Merida Industry Co., Ltd. (TPE:9914)

Merida Industry Stock Forecast

Stock Price Forecast

According to 10 analysts polled by S&P Global, Merida Industry stock has a consensus rating of "Buy" and an average price target of $91.00. The average 1-year stock price forecast is 31.69% higher than the current stock price, while the lowest is $70.00 (+1.30%) and the highest is $150.00 (+117.08%).

Price Target: $91.00 (+31.69%)

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$70.00	$91.00	$81.00	$150.00
Change	+1.30%	+31.69%	+17.22%	+117.08%

Analyst Ratings

The average analyst rating for Merida Industry stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating	Dec '25	Jan '26	Feb '26	Mar '26	Apr '26	May '26
Strong Buy	1	2	2	1	1	3
Buy	3	3	4	3	3	3
Hold	5	4	4	5	5	3
Sell	1	1	1	0	1	1
Strong Sell	1	1	0	0	0	0
Total	11	11	11	9	10	10

Financial Forecast

Revenue This Year

23.97B

Decreased by -10.43%

from 26.76B

Revenue Next Year

25.75B

Increased by 7.44%

from 23.97B

EPS This Year

5.06

Increased by 26.39%

from 4.00

EPS Next Year

6.69

Increased by 32.38%

from 5.06

Fiscal Year	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	29.39B	37.00B	27.26B	29.63B	26.76B	23.97B
Revenue Growth	8.57%	25.90%	-26.33%	8.70%	-9.71%	-10.43%
Gross Profit	4.09B	6.39B	5.11B	5.38B	3.77B	3.79B
Gross Margin	13.91%	17.27%	18.76%	18.16%	14.10%	15.80%
Operating Income	1.59B	3.44B	3.39B	3.03B	1.66B	1.66B
Net Income	4.65B	3.39B	1.69B	-699.10M	1.20B	1.46B
Dividend / Share	8.00	7.00	6.00	4.00	2.80	3.30
Dividend Growth	-	-12.50%	-14.29%	-33.33%	-30.00%	17.71%
Free Cash Flow	-641.10M	24.87M	-679.21M	1.16B	2.09B	2.43B
No. Analysts	-	-	-	-	-	8

Financial currency is TWD.

Revenue Forecast

Revenue	2026	2027	2028
High	25.2B
Avg	24.0B
Low	22.9B

Revenue Growth

Revenue Growth	2026	2027	2028
High	-5.8%
Avg	-10.4%
Low	-14.5%

EPS Forecast

EPS	2026	2027	2028
High	5.70
Avg	5.06
Low	4.74

EPS Growth

EPS Growth	2026	2027	2028
High	42.5%
Avg	26.4%
Low	18.5%

Sources: Price targets and consensus ratings provided by S&P Global Market Intelligence. Historical ratings and analyst data provided by TipRanks. Financial forecast data provided by S&P Global Market Intelligence. The data is sourced from Wall Street analysts. Data sources.