Matterport, Inc. (MTTR)
NASDAQ: MTTR · IEX Real-Time Price · USD
4.350
-0.040 (-0.91%)
At close: Jul 2, 2024, 4:00 PM
4.380
+0.030 (0.69%)
After-hours: Jul 2, 2024, 6:51 PM EDT
Matterport Stock Forecast
Stock Price Forecast
The 5 analysts with 12-month price forecasts for Matterport stock have an average target of 4.70, with a low estimate of 3.00 and a high estimate of 5.50. The average target predicts an increase of 8.05% from the current stock price of 4.35.
Analyst Consensus: Hold
* Price targets were last updated on Apr 23, 2024.
Analyst Ratings
The average analyst rating for Matterport stock from 5 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 3 | 3 | 5 | 5 | 5 | 5 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 3 | 3 | 5 | 5 | 5 | 5 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Northland Capital Markets | Northland Capital Markets | Buy → Hold Downgrades $5.5 | Buy → Hold | Downgrades | $5.5 | +26.44% | Apr 23, 2024 |
| Loop Capital | Loop Capital | Strong Buy → Hold Downgrades $5 → $5.5 | Strong Buy → Hold | Downgrades | $5 → $5.5 | +26.44% | Apr 23, 2024 |
| Piper Sandler | Piper Sandler | Hold Maintains $3 → $5.5 | Hold | Maintains | $3 → $5.5 | +26.44% | Apr 22, 2024 |
| Northland Capital Markets | Northland Capital Markets | Buy Initiates $3.5 | Buy | Initiates | $3.5 | -19.54% | Apr 11, 2024 |
| Wedbush | Wedbush | Hold Maintains $5 → $4 | Hold | Maintains | $5 → $4 | -8.05% | Feb 22, 2024 |
Financial Forecast
Revenue This Year
178.37M
from 157.75M
Increased by 13.07%
Revenue Next Year
203.14M
from 178.37M
Increased by 13.89%
EPS This Year
-0.06
from -0.66
EPS Next Year
0.01
from -0.06
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 184.5M | 211.9M | 233.7M |
| Avg | 178.4M | 203.1M | 227.1M |
| Low | 170.8M | 190.8M | 218.2M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 17.0% | 18.8% | 15.1% |
| Avg | 13.1% | 13.9% | 11.8% |
| Low | 8.3% | 7.0% | 7.4% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -0.06 | 0.01 | 0.05 |
| Avg | -0.06 | 0.01 | 0.05 |
| Low | -0.06 | 0.01 | 0.05 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | - | 414.7% |
| Avg | - | - | 400.0% |
| Low | - | - | 380.4% |
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.