MERIT MEDICAL SYSTEMS INC (MMSI) Forecast, Price Target & Analyst Ratings

NASDAQ:MMSI • US5898891040

Current stock price

68.73 USD
-0.58 (-0.84%)
At close:
68.73 USD
0 (0%)
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 MERIT MEDICAL SYSTEMS INC (MMSI).

Forecast Snapshot

Consensus Price Target

Price Target
$106.08
+ 54.34% Upside
→ Price target details

Next Earnings Forecast

Earnings Estimate
Release Date
Apr 22, 2026
Period
Q1 / 2026
EPS Estimate
$0.85
Revenue Estimate
385.39M
→ Full earnings forecast details

ChartMill Buy Consensus

Rating
84.44%
Weighted Analyst Rating Score
→ Analyst Ratings details

Price Target Details & History

Consensus Price Target and Range

Mean target
$106.08
Upside
+ 54.34%
From current price of $68.73 to mean target of $106.08, Based on 18 analyst forecasts
Low
$90.90
Median
$108.12
High
$128.10

Price Target Revisions

1 Month
-0.35%
3 Months
0.53%

Price Target Summary

18 Wall Street analysts provided a forecast for the next 12 months for MMSI. The average price target is 106.08 USD. This implies a price increase of 54.34% is expected in the next year compared to the current price of 68.73.
The average price target has been revised upward by 0.53% in the past 3 months.
→ Find peer stocks trading 30% below analyst price target

Analyst Ratings & History

Current Analyst Ratings

MMSI Current Analyst RatingMMSI Current Analyst Buy, Sell and Hold Ratings.Current Analyst Rating Strong Buy Buy Hold Sell Strong Sell 2 4 6

Analyst Ratings History

MMSI Historical Analyst RatingsMMSI 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

Analyst Ratings Consensus

ChartMill Buy Consensus
84.44%
MMSI was analyzed by 18 analysts. The buy percentage consensus is at 84. So analysts seem to be very confident about MMSI.
In the previous month the buy percentage consensus was at a similar level.
MMSI was analyzed by 18 analysts, which should be a sufficient number of analysts to have a meaningful average consensus rating.
→ Find peer stocks with a buy consensus above 85%

Recent Upgrades & Downgrades

DateFirmActionFrom → To
2026-02-26Wells FargoDowngrade Overweight -> Equal-Weight
2026-02-25Barrington ResearchMaintains Outperform -> Outperform
2026-02-25NeedhamMaintains Buy -> Buy
2026-02-18Piper SandlerMaintains Overweight -> Overweight
2026-02-06BTIGInitiate Buy
2026-01-09NeedhamReiterate Buy -> Buy
2025-12-17Canaccord GenuityMaintains Buy -> Buy
2025-11-14Barrington ResearchMaintains Outperform -> Outperform
2025-11-14Wells FargoMaintains Overweight -> Overweight
2025-11-14Canaccord GenuityMaintains Buy -> Buy
2025-10-31Barrington ResearchMaintains Outperform -> Outperform
2025-10-31NeedhamReiterate Buy -> Buy
2025-10-31Piper SandlerReiterate Overweight -> Overweight
2025-10-16Canaccord GenuityMaintains Buy -> Buy
2025-10-07Barrington ResearchMaintains Outperform -> Outperform
2025-09-23Barrington ResearchMaintains Outperform -> Outperform
2025-07-31Barrington ResearchMaintains Outperform -> Outperform
2025-07-31Wells FargoMaintains Overweight -> Overweight
2025-07-31Raymond JamesMaintains Outperform -> Outperform
2025-07-31Piper SandlerMaintains Overweight -> Overweight
2025-07-18NeedhamReiterate Buy -> Buy
2025-07-08NeedhamReiterate Buy -> Buy
2025-05-23Piper SandlerMaintains Overweight -> Overweight
2025-05-21Wells FargoMaintains Overweight -> Overweight
2025-05-21Canaccord GenuityMaintains Buy -> Buy

Next Earnings Forecast Details

Next Earnings Details

Release Date
Apr 22, 2026
Period
Q1 / 2026
EPS Estimate
$0.85
Revenue Estimate
385.39M
Revenue Q2Q
8.45%
EPS Q2Q
-1.21%
Number of Analysts
13

Next Earnings Revisions

Revenue (1 Month)
-0.34%
Revenue (3 Months)
-0.19%
EPS (1 Month)
-6.30%
EPS (3 Months)
-6.30%

Next Earnings Summary

MMSI is expected to report earnings on 4/22/2026. The consensus EPS estimate for the next earnings is 0.85 USD and the consensus revenue estimate is 385.39M USD.
The next earnings revenue estimate has been revised downward by 0.19% in the past 3 months.
→ Find peers expecting at least 20% revenue growth next quarter

Full Analyst Estimates 2026 - 2030

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

2023 2024 2025 2026 2027 2028 2029 2030
Revenue
YoY % growth
MMSI revenue by date.MMSI revenue by date.
1.257B
9.24%		1.357B
7.89%		1.516B
11.75%		1.649B
8.78%		1.743B
5.70%		1.834B
5.22%		1.963B
7.03%		2.103B
7.13%
EBITDA
YoY % growth
MMSI ebitda by date.MMSI ebitda by date.
220.649M
28.58%		266.902M
20.96%		316.088M
18.43%		407.46M
28.91%		434.3M
6.59%		484.55M
11.57%		538.25M
11.08%		576.91M
7.18%
EBIT
YoY % growth
MMSI ebit by date.MMSI ebit by date.
130.664M
45.51%		164.193M
25.66%		192.92M
17.50%		341.71M
77.13%		371.44M
8.70%		373.45M
0.54%		428.2M
14.66%		466.85M
9.03%
Operating Margin
MMSI operating margin by date.MMSI operating margin by date.
10.39%12.10%12.73%20.72%21.31%20.36%21.81%22.20%
EPS
YoY % growth
MMSI eps by date.MMSI eps by date.
3.01
11.90%		3.48
15.61%		3.83
10.06%		4.14
8.19%		4.48
8.21%		4.74
5.72%		5.07
6.94%		5.33
5.23%

All data in USD

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

Q1 / 26 Q2 / 26 Q3 / 26 Q4 / 26 Q1 / 27 Q2 / 27 Q3 / 27 Q4 / 27
EPS
Q2Q % growth		0.85
-1.21%		1.09
7.94%		1.03
12.21%		1.08
4.21%		0.97
13.86%		1.16
6.22%		1.17
13.23%		1.20
10.75%
Revenue
Q2Q % growth		385.39M
8.45%		416.64M
8.94%		413.52M
7.64%		421.75M
7.06%		417.04M
8.21%		443.4M
6.42%		442.5M
7.01%		448.05M
6.24%
EBITDA
Q2Q % growth		83.367M
18.55%		105.76M
-1.34%		95.68M
-28.73%		98.186M
-46.54%		89.954M
7.90%		104.26M
-1.42%		111.19M
16.21%		112.42M
14.50%
EBIT
Q2Q % growth		69.87M
70.28%		88.907M
89.65%		80.78M
89.57%		87.531M
44.69%		77.612M
11.08%		91.922M
3.39%		98.848M
22.37%		100.07M
14.33%

All data in USD

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

MMSI Yearly Revenue VS EstimatesMMSI Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 500M 1B 1.5B 2B
MMSI Yearly EPS VS EstimatesMMSI Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 1 2 3 4 5

Long Term Forward Growth Forecast Summary

Long Term EPS Growth (CAGR)

EPS Next 3 Year
7.37%
EPS Next 5 Year
6.85%

Long Term Revenue Growth (CAGR)

Revenue Next 3 Year
5.95%
Revenue Next 5 Year
6.40%

Long Term EBIT Growth (CAGR)

EBIT Next 3 Year
16.34%
EBIT Next 5 Year
13.39%
→ Find peers expecting at least 20% CAGR revenue growth over the next 3 years

MERIT MEDICAL SYSTEMS INC / MMSI Forecast FAQ

Can you provide the average price target for MERIT MEDICAL SYSTEMS INC stock?

18 analysts have analysed MMSI and the average price target is 106.08 USD. This implies a price increase of 54.34% is expected in the next year compared to the current price of 68.73.

What is the next earnings date for MMSI stock?

MERIT MEDICAL SYSTEMS INC (MMSI) will report earnings on 2026-04-22, after the market close.

What are the consensus estimates for MERIT MEDICAL SYSTEMS INC (MMSI) next earnings?

The consensus EPS estimate for the next earnings of MERIT MEDICAL SYSTEMS INC (MMSI) is 0.85 USD and the consensus revenue estimate is 385.39M USD.

What is the expected long term growth rate for MERIT MEDICAL SYSTEMS INC (MMSI)?

The expected long term growth rate for MERIT MEDICAL SYSTEMS INC (MMSI) is 5.95%.