MannKind Corporation (MNKD)
NASDAQ: MNKD · IEX Real-Time Price · USD
5.03
-0.06 (-1.18%)
At close: Jul 2, 2024, 4:00 PM
5.09
+0.06 (1.19%)
After-hours: Jul 2, 2024, 7:56 PM EDT
MannKind Stock Forecast
Stock Price Forecast
The 4 analysts with 12-month price forecasts for MannKind stock have an average target of 8.00, with a low estimate of 6.50 and a high estimate of 10. The average target predicts an increase of 59.05% from the current stock price of 5.03.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for MannKind stock from 4 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 | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 1 | 2 |
| Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| Hold | 0 | 0 | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 3 | 3 | 3 | 3 | 3 | 4 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Rodman & Renshaw | Rodman & Renshaw | Strong Buy Initiates $8 | Strong Buy | Initiates | $8 | +59.05% | Jun 13, 2024 |
| Cantor Fitzgerald | Cantor Fitzgerald | Buy Reiterates $6.5 | Buy | Reiterates | $6.5 | +29.22% | May 9, 2024 |
| Cantor Fitzgerald | Cantor Fitzgerald | Buy Reiterates $6.5 | Buy | Reiterates | $6.5 | +29.22% | Mar 15, 2024 |
| Cantor Fitzgerald | Cantor Fitzgerald | Buy Reiterates $6.5 | Buy | Reiterates | $6.5 | +29.22% | Feb 28, 2024 |
| HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy Reiterates $7.5 | Strong Buy | Reiterates | $7.5 | +49.11% | Jan 4, 2024 |
Financial Forecast
Revenue This Year
277.74M
from 198.96M
Increased by 39.59%
Revenue Next Year
345.32M
from 277.74M
Increased by 24.33%
EPS This Year
0.12
from -0.04
EPS Next Year
0.27
from 0.12
Increased by 126.09%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 310.2M | 378.0M | 447.2M | 516.6M | 524.2M |
| Avg | 277.7M | 345.3M | 417.5M | 421.3M | 474.3M |
| Low | 257.5M | 314.7M | 371.5M | 345.8M | 405.7M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 55.9% | 36.1% | 29.5% | 23.7% | 24.4% |
| Avg | 39.6% | 24.3% | 20.9% | 0.9% | 12.6% |
| Low | 29.4% | 13.3% | 7.6% | -17.2% | -3.7% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 0.18 | 0.40 | 0.56 | 0.51 |
| Avg | 0.12 | 0.27 | 0.45 | 0.50 |
| Low | 0.09 | 0.20 | 0.28 | 0.48 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | - | 240.2% | 109.8% | 14.6% |
| Avg | - | 126.1% | 69.2% | 11.4% |
| Low | - | 67.1% | 7.2% | 7.0% |
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.