MIMECAST LTD (MIME) Forecast, Price Target & Analyst Ratings

NASDAQ:MIMEGB00BYT5JK65

Current stock price

79.92
+0.03 (+0.04%)
At close:
79.96
+0.04 (+0.05%)
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 MIMECAST LTD (MIME).

Forecast Snapshot

Consensus Price Target

Price Target
$82.53
+ 3.26% Upside

Next Earnings Forecast

Earnings Estimate
Release Date
Jun 3, 2022
Period
Q4 / 2022
EPS Estimate
$0.42
Revenue Estimate
178.9M

ChartMill Buy Consensus

Rating
69.41%
Weighted Analyst Rating Score

Price Target Details & History

Consensus Price Target and Range

Mean target
$82.53
Upside
+ 3.26%
From current price of $79.92 to mean target of $82.53, Based on 17 analyst forecasts
Low
$80.80
Median
$81.60
High
$92.40

Price Target Revisions

1 Month
N/A
3 Months
N/A

Price Target Summary

17 Wall Street analysts provided a forecast for the next 12 months for MIME. The average price target is 82.53 null. This implies a price increase of 3.26% is expected in the next year compared to the current price of 79.92.

Analyst Ratings & History

Current Analyst Ratings

MIME Current Analyst RatingMIME Current Analyst Buy, Sell and Hold Ratings.Current Analyst Rating Strong Buy Buy Hold Sell Strong Sell 2 4 6 8 10

Analyst Ratings History

MIME Historical Analyst RatingsMIME Historical Analyst Buy, Sell and Hold Ratings and number of analysts.Historical Monthly Analyst Rating -19 -17 -15 -13 -11 -9 -7 -5 -3 -1 5 10 15 20

Analyst Ratings Consensus

ChartMill Buy Consensus
69.41%
MIME was analyzed by 17 analysts. The buy percentage consensus is at 69. So analysts seem to be have mildly positive about MIME.
In the previous month the buy percentage consensus was at a similar level.
MIME was analyzed by 17 analysts, which should be a sufficient number of analysts to have a meaningful average consensus rating.

Recent Upgrades & Downgrades

DateFirmActionFrom → To
2022-05-23HC Wainwright & Co.Maintains Buy
2022-01-19BarclaysDowngrade Overweight -> Equal-Weight
2021-12-15Truist SecuritiesDowngrade Buy -> Hold
2021-12-10BerenbergDowngrade Buy -> Hold
2021-12-07NeedhamDowngrade Buy -> Hold
2021-11-03RBC CapitalMaintains Outperform
2021-11-01RBC CapitalMaintains Outperform
2021-10-28Stephens & Co.Maintains Overweight
2021-10-13BarclaysMaintains Overweight
2021-07-26Loop CapitalDowngrade Buy -> Hold
2021-07-14NeedhamMaintains Buy

Next Earnings Forecast Details

Next Earnings Details

Release Date
Jun 3, 2022
Period
Q4 / 2022
EPS Estimate
$0.42
Revenue Estimate
178.9M
Revenue Q2Q
33.61%
EPS Q2Q
50.72%
Number of Analysts
14

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

MIME is expected to report earnings on 6/3/2022. The consensus EPS estimate for the next earnings is 0.42 null and the consensus revenue estimate is 178.90M null.

Full Analyst Estimates 2022 - 2026

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

2019 2020 2021 2022 2023 2024 2025 2026
Revenue
YoY % growth
MIME revenue by date.MIME revenue by date.
340.4M
29.97%
427M
25.44%
501.4M
17.42%
606.883M
21.04%
704.185M
16.03%
828.876M
17.71%
949.714M
14.58%
1.11B
16.87%
EBITDA
YoY % growth
MIME ebitda by date.MIME ebitda by date.
30.6M
111.03%
35.3M
15.36%
73.3M
107.65%
N/AN/AN/AN/AN/A
EBIT
YoY % growth
MIME ebit by date.MIME ebit by date.
600K
113.33%
3.1M
416.67%
35.2M
1,035.48%
N/AN/AN/AN/AN/A
Operating Margin
MIME operating margin by date.MIME operating margin by date.
0.18%0.73%7.02%N/AN/AN/AN/AN/A
EPS
YoY % growth
MIME eps by date.MIME eps by date.
0.26
2,700.00%
0.50
92.31%
1.15
130.00%
1.45
26.07%
1.63
12.26%
1.92
18.19%
2.17
12.97%
2.50
15.23%

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

Q4 / 22 Q1 / 23 Q2 / 23 Q3 / 23 Q4 / 23 Q1 / 24
EPS
Q2Q % growth
0.42
50.72%
0.41
26.59%
0.43
8.37%
0.47
24.82%
0.48
13.60%
0.46
14.57%
Revenue
Q2Q % growth
178.9M
33.61%
183.149M
28.48%
195.33M
32.67%
201.144M
32.68%
208.284M
16.42%
213.153M
16.38%
EBITDA
Q2Q % growth
N/AN/AN/AN/AN/AN/A
EBIT
Q2Q % growth
N/AN/AN/AN/AN/AN/A

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

MIME Yearly Revenue VS EstimatesMIME Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 200M 400M 600M 800M 1B
MIME Yearly EPS VS EstimatesMIME Yearly EPS VS EstimatesYearly EPS VS Estimates 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 0 0.5 1 1.5 2 2.5

Long Term Forward Growth Forecast Summary

Long Term EPS Growth (CAGR)

EPS Next 3 Year
18.71%
EPS Next 5 Year
16.84%

Long Term Revenue Growth (CAGR)

Revenue Next 3 Year
17.66%
Revenue Next 5 Year
16.88%

Long Term EBIT Growth (CAGR)

EBIT Next 3 Year
N/A
EBIT Next 5 Year
N/A

MIMECAST LTD / MIME Forecast FAQ

Can you provide the average price target for MIMECAST LTD stock?

17 analysts have analysed MIME and the average price target is 82.53 null. This implies a price increase of 3.26% is expected in the next year compared to the current price of 79.92.

When does MIMECAST LTD (MIME) report earnings?

MIMECAST LTD (MIME) will report earnings on 2022-06-03, before the market open.

Can you provide the consensus estimates for MIMECAST LTD next earnings?

The consensus EPS estimate for the next earnings of MIMECAST LTD (MIME) is 0.42 null and the consensus revenue estimate is 178.90M null.

How do analysts rate MIMECAST LTD (MIME)?

The consensus rating for MIMECAST LTD (MIME) is 69.4118 / 100 . This indicates that analysts generally have a neutral outlook on the stock.