Medifast, Inc. (MED)
NYSE: MED · IEX Real-Time Price · USD
38.32
+0.79 (2.10%)
Mar 28, 2024, 4:00 PM EDT - Market closed

Medifast Stock Forecast

Stock Price Forecast

The 2 analysts with 12-month price forecasts for Medifast stock have an average target of 61, with a low estimate of 40 and a high estimate of 82. The average target predicts an increase of 59.19% from the current stock price of 38.32.

Analyst Consensus: Hold
Target Low Average Median High
Price $40 $61 $82 $82
Change +4.38% +59.19% +113.99% +113.99%
* Price targets were last updated on Feb 21, 2024.

Analyst Ratings

The average analyst rating for Medifast stock from 2 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.

Recommendation Trends

Rating Oct '23Nov '23Dec '23Jan '24Feb '24Mar '24
Strong Buy 000000
Buy 000000
Hold 222222
Sell 000000
Strong Sell 000000
Total 222222

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
DA Davidson
DA Davidson
Hold
Maintains
$67$40
Hold Maintains $67$40 +4.38% Feb 21, 2024
Stephens & Co.
Stephens & Co.
Hold
Initiates
$82
Hold Initiates $82 +113.99% Oct 13, 2023
DA Davidson
DA Davidson
Hold
Maintains
$93$80
Hold Maintains $93$80 +108.77% Aug 8, 2023
DA Davidson
DA Davidson
Hold
Maintains
$75$93
Hold Maintains $75$93 +142.69% Jul 31, 2023
DA Davidson
DA Davidson
Hold
Maintains
$94$71
Hold Maintains $94$71 +85.28% May 2, 2023
More Analyst Ratings

Financial Forecast

Revenue This Year
701.29M
from 1.07B
Decreased by -34.58%
Revenue Next Year
763.31M
from 701.29M
Increased by 8.84%
EPS This Year
1.92
from 9.10
Decreased by -78.86%
EPS Next Year
3.16
from 1.92
Increased by 64.53%
Year 2019202020212022202320242025
Revenue
713.67M934.84M1.53B1.60B1.07B701.29M763.31M
Revenue Growth
42.45%30.99%63.25%4.75%-32.94%-34.58%8.84%
EPS
6.438.6813.8912.739.101.923.16
EPS Growth
39.18%34.99%60.02%-8.35%-28.52%-78.86%64.53%
No. Analysts -----33
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20242025
High 766.9M 805.4M
Avg 701.3M 763.3M
Low 645.1M 729.6M

Revenue Growth

Revenue Growth 20242025
High
-28.5%
14.8%
Avg
-34.6%
8.8%
Low
-39.8%
4.0%

EPS Forecast

EPS 20242025
High 2.05 3.83
Avg 1.92 3.16
Low 1.82 2.57

EPS Growth

EPS Growth 20242025
High
-77.5%
99.1%
Avg
-78.9%
64.5%
Low
-80.0%
33.5%
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.