Merit Medical Systems, Inc. (MMSI)
NASDAQ: MMSI · Real-Time Price · USD
84.69
+0.47 (0.56%)
At close: Jul 25, 2025, 4:00 PM
84.22
-0.47 (-0.55%)
After-hours: Jul 25, 2025, 5:42 PM EDT

Merit Medical Systems Stock Forecast

Stock Price Forecast

The 9 analysts that cover Merit Medical Systems stock have a consensus rating of "Buy" and an average price target of $109.11, which forecasts a 28.83% increase in the stock price over the next year. The lowest target is $103 and the highest is $120.

Price Target: $109.11 (+28.83%)
Analyst Consensus: Buy
TargetLowAverageMedianHigh
Price$103$109.11$108$120
Change+21.62%+28.83%+27.52%+41.69%

Analyst Ratings

The average analyst rating for Merit Medical Systems stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

RatingFeb '25Mar '25Apr '25May '25Jun '25Jul '25
Strong Buy332222
Buy666666
Hold111111
Sell000000
Strong Sell000000
Total10109999

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Needham
Needham
Strong Buy
Reiterates
$108
Strong BuyReiterates$108+27.52%Jul 18, 2025
Needham
Needham
Strong Buy
Reiterates
$108
Strong BuyReiterates$108+27.52%Jul 8, 2025
Piper Sandler
Piper Sandler
Buy
Maintains
$106$110
BuyMaintains$106$110+29.89%May 23, 2025
Canaccord Genuity
Canaccord Genuity
Strong Buy
Maintains
$108$112
Strong BuyMaintains$108$112+32.25%May 21, 2025
Wells Fargo
Wells Fargo
Buy
Maintains
$106$108
BuyMaintains$106$108+27.52%May 21, 2025
More Analyst Ratings

Financial Forecast

Revenue This Year
1.52B
from 1.36B
Increased by 11.83%
Revenue Next Year
1.61B
from 1.52B
Increased by 6.26%
EPS This Year
3.41
from 2.03
Increased by 68.19%
EPS Next Year
3.86
from 3.41
Increased by 13.20%
Fiscal YearFY 2020FY 2021FY 2022FY 2023FY 2024FY 2025FY 2026FY 2027
Period EndingDec 31, 2020Dec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024Dec 31, 2025Dec 31, 2026Dec 31, 2027
Revenue
963.88M1.07B1.15B1.26B1.36B1.52B1.61B1.71B
Revenue Growth
-3.11%11.50%7.09%9.24%7.89%11.83%6.26%6.14%
EPS
-0.180.841.291.622.033.413.864.18
EPS Growth
--53.57%25.58%25.31%68.19%13.20%8.19%
Forward PE
-----24.8021.9120.25
No. Analysts
-----13138
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue20252026202720282029
High1.6B1.7B1.8B
Avg1.5B1.6B1.7B
Low1.4B1.5B1.6B

Revenue Growth

Revenue Growth20252026202720282029
High
16.0%
11.1%
11.6%
Avg
11.8%
6.3%
6.1%
Low
6.8%
0.2%
-1.2%

EPS Forecast

EPS20252026202720282029
High3.564.204.39
Avg3.413.864.18
Low3.243.533.90

EPS Growth

EPS Growth20252026202720282029
High
75.3%
23.0%
13.6%
Avg
68.2%
13.2%
8.2%
Low
59.8%
3.4%
0.8%
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.