FRME Should I Buy
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First Merchants Corp (FRME) is not a strong buy at the moment for a beginner investor with a long-term strategy. While the stock has shown some positive technical indicators and a modest price increase, insider selling, declining net income, and lack of strong trading signals make it prudent to hold off on investing right now.
The MACD is positive and expanding (0.21), indicating bullish momentum. RSI is at 70.606, which is neutral but nearing overbought levels. Moving averages are converging, suggesting no clear trend. The stock is trading near its resistance levels (R1: 38.121, R2: 38.662), which may limit immediate upside potential.
Analyst Nathan Race raised the price target to $49 from $46 and maintained an Overweight rating, citing the recent acquisition and solid Q4 results. Revenue increased by 11.09% YoY in Q4 2025.
No recent news or congress trading data to act as a catalyst.
In Q4 2025, revenue grew by 11.09% YoY to $158.86M, but net income dropped by 11.40% YoY to $56.60M. EPS also declined by 10.00% YoY to $0.99, indicating profitability challenges.
Analyst Nathan Race from Piper Sandler raised the price target to $49 and maintained an Overweight rating, citing positive impacts from the recent acquisition and solid Q4 results.
