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Merit Medical Systems

MMSINASDAQ
Logo brought to you by Benzinga Data
$105.90
0.570.54%
Pre-Market: 7:00 AM EDT
Consensus Rating1
Outperform
Highest Price Target1
$125.00
Lowest Price Target1
$70.00
Consensus Price Target1
$100.64

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

Merit Medical Systems Inc has a consensus price target of $100.64 based on the ratings of 11 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 Needham, Barrington Research, and Baird on October 31, 2024, respectively. With an average price target of $110.67 between Needham, Barrington Research, and Baird, there's an implied 4.50% upside for Merit Medical Systems Inc from these most-recent analyst ratings.

Analyst Trends and Forecast
1
Jun
4
Jul
3
1
Aug
4
2
Sep
4
Oct
Buy
Hold
Sell
Strong Sell
Analyst Rating and Forecast
12345
3.8
Buy
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

Needham
Barrington Research
Baird
Wells Fargo
B of A Securities

1calculated from analyst ratings

Analyst Ratings for Merit Medical Systems

Data brought to you by Benzinga APIs

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 Needham on October 31, 2024. The analyst firm set a price target for $109.00 expecting MMSI to rise to within 12 months (a possible 2.93% upside). 34 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 Needham, and Merit Medical Systems reiterated their buy 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 October 31, 2024 so you should expect the next rating to be made available sometime around October 31, 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 reiterated with a price target of $109.00 to $109.00. The current price Merit Medical Systems (MMSI) is trading at is $105.90, which is out of the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

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