Farmers & Merchants Bancorp, Inc. (FMAO) Stock Forecast

NASDAQ: FMAOAnalyst ratings, price target and estimates.

FMAO analyst forecast

as of October 18, 2026
Analyst consensus
Hold
3.00 / 5 from 3 analysts
Price target
$36.00
average of analyst targets
Upside to target
+1.9%
from the latest close
Next earnings
October 26, 2026
EPS estimate $0.81
52-week range
$23.01 – $35.81

FMAO analyst ratings

3 analysts
Strong buy
00%
Buy
00%
Hold
3100%
Sell
00%
Strong sell
00%

Number of analysts at each rating.

FMAO price target

Price $35.32Target $36.00
52-week low $23.0152-week high $35.81

The average of analyst 12-month price targets compared with the latest close and the 52-week range.

FMAO earnings per share estimates

Farmers & Merchants Bancorp, Inc. EPS estimates
PeriodAverageLowHighYear agoGrowthAnalysts
Current quarter (Sep '26)$0.80$0.80$0.81$0.64+25.5%3
Current fiscal year (2026)$3.17$3.16$3.19$2.43+30.6%3
Next fiscal year (2027)$3.27$3.25$3.28$3.17+3.0%3

Consensus EPS estimates; growth compares the average estimate with the year-ago EPS.

FMAO revenue estimates

Farmers & Merchants Bancorp, Inc. revenue estimates
PeriodAverageLowHighGrowthAnalysts
Current quarter (Sep '26)$29.2M$29.1M$29.3M+8.6%3
Current fiscal year (2026)$115.2M$115.1M$115.3M+10.5%3
Next fiscal year (2027)$122.3M$121.8M$123.1M+6.2%3

FMAO EPS: reported and forecast

Reported EPSEstimate (average; low–high)

Fiscal years; "E" marks estimates, the line shows the range from the lowest to the highest estimate.

FMAO revenue: reported and forecast

Reported revenueEstimate (average; low–high)

FMAO EPS estimate revisions

Farmers & Merchants Bancorp, Inc. EPS estimate revisions
Period90 days ago60 days ago30 days ago7 days agoNowChange (90 d)Revisions (30 d)
Current quarter (Sep '26)$0.71$0.80$0.80$0.80$0.80+12.6%3 up · 0 down
Current fiscal year (2026)$2.84$3.17$3.17$3.17$3.17+11.7%3 up · 0 down
Next fiscal year (2027)$3.01$3.27$3.27$3.27$3.27+8.5%3 up · 0 down

How the consensus EPS estimate changed over the last 90 days, and how many analysts raised or lowered it in the last 30 days.

FMAO earnings surprises

Reported EPSEstimate

Reported EPS vs the consensus estimate for the last 12 quarters; FMAO beat in 11 of 12.

What analysts expect from FMAO

3 analysts cover Farmers & Merchants Bancorp; their consensus rating is hold (3.00 on a 1–5 scale, where 5 is a strong buy). The average price target is $36.00, 1.9% above the latest close of $35.32. Analysts expect earnings of $3.17 per share for 2026, +30.6% from a year earlier. For 2027 the average estimate is $3.27 per share on revenue of $122.3 million. Farmers & Merchants Bancorp beat the EPS estimate in 11 of the last 12 quarters.

Related: FMAO income statement, FMAO key metrics, FMAO chart. See the FMAO stock overview for the latest quote and news.

FMAO forecast FAQ

What is Farmers & Merchants Bancorp's price target?

The average analyst price target for Farmers & Merchants Bancorp is $36.00, 1.9% above the latest close of $35.32.

Is Farmers & Merchants Bancorp a buy, hold or sell?

Of 3 analysts covering Farmers & Merchants Bancorp, 0 rate it a strong buy, 0 a buy, 3 a hold, 0 a sell and 0 a strong sell, a consensus of hold. Ratings are opinions, not a recommendation from Quotelinks.

What is Farmers & Merchants Bancorp's EPS forecast?

Analysts forecast $3.17 per share for 2026 (range $3.16 to $3.19); for 2027 the estimate is $3.27.

What is Farmers & Merchants Bancorp's revenue forecast?

The average revenue estimate for 2026 is $115.2 million, growth of 10.5%; for 2027 it is $122.3 million.

When does Farmers & Merchants Bancorp report earnings?

Farmers & Merchants Bancorp is expected to report results for the quarter ending September 30, 2026 on October 26, 2026 after the market closes; the EPS estimate is $0.81.

Does Farmers & Merchants Bancorp usually beat earnings estimates?

Farmers & Merchants Bancorp reported EPS at or above the analyst estimate in 11 of the last 12 quarters.

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