Merit Medical Systems Inc
NASDAQ:MMSI

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Merit Medical Systems Inc
NASDAQ:MMSI
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Price: 105.33 USD 0.29% Market Closed
Market Cap: 6.1B USD
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Wall Street
Price Targets

MMSI Price Targets Summary
Merit Medical Systems Inc

Wall Street analysts forecast MMSI stock price to rise over the next 12 months.

According to Wall Street analysts, the average 1-year price target for MMSI is 112.29 USD with a low forecast of 104.03 USD and a high forecast of 131.25 USD.

Lowest
Price Target
104.03 USD
1% Downside
Average
Price Target
112.29 USD
7% Upside
Highest
Price Target
131.25 USD
25% Upside

MMSI Last Price Targets
Merit Medical Systems Inc

The latest public price target was made on Oct 15, 2024 by David Rescott from Robert W. Baird , who expects MMSI stock to rise by 2% over the next 12 months. You can read more about this price target by viewing the article on StreetInsider.

Analyst Price Target Date Article
David Rescott
Robert W. Baird
107 USD
Upside 2%
1 month ago
Oct 15, 2024
Merit Medical Systems, Inc. (MMSI) PT Raised to $107 at Baird
StreetInsider
Larry Biegelsen
Wells Fargo
103 USD
Downside 2%
2 months ago
Sep 16, 2024
Merit Medical Systems, Inc. (MMSI) PT Raised to $103 at Wells Fargo
StreetInsider
Mike Matson
Needham
105 USD
Downside 0%
2 months ago
Sep 16, 2024
Needham Reiterates Buy Rating on Merit Medical Systems, Inc. (MMSI)
StreetInsider
Craig Bijou
Bank of America Securities
103 USD
Downside 2%
2 months ago
Sep 16, 2024
Merit Medical Systems, Inc. (MMSI) PT Raised to $103 at BofA Securities
StreetInsider
Jason Bednar
Piper Sandler
110 USD
Upside 4%
2 months ago
Sep 9, 2024
Merit Medical price target raised to $110 from $100 at Piper Sandler
TheFly
Craig Bijou
Bank of America Securities
92 USD
Downside 13%
3 months ago
Aug 5, 2024
Merit Medical Systems, Inc. (MMSI) PT Raised to $92 at BofA Securities
StreetInsider
Jason Bednar
Piper Sandler
100 USD
Downside 5%
3 months ago
Aug 2, 2024
Merit Medical price target raised to $100 from $97 at Piper Sandler
TheFly
John Young
Canaccord Genuity
125 USD
Upside 19%
4 months ago
Jul 2, 2024
Merit Medical price target raised to $125 from $102 at Canaccord
TheFly
Larry Biegelsen
Wells Fargo
85 USD
Downside 19%
5 months ago
Jun 13, 2024
Wells Fargo Reiterates Equal Weight Rating on Merit Medical Systems, Inc. (MMSI)
StreetInsider
Jason Bednar
Piper Sandler
97 USD
Downside 8%
6 months ago
May 1, 2024
Merit Medical Systems, Inc. (MMSI) PT Raised to $97 at Piper Sandler
StreetInsider
Kristen Stewart
C.L. King
88 USD
Downside 16%
7 months ago
Apr 11, 2024
Merit Medical initiated with a Buy at CL King
TheFly
Mike Matson
Needham
81 USD
Downside 23%
1 year ago
Oct 27, 2023
Merit Medical Systems Had A Solid Q3, But This Analyst Has Lowered The Price Target On The Stock
Benzinga
Michael Petusky
Barrington
95 USD
Downside 10%
1 year ago
Jul 6, 2023
Merit Medical's Recent M&A Efforts Set To Show Early Impact In FY24: Analyst Insight
Benzinga
Mike Matson
Needham
96 USD
Downside 9%
1 year ago
Jun 9, 2023
Future Of Merit Medical Systems: Analyst Predictions On Revenue Growth And Operating Margin Improvement
Benzinga
Mike Matson
Needham
90 USD
Downside 15%
1 year ago
Apr 27, 2023
Merit Medical To See Sustained Revenue Growth Despite Macro Headwinds, Bullish Analyst Says
Benzinga
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David Rescott
Robert W. Baird
Price Target 107 USD
Upside/Downside 2%
View Source
Larry Biegelsen
Wells Fargo
Price Target 103 USD
Upside/Downside 2%
View Source
Mike Matson
Needham
Price Target 105 USD
Upside/Downside 0%
View Source
Craig Bijou
Bank of America Securities
Price Target 103 USD
Upside/Downside 2%
View Source
Jason Bednar
Piper Sandler
Price Target 110 USD
Upside/Downside 4%
View Source
Craig Bijou
Bank of America Securities
Price Target 92 USD
Upside/Downside 13%
View Source
Jason Bednar
Piper Sandler
Price Target 100 USD
Upside/Downside 5%
View Source
John Young
Canaccord Genuity
Price Target 125 USD
Upside/Downside 19%
View Source
Larry Biegelsen
Wells Fargo
Price Target 85 USD
Upside/Downside 19%
View Source
Jason Bednar
Piper Sandler
Price Target 97 USD
Upside/Downside 8%
View Source
Kristen Stewart
C.L. King
Price Target 88 USD
Upside/Downside 16%
View Source
Mike Matson
Needham
Price Target 81 USD
Upside/Downside 23%
View Source
Michael Petusky
Barrington
Price Target 95 USD
Upside/Downside 10%
View Source
Mike Matson
Needham
Price Target 96 USD
Upside/Downside 9%
View Source
Mike Matson
Needham
Price Target 90 USD
Upside/Downside 15%
View Source
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Merit Medical Systems Inc Competitors:
Price Targets
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Supermax Corporation Bhd
8% Upside
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19% Upside
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Vimian Group AB
13% Upside
301101
Mingyue Optical Lens Co Ltd
4% Upside
301122
Caina Technology Co Ltd
18% Downside
GENT
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68% Upside
TSTL
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6% Upside
300595
Autek China Inc
24% Upside

Revenue
Forecast

Revenue Estimate
Merit Medical Systems Inc

For the last 8 years the compound annual growth rate for Merit Medical Systems Inc's revenue is 11%. The projected CAGR for the next 3 years is 8%.

11%
Past Growth
8%
Estimated Growth
Estimates Accuracy
-2%
Average Miss

Operating Income
Forecast

Operating Income Estimate
Merit Medical Systems Inc

For the last 8 years the compound annual growth rate for Merit Medical Systems Inc's operating income is 17%. The projected CAGR for the next 3 years is 35%.

17%
Past Growth
35%
Estimated Growth
Estimates Accuracy
-55%
Average Miss

Net Income
Forecast

Net Income Estimate
Merit Medical Systems Inc

For the last 8 years the compound annual growth rate for Merit Medical Systems Inc's net income is 19%. The projected CAGR for the next 3 years is 37%.

19%
Past Growth
37%
Estimated Growth
Estimates Accuracy
-60%
Average Miss

See Also

Discover More
Why do you have more estimates than other sites?

Our estimates are sourced from the pool of sell-side and buy-side analysts that we have access to. What is available on other sites you are seeing are mostly from the sell-side analysts.

What is MMSI's stock price target?
Price Target
112.29 USD

According to Wall Street analysts, the average 1-year price target for MMSI is 112.29 USD with a low forecast of 104.03 USD and a high forecast of 131.25 USD.

What is Merit Medical Systems Inc's Revenue forecast?
Projected CAGR
8%

For the last 8 years the compound annual growth rate for Merit Medical Systems Inc's revenue is 11%. The projected CAGR for the next 3 years is 8%.

What is Merit Medical Systems Inc's Operating Income forecast?
Projected CAGR
35%

For the last 8 years the compound annual growth rate for Merit Medical Systems Inc's operating income is 17%. The projected CAGR for the next 3 years is 35%.

What is Merit Medical Systems Inc's Net Income forecast?
Projected CAGR
37%

For the last 8 years the compound annual growth rate for Merit Medical Systems Inc's net income is 19%. The projected CAGR for the next 3 years is 37%.

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