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Merit Medical Systems

MMSINASDAQ
$85.49
0.090.11%
At Close: -
$85.49
00.00%
After Hours: Jul 19, 4:00 PM EDT
15 minutes delayed
Q2 2024 Earnings in 10 days from now on Thu Aug 1st, after the market close
Consensus Rating1
Outperform
Highest Price Target1
$125.00
Lowest Price Target1
$70.00
Consensus Price Target1
$90.58

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Merit Medical Systems (NASDAQ:MMSI) Stock, Analyst Ratings, Price Targets, Forecasts

Merit Medical Systems Inc has a consensus price target of $90.58 based on the ratings of 12 analysts. The high is $125 issued by Canaccord Genuity on July 2, 2024. The low is $70 issued by Canaccord Genuity on August 28, 2023. The 3 most-recent analyst ratings were released by Barrington Research, Barrington Research, and Canaccord Genuity on July 16, 2024, July 2, 2024, and July 2, 2024, respectively. With an average price target of $108.33 between Barrington Research, Barrington Research, and Canaccord Genuity, there's an implied 26.72% upside for Merit Medical Systems Inc from these most-recent analyst ratings.

Analyst Trends and Forecast
1
Apr
2
May
1
Jun
2
Jul
Buy
Hold
Sell
Strong Sell
Analyst Rating and Forecast
12345
3.4
Hold
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

Barrington Research
Canaccord Genuity
Needham
Baird
Piper Sandler

1calculated from analyst ratings

Analyst Ratings for Merit Medical Systems

Buy NowGet Alert
07/16/2024Buy Now16.97%Barrington Research
Michael Petusky
$100 → $100MaintainsOutperformGet Alert
07/02/2024Buy Now16.97%Barrington Research
Michael Petusky
$100 → $100MaintainsOutperformGet Alert
07/02/2024Buy Now46.22%Canaccord Genuity
Jon Young
$102 → $125MaintainsBuyGet Alert
07/01/2024Buy Now8.78%Needham
Mike Matson
$85 → $93MaintainsBuyGet Alert
06/28/2024Buy Now12.29%Baird
David Rescott
→ $96Initiates → OutperformGet Alert
05/01/2024Buy Now19.31%Canaccord Genuity
Jon Young
$112 → $102MaintainsBuyGet Alert
05/01/2024Buy Now16.97%Barrington Research
Michael Petusky
$98 → $100MaintainsOutperformGet Alert
05/01/2024Buy Now13.46%Piper Sandler
Jason Bednar
$95 → $97MaintainsOverweightGet Alert
05/01/2024Buy Now-0.57%Needham
Mike Matson
$88 → $85MaintainsBuyGet Alert
04/16/2024Buy Now14.63%Barrington Research
Michael Petusky
$98 → $98MaintainsOutperformGet Alert
04/11/2024Buy Now2.94%Needham
Mike Matson
→ $88ReiteratesBuy → BuyGet Alert
04/11/2024Buy Now2.94%CL King
Kristen Stewart
→ $88Initiates → BuyGet Alert
02/29/2024Buy Now1.77%Oppenheimer
Steven Lichtman
$82 → $87MaintainsOutperformGet Alert
02/29/2024Buy Now14.63%Barrington Research
Michael Petusky
$96 → $98MaintainsOutperformGet Alert
02/29/2024Buy Now2.94%Needham
Mike Matson
$81 → $88MaintainsBuyGet Alert
02/29/2024Buy Now31.01%Canaccord Genuity
Jon Young
$102 → $112MaintainsBuyGet Alert
02/07/2024Buy Now1.77%B of A Securities
Craig Bijou
→ $87Initiates → NeutralGet Alert
01/30/2024Buy Now4.11%Raymond James
Jayson Bedford
$84 → $89MaintainsOutperformGet Alert
01/12/2024Buy Now11.12%Piper Sandler
Jason Bednar
$88 → $95MaintainsOverweightGet Alert
12/21/2023Buy Now16.97%Canaccord Genuity
Jon Young
$76 → $100UpgradeHold → BuyGet Alert
10/27/2023Buy Now12.29%Barrington Research
Michael Petusky
$95 → $96MaintainsOutperformGet Alert
10/27/2023Buy Now-5.25%Needham
Mike Matson
$96 → $81MaintainsBuyGet Alert
09/27/2023Buy Now12.29%Needham
Mike Matson
→ $96ReiteratesBuy → BuyGet Alert
08/28/2023Buy Now-18.12%Canaccord Genuity
William Plovanic
$86 → $70MaintainsHoldGet Alert
08/16/2023Buy Now11.12%Barrington Research
Michael Petusky
→ $95ReiteratesOutperform → OutperformGet Alert
07/26/2023Buy Now12.29%Needham
Mike Matson
→ $96ReiteratesBuy → BuyGet Alert
07/21/2023Buy Now7.61%Piper Sandler
Jason Bednar
$85 → $92MaintainsOverweightGet Alert
07/06/2023Buy Now11.12%Barrington Research
Michael Petusky
→ $95ReiteratesOutperform → OutperformGet Alert
06/09/2023Buy Now11.12%Barrington Research
Michael Petusky
$90 → $95MaintainsOutperformGet Alert
06/09/2023Buy Now12.29%Needham
Mike Matson
$90 → $96MaintainsBuyGet Alert
05/08/2023Buy Now8.78%Raymond James
Jayson Bedford
$88 → $93MaintainsOutperformGet Alert
04/27/2023Buy Now-0.57%Piper Sandler
Jason Bednar
$77 → $85MaintainsOverweightGet Alert
04/27/2023Buy Now5.28%Barrington Research
Michael Petusky
$78 → $90MaintainsOutperformGet Alert
04/27/2023Buy Now-5.25%Wells Fargo
Larry Biegelsen
$74 → $81MaintainsEqual-WeightGet Alert
04/27/2023Buy Now2.94%Raymond James
Jayson Bedford
$86 → $88MaintainsOutperformGet Alert
04/27/2023Buy Now5.28%Needham
Mike Matson
$84 → $90MaintainsBuyGet Alert
04/18/2023Buy Now-1.74%Needham
Mike Matson
$78 → $84MaintainsBuyGet Alert
04/17/2023Buy Now0.6%Raymond James
Jayson Bedford
$80 → $86MaintainsOutperformGet Alert
04/12/2023Buy Now-8.76%Barrington Research
Michael Petusky
→ $78Reiterates → OutperformGet Alert
02/23/2023Buy Now-8.76%Barrington Research
Michael Petusky
→ $78Reiterates → OutperformGet Alert
02/23/2023Buy Now-9.93%Piper Sandler
Jason Bednar
$73 → $77MaintainsOverweightGet Alert
02/23/2023Buy Now-6.42%Raymond James
Jayson Bedford
$72 → $80MaintainsOutperformGet Alert
02/23/2023Buy Now-8.76%Needham
Mike Matson
$73 → $78MaintainsBuyGet Alert
12/20/2022Buy Now-15.78%Canaccord Genuity
William Plovanic
→ $72DowngradeBuy → HoldGet Alert
10/27/2022Buy Now-15.78%Raymond James
Jayson Bedford
$71 → $72MaintainsOutperformGet Alert
10/14/2022Buy Now-26.31%Canaccord Genuity
William Plovanic
$69 → $63MaintainsBuyGet Alert
09/02/2022Buy Now-19.29%Canaccord Genuity
William Plovanic
$67 → $69MaintainsBuyGet Alert
07/28/2022Buy Now-16.95%Raymond James
Jayson Bedford
$72 → $71MaintainsOutperformGet Alert
02/25/2022Buy Now-15.78%Raymond James
Jayson Bedford
$73 → $72MaintainsOutperformGet Alert
02/25/2022Buy Now-14.61%Needham
Mike Matson
$83 → $73MaintainsBuyGet Alert
10/29/2021Buy Now-13.44%Wells Fargo
Lawrence Biegelsen
MaintainsEqual-WeightGet Alert
07/30/2021Buy Now-14.61%Raymond James
Jayson Bedford
MaintainsOutperformGet Alert
07/30/2021Buy Now-20.46%Wells Fargo
Lawrence Biegelsen
MaintainsEqual-WeightGet Alert
07/30/2021Buy Now-2.91%Needham
Mike Matson
MaintainsBuyGet Alert

FAQ

Q

What is the target price for Merit Medical Systems (MMSI) stock?

A

The latest price target for Merit Medical Systems (NASDAQ:MMSI) was reported by Barrington Research on July 16, 2024. The analyst firm set a price target for $100.00 expecting MMSI to rise to within 12 months (a possible 16.97% upside). 26 analyst firms have reported ratings in the last year.

Q

What is the most recent analyst rating for Merit Medical Systems (MMSI)?

A

The latest analyst rating for Merit Medical Systems (NASDAQ:MMSI) was provided by Barrington Research, and Merit Medical Systems maintained their outperform rating.

Q

When was the last upgrade for Merit Medical Systems (MMSI)?

A

The last upgrade for Merit Medical Systems Inc happened on December 21, 2023 when Canaccord Genuity raised their price target to $100. Canaccord Genuity previously had a hold for Merit Medical Systems Inc.

Q

When was the last downgrade for Merit Medical Systems (MMSI)?

A

The last downgrade for Merit Medical Systems Inc happened on December 20, 2022 when Canaccord Genuity changed their price target from N/A to $72 for Merit Medical Systems Inc.

Q

When is the next analyst rating going to be posted or updated for Merit Medical Systems (MMSI)?

A

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Merit Medical Systems, 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 Merit Medical Systems was filed on July 16, 2024 so you should expect the next rating to be made available sometime around July 16, 2025.

Q

Is the Analyst Rating Merit Medical Systems (MMSI) correct?

A

While ratings are subjective and will change, the latest Merit Medical Systems (MMSI) rating was a maintained with a price target of $100.00 to $100.00. The current price Merit Medical Systems (MMSI) is trading at is $85.49, which is out of the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

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