MultiPlan Stock Forecast

Stock Price Forecast

The 2 analysts with 12-month price forecasts for MultiPlan stock have an average target of 25, with a low estimate of 10 and a high estimate of 40. The average target predicts an increase of 287.60% from the current stock price of 6.45.

Analyst Consensus: Hold

Target	Low	Average	Median	High
Price	$10	$25	$40	$40
Change	+55.04%	+287.60%	+520.16%	+520.16%

* Price targets were last updated on Sep 23, 2024.

Analyst Ratings

The average analyst rating for MultiPlan 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	Jun '24	Jul '24	Aug '24	Sep '24	Oct '24	Nov '24
Strong Buy	0	0	0	0	0	0
Buy	0	0	0	0	0	0
Hold	1	1	1	2	2	2
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	1	1	1	2	2	2

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Daniel Grosslight Citigroup	Citigroup	Hold Maintains $17 → $10	Hold	Maintains	$17 → $10	+55.04%	Sep 23, 2024
Jessica Tassan Piper Sandler	Piper Sandler	Hold Reiterates $80 → $40	Hold	Reiterates	$80 → $40	+520.16%	Aug 7, 2024
Jessica Tassan Piper Sandler	Piper Sandler	Hold Initiates $80	Hold	Initiates	$80	+1,140.31%	Jun 26, 2024
Daniel Grosslight Citigroup	Citigroup	Hold Maintains $80 → $50	Hold	Maintains	$80 → $50	+675.19%	Mar 8, 2023
Marc Solecitto Barclays	Barclays	Hold Maintains $120 → $40	Hold	Maintains	$120 → $40	+520.16%	Jan 18, 2023

More Analyst Ratings

Financial Forecast

Revenue This Year

954.22M

from 961.52M

-0.76%

from 961.52M

Revenue Next Year

964.41M

from 954.22M

1.07%

from 954.22M

EPS This Year

-142.80

from -5.69

EPS Next Year

-8.89

from -142.80

Fiscal Year	FY 2019	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2019	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	982.90M	937.76M	1.12B	1.08B	961.52M	954.22M	964.41M	997.29M
Revenue Growth	-5.57%	-4.59%	19.18%	-3.39%	-10.95%	-0.76%	1.07%	3.41%
EPS	0.80	-44.40	6.27	-36.00	-5.69	-142.80	-8.89	-9.09
EPS Growth	-77.05%	-	-	-	-	-	-	-
Forward PE	-	-	-	-	-	-	-	-
No. Analysts	-	-	-	-	-	5	5	4

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2024	2025	2026
High	987.0M	997.8M	1.0B
Avg	954.2M	964.4M	997.3M
Low	912.7M	922.0M	955.9M

Revenue Growth

Revenue Growth	2024	2025	2026
High	2.7%	4.6%	6.7%
Avg	-0.8%	1.1%	3.4%
Low	-5.1%	-3.4%	-0.9%

EPS Forecast

EPS	2024	2025	2026
High	-147.00	-6.30	-7.61
Avg	-142.80	-8.89	-9.09
Low	-137.20	-11.81	-10.36

EPS Growth

EPS Growth	2024	2025	2026
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.