Malibu Boats Stock Forecast

Stock Price Forecast

The 5 analysts with 12-month price forecasts for Malibu Boats stock have an average target of 50.8, with a low estimate of 45 and a high estimate of 54. The average target predicts an increase of 40.56% from the current stock price of 36.14.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$45	$50.8	$52	$54
Change	+24.52%	+40.56%	+43.88%	+49.42%

* Price targets were last updated on Jan 31, 2024.

Analyst Ratings

The average analyst rating for Malibu Boats stock from 6 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	Nov '23	Dec '23	Jan '24	Feb '24	Mar '24	Apr '24
Strong Buy	1	1	1	1	1	1
Buy	4	4	4	4	4	2
Hold	2	2	2	2	2	3
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	7	7	7	7	7	6

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Joseph Altobello Raymond James	Raymond James	Buy → Hold Downgrades n/a	Buy → Hold	Downgrades	n/a	n/a	Apr 15, 2024
Noah Zatzkin Keybanc	Keybanc	Buy Maintains $58 → $50	Buy	Maintains	$58 → $50	+38.35%	Jan 31, 2024
Joseph Altobello Raymond James	Raymond James	Buy Maintains $59 → $46	Buy	Maintains	$59 → $46	+27.28%	Jan 31, 2024
Michael Swartz Truist Securities	Truist Securities	Strong Buy Maintains $62 → $52	Strong Buy	Maintains	$62 → $52	+43.88%	Jan 31, 2024
Eric Wold B. Riley Securities	B. Riley Securities	Hold Maintains $56 → $45	Hold	Maintains	$56 → $45	+24.52%	Jan 31, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

911.06M

from 1.39B

-34.38%

from 1.39B

Revenue Next Year

993.77M

from 911.06M

9.08%

from 911.06M

EPS This Year

2.89

from 5.06

-42.81%

from 5.06

EPS Next Year

4.53

from 2.89

56.50%

from 2.89

Year	2019	2020	2021	2022	2023	2024	2025	2026	2027	2028
Revenue	684.02M	653.16M	926.52M	1.21B	1.39B	911.06M	993.77M	1.07B	1.39B	1.47B
Revenue Growth	37.63%	-4.51%	41.85%	31.12%	14.28%	-34.38%	9.08%	7.17%	30.42%	6.12%
EPS	3.15	2.95	5.23	7.51	5.06	2.89	4.53	5.48	9.23	10.63
EPS Growth	131.62%	-6.35%	77.29%	43.59%	-32.62%	-42.81%	56.50%	21.06%	68.37%	15.14%
No. Analysts	-	-	-	-	-	10	10	4	3	3

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

Revenue Forecast

Revenue	2024	2025	2026	2027	2028
High	950.3M	1.1B	1.1B	1.4B	1.5B
Avg	911.1M	993.8M	1.1B	1.4B	1.5B
Low	856.6M	900.7M	1.0B	1.3B	1.4B

Revenue Growth

Revenue Growth	2024	2025	2026	2027	2028
High	-31.6%	24.0%	11.8%	34.3%	9.2%
Avg	-34.4%	9.1%	7.2%	30.4%	6.1%
Low	-38.3%	-1.1%	1.5%	25.4%	1.9%

EPS Forecast

EPS	2024	2025	2026	2027	2028
High	3.38	5.29	6.21	9.50	10.94
Avg	2.89	4.53	5.48	9.23	10.63
Low	2.59	3.24	4.74	8.87	10.21

EPS Growth

EPS Growth	2024	2025	2026	2027	2028
High	-33.2%	82.9%	37.0%	73.3%	18.5%
Avg	-42.8%	56.5%	21.1%	68.4%	15.1%
Low	-48.9%	12.1%	4.7%	61.8%	10.6%

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.