Mesoblast Limited (MESO)
NASDAQ: MESO · Real-Time Price · USD
8.34
-0.14 (-1.65%)
At close: Nov 4, 2024, 4:00 PM
8.20
-0.14 (-1.68%)
After-hours: Nov 4, 2024, 7:33 PM EST
Mesoblast Stock Forecast
Stock Price Forecast
The 2 analysts with 12-month price forecasts for Mesoblast stock have an average target of 11.5, with a low estimate of 11 and a high estimate of 12. The average target predicts an increase of 37.89% from the current stock price of 8.34.
Analyst Consensus: Strong Buy
* Price targets were last updated on Sep 24, 2024.
Analyst Ratings
The average analyst rating for Mesoblast stock from 4 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | May '24 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 2 | 2 |
| Buy | 1 | 1 | 2 | 2 | 2 | 2 |
| Hold | 3 | 3 | 2 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 1 | 1 | 1 | 0 | 0 | 0 |
| Total | 6 | 6 | 6 | 3 | 4 | 4 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Maxim Group | Maxim Group | Hold → Strong Buy Upgrades $12 | Hold → Strong Buy | Upgrades | $12 | +43.88% | Sep 24, 2024 |
| Jefferies | Jefferies | Hold → Strong Buy Upgrades n/a | Hold → Strong Buy | Upgrades | n/a | n/a | Aug 29, 2024 |
| Cantor Fitzgerald | Cantor Fitzgerald | Buy Reiterates n/a | Buy | Reiterates | n/a | n/a | Aug 29, 2024 |
| Piper Sandler | Piper Sandler | Hold → Buy Upgrades $4 → $11 | Hold → Buy | Upgrades | $4 → $11 | +31.89% | Jul 23, 2024 |
| Cantor Fitzgerald | Cantor Fitzgerald | Buy Reiterates n/a | Buy | Reiterates | n/a | n/a | Jun 20, 2024 |
Financial Forecast
Revenue This Year
9.80M
from 5.90M
Increased by 66.05%
Revenue Next Year
43.93M
from 9.80M
Increased by 348.27%
EPS This Year
-0.40
from -0.09
EPS Next Year
-0.34
from -0.40
Revenue Forecast
| Revenue | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 13.8M | 61.5M | 319.5M | ||
| Avg | 9.8M | 43.9M | 244.1M | ||
| Low | 5.9M | 29.3M | 181.3M |
Revenue Growth
| Revenue Growth | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 133.1% | 527.9% | 627.3% | ||
| Avg | 66.0% | 348.3% | 455.5% | ||
| Low | -0.4% | 198.8% | 312.7% |
EPS Forecast
| EPS | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | -0.06 | -0.04 | 0.81 |
| Avg | -0.40 | -0.34 | 0.30 |
| Low | -0.75 | -0.73 | 0.01 |
EPS Growth
| EPS Growth | 2025 | 2026 | 2027 |
|---|---|---|---|
| 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.