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First Internet

INBKNASDAQ
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Consensus Rating1
Market Perform
Highest Price Target1
$45.00
Lowest Price Target1
$34.00
Consensus Price Target1
$41.13

First Internet (NASDAQ:INBK) Stock, Analyst Ratings, Price Targets, Forecasts

First Internet Bancorp has a consensus price target of $41.13 based on the ratings of 5 analysts. The high is $45 issued by Keefe, Bruyette & Woods on December 4, 2024. The low is $34 issued by Keefe, Bruyette & Woods on January 26, 2024. The 3 most-recent analyst ratings were released by Keefe, Bruyette & Woods, Piper Sandler, and Craig-Hallum on December 4, 2024, July 29, 2024, and July 26, 2024, respectively. With an average price target of $43.5 between Keefe, Bruyette & Woods, Piper Sandler, and Craig-Hallum, there's an implied 17.73% upside for First Internet Bancorp from these most-recent analyst ratings.

Analyst Trends and Forecast
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Jul
1
Dec
Buy
Hold
Sell
Strong Sell
Analyst Rating and Forecast
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1.8
Sell
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

Keefe, Bruyette & Woods
Piper Sandler
Craig-Hallum
Keefe, Bruyette & Woods

1calculated from analyst ratings

Analyst Ratings for First Internet

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FAQ

Q

What is the target price for First Internet (INBK) stock?

A

The latest price target for First Internet (NASDAQ:INBK) was reported by Keefe, Bruyette & Woods on December 4, 2024. The analyst firm set a price target for $45.00 expecting INBK to rise to within 12 months (a possible 21.07% upside). 7 analyst firms have reported ratings in the last year.

Q

What is the most recent analyst rating for First Internet (INBK)?

A

The latest analyst rating for First Internet (NASDAQ:INBK) was provided by Keefe, Bruyette & Woods, and First Internet maintained their market perform rating.

Q

When was the last upgrade for First Internet (INBK)?

A

The last upgrade for First Internet Bancorp happened on December 18, 2023 when Craig-Hallum raised their price target to N/A. Craig-Hallum previously had a hold for First Internet Bancorp.

Q

When was the last downgrade for First Internet (INBK)?

A

The last downgrade for First Internet Bancorp happened on October 21, 2022 when Keefe, Bruyette & Woods changed their price target from $42 to $30 for First Internet Bancorp.

Q

When is the next analyst rating going to be posted or updated for First Internet (INBK)?

A

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of First Internet, 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 First Internet was filed on December 4, 2024 so you should expect the next rating to be made available sometime around December 4, 2025.

Q

Is the Analyst Rating First Internet (INBK) correct?

A

While ratings are subjective and will change, the latest First Internet (INBK) rating was a maintained with a price target of $41.00 to $45.00. The current price First Internet (INBK) is trading at is $37.17, which is out of the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

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