Independent Bank Corp. (INDB) Stock Forecast
INDB analyst forecast
as of October 18, 2026- Analyst consensus
- Buy 4.14 / 5 from 7 analysts
- Price target
- $93.86 average of analyst targets
- Upside to target
- +17.5% from the latest close
- Next earnings
- —
- 52-week range
- $66.46 – $87.17
INDB analyst ratings
7 analystsNumber of analysts at each rating.
INDB price target
The average of analyst 12-month price targets compared with the latest close and the 52-week range.
INDB earnings per share estimates
| Period | Average | Low | High | Year ago | Growth | Analysts |
|---|---|---|---|---|---|---|
| Current quarter (Sep '26) | $1.85 | $1.78 | $1.88 | $1.55 | +19.1% | 7 |
| Next quarter (Mar '27) | $1.93 | $1.85 | $2.05 | $1.68 | +14.9% | 6 |
| Current fiscal year (2026) | $7.21 | $7.13 | $7.32 | $5.64 | +27.8% | 7 |
| Next fiscal year (2027) | $8.31 | $7.92 | $8.73 | $7.21 | +15.3% | 7 |
Consensus EPS estimates; growth compares the average estimate with the year-ago EPS.
INDB revenue estimates
| Period | Average | Low | High | Growth | Analysts |
|---|---|---|---|---|---|
| Current quarter (Sep '26) | $261.2M | $260.3M | $262.2M | +7.2% | 4 |
| Next quarter (Mar '27) | $262.7M | $262.0M | $264.1M | +4.0% | 3 |
| Current fiscal year (2026) | $1.03B | $1.03B | $1.04B | +20.5% | 4 |
| Next fiscal year (2027) | $1.09B | $1.08B | $1.09B | +5.0% | 4 |
INDB EPS: reported and forecast
Fiscal years; "E" marks estimates, the line shows the range from the lowest to the highest estimate.
INDB revenue: reported and forecast
INDB EPS estimate revisions
| Period | 90 days ago | 60 days ago | 30 days ago | 7 days ago | Now | Change (90 d) | Revisions (30 d) |
|---|---|---|---|---|---|---|---|
| Current quarter (Sep '26) | $1.88 | $1.84 | $1.85 | $1.85 | $1.85 | −2.1% | 0 up · 6 down |
| Next quarter (Mar '27) | $1.92 | $1.92 | $1.92 | $1.91 | $1.93 | +0.6% | 1 up · 2 down |
| Current fiscal year (2026) | $7.22 | $7.17 | $7.17 | $7.16 | $7.21 | −0.2% | 1 up · 2 down |
| Next fiscal year (2027) | $8.28 | $8.31 | $8.31 | $8.24 | $8.31 | +0.4% | 0 up · 2 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.
INDB earnings surprises
Reported EPS vs the consensus estimate for the last 12 quarters; INDB beat in 8 of 12.
What analysts expect from INDB
7 analysts cover Independent Bank; their consensus rating is buy (4.14 on a 1–5 scale, where 5 is a strong buy). The average price target is $93.86, 17.5% above the latest close of $79.88. Analysts expect earnings of $7.21 per share for 2026, +27.8% from a year earlier. For 2027 the average estimate is $8.31 per share on revenue of $1.1 billion. Independent Bank beat the EPS estimate in 8 of the last 12 quarters.
Related: INDB income statement, INDB key metrics, INDB chart. See the INDB stock overview for the latest quote and news.
INDB forecast FAQ
What is Independent Bank's price target?
The average analyst price target for Independent Bank is $93.86, 17.5% above the latest close of $79.88.
Is Independent Bank a buy, hold or sell?
Of 7 analysts covering Independent Bank, 4 rate it a strong buy, 1 a buy, 1 a hold, 1 a sell and 0 a strong sell, a consensus of buy. Ratings are opinions, not a recommendation from Quotelinks.
What is Independent Bank's EPS forecast?
Analysts forecast $7.21 per share for 2026 (range $7.13 to $7.32); for 2027 the estimate is $8.31.
What is Independent Bank's revenue forecast?
The average revenue estimate for 2026 is $1.0 billion, growth of 20.5%; for 2027 it is $1.1 billion.
Does Independent Bank usually beat earnings estimates?
Independent Bank reported EPS at or above the analyst estimate in 8 of the last 12 quarters.