Merit Medical Systems, Inc. (MMSI)
NASDAQ: MMSI · Real-Time Price · USD
66.53
-0.36 (-0.54%)
At close: Jun 12, 2026, 4:00 PM EDT
66.28
-0.25 (-0.38%)
After-hours: Jun 12, 2026, 6:21 PM EDT

Merit Medical Systems Stock Forecast

Stock Price Forecast

According to 11 analysts polled by S&P Global, Merit Medical Systems stock has a consensus rating of "Buy" and an average price target of $89.55. The average 1-year stock price forecast is 34.60% higher than the current stock price, while the lowest is $74 (+11.23%) and the highest is $110 (+65.34%).

Price Target: $89.55 (+34.60%)
Analyst Consensus: Buy
TargetLowAverageMedianHigh
Price$74$89.55$85$110
Change+11.23%+34.60%+27.76%+65.34%
* Price targets were last updated on May 11, 2026.

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

RatingJan '26Feb '26Mar '26Apr '26May '26Jun '26
Strong Buy444444
Buy555555
Hold122222
Sell000000
Strong Sell000000
Total101111111111

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Piper Sandler
Piper Sandler
Buy
Reiterates
$96
BuyReiterates$96+44.30%May 11, 2026
Barrington
Barrington
Buy
Maintains
$107
BuyMaintains$107+60.83%May 1, 2026
Robert W. Baird
Robert W. Baird
Buy
Maintains
$92$83
BuyMaintains$92$83+24.76%May 1, 2026
J.P. Morgan
J.P. Morgan
Buy
Maintains
$95$77
BuyMaintains$95$77+15.74%May 1, 2026
Raymond James
Raymond James
Buy
Maintains
$101$83
BuyMaintains$101$83+24.76%May 1, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
1.62B
from 1.52B
Increased by 6.86%
Revenue Next Year
1.72B
from 1.62B
Increased by 6.06%
EPS This Year
4.07
from 3.83
Increased by 6.30%
EPS Next Year
4.40
from 4.07
Increased by 8.03%
Fiscal YearFY 2021FY 2022FY 2023FY 2024FY 2025FY 2026
Period EndingDec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024Dec 31, 2025Dec 31, 2026
Revenue
1.07B1.15B1.26B1.36B1.52B1.62B
Revenue Growth
11.50%7.09%9.24%7.89%11.75%6.86%
Gross Profit
485.33M519.10M583.87M643.33M738.27M871.95M
Gross Margin
45.16%45.10%46.44%47.43%48.70%53.83%
Operating Income
84.40M108.26M135.07M168.04M193.90M335.61M
Net Income
48.45M74.52M94.41M120.36M128.49M160.48M
EPS
----3.834.07
EPS Growth
----10.69%6.30%
Forward PE
27.7025.9724.0427.1322.5116.34
Free Cash Flow
142.07M51.35M106.20M184.91M179.71M218.96M
No. Analysts
-----10
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
7.4%
Avg
6.9%
Low
6.1%

EPS Forecast

EPS202620272028
High4.13
Avg4.07
Low4.03

EPS Growth

EPS Growth202620272028
High
7.8%
Avg
6.3%
Low
5.2%