
Horizon (HBNC) Stock Forecast & Price Target
Horizon (HBNC) Analyst Ratings
Bulls say
Horizon Bancorp is experiencing a favorable outlook due to a projected increase in earnings and profitability, leading to a modest adjustment of price target multiples to 10.0x for 2026 estimates and a year-end tangible book value (TBV) of approximately 195%. The company's return profile is significantly improved, with an estimated increase of around 50 basis points to its return on assets (ROA), contributing to a stronger and cleaner balance sheet. Overall, these factors support a positive sentiment regarding Horizon Bancorp's financial performance and potential growth trajectory.
Bears say
Horizon Bancorp's stock is facing a negative outlook due to a weaker earnings and profitability projection, which is attributed to management's inability to meet previously conveyed expectations. Key financial metrics indicate a projected decline in loan growth to low single digits, contrasted with a base case expectation of approximately 6% growth, alongside pressure on net interest income and elevated provisioning expenses. These factors contribute to a deteriorating valuation scenario, suggesting a potential downside in share price and anticipated returns for investors.
This aggregate rating is based on analysts' research of Horizon and is not a guaranteed prediction by Public.com or investment advice.
Horizon (HBNC) Analyst Forecast & Price Prediction
Start investing in Horizon (HBNC)
Order type
Buy in
Order amount
Est. shares
0 shares