MERIDA MERGER CORP I (MCMJ) Forecast, Price Target & Analyst Ratings

NASDAQ:MCMJ

6.53
+0.1 (+1.56%)
At close: Feb 4, 2022
6.8
+0.27 (+4.13%)
After Hours: 2/4/2022, 8:00:01 PM

View the latest analyst price targets, stock forecast, EPS estimates, revenue projections, revisions, full estimates, rating distribution and upgrades/downgrades for MERIDA MERGER CORP I (MCMJ).

Forecast Snapshot

Consensus Price Target

Price Target
$15.30
+ 134.30% Upside

Next Earnings Forecast

Earnings Estimate
Release DateN/A
PeriodQ4 / 2021
EPS Estimate-$0.12
Revenue Estimate12.057M

ChartMill Buy Consensus

Rating
82.86%
Weighted Analyst Rating Score

Price Target Details & History

Consensus Price Target and Range

Mean target
$15.30
Upside
+ 134.30%
From current price of $6.53 to mean target of $15.30, Based on 7 analyst forecasts
Low
$15.15
Median
$15.30
High
$15.75

Price Target Revisions

1 Month
N/A
3 Months
N/A

Price Target Summary

7 analysts have analysed MCMJ and the average price target is 15.3 null. This implies a price increase of 134.3% is expected in the next year compared to the current price of 6.53.
→ Find peer stocks trading 30% below analyst price target

Analyst Ratings & History

Current Analyst Ratings

MCMJ Current Analyst RatingMCMJ Current Analyst Buy, Sell and Hold Ratings.Current Analyst Rating Strong Buy Buy Hold Sell Strong Sell 0 0 0 0 0

Analyst Ratings History

MCMJ Historical Analyst RatingsMCMJ Historical Analyst Buy, Sell and Hold Ratings and number of analysts.Historical Monthly Analyst Rating -2 -1 0 2 4 6

Analyst Ratings Consensus

ChartMill Buy Consensus
82.86%
MCMJ was analyzed by 7 analysts. The buy percentage consensus is at 83. So analysts seem to be very confident about MCMJ.
In the previous month the buy percentage consensus was at a similar level.
MCMJ was analyzed by 7 analysts. More opinions would make the average more meaningful.
→ Find peer stocks with a buy consensus above 85%

Recent Upgrades & Downgrades

DateFirmActionFrom → To
2021-11-11BenchmarkInitiate Buy

Next Earnings Forecast Details

Next Earnings Details

Release DateN/A
PeriodQ4 / 2021
EPS Estimate-$0.12
Revenue Estimate12.057M
Revenue Q2QN/A
EPS Q2QN/A
Number of Analysts3

Next Earnings Revisions

Revenue (1 Month)
N/A
Revenue (3 Months)
N/A
EPS (1 Month)
N/A
EPS (3 Months)
N/A

Next Earnings Summary

→ Find peers expecting at least 20% revenue growth next quarter

Full Analyst Estimates

Yearly Earnings Per Share (EPS), Revenue, EBIT, EBITDA and Operating Margin Analyst Estimates

2018 2019 2020 2021 2022 2023 2024 2025
Revenue
YoY % growth
MCMJ revenue by date.MCMJ revenue by date.
N/AN/A
52.85%
N/A
54.71%
N/A
50.76%
N/A
53.78%
EBITDA
YoY % growth
MCMJ ebitda by date.MCMJ ebitda by date.
N/AN/AN/AN/AN/AN/AN/AN/A
EBIT
YoY % growth
MCMJ ebit by date.MCMJ ebit by date.
-167.53K-661.22K
-294.69%
N/AN/AN/AN/AN/A
Operating Margin
MCMJ operating margin by date.MCMJ operating margin by date.
N/AN/AN/AN/AN/AN/AN/AN/A
EPS
YoY % growth
MCMJ eps by date.MCMJ eps by date.
N/AN/AN/AN/AN/A
-104.76%
N/A
39.53%
N/A
33.93%
N/A
32.61%

Quarterly Earnings Per Share (EPS), Revenue, EBIT and EBITDA Analyst Estimates

Q4 / 21 Q1 / 22 Q2 / 22 Q3 / 22 Q4 / 22 Q1 / 23 Q2 / 23 Q3 / 23 Q4 / 23
EPS
Q2Q % growth
-0.12-0.10-0.11-0.12-0.13
-8.33%
-0.05
50.00%
-0.06
45.45%
-0.06
50.00%
-0.06
53.85%
Revenue
Q2Q % growth
12.057M14.529M16.122M17.202M18.853M
56.36%
23.072M
58.80%
25.355M
57.27%
26.819M
55.90%
28.322M
50.23%
EBITDA
Q2Q % growth
N/AN/AN/AN/AN/AN/AN/AN/AN/A
EBIT
Q2Q % growth
N/AN/AN/AN/AN/AN/AN/AN/AN/A

Yearly Earnings Per Share (EPS) and Revenue Trends vs Historical Data

MCMJ Yearly Revenue VS EstimatesMCMJ Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2021 2022 2023 2024 2025 50M 100M 150M 200M
MCMJ Yearly EPS VS EstimatesMCMJ Yearly EPS VS EstimatesYearly EPS VS Estimates 2021 2022 2023 2024 2025 -0.1 -0.2 -0.3 -0.4

Long Term Forward Growth Forecast Summary

Long Term EPS Growth (CAGR)

EPS Next 3 Year
-32.32%
EPS Next 5 Year
-0.62%

Long Term Revenue Growth (CAGR)

Revenue Next 3 Year
N/A
Revenue Next 5 Year
N/A

Long Term EBIT Growth (CAGR)

EBIT Next 3 Year
N/A
EBIT Next 5 Year
N/A
→ Find peers expecting at least 20% CAGR revenue growth over the next 3 years

MERIDA MERGER CORP I / MCMJ Forecast FAQ

What do analysts expect the price target to be for MERIDA MERGER CORP I (MCMJ)?

7 analysts have analysed MCMJ and the average price target is 15.3 null. This implies a price increase of 134.3% is expected in the next year compared to the current price of 6.53.


Can you provide the consensus estimates for MERIDA MERGER CORP I next earnings?

The consensus EPS estimate for the next earnings of MERIDA MERGER CORP I (MCMJ) is -0.12 null and the consensus revenue estimate is 12.06M null.


How many analysts cover MERIDA MERGER CORP I (MCMJ) stock?

The number of analysts covering MERIDA MERGER CORP I (MCMJ) is 7.