1 |
| 2027-09-30 | $278M | $279M | $280M | 1 |
| 2027-12-31 | $282M | $283M | $283M | 1 |
| 2028-12-31 | $936M | $939M | $943M | 1 |
EPS Estimates
| Period | Low | Avg | High | # |
|---|---|---|---|---|
| 2026-06-30 | $1.78 | $1.79 | $1.80 | 4 |
| 2026-09-30 | $1.88 | $1.90 | $1.92 | 4 |
| 2026-12-31 | $1.96 | $1.96 | $1.97 | 2 |
| 2027-03-31 | $1.94 | $1.94 | $1.95 | 2 |
| 2027-06-30 | $2.04 | $2.04 | $2.05 | 1 |
| 2027-09-30 | $2.14 | $2.15 | $2.16 | 1 |
| 2027-12-31 | $2.20 | $2.20 | $2.21 | 2 |
| 2028-12-31 | $9.54 | $9.58 | $9.63 | 3 |
Frequently Asked Questions
What is the analyst consensus for INDB?
The consensus among 3 analysts covering Independent Bank Corp. (INDB) is Hold with an average price target of $88.33.
What is the highest price target for INDB?
The highest price target for INDB is $100.00, set by Christopher McGratty at Independent Research on 2022-12-12.
What is the lowest price target for INDB?
The lowest price target for INDB is $65.00, set by Laurie Havenar Husicker at Seaport Global on 2024-07-22.
How many analysts cover INDB?
3 analysts have issued ratings for Independent Bank Corp. in the past 12 months.
Is INDB a buy or sell right now?
Based on 3 analyst ratings, INDB has a consensus rating of Hold (3.33/5) with a +13.6% upside to the consensus target of $88.33.
What are the earnings estimates for INDB?
Analysts estimate INDB will report EPS of $1.79 for the period ending 2026-06-30, with revenue estimated at $258M.
Related Stock Forecasts
Data updated daily. Analyst price targets sourced from public filings and broker reports. Not investment advice.