Mesoblast Limited (MESO)
NASDAQ: MESO · IEX Real-Time Price · USD
6.24
+0.09 (1.46%)
At close: Apr 26, 2024, 4:00 PM
6.20
-0.04 (-0.64%)
After-hours: Apr 26, 2024, 7:53 PM EDT
Mesoblast Stock Forecast
Stock Price Forecast
The 3 analysts with 12-month price forecasts for Mesoblast stock have an average target of 27.33, with a low estimate of 6.00 and a high estimate of 68. The average target predicts an increase of 337.98% from the current stock price of 6.24.
Analyst Consensus: Hold
* Price targets were last updated on Sep 21, 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 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Hold | 3 | 3 | 3 | 3 | 3 | 3 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Total | 6 | 6 | 6 | 6 | 6 | 6 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Cantor Fitzgerald | Cantor Fitzgerald | Buy Reiterates $68 | Buy | Reiterates | $68 | +989.74% | Sep 21, 2023 |
| Jefferies | Jefferies | Hold → Strong Buy Upgrades n/a | Hold → Strong Buy | Upgrades | n/a | n/a | Aug 31, 2023 |
| Cantor Fitzgerald | Cantor Fitzgerald | Buy Maintains $92 → $68 | Buy | Maintains | $92 → $68 | +989.74% | Aug 31, 2023 |
| Maxim Group | Maxim Group | Strong Buy → Hold Downgrades n/a | Strong Buy → Hold | Downgrades | n/a | n/a | Aug 7, 2023 |
| William Blair | William Blair | Buy → Hold Downgrades n/a | Buy → Hold | Downgrades | n/a | n/a | Aug 4, 2023 |
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
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 8.4M | 21.4M | 388.2M | 589.0M | 748.5M |
| Avg | 6.5M | 11.1M | 118.9M | 566.5M | 720.0M |
| Low | 1.8M | 7.4M | 8.6M | 549.7M | 698.6M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 12.0% | 230.9% | 3,402.9% | 395.2% | 32.1% |
| Avg | -13.8% | 71.3% | 973.2% | 376.4% | 27.1% |
| Low | -76.2% | 13.6% | -22.8% | 362.2% | 23.3% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| 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 | 2024 | 2025 | 2026 |
|---|---|---|---|
| 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.