ONB Stock Analysis: Buy, Sell, or Hold?
ONB - Old National Bancorp
$24.43
0.03 (0.12%)
▲
5d:
+3.78%
30d:
+8.05%
90d:
+21.6%
HOLD
MODERATE Confidence
Last Updated: January 30, 2026
Earnings: Apr 21, 2026
Get Alerted When ONB Hits Your Target Price
Join 10,000+ traders who never miss a move
You're in! Check your email to confirm and set your target price.
100% Free
No spam, ever
Unsubscribe anytime
Interactive Price Chart (1 Month)
Loading chart...
Loading historical data...
Bottom Line:
📊 HOLD: ONB shows mixed signals. Fine to hold existing positions. Not urgent to buy or sell.
📊 HOLD: ONB shows mixed signals. Fine to hold existing positions. Not urgent to buy or sell.
Long-Term Wealth Forecast (2031)
Based on Analyst Consensus Growth & Historical Valuation
0% (Stagnation)
50% (Hyper Growth)
EST. PRICE IN 2031
$34.49
Based on 7.0% avg growth
INTRINSIC VALUE TODAY
$21.42
Trading above fair value
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 8.6x Exit PE.
In-depth Analysis How we analyze
Valuation Analysis: ONB is currently trading at $24.43, which is considered extended relative to its 30-day fair value range of $22.70 to $23.82. The stock's valuation (Forward PE: 8.5) is in line with its historical norms (8.6). Remarkably, the market is currently pricing in an annual earnings decline of 0.2% over the next few years. This pessimistic expectation contrasts with the company's recent 17.2% earnings growth, suggesting potential undervaluation if the company simply maintains stability.
Technical Outlook: Technically, ONB is in a uptrend. The price is approaching resistance at $24.77. A breakout above this level would be a bullish signal, while rejection here could lead to consolidation.
Market Sentiment: ONB has a strong technical setup (75/100), with favorable trendlines, momentum, and price action for short-term traders. Wall Street analysts see significant upside, with an average price target of $27.23 (+11.5%). The stock is fairly positioned - fine to hold existing positions or accumulate slowly on dips, but not an urgent buy.
Technical Outlook: Technically, ONB is in a uptrend. The price is approaching resistance at $24.77. A breakout above this level would be a bullish signal, while rejection here could lead to consolidation.
Market Sentiment: ONB has a strong technical setup (75/100), with favorable trendlines, momentum, and price action for short-term traders. Wall Street analysts see significant upside, with an average price target of $27.23 (+11.5%). The stock is fairly positioned - fine to hold existing positions or accumulate slowly on dips, but not an urgent buy.
Quick Decision Summary
Current Position
EXTENDED
Fair Price Range
$22.70 -
$23.82
Company Quality Score
62/100
(BUY)
Volume Confirmation
HIGH
Confidence Score
59.5%
All Signals
- BEARISH: Price extended above range
- BULLISH: Strong technical setup (75/100)
- BULLISH: High volume confirmation
- BULLISH: Trading below Wall St target ($27.23)
Fair Price Analysis
30-Day Fair Range
$22.70 -
$23.82
Current vs Fair Value
EXTENDED
Support & Resistance Levels
Support Level
$22.87
Resistance Level
$24.78
Current Trend
Uptrend
Fundamental Context
Forward P/E (Next Year Est.)
8.53
Wall Street Target
$27.23
(+11.5%)
Revenue Growth (YoY)
41.4%
Earnings Growth (YoY)
17.2%
Profit Margin
29.1%
Valuation Discount vs History
-0.2% cheaper
PE vs Historical
8.5 vs 8.6
FAIR
Market-Implied Price Targets
If current PE multiple persists
Implied Growth (YoY):
-0.2%
(market-implied from PE analysis)
1-Year Target
$24.38
(0%)
2-Year Target
$24.33
(0%)
3-Year Target
$24.28
(-1%)
3-Yr Target (if PE normalizes)
(PE: 9→9)
$24.47
(+0%)
3-Year Scenarios
Using analyst projected EPS growth
Bull:
(PE: 22.3, Growth: 10.0%)
$84.85
(+247%)
Base:
(SPY PE: 8.5, Growth: 10.0%)
$32.47
(+33%)
Bear:
(PE: 7.3, Growth: 10.0%)
$27.60
(+13%)
📈
Valuation based on Current Earnings
RECOVERY PLAY: Stock looks expensive now (13x PE), but valuation improves significantly next year (9x PE) as earnings recover.
Trailing PE: 13.28 | Current EPS (TTM): $1.79
Bull Case
$41.81
(+71%)
Analyst growth 59.9%, PE expands to 14.6
Base Case
$38.01
(+56%)
Market implied 59.9%, PE stable at 13.3
Bear Case
$16.16
(-34%)
Severe decline -20.0%, PE contracts to 11.3
These are projections based on PE multiples and EPS growth scenarios, not predictions. Actual results may vary significantly.
💡
Upside Surprise Potential
If earnings stabilize (0% growth), PE could expand from 8.5 to 8.6
Stabilization Target:
$24.62
(+0.8%)
PE Expansion Potential:
+0.8%
Last updated: February 02, 2026 7:04 AM ET
Data refreshes hourly during market hours. Next update: 8:04 AM
Data refreshes hourly during market hours. Next update: 8:04 AM
🔥 Top Stocks Breaking Out Now
| Ticker | Score | Recommendation | Change % |
|---|
Technical Signals Check
Is ONB showing a specific setup today?
Insider Activity (6 Months)
0
Buys
0
Sells
0
Net
NEUTRAL
Top Rated Banks - Regional Stocks
Top-rated stocks in Banks - Regional by analyst ratings.
| Stock | Analyst Consensus | Analyst Target | Tradestie Score |
|---|---|---|---|
|
KEY
KeyCorp |
BUY
24 analysts |
$24 | 58 HOLD |
|
WAL
Western Alliance Bancorp… |
STRONG BUY
15 analysts |
$103 | 59 HOLD |
|
MTB
M&T Bank Corporation |
BUY
21 analysts |
$230 | 64 BUY |
|
TFC
Truist Financial Corp |
HOLD
23 analysts |
$56 | 62 BUY |
|
SSB
SouthState Corporation |
STRONG BUY
11 analysts |
$119 | 63 BUY |
