Matterport, Inc. (MTTR)
NASDAQ: MTTR · IEX Real-Time Price · USD
4.675
+0.035 (0.75%)
Apr 25, 2024, 10:33 AM EDT - Market open
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 0.53% from the current stock price of 4.68.
Analyst Consensus: Hold
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 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 3 | 3 | 3 | 3 | 3 | 5 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 3 | 3 | 3 | 3 | 3 | 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 | +17.65% | Apr 23, 2024 |
| Loop Capital | Loop Capital | Strong Buy → Hold Downgrades $5 → $5.5 | Strong Buy → Hold | Downgrades | $5 → $5.5 | +17.65% | Apr 23, 2024 |
| Piper Sandler | Piper Sandler | Hold Maintains $3 → $5.5 | Hold | Maintains | $3 → $5.5 | +17.65% | Apr 22, 2024 |
| Northland Capital Markets | Northland Capital Markets | Buy Initiates $3.5 | Buy | Initiates | $3.5 | -25.13% | Apr 11, 2024 |
| Wedbush | Wedbush | Hold Maintains $5 → $4 | Hold | Maintains | $5 → $4 | -14.44% | Feb 22, 2024 |
Financial Forecast
Revenue This Year
179.61M
from 157.75M
Increased by 13.86%
Revenue Next Year
203.20M
from 179.61M
Increased by 13.13%
EPS This Year
-0.09
from -0.66
EPS Next Year
-0.02
from -0.09
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 187.3M | 211.9M | 234.7M |
| Avg | 179.6M | 203.2M | 228.0M |
| Low | 163.7M | 187.5M | 219.0M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 18.7% | 18.0% | 15.5% |
| Avg | 13.9% | 13.1% | 12.2% |
| Low | 3.7% | 4.4% | 7.8% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -0.08 | 0.01 | 0.04 |
| Avg | -0.09 | -0.02 | 0.04 |
| Low | -0.11 | -0.05 | 0.04 |
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.