MeiraGTx Holdings plc (MGTX)
NASDAQ: MGTX · IEX Real-Time Price · USD
5.09
+0.08 (1.60%)
Apr 19, 2024, 4:00 PM EDT - Market closed
MeiraGTx Holdings Stock Forecast
Stock Price Forecast
The 3 analysts with 12-month price forecasts for MeiraGTx Holdings stock have an average target of 25.67, with a low estimate of 11 and a high estimate of 41. The average target predicts an increase of 404.32% from the current stock price of 5.09.
Analyst Consensus: Strong Buy
* Price targets were last updated on Mar 15, 2024.
Analyst Ratings
The average analyst rating for MGTX stock from 3 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 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| Hold | 0 | 0 | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 3 | 3 | 3 | 3 | 3 | 3 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| RBC Capital | RBC Capital | Buy Reiterates $11 | Buy | Reiterates | $11 | +116.11% | Mar 15, 2024 |
| RBC Capital | RBC Capital | Buy Maintains $13 → $11 | Buy | Maintains | $13 → $11 | +116.11% | Aug 11, 2023 |
| Chardan Capital | Chardan Capital | Strong Buy Reiterates $41 | Strong Buy | Reiterates | $41 | +705.50% | Aug 11, 2023 |
| Piper Sandler | Piper Sandler | Buy Maintains $26 → $25 | Buy | Maintains | $26 → $25 | +391.16% | May 12, 2023 |
| Chardan Capital | Chardan Capital | Strong Buy Maintains $47 → $41 | Strong Buy | Maintains | $47 → $41 | +705.50% | Mar 16, 2023 |
Financial Forecast
Revenue This Year
56.88M
Revenue Next Year
278.41M
from 56.88M
Increased by 389.47%
EPS This Year
-1.81
from -1.49
EPS Next Year
1.51
from -1.81
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 92.3M | 291.9M | 508.2M | 752.9M | 1.2B |
| Avg | 56.9M | 278.4M | 417.2M | 597.7M | 886.1M |
| Low | 11.8M | 264.2M | 327.4M | 445.9M | 571.7M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | - | 413.2% | 82.5% | 80.5% | 102.8% |
| Avg | - | 389.5% | 49.9% | 43.3% | 48.2% |
| Low | - | 364.5% | 17.6% | 6.9% | -4.4% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | -1.29 | 4.05 | 1.24 | 3.19 | 7.74 |
| Avg | -1.81 | 1.51 | 0.69 | 2.10 | 4.90 |
| Low | -2.78 | 0.25 | 0.17 | 1.05 | 2.19 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | - | - | -17.9% | 363.6% | 269.2% |
| Avg | - | - | -54.4% | 204.4% | 133.6% |
| Low | - | - | -89.0% | 52.3% | 4.3% |
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.