Mustang Bio, Inc. (MBIO)
NASDAQ: MBIO · IEX Real-Time Price · USD
0.316
-0.041 (-11.58%)
At close: Apr 26, 2024, 4:00 PM
0.329
+0.013 (4.02%)
After-hours: Apr 26, 2024, 4:59 PM EDT
Mustang Bio Stock Forecast
MBIO's stock price has decreased by -91.87% in the past year and price targets may not have had time to catch up.
Stock Price Forecast
The 3 analysts with 12-month price forecasts for Mustang Bio stock have an average target of 19.67, with a low estimate of 16 and a high estimate of 25. The average target predicts an increase of 6,122.71% from the current stock price of 0.32.
Analyst Consensus: Strong Buy
* Price targets were last updated on Aug 24, 2023.
Analyst Ratings
The average analyst rating for Mustang Bio stock from 3 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 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| Buy | 1 | 1 | 1 | 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 | 3 | 3 | 3 | 3 | 3 | 3 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Cantor Fitzgerald | Cantor Fitzgerald | Buy Reiterates $18 | Buy | Reiterates | $18 | +5,594.40% | Aug 24, 2023 |
| HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy Reiterates $25 | Strong Buy | Reiterates | $25 | +7,808.89% | Aug 16, 2023 |
| BTIG | BTIG | Strong Buy Maintains $20 → $16 | Strong Buy | Maintains | $20 → $16 | +4,961.69% | Aug 15, 2023 |
| HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy Reiterates $25 | Strong Buy | Reiterates | $25 | +7,808.89% | Aug 15, 2023 |
| BTIG | BTIG | Strong Buy Maintains $4 → $20 | Strong Buy | Maintains | $4 → $20 | +6,227.11% | Jun 16, 2023 |
Financial Forecast
Revenue This Year
n/a
Revenue Next Year
n/a
EPS This Year
-3.64
from -6.00
EPS Next Year
-5.14
from -3.64
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 | -3.75 | -5.29 |
| Avg | -3.64 | -5.14 |
| Low | -3.50 | -4.94 |
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.