Mereo BioPharma Group (MREO) Stock Forecast, Price Target & Predictions
MREO Stock Forecast
Mereo BioPharma Group (MREO) stock forecast, based on 5 Wall Street analysts, predicts a 12-month average price target of $6.75, with a high of $8.00 and a low of $4.00. This represents a 142.81% increase from the last price of $2.78.
MREO Stock Rating
Mereo BioPharma Group stock's rating consensus is Buy, based on 5 Wall Street analysts. The breakdown includes 0 Strong Buy (0.00%), 5 Buy (100.00%), 0 Hold (0.00%), 0 Sell (0.00%), and 0 Strong Sell (0.00%).
Buy
MREO Price Target Upside V Benchmarks
Type | Name | Upside |
---|---|---|
Stock | Mereo BioPharma Group | 142.81% |
Sector | Healthcare Stocks | 24.81% |
Industry | Biotech Stocks | 65.78% |
Price Target Trends
1M | 3M | 12M | |
---|---|---|---|
# Anlaysts | - | - | 2 |
Avg Price Target | - | - | $8.00 |
Last Closing Price | $2.78 | $2.78 | $2.78 |
Upside/Downside | - | - | 187.77% |
Ratings Trends
Date | Strong Buy | Buy | Hold | Sell | Strong Sell | Total |
---|---|---|---|---|---|---|
Jun, 25 | 2 | 6 | - | - | - | 8 |
May, 25 | 2 | 6 | - | - | - | 8 |
Apr, 25 | 2 | 6 | - | - | - | 8 |
Mar, 25 | 1 | 6 | - | - | - | 7 |
Feb, 25 | 1 | 6 | - | - | - | 7 |
Analyst Price Target Forecasts
Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
---|---|---|---|---|---|---|
Jun 20, 2024 | Joseph Schwartz | Leerink Partners | $8.00 | $3.98 | 101.01% | 187.77% |
Jun 12, 2024 | Jack Allen | Robert W. Baird | $8.00 | $3.83 | 108.88% | 187.77% |
Jun 12, 2024 | Gil Blum | Needham | $7.00 | $3.52 | 98.86% | 151.80% |
Mar 28, 2024 | Gil Blum | Needham | $6.00 | $3.00 | 100.00% | 115.83% |
Aug 12, 2022 | Cantor Fitzgerald | $4.00 | $1.35 | 196.30% | 43.88% |
Analyst Rating Forecasts
Date | Company | Previous Rating | New Rating | Rating Change |
---|---|---|---|---|
Jun 12, 2024 | Needham | Buy | Buy | hold |
Mar 28, 2024 | Needham | Buy | Buy | hold |
Aug 12, 2022 | Cantor Fitzgerald | Overweight | initialise | |
Jun 06, 2022 | Needham | Buy | Buy | hold |
Mar 17, 2022 | Needham | Buy | Buy | hold |
Apr 05, 2021 | Needham | Buy | initialise |
Financial Forecast
EPS Forecast
Annual
Dec 21 | Dec 23 | Dec 24 | Dec 25 | Dec 26 | Dec 27 | Dec 28 | |
---|---|---|---|---|---|---|---|
Reported | $149.93 | $-220.04 | $-0.06 | - | - | - | - |
Avg Forecast | $-0.05 | $-0.04 | $-0.05 | $-0.02 | $-0.03 | $-0.01 | $0.05 |
High Forecast | $-0.05 | $-0.03 | $0.10 | $0.01 | $-0.03 | $0.06 | $0.05 |
Low Forecast | $-0.05 | $-0.04 | $-0.10 | $-0.04 | $-0.03 | $-0.05 | $0.05 |
Surprise % | -299960.00% | 550000.00% | 20.00% | - | - | - | - |
Revenue Forecast
Annual
Dec 21 | Dec 23 | Dec 24 | Dec 25 | Dec 26 | Dec 27 | Dec 28 | |
---|---|---|---|---|---|---|---|
Reported | $36.46M | $10.00M | - | - | - | - | - |
Avg Forecast | $18.43M | $6.79M | $14.48M | $28.64M | $33.64M | $48.98M | $111.19M |
High Forecast | $18.43M | $6.79M | $14.48M | $28.64M | $33.92M | $48.98M | $111.19M |
Low Forecast | $18.43M | $6.79M | $14.48M | $28.64M | $33.36M | $48.98M | $111.19M |
Surprise % | 97.90% | 47.37% | - | - | - | - | - |
Net Income Forecast
Annual
Dec 21 | Dec 23 | Dec 24 | Dec 25 | Dec 26 | Dec 27 | Dec 28 | |
---|---|---|---|---|---|---|---|
Reported | $12.72M | $-29.47M | $-43.25M | - | - | - | - |
Avg Forecast | $-30.86M | $-21.17M | $-33.86M | $-17.33M | $-17.27M | $9.23M | $34.55M |
High Forecast | $-30.86M | $-19.24M | $64.74M | $3.42M | $-17.27M | $41.86M | $34.55M |
Low Forecast | $-30.86M | $-23.09M | $-64.74M | $-23.92M | $-17.27M | $-31.89M | $34.55M |
Surprise % | -141.24% | 39.21% | 27.74% | - | - | - | - |