
Horizon (HBNC) Stock Forecast & Price Target
Horizon (HBNC) Analyst Ratings
Bulls say
Horizon Bancorp's outlook is bolstered by a projected increase in earnings and profitability, resulting in a modest adjustment of price target multiples to 10.0x for 2026 estimates and an impressive return on assets (ROA) boost of approximately 50 basis points. The enhancement in the return profile positively impacts total book value (TBV), allowing for a stronger balance sheet. The company's overall financial metrics support a favorable assessment, with projections indicating a significant upside potential.
Bears say
Horizon Bancorp's stock outlook appears negative due to a combination of reduced earnings and profitability expectations, which have led to downward pressure on valuation multiples projected at 7.4x for 2026. A weaker revenue outlook is anticipated, primarily stemming from slower loan growth in the low single digits, starkly contrasting with prior growth expectations of approximately 6%. Additionally, the company's expense growth is forecasted to escalate to 6%-7% year-over-year, driven by increased investments and higher provisioning costs related to deteriorating credit trends, further complicating the financial outlook.
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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