NASDAQ:INBK - First Internet Bancorp Stock Price Target and Predictions

  • Consensus Rating: Buy
  • Consensus Price Target: $33.00
  • Forecasted Upside: 10.11 %
  • Number of Analysts: 2
  • Breakdown:
  • 0 Sell Ratings
  • 0 Hold Ratings
  • 2 Buy Ratings
  • 0 Strong Buy Ratings
$29.97
▼ -0.58 (-1.90%)

This chart shows the closing price for INBK by one month, three months, or twelve months.

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Analyst Price Target for INBK

Analyst Price Target is $33.00
▲ +10.11% Upside Potential
This price target is based on 2 analysts offering 12 month price targets for First Internet Bancorp in the last 3 months. The average price target is $33.00, with a high forecast of $36.00 and a low forecast of $30.00. The average price target represents a 10.11% upside from the last price of $29.97.

This chart shows the closing price for INBK for the last year in relation to the current analyst high, average, and low pricetarget.

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Current Consensus is Buy

The current consensus among 2 contributing investment analysts is to buy stock in First Internet Bancorp. This rating has held steady since November 2019, when it changed from a Hold consensus rating.

Past Monthly Recommendations

Move your mouse over past months for details Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart

  • 0 strong buy ratings
  • 3 buy ratings
  • 1 hold ratings
  • 0 sell ratings
1/30/2020
  • 0 strong buy ratings
  • 3 buy ratings
  • 1 hold ratings
  • 0 sell ratings
4/29/2020
  • 0 strong buy ratings
  • 4 buy ratings
  • 0 hold ratings
  • 0 sell ratings
7/28/2020
  • 0 strong buy ratings
  • 4 buy ratings
  • 0 hold ratings
  • 0 sell ratings
10/26/2020
  • 0 strong buy ratings
  • 3 buy ratings
  • 0 hold ratings
  • 0 sell ratings
1/24/2021
  • 0 strong buy ratings
  • 3 buy ratings
  • 0 hold ratings
  • 0 sell ratings
4/24/2021
  • 0 strong buy ratings
  • 2 buy ratings
  • 0 hold ratings
  • 0 sell ratings
6/23/2021
  • 0 strong buy ratings
  • 2 buy ratings
  • 0 hold ratings
  • 0 sell ratings
7/23/2021

Latest Recommendations

  • 0 strong buy ratings
  • 2 buy ratings
  • 0 hold ratings
  • 0 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
2/1/2021Janney Montgomery ScottUpgradeNeutral ➝ Buy$36.00Low
11/10/2020Janney Montgomery ScottDowngradeBuy ➝ NeutralHigh
10/26/2020Piper SandlerBoost Price TargetOverweight$19.00 ➝ $30.00Low
9/29/2020Piper SandlerLower Price TargetOverweight$20.00 ➝ $19.00Low
7/24/2020Piper SandlerLower Price TargetOverweight$21.00 ➝ $20.00Low
7/24/2020Janney Montgomery ScottUpgradeNeutral ➝ BuyMedium
4/24/2020Piper SandlerLower Price TargetOverweight$23.00 ➝ $18.00High
4/24/2020Craig HallumLower Price TargetBuy$33.00 ➝ $30.00High
1/27/2020Piper SandlerBoost Price TargetOverweight$30.00 ➝ $33.00Low
1/14/2020Hovde GroupUpgradeMarket Perform ➝ Outperform$29.00Low
12/23/2019Craig HallumInitiated CoverageBuy$33.00Medium
4/29/2019Maxim GroupReiterated RatingHoldLow
1/28/2019Hovde GroupDowngradeOutperform ➝ Market Perform$22.00Low
1/25/2019FIG PartnersDowngradeOutperform ➝ Market PerformHigh
1/25/2019Maxim GroupDowngradeBuy ➝ HoldHigh
1/4/2019FIG PartnersUpgradeMarket Perform ➝ Outperform$28.00High
10/26/2018Maxim GroupReiterated RatingBuy$38.00 ➝ $30.00Medium
10/25/2018Craig HallumSet Price TargetBuy$45.00Medium
7/23/2018FIG PartnersDowngradeOutperform ➝ Market-PerformMedium
6/14/2018FIG PartnersUpgradeMarket-Perform ➝ OutperformLow
5/21/2018Craig HallumInitiated CoverageBuy$50.00Low
4/20/2018Keefe, Bruyette & WoodsReiterated RatingBuyLow
4/20/2018Maxim GroupReiterated RatingBuyLow
4/20/2018Sandler O'NeillReiterated RatingBuy$43.00Medium
1/22/2018FIG PartnersDowngradeOutperform ➝ Market PerformHigh
1/19/2018Maxim GroupReiterated RatingBuy$46.00Low
10/23/2017Maxim GroupBoost Price TargetBuy$37.00 ➝ $44.00N/A
10/23/2017Hovde GroupBoost Price TargetOutperform ➝ Outperform$37.00 ➝ $43.00N/A
10/20/2017Keefe, Bruyette & WoodsReiterated RatingBuy$44.00N/A
7/27/2017Keefe, Bruyette & WoodsReiterated RatingBuy$36.00Medium
6/26/2017Keefe, Bruyette & WoodsReiterated RatingBuy$36.00Medium
4/24/2017Maxim GroupReiterated RatingBuy$37.00Medium
4/17/2017Hovde GroupInitiated CoverageOutperform ➝ Outperform$32.50Medium
1/10/2017Keefe, Bruyette & WoodsInitiated CoverageOutperform$36.00N/A
9/7/2016FIG PartnersReiterated RatingOutperformN/A
7/25/2016Maxim GroupLower Price TargetBuy$37.00 ➝ $33.00N/A
(Data available from 7/23/2016 forward)
First Internet Bancorp logo
First Internet Bancorp operates as the bank holding company for First Internet Bank of Indiana that provides commercial and retail banking products and services to individuals and commercial customers in the United States. The company accept non-interest bearing and interest-bearing demand deposit, savings, money market, and brokered deposit accounts, as well as certificates of deposit. It also offers commercial and industrial, owner-occupied and investor commercial real estate, construction, residential mortgage, home equity and improvement, small installment, term, and other consumer loans, as well as single tenant lease financing, and public and healthcare finance; and credit and debit cards. In addition, the company is involved in the purchase, manage, service, and safekeeping of municipal securities; and provision of municipal finance lending and leasing products to government entities. In addition, it offers corporate credit card and treasury management services. The company provides its services through its Website, firstib.com. First Internet Bancorp was founded in 1999 and is based in Fishers, Indiana.
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Today's Range

Now: $29.97
Low: $29.76
High: $30.65

50 Day Range

MA: $32.27
Low: $29.94
High: $35.36

52 Week Range

Now: $29.97
Low: $13.99
High: $41.55

Volume

33,241 shs

Average Volume

36,415 shs

Market Capitalization

$295.32 million

P/E Ratio

6.91

Dividend Yield

0.79%

Beta

0.81

Frequently Asked Questions

What sell-side analysts currently cover shares of First Internet Bancorp?

The following Wall Street sell-side analysts have issued reports on First Internet Bancorp in the last year: Janney Montgomery Scott, Piper Sandler, and Zacks Investment Research.
View the latest analyst ratings for INBK.

What is the current price target for First Internet Bancorp?

2 Wall Street analysts have set twelve-month price targets for First Internet Bancorp in the last year. Their average twelve-month price target is $33.00, suggesting a possible upside of 8.0%. Janney Montgomery Scott has the highest price target set, predicting INBK will reach $36.00 in the next twelve months. Piper Sandler has the lowest price target set, forecasting a price of $30.00 for First Internet Bancorp in the next year.
View the latest price targets for INBK.

What is the current consensus analyst rating for First Internet Bancorp?

First Internet Bancorp currently has 2 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Buy." A "buy" rating indicates that analysts believe INBK will outperform the market and that investors should add to their positions of First Internet Bancorp.
View the latest ratings for INBK.

What other companies compete with First Internet Bancorp?

How do I contact First Internet Bancorp's investor relations team?

First Internet Bancorp's physical mailing address is 11201 USA PARKWAY, FISHERS IN, 46037. The bank's listed phone number is 317-532-7900 and its investor relations email address is [email protected] The official website for First Internet Bancorp is www.firstinternetbancorp.com.