Malibu Boats, Inc. (MBUU)
NASDAQ: MBUU · IEX Real-Time Price · USD
33.09
-0.68 (-2.01%)
At close: Jul 2, 2024, 4:00 PM
33.46
+0.37 (1.12%)
After-hours: Jul 2, 2024, 7:59 PM EDT
Malibu Boats Stock Forecast
Stock Price Forecast
The 6 analysts with 12-month price forecasts for Malibu Boats stock have an average target of 42.67, with a low estimate of 38 and a high estimate of 53. The average target predicts an increase of 28.95% from the current stock price of 33.09.
Analyst Consensus: Buy
* Price targets were last updated on May 22, 2024.
Analyst Ratings
The average analyst rating for Malibu Boats stock from 7 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 2 | 2 |
| Buy | 4 | 4 | 4 | 2 | 2 | 2 |
| Hold | 2 | 2 | 2 | 3 | 3 | 3 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 7 | 7 | 7 | 6 | 7 | 7 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Benchmark | Benchmark | Strong Buy Initiates $44 | Strong Buy | Initiates | $44 | +32.97% | May 22, 2024 |
| Keybanc | Keybanc | Buy Maintains $50 → $38 | Buy | Maintains | $50 → $38 | +14.84% | May 3, 2024 |
| Truist Securities | Truist Securities | Strong Buy Maintains $52 → $42 | Strong Buy | Maintains | $52 → $42 | +26.93% | May 3, 2024 |
| Baird | Baird | Buy Maintains $50 → $40 | Buy | Maintains | $50 → $40 | +20.88% | May 3, 2024 |
| B. Riley Securities | B. Riley Securities | Hold Maintains $45 → $39 | Hold | Maintains | $45 → $39 | +17.86% | Apr 16, 2024 |
Financial Forecast
Revenue This Year
844.23M
from 1.39B
Decreased by -39.19%
Revenue Next Year
945.80M
from 844.23M
Increased by 12.03%
EPS This Year
2.06
from 5.06
Decreased by -59.19%
EPS Next Year
3.76
from 2.06
Increased by 82.33%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 882.1M | 1.1B | 1.1B | 1.0B | 1.1B | 1.2B |
| Avg | 844.2M | 945.8M | 996.0M | 997.1M | 1.1B | 1.2B |
| Low | 802.4M | 830.1M | 883.3M | 958.0M | 1.0B | 1.1B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | -36.5% | 26.7% | 14.0% | 3.0% | 9.5% | 11.7% |
| Avg | -39.2% | 12.0% | 5.3% | 0.1% | 6.4% | 8.5% |
| Low | -42.2% | -1.7% | -6.6% | -3.8% | 2.2% | 4.2% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 2.27 | 4.85 | 4.99 | 5.62 | 6.60 | 7.97 |
| Avg | 2.06 | 3.76 | 4.69 | 5.46 | 6.42 | 7.74 |
| Low | 1.81 | 2.70 | 4.41 | 5.24 | 6.16 | 7.44 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | -55.2% | 134.9% | 32.5% | 19.7% | 21.0% | 24.2% |
| Avg | -59.2% | 82.3% | 24.6% | 16.3% | 17.6% | 20.7% |
| Low | -64.2% | 30.5% | 17.1% | 11.7% | 13.0% | 15.9% |
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.