What is the price target for MILE stock?
7 analysts have analysed MILE and the average price target is 4.08 USD. This implies a price increase of 288.57% is expected in the next year compared to the current price of 1.05.
METROMILE INC (MILE) Forecast, Price Target & Analyst Ratings
NASDAQ:MILE • US5916971071
Current stock price
1.05 USD
+0.07 (+7.67%)
At close:
1.02 USD
-0.03 (-2.86%)
After Hours:
Analyst forecast overview
View the latest analyst price targets, stock forecast, EPS estimates, revenue projections, revisions, full estimates, rating distribution and upgrades/downgrades for METROMILE INC (MILE).
Forecast Snapshot
Next Earnings Forecast
Earnings Estimate- Release Date
- Aug 8, 2022
- Period
- Q2 / 2022
- EPS Estimate
- -$0.24
- Revenue Estimate
- 23.664M
Price Target Details & History
Consensus Price Target and Range
Mean target
$4.08
Upside
+ 288.57%
From current price of $1.05 to mean target of $4.08, Based on 7 analyst forecasts
Low
$1.01
Median
$4.08
High
$7.35
Price Target Revisions
1 Month
N/A
3 Months
N/A
Price Target Summary
7 Wall Street analysts provided a forecast for the next 12 months for MILE. The average price target is 4.08 USD. This implies a price increase of 288.57% is expected in the next year compared to the current price of 1.05.
Analyst Ratings & History
Current Analyst Ratings
Analyst Ratings History
Analyst Ratings Consensus
ChartMill Buy Consensus
45.71%
MILE was analyzed by 7 analysts. The buy percentage consensus is at 46. So analysts seem to be rather neutral about MILE.
In the previous month the buy percentage consensus was at a similar level.
MILE was analyzed by 7 analysts. More opinions would make the average more meaningful.
Recent Upgrades & Downgrades
| Date | Firm | Action | From → To |
|---|---|---|---|
| 2022-05-11 | Piper Sandler | Maintains | Neutral |
| 2022-01-13 | Piper Sandler | Maintains | Neutral |
| 2021-11-16 | Piper Sandler | Maintains | Neutral |
| 2021-08-10 | Cantor Fitzgerald | Downgrade | Overweight -> Neutral |
| 2021-08-10 | Piper Sandler | Downgrade | Overweight -> Neutral |
| 2021-05-04 | Cantor Fitzgerald | Initiate | Overweight |
| 2021-04-06 | Piper Sandler | Initiate | Overweight |
Next Earnings Forecast Details
Next Earnings Details
- Release Date
- Aug 8, 2022
- Period
- Q2 / 2022
- EPS Estimate
- -$0.24
- Revenue Estimate
- 23.664M
- Revenue Q2Q
- -15.78%
- EPS Q2Q
- 27.36%
- Number of Analysts
- 4
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
MILE is expected to report earnings on 8/8/2022. The consensus EPS estimate for the next earnings is -0.24 USD and the consensus revenue estimate is 23.66M USD.
Full Analyst Estimates
Yearly Earnings Per Share (EPS), Revenue, EBIT, EBITDA and Operating Margin Analyst Estimates
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | ||
|---|---|---|---|---|---|---|---|---|
| Revenue YoY % growth | 104.897M | 105.839M 0.90% | 147.866M 39.71% | 189.11M 27.89% | 246.695M 30.45% | |||
| EBITDA YoY % growth | N/A | N/A | -180.485M | -120.054M 33.48% | -104.346M 13.08% | -119.737M -14.75% | -140.147M -17.05% | |
| EBIT YoY % growth | -580K | -197.706M -33,987.24% | -133.926M 32.26% | -118.218M 11.73% | -133.967M -13.32% | -154.85M -15.59% | ||
| Operating Margin | N/A | N/A | -188.48% | -126.54% | -79.95% | -70.84% | -62.77% | |
| EPS YoY % growth | N/A | N/A | -2.24 | -0.84 62.43% | -0.57 32.73% | -0.77 -36.50% | -1.08 -39.23% |
Quarterly Earnings Per Share (EPS), Revenue, EBIT and EBITDA Analyst Estimates
| Q2 / 22 | Q3 / 22 | Q4 / 22 | Q1 / 23 | Q2 / 23 | Q3 / 23 | Q4 / 23 | |
|---|---|---|---|---|---|---|---|
| EPS Q2Q % growth | -0.24 27.36% | -0.27 -26.29% | -0.26 22.73% | -0.32 -17.11% | -0.19 19.15% | -0.20 23.08% | -0.17 32.00% |
| Revenue Q2Q % growth | 23.664M -15.78% | 30.6M 2.00% | 30.396M 2.96% | 41.412M 100.07% | 29.58M 25.00% | 37.842M 23.67% | 39.066M 28.52% |
| EBITDA Q2Q % growth | -26.724M 33.01% | -32.946M -31.07% | -30.6M 7.64% | -33.15M -13.55% | -24.48M 8.40% | -26.01M 21.05% | -20.706M 32.33% |
| EBIT Q2Q % growth | -29.07M 39.54% | -35.802M 4.93% | -33.864M 32.75% | -41.616M -20.80% | -25.908M 10.88% | -27.744M 22.51% | -22.95M 32.23% |
Yearly Earnings Per Share (EPS) and Revenue Trends vs Historical Data
Long Term Forward Growth Forecast Summary
Long Term EPS Growth (CAGR)
EPS Next 3 Year
18.29%
EPS Next 5 Year
11.03%
Long Term Revenue Growth (CAGR)
Revenue Next 3 Year
29.37%
Revenue Next 5 Year
29.64%
Long Term EBIT Growth (CAGR)
EBIT Next 3 Year
N/A
EBIT Next 5 Year
N/A
METROMILE INC / MILE Forecast FAQ
Can you provide the upcoming earnings date for METROMILE INC?
METROMILE INC (MILE) will report earnings on 2022-08-08.
Can you provide the consensus estimates for METROMILE INC next earnings?
The consensus EPS estimate for the next earnings of METROMILE INC (MILE) is -0.24 USD and the consensus revenue estimate is 23.66M USD.
How many analysts have analysed METROMILE INC (MILE)?
The number of analysts covering METROMILE INC (MILE) is 7.