
Horizon (HBNC) Stock Forecast & Price Target
Horizon (HBNC) Analyst Ratings
Bulls say
Horizon Bancorp's positive outlook is driven by an anticipated increase in earnings and profitability, leading to a moderate adjustment in price target multiples to 10.0x estimated figures for 2026. The company's financial improvements include a significant boost to its return profile, with an approximate 50 basis points increase in return on assets, contributing to a stronger and cleaner balance sheet. Additionally, the adjusted price targets reflect a potential total return of about 26% in the base case scenario, underscoring the company's favorable growth prospects.
Bears say
Horizon Bancorp is facing a negative outlook due to a projected reduction in earnings and profitability, which is expected to put pressure on its valuation as management has struggled to meet prior expectations. The anticipated slower loan growth in the low single digits, coupled with higher expenses projected at 6-7% year-over-year, exacerbates the challenges the company faces in increasing net interest income. Additionally, increased pricing pressure for deposits and reliance on borrowings further undermines the bank's financial position, leading to a theoretical price target that indicates a potential negative return of 13%.
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
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