First Merchants Corporation is projected to rise to $47.51 by 2027, a +18% move from its current price of $40.23. FRME is currently trading above its 50-day average (a bullish sign). Technical indicators currently lean strong buy.
A data-driven summary — not financial advice. See the full breakdown below.
Live market data via Yahoo Finance · updated 5/28/2026
| Period | Min | Prediction | Max | Change |
|---|---|---|---|---|
| May 29 | $39.85 | $40.26 | $40.67 | +0.07% |
| May 30 | $39.71 | $40.29 | $40.88 | +0.15% |
| May 31 | $39.61 | $40.32 | $41.04 | +0.22% |
| Jun 1 | $39.53 | $40.35 | $41.18 | +0.29% |
| Jun 2 | $39.46 | $40.38 | $41.31 | +0.36% |
| Jun 3 | $39.41 | $40.41 | $41.43 | +0.44% |
| Jun 4 | $39.35 | $40.44 | $41.55 | +0.51% |
| Period | Min | Prediction | Max | Change |
|---|---|---|---|---|
| Week 1 | $39.35 | $40.44 | $41.55 | +0.51% |
| Week 2 | $39.11 | $40.64 | $42.23 | +1.02% |
| Week 3 | $38.98 | $40.85 | $42.81 | +1.54% |
| Week 4 | $38.89 | $41.06 | $43.34 | +2.06% |
| Week 5 | $38.84 | $41.27 | $43.84 | +2.58% |
| Week 6 | $38.82 | $41.48 | $44.32 | +3.10% |
| Week 7 | $38.81 | $41.69 | $44.79 | +3.63% |
Short-term targets derived from the forecast trend and recent volatility. Highly uncertain — not financial advice.
First Merchants Corporation is the financial holding company for First Merchants Bank, providing commercial and consumer banking services. The company offers a range of financial services, including checking, savings, and deposit products; debit and credit cards; mortgages, refinance, construction or renovation of residential properties, agricultural lending, treasury management services and depository products. It also provides personal and commercial wealth management services, brokerage, investment management, private banking, fiduciary estate, and financial planning services.
First Merchants operates banking locations in Indiana, Ohio, and Michigan counties and delivers services through electronic and mobile channels. First Merchants Corporation was founded in 1893 and is headquartered in Muncie, Indiana.
FRME trades at $40.14 per share and has a market cap of $2.53B, with a rank of 1854. The current price sits in a forecast that envisions meaningful upside across the coming years, with average prices advancing from the 2026 level toward substantially higher levels by 2050. The max forecasts rise into the high hundreds by mid-century, underscoring the planned long-run appreciation implied by the model.
A major floor 9.4% below — a decisive break under it would weaken the trend.
Price is testing support right now (2.8% away) — a key level to hold.
Price is pressing into resistance (2.5% away) — a breakout level to watch.
A major ceiling 5.7% above — clearing it would confirm fresh momentum.
Key FRME support and resistance from recent price action — levels where the trend has historically paused or reversed. Percentages are the distance from the current price.
A snapshot of FRME market posture derived from its technical indicators and recent volatility. Higher trend and alignment lean bullish; higher risk means larger swings.
Technical Analysis
Indicators computed on daily closing prices.
| Period | SMA | Action | EMA | Action |
|---|---|---|---|---|
| MA 5 | $40.34 | Sell | $40.29 | Sell |
| MA 10 | $39.92 | Buy | $40.15 | Buy |
| MA 20 | $40.09 | Buy | $40.09 | Buy |
| MA 50 | $39.66 | Buy | $39.84 | Buy |
| MA 100 | $39.52 | Buy | $39.46 | Buy |
| MA 200 | $38.81 | Buy | $39.09 | Buy |
| Name | Value | Action |
|---|---|---|
| RSI (14) | 51.85 | Neutral |
| Stoch RSI (14) | 56.73 | Neutral |
| CCI (20) | 24.49 | Neutral |
| Williams %R (14) | -39.57 | Info |
| MACD (12,26,9) | 0.04 | Buy |
| ROC (12) | -0.45 | Sell |
| Bollinger %B (20,2) | 0.57 | Neutral |
| Stochastic %K (14) | 60.43 | Neutral |
| TRIX (15) | 0.01 | Buy |
| Awesome (5,34) | 0.04 | Buy |
| Ultimate (7,14,28) | 60.31 | Neutral |
| Momentum (10) | 0.30 | Buy |
| Aroon Osc (25) | 24.00 | Buy |
| Hull MA (9) | 40.69 | Sell |
| ADX (14) | 10.22 | Neutral |
| ATR (14) | 0.40 | Info |
The 30-day technical picture shows bullish sentiment with RSI14 at 50. The stock trades above its SMA50 of $39.50 and SMA200 of $38.78, indicating constructive near-term momentum. A key near-term support is $39.10 and resistance is $41.22, with a 30-day trading range of $37.78 to $42.65.
| Year | Min | Avg | Max | ROI | Sentiment |
|---|---|---|---|---|---|
| $36.43 | $40.23 | $54.33 | 0% | Neutral | |
| $38.82 | $47.51 | $60.88 | +18% | Neutral | |
| $44.06 | $54.92 | $72.21 | +37% | Bullish | |
| $46.01 | $58.22 | $78.13 | +45% | Bullish | |
| $52.46 | $67.26 | $91.87 | +67% | Bullish | |
| $65.14 | $84.53 | $117.25 | +110% | Bullish | |
| $68.50 | $89.89 | $126.44 | +123% | Bullish | |
| $72.91 | $96.67 | $137.73 | +140% | Bullish | |
| $77.06 | $103.18 | $148.75 | +156% | Bullish | |
| $76.46 | $103.35 | $150.62 | +157% | Bullish | |
| $122.42 | $172.55 | $263.47 | +329% | Bullish | |
| $231.01 | $349.16 | $571.32 | +768% | Bullish |
Current year — the forecast is anchored to the live price, so ROI shows 0%.
| Month | Min | Avg | Max | Change |
|---|---|---|---|---|
| May 2026 | $36.43 | $40.23 | $47.11 | +0.00% |
| June 2026 | $35.61 | $41.54 | $49.40 | +3.26% |
| July 2026 | $36.64 | $42.99 | $51.61 | +3.49% |
| August 2026 | $36.43 | $42.93 | $51.91 | -0.13% |
| September 2026 | $36.38 | $43.04 | $52.35 | +0.24% |
| October 2026 | $37.28 | $44.25 | $54.12 | +2.82% |
| November 2026 | $37.45 | $44.59 | $54.79 | +0.77% |
| December 2026 | $36.87 | $44.02 | $54.33 | -1.28% |
Click any year to see its month-by-month FRME forecast. Min / Avg / Max are a bear / base / bull scenario; ROI is the projected move from the current price. Change is the month-over-month move in the average. Estimates, not guarantees.
The FRME price prediction for 2026 points to an average of $40.23 (low $36.43, high $54.33) — a potential gain of 0% on today's $40.23. A consolidation phase looks the most probable path here.
In 2027, FRME is projected to trade between $38.82 and $60.88, averaging $47.51 — a potential gain of +18% from today's $40.23. That is up +18% on the projected 2026 average. Price action looks broadly range-bound.
First Merchants Corporation's 2028 outlook centres on $54.92, within a $44.06 to $72.21 range. That is up +16% on the projected 2027 average. That marks a +37% change versus current levels. Buyers look set to stay in control over this stretch.
By 2029, FRME could reach as high as $78.13, with a base case around $58.22 and support toward $46.01 — roughly +45% from $40.23. Momentum favours further upside here.
Expect FRME to range from $52.46 to $91.87 through 2030. The $67.26 average target implies a +67% move from current prices. That is up +16% on the projected 2029 average. Buyers look set to stay in control over this stretch.
The FRME price prediction for 2031 points to an average of $84.53 (low $65.14, high $117.25) — a potential gain of +110% on today's $40.23. Momentum favours further upside here.
In 2032, FRME is projected to trade between $68.50 and $126.44, averaging $89.89 — a potential gain of +123% from today's $40.23. That is up +6% on the projected 2031 average. Buyers look set to stay in control over this stretch.
First Merchants Corporation's 2033 outlook centres on $96.67, within a $72.91 to $137.73 range. That is up +8% on the projected 2032 average. That marks a +140% change versus current levels. Momentum favours further upside here.
By 2034, FRME could reach as high as $148.75, with a base case around $103.18 and support toward $77.06 — roughly +156% from $40.23. Buyers look set to stay in control over this stretch.
Expect FRME to range from $76.46 to $150.62 through 2035. The $103.35 average target implies a +157% move from current prices. That is up 0% on the projected 2034 average. Momentum favours further upside here.
The FRME price prediction for 2040 points to an average of $172.55 (low $122.42, high $263.47) — a potential gain of +329% on today's $40.23. Buyers look set to stay in control over this stretch.
In 2050, FRME is projected to trade between $231.01 and $571.32, averaging $349.16 — a potential gain of +768% from today's $40.23. That is up +102% on the projected 2040 average. Momentum favours further upside here.
Investing $1,000 in FRME today (≈ 24.857072 FRME) could be worth
$8,679.03
+$7,679.03 (+768%) by 2050 · US Dollar
Based on the average projected FRME price of $349.16 in 2050.
Based on the base (average) forecast scenario. FX rates are indicative. Estimates only — not financial advice.
See what a past investment in FRMEwould be worth at today's price.
$1,000 invested in FRME on May 27, 2025 (≈ 26.109661 FRME) would be worth
$1,050.39
+$50.39 (+5.0%) today · 1.05× · US Dollar
Based on a FRME entry price of $38.3 vs. today's $40.23.
| Invested | Entry price | Value today | Return |
|---|---|---|---|
| 1 week ago | $40.11 | $1,002.99 | +0.3% |
| 1 month ago | $40.31 | $998.02 | -0.2% |
| 3 months ago | $41.05 | $980.02 | -2.0% |
| 6 months ago | $36.84 | $1,092.02 | +9.2% |
| 1 year ago | $38.3 | $1,050.39 | +5.0% |
| All time (5.0y) ago | $46.32 | $868.52 | -13.1% |
Past performance from historical market data — it does not predict future results. FX rates are indicative. Not financial advice.
Enter a price to see how it sits against our FRME forecast.
Our base-case forecast reaches $80.00 around 2031.
Implied market cap at $80.00: $5.04B
The multi-year forecast points to sustained upside. In 2030 the average price is forecast at $68.88 with a min of $53.71 and a max of $94.10, for an ROI of 71.6 and a bullish stance. By 2040 the average price rises to $178.18 with a max of $272.09 and an ROI of 343.9, maintaining a bullish outlook.
In 2050 the average price is projected at $364.84 with a max of $597.02 and an ROI of 808.9, with the overall sentiment described as bullish. The sequence shows gradual to strong expansion over time, highlighted by higher average prices and growing ROIs, while earlier years exhibit more modest movements and neutral to bullish sentiment before the longer horizon turns decisively bullish.
Tap a question to reveal the answer.
In 2030, the forecast shows an average price of $68.88, a min of $53.71, and a max of $94.10, for an ROI of 71.6. The sentiment is bullish. Note these are estimates, not guarantees.
The forecast projects upside over time, with an average price of $68.88 by 2030 and $364.84 by 2050. ROIs reach 71.6 by 2030, 343.9 by 2040, and 808.9 by 2050, with bullish sentiment in the later years. These are estimates and not guarantees.
Yes. The 2031 max forecast is $119.62, 2032 max is $129.25, and prior years show max values below $100 (e.g., 2030 max $94.10). This indicates potential to exceed $100 in the forecast horizon. These figures are estimates, not guarantees.
Current price is $40.14 and market cap is $2.53B. These figures reflect the asset's present standing in the forecast context.
For 2040, the average price is forecast at $178.18 with a max of $272.09 and an ROI of 343.9, with a bullish sentiment.
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