Mirum Pharmaceuticals (MIRM) Stock Forecast, Price Target & Predictions


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MIRM Stock Forecast


Mirum Pharmaceuticals stock forecast is as follows: an average price target of $54.50 (represents a 34.73% upside from MIRM’s last price of $40.45) and a rating consensus of 'Buy', based on 8 wall street analysts offering a 1-year stock forecast.

MIRM Price Target


The average price target for Mirum Pharmaceuticals (MIRM) is $54.50 based on 1-year price targets from 8 Wall Street analysts in the past 3 months, with a price target range of $75.00 to $39.00. This represents a potential 34.73% upside from MIRM's last price of $40.45.

MIRM Analyst Ratings


Buy

According to 8 Wall Street analysts, Mirum Pharmaceuticals's rating consensus is 'Buy'. The analyst rating breakdown for MIRM stock is 0 'Strong Buy' (0.00%), 8 'Buy' (100.00%), 0 'Hold' (0.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).

Mirum Pharmaceuticals Price Target by Analyst


DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Aug 08, 2024Brian SkorneyRobert W. Baird$44.00$38.9612.94%8.78%
Jun 17, 2024Gavin Clark-GartnerEvercore ISI$62.00$33.0087.88%53.28%
Jun 17, 2024Michael E UlzMorgan Stanley$57.00$33.0072.73%40.91%
Jun 17, 2024Ed ArceH.C. Wainwright$66.00$30.99112.97%63.16%
Jun 17, 2024Brian SkorneyRobert W. Baird$39.00$29.7131.27%-3.58%
May 23, 2024Joshua SchimmerCantor Fitzgerald$45.00$25.7574.79%11.25%
Apr 16, 2024Dae Gon HaStifel Nicolaus$48.00$24.0199.92%18.67%
Mar 14, 2024Ed ArceH.C. Wainwright$58.00$28.17105.89%43.39%
Jan 10, 2023-Leerink Partners$39.00$20.0294.81%-3.58%
Dec 14, 2022-Leerink Partners$50.00$18.01177.62%23.61%
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The latest Mirum Pharmaceuticals stock forecast, released on Aug 08, 2024 by Brian Skorney from Robert W. Baird, set a price target of $44.00, which represents a 12.94% increase from the stock price at the time of the forecast ($38.96), and a 8.78% increase from MIRM last price ($40.45).

Mirum Pharmaceuticals Price Target by Period


1M3M12M
# Anlaysts-18
Avg Price Target-$44.00$52.38
Last Closing Price$40.45$40.45$40.45
Upside/Downside-100.00%8.78%29.49%

In the current month, the average price target of Mirum Pharmaceuticals stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Mirum Pharmaceuticals's last price of $40.45. This month's average price target is down -100.00% compared to last quarter, and down -100.00% compared to last year.

Analyst Ratings Upgrades/Downgrades


DateCompanyPrevious RatingNew RatingRating Change
Oct 11, 2024H.C. WainwrightBuyBuyHold
Oct 11, 2024Evercore ISIUnderperformUnderperformHold
Aug 08, 2024Cantor FitzgeraldOverweightOverweightHold
Jun 18, 2024JMP SecuritiesOutperformOutperformHold
Jun 17, 2024Evercore ISIOutperformOutperformHold
Jun 17, 2024Morgan StanleyOverweightOverweightHold
Jun 17, 2024H.C. WainwrightBuyBuyHold
Jun 03, 2024CitigroupBuyBuyHold
May 23, 2024Cantor FitzgeraldOverweightOverweightHold
May 09, 2024Leerink PartnersBuyBuyHold
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Mirum Pharmaceuticals's last stock rating was published by H.C. Wainwright on Oct 11, 2024. The company gave MIRM a "Buy" rating, the same as its previous rate.

Mirum Pharmaceuticals Financial Forecast


Mirum Pharmaceuticals Revenue Forecast

Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20
Revenue--------$69.55M$47.73M$37.50M$31.60M$27.91M$18.78M$17.48M$12.89M$3.14M$5.00M$11.00M--
Avg Forecast$116.45M$108.39M$98.55M$88.64M$87.57M$81.99M$75.03M$70.13M$67.87M$38.60M$30.44M$28.69M$24.65M$20.81M$15.42M$8.46M$62.67M$1.00M$17.40M$12.50M$10.00M
High Forecast$116.45M$108.39M$98.55M$88.64M$87.57M$83.25M$75.03M$70.13M$70.89M$38.60M$30.44M$28.69M$24.65M$20.81M$15.42M$8.46M$62.67M$1.00M$17.40M$12.50M$10.00M
Low Forecast$116.45M$108.39M$98.55M$88.64M$87.57M$80.58M$75.03M$70.13M$62.14M$38.60M$30.44M$28.69M$24.65M$20.81M$15.42M$8.46M$62.67M$1.00M$17.40M$12.50M$10.00M
# Analysts452237336333444433333
Surprise %--------1.02%1.24%1.23%1.10%1.13%0.90%1.13%1.52%0.05%5.00%0.63%--

Mirum Pharmaceuticals's average Quarter revenue forecast for Mar 24 based on 3 analysts is $70.13M, with a low forecast of $70.13M, and a high forecast of $70.13M. MIRM's average Quarter revenue forecast represents a 0.82% increase compared to the company's last Quarter revenue of $69.55M (Dec 23).

Mirum Pharmaceuticals EBITDA Forecast

Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20
# Analysts452237336333444433333
EBITDA--------$-30.07M$-25.15M$-70.00M$-24.21M$-32.61M$-30.52M$-29.14M$-32.38M$61.76M$-41.25M$-38.93M$-46.96M$-36.70M
Avg Forecast$-12.29M$-11.44M$-10.40M$-9.35M$-9.24M$-8.65M$-7.92M$-7.40M$-7.16M$-4.07M$-3.21M$-3.03M$-2.60M$-2.20M$-1.63M$-36.49M$-6.61M$-105.51K$-1.84M$-23.37M$-1.06M
High Forecast$-12.29M$-11.44M$-10.40M$-9.35M$-9.24M$-8.50M$-7.92M$-7.40M$-6.56M$-4.07M$-3.21M$-3.03M$-2.60M$-2.20M$-1.63M$-29.19M$-6.61M$-105.51K$-1.84M$-18.70M$-1.06M
Low Forecast$-12.29M$-11.44M$-10.40M$-9.35M$-9.24M$-8.78M$-7.92M$-7.40M$-7.48M$-4.07M$-3.21M$-3.03M$-2.60M$-2.20M$-1.63M$-43.78M$-6.61M$-105.51K$-1.84M$-28.05M$-1.06M
Surprise %--------4.20%6.17%21.79%8.00%12.54%13.90%17.92%0.89%-9.34%390.98%21.21%2.01%34.78%

4 analysts predict MIRM's average Quarter EBITDA for Mar 22 to be $-36.49M, with a high of $-29.19M and a low of $-43.78M. This is -159.08% lower than Mirum Pharmaceuticals's previous annual EBITDA (Dec 21) of $61.76M.

Mirum Pharmaceuticals Net Income Forecast

Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20
# Analysts452237336333444433333
Net Income--------$-33.15M$-23.59M$-74.04M$-30.13M$-36.43M$-35.71M$-26.92M$-36.61M$57.55M$-47.11M$-43.89M$-50.53M$-37.20M
Avg Forecast$708.53K$-5.35M$-11.81M$-19.13M$-18.46M$-21.23M$-22.31M$-19.85M$-11.34M$-29.68M$-37.57M$-41.97M$-47.42M$-49.53M$-53.85M$-41.25M$14.33M$-81.92M$-30.62M$-24.97M$-34.57M
High Forecast$708.53K$-5.35M$-11.81M$-19.13M$-18.46M$-14.15M$-22.31M$-19.85M$-6.87M$-29.68M$-37.57M$-41.97M$-47.42M$-49.53M$-53.85M$-33.00M$14.33M$-81.92M$-30.62M$-19.98M$-34.57M
Low Forecast$708.53K$-5.35M$-11.81M$-19.13M$-18.46M$-25.00M$-22.31M$-19.85M$-17.18M$-29.68M$-37.57M$-41.97M$-47.42M$-49.53M$-53.85M$-49.50M$14.33M$-81.92M$-30.62M$-29.97M$-34.57M
Surprise %--------2.92%0.79%1.97%0.72%0.77%0.72%0.50%0.89%4.02%0.58%1.43%2.02%1.08%

Mirum Pharmaceuticals's average Quarter net income forecast for Mar 22 is $-41.25M, with a range of $-49.50M to $-33.00M. MIRM's average Quarter net income forecast represents a -171.68% decrease compared to the company's last Quarter net income of $57.55M (Dec 21).

Mirum Pharmaceuticals SG&A Forecast

Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20
# Analysts452237336333444433333
SG&A--------$46.18M$36.53M$32.95M$30.22M$26.47M$22.51M$20.97M$19.12M$19.04M$17.35M$13.35M$9.48M$7.22M
Avg Forecast$163.79M$152.46M$138.62M$124.67M$123.18M$115.33M$105.53M$98.64M$95.46M$54.29M$42.82M$40.35M$34.68M$29.27M$21.69M$11.90M$88.15M$1.41M$24.47M$4.68M$14.07M
High Forecast$163.79M$152.46M$138.62M$124.67M$123.18M$117.10M$105.53M$98.64M$99.71M$54.29M$42.82M$40.35M$34.68M$29.27M$21.69M$11.90M$88.15M$1.41M$24.47M$5.62M$14.07M
Low Forecast$163.79M$152.46M$138.62M$124.67M$123.18M$113.34M$105.53M$98.64M$87.41M$54.29M$42.82M$40.35M$34.68M$29.27M$21.69M$11.90M$88.15M$1.41M$24.47M$3.75M$14.07M
Surprise %--------0.48%0.67%0.77%0.75%0.76%0.77%0.97%1.61%0.22%12.34%0.55%2.02%0.51%

Mirum Pharmaceuticals's average Quarter SG&A projection for Mar 24 is $98.64M, based on 3 Wall Street analysts, with a range of $98.64M to $98.64M. The forecast indicates a 113.58% rise compared to MIRM last annual SG&A of $46.18M (Dec 23).

Mirum Pharmaceuticals EPS Forecast

Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20
# Analysts452237336333444433333
EPS--------$-0.71$-0.00$-1.94$-0.80$-0.99$-1.02$-0.84$-1.17$1.88$-1.55$-1.45$-1.68$-1.43
Avg Forecast$0.01$-0.11$-0.25$-0.41$-0.39$-0.45$-0.47$-0.42$-0.24$-0.63$-0.80$-0.89$-1.00$-1.05$-1.14$-1.34$0.30$-1.73$-0.65$-0.71$-0.73
High Forecast$0.01$-0.11$-0.25$-0.41$-0.39$-0.30$-0.47$-0.42$-0.15$-0.63$-0.80$-0.89$-1.00$-1.05$-1.14$-1.34$0.30$-1.73$-0.65$-0.71$-0.73
Low Forecast$0.01$-0.11$-0.25$-0.41$-0.39$-0.53$-0.47$-0.42$-0.36$-0.63$-0.80$-0.89$-1.00$-1.05$-1.14$-1.34$0.30$-1.73$-0.65$-0.71$-0.73
Surprise %--------2.96%0.00%2.44%0.90%0.99%0.97%0.74%0.87%6.20%0.89%2.24%2.38%1.95%

According to 4 Wall Street analysts, Mirum Pharmaceuticals's projected average Quarter EPS for Mar 22 is $-1.34, with a low estimate of $-1.34 and a high estimate of $-1.34. This represents a -171.28% decrease compared to MIRM previous annual EPS of $1.88 (Dec 21).

Mirum Pharmaceuticals Peer Comparison by Price Target


TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
XFORX4 Pharmaceuticals$0.53$3.67592.45%Buy
ARQTArcutis Biotherapeutics$8.72$31.00255.50%Buy
INZYInozyme Pharma$4.42$14.67231.90%Buy
LRMRLarimar Therapeutics$7.57$20.33168.56%Buy
APLSApellis Pharmaceuticals$28.56$76.13166.56%Buy
DAWNDay One Biopharmaceuticals$14.81$38.80161.99%Buy
ABOSAcumen Pharmaceuticals$2.95$7.00137.29%Buy
IMCRImmunocore$31.17$70.75126.98%Buy
KALVKalVista Pharmaceuticals$11.63$26.00123.56%Buy
TERNTerns Pharmaceuticals$7.10$14.25100.70%Buy
LYRALyra Therapeutics$0.26$0.5092.31%Hold
MLTXMoonLake Immunotherapeutics$46.40$79.3370.97%Buy
MIRMMirum Pharmaceuticals$40.45$54.5034.73%Buy
BPMCBlueprint Medicines$91.88$109.7119.41%Buy
VECTVectivBio$16.87$18.006.70%Buy
AMLXAmylyx Pharmaceuticals$5.70$5.33-6.49%Buy
CERECerevel Therapeutics$44.96$33.50-25.49%Buy

MIRM Forecast FAQ


Yes, according to 8 Wall Street analysts, Mirum Pharmaceuticals (MIRM) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 8 'Buy' recommendations, accounting for 100.00% of MIRM's total ratings.

Mirum Pharmaceuticals (MIRM) average price target is $54.5 with a range of $39 to $75, implying a 34.73% from its last price of $40.45. The data is based on 8 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

According to Wall Street analysts' prediction for MIRM stock, the company can go up by 34.73% (from the last price of $40.45 to the average price target of $54.5), up by 85.41% based on the highest stock price target, and down by -3.58% based on the lowest stock price target.

MIRM's highest twelve months analyst stock price target of $75 supports the claim that Mirum Pharmaceuticals can reach $60 in the near future.

Mirum Pharmaceuticals's analysts financial forecasts for the fiscal year (Dec 2024) are as follows: average revenue is $314.72M (high $315.98M, low $313.31M), average EBITDA is $-33.208M (high $-33.058M, low $-33.34M), average net income is $-81.846M (high $-74.77M, low $-85.62M), average SG&A $442.68M (high $444.45M, low $440.69M), and average EPS is $-1.733 (high $-1.583, low $-1.813). MIRM's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $412.03M (high $412.03M, low $412.03M), average EBITDA is $-43.475M (high $-43.475M, low $-43.475M), average net income is $-35.584M (high $-35.584M, low $-35.584M), average SG&A $579.55M (high $579.55M, low $579.55M), and average EPS is $-0.753 (high $-0.753, low $-0.753).

Based on Mirum Pharmaceuticals's last annual report (Dec 2023), the company's revenue was $186.37M, beating the average analysts forecast of $165.6M by 12.55%. Apple's EBITDA was $-107M, beating the average prediction of $-17.473M by 510.34%. The company's net income was $-161M, beating the average estimation of $-121M by 33.46%. Apple's SG&A was $145.88M, missing the average forecast of $232.92M by -37.37%. Lastly, the company's EPS was $-3.94, beating the average prediction of $-2.552 by 54.37%. In terms of the last quarterly report (Dec 2023), Mirum Pharmaceuticals's revenue was $69.55M, beating the average analysts' forecast of $67.87M by 2.49%. The company's EBITDA was $-30.075M, beating the average prediction of $-7.161M by 319.99%. Mirum Pharmaceuticals's net income was $-33.149M, beating the average estimation of $-11.341M by 192.29%. The company's SG&A was $46.18M, missing the average forecast of $95.46M by -51.62%. Lastly, the company's EPS was $-0.71, beating the average prediction of $-0.24 by 195.71%