MLTX Stock Forecast

Stock Price Forecast

The 9 analysts with 12-month price forecasts for MLTX stock have an average target of 75, with a low estimate of 59 and a high estimate of 100. The average target predicts an increase of 80.07% from the current stock price of 41.65.

Analyst Consensus: Strong Buy

Target	Low	Average	Median	High
Price	$59	$75	$72	$100
Change	+41.66%	+80.07%	+72.87%	+140.10%

Analyst Ratings

The average analyst rating for MLTX stock from 10 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	5	6	6	6	5	5
Buy	2	2	2	3	3	3
Hold	1	1	1	1	1	2
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	8	9	9	10	9	10

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Raghuram Selvaraju HC Wainwright & Co.	HC Wainwright & Co.	Strong Buy Reiterates $100	Strong Buy	Reiterates	$100	+140.10%	Apr 23, 2024
Raghuram Selvaraju HC Wainwright & Co.	HC Wainwright & Co.	Strong Buy Reiterates $100	Strong Buy	Reiterates	$100	+140.10%	Apr 11, 2024
Serge Belanger Needham	Needham	Strong Buy Reiterates $66	Strong Buy	Reiterates	$66	+58.46%	Apr 9, 2024
Richard Law Goldman Sachs	Goldman Sachs	Hold Initiates $62	Hold	Initiates	$62	+48.86%	Apr 2, 2024
Andreas Argyrides Wedbush	Wedbush	Buy Reiterates $92	Buy	Reiterates	$92	+120.89%	Mar 13, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

n/a

Revenue Next Year

n/a

EPS This Year

-1.19

from -0.73

EPS Next Year

-1.81

from -1.19

Year	2020	2021	2022	2023	2024	2025	2026	2027	2028
Revenue	-	-	-	-	-	-	-	114.30M	570.20M
Revenue Growth	-	-	-	-	-	-	-	-	398.86%
EPS	-0.01	-230.15	-1.70	-0.73	-1.19	-1.81	-2.54	-2.27	2.87
EPS Growth	-	-	-	-	-	-	-	-	-
No. Analysts	-	-	-	-	16	15	12	3	3

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

Revenue Forecast

Revenue	2024	2025	2026	2027	2028
High	n/a	n/a	n/a	220.5M	1.0B
Avg	n/a	n/a	n/a	114.3M	570.2M
Low	n/a	n/a	n/a	55.7M	249.7M

Revenue Growth

Revenue Growth	2024	2025	2026	2027	2028
High	-	-	-	-	804.6%
Avg	-	-	-	-	398.9%
Low	-	-	-	-	118.5%

EPS Forecast

EPS	2024	2025	2026	2027	2028
High	-0.55	-0.73	-0.76	-2.34	2.95
Avg	-1.19	-1.81	-2.54	-2.27	2.87
Low	-1.89	-2.81	-4.41	-2.19	2.75

EPS Growth

EPS Growth	2024	2025	2026	2027	2028
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.