Wall Street Analyst Initiated Old National Bancorp [ONB]. What else is Wall St. saying

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Old National Bancorp [NASDAQ: ONB] traded at a high on Thursday, posting a 0.39 gain after which it closed the day’ session at $20.75.

The results of the trading session contributed to over 13767221 shares changing hands. Over the past one week, the price volatility of Old National Bancorp stands at 2.02% while the volatility over the past one month is 1.69%.

The market cap for ONB stock reached $7.68 billion, with 369.93 million shares outstanding and 323.68 million shares in the current float. Compared to the average trading volume of 3.00M shares, ONB reached a trading volume of 13767221 in the most recent trading day, which is why market watchdogs consider the stock to be active.

What do top market gurus say about Old National Bancorp [ONB]?

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for ONB shares is $25.09 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on ONB stock is a recommendation set at 1.64. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

Jefferies have made an estimate for Old National Bancorp shares, keeping their opinion on the stock as Hold, with their previous recommendation back on May 21, 2025. While these analysts kept the previous recommendation, Truist raised their target price to Buy. The new note on the price target was released on May 13, 2025, representing the official price target for Old National Bancorp stock. Previously, the target price had yet another raise to $28, while Raymond James analysts kept a Strong Buy rating on ONB stock.

The Average True Range (ATR) for Old National Bancorp is set at 0.62, with the Price to Sales ratio for ONB stock in the period of the last 12 months amounting to 2.55. The Price to Book ratio for the last quarter was 1.05. Price to Free Cash Flow for ONB in the course of the last twelve months was 13.24.

How has ONB stock performed recently?

Old National Bancorp [ONB] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -7.03. With this latest performance, ONB shares gained by 0.92% in over the last four-week period, additionally sinking by -2.21% over the last 6 months – not to mention a rise of 19.53% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for ONB stock in for the last two-week period is set at 44.99, with the RSI for the last a single of trading hit 38.37, and the three-weeks RSI is set at 47.13 for Old National Bancorp [ONB]. The present Moving Average for the last 50 days of trading for this stock 20.68, while it was recorded at 21.42 for the last single week of trading, and 20.85 for the last 200 days.

Old National Bancorp [ONB]: Deeper insight into the fundamentals

Old National Bancorp’s liquidity data is similarly interesting compelling, with a Current Ratio set at 0.04.

Earnings analysis for Old National Bancorp [ONB]

The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for ONB. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Old National Bancorp go to 17.06%.

Insider trade positions for Old National Bancorp [ONB]

The top three institutional holders of ONB stocks are: BLACKROCK INC. with ownership of 38.9 million shares, which is approximately 12.3266%. VANGUARD GROUP INC, holding 33.41 million shares of the stock with an approximate value of $$574.37 million in ONB stocks shares; and VANGUARD GROUP INC, currently with $$356.06 million in ONB stock with ownership which is approximately 6.5634%.