Piper Sandler Reiterates Neutral Rating on First Internet Bancorp (INBK)

Market Context

First Internet Bancorp operates in the Financial Services sector. The stock currently trades at $29.46 with a market capitalization of $188.0M.

Analyst coverage from Piper Sandler provides professional research and price targets that many institutional investors reference when making allocation decisions. The consensus of analyst opinions — along with the range of price targets — helps frame market expectations for First Internet Bancorp.

Analyst ratings and price targets are one input among many for investment decisions. Historical studies show that consensus analyst recommendations have mixed predictive power on their own, but significant changes in consensus — such as multiple upgrades or downgrades in a short period — can be more meaningful signals.

Recent Analyst Activity for First Internet Bancorp

Among the 10 most recent ratings: 2 Buy, 8 Hold, 0 Sell.

Date	Firm	Rating	Price Target
Jul 31, 2026	Piper Sandler	Neutral	N/A
Jul 31, 2026	Benchmark	Buy	N/A
Jun 26, 2026	Piper Sandler	Neutral	N/A
Jun 25, 2026	Benchmark	Buy	N/A
May 01, 2026	Keefe, Bruyette & Woods	Market Perform	N/A

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