MannKind Corporation (MNKD)
NASDAQ: MNKD · IEX Real-Time Price · USD
4.670
+0.170 (3.78%)
May 31, 2024, 4:00 PM EDT - Market closed
MannKind Stock Forecast
Stock Price Forecast
The 3 analysts with 12-month price forecasts for MannKind stock have an average target of 8.00, with a low estimate of 6.50 and a high estimate of 10. The average target predicts an increase of 71.31% from the current stock price of 4.67.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for MannKind stock from 3 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Buy | 3 | 2 | 2 | 2 | 2 | 2 |
| Hold | 0 | 0 | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 4 | 3 | 3 | 3 | 3 | 3 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Cantor Fitzgerald | Cantor Fitzgerald | Buy Reiterates $6.5 | Buy | Reiterates | $6.5 | +39.19% | May 9, 2024 |
| Cantor Fitzgerald | Cantor Fitzgerald | Buy Reiterates $6.5 | Buy | Reiterates | $6.5 | +39.19% | Mar 15, 2024 |
| Cantor Fitzgerald | Cantor Fitzgerald | Buy Reiterates $6.5 | Buy | Reiterates | $6.5 | +39.19% | Feb 28, 2024 |
| HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy Reiterates $7.5 | Strong Buy | Reiterates | $7.5 | +60.60% | Jan 4, 2024 |
| Wedbush | Wedbush | Buy Initiates $10 | Buy | Initiates | $10 | +114.13% | Oct 10, 2023 |
Financial Forecast
Revenue This Year
277.74M
from 198.96M
Increased by 39.59%
Revenue Next Year
345.32M
from 277.74M
Increased by 24.33%
EPS This Year
0.12
from -0.04
EPS Next Year
0.27
from 0.12
Increased by 126.09%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 310.2M | 378.0M | 447.2M | 501.9M | 513.5M |
| Avg | 277.7M | 345.3M | 417.5M | 423.8M | 475.1M |
| Low | 257.5M | 314.7M | 371.5M | 345.8M | 434.8M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 55.9% | 36.1% | 29.5% | 20.2% | 21.2% |
| Avg | 39.6% | 24.3% | 20.9% | 1.5% | 12.1% |
| Low | 29.4% | 13.3% | 7.6% | -17.2% | 2.6% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 0.18 | 0.40 | 0.56 | 0.51 |
| Avg | 0.12 | 0.27 | 0.45 | 0.50 |
| Low | 0.09 | 0.20 | 0.28 | 0.48 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | - | 240.2% | 109.8% | 14.6% |
| Avg | - | 126.1% | 69.2% | 11.4% |
| Low | - | 67.1% | 7.2% | 7.0% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.