What do analysts expect the price target to be for Model N Inc (MODN)?
10 analysts have analysed MODN and the average price target is 30.6 USD. This implies a price increase of 2% is expected in the next year compared to the current price of 30.
Model N Inc (MODN) Forecast, Price Target & Analyst Ratings
NYSE:MODN • US6075251024
Current stock price
30 USD
+0.03 (+0.1%)
At close:
30.002 USD
+0 (+0.01%)
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 Model N Inc (MODN).
Forecast Snapshot
Next Earnings Forecast
Earnings Estimate- Release Date
- Aug 6, 2024
- Period
- Q3 / 2024
- EPS Estimate
- $0.36
- Revenue Estimate
- 68.289M
Price Target Details & History
Consensus Price Target and Range
Mean target
$30.60
Upside
+ 2.00%
From current price of $30.00 to mean target of $30.60, Based on 10 analyst forecasts
Low
$30.30
Median
$30.60
High
$31.50
Price Target Revisions
1 Month
0.00%
3 Months
-5.83%
Price Target Summary
10 Wall Street analysts provided a forecast for the next 12 months for MODN. The average price target is 30.6 USD. This implies a price increase of 2% is expected in the next year compared to the current price of 30.
The average price target has been revised downward by 5.83% in the past 3 months.
Analyst Ratings & History
Current Analyst Ratings
Analyst Ratings History
Analyst Ratings Consensus
ChartMill Buy Consensus
50.00%
MODN was analyzed by 10 analysts. The buy percentage consensus is at 50. So analysts seem to be rather neutral about MODN.
In the previous month the buy percentage consensus was at a similar level.
MODN was analyzed by 10 analysts. More opinions would make the average more meaningful.
Recent Upgrades & Downgrades
| Date | Firm | Action | From → To |
|---|---|---|---|
| 2024-05-07 | JMP Securities | Reiterate | Market Perform |
| 2024-05-07 | Needham | Reiterate | Hold |
| 2024-05-06 | JMP Securities | Reiterate | Market Perform |
| 2024-04-23 | JMP Securities | Reiterate | Market Perform |
| 2024-04-22 | Needham | Reiterate | Hold |
| 2024-04-10 | Morgan Stanley | Downgrade | Overweight -> Equal-Weight |
| 2024-04-09 | JMP Securities | Reiterate | Market Perform |
| 2024-04-09 | Needham | Downgrade | Buy -> Hold |
| 2024-04-09 | RBC Capital | Reiterate | Sector Perform -> Sector Perform |
| 2024-04-09 | Craig-Hallum | Downgrade | Buy -> Hold |
| 2024-04-08 | Baird | Downgrade | Outperform -> Neutral |
| 2024-02-07 | JMP Securities | Downgrade | Market Outperform -> Market Perform |
| 2023-12-13 | JP Morgan | Downgrade | Overweight -> Neutral |
| 2023-11-24 | JMP Securities | Maintains | Outperform -> Outperform |
| 2023-11-15 | Morgan Stanley | Maintains | Overweight -> Overweight |
| 2023-11-13 | Goldman Sachs | Maintains | Buy -> Buy |
| 2023-11-10 | BTIG | Downgrade | Buy -> Neutral |
| 2023-11-10 | Needham | Maintains | Buy -> Buy |
| 2023-11-10 | RBC Capital | Maintains | Sector Perform -> Sector Perform |
| 2023-11-10 | Goldman Sachs | Maintains | Buy -> Buy |
| 2023-09-05 | JMP Securities | Reiterate | Market Outperform -> Market Outperform |
| 2023-08-09 | Needham | Maintains | Buy -> Buy |
| 2023-08-09 | Morgan Stanley | Maintains | Overweight -> Overweight |
| 2023-07-12 | Jefferies | Initiate | Hold |
| 2023-07-06 | Goldman Sachs | Initiate | Buy |
Next Earnings Forecast Details
Next Earnings Details
- Release Date
- Aug 6, 2024
- Period
- Q3 / 2024
- EPS Estimate
- $0.36
- Revenue Estimate
- 68.289M
- Revenue Q2Q
- 7.14%
- EPS Q2Q
- 3.84%
- Number of Analysts
- 12
Next Earnings Revisions
Revenue (1 Month)
0.00%
Revenue (3 Months)
0.02%
EPS (1 Month)
0.00%
EPS (3 Months)
-4.19%
Next Earnings Summary
MODN is expected to report earnings on 8/6/2024. The consensus EPS estimate for the next earnings is 0.36 USD and the consensus revenue estimate is 68.29M USD.
The next earnings revenue estimate has been revised upward by 0.02% in the past 3 months.
Full Analyst Estimates
Yearly Earnings Per Share (EPS), Revenue, EBIT, EBITDA and Operating Margin Analyst Estimates
| 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | ||
|---|---|---|---|---|---|---|---|
| Revenue YoY % growth | 193.4M 20.05% | 219.2M 13.34% | 249.5M 13.82% | 268.25M 7.52% | 293.06M 9.25% | 327.03M 11.59% | |
| EBITDA YoY % growth | -3.93M -257.27% | -4.01M -2.04% | 4.13M 202.99% | 51.269M 1,141.38% | 61.566M 20.08% | 77.643M 26.11% | |
| EBIT YoY % growth | -11.9M -80.30% | -13M -9.24% | -4.1M 68.46% | 49.989M 1,319.24% | 61.308M 22.64% | 81.047M 32.20% | |
| Operating Margin | -6.15% | -5.93% | -1.64% | 18.64% | 20.92% | 24.78% | |
| EPS YoY % growth | 0.54 12.50% | 0.72 33.33% | 1.11 54.17% | 1.31 17.87% | 1.53 16.66% | 1.88 23.41% |
All data in USD
Quarterly Earnings Per Share (EPS), Revenue, EBIT and EBITDA Analyst Estimates
| Q3 / 24 | Q4 / 24 | Q1 / 25 | Q2 / 25 | Q3 / 25 | Q4 / 25 | Q1 / 26 | Q2 / 26 | Q3 / 26 | Q4 / 26 | |
|---|---|---|---|---|---|---|---|---|---|---|
| EPS Q2Q % growth | 0.36 3.84% | 0.36 16.70% | 0.32 15.88% | 0.32 34.58% | 0.39 7.48% | 0.40 10.46% | 0.36 11.13% | 0.36 12.58% | 0.46 18.80% | 0.48 20.73% |
| Revenue Q2Q % growth | 68.289M 7.14% | 69.009M 7.88% | 70.004M 10.26% | 71.467M 9.76% | 73.939M 8.27% | 75.2M 8.97% | 76.812M 9.73% | 79.166M 10.77% | 81.208M 9.83% | 82.393M 9.57% |
| EBITDA Q2Q % growth | 15.042M 63.86% | 15.256M 94.34% | 13.16M 1,961.39% | 12.952M 987.49% | 15.971M 6.18% | 16.261M 6.59% | 14.521M 10.34% | 14.474M 11.75% | 19.47M 21.91% | 20.333M 25.04% |
| EBIT Q2Q % growth | 14.645M 399.83% | 14.959M 4,036.58% | 12.848M 581.74% | 12.714M 584.34% | 15.689M 7.13% | 15.968M 6.75% | 14.201M 10.53% | 14.515M 14.17% | 17.368M 10.70% | 19.195M 20.21% |
All data in USD
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
19.28%
EPS Next 5 Year
N/A
Long Term Revenue Growth (CAGR)
Revenue Next 3 Year
8.98%
Revenue Next 5 Year
N/A
Long Term EBIT Growth (CAGR)
EBIT Next 3 Year
26.48%
EBIT Next 5 Year
N/A
Model N Inc / MODN Forecast FAQ
Can you provide the upcoming earnings date for Model N Inc?
Model N Inc (MODN) will report earnings on 2024-08-06, after the market close.
What are the consensus estimates for Model N Inc (MODN) next earnings?
The consensus EPS estimate for the next earnings of Model N Inc (MODN) is 0.36 USD and the consensus revenue estimate is 68.29M USD.
How do analysts rate Model N Inc (MODN)?
The consensus rating for Model N Inc (MODN) is 50 / 100 . This indicates that analysts generally have a neutral outlook on the stock.