MiMedx Group, Inc. (MDXG)
NASDAQ: MDXG · Real-Time Price · USD
6.15
-0.07 (-1.13%)
Sep 17, 2024, 3:18 PM EDT - Market open
MiMedx Group Stock Forecast
Stock Price Forecast
The 5 analysts with 12-month price forecasts for MiMedx Group stock have an average target of 12, with a low estimate of 11 and a high estimate of 14. The average target predicts an increase of 95.12% from the current stock price of 6.15.
Analyst Consensus: Strong Buy
* Price targets were last updated on Aug 1, 2024.
Analyst Ratings
The average analyst rating for MiMedx Group stock from 5 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Apr '24 | May '24 | Jun '24 | Jul '24 | Aug '24 | Sep '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 4 | 4 | 4 | 4 | 4 | 4 |
| Buy | 0 | 0 | 0 | 1 | 1 | 1 |
| Hold | 0 | 0 | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 4 | 4 | 4 | 5 | 5 | 5 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Cantor Fitzgerald | Cantor Fitzgerald | Buy Reiterates $11 | Buy | Reiterates | $11 | +78.86% | Aug 1, 2024 |
| Craig-Hallum | Craig-Hallum | Strong Buy Maintains $14 → $12 | Strong Buy | Maintains | $14 → $12 | +95.12% | Aug 1, 2024 |
| Cantor Fitzgerald | Cantor Fitzgerald | Buy Initiates $11 | Buy | Initiates | $11 | +78.86% | Jul 2, 2024 |
| HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy Reiterates $11 | Strong Buy | Reiterates | $11 | +78.86% | May 1, 2024 |
| Lake Street | Lake Street | Strong Buy Initiates $12 | Strong Buy | Initiates | $12 | +95.12% | Mar 7, 2024 |
Financial Forecast
Revenue This Year
349.66M
from 321.48M
Increased by 8.77%
Revenue Next Year
389.35M
from 349.66M
Increased by 11.35%
EPS This Year
0.28
from 0.36
Decreased by -24.23%
EPS Next Year
0.32
from 0.28
Increased by 17.04%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 363.0M | 418.0M | 471.6M | ||
| Avg | 349.7M | 389.4M | 447.8M | ||
| Low | 328.7M | 364.8M | 420.3M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 12.9% | 19.5% | 21.1% | ||
| Avg | 8.8% | 11.4% | 15.0% | ||
| Low | 2.2% | 4.3% | 8.0% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 0.30 | 0.40 | 0.50 |
| Avg | 0.28 | 0.32 | 0.44 |
| Low | 0.23 | 0.28 | 0.37 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -16.2% | 44.9% | 56.4% |
| Avg | -24.2% | 17.0% | 36.1% |
| Low | -38.0% | 3.2% | 15.5% |
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.