MeiraGTx Holdings plc (MGTX)
NASDAQ: MGTX · Real-Time Price · USD
6.00
+0.18 (3.09%)
Nov 21, 2024, 12:43 PM EST - Market open

MeiraGTx Holdings Stock Forecast

Stock Price Forecast

The 2 analysts with 12-month price forecasts for MeiraGTx Holdings stock have an average target of 23.5, with a low estimate of 11 and a high estimate of 36. The average target predicts an increase of 291.67% from the current stock price of 6.00.

Analyst Consensus: Strong Buy
Target Low Average Median High
Price $11 $23.5 $36 $36
Change +83.33% +291.67% +500.00% +500.00%

Analyst Ratings

The average analyst rating for MGTX stock from 2 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 Jun '24Jul '24Aug '24Sep '24Oct '24Nov '24
Strong Buy 121111
Buy 211111
Hold 000000
Sell 000000
Strong Sell 000000
Total 332222

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Chardan Capital
Chardan Capital
Strong Buy
Maintains
$36
Strong Buy Maintains $36 +500.00% Nov 18, 2024
RBC Capital
RBC Capital
Buy
Maintains
$9$11
Buy Maintains $9$11 +83.33% Nov 14, 2024
RBC Capital
RBC Capital
Buy
Maintains
$11$9
Buy Maintains $11$9 +50.00% Aug 13, 2024
Chardan Capital
Chardan Capital
Strong Buy
Maintains
$36
Strong Buy Maintains $36 +500.00% Jul 31, 2024
RBC Capital
RBC Capital
Buy
Reiterates
$11
Buy Reiterates $11 +83.33% Mar 15, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
4.33M
from 14.02M
Decreased by -69.14%
Revenue Next Year
232.88M
from 4.33M
Increased by 5,284.51%
EPS This Year
-1.81
from -1.49
EPS Next Year
0.84
from -1.81
Fiscal Year FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026
Period Ending Dec 31, 2019 Dec 31, 2020 Dec 31, 2021 Dec 31, 2022 Dec 31, 2023 Dec 31, 2024 Dec 31, 2025 Dec 31, 2026
Revenue
13.29M15.56M37.70M15.92M14.02M4.33M232.88M208.61M
Revenue Growth
-17.09%142.25%-57.77%-11.95%-69.14%5,284.51%-10.42%
EPS
-1.65-1.54-1.80-2.87-1.49-1.810.840.15
EPS Growth
--------81.87%
Forward PE
------7.1139.22
No. Analysts -----664
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20242025202620272028
High 7.4M 283.1M 350.7M
Avg 4.3M 232.9M 208.6M
Low 1.5M 183.3M 73.5M

Revenue Growth

Revenue Growth 20242025202620272028
High
-47.6%
6,445.7%
50.6%
Avg
-69.1%
5,284.5%
-10.4%
Low
-89.7%
4,137.2%
-68.4%

EPS Forecast

EPS 202420252026
High -1.41 2.84 0.16
Avg -1.81 0.84 0.15
Low -2.21 -0.62 0.15

EPS Growth

EPS Growth 202420252026
High - -
-81.3%
Avg - -
-81.9%
Low - -
-82.6%
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.