Merit Medical Systems, Inc. (MMSI)
NASDAQ: MMSI · Real-Time Price · USD
87.23
-2.39 (-2.67%)
At close: Nov 6, 2026, 4:00 PM EST
87.77
+0.54 (0.62%)
After-hours: Nov 6, 2026, 5:43 PM EST

Merit Medical Systems Stock Forecast

Stock Price Forecast

According to 12 analysts polled by S&P Global, Merit Medical Systems stock has a consensus rating of "Buy" and an average price target of $107. The average 1-year stock price forecast is 22.66% higher than the current stock price, while the lowest is $90 (+3.18%) and the highest is $123 (+41.01%).

Price Target: $107 (+22.66%)
Analyst Consensus: Buy

Price Target

Chart
TargetLowAverageMedianHigh
Price$90$107$107.5$123
Change+3.18%+22.66%+23.24%+41.01%

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

Chart
RatingMay '26Jun '26Jul '26Aug '26Sep '26Oct '26
Strong Buy444444
Buy555555
Hold222223
Sell000000
Strong Sell000000
Total111111111112

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Barrington
Barrington
Buy
Maintains
$114 → $116
BuyMaintains$114 → $116+32.98%Oct 30, 2026
J.P. Morgan
J.P. Morgan
Buy
Reiterates
$95 → $110
BuyReiterates$95 → $110+26.10%Oct 30, 2026
Piper Sandler
Piper Sandler
Buy
Reiterates
$106 → $108
BuyReiterates$106 → $108+23.81%Oct 30, 2026
Unknown Analyst
Wells Fargo
No rating
Wells Fargo
Hold
Reiterates
$83 → $92
HoldReiterates$83 → $92+5.47%Oct 30, 2026
Needham
Needham
Buy
Reiterates
$101 → $106
BuyReiterates$101 → $106+21.52%Oct 30, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
1.64B
from 1.52B
Increased by 8.14%
Revenue Next Year
1.74B
from 1.64B
Increased by 6.22%
EPS This Year
4.34
from 3.83
Increased by 13.43%
EPS Next Year
4.65
from 4.34
Increased by 7.03%
Fiscal YearFY 2021FY 2022FY 2023FY 2024FY 2025FY 2026
Period EndingDec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024Dec 31, 2025Dec 31, 2026
Revenue
1.07B1.15B1.26B1.36B1.52B1.64B
Revenue Growth
11.50%7.09%9.24%7.89%11.75%8.14%
Gross Profit
485.33M519.10M583.87M643.33M738.27M887.25M
Gross Margin
45.16%45.10%46.44%47.43%48.70%54.12%
Operating Income
84.40M108.26M135.07M168.04M193.90M349.62M
Net Income
48.45M74.52M94.41M120.36M128.49M166.40M
EPS
----3.834.34
EPS Growth
----10.69%13.43%
Forward PE
27.7025.9724.0427.1322.5120.08
Free Cash Flow
----215.66M231.66M
No. Analysts
-----12
EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Revenue202620272028
High1.6B
Avg1.6B
Low1.6B

Revenue Growth

Revenue Growth202620272028
High
8.4%
Avg
8.1%
Low
8.1%

EPS Forecast

EPS202620272028
High4.36
Avg4.34
Low4.29

EPS Growth

EPS Growth202620272028
High
13.8%
Avg
13.4%
Low
12.0%