Mesoblast Limited (MESO)
NASDAQ: MESO · IEX Real-Time Price · USD
7.24
-0.04 (-0.55%)
Jun 17, 2024, 4:00 PM EDT - Market closed

Mesoblast Stock Forecast

Stock Price Forecast

The 2 analysts with 12-month price forecasts for Mesoblast stock have an average target of 7.00, with a low estimate of 6.00 and a high estimate of 8.00. The average target predicts a decrease of -3.31% from the current stock price of 7.24.

Analyst Consensus: Hold
Target Low Average Median High
Price $6.00 $7.00 $8.00 $8.00
Change -17.13% -3.31% +10.50% +10.50%
* Price targets were last updated on Aug 4, 2023.

Analyst Ratings

The average analyst rating for Mesoblast stock from 6 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.

Recommendation Trends

Rating Jan '24Feb '24Mar '24Apr '24May '24Jun '24
Strong Buy 111111
Buy 111111
Hold 333333
Sell 000000
Strong Sell 111111
Total 666666

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Cantor Fitzgerald
Cantor Fitzgerald
Buy
Reiterates
n/a
Buy Reiterates n/a n/a Jun 4, 2024
Cantor Fitzgerald
Cantor Fitzgerald
Buy
Reiterates
$68
Buy Reiterates $68 +839.23% Sep 21, 2023
Jefferies
Jefferies
Strong Buy
Upgrades
n/a
Strong Buy Upgrades n/a n/a Aug 31, 2023
Cantor Fitzgerald
Cantor Fitzgerald
Buy
Maintains
$92$68
Buy Maintains $92$68 +839.23% Aug 31, 2023
Maxim Group
Maxim Group
Hold
Downgrades
n/a
Hold Downgrades n/a n/a Aug 7, 2023
More Analyst Ratings

Financial Forecast

Revenue This Year
6.47M
from 7.50M
Decreased by -13.76%
Revenue Next Year
11.08M
from 6.47M
Increased by 71.31%
EPS This Year
-0.39
from -1.11
EPS Next Year
-0.43
from -0.39
Year 20192020202120222023202420252026202720282029
Revenue
16.72M32.16M7.43M10.21M7.50M6.47M11.08M118.93M566.53M720.00M826.11M
Revenue Growth
-3.57%92.30%-76.88%37.36%-26.54%-13.76%71.31%973.18%376.36%27.09%14.74%
EPS
-1.82-1.47-1.63-1.41-1.11-0.39-0.430.56---
EPS Growth
-----------
Forward PE
-------12.90---
No. Analysts -----665222
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 202420252026202720282029
High 8.4M 21.4M 388.2M 589.0M 748.5M 858.8M
Avg 6.5M 11.1M 118.9M 566.5M 720.0M 826.1M
Low 1.8M 7.4M 8.6M 549.7M 698.6M 801.6M

Revenue Growth

Revenue Growth 202420252026202720282029
High
12.0%
230.9%
3,402.9%
395.2%
32.1%
19.3%
Avg
-13.8%
71.3%
973.2%
376.4%
27.1%
14.7%
Low
-76.2%
13.6%
-22.8%
362.2%
23.3%
11.3%

EPS Forecast

EPS 202420252026
High -0.06 -0.06 1.85
Avg -0.39 -0.43 0.56
Low -0.74 -0.77 -0.05

EPS Growth

EPS Growth 202420252026
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.