Horizon Bancorp (IN) Analyst Ratings

HBNCNASDAQ
$18.49
-0.07-0.38%
At close: May 8, 5:00 PM EST
$18.49
N/A
After Hours: 4:00 PM EST
Consensus Rating1
Overweight
Highest Price Target1
$22.00
Lowest Price Target1
$18.00
Consensus Price Target1
$20.40

Horizon Bancorp Analyst Ratings and Price Targets | NASDAQ:HBNC | Benzinga

Horizon Bancorp (IN) has a consensus price target of $20.4 based on the ratings of 6 analysts. The high is $22 issued by Stephens & Co. on September 2, 2025. The low is $18 issued by Hovde Group on September 30, 2024. The 3 most-recent analyst ratings were released by Piper Sandler, Stephens & Co., and Keefe, Bruyette & Woods on April 27, 2026, March 27, 2026, and January 23, 2026, respectively. With an average price target of $20.67 between Piper Sandler, Stephens & Co., and Keefe, Bruyette & Woods, there's an implied 11.77% upside for Horizon Bancorp (IN) from these most-recent analyst ratings.

Analyst Trends and Forecast

1
Jan
1
Mar
1
Apr
Buy
Hold
Sell
Strong Sell

Analyst Rating and Forecast

12345
4.3
Buy
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

Piper Sandler
Stephens & Co.
Keefe, Bruyette & Woods
Stephens & Co.
Hovde Group

1calculated from analyst ratings

Analyst Ratings for Horizon Bancorp

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FAQ

Q

What is the target price for Horizon Bancorp (HBNC) stock?

A

The latest price target for Horizon Bancorp (NASDAQ:HBNC) was reported by Piper Sandler on April 27, 2026. The analyst firm set a price target for $21.00 expecting HBNC to rise to within 12 months (a possible 13.57% upside). 7 analyst firms have reported ratings in the last year.

Q

What is the most recent analyst rating for Horizon Bancorp (HBNC)?

A

The latest analyst rating for Horizon Bancorp (NASDAQ:HBNC) was provided by Piper Sandler, and Horizon Bancorp maintained their neutral rating.

Q

When was the last upgrade for Horizon Bancorp (HBNC)?

A

The last upgrade for Horizon Bancorp (IN) happened on August 26, 2025 when Keefe, Bruyette & Woods raised their price target to $19. Keefe, Bruyette & Woods previously had a market perform for Horizon Bancorp (IN).

Q

When was the last downgrade for Horizon Bancorp (HBNC)?

A

The last downgrade for Horizon Bancorp (IN) happened on July 6, 2023 when Raymond James changed their price target from N/A to N/A for Horizon Bancorp (IN).

Q

When is the next analyst rating going to be posted or updated for Horizon Bancorp (HBNC)?

A

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Horizon Bancorp, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Horizon Bancorp was filed on April 27, 2026 so you should expect the next rating to be made available sometime around April 27, 2027.

Q

Is the Analyst Rating Horizon Bancorp (HBNC) correct?

A

While ratings are subjective and will change, the latest Horizon Bancorp (HBNC) rating was a maintained with a price target of $22.00 to $21.00. The current price Horizon Bancorp (HBNC) is trading at is $18.49, which is out of the analyst’s predicted range.