MEI Pharma, Inc. (MEIP)
NASDAQ: MEIP · IEX Real-Time Price · USD
4.000
+0.050 (1.27%)
At close: Mar 28, 2024, 4:00 PM
4.070
+0.070 (1.75%)
After-hours: Mar 28, 2024, 4:30 PM EDT

MEI Pharma Stock Forecast

Stock Price Forecast

The 2 analysts with 12-month price forecasts for MEI Pharma stock have an average target of 43.5, with a low estimate of 7.00 and a high estimate of 80. The average target predicts an increase of 987.50% from the current stock price of 4.00.

Analyst Consensus: Buy
Target Low Average Median High
Price $7.00 $43.5 $80 $80
Change +75.00% +987.50% +1900.0% +1900.0%
* Price targets were last updated on Feb 14, 2024.

Analyst Ratings

The average analyst rating for MEI Pharma stock from 2 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 Oct '23Nov '23Dec '23Jan '24Feb '24Mar '24
Strong Buy 222211
Buy 000000
Hold 333311
Sell 111100
Strong Sell 000000
Total 666622

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Stifel
Stifel
Hold
Maintains
$8$7
Hold Maintains $8$7 +75.00% Feb 14, 2024
Stifel
Stifel
Hold
Maintains
$10$9
Hold Maintains $10$9 +125.00% Sep 27, 2023
Brookline Capital
Brookline Capital
Strong Buy
Maintains
$80
Strong Buy Maintains $80 +1,900.00% May 23, 2023
Stifel
Stifel
Hold
Maintains
$0.5$10
Hold Maintains $0.5$10 +150.00% May 12, 2023
HC Wainwright & Co.
HC Wainwright & Co.
Strong Buy
Maintains
$100$40
Strong Buy Maintains $100$40 +900.00% Feb 13, 2023
More Analyst Ratings

Financial Forecast

Revenue This Year
66.69M
from 48.82M
Increased by 36.62%
Revenue Next Year
6.38M
from 66.69M
Decreased by -90.44%
EPS This Year
3.35
from -4.78
EPS Next Year
-5.97
from 3.35
Year 2019202020212022202320242025202620272028
Revenue
4.92M27.76M34.80M40.70M48.82M66.69M6.38M25.50M25.50M25.50M
Revenue Growth
203.02%464.72%25.36%16.96%19.95%36.62%-90.44%300.00%--
EPS
-15.00-10.40-12.00-9.99-4.783.35-5.97-3.62-1.03-0.95
EPS Growth
----------
No. Analysts -----55433
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20242025202620272028
High 68.7M 13.1M 26.3M 26.3M 26.3M
Avg 66.7M 6.4M 25.5M 25.5M 25.5M
Low 64.0M n/a 24.5M 24.5M 24.5M

Revenue Growth

Revenue Growth 20242025202620272028
High
40.8%
-80.3%
311.8%
2.9%
2.9%
Avg
36.6%
-90.4%
300.0%
- -
Low
31.1%
-
284.3%
-3.9%
-3.9%

EPS Forecast

EPS 20242025202620272028
High 3.50 -5.23 -3.73 -1.06 -0.98
Avg 3.35 -5.97 -3.62 -1.03 -0.95
Low 3.18 -6.59 -3.48 -0.99 -0.91

EPS Growth

EPS Growth 20242025202620272028
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.