Logo Independent Bank Corp.

Independent Bank Corp. (INDB) stock: analyst price target and their real reliability

Live quote · data updated Aug 28, 2026
Independent Bank Corp. · Financials · ref. ETF XLF · 50 calls · price $82.42
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What the company does: Independent Bank Corp. operates as the bank holding company for Rockland Trust Company that provides commercial banking products and services to individuals and small-to-medium sized businesses in the United States.

📈 Independent Bank Corp. (INDB) stock price

$82.42+15.0% over range
Aug 28, 25low $64.39 · high $87.17Aug 27, 26
📏 Click 2 points (left → right) to measure the change · click again to clear.
SellBuy
Hold
60% recommend buying · 5 analysts
📊 JPI status : Independent Bank Corp. has never appeared in a JPI ranking (Fair or Risk +) — our methods haven't picked it to date. See the selected stocks →

🎯 INDB price target & analyst consensusprice $82.42

The price target · all analysts combined (5 targets)
Highest target · 1 firm of 5$96+16.5%
Median target · of 5 targets$90+9.2%
Lowest target · 1 firm of 5$82-0.5%
Current price$82.42
Where these 5 targets sit · versus the current price · 1 target per firm, last 6 months
Above the price 480% $88 ↔ $96
Below 120% $82
⭐ What the most reliable analysts say · those who beat their sector, targets replayed on real prices

⭐ The most reliable of them, either direction: Keefe, Bruyette & Woods67% of its targets hit on this sector (291 calls tested). It aims for $96 (+17 %), call made on July 21, 2026, maturing on July 21, 2027 (38 d ago).

The 2 reliable analysts $93+13 %
The 3 other firms $88+6.8 %
How to read it: the 2 reliable firms are not filtered by optimism — 2 aim above the price, 0 below, hence their $93 median. “The 3 others” are the firms that don't pass our reliability filter on this sector.
The consensus · 5 ratings (last 6 months)
Strong Buy00%
Buy360%
Hold120%
Sell120%
Strong Sell00%
Go deeper on the analysts
All analysts (the consensus)  ·  vs  ·  the best (those who've been right)
💬 A question about Independent Bank Corp.? The JPI assistant answers using our backtest data.

🔎 Detailed analyses

✅ Historical analyst reliability on INDB

Hit rate measured on targets already matured (12 months), replayed against real prices. Click a header to sort.

Firm % right i Gain vs sector i Calls i
Guggenheim  100% +23.7% 2
Raymond James  100% +15.1% 2
Compass Point  50% +3.9% 4
Keefe, Bruyette & Woods  50% -2.7% 2
Seaport Global  33% -3.2% 3
Piper Sandler  33% -4.2% 3

📊 What $1,000 invested in Independent Bank Corp. would be worth › open the full page

In short — $1,000 invested in Independent Bank Corp. 10 years ago would be worth $1,842 today, i.e. +6%/yr on average. Best year: 2016 (+36%), worst: 2023 (-30%). Price performance, excluding dividends.

If I'd invested $1,000 in Independent Bank Corp.

InvestmentWorth todayGain
1 years ago$1,254+25%
3 years ago$1,056+6%
5 years ago$1,121+12%
→ See Independent Bank Corp.'s full return history + gain calculator

Return by year (Independent Bank Corp.)

YearReturn$1,000 invested at year start
2026 (YTD)+4%$1,042 (+4%)
2025+20%$1,254 (+25%)
2024+20%$1,501 (+50%)
→ See Independent Bank Corp.'s full return history + gain calculator
⚠️ Past performance, not predictive nor advice. Prices in $, excluding dividends. Yahoo Finance data.

📰 Recent news on Independent Bank Corp.

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📋 All analyst calls on INDB

▲ Outperform · 🎯$96
Price at call : $84.81 — upside +13%
Today : $82.42 — upside +16%
🎯 on INDB : 0% (1 call matured) · 📊 on Finance : 43.3% · +0.7% (291 calls)
in progress (365j)
matures : Jul 20, 27
Piper Sandler 
Jun 26, 26
■ Neutral neutral · not a buy · 🎯$90
Price at call : $83.41 — gap to target +8%
Today : $82.42 — gap to target +9%
🎯 on INDB : 0% (2 calls matureds) · 📊 on Finance : 51.5% · +3.5% (326 calls)
in progress (365j)
matures : Jun 26, 27
Hovde Group
May 15, 26
▲ Outperform · 🎯$95
Price at call : $77.61 — upside +22%
Today : $82.42 — upside +15%
🎯 on INDB : no call matured yet · 📊 on Finance : 41.7% · +1.9% (12 calls)
in progress (365j)
matures : May 15, 27
▲ Outperform · 🎯$94
Price at call : $79.23 — upside +19%
Today : $82.42 — upside +14%
🎯 on INDB : 0% (1 call matured) · 📊 on Finance : 43.3% · +0.7% (291 calls)
in progress (365j)
matures : Apr 20, 27
Stephens & Co. 
Apr 16, 26
▲ Overweight · 🎯$88
Price at call : $77.95 — upside +13%
Today : $82.42 — upside +7%
🎯 on INDB : no call matured yet · 📊 on Finance : 48.6% · -0.4% (109 calls)
in progress (365j)
matures : Apr 16, 27
Barclays 
Apr 7, 26
▼ Underweight · 🎯$82
Price at call : $80.13 — upside +2%
Today : $82.42 — upside -1%
🎯 on INDB : no call matured yet · 📊 on Finance : 49.1% · +3.2% (173 calls)
in progress (365j)
matures : Apr 7, 27
Barclays 
Feb 2, 26
▼ Underweight · 🎯$80
Price at call : $84.52 — upside -5%
Today : $82.42 — upside -3%
🎯 on INDB : no call matured yet · 📊 on Finance : 49.1% · +3.2% (173 calls)
in progress (365j)
matures : Feb 2, 27
Barclays 
Dec 17, 25
■ Equal-Weight neutral · not a buy · 🎯$80
Price at call : $77.06 — gap to target +4%
Today : $82.42 — gap to target -3%
🎯 on INDB : no call matured yet · 📊 on Finance : 49.1% · +3.2% (173 calls)
in progress (365j)
matures : Dec 17, 26
See the other 42 calls, newest to oldest
▲ Outperform · 🎯$83
Price at call : $68.93 — upside +20%
Today : $82.42 — upside +1%
🎯 on INDB : 0% (1 call matured) · 📊 on Finance : 43.3% · +0.7% (291 calls)
in progress (365j)
matures : Oct 21, 26
■ Market Perform neutral · not a buy · 🎯$72
Price at call : $56.96 — gap to target +26%
Today : $82.42 — gap to target -13%
🎯 on INDB : 0% (1 call matured) · 📊 on Finance : 43.3% · +0.7% (291 calls)
in progress (365j)
matures : Apr 21, 26
Piper Sandler 
Apr 21, 25
■ Neutral neutral · not a buy · 🎯$63
Price at call : $54.62 — gap to target +15%
Today : $82.42 — gap to target -24%
🎯 on INDB : 0% (2 calls matureds) · 📊 on Finance : 51.5% · +3.5% (326 calls)
in progress (365j)
matures : Apr 21, 26
■ Market Perform neutral · not a buy · 🎯$80
Price at call : $67.35 — gap to target +19%
Today : $82.42 — gap to target -3%
🎯 on INDB : 0% (1 call matured) · 📊 on Finance : 43.3% · +0.7% (291 calls)
in progress (365j)
matures : Jan 21, 26
Raymond James 
Jan 21, 25
▲ Strong Buy · 🎯$78
Price at call : $67.35 — upside +16%
Today : $82.42 — upside -5%
Expected +16% · Actual +20% · Reason (≥ +15%) : ✓ Yes
🎯 on INDB : 100% (2 calls matureds) · 📊 on Finance : 39.9% · -2.6% (353 calls)
+19.6%
stock +20% · XLF +7%
matured Jan 21, 26
■ Market Perform neutral · not a buy · 🎯$82
Price at call : $70.8 — gap to target +16%
Today : $82.42 — gap to target -1%
🎯 on INDB : 0% (1 call matured) · 📊 on Finance : 43.3% · +0.7% (291 calls)
in progress (365j)
matures : Dec 12, 25
■ Market Perform neutral · not a buy · 🎯$77
Price at call : $71.43 — gap to target +8%
Today : $82.42 — gap to target -7%
🎯 on INDB : 0% (1 call matured) · 📊 on Finance : 43.3% · +0.7% (291 calls)
in progress (365j)
matures : Dec 4, 25
Raymond James 
Oct 21, 24
▲ Strong Buy · 🎯$74
Price at call : $62.37 — upside +19%
Today : $82.42 — upside -10%
Expected +19% · Actual +11% · Reason (≥ +15%) : ✗ No
🎯 on INDB : 100% (2 calls matureds) · 📊 on Finance : 39.9% · -2.6% (353 calls)
+10.5%
stock +11% · XLF +12%
matured Oct 21, 25
■ Market Perform neutral · not a buy · 🎯$65
Price at call : $62.37 — gap to target +4%
Today : $82.42 — gap to target -21%
🎯 on INDB : 0% (1 call matured) · 📊 on Finance : 43.3% · +0.7% (291 calls)
in progress (365j)
matures : Oct 21, 25
Seaport Global 
Jul 22, 24
▲ Buy · 🎯$65
Price at call : $61.86 — upside +5%
Today : $82.42 — upside -21%
Expected +5% · Actual +11% · Reason (≥ +15%) : ✗ No
🎯 on INDB : 33% (3 calls matureds) · 📊 on Finance : 38.5% · +38.1% (13 calls)
+10.8%
stock +11% · XLF +22%
matured Jul 22, 25
■ Market Perform neutral · not a buy · 🎯$60
Price at call : $50.79 — gap to target +18%
Today : $82.42 — gap to target -27%
🎯 on INDB : 0% (1 call matured) · 📊 on Finance : 43.3% · +0.7% (291 calls)
in progress (365j)
matures : Apr 22, 25
■ Market Perform neutral · not a buy · 🎯$64
Price at call : $60.72 — gap to target +5%
Today : $82.42 — gap to target -22%
🎯 on INDB : 0% (1 call matured) · 📊 on Finance : 43.3% · +0.7% (291 calls)
in progress (365j)
matures : Jan 21, 25
Seaport Global 
Oct 23, 23
■ Neutral neutral · not a buy
🎯 on INDB : 33% (3 calls matureds) · 📊 on Finance : 38.5% · +38.1% (13 calls)
in progress (365j)
matures : Oct 22, 24
Seaport Global 
Sep 12, 23
▼ Sell · 🎯$45
Price at call : $52.25 — upside -14%
Today : $82.42 — upside -45%
Expected -14% · Actual +13% · Reason (≤ −15%) : ✗ No
🎯 on INDB : 33% (3 calls matureds) · 📊 on Finance : 38.5% · +38.1% (13 calls)
-12.8%
stock +13% · XLF +28%
matured Sep 11, 24
■ Market Perform neutral · not a buy · 🎯$68
Price at call : $56.07 — gap to target +21%
Today : $82.42 — gap to target -17%
🎯 on INDB : 0% (1 call matured) · 📊 on Finance : 43.3% · +0.7% (291 calls)
in progress (365j)
matures : Apr 24, 24
■ Market Perform neutral · not a buy · 🎯$80
Price at call : $63.43 — gap to target +26%
Today : $82.42 — gap to target -3%
🎯 on INDB : 0% (1 call matured) · 📊 on Finance : 43.3% · +0.7% (291 calls)
in progress (365j)
matures : Apr 5, 24
Raymond James 
Dec 21, 22
■ Market Perform neutral · not a buy
🎯 on INDB : 100% (2 calls matureds) · 📊 on Finance : 39.9% · -2.6% (353 calls)
in progress (365j)
matures : Dec 21, 23
■ Market Perform neutral · not a buy · 🎯$100
Price at call : $84.94 — gap to target +18%
Today : $82.42 — gap to target +21%
🎯 on INDB : 0% (1 call matured) · 📊 on Finance : 43.3% · +0.7% (291 calls)
in progress (365j)
matures : Dec 13, 23
Piper Sandler 
Oct 25, 21
■ Neutral neutral · not a buy · 🎯$88
Price at call : $83.67 — gap to target +5%
Today : $82.42 — gap to target +7%
🎯 on INDB : 0% (2 calls matureds) · 📊 on Finance : 51.5% · +3.5% (326 calls)
in progress (365j)
matures : Oct 25, 22
Seaport Global 
Apr 26, 21
▲ Buy · 🎯$94
Price at call : $83.07 — upside +13%
Today : $82.42 — upside +14%
Expected +13% · Actual -8% · Reason (≥ +15%) : ✗ No
🎯 on INDB : 33% (3 calls matureds) · 📊 on Finance : 38.5% · +38.1% (13 calls)
-7.7%
stock -8% · XLF -1%
matured Apr 26, 22
Seaport Global 
Dec 17, 20
■ Neutral neutral · not a buy
🎯 on INDB : 33% (3 calls matureds) · 📊 on Finance : 38.5% · +38.1% (13 calls)
in progress (365j)
matures : Dec 17, 21
Piper Sandler 
Sep 28, 20
■ Neutral neutral · not a buy · 🎯$58
Price at call : $50.34 — gap to target +15%
Today : $82.42 — gap to target -30%
🎯 on INDB : 0% (2 calls matureds) · 📊 on Finance : 51.5% · +3.5% (326 calls)
in progress (365j)
matures : Sep 28, 21
Piper Sandler 
Jun 24, 20
■ Neutral neutral · not a buy · 🎯$67
Price at call : $62.66 — gap to target +7%
Today : $82.42 — gap to target -19%
🎯 on INDB : 0% (2 calls matureds) · 📊 on Finance : 51.5% · +3.5% (326 calls)
in progress (365j)
matures : Jun 24, 21
DA Davidson 
Jun 8, 20
■ Neutral neutral · not a buy
🎯 on INDB : no call matured yet · 📊 on Finance : 53% · +4.3% (100 calls)
in progress (365j)
matures : Jun 8, 21
Compass Point 
Mar 4, 20
■ Neutral neutral · not a buy · 🎯$76
Price at call : $69.46 — gap to target +9%
Today : $82.42 — gap to target -8%
🎯 on INDB : 50% (4 calls matureds) · 📊 on Finance : 36.1% · -3.2% (61 calls)
in progress (365j)
matures : Mar 4, 21
Compass Point 
Jul 19, 19
▲ Buy · 🎯$83
Price at call : $74.06 — upside +12%
Today : $82.42 — upside +1%
Expected +12% · Actual -14% · Reason (≥ +15%) : ✗ No
🎯 on INDB : 50% (4 calls matureds) · 📊 on Finance : 36.1% · -3.2% (61 calls)
-14.4%
stock -14% · XLF -15%
matured Jul 18, 20
DA Davidson 
Jul 12, 19
■ Neutral neutral · not a buy · 🎯$81
Price at call : $73.36 — gap to target +10%
Today : $82.42 — gap to target -2%
🎯 on INDB : no call matured yet · 📊 on Finance : 53% · +4.3% (100 calls)
in progress (365j)
matures : Jul 11, 20
DA Davidson 
Jul 11, 19
■ Neutral neutral · not a buy · 🎯$81
Price at call : $73.36 — gap to target +10%
Today : $82.42 — gap to target -2%
🎯 on INDB : no call matured yet · 📊 on Finance : 53% · +4.3% (100 calls)
in progress (365j)
matures : Jul 10, 20
Piper Sandler 
Apr 3, 19
▲ Buy
Actual -20% · Reason (≥ +15%) : ✗ No
🎯 on INDB : 0% (2 calls matureds) · 📊 on Finance : 51.5% · +3.5% (326 calls)
-20.4%
stock -20% · XLF -24%
matured Apr 2, 20
Compass Point 
Jan 9, 19
■ Neutral neutral · not a buy
🎯 on INDB : 50% (4 calls matureds) · 📊 on Finance : 36.1% · -3.2% (61 calls)
in progress (365j)
matures : Jan 9, 20
▲ Outperform
Actual -18% · Reason (≥ +15%) : ✗ No
🎯 on INDB : 0% (1 call matured) · 📊 on Finance : 43.3% · +0.7% (291 calls)
-18.4%
stock -18% · XLF +1%
matured Jul 23, 19
Piper Sandler 
May 31, 18
■ Neutral neutral · not a buy · 🎯$80
Price at call : $78.35 — gap to target +2%
Today : $82.42 — gap to target -3%
🎯 on INDB : 0% (2 calls matureds) · 📊 on Finance : 51.5% · +3.5% (326 calls)
in progress (365j)
matures : May 31, 19
Compass Point 
Oct 11, 17
■ Neutral neutral · not a buy
🎯 on INDB : 50% (4 calls matureds) · 📊 on Finance : 36.1% · -3.2% (61 calls)
in progress (365j)
matures : Oct 11, 18
Compass Point 
Jul 21, 17
▲ Buy
Actual +27% · Reason (≥ +15%) : ✓ Yes
🎯 on INDB : 50% (4 calls matureds) · 📊 on Finance : 36.1% · -3.2% (61 calls)
+27.1%
stock +27% · XLF +13%
matured Jul 21, 18
Piper Sandler 
May 15, 17
■ Neutral neutral · not a buy
🎯 on INDB : 0% (2 calls matureds) · 📊 on Finance : 51.5% · +3.5% (326 calls)
in progress (365j)
matures : May 15, 18
Compass Point 
Mar 29, 17
■ Neutral neutral · not a buy
🎯 on INDB : 50% (4 calls matureds) · 📊 on Finance : 36.1% · -3.2% (61 calls)
in progress (365j)
matures : Mar 29, 18
Compass Point 
Sep 20, 16
▼ Sell
Actual +37% · Reason (≤ −15%) : ✗ No
🎯 on INDB : 50% (4 calls matureds) · 📊 on Finance : 36.1% · -3.2% (61 calls)
-37.0%
stock +37% · XLF +31%
matured Sep 20, 17
Piper Sandler 
Aug 31, 16
▼ Sell
Actual +31% · Reason (≤ −15%) : ✗ No
🎯 on INDB : 0% (2 calls matureds) · 📊 on Finance : 51.5% · +3.5% (326 calls)
-30.8%
stock +31% · XLF +24%
matured Aug 31, 17
Compass Point 
Apr 22, 16
■ Neutral neutral · not a buy
🎯 on INDB : 50% (4 calls matureds) · 📊 on Finance : 36.1% · -3.2% (61 calls)
in progress (365j)
matures : Apr 22, 17
■ Market Perform neutral · not a buy · 🎯$48
Price at call : $45.92 — gap to target +5%
Today : $82.42 — gap to target -42%
🎯 on INDB : 0% (1 call matured) · 📊 on Finance : 43.3% · +0.7% (291 calls)
in progress (365j)
matures : Mar 10, 17
Compass Point 
Jan 22, 16
▲ Buy
Actual +40% · Reason (≥ +15%) : ✓ Yes
🎯 on INDB : 50% (4 calls matureds) · 📊 on Finance : 36.1% · -3.2% (61 calls)
+40.1%
stock +40% · XLF +33%
matured Jan 21, 17
Macquarie 
Jul 21, 15
■ Neutral neutral · not a buy · 🎯$45
Price at call : $49.49 — gap to target -9%
Today : $82.42 — gap to target -45%
🎯 on INDB : no call matured yet · 📊 on Finance : 45.8% · -3.0% (24 calls)
in progress (365j)
matures : Jul 20, 16

Frequently asked questions

Should I buy Independent Bank Corp. stock?

This isn't buy advice. For Independent Bank Corp., the analyst consensus is "Hold", with an average price target of $90.00 (+9% vs the current price). What matters is their past reliability on this stock: the most reliable one is right 100% of the time (2 calls tracked on Independent Bank Corp.). We show the numbers — you decide.

Is it too late to buy Independent Bank Corp.? How high can it go?

The most bullish analyst target on Independent Bank Corp. is $96.00 (+16% above today's price); the average is $90.00. That's the upside they see. Check how reliable those analysts have actually been on Independent Bank Corp. on our site before trusting it.

Is Independent Bank Corp. still a good buy?

The most useful "opinion" isn't an opinion — it's a track record: 6 analysts have a real record on Independent Bank Corp., the best hitting 100% over 2 calls. Current consensus: "Hold". Make your call on data, not noise.

Should you invest in Independent Bank Corp.? The case for and against

The arguments for and against, one by one, from the numbers: why invest in INDB (and why hesitate).

What has Independent Bank Corp.'s past performance been?

Historical returns and a "how much if I had invested" calculator: INDB performance & returns.

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