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
Target Low Average Median High
Price $33 $61.71 $66 $80
Change -6.25% +75.31% +87.50% +127.27%

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 '23Nov '23Dec '23Jan '24Feb '24Mar '24
Strong Buy 112223
Buy 444443
Hold 222222
Sell 000000
Strong Sell 000000
Total 778888

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
Hold
Downgrades
n/a
Hold Downgrades n/a n/a Sep 25, 2023
More Analyst Ratings

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
Year 2019202020212022202320242025202620272028
Revenue
16.98M44.95M19.79M70.81M521.00K340.00K408.00K510.00K7.16M192.12M
Revenue Growth
405.57%164.74%-55.96%257.72%-99.26%-34.74%20.00%25.00%1,303.92%2,583.24%
EPS
-2.69-1.47-2.67-1.55-3.59-4.08-4.43-4.72-4.97-2.85
EPS Growth
----------
No. Analysts -----1210977
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20242025202620272028
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 20242025202620272028
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 20242025202620272028
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 20242025202620272028
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.