Wall Street Analysts Believe First Internet (INBK) Could Rally 25.04%: Here's is How to Trade [Yahoo! Finance]
First Internet Bancorp (INBK)
Last first internet bancorp earnings: 4/22 04:52 pm
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US:NASDAQ Investor Relations:
firstinternetbancorp.com/tearsheet.aspx?iid=4112285
Company Research
Source: Yahoo! Finance
left in the stock if short-term price targets set by Wall Street analysts are any guide. The mean price target of $41.70 indicates a 25% upside potential. The mean estimate comprises five short-term price targets with a standard deviation of $2.91. While the lowest estimate of $38.50 indicates a 15.4% increase from the current price level, the most optimistic analyst expects the stock to surge 34.9% to reach $45. It's very important to note the standard deviation here, as it helps understand the variability of the estimates. The smaller the standard deviation, the greater the agreement among analysts. While the consensus price target is a much-coveted metric for investors, solely banking on this metric to make an investment decision may not be wise at all. That's because the ability and unbiasedness of analysts in setting price targets have long been questionable. However, an impressive consensus price target is not the only factor that indicates a potential upside in INBK. This
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INBK
News
- Bears are Losing Control Over First Internet (INBK), Here's Why It's a 'Buy' Now [Yahoo! Finance]Yahoo! Finance
- First Internet Bancorp Third Quarter 2024 Earnings: Misses Expectations [Yahoo! Finance]Yahoo! Finance
- First Internet Bancorp (INBK) Q3 2024 Earnings Call Transcript [Seeking Alpha]Seeking Alpha
- First Internet Bancorp GAAP EPS of $0.80 misses by $0.02, revenue of $33.79M [Seeking Alpha]Seeking Alpha
- First Internet Bancorp Reports Third Quarter 2024 ResultsBusiness Wire
INBK
Earnings
- 10/23/24 - Miss
INBK
Sec Filings
- 11/8/24 - Form SC
- 11/7/24 - Form 10-Q
- 10/31/24 - Form SC
- INBK's page on the SEC website