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NASDAQ: INDB
Independent Bank Corp Stock Forecast, Predictions & Price Target

OverviewForecast
EarningsDividendOwnership

Analyst price target for INDB

Based on 1 analyst offering 12 month price targets for Independent Bank Corp.
Min Forecast
$45.00-21.08%
Avg Forecast
$45.00-21.08%
Max Forecast
$45.00-21.08%

Should I buy or sell INDB stock?

Based on 1 analyst offering ratings for Independent Bank Corp.
Sell
Strong Buy
0 analysts 0%
Buy
0 analysts 0%
Hold
0 analysts 0%
Sell
1 analysts 100%
Strong Sell
0 analysts 0%

Be the first to know when Wall Street analysts revise their INDB stock forecasts and price targets.

INDB stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
lockedlocked$00.00+00.00%2023-09-12

1 of 1

Forecast return on equity

Is INDB forecast to generate an efficient return?
Company
N/A
Industry
12.7%
Market
39.48%

Forecast return on assets

Is INDB forecast to generate an efficient return on assets?
Company
N/A
Industry
1.36%

INDB revenue forecast

What is INDB's revenue in the next 3 years based on estimates from 2 analysts?
Avg 1 year Forecast
$729.6M-0.24%
Avg 2 year Forecast
$714.0M-2.38%
Avg 3 year Forecast
$749.7M+2.5%
INDB's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

INDB earnings growth forecast

How is INDB forecast to perform vs Banks - Regional companies and vs the US market?
Company
2.7%
Industry
11.05%
Market
21.02%
INDB's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Industry Forecast
INDB's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Market Forecast
INDB's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Savings Rate Forecast

INDB revenue growth forecast

How is INDB forecast to perform vs Banks - Regional companies and vs the US market?
Company
-0.02%
Industry
5.62%
Market
6.49%
INDB's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
INDB's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

INDB vs Bank Stocks

TickerPricePrice TargetUp/downsideConsensus
INDB$57.02$45.00-21.08%Sell
FHB$19.65$19.67+0.09%Sell
CVBF$17.88$17.00-4.92%Hold
FBP$15.00$13.00-13.33%Hold
CBU$44.36$41.50-6.45%Sell
View Top Bank Stocks

Independent Bank Stock Forecast FAQ

Is Independent Bank Stock a good buy in 2023, according to Wall Street analysts?

The consensus among 1 Wall Street analyst covering (NASDAQ: INDB) stock is to Sell INDB stock.

Out of 1 analyst, 0 (0%) are recommending INDB as a Strong Buy, 0 (0%) are recommending INDB as a Buy, 0 (0%) are recommending INDB as a Hold, 1 (100%) are recommending INDB as a Sell, and 0 (0%) are recommending INDB as a Strong Sell.

If you're new to stock investing, here's how to buy Independent Bank stock.

What is INDB's revenue growth forecast for 2023-2025?

(NASDAQ: INDB) Independent Bank's forecast annual revenue growth rate of -0.02% is not forecast to beat the US Banks - Regional industry's average forecast revenue growth rate of 5.62%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 6.49%.

Independent Bank's revenue in 2023 is $731,373,000.On average, 2 Wall Street analysts forecast INDB's revenue for 2023 to be $31,996,688,386, with the lowest INDB revenue forecast at $31,986,602,126, and the highest INDB revenue forecast at $32,006,774,647. On average, 2 Wall Street analysts forecast INDB's revenue for 2024 to be $31,311,261,198, with the lowest INDB revenue forecast at $30,570,140,310, and the highest INDB revenue forecast at $32,052,382,086.

In 2025, INDB is forecast to generate $32,876,385,725 in revenue, with the lowest revenue forecast at $31,200,750,864 and the highest revenue forecast at $34,552,020,585.

What is INDB's forecast return on assets (ROA) for 2023-2025?

(NASDAQ: INDB) forecast ROA is N/A, which is lower than the forecast US Banks - Regional industry average of 1.36%.

What is INDB's Price Target?

According to 1 Wall Street analyst that have issued a 1 year INDB price target, the average INDB price target is $45.00, with the highest INDB stock price forecast at $45.00 and the lowest INDB stock price forecast at $45.00.

The Wall Street analyst predicted that Independent Bank's share price could fall to $45.00 by Sep 12, 2024. The average Independent Bank stock price prediction forecasts a potential downside of 21.08% from the current INDB share price of $57.02.

What is INDB's forecast return on equity (ROE) for 2023-2025?

(NASDAQ: INDB) forecast ROE is N/A, which is considered weak.
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