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Markforged Holding Corp has a consensus price target of $4.05 based on the ratings of 8 analysts. The high is $6.5 issued by Goldman Sachs on December 21, 2021. The low is $1.7 issued by Credit Suisse on August 11, 2023. The 3 most-recent analyst ratings were released by Cantor Fitzgerald on September 26, 2024, August 9, 2024, and May 9, 2024, respectively. With an average price target of $2.38 between Cantor Fitzgerald, there's an implied -43.52% downside for Markforged Holding Corp from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Markforged Holding (NYSE:MKFG) was reported by Lake Street on September 26, 2024. The analyst firm set a price target for $0.00 expecting MKFG to fall to within 12 months (a possible -100.00% downside). 6 analyst firms have reported ratings in the last year.
The latest analyst rating for Markforged Holding (NYSE:MKFG) was provided by Lake Street, and Markforged Holding downgraded their hold rating.
There is no last upgrade for Markforged Holding
The last downgrade for Markforged Holding Corp happened on September 26, 2024 when Lake Street changed their price target from N/A to N/A for Markforged Holding Corp.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Markforged Holding, 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 Markforged Holding was filed on September 26, 2024 so you should expect the next rating to be made available sometime around September 26, 2025.
While ratings are subjective and will change, the latest Markforged Holding (MKFG) rating was a downgraded with a price target of $0.00 to $0.00. The current price Markforged Holding (MKFG) is trading at is $4.22, which is out of the analyst’s predicted range.
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