Mustang Bio Stock Forecast

MBIO's stock price has decreased by -87.18% in the past year and price targets may not have had time to catch up.

Stock Price Forecast

The 1 analyst with a 12-month price forecast for Mustang Bio stock has a target of 2.00, which predicts an increase of 862.93% from the current stock price of 0.21.

Analyst Consensus: Strong Buy

Target	Low	Average	Median	High
Price	$2.00	$2.00	$2.00	$2.00
Change	+862.93%	+862.93%	+862.93%	+862.93%

* Price targets were last updated on May 16, 2024.

Analyst Ratings

According to 1 stock analyst, the rating for Mustang Bio is "Strong Buy". This means that the analyst believes this stock is likely to perform very well in the near future and significantly outperform the market.

Recommendation Trends

Rating	Jun '24	Jul '24	Aug '24	Sep '24	Oct '24	Nov '24
Strong Buy	2	2	2	2	2	1
Buy	1	1	1	1	1	0
Hold	0	0	0	0	0	0
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	3	3	3	3	3	1

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Joseph Pantginis HC Wainwright & Co.	HC Wainwright & Co.	Strong Buy Reiterates $2	Strong Buy	Reiterates	$2	+862.93%	May 16, 2024
Joseph Pantginis HC Wainwright & Co.	HC Wainwright & Co.	Strong Buy Maintains $25 → $2	Strong Buy	Maintains	$25 → $2	+862.93%	May 13, 2024
Kristen Kluska Cantor Fitzgerald	Cantor Fitzgerald	Buy Reiterates $18	Buy	Reiterates	$18	+8,566.35%	Aug 24, 2023
Joseph Pantginis HC Wainwright & Co.	HC Wainwright & Co.	Strong Buy Reiterates $25	Strong Buy	Reiterates	$25	+11,936.59%	Aug 16, 2023
Justin Zelin BTIG	BTIG	Strong Buy Maintains $20 → $16	Strong Buy	Maintains	$20 → $16	+7,603.42%	Aug 15, 2023

More Analyst Ratings

Financial Forecast

Revenue This Year

n/a

Revenue Next Year

n/a

EPS This Year

-0.62

from -6.00

EPS Next Year

-0.36

from -0.62

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	-	-	-	-	-	-	-
Revenue Growth	-	-	-	-	-	-	-
EPS	-19.30	-17.12	-11.33	-10.09	-6.00	-0.62	-0.36
EPS Growth	-	-	-	-	-	-	-
Forward PE	-	-	-	-	-	-	-
No. Analysts	-	-	-	-	-	3	3

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

Revenue Forecast

Revenue	2024	2025
High	n/a	n/a
Avg	n/a	n/a
Low	n/a	n/a

Revenue Growth

Revenue Growth	2024	2025
High	-	-
Avg	-	-
Low	-	-

EPS Forecast

EPS	2024	2025
High	-0.64	-0.37
Avg	-0.62	-0.36
Low	-0.60	-0.34

EPS Growth

EPS Growth	2024	2025
High	-	-
Avg	-	-
Low	-	-

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.