Mesoblast Limited (MESO)
NASDAQ: MESO · IEX Real-Time Price · USD
7.40
-0.02 (-0.27%)
At close: Jul 26, 2024, 4:00 PM
7.30
-0.10 (-1.35%)
After-hours: Jul 26, 2024, 7:20 PM EDT
Mesoblast Stock Forecast
Stock Price Forecast
The 2 analysts with 12-month price forecasts for Mesoblast stock have an average target of 8.50, with a low estimate of 6.00 and a high estimate of 11. The average target predicts an increase of 14.86% from the current stock price of 7.40.
Analyst Consensus: Hold
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 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Buy | 1 | 1 | 1 | 1 | 1 | 2 |
| Hold | 3 | 3 | 3 | 3 | 3 | 2 |
| 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 |
|---|---|---|---|---|---|---|---|
| Piper Sandler | Piper Sandler | Hold → Buy Upgrades $4 → $11 | Hold → Buy | Upgrades | $4 → $11 | +48.65% | Jul 23, 2024 |
| Cantor Fitzgerald | Cantor Fitzgerald | Buy Reiterates n/a | Buy | Reiterates | n/a | n/a | Jun 20, 2024 |
| 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 | +818.92% | Sep 21, 2023 |
| Jefferies | Jefferies | Hold → Strong Buy Upgrades n/a | Hold → Strong Buy | Upgrades | n/a | n/a | Aug 31, 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 | 2029 |
|---|---|---|---|---|---|---|
| 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 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| 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 | 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.