Merit Medical Systems, Inc. (MMSI)
NASDAQ: MMSI · Real-Time Price · USD
100.23
+1.52 (1.54%)
Sep 19, 2024, 4:00 PM EDT - Market closed
Merit Medical Systems Stock Forecast
Stock Price Forecast
The 10 analysts with 12-month price forecasts for MMSI stock have an average target of 101, with a low estimate of 87 and a high estimate of 125. The average target predicts an increase of 0.77% from the current stock price of 100.23.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for MMSI stock from 10 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Apr '24 | May '24 | Jun '24 | Jul '24 | Aug '24 | Sep '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 3 | 3 | 3 | 3 | 3 |
| Buy | 4 | 4 | 5 | 5 | 5 | 5 |
| Hold | 3 | 2 | 2 | 2 | 1 | 2 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 10 | 9 | 10 | 10 | 9 | 10 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Needham | Needham | Strong Buy Maintains $105 → $109 | Strong Buy | Maintains | $105 → $109 | +8.75% | Sep 17, 2024 |
| Wells Fargo | Wells Fargo | Hold Maintains $85 → $103 | Hold | Maintains | $85 → $103 | +2.76% | Sep 16, 2024 |
| B of A Securities | B of A Securities | Hold Maintains $92 → $103 | Hold | Maintains | $92 → $103 | +2.76% | Sep 16, 2024 |
| Needham | Needham | Strong Buy Reiterates $105 | Strong Buy | Reiterates | $105 | +4.76% | Sep 16, 2024 |
| Piper Sandler | Piper Sandler | Buy Reiterates $100 → $110 | Buy | Reiterates | $100 → $110 | +9.75% | Sep 9, 2024 |
Financial Forecast
Revenue This Year
1.37B
from 1.26B
Increased by 8.80%
Revenue Next Year
1.46B
from 1.37B
Increased by 6.58%
EPS This Year
3.38
from 1.62
Increased by 108.61%
EPS Next Year
3.76
from 3.38
Increased by 11.37%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 1.4B | 1.5B | 1.6B | |
| Avg | 1.4B | 1.5B | 1.5B | |
| Low | 1.3B | 1.4B | 1.4B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 12.1% | 10.5% | 9.9% | |
| Avg | 8.8% | 6.6% | 5.3% | |
| Low | 4.3% | 1.4% | -1.0% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 3.50 | 3.99 | 4.46 | ||
| Avg | 3.38 | 3.76 | 4.01 | ||
| Low | 3.22 | 3.42 | 2.84 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 115.8% | 18.1% | 18.6% | ||
| Avg | 108.6% | 11.4% | 6.5% | ||
| Low | 99.0% | 1.2% | -24.5% |
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.