Independent Bank Corp/MA (INDB) Stock: Buy, Sell, or Hold?
INDB - Independent Bank Corp/MA
$82.74
-0.06 (-0.07%)
▼
5d:
-0.17%
30d:
-3.04%
90d:
+1.16%
BUY
HIGH Confidence
Analysis Updated: Sep 11, 2026 12:00 AM ET
Earnings: Oct 15, 2026
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Interactive Price Chart (1 Month)
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Bottom Line:
✅ BUY SIGNAL: INDB shows strong fundamentals and good volume confirmation. Solid entry point despite slightly low pricing.
✅ BUY SIGNAL: INDB shows strong fundamentals and good volume confirmation. Solid entry point despite slightly low pricing.
Long-Term Wealth Forecast (2031)
Based on Analyst Consensus Growth & Historical Valuation
0% (Stagnation)
50% (Hyper Growth)
EST. PRICE IN 2031
$130.41
Based on 10.0% avg growth
INTRINSIC VALUE TODAY
$80.97
Trading above historical range
How this is calculated: We use a Growth Decay Model: starting with analyst consensus growth (adjusted above) and gradually slowing it down to a long-term terminal rate (4%) by Year 5. This provides a more realistic valuation than assuming constant hyper-growth. We then apply a 9.8x Exit PE.
In-depth Analysis How we analyze
Valuation Analysis: INDB is currently trading at $82.74, which is considered slightly low relative to its 30-day fair value range of $82.07 to $85.10. The stock's valuation (Forward PE: 9.9) is in line with its historical norms (9.8). At these levels, the market is pricing in 0.5% annual earnings growth. This growth rate appears achievable given the company's track record, suggesting the valuation is rational.
Technical Outlook: Technically, INDB is in a strong uptrend. The price is approaching resistance at $84.02. A breakout above this level would be a bullish signal, while rejection here could lead to consolidation.
Market Sentiment: INDB scores 72/100 on our bottoming-setup gauge — the chart has corrected and is stabilizing (RSI reset, momentum turning up), historically a favorable entry zone. Wall Street analysts see significant upside, with an average price target of $93.43 (+12.9%). Combining these factors, the current setup offers a favorable risk/reward ratio for buyers.
Technical Outlook: Technically, INDB is in a strong uptrend. The price is approaching resistance at $84.02. A breakout above this level would be a bullish signal, while rejection here could lead to consolidation.
Market Sentiment: INDB scores 72/100 on our bottoming-setup gauge — the chart has corrected and is stabilizing (RSI reset, momentum turning up), historically a favorable entry zone. Wall Street analysts see significant upside, with an average price target of $93.43 (+12.9%). Combining these factors, the current setup offers a favorable risk/reward ratio for buyers.
Quick Decision Summary
Current Position
SLIGHTLY LOW
Historical Trading Range
$82.07 -
$85.10
Company Quality Score
65/100
(BUY)
Volume Confirmation
HIGH
Confidence Score
89.0%
All Signals
- BULLISH: Price oversold vs 30-day range
- BULLISH: Strong technical setup (72/100)
- BULLISH: High volume confirmation
- BULLISH: Trading below Wall St target ($93.43)
- NEUTRAL: Market pricing in 0.5% annual earnings growth - fairly valued
- BULLISH: Bottoming setup score 72/100 — corrected, stabilizing, and turning up
Trading Range Analysis
30-Day Trading Range
$82.07 -
$85.10
Current vs Trading Range
SLIGHTLY LOW
Support & Resistance Levels
Support Level
$79.69
Resistance Level
$84.02
Current Trend
Strong Uptrend
Technical data as of
Sep 11, 2026
Fundamental Context
Forward P/E (Next Year Est.)
9.95
Wall Street Target
$93.43
(+12.9%)
Revenue Growth (YoY)
41.5%
Earnings Growth (YoY)
41.8%
Profit Margin
28.6%
Valuation Premium vs History
+0.5% premium
PE vs Historical
10.0 vs 9.8
FAIR
Market-Implied Price Targets
If current PE multiple persists
Implied Growth (YoY):
+0.5%
(market-implied from PE analysis)
1-Year Target
$83.15
(+1%)
2-Year Target
$83.57
(+1%)
3-Year Target
$83.99
(+2%)
3-Yr Target (if PE normalizes)
(PE: 10→10)
PE COMPRESSION
$82.68
(0%)
Earnings growth offset by PE compression
3-Year Scenarios
Using analyst projected EPS growth
Bull:
(PE: 20.2, Growth: 15.9%)
$261.25
(+216%)
Base:
(SPY PE: 10.0, Growth: 15.9%)
$128.94
(+56%)
Bear:
(PE: 8.5, Growth: 15.9%)
$109.60
(+33%)
📈
Valuation based on Current Earnings
RECOVERY PLAY: Stock looks expensive now (15x PE), but valuation improves significantly next year (10x PE) as earnings recover.
Trailing PE: 14.89 | Current EPS (TTM): $5.56
Bull Case
$136.15
(+65%)
Analyst growth 49.5%, PE expands to 16.4
Base Case
$123.78
(+50%)
Market implied 49.5%, PE stable at 14.9
Bear Case
$56.30
(-32%)
Severe decline -20.0%, PE contracts to 12.7
These are projections based on PE multiples and EPS growth scenarios, not predictions. Actual results may vary significantly.
Share & Embed Analysis
Last updated: September 12, 2026 2:48 AM ET
Data refreshes hourly during market hours. Next update: 3:48 AM
Data refreshes hourly during market hours. Next update: 3:48 AM
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Technical Signals Check
Is INDB showing a specific setup today?
Insider Activity (6 Months)
0
Buys
0
Sells
0
Net
NEUTRAL
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