Morphic Holding, Inc. (MORF)
NASDAQ: MORF · IEX Real-Time Price · USD
30.38
+1.15 (3.93%)
May 20, 2024, 3:36 PM EDT - Market open
Morphic Holding Stock Forecast
Stock Price Forecast
The 5 analysts with 12-month price forecasts for Morphic Holding stock have an average target of 54.4, with a low estimate of 33 and a high estimate of 75. The average target predicts an increase of 79.07% from the current stock price of 30.38.
Analyst Consensus: Buy
* Price targets were last updated on Mar 8, 2024.
Analyst Ratings
The average analyst rating for MORF stock from 6 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 3 | 3 | 3 |
| Buy | 4 | 4 | 4 | 3 | 3 | 1 |
| Hold | 2 | 2 | 2 | 2 | 2 | 2 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 8 | 8 | 8 | 8 | 8 | 6 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Canaccord Genuity | Canaccord Genuity | Strong Buy Maintains $68 → $66 | Strong Buy | Maintains | $68 → $66 | +117.25% | Mar 8, 2024 |
| Citigroup | Citigroup | Strong Buy Initiates $46 | Strong Buy | Initiates | $46 | +51.42% | Dec 8, 2023 |
| BMO Capital | BMO Capital | Buy Maintains $106 → $52 | Buy | Maintains | $106 → $52 | +71.17% | Sep 28, 2023 |
| Stifel | Stifel | Hold Maintains $61 → $33 | Hold | Maintains | $61 → $33 | +8.62% | Sep 25, 2023 |
| BTIG | BTIG | Strong Buy → Hold Downgrades n/a | Strong Buy → Hold | Downgrades | n/a | n/a | Sep 25, 2023 |
Financial Forecast
Revenue This Year
255.00K
from 521.00K
Decreased by -51.06%
Revenue Next Year
340.00K
from 255.00K
Increased by 33.33%
EPS This Year
-3.97
from -3.59
EPS Next Year
-4.32
from -3.97
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 2.1M | 2.1M | 2.1M | 4.2M | 307.7M |
| Avg | 255,000 | 339,997 | 408,000 | 1.2M | 156.5M |
| Low | n/a | n/a | n/a | n/a | n/a |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 303.1% | 723.5% | 517.7% | 929.4% | 25,034.8% |
| Avg | -51.1% | 33.3% | 20.0% | 200.0% | 12,688.4% |
| Low | - | - | - | - | - |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | -3.50 | -3.66 | -3.84 | -4.29 | -1.94 |
| Avg | -3.97 | -4.32 | -4.51 | -5.07 | -3.49 |
| Low | -4.56 | -4.79 | -5.40 | -5.71 | -4.40 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | - | - | - | - | - |
| Avg | - | - | - | - | - |
| Low | - | - | - | - | - |
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.