Medifast Stock Forecast

Stock Price Forecast

The 1 analyst with a 12-month price forecast for Medifast stock has a target of 17.5, which predicts a decrease of -4.79% from the current stock price of 18.38.

Analyst Consensus: Sell

Target	Low	Average	Median	High
Price	$17.5	$17.5	$17.5	$17.5
Change	-4.79%	-4.79%	-4.79%	-4.79%

* Price targets were last updated on Jul 22, 2024.

Analyst Ratings

According to 1 stock analyst, the rating for Medifast is "Sell". This means that the analyst believes this stock is likely to lead to lower returns than market as a whole.

Recommendation Trends

Rating	May '24	Jun '24	Jul '24	Aug '24	Sep '24	Oct '24
Strong Buy	0	0	0	0	0	0
Buy	0	0	0	0	0	0
Hold	2	1	1	1	1	0
Sell	0	1	1	1	1	1
Strong Sell	0	0	0	0	0	0
Total	2	2	2	2	2	1

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Linda Bolton Weiser DA Davidson	DA Davidson	Sell Maintains $18	Sell	Maintains	$18	-4.79%	Jul 22, 2024
Linda Bolton Weiser DA Davidson	DA Davidson	Hold → Sell Downgrades $25 → $18	Hold → Sell	Downgrades	$25 → $18	-4.79%	Jun 5, 2024
Linda Bolton Weiser DA Davidson	DA Davidson	Hold Maintains $40 → $25	Hold	Maintains	$40 → $25	+36.02%	Apr 30, 2024
Linda Bolton Weiser DA Davidson	DA Davidson	Hold Maintains $67 → $40	Hold	Maintains	$67 → $40	+117.63%	Feb 21, 2024
Jim Salera Stephens & Co.	Stephens & Co.	Hold Initiates $82	Hold	Initiates	$82	+346.14%	Oct 13, 2023

More Analyst Ratings

Financial Forecast

Revenue This Year

613.47M

from 1.07B

-42.78%

from 1.07B

Revenue Next Year

561.41M

from 613.47M

-8.49%

from 613.47M

EPS This Year

1.13

from 9.10

-87.62%

from 9.10

EPS Next Year

0.65

from 1.13

-42.18%

from 1.13

Fiscal Year	FY 2019	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025
Period Ending	Dec 31, 2019	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025
Revenue	713.67M	934.84M	1.53B	1.60B	1.07B	613.47M	561.41M
Revenue Growth	42.45%	30.99%	63.25%	4.75%	-32.94%	-42.78%	-8.49%
EPS	6.43	8.68	13.89	12.73	9.10	1.13	0.65
EPS Growth	39.18%	34.99%	60.02%	-8.35%	-28.52%	-87.62%	-42.18%
Forward PE	-	-	-	-	-	16.31	28.21
No. Analysts	-	-	-	-	-	3	3

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2024	2025
High	639.0M	595.8M
Avg	613.5M	561.4M
Low	594.1M	533.4M

Revenue Growth

Revenue Growth	2024	2025
High	-40.4%	-2.9%
Avg	-42.8%	-8.5%
Low	-44.6%	-13.1%

EPS Forecast

EPS	2024	2025
High	1.36	0.83
Avg	1.13	0.65
Low	0.92	0.49

EPS Growth

EPS Growth	2024	2025
High	-85.1%	-26.4%
Avg	-87.6%	-42.2%
Low	-89.9%	-56.5%

Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.