MarketWise (MKTW) Stock Forecast, Price Target & Predictions
MKTW Stock Forecast
MarketWise stock forecast is as follows: an average price target of $3.50 (represents a 371.06% upside from MKTW’s last price of $0.74) and a rating consensus of 'Buy', based on 3 wall street analysts offering a 1-year stock forecast.
MKTW Price Target
The average price target for MarketWise (MKTW) is $3.50 based on 1-year price targets from 3 Wall Street analysts in the past 3 months, with a price target range of $5.00 to $2.00. This represents a potential 371.06% upside from MKTW's last price of $0.74.
MKTW Analyst Ratings
According to 3 Wall Street analysts, MarketWise's rating consensus is 'Buy'. The analyst rating breakdown for MKTW stock is 0 'Strong Buy' (0.00%), 2 'Buy' (66.67%), 1 'Hold' (33.33%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
MarketWise Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Mar 28, 2024 | Alex Kramm | UBS | $2.00 | $1.78 | 12.36% | 169.18% |
| May 10, 2022 | Kyle Peterson | Needham | $5.00 | $2.55 | 96.08% | 572.95% |
The latest MarketWise stock forecast, released on Mar 28, 2024 by Alex Kramm from UBS, set a price target of $2.00, which represents a 12.36% increase from the stock price at the time of the forecast ($1.78), and a 169.18% increase from MKTW last price ($0.74).
MarketWise Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | - | 1 |
| Avg Price Target | - | - | $2.00 |
| Last Closing Price | $0.74 | $0.74 | $0.74 |
| Upside/Downside | -100.00% | -100.00% | 169.18% |
In the current month, the average price target of MarketWise stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to MarketWise's last price of $0.74. 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 |
|---|---|---|---|---|
| Mar 28, 2024 | UBS | Neutral | Neutral | Hold |
| Jan 10, 2023 | JMP Securities | Market Outperform | Market Outperform | Hold |
| Nov 07, 2022 | Needham | Buy | Buy | Hold |
MarketWise's last stock rating was published by UBS on Mar 28, 2024. The company gave MKTW a "Neutral" rating, the same as its previous rate.
MarketWise Financial Forecast
MarketWise Revenue Forecast
| Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | $105.80M | $127.47M | $126.23M | $127.66M | $119.93M | - |
| Avg Forecast | $86.72M | $82.10M | $97.95M | $105.11M | $109.99M | $104.61M | $108.90M | $109.55M | $114.83M | $119.67M | $130.84M |
| High Forecast | $86.72M | $82.10M | $97.95M | $105.11M | $112.97M | $104.61M | $108.90M | $109.55M | $114.83M | $119.67M | $130.84M |
| Low Forecast | $86.72M | $82.10M | $97.95M | $105.11M | $108.05M | $104.61M | $108.90M | $109.55M | $114.83M | $119.67M | $130.84M |
| # Analysts | - | 1 | - | 1 | 3 | 1 | 1 | 1 | 1 | 1 | - |
| Surprise % | - | - | - | - | - | 1.01% | 1.17% | 1.15% | 1.11% | 1.00% | - |
MarketWise's average Quarter revenue forecast for Dec 23 based on 3 analysts is $109.99M, with a low forecast of $108.05M, and a high forecast of $112.97M. MKTW's average Quarter revenue forecast represents a 3.96% increase compared to the company's last Quarter revenue of $105.80M (Sep 23).
MarketWise EBITDA Forecast
| Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | - | 1 | - | 1 | 3 | 1 | 1 | 1 | 1 | 1 | - |
| EBITDA | - | - | - | - | - | $15.25M | $14.31M | $31.59M | $25.80M | $22.56M | - |
| Avg Forecast | $-27.55M | $-26.08M | $-31.12M | $-33.39M | $-34.94M | $-33.23M | $-34.60M | $-34.80M | $-36.48M | $-38.02M | $-41.57M |
| High Forecast | $-27.55M | $-26.08M | $-31.12M | $-33.39M | $-34.33M | $-33.23M | $-34.60M | $-34.80M | $-36.48M | $-38.02M | $-41.57M |
| Low Forecast | $-27.55M | $-26.08M | $-31.12M | $-33.39M | $-35.89M | $-33.23M | $-34.60M | $-34.80M | $-36.48M | $-38.02M | $-41.57M |
| Surprise % | - | - | - | - | - | -0.46% | -0.41% | -0.91% | -0.71% | -0.59% | - |
3 analysts predict MKTW's average Quarter EBITDA for Dec 23 to be $-34.94M, with a high of $-34.33M and a low of $-35.89M. This is -329.17% lower than MarketWise's previous annual EBITDA (Sep 23) of $15.25M.
MarketWise Net Income Forecast
| Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | - | 1 | - | 1 | 3 | 1 | 1 | 1 | 1 | 1 | - |
| Net Income | - | - | - | - | - | $12.04M | $11.88M | $30.61M | $27.60M | $16.51M | - |
| Avg Forecast | $1.19M | $1.04M | $4.83M | $-2.03M | $1.85M | $454.50K | $1.81M | $878.09K | $2.13M | $3.66M | $2.61M |
| High Forecast | $1.19M | $1.04M | $4.83M | $-2.03M | $1.85M | $454.50K | $1.81M | $878.09K | $2.13M | $3.66M | $2.61M |
| Low Forecast | $1.19M | $1.04M | $4.83M | $-2.03M | $1.85M | $454.50K | $1.81M | $878.09K | $2.13M | $3.66M | $2.61M |
| Surprise % | - | - | - | - | - | 26.50% | 6.56% | 34.85% | 12.93% | 4.51% | - |
MarketWise's average Quarter net income forecast for Dec 23 is $1.85M, with a range of $1.85M to $1.85M. MKTW's average Quarter net income forecast represents a -84.65% decrease compared to the company's last Quarter net income of $12.04M (Sep 23).
MarketWise SG&A Forecast
| Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | - | 1 | - | 1 | 3 | 1 | 1 | 1 | 1 | 1 | - |
| SG&A | - | - | - | - | - | $77.47M | $76.66M | $76.76M | $85.41M | $80.72M | - |
| Avg Forecast | $112.28M | $106.30M | $126.82M | $136.09M | $142.41M | $135.44M | $140.99M | $141.84M | $148.68M | $154.94M | $169.40M |
| High Forecast | $112.28M | $106.30M | $126.82M | $136.09M | $146.26M | $135.44M | $140.99M | $141.84M | $148.68M | $154.94M | $169.40M |
| Low Forecast | $112.28M | $106.30M | $126.82M | $136.09M | $139.90M | $135.44M | $140.99M | $141.84M | $148.68M | $154.94M | $169.40M |
| Surprise % | - | - | - | - | - | 0.57% | 0.54% | 0.54% | 0.57% | 0.52% | - |
MarketWise's average Quarter SG&A projection for Dec 23 is $142.41M, based on 3 Wall Street analysts, with a range of $139.90M to $146.26M. The forecast indicates a 83.82% rise compared to MKTW last annual SG&A of $77.47M (Sep 23).
MarketWise EPS Forecast
| Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | - | 1 | - | 1 | 3 | 1 | 1 | 1 | 1 | 1 | - |
| EPS | - | - | - | - | - | $0.37 | $0.39 | $0.10 | $1.10 | $0.70 | - |
| Avg Forecast | $0.03 | $0.03 | $0.12 | $-0.05 | $0.05 | $0.01 | $0.05 | $0.02 | $0.05 | $0.09 | $0.07 |
| High Forecast | $0.03 | $0.03 | $0.12 | $-0.05 | $0.05 | $0.01 | $0.05 | $0.02 | $0.05 | $0.09 | $0.07 |
| Low Forecast | $0.03 | $0.03 | $0.12 | $-0.05 | $0.05 | $0.01 | $0.05 | $0.02 | $0.05 | $0.09 | $0.07 |
| Surprise % | - | - | - | - | - | 31.61% | 8.36% | 4.21% | 20.02% | 7.43% | - |
According to 3 Wall Street analysts, MarketWise's projected average Quarter EPS for Dec 23 is $0.05, with a low estimate of $0.05 and a high estimate of $0.05. This represents a -87.13% decrease compared to MKTW previous annual EPS of $0.37 (Sep 23).
MKTW Forecast FAQ
Is MarketWise a good buy?
Yes, according to 3 Wall Street analysts, MarketWise (MKTW) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 2 'Buy' recommendations, accounting for 66.67% of MKTW's total ratings.
What is MKTW's price target?
MarketWise (MKTW) average price target is $3.5 with a range of $2 to $5, implying a 371.06% from its last price of $0.743. The data is based on 3 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will MarketWise stock go up soon?
According to Wall Street analysts' prediction for MKTW stock, the company can go up by 371.06% (from the last price of $0.743 to the average price target of $3.5), up by 572.95% based on the highest stock price target, and up by 169.18% based on the lowest stock price target.
Can MarketWise stock reach $1?
MKTW's average twelve months analyst stock price target of $3.5 supports the claim that MarketWise can reach $1 in the near future.
What are MarketWise's analysts' financial forecasts?
MKTW's analysts financial forecasts for the fiscal year (Dec 2024) are as follows: average revenue is $371.88M (high $371.88M, low $371.88M), average EBITDA is $-118M (high $-118M, low $-118M), average net income is $5.03M (high $5.03M, low $5.03M), average SG&A $481.47M (high $481.47M, low $481.47M), and average EPS is $0.13 (high $0.13, low $0.13).
Did the MKTW's actual financial results beat the analysts' financial forecasts?
Based on MarketWise's last annual report (Dec 2023), the company's revenue was $443.24M, beating the average analysts forecast of $433.05M by 2.35%. Apple's EBITDA was $64.82M, missing the average prediction of $-138M by -147.12%. The company's net income was $54.3M, beating the average estimation of $4.99M by 987.27%. Apple's SG&A was $17.28M, missing the average forecast of $560.68M by -96.92%. Lastly, the company's EPS was $1.63, beating the average prediction of $0.129 by 1167.56%. In terms of the last quarterly report (Sep 2023), MarketWise's revenue was $105.8M, beating the average analysts' forecast of $104.61M by 1.14%. The company's EBITDA was $15.25M, missing the average prediction of $-33.232M by -145.88%. MarketWise's net income was $12.04M, beating the average estimation of $454.5K by 2549.94%. The company's SG&A was $77.47M, missing the average forecast of $135.44M by -42.80%. Lastly, the company's EPS was $0.37, beating the average prediction of $0.0117 by 3061.31%