First Merchants Market Sentiment

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First Merchants Corp

FRMENASDAQ

Trade with Public

$40.15

0.571.44%

Last update: Oct 2, 4:00 PM

$40.15

0.571.44%

Overview News Earnings Forecast Price Targets FinancialsSentimentOwnership Dividends Compare Options Stock Report

First Merchants Market Sentiment - Benzinga

First Merchants Market Sentiment

Market sentiment signals for First Merchants (FRME): analyst consensus, short interest, options flow and insider activity.

Key Signals

Analyst Consensus— Overweight

Short Interest▼ 4.3% short float

Options Flow▲ 0.00 P/C ratio

Insider Activity— N/A

Analyst Consensus

Overweight

5 analysts

Options Flow (P/C)

0.00

More calls — Bullish

10 calls · 0 puts

Avg Consensus PT

$47

+18.0%

Highest Price Target

$51

+27.0%

Piper Sandler

Lowest Price Target

$43

+5.9%

Piper Sandler

Short Interest

4.3%

Rising — Bearish

Insider Activity (30d)

—

Short Interest — % of Float

Recent Analyst Actions

Date	Firm	Analyst & Accuracy	Upside / Downside	PT Change	Action	Rating
Jun 26, 2026	Piper Sandler	Nathan Race—	+27.0%	$49 → $51	Maintained	Overweight
Feb 4, 2026	Piper Sandler	Nathan Race—	+22.0%	$46 → $49	Maintained	Overweight
Oct 27, 2025	Piper Sandler	Nathan Race—	+14.6%	$48 → $46	Maintained	Overweight
Sep 29, 2025	Stephens & Co.	Terry McEvoy—	+14.6%	$46 → $46	Maintained	Equal-Weight
Sep 26, 2025	Raymond James	Daniel Tamayo—	—	—	Downgrade	Outperform→Market Perform
Sep 26, 2025	Keefe, Bruyette & Woods	Damon Delmonte—	+24.5%	$49 → $50	Maintained	Outperform
Jul 28, 2025	Piper Sandler	Nathan Race—	+19.6%	$49 → $48	Maintained	Overweight
Apr 28, 2025	Raymond James	Daniel Tamayo—	+7.1%	$46 → $43	Maintained	Outperform
Apr 28, 2025	Piper Sandler	Nathan Race—	+22.0%	$55 → $49	Maintained	Overweight
Apr 25, 2025	Keefe, Bruyette & Woods	Damon Delmonte—	+22.0%	$52 → $49	Maintained	Outperform
Apr 2, 2025	Raymond James	Daniel Tamayo—	+14.6%	$50 → $46	Maintained	Outperform
Jan 31, 2025	Keefe, Bruyette & Woods	Damon Delmonte—	+29.5%	$50 → $52	Maintained	Outperform
Jan 31, 2025	Raymond James	Daniel Tamayo—	+24.5%	$42 → $50	Maintained	Outperform
Jan 31, 2025	Piper Sandler	Nathan Race—	+37.0%	$52 → $55	Maintained	Overweight
Dec 4, 2024	Keefe, Bruyette & Woods	Damon Delmonte—	+24.5%	$43 → $50	Maintained	Outperform
Oct 28, 2024	Piper Sandler	Nathan Race—	+17.1%	$50 → $47	Maintained	Overweight
Aug 28, 2024	Keefe, Bruyette & Woods	Damon Delmonte—	+12.1%	$45 → $45	Maintained	Outperform
Aug 7, 2024	Stephens & Co.	Terry McEvoy—	-5.4%	$45 → $38	Downgrade	Overweight→Equal-Weight
Jul 29, 2024	Keefe, Bruyette & Woods	Damon Delmonte—	+12.1%	$43 → $45	Maintained	Outperform
Jul 29, 2024	Piper Sandler	Nathan Race—	+24.5%	$41 → $50	Maintained	Overweight
Jul 26, 2024	Stephens & Co.	Terry McEvoy—	+12.1%	$40 → $45	Maintained	Overweight
Apr 29, 2024	Piper Sandler	Scott Siefers—	+5.9%	$41 → $43	Maintained	Overweight
Jan 29, 2024	Raymond James	Daniel Tamayo—	-0.4%	$33 → $40	Maintained	Outperform
Jan 29, 2024	Piper Sandler	Scott Siefers—	+7.1%	$43 → $43	Maintained	Overweight
Oct 30, 2023	Piper Sandler	Scott Siefers—	-10.3%	$38 → $36	Maintained	Overweight