Montauk Renewables, Inc. (MNTK)
NASDAQ: MNTK · Real-Time Price · USD
4.060
+0.130 (3.31%)
Dec 30, 2024, 4:00 PM EST - Market closed
Montauk Renewables Stock Forecast
Stock Price Forecast
The 2 analysts with 12-month price forecasts for Montauk Renewables stock have an average target of 6.00, which predicts an increase of 47.78% from the current stock price of 4.06.
Analyst Consensus: Hold
* Price targets were last updated on Sep 3, 2024.
Analyst Ratings
The average analyst rating for MNTK stock from 2 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 | Dec '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 1 | 1 | 0 | 0 | 0 | 0 |
| Hold | 2 | 2 | 2 | 2 | 2 | 2 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 3 | 3 | 2 | 2 | 2 | 2 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Scotiabank | Scotiabank | Buy → Hold Downgrades $8 → $6 | Buy → Hold | Downgrades | $8 → $6 | +47.78% | Sep 3, 2024 |
| B. Riley Securities | B. Riley Securities | Hold Maintains $7 → $6 | Hold | Maintains | $7 → $6 | +47.78% | May 7, 2024 |
| Scotiabank | Scotiabank | Buy Maintains $9 → $8 | Buy | Maintains | $9 → $8 | +97.04% | Apr 11, 2024 |
| B. Riley Securities | B. Riley Securities | Hold Maintains $8 → $7 | Hold | Maintains | $8 → $7 | +72.41% | Mar 7, 2024 |
| Scotiabank | Scotiabank | Hold → Buy Upgrades $9 | Hold → Buy | Upgrades | $9 | +121.67% | Nov 13, 2023 |
Financial Forecast
Revenue This Year
212.12M
from 174.90M
Increased by 21.28%
Revenue Next Year
279.13M
from 212.12M
Increased by 31.59%
EPS This Year
0.19
from 0.11
Increased by 80.53%
EPS Next Year
0.14
from 0.19
Decreased by -27.68%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 218.4M | 287.3M | 287.6M |
| Avg | 212.1M | 279.1M | 279.4M |
| Low | 203.8M | 268.2M | 268.4M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 24.8% | 35.5% | 3.0% |
| Avg | 21.3% | 31.6% | 0.1% |
| Low | 16.5% | 26.4% | -3.8% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 0.24 | 0.18 | 0.25 | |||
| Avg | 0.19 | 0.14 | 0.18 | |||
| Low | 0.16 | 0.10 | 0.11 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 129.0% | -6.3% | 83.0% | |||
| Avg | 80.5% | -27.7% | 29.6% | |||
| Low | 48.7% | -48.5% | -21.7% |
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.