Morphic Holding, Inc. (MORF)
NASDAQ: MORF · IEX Real-Time Price · USD
56.52
+0.20 (0.36%)
At close: Jul 19, 2024, 4:00 PM
56.45
-0.07 (-0.12%)
Pre-market: Jul 20, 2024, 9:29 AM EDT
Morphic Holding Stock Forecast
Stock Price Forecast
The 6 analysts with 12-month price forecasts for Morphic Holding stock have an average target of 55.67, with a low estimate of 33 and a high estimate of 75. The average target predicts a decrease of -1.50% from the current stock price of 56.52.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for MORF stock from 8 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 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 3 | 3 | 3 | 3 | 3 |
| Buy | 4 | 3 | 3 | 3 | 3 | 0 |
| Hold | 2 | 2 | 2 | 2 | 2 | 5 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 8 | 8 | 8 | 8 | 8 | 8 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| BMO Capital | BMO Capital | Buy → Hold Downgrades $52 → $57 | Buy → Hold | Downgrades | $52 → $57 | +0.85% | Jul 9, 2024 |
| TD Cowen | TD Cowen | Strong Buy → Hold Downgrades n/a | Strong Buy → Hold | Downgrades | n/a | n/a | Jul 9, 2024 |
| RBC Capital | RBC Capital | Buy → Hold Downgrades $70 → $57 | Buy → Hold | Downgrades | $70 → $57 | +0.85% | Jul 9, 2024 |
| Canaccord Genuity | Canaccord Genuity | Strong Buy Maintains $68 → $66 | Strong Buy | Maintains | $68 → $66 | +16.77% | Mar 8, 2024 |
| Citigroup | Citigroup | Strong Buy Initiates $46 | Strong Buy | Initiates | $46 | -18.61% | Dec 8, 2023 |
Financial Forecast
Revenue This Year
291.42K
from 521.00K
Decreased by -44.06%
Revenue Next Year
340.00K
from 291.42K
Increased by 16.67%
EPS This Year
-4.08
from -3.59
EPS Next Year
-4.29
from -4.08
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 2.1M | 2.1M | 2.1M | 4.2M | 307.7M |
| Avg | 291,424 | 339,997 | 408,000 | 1.2M | 156.5M |
| Low | n/a | n/a | n/a | n/a | n/a |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 303.1% | 620.6% | 517.7% | 929.4% | 25,034.8% |
| Avg | -44.1% | 16.7% | 20.0% | 200.0% | 12,688.4% |
| Low | - | - | - | - | - |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | -3.64 | -3.78 | -3.97 | -4.29 | -1.94 |
| Avg | -4.08 | -4.29 | -4.52 | -5.07 | -3.49 |
| Low | -4.43 | -5.02 | -5.64 | -5.71 | -4.40 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | - | - | - | - | - |
| Avg | - | - | - | - | - |
| Low | - | - | - | - | - |
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.