MTNB Stock Forecast

MTNB's stock price has decreased by -73.37% in the past year and price targets may not have had time to catch up.

Stock Price Forecast

The 1 analyst with a 12-month price forecast for MTNB stock has a target of 3.00, which predicts an increase of 1,517.25% from the current stock price of 0.19.

Analyst Consensus: Strong Buy

Target	Low	Average	Median	High
Price	$3.00	$3.00	$3.00	$3.00
Change	+1517.3%	+1517.3%	+1517.3%	+1517.3%

* Price targets were last updated on Oct 11, 2023.

Analyst Ratings

According to 1 stock analyst, the rating for MTNB is "Strong Buy". This means that the analyst believes this stock is likely to perform very well in the near future and significantly outperform the market.

Recommendation Trends

Rating	Nov '23	Dec '23	Jan '24	Feb '24	Mar '24	Apr '24
Strong Buy	2	2	2	2	2	1
Buy	0	0	0	0	0	0
Hold	0	0	0	0	0	0
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	2	2	2	2	2	1

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Julian Harrison BTIG	BTIG	Strong Buy Initiates $3	Strong Buy	Initiates	$3	+1,517.25%	Oct 11, 2023
Andrew Fein HC Wainwright & Co.	HC Wainwright & Co.	Strong Buy Reiterates $3	Strong Buy	Reiterates	$3	+1,517.25%	Jan 31, 2023
Edward Tenthoff Piper Sandler	Piper Sandler	Buy Initiates n/a	Buy	Initiates	n/a	n/a	Jan 27, 2020
Gregg Gilbert SunTrust Robinson Humphrey	SunTrust Robinson Humphrey	Strong Buy Initiates n/a	Strong Buy	Initiates	n/a	n/a	Jan 24, 2020
Jason McCarthy Maxim Group	Maxim Group	Strong Buy Maintains n/a	Strong Buy	Maintains	n/a	n/a	Nov 13, 2018

More Analyst Ratings

Financial Forecast

Revenue This Year

n/a

from 1.10M

Revenue Next Year

n/a

EPS This Year

-0.12

from -0.11

EPS Next Year

-0.10

from -0.12

Year	2019	2020	2021	2022	2023	2024	2025	2026	2027	2028
Revenue	-	-	33.00K	3.19M	1.10M	-	-	-	28.82M	74.80M
Revenue Growth	-	-	-	9,560.61%	-65.62%	-	-	-	-	159.56%
EPS	-0.13	-0.12	-0.11	-0.10	-0.11	-0.12	-0.10	-0.09	-0.02	0.10
EPS Growth	-	-	-	-	-	-	-	-	-	-
No. Analysts	-	-	-	-	-	4	3	3	3	3

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

Revenue Forecast

Revenue	2024	2025	2026	2027	2028
High	n/a	n/a	n/a	29.7M	77.0M
Avg	n/a	n/a	n/a	28.8M	74.8M
Low	n/a	n/a	n/a	27.7M	71.9M

Revenue Growth

Revenue Growth	2024	2025	2026	2027	2028
High	-	-	-	-	167.2%
Avg	-	-	-	-	159.6%
Low	-	-	-	-	149.4%

EPS Forecast

EPS	2024	2025	2026	2027	2028
High	-0.13	-0.11	-0.09	-0.02	0.11
Avg	-0.12	-0.10	-0.09	-0.02	0.10
Low	-0.12	-0.10	-0.09	-0.02	0.10

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.