Morphic Holding, Inc. (MORF)
NASDAQ: MORF · IEX Real-Time Price · USD
35.20
+0.81 (2.36%)
Mar 28, 2024, 4:00 PM EDT - Market closed
Morphic Holding Stock Forecast
Stock Price Forecast
The 7 analysts with 12-month price forecasts for Morphic Holding stock have an average target of 61.71, with a low estimate of 33 and a high estimate of 80. The average target predicts an increase of 75.31% from the current stock price of 35.20.
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 | Oct '23 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 |
---|---|---|---|---|---|---|
Strong Buy | 1 | 1 | 2 | 2 | 2 | 3 |
Buy | 4 | 4 | 4 | 4 | 4 | 3 |
Hold | 2 | 2 | 2 | 2 | 2 | 2 |
Sell | 0 | 0 | 0 | 0 | 0 | 0 |
Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
Total | 7 | 7 | 8 | 8 | 8 | 8 |
Latest Forecasts
Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
---|---|---|---|---|---|---|---|
Canaccord Genuity | Canaccord Genuity | Strong Buy Maintains $68 → $66 | Strong Buy | Maintains | $68 → $66 | +87.50% | Mar 8, 2024 |
Citigroup | Citigroup | Strong Buy Initiates $46 | Strong Buy | Initiates | $46 | +30.68% | Dec 8, 2023 |
BMO Capital | BMO Capital | Buy Maintains $106 → $52 | Buy | Maintains | $106 → $52 | +47.73% | Sep 28, 2023 |
Stifel | Stifel | Hold Maintains $61 → $33 | Hold | Maintains | $61 → $33 | -6.25% | Sep 25, 2023 |
BTIG | BTIG | Strong Buy → Hold Downgrades n/a | Strong Buy → Hold | Downgrades | n/a | n/a | Sep 25, 2023 |
Financial Forecast
Revenue This Year
340.00K
from 521.00K
Decreased by -34.74%
Revenue Next Year
408.00K
from 340.00K
Increased by 20.00%
EPS This Year
-4.08
from -3.59
EPS Next Year
-4.43
from -4.08
Revenue Forecast
Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
---|---|---|---|---|---|
High | 2.1M | 2.1M | 2.1M | 18.0M | 320.3M |
Avg | 339,997 | 408,000 | 510,000 | 7.2M | 192.1M |
Low | n/a | n/a | n/a | n/a | 77.6M |
Revenue Growth
Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
---|---|---|---|---|---|
High | 303.1% | 517.7% | 414.7% | 3,420.6% | 4,372.8% |
Avg | -34.7% | 20.0% | 25.0% | 1,303.9% | 2,583.2% |
Low | - | - | - | - | 984.0% |
EPS Forecast
EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
---|---|---|---|---|---|
High | -3.50 | -3.66 | -3.84 | -4.04 | -1.55 |
Avg | -4.08 | -4.43 | -4.72 | -4.97 | -2.85 |
Low | -5.08 | -5.73 | -6.42 | -5.87 | -4.36 |
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.