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Model N (MODN) Stock Forecast & Price Target

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MODN Analyst Ratings Over Time

TypeCurrent Forecast
11/25/23 to 11/24/24
1 Month Ago
10/26/23 to 10/25/24
3 Months Ago
8/27/23 to 8/26/24
1 Year Ago
11/25/22 to 11/25/23
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
0 Buy rating(s)
1 Buy rating(s)
1 Buy rating(s)
4 Buy rating(s)
Hold
7 Hold rating(s)
8 Hold rating(s)
8 Hold rating(s)
3 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
Consensus Price Target$29.00$30.25$30.25$35.60
Forecasted Upside-3.33% Downside0.83% Upside0.83% Upside51.04% Upside
Consensus Rating
Hold
Hold
Hold
Moderate Buy

MODN 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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MODN 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.
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Model N Stock vs. The Competition

TypeModel NComputer and Technology CompaniesS&P 500
Consensus Rating Score
2.00
2.68
2.50
Consensus RatingHoldModerate BuyModerate Buy
Predicted Upside-3.33% Downside534.25% Upside7.66% Upside
News Sentiment Rating
Neutral News

See Recent MODN News
Positive News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
5/7/2024Needham & Company LLC
3 of 5 stars
 Reiterated RatingHold
5/6/2024JMP Securities
2 of 5 stars
 Reiterated RatingMarket Perform
4/10/2024Morgan Stanley
3 of 5 stars
 Reiterated RatingOverweight ➝ Equal Weight$37.00 ➝ $30.00+1.01%
4/9/2024Craig Hallum
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 Reiterated RatingBuy ➝ Hold$30.00+0.77%
4/9/2024Royal Bank of Canada
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 Reiterated RatingSector Perform ➝ Sector Perform$30.00+0.70%
4/8/2024Robert W. Baird
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 Reiterated RatingOutperform ➝ Neutral$30.00+0.47%
12/13/2023JPMorgan Chase & Co.
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 DowngradeOverweight ➝ Neutral$30.00 ➝ $25.00+11.61%
11/10/2023The Goldman Sachs Group
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 Lower TargetBuy ➝ Buy$42.00 ➝ $36.00+67.99%
11/10/2023BTIG Research
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 DowngradeBuy ➝ Neutral
8/9/2023Truist Financial
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 Lower Target$52.00 ➝ $40.00+38.26%
8/8/2023Jefferies Financial Group
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 Lower Target$40.00 ➝ $36.00+12.96%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Monday at 12:00 AM ET.


MODN Forecast - Frequently Asked Questions

According to the research reports of 7 Wall Street equities research analysts, the average twelve-month stock price forecast for Model N is $29.00, with a high forecast of $30.00 and a low forecast of $25.00.

7 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Model N in the last twelve months. There are currently 7 hold ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" MODN shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in MODN, but not buy additional shares or sell existing shares.

According to analysts, Model N's stock has a predicted downside of -3.33% based on their 12-month stock forecasts.

Analysts like Model N less than other "computer and technology" companies. The consensus rating for Model N is Hold while the average consensus rating for "computer and technology" companies is Moderate Buy. Learn more on how MODN compares to other companies.


This page (NYSE:MODN) was last updated on 11/24/2024 by MarketBeat.com Staff
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