MannKind Corporation (MNKD)
NASDAQ: MNKD · Real-Time Price · USD
6.96
+0.08 (1.16%)
Nov 21, 2024, 1:43 PM EST - Market open
MannKind Stock Forecast
Stock Price Forecast
The 5 analysts with 12-month price forecasts for MannKind stock have an average target of 8.40, with a low estimate of 6.50 and a high estimate of 12. The average target predicts an increase of 20.69% from the current stock price of 6.96.
Analyst Consensus: Strong Buy
* Price targets were last updated on Sep 9, 2024.
Analyst Ratings
The average analyst rating for MannKind stock from 5 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 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| Buy | 2 | 2 | 3 | 4 | 4 | 3 |
| Hold | 0 | 0 | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 4 | 4 | 5 | 6 | 6 | 5 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Leerink Partners | Leerink Partners | Buy Initiates $8 | Buy | Initiates | $8 | +14.94% | Sep 9, 2024 |
| Oppenheimer | Oppenheimer | Buy Maintains $10 → $12 | Buy | Maintains | $10 → $12 | +72.41% | Aug 28, 2024 |
| Rodman & Renshaw | Rodman & Renshaw | Strong Buy Initiates $8 | Strong Buy | Initiates | $8 | +14.94% | Jun 13, 2024 |
| Cantor Fitzgerald | Cantor Fitzgerald | Buy Reiterates $6.5 | Buy | Reiterates | $6.5 | -6.61% | May 9, 2024 |
| Cantor Fitzgerald | Cantor Fitzgerald | Buy Reiterates $6.5 | Buy | Reiterates | $6.5 | -6.61% | Mar 15, 2024 |
Financial Forecast
Revenue This Year
292.13M
from 198.96M
Increased by 46.83%
Revenue Next Year
334.21M
from 292.13M
Increased by 14.40%
EPS This Year
0.11
from -0.04
EPS Next Year
0.17
from 0.11
Increased by 59.37%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 306.0M | 362.0M | 411.5M | ||
| Avg | 292.1M | 334.2M | 385.2M | ||
| Low | 276.0M | 310.5M | 348.1M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 53.8% | 23.9% | 23.1% | ||
| Avg | 46.8% | 14.4% | 15.3% | ||
| Low | 38.7% | 6.3% | 4.2% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 0.12 | 0.19 | 0.40 | |
| Avg | 0.11 | 0.17 | 0.29 | |
| Low | 0.10 | 0.15 | 0.23 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | - | 73.7% | 130.1% | |
| Avg | - | 59.4% | 64.7% | |
| Low | - | 35.1% | 30.0% |
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.