MEI Pharma, Inc. (MEIP)
NASDAQ: MEIP · Real-Time Price · USD
2.800
0.00 (0.00%)
Nov 21, 2024, 2:48 PM EST - Market open

MEI Pharma Stock Forecast

Stock Price Forecast

The 1 analyst with a 12-month price forecast for MEI Pharma stock has a target of 7.00, which predicts an increase of 150.00% from the current stock price of 2.80.

Analyst Consensus: Hold
Target Low Average Median High
Price $7.00 $7.00 $7.00 $7.00
Change +150.00% +150.00% +150.00% +150.00%
* Price targets were last updated on Apr 12, 2024.

Analyst Ratings

The average analyst rating for MEI Pharma 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 Jun '24Jul '24Aug '24Sep '24Oct '24Nov '24
Strong Buy 100000
Buy 000000
Hold 122222
Sell 000000
Strong Sell 000000
Total 222222

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Laidlaw & Co.
Laidlaw & Co.
Hold
Downgrades
n/a
Hold Downgrades n/a n/a Jul 23, 2024
Stifel
Stifel
Hold
Maintains
$7
Hold Maintains $7 +150.00% Apr 12, 2024
Stifel
Stifel
Hold
Maintains
$8$7
Hold Maintains $8$7 +150.00% Feb 14, 2024
Stifel
Stifel
Hold
Maintains
$10$9
Hold Maintains $10$9 +221.43% Sep 27, 2023
Brookline Capital
Brookline Capital
Strong Buy
Maintains
$80
Strong Buy Maintains $80 +2,757.14% May 23, 2023
More Analyst Ratings

Financial Forecast

Revenue This Year
6.38M
from 65.30M
Decreased by -90.24%
Revenue Next Year
25.50M
from 6.38M
Increased by 300.00%
EPS This Year
-5.80
from 2.67
EPS Next Year
-3.78
from -5.80
Fiscal Year FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026 FY 2027
Period Ending Jun 30, 2020 Jun 30, 2021 Jun 30, 2022 Jun 30, 2023 Jun 30, 2024 Jun 30, 2025 Jun 30, 2026 Jun 30, 2027
Revenue
27.76M34.80M40.70M48.82M65.30M6.38M25.50M25.50M
Revenue Growth
464.72%25.36%16.96%19.95%33.76%-90.24%300.00%-
EPS
-10.36-12.00-9.99-4.782.67-5.80-3.78-1.59
EPS Growth
--------
Forward PE
--------
No. Analysts -----544
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 2025202620272028
High 13.1M 26.3M 26.3M
Avg 6.4M 25.5M 25.5M
Low n/a 24.5M 24.5M

Revenue Growth

Revenue Growth 2025202620272028
High
-79.9%
311.8%
2.9%
Avg
-90.2%
300.0%
-
Low -
284.3%
-3.9%

EPS Forecast

EPS 2025202620272028
High -5.35 -3.90 -1.64
Avg -5.80 -3.78 -1.59
Low -6.15 -3.64 -1.53

EPS Growth

EPS Growth 2025202620272028
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.