Markforged (MKFG) Stock Forecast, Price Target & Predictions
MKFG Stock Forecast
Markforged stock forecast is as follows: an average price target of $1.30 (represents a 559.90% upside from MKFG’s last price of $0.20) and a rating consensus of 'Buy', based on 1 wall street analysts offering a 1-year stock forecast.
MKFG Price Target
The average price target for Markforged (MKFG) is $1.30 based on 1-year price targets from 1 Wall Street analysts in the past 3 months, with a price target range of $1.30 to $1.30. This represents a potential 559.90% upside from MKFG's last price of $0.20.
MKFG Analyst Ratings
According to 1 Wall Street analysts, Markforged's rating consensus is 'Buy'. The analyst rating breakdown for MKFG stock is 0 'Strong Buy' (0.00%), 1 'Buy' (100.00%), 0 'Hold' (0.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
Markforged Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| May 09, 2024 | Troy Jensen | Cantor Fitzgerald | $1.30 | $0.61 | 113.04% | 559.90% |
The latest Markforged stock forecast, released on May 09, 2024 by Troy Jensen from Cantor Fitzgerald, set a price target of $1.30, which represents a 113.04% increase from the stock price at the time of the forecast ($0.61), and a 559.90% increase from MKFG last price ($0.20).
Markforged Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | - | 1 |
| Avg Price Target | - | - | $1.30 |
| Last Closing Price | $0.20 | $0.20 | $0.20 |
| Upside/Downside | -100.00% | -100.00% | 559.90% |
In the current month, the average price target of Markforged stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Markforged's last price of $0.20. This month's average price target is down NaN% compared to last quarter, and down -100.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| May 09, 2024 | Cantor Fitzgerald | Overweight | Overweight | Hold |
Markforged's last stock rating was published by Cantor Fitzgerald on May 09, 2024. The company gave MKFG a "Overweight" rating, the same as its previous rate.
Markforged Financial Forecast
Markforged Revenue Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | $20.07M | $25.45M | $24.09M | $29.66M | $25.21M | $24.23M | $21.86M | $67.18M | $24.05M | $20.42M | - |
| Avg Forecast | $28.38M | $24.51M | $23.88M | $22.14M | $26.32M | $22.51M | $21.75M | $20.39M | $21.49M | $20.11M | $25.28M | $22.92M | $29.35M | $26.18M | $22.46M | $20.78M | $24.55M | $21.57M | $20.82M | $20.30M |
| High Forecast | $28.74M | $24.82M | $24.19M | $22.42M | $26.66M | $22.80M | $22.03M | $20.65M | $21.77M | $20.37M | $25.60M | $23.22M | $29.73M | $26.52M | $22.58M | $20.89M | $24.68M | $21.68M | $20.93M | $20.40M |
| Low Forecast | $27.90M | $24.10M | $23.48M | $21.76M | $25.88M | $22.13M | $21.38M | $20.04M | $21.13M | $19.77M | $24.85M | $22.54M | $28.86M | $25.74M | $22.28M | $20.62M | $24.35M | $21.39M | $20.65M | $20.13M |
| # Analysts | - | - | - | - | 1 | 2 | 1 | 1 | 2 | 1 | 1 | 1 | - | - | - | - | 1 | 1 | 1 | 1 |
| Surprise % | - | - | - | - | - | - | - | - | - | 1.00% | 1.01% | 1.05% | 1.01% | 0.96% | 1.08% | 1.05% | 2.74% | 1.11% | 0.98% | - |
Markforged's average Quarter revenue forecast for Dec 23 based on 2 analysts is $21.49M, with a low forecast of $21.13M, and a high forecast of $21.77M. MKFG's average Quarter revenue forecast represents a 7.06% increase compared to the company's last Quarter revenue of $20.07M (Sep 23).
Markforged EBITDA Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | - | - | - | - | 1 | 2 | 1 | 1 | 2 | 1 | 1 | 1 | - | - | - | - | 1 | 1 | 1 | 1 |
| EBITDA | - | - | - | - | - | - | - | - | - | $-16.54M | $-20.10M | $-20.07M | $-17.75M | $-19.19M | $-21.16M | $-20.19M | $-19.55M | $25.19M | $-10.67M | - |
| Avg Forecast | $-16.14M | $-13.94M | $-13.58M | $-12.59M | $-14.97M | $-12.80M | $-12.37M | $-11.59M | $-12.22M | $-11.44M | $-14.37M | $-13.04M | $-16.69M | $-14.89M | $-12.77M | $-11.82M | $-13.96M | $15.84M | $-11.84M | $-11.54M |
| High Forecast | $-15.87M | $-13.70M | $-13.35M | $-12.38M | $-14.72M | $-12.59M | $-12.16M | $-11.40M | $-12.02M | $-11.25M | $-14.13M | $-12.82M | $-16.41M | $-14.64M | $-12.67M | $-11.72M | $-13.85M | $19.00M | $-11.74M | $-11.45M |
| Low Forecast | $-16.35M | $-14.12M | $-13.76M | $-12.75M | $-15.16M | $-12.97M | $-12.53M | $-11.74M | $-12.38M | $-11.59M | $-14.56M | $-13.20M | $-16.91M | $-15.08M | $-12.84M | $-11.88M | $-14.03M | $12.67M | $-11.90M | $-11.60M |
| Surprise % | - | - | - | - | - | - | - | - | - | 1.45% | 1.40% | 1.54% | 1.06% | 1.29% | 1.66% | 1.71% | 1.40% | 1.59% | 0.90% | - |
1 analysts predict MKFG's average Quarter EBITDA for Dec 21 to be $-13.96M, with a high of $-13.85M and a low of $-14.03M. This is -155.42% lower than Markforged's previous annual EBITDA (Sep 21) of $25.19M.
Markforged Net Income Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | - | - | - | - | 1 | 2 | 1 | 1 | 2 | 1 | 1 | 1 | - | - | - | - | 1 | 1 | 1 | 1 |
| Net Income | - | - | - | - | - | - | - | - | - | $-51.36M | $-18.99M | $-19.02M | $-10.73M | $-22.97M | $4.08M | $4.24M | $-20.07M | $23.92M | $-11.09M | - |
| Avg Forecast | $-2.01M | $-4.70M | $-5.37M | $-6.71M | $-6.54M | $-10.57M | $-11.57M | $-13.08M | $-14.09M | $-15.42M | $-14.10M | $-16.46M | $-14.21M | $-15.65M | $-18.75M | $-15.93M | $-15.61M | $15.04M | $-12.98M | $-8.05M |
| High Forecast | $-1.97M | $-4.59M | $-5.25M | $-6.56M | $-6.40M | $-10.33M | $-11.32M | $-12.79M | $-13.78M | $-15.08M | $-13.79M | $-16.10M | $-13.90M | $-15.30M | $-18.55M | $-15.76M | $-15.45M | $18.04M | $-12.84M | $-7.96M |
| Low Forecast | $-2.05M | $-4.77M | $-5.46M | $-6.82M | $-6.65M | $-10.74M | $-11.77M | $-13.30M | $-14.32M | $-15.68M | $-14.34M | $-16.74M | $-14.45M | $-15.91M | $-18.87M | $-16.03M | $-15.72M | $12.03M | $-13.07M | $-8.10M |
| Surprise % | - | - | - | - | - | - | - | - | - | 3.33% | 1.35% | 1.16% | 0.76% | 1.47% | -0.22% | -0.27% | 1.29% | 1.59% | 0.85% | - |
Markforged's average Quarter net income forecast for Sep 22 is $-15.65M, with a range of $-15.91M to $-15.30M. MKFG's average Quarter net income forecast represents a -483.99% decrease compared to the company's last Quarter net income of $4.08M (Jun 22).
Markforged SG&A Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | - | - | - | - | 1 | 2 | 1 | 1 | 2 | 1 | 1 | 1 | - | - | - | - | 1 | 1 | 1 | 1 |
| SG&A | - | - | - | - | - | - | - | - | - | $20.40M | $21.79M | $22.70M | $22.20M | $24.66M | $26.35M | $22.19M | $57.12M | $24.42M | $16.21M | - |
| Avg Forecast | $22.13M | $19.11M | $18.62M | $17.26M | $20.52M | $17.55M | $16.96M | $15.90M | $16.76M | $15.68M | $19.71M | $17.87M | $22.89M | $20.42M | $17.52M | $16.21M | $19.14M | $15.35M | $16.23M | $15.83M |
| High Forecast | $22.41M | $19.36M | $18.86M | $17.48M | $20.79M | $17.78M | $17.17M | $16.10M | $16.97M | $15.89M | $19.96M | $18.10M | $23.18M | $20.68M | $17.61M | $16.29M | $19.24M | $18.42M | $16.32M | $15.91M |
| Low Forecast | $21.75M | $18.79M | $18.31M | $16.97M | $20.18M | $17.26M | $16.67M | $15.63M | $16.48M | $15.42M | $19.38M | $17.57M | $22.50M | $20.07M | $17.37M | $16.07M | $18.99M | $12.28M | $16.10M | $15.70M |
| Surprise % | - | - | - | - | - | - | - | - | - | 1.30% | 1.11% | 1.27% | 0.97% | 1.21% | 1.50% | 1.37% | 2.98% | 1.59% | 1.00% | - |
Markforged's average Quarter SG&A projection for Dec 23 is $16.76M, based on 2 Wall Street analysts, with a range of $16.48M to $16.97M. The forecast indicates a -17.84% fall compared to MKFG last annual SG&A of $20.40M (Sep 23).
Markforged EPS Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | - | - | - | - | 1 | 2 | 1 | 1 | 2 | 1 | 1 | 1 | - | - | - | - | 1 | 1 | 1 | 1 |
| EPS | - | - | - | - | - | - | - | - | - | $-0.26 | $-0.10 | $-0.10 | $-0.06 | $-0.12 | $0.02 | $0.02 | $-0.12 | $0.13 | $-0.06 | - |
| Avg Forecast | $-0.01 | $-0.02 | $-0.03 | $-0.03 | $-0.03 | $-0.05 | $-0.06 | $-0.07 | $-0.07 | $-0.08 | $-0.07 | $-0.08 | $-0.07 | $-0.08 | $-0.09 | $-0.08 | $-0.08 | $-0.06 | $-0.06 | $-0.04 |
| High Forecast | $-0.01 | $-0.02 | $-0.03 | $-0.03 | $-0.03 | $-0.05 | $-0.06 | $-0.06 | $-0.07 | $-0.07 | $-0.07 | $-0.08 | $-0.07 | $-0.08 | $-0.09 | $-0.08 | $-0.08 | $-0.06 | $-0.06 | $-0.04 |
| Low Forecast | $-0.01 | $-0.02 | $-0.03 | $-0.03 | $-0.03 | $-0.05 | $-0.06 | $-0.07 | $-0.07 | $-0.08 | $-0.07 | $-0.08 | $-0.07 | $-0.08 | $-0.09 | $-0.08 | $-0.08 | $-0.06 | $-0.06 | $-0.04 |
| Surprise % | - | - | - | - | - | - | - | - | - | 3.39% | 1.38% | 1.19% | 0.80% | 1.54% | -0.21% | -0.25% | 1.55% | -2.09% | 0.93% | - |
According to 0 Wall Street analysts, Markforged's projected average Quarter EPS for Sep 22 is $-0.08, with a low estimate of $-0.08 and a high estimate of $-0.08. This represents a -488.75% decrease compared to MKFG previous annual EPS of $0.02 (Jun 22).
Markforged Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| MKFG | Markforged | $0.20 | $1.30 | 550.00% | Buy |
| DDD | 3D Systems | $2.62 | $7.25 | 176.72% | Buy |
| QBTS | D-Wave Quantum | $1.00 | $2.75 | 175.00% | Buy |
| SSYS | Stratasys | $7.48 | $12.25 | 63.77% | Buy |
| IONQ | IonQ | $8.12 | $12.00 | 47.78% | Buy |
| PSTG | Pure Storage | $49.80 | $60.06 | 20.60% | Buy |
| DM | Desktop Metal | $4.69 | $5.25 | 11.94% | Hold |
MKFG Forecast FAQ
Is Markforged a good buy?
Yes, according to 1 Wall Street analysts, Markforged (MKFG) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 1 'Buy' recommendations, accounting for 100.00% of MKFG's total ratings.
What is MKFG's price target?
Markforged (MKFG) average price target is $1.3 with a range of $1.3 to $1.3, implying a 559.90% from its last price of $0.197. The data is based on 1 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will Markforged stock go up soon?
According to Wall Street analysts' prediction for MKFG stock, the company can go up by 559.90% (from the last price of $0.197 to the average price target of $1.3), up by 559.90% based on the highest stock price target, and up by 559.90% based on the lowest stock price target.
Can Markforged stock reach $0?
MKFG's average twelve months analyst stock price target of $1.3 supports the claim that Markforged can reach $0 in the near future.
What are Markforged's analysts' financial forecasts?
Markforged's analysts financial forecasts for the fiscal year (Dec 2024) are as follows: average revenue is $90.97M (high $92.14M, low $89.43M), average EBITDA is $-51.732M (high $-50.859M, low $-52.399M), average net income is $-41.76M (high $-40.844M, low $-42.459M), average SG&A $70.93M (high $71.84M, low $69.73M), and average EPS is $-0.207 (high $-0.203, low $-0.211). MKFG's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $98.91M (high $100.18M, low $97.24M), average EBITDA is $-56.247M (high $-55.297M, low $-56.972M), average net income is $-18.784M (high $-18.371M, low $-19.098M), average SG&A $77.12M (high $78.11M, low $75.82M), and average EPS is $-0.0933 (high $-0.0913, low $-0.0949).
Did the MKFG's actual financial results beat the analysts' financial forecasts?
Based on Markforged's last annual report (Dec 2023), the company's revenue was $93.78M, beating the average analysts forecast of $89.81M by 4.43%. Apple's EBITDA was $-81.914M, beating the average prediction of $-51.072M by 60.39%. The company's net income was $-104M, beating the average estimation of $-60.076M by 72.39%. Apple's SG&A was $85.59M, beating the average forecast of $70.02M by 22.23%. Lastly, the company's EPS was $-0.53, beating the average prediction of $-0.299 by 77.55%. In terms of the last quarterly report (Sep 2023), Markforged's revenue was $20.08M, missing the average analysts' forecast of $20.11M by -0.19%. The company's EBITDA was $-16.539M, beating the average prediction of $-11.439M by 44.59%. Markforged's net income was $-51.362M, beating the average estimation of $-15.423M by 233.03%. The company's SG&A was $20.4M, beating the average forecast of $15.68M by 30.05%. Lastly, the company's EPS was $-0.26, beating the average prediction of $-0.0766 by 239.28%