Nicolet Bankshares Receives Average 'Buy' Rating from Analysts

The bank holding company's stock has been rated favorably by six research firms.

Apr. 11, 2026 at 8:13am

Got story updates? Submit your updates here. ›

A high-contrast black and white close-up image of the inner mechanisms of a bank vault, including gears, locks, and heavy industrial equipment, conceptually representing the robust financial infrastructure supporting Nicolet Bankshares.The intricate machinery and security measures of a regional bank's vault symbolize the institutional strength and financial stability powering Nicolet Bankshares' growth.Green Bay Today

Nicolet Bankshares Inc. (NYSE:NIC) has received an average rating of 'Buy' from six research firms currently covering the stock. Five analysts have rated the stock as 'Buy' and one as 'Strong Buy', with an average 12-month price target of $179.50.

Why it matters

The positive analyst ratings and price targets suggest that Wall Street sees strong growth potential for Nicolet Bankshares, which could boost investor confidence and the company's stock price. As a regional bank holding company, Nicolet's performance is an indicator of economic conditions in its markets of northeastern Wisconsin and Michigan's Upper Peninsula.

The details

The analysts' ratings and price targets for Nicolet Bankshares are based on the company's financial performance, growth prospects, and competitive position in its regional banking markets. The firm has received upgrades from 'Neutral' to 'Overweight' and price target increases from several research firms in recent months.

  • Nicolet Bankshares reported its latest quarterly earnings on January 20, 2026.
  • The company's stock hit a 52-week high of $163.11 on February 18, 2026.

The players

Nicolet Bankshares Inc.

A bank holding company headquartered in Green Bay, Wisconsin that provides commercial and consumer banking services through its subsidiary Nicolet National Bank.

Zacks Research

An investment research firm that upgraded Nicolet Bankshares from 'Hold' to 'Strong Buy' in late December 2025.

Piper Sandler

An investment bank that upgraded Nicolet Bankshares from 'Neutral' to 'Overweight' and raised its price target to $185 in February 2026.

Got photos? Submit your photos here. ›

What they’re saying

“We must not let individuals continue to damage private property in San Francisco.”

— Robert Jenkins, San Francisco resident

“Fifty years is such an accomplishment in San Francisco, especially with the way the city has changed over the years.”

— Gordon Edgar, grocery employee

What’s next

Investors will be closely watching Nicolet Bankshares' upcoming quarterly earnings report and any further analyst commentary on the stock.

The takeaway

The positive analyst sentiment around Nicolet Bankshares suggests the regional bank is well-positioned to capitalize on economic growth in its Midwest markets, though its stock price will still need to prove itself against broader market conditions.