MORPHIC HOLDING INC (MORF) Forecast, Price Target & Analyst Ratings

NASDAQ:MORFUS61775R1059

Current stock price

56.99 USD
+0.02 (+0.04%)
At close:
56.99 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 MORPHIC HOLDING INC (MORF).

Forecast Snapshot

Consensus Price Target

Price Target
$59.60
+ 4.57% Upside

Next Earnings Forecast

Earnings Estimate
Release Date
Nov 1, 2024
Period
Q3 / 2024
EPS Estimate
-$1.03
Revenue Estimate
72.859K

ChartMill Buy Consensus

Rating
73.33%
Weighted Analyst Rating Score

Price Target Details & History

Consensus Price Target and Range

Mean target
$59.60
Upside
+ 4.57%
From current price of $56.99 to mean target of $59.60, Based on 15 analyst forecasts
Low
$57.57
Median
$58.14
High
$67.20

Price Target Revisions

1 Month
0.22%
3 Months
0.22%

Price Target Summary

15 Wall Street analysts provided a forecast for the next 12 months for MORF. The average price target is 59.6 USD. This implies a price increase of 4.57% is expected in the next year compared to the current price of 56.99.
The average price target has been revised upward by 0.22% in the past 3 months.

Analyst Ratings & History

Current Analyst Ratings

MORF Current Analyst RatingMORF Current Analyst Buy, Sell and Hold Ratings.Current Analyst Rating Strong Buy Buy Hold Sell Strong Sell 2 4 6

Analyst Ratings History

MORF Historical Analyst RatingsMORF 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
73.33%
MORF was analyzed by 15 analysts. The buy percentage consensus is at 73. So analysts seem to be have mildly positive about MORF.
In the last month the buy percentage fell by 10 points. So the trust of analysts is decreasing.
MORF was analyzed by 15 analysts, which should be a sufficient number of analysts to have a meaningful average consensus rating.

Recent Upgrades & Downgrades

DateFirmActionFrom → To
2024-07-26RBC CapitalReiterate Sector Perform -> Sector Perform
2024-07-22StifelMaintains Hold -> Hold
2024-07-09TD CowenDowngrade Buy -> Hold
2024-07-09BMO CapitalDowngrade Outperform -> Market Perform
2024-07-09RBC CapitalDowngrade Outperform -> Sector Perform
2024-03-08Canaccord GenuityMaintains Buy -> Buy
2023-12-08CitigroupInitiate Buy
2023-09-28BMO CapitalMaintains Outperform -> Outperform
2023-09-25BTIGDowngrade Buy -> Neutral
2023-09-25StifelMaintains Hold -> Hold
2023-08-09StifelDowngrade Buy -> Hold
2023-07-21BerenbergInitiate Buy
2023-04-26BMO CapitalMaintains Outperform
2023-04-26RBC CapitalMaintains Outperform
2023-04-25Wells FargoMaintains Overweight
2023-03-08SVB LeerinkMaintains Outperform
2022-11-08Wells FargoMaintains Overweight
2022-11-03RBC CapitalMaintains Outperform
2022-09-07StifelInitiate Buy
2022-08-04RBC CapitalMaintains Outperform
2022-08-04Wells FargoMaintains Overweight
2022-07-20SVB LeerinkInitiate Outperform
2022-05-05Wells FargoMaintains Overweight
2022-02-25RBC CapitalMaintains Outperform
2022-02-11BTIGInitiate Buy

Next Earnings Forecast Details

Next Earnings Details

Release Date
Nov 1, 2024
Period
Q3 / 2024
EPS Estimate
-$1.03
Revenue Estimate
72.859K
Revenue Q2Q
N/A
EPS Q2Q
-41.12%
Number of Analysts
11

Next Earnings Revisions

Revenue (1 Month)
0.00%
Revenue (3 Months)
0.00%
EPS (1 Month)
1.34%
EPS (3 Months)
-2.79%

Next Earnings Summary

MORF is expected to report earnings on 11/1/2024. The consensus EPS estimate for the next earnings is -1.03 USD and the consensus revenue estimate is 72.86K USD.
The next earnings revenue estimate has been revised downward by 0% 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 2027 2028 2029 2030 2031
Revenue
YoY % growth
MORF revenue by date.MORF revenue by date.
19.79M
-55.97%
70.81M
257.81%
521K
-99.26%
255K
-51.06%
291.424K
14.28%
408K
40.00%
1.224M
200.00%
156.53M
12,688.40%
381.13M
143.49%
865.28M
127.03%
1.204B
39.15%
EBITDA
YoY % growth
MORF ebitda by date.MORF ebitda by date.
-94.78M
-105.82%
-62.39M
34.17%
-177.595M
-184.65%
-233.781M
-31.64%
-278.027M
-18.93%
-320.55M
-15.29%
N/AN/AN/AN/AN/A
EBIT
YoY % growth
MORF ebit by date.MORF ebit by date.
-95.81M
-103.07%
-63.4M
33.83%
-178.686M
-181.84%
-228.702M
-27.99%
-248.559M
-8.68%
-272.201M
-9.51%
-312.28M
-14.72%
-226.393M
27.50%
-128.856M
43.08%
186.04M
244.38%
602.07M
223.62%
Operating Margin
MORF operating margin by date.MORF operating margin by date.
-484.13%-89.54%-34,296.74%-89,687.11%-85,291.25%-66,715.96%-25,513.06%-144.63%-33.81%21.50%50.01%
EPS
YoY % growth
MORF eps by date.MORF eps by date.
-2.67
-81.63%
-1.59
40.45%
-3.51
-120.75%
-4.07
-16.05%
-4.33
-6.36%
-4.52
-4.30%
-5.07
-12.28%
-3.49
31.20%
-1.16
66.83%
5.90
609.54%
6.91
17.15%

All data in USD

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

Q3 / 24 Q4 / 24
EPS
Q2Q % growth
-1.03
-41.12%
-1.10
-14.75%
Revenue
Q2Q % growth
72.859K218.576K
EBITDA
Q2Q % growth
-60.119M
-36.82%
-63.931M
-32.25%
EBIT
Q2Q % growth
-58.681M
-31.13%
-59.563M
-20.50%

All data in USD

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

MORF Yearly Revenue VS EstimatesMORF Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 200M 400M 600M 800M 1B
MORF Yearly EPS VS EstimatesMORF Yearly EPS VS EstimatesYearly EPS VS Estimates 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 0 2 -2 4 -4 6

Long Term Forward Growth Forecast Summary

Long Term EPS Growth (CAGR)

EPS Next 3 Year
-8.78%
EPS Next 5 Year
0.11%

Long Term Revenue Growth (CAGR)

Revenue Next 3 Year
-7.43%
Revenue Next 5 Year
213.82%

Long Term EBIT Growth (CAGR)

EBIT Next 3 Year
-21.14%
EBIT Next 5 Year
N/A

MORPHIC HOLDING INC / MORF Forecast FAQ

What do analysts expect the price target to be for MORPHIC HOLDING INC (MORF)?

15 analysts have analysed MORF and the average price target is 59.6 USD. This implies a price increase of 4.57% is expected in the next year compared to the current price of 56.99.

What is the next earnings date for MORF stock?

MORPHIC HOLDING INC (MORF) will report earnings on 2024-11-01, before the market open.

What are the consensus estimates for MORPHIC HOLDING INC (MORF) next earnings?

The consensus EPS estimate for the next earnings of MORPHIC HOLDING INC (MORF) is -1.03 USD and the consensus revenue estimate is 72.86K USD.

What is the consensus rating for MORF stock?

The consensus rating for MORPHIC HOLDING INC (MORF) is 73.3333 / 100 . This indicates that analysts generally have a positive outlook on the stock.