MannKind Corporation (MNKD)
NASDAQ: MNKD · IEX Real-Time Price · USD
4.170
-0.020 (-0.48%)
Apr 25, 2024, 10:38 AM EDT - Market open
MannKind Stock Forecast
Stock Price Forecast
The 3 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 91.85% from the current stock price of 4.17.
Analyst Consensus: Strong Buy
* Price targets were last updated on Mar 15, 2024.
Analyst Ratings
The average analyst rating for MannKind stock from 3 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 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Buy | 3 | 3 | 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 | 4 | 4 | 3 | 3 | 3 | 3 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Cantor Fitzgerald | Cantor Fitzgerald | Buy Reiterates $6.5 | Buy | Reiterates | $6.5 | +55.88% | Mar 15, 2024 |
| Cantor Fitzgerald | Cantor Fitzgerald | Buy Reiterates $6.5 | Buy | Reiterates | $6.5 | +55.88% | Feb 28, 2024 |
| HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy Reiterates $7.5 | Strong Buy | Reiterates | $7.5 | +79.86% | Jan 4, 2024 |
| Wedbush | Wedbush | Buy Initiates $10 | Buy | Initiates | $10 | +139.81% | Oct 10, 2023 |
| HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy Maintains $7 → $7.5 | Strong Buy | Maintains | $7 → $7.5 | +79.86% | Aug 14, 2023 |
Financial Forecast
Revenue This Year
265.12M
from 198.96M
Increased by 33.25%
Revenue Next Year
326.31M
from 265.12M
Increased by 23.08%
EPS This Year
0.13
from -0.04
EPS Next Year
0.25
from 0.13
Increased by 86.21%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 324.0M | 387.3M | 491.5M | 571.0M | 567.1M |
| Avg | 265.1M | 326.3M | 400.1M | 452.0M | 504.7M |
| Low | 236.7M | 274.5M | 319.5M | 361.3M | 457.1M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 62.8% | 46.1% | 50.6% | 42.7% | 25.5% |
| Avg | 33.3% | 23.1% | 22.6% | 13.0% | 11.7% |
| Low | 19.0% | 3.5% | -2.1% | -9.7% | 1.1% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 0.27 | 0.38 | 0.64 |
| Avg | 0.13 | 0.25 | 0.41 |
| Low | 0.06 | 0.14 | 0.20 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | 180.7% | 155.5% |
| Avg | - | 86.2% | 63.8% |
| Low | - | 1.9% | -21.8% |
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.