Markforged Holding Corporation (MKFG)
NYSE: MKFG · IEX Real-Time Price · USD
0.419
+0.003 (0.67%)
At close: Jul 2, 2024, 4:00 PM
0.430
+0.011 (2.63%)
After-hours: Jul 2, 2024, 7:31 PM EDT
Markforged Holding Stock Forecast
Stock Price Forecast
The 2 analysts with 12-month price forecasts for Markforged Holding stock have an average target of 1.50, with a low estimate of 1.30 and a high estimate of 1.70. The average target predicts an increase of 258.17% from the current stock price of 0.42.
Analyst Consensus: Hold
* Price targets were last updated on May 9, 2024.
Analyst Ratings
The average analyst rating for MKFG stock from 4 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 0 | 1 | 1 | 1 | 1 | 1 |
| Hold | 3 | 3 | 3 | 3 | 3 | 3 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 3 | 4 | 4 | 4 | 4 | 4 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Cantor Fitzgerald | Cantor Fitzgerald | Buy Maintains $1.45 → $1.3 | Buy | Maintains | $1.45 → $1.3 | +210.41% | May 9, 2024 |
| Cantor Fitzgerald | Cantor Fitzgerald | Buy Reiterates $1.45 | Buy | Reiterates | $1.45 | +246.23% | Mar 8, 2024 |
| Cantor Fitzgerald | Cantor Fitzgerald | Buy Initiates $1.45 | Buy | Initiates | $1.45 | +246.23% | Feb 28, 2024 |
| Craig-Hallum | Craig-Hallum | Strong Buy → Hold Downgrades n/a | Strong Buy → Hold | Downgrades | n/a | n/a | Oct 25, 2023 |
| William Blair | William Blair | Buy → Hold Downgrades n/a | Buy → Hold | Downgrades | n/a | n/a | Oct 24, 2023 |
Financial Forecast
Revenue This Year
100.63M
from 93.78M
Increased by 7.30%
Revenue Next Year
112.42M
from 100.63M
Increased by 11.72%
EPS This Year
-0.21
from -0.53
EPS Next Year
-0.18
from -0.21
Revenue Forecast
| Revenue | 2024 | 2025 |
|---|---|---|
| High | 105.1M | 118.9M |
| Avg | 100.6M | 112.4M |
| Low | 95.1M | 105.6M |
Revenue Growth
| Revenue Growth | 2024 | 2025 |
|---|---|---|
| High | 12.1% | 18.1% |
| Avg | 7.3% | 11.7% |
| Low | 1.4% | 4.9% |
EPS Forecast
| EPS | 2024 | 2025 |
|---|---|---|
| High | -0.21 | -0.18 |
| Avg | -0.21 | -0.18 |
| Low | -0.21 | -0.20 |
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.