The latest price target for First Internet (NASDAQ:INBK) was reported by Piper Sandler on July 29, 2024. The analyst firm set a price target for $40.50 expecting INBK to rise to within 12 months (a possible 15.22% upside). 9 analyst firms have reported ratings in the last year.

The latest analyst rating for First Internet (NASDAQ:INBK) was provided by Piper Sandler, and First Internet maintained their neutral rating.

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.

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.

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 July 29, 2024 so you should expect the next rating to be made available sometime around July 29, 2025.

While ratings are subjective and will change, the latest First Internet (INBK) rating was a maintained with a price target of $30.00 to $40.50. The current price First Internet (INBK) is trading at is $35.15, which is within the analyst’s predicted range.