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Malibu Boats (MBUU) Stock Forecast & Price Target

$39.72
+0.48 (+1.22%)
(As of 11:13 AM ET)

Malibu Boats - Analysts' Recommendations and Stock Price Forecast (2024)

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

Based on 7 Wall Street analysts who have issued ratings for Malibu Boats in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 7 analysts, 3 have given a hold rating, and 4 have given a buy rating for MBUU.

Consensus Price Target

$40.00
0.70% Upside
High Forecast$46.00
Average Forecast$40.00
Low Forecast$32.00

According to the 7 analysts' twelve-month price targets for Malibu Boats, the average price target is $40.00. The highest price target for MBUU is $46.00, while the lowest price target for MBUU is $32.00. The average price target represents a forecasted upside of 0.70% from the current price of $39.72.

TypeCurrent Forecast
9/20/23 to 9/19/24
1 Month Ago
8/21/23 to 8/20/24
3 Months Ago
6/22/23 to 6/21/24
1 Year Ago
9/20/22 to 9/20/23
Consensus Rating
Moderate Buy
Hold
Moderate Buy
Moderate Buy
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
4 Buy rating(s)
3 Buy rating(s)
4 Buy rating(s)
5 Buy rating(s)
Hold
3 Hold rating(s)
4 Hold rating(s)
3 Hold rating(s)
2 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
Consensus Price Target$40.00$40.00$43.14$63.86
Forecasted Upside0.70% Upside17.84% Upside18.02% Upside18.53% Upside

MBUU 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.
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MBUU 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

Malibu Boats Stock vs. The Competition

TypeMalibu BoatsConsumer Discretionary CompaniesS&P 500
Consensus Rating Score
2.57
2.55
2.50
Consensus RatingModerate BuyModerate BuyModerate Buy
Predicted Upside1.94% Upside1,174.85% Upside7.93% Upside
News Sentiment RatingNeutral News
Positive News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
9/10/2024DA Davidson
3 of 5 stars
B. Rolle
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Reiterated RatingBuy ➝ Buy$45.00 ➝ $45.00+27.62%
7/10/2024B. Riley
4 of 5 stars
 Lower TargetNeutral ➝ Neutral$39.00 ➝ $35.00+13.82%
7/8/2024Truist Financial
1 of 5 stars
M. Swartz
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Reiterated RatingBuy ➝ Hold$32.00-1.99%
5/22/2024Benchmark
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M. Albanese
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Initiated CoverageBuy$44.00+27.43%
5/3/2024KeyCorp
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 Lower TargetOverweight ➝ Overweight$50.00 ➝ $38.00+16.42%
5/3/2024Robert W. Baird
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 Lower TargetOutperform ➝ Outperform$50.00 ➝ $40.00+25.83%
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4/15/2024Raymond James
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 DowngradeOutperform ➝ Market Perform
2/8/2023BMO Capital Markets
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 Boost TargetOutperform$76.00 ➝ $80.00+26.22%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Thursday at 11:39 AM ET.

MBUU Forecast - Frequently Asked Questions

What is Malibu Boats' forecast for 2024?

According to the research reports of 7 Wall Street equities research analysts, the average twelve-month stock price forecast for Malibu Boats is $40.00, with a high forecast of $46.00 and a low forecast of $32.00.

Should I buy or sell Malibu Boats stock right now?

7 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Malibu Boats in the last year. There are currently 3 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" MBUU shares.

Does Malibu Boats's stock price have much upside?

According to analysts, Malibu Boats's stock has a predicted upside of 19.05% based on their 12-month stock forecasts.

Has Malibu Boats been downgraded by Wall Street analysts recently?

Over the previous 90 days, Malibu Boats's stock had 1 downgrade by analysts.

What analysts cover Malibu Boats?

Malibu Boats has been rated by research analysts at B. Riley, DA Davidson, and Truist Financial in the past 90 days.

Do Wall Street analysts like Malibu Boats more than its competitors?

Analysts like Malibu Boats more than other "consumer discretionary" companies. The consensus rating score for Malibu Boats is 2.57 while the average consensus rating score for "consumer discretionary" companies is 2.55. Learn more on how MBUU compares to other companies.



This page (NASDAQ:MBUU) was last updated on 9/19/2024 by MarketBeat.com Staff
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