MIGI Stock Forecast

Stock Price Forecast

The 1 analyst with a 12-month price forecast for MIGI stock has a target of 1.00, which predicts a decrease of -44.44% from the current stock price of 1.80.

Analyst Consensus: Hold

Target	Low	Average	Median	High
Price	$1.00	$1.00	$1.00	$1.00
Change	-44.44%	-44.44%	-44.44%	-44.44%

* Price targets were last updated on Apr 1, 2024.

Analyst Ratings

The average analyst rating for MIGI stock from 2 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.

Recommendation Trends

Rating	Jun '24	Jul '24	Aug '24	Sep '24	Oct '24	Nov '24
Strong Buy	1	0	0	0	0	0
Buy	0	0	0	0	0	0
Hold	1	2	2	2	2	2
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	2	2	2	2	2	2

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Kevin Dede HC Wainwright & Co.	HC Wainwright & Co.	Hold Reiterates n/a	Hold	Reiterates	n/a	n/a	Aug 21, 2024
Kevin Dede HC Wainwright & Co.	HC Wainwright & Co.	Strong Buy → Hold Downgrades n/a	Strong Buy → Hold	Downgrades	n/a	n/a	Jul 31, 2024
Kevin Dede HC Wainwright & Co.	HC Wainwright & Co.	Strong Buy Reiterates $3	Strong Buy	Reiterates	$3	+66.67%	May 22, 2024
Kevin Dede HC Wainwright & Co.	HC Wainwright & Co.	Strong Buy Reiterates $3	Strong Buy	Reiterates	$3	+66.67%	Apr 4, 2024
Josh Siegler Cantor Fitzgerald	Cantor Fitzgerald	Hold Reiterates $1	Hold	Reiterates	$1	-44.44%	Apr 1, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

50.89M

from 43.57M

16.78%

from 43.57M

Revenue Next Year

97.67M

from 50.89M

91.94%

from 50.89M

EPS This Year

-1.65

from -3.86

EPS Next Year

0.09

from -1.65

Fiscal Year	FY 2019	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025
Period Ending	Dec 31, 2019	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025
Revenue	870.55K	4.45M	43.86M	84.39M	43.57M	50.89M	97.67M
Revenue Growth	-	411.04%	885.93%	92.39%	-48.37%	16.78%	91.94%
EPS	-65.81	-42.56	-4.79	-4.16	-3.86	-1.65	0.09
EPS Growth	-	-	-	-	-	-	-
Forward PE	-	-	-	-	-	-	19.61
No. Analysts	-	-	-	-	-	4	3

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2024	2025
High	63.2M	100.5M
Avg	50.9M	97.7M
Low	38.8M	93.8M

Revenue Growth

Revenue Growth	2024	2025
High	45.0%	97.6%
Avg	16.8%	91.9%
Low	-10.9%	84.4%

EPS Forecast

EPS	2024	2025
High	-0.44	0.09
Avg	-1.65	0.09
Low	-2.76	0.09

EPS Growth

EPS Growth	2024	2025
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.