Mister Car Wash Inc has a consensus price target of $9.62 based on the ratings of 14 analysts. The high is $12 issued by Baird on February 15, 2024. The low is $6 issued by Goldman Sachs on August 1, 2024. The 3 most-recent analyst ratings were released by UBS, Goldman Sachs, and JP Morgan on October 31, 2024, August 1, 2024, and May 3, 2024, respectively. With an average price target of $7.5 between UBS, Goldman Sachs, and JP Morgan, there's an implied -2.72% downside for Mister Car Wash Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Mister Car Wash (NYSE:MCW) was reported by UBS on October 31, 2024. The analyst firm set a price target for $8.00 expecting MCW to rise to within 12 months (a possible 3.76% upside). 7 analyst firms have reported ratings in the last year.
The latest analyst rating for Mister Car Wash (NYSE:MCW) was provided by UBS, and Mister Car Wash maintained their neutral rating.
The last upgrade for Mister Car Wash Inc happened on May 3, 2024 when JP Morgan raised their price target to $8.5. JP Morgan previously had a neutral for Mister Car Wash Inc.
The last downgrade for Mister Car Wash Inc happened on October 21, 2022 when Stifel changed their price target from $17 to $10 for Mister Car Wash Inc.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Mister Car Wash, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Mister Car Wash was filed on October 31, 2024 so you should expect the next rating to be made available sometime around October 31, 2025.
While ratings are subjective and will change, the latest Mister Car Wash (MCW) rating was a maintained with a price target of $7.50 to $8.00. The current price Mister Car Wash (MCW) is trading at is $7.71, which is within the analyst’s predicted range.
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