Piper Sandler sets USD 42.00 target for Mid Penn Bancorp stock

Published on 10/16/2026 at 03:33 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Mid Penn Bancorp stock gets a USD 42.00 target from Piper Sandler. Second-quarter EPS was USD 0.87 versus USD 0.79 expected; revenue reached USD 75.87 million.

Earnings and analyst milestones

Piper Sandler set a USD 42.00 price target on October 10, 2026.
Second-quarter earnings per share reached USD 0.87 versus USD 0.79 expected.
Market capitalization stood at USD 911.3 million as of October 15, 2026.

MPB, US59540G1076, Illustration mit AI erstellt.

A new analyst view gives Mid Penn Bancorp (US59540G1076) a USD 42.00 price target and an Overweight rating. MarketBeat reported the initiation on October 10, 2026.

Analyst target reaches USD 42

The Piper Sandler target puts the latest reported Nasdaq price within a wider valuation discussion. Mid Penn Bancorp was last at USD 35.97 on Nasdaq on October 15, 2026 at 4:00 p.m. ET, while the target stands USD 6.03 higher.

MarketBeat also reported a 52-week range of USD 26.56 to USD 39.15 and a market capitalization of USD 904.46 million on October 10, 2026. The structured market snapshot later showed market capitalization of USD 911.3 million as of October 15, 2026.

What do earnings mean for growth?

Mid Penn Bancorp reported second-quarter 2026 earnings per share of USD 0.87, above the USD 0.79 consensus estimate, while revenue reached USD 75.87 million versus USD 73.28 million expected. MarketBeat reported the figures for the quarter ended June 30, 2026. The earnings comparison gives the analyst target a current operating context rather than leaving it as a stand-alone valuation call.

Three milestones since July

On July 22, 2026, Mid Penn Bancorp reported USD 0.87 in second-quarter earnings per share against USD 0.79 expected. On October 8, 2026, Mid Penn Bank named Christopher Nestore chief risk officer after 30 years in financial services, according to . On October 10, 2026, Piper Sandler initiated coverage with a USD 42.00 target and an Overweight rating.

Next reporting date

The next substantiated date is October 21, 2026, the next earnings date listed by ToAlpha.

Market value and investor context

Mid Penn Bancorp combines a USD 42.00 analyst target with second-quarter revenue of USD 75.87 million and earnings per share of USD 0.87. Its banking operations include deposits, residential and commercial lending, consumer loans, treasury management, mortgage banking, wealth management and trust services.

The stock was last at USD 35.97 on Nasdaq on October 15, 2026 at 4:00 p.m. ET. That dated quote provides the market reference ahead of the October 21, 2026 earnings date.