Free Trial

Merit Medical Systems (MMSI) Stock Forecast & Price Target

Merit Medical Systems logo
$98.22 +1.95 (+2.03%)
(As of 12/20/2024 05:31 PM ET)

Merit Medical Systems - Analysts' Recommendations and Stock Price Forecast (2025)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Sell
0
Hold
1
Buy
10

Based on 11 Wall Street analysts who have issued ratings for Merit Medical Systems in the last 12 months, the stock has a consensus rating of "Buy." Out of the 11 analysts, 1 has given a hold rating, 9 have given a buy rating, and 1 has given a strong buy rating for MMSI.

Consensus Price Target

$105.60
7.51% Upside
According to the 11 analysts' twelve-month price targets for Merit Medical Systems, the average price target is $105.60. The highest price target for MMSI is $127.00, while the lowest price target for MMSI is $87.00. The average price target represents a forecasted upside of 7.51% from the current price of $98.22.
Get the Latest News and Ratings for MMSI and Related Stocks

Enter your email address to receive the latest news and analysts' ratings for Merit Medical Systems and its competitors.

Sign Up

MMSI Analyst Ratings Over Time

TypeCurrent Forecast
12/22/23 to 12/21/24
1 Month Ago
11/22/23 to 11/21/24
3 Months Ago
9/23/23 to 9/22/24
1 Year Ago
12/22/22 to 12/22/23
Strong Buy
1 Strong Buy rating(s)
1 Strong Buy rating(s)
1 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
9 Buy rating(s)
9 Buy rating(s)
9 Buy rating(s)
6 Buy rating(s)
Hold
1 Hold rating(s)
2 Hold rating(s)
2 Hold rating(s)
0 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
Consensus Price Target$105.60$103.36$101.82$91.86
Forecasted Upside7.51% Upside-1.59% Downside2.27% Upside21.52% Upside
Consensus Rating
Buy
Moderate Buy
Moderate Buy
Buy

MMSI Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
Skip Chart & View Analyst Rating History

MMSI Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
Skip Chart and View Analyst Price Target HistorySkip Chart & View Price History Table

Merit Medical Systems Stock vs. The Competition

TypeMerit Medical SystemsMedical CompaniesS&P 500
Consensus Rating Score
3.00
2.81
2.51
Consensus RatingBuyModerate BuyModerate Buy
Predicted Upside7.51% Upside25,828.60% Upside14.54% Upside
News Sentiment Rating
Positive News

See Recent MMSI News
Positive News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
12/11/2024Wells Fargo & Company
3 of 5 stars
L. Biegelsen
Subscribe to MarketBeat All Access for the recommendation accuracy rating
UpgradeEqual Weight ➝ Overweight$103.00 ➝ $120.00+15.62%
12/9/2024Canaccord Genuity Group
1 of 5 stars
 Boost TargetBuy ➝ Buy$125.00 ➝ $127.00+23.54%
10/31/2024Barrington Research
4 of 5 stars
 Reiterated RatingOutperform ➝ Outperform$114.00 ➝ $114.00+14.75%
10/31/2024Needham & Company LLC
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Reiterated RatingBuy ➝ Buy$109.00 ➝ $109.00+9.71%
10/31/2024Robert W. Baird
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost TargetOutperform ➝ Outperform$107.00 ➝ $109.00+14.86%
9/16/2024Bank of America
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost TargetNeutral ➝ Neutral$92.00 ➝ $103.00+6.57%
9/9/2024Piper Sandler
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Reiterated RatingOverweight ➝ Overweight$100.00 ➝ $110.00+13.44%
6/28/2024Baird R W
Subscribe to MarketBeat All Access for the recommendation accuracy rating
D. Rescott
Subscribe to MarketBeat All Access for the recommendation accuracy rating
UpgradeStrong-Buy
4/11/2024CL King
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Initiated CoverageBuy$88.00+22.31%
2/29/2024Oppenheimer
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost TargetOutperform ➝ Outperform$82.00 ➝ $87.00+11.27%
1/30/2024Raymond James
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost TargetOutperform ➝ Outperform$84.00 ➝ $89.00+10.89%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Saturday at 09:05 AM ET.


MMSI Forecast - Frequently Asked Questions

According to the research reports of 11 Wall Street equities research analysts, the average twelve-month stock price forecast for Merit Medical Systems is $105.60, with a high forecast of $127.00 and a low forecast of $87.00.

11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Merit Medical Systems in the last year. There is currently 1 hold rating, 9 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" MMSI shares.

According to analysts, Merit Medical Systems's stock has a predicted upside of 7.51% based on their 12-month stock forecasts.

Over the previous 90 days, Merit Medical Systems's stock had 1 upgrade by analysts.

Merit Medical Systems has been rated by research analysts at Barrington Research, Canaccord Genuity Group, Needham & Company LLC, Robert W. Baird, and Wells Fargo & Company in the past 90 days.

Analysts like Merit Medical Systems more than other "medical" companies. The consensus rating for Merit Medical Systems is Buy while the average consensus rating for "medical" companies is Moderate Buy. Learn more on how MMSI compares to other companies.


This page (NASDAQ:MMSI) was last updated on 12/21/2024 by MarketBeat.com Staff
From Our Partners