MarketWise (MKTW) Stock Forecast, Price Target & Predictions


OverviewRevenueOwnershipFinancialsChart

MKTW Stock Forecast


MarketWise stock forecast is as follows: an average price target of $3.50 (represents a 580.80% upside from MKTW’s last price of $0.51) 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 580.80% upside from MKTW's last price of $0.51.

MKTW Analyst Ratings


Buy

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


DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Mar 28, 2024Alex KrammUBS$2.00$1.7812.36%289.03%
May 10, 2022Kyle PetersonNeedham$5.00$2.5596.08%872.57%

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 289.03% increase from MKTW last price ($0.51).

MarketWise Price Target by Period


1M3M12M
# Anlaysts--1
Avg Price Target--$2.00
Last Closing Price$0.51$0.51$0.51
Upside/Downside-100.00%-100.00%289.03%

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 $0.51. 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


DateCompanyPrevious RatingNew RatingRating Change
Mar 28, 2024UBSNeutralNeutralHold
Jan 10, 2023JMP SecuritiesMarket OutperformMarket OutperformHold
Nov 07, 2022NeedhamBuyBuyHold

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 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21
Revenue-----$105.80M$127.47M$126.23M$127.66M$119.93M$128.01M$136.80M$71.53M$140.67M-
Avg Forecast$86.72M$82.10M$97.95M$105.11M$109.99M$104.61M$108.90M$109.55M$114.83M$119.67M$130.84M$129.79M$139.85M$145.78M$141.16M
High Forecast$86.72M$82.10M$97.95M$105.11M$112.97M$104.61M$108.90M$109.55M$114.83M$119.67M$130.84M$129.79M$139.85M$145.78M$141.16M
Low Forecast$86.72M$82.10M$97.95M$105.11M$108.05M$104.61M$108.90M$109.55M$114.83M$119.67M$130.84M$129.79M$139.85M$145.78M$141.16M
# Analysts111131111111111
Surprise %-----1.01%1.17%1.15%1.11%1.00%0.98%1.05%0.51%0.96%-

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 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21
# Analysts111131111111111
EBITDA-----$15.25M$14.31M$31.59M$25.80M$22.56M$35.91M$25.32M$-465.77M$-395.82M$-21.82M
Avg Forecast$-27.65M$-26.18M$-31.23M$-33.52M$-35.07M$-33.36M$-34.73M$-34.93M$-36.62M$-38.02M$788.14K$-41.23M$-44.43M$-46.31M$-44.84M
High Forecast$-27.65M$-26.18M$-31.23M$-33.52M$-34.46M$-33.36M$-34.73M$-34.93M$-36.62M$-38.02M$945.77K$-41.23M$-44.43M$-46.31M$-44.84M
Low Forecast$-27.65M$-26.18M$-31.23M$-33.52M$-36.02M$-33.36M$-34.73M$-34.93M$-36.62M$-38.02M$630.51K$-41.23M$-44.43M$-46.31M$-44.84M
Surprise %------0.46%-0.41%-0.90%-0.70%-0.59%45.56%-0.61%10.48%8.55%0.49%

3 analysts predict MKTW's average Quarter EBITDA for Dec 23 to be $-35.07M, with a high of $-34.46M and a low of $-36.02M. This is -330.04% lower than MarketWise's previous annual EBITDA (Sep 23) of $15.25M.

MarketWise Net Income Forecast

Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21
# Analysts111131111111111
Net Income-----$12.04M$11.88M$30.61M$27.60M$16.51M$34.04M$23.02M$515.82M$-399.53M$-21.82M
Avg Forecast$1.21M$1.06M$4.93M$-2.07M$1.89M$464.20K$1.85M$896.84K$2.18M$3.66M$2.57M$3.24M$3.53M$2.99M$-928.21M
High Forecast$1.21M$1.06M$4.94M$-2.07M$1.89M$470.07K$1.85M$896.84K$2.18M$3.66M$2.57M$3.24M$3.53M$2.99M$-742.57M
Low Forecast$1.21M$1.06M$4.92M$-2.07M$1.89M$458.33K$1.85M$896.84K$2.18M$3.66M$2.57M$3.24M$3.53M$2.99M$-1.11B
Surprise %-----25.95%6.42%34.13%12.66%4.51%13.24%7.10%146.29%-133.71%0.02%

MarketWise's average Quarter net income forecast for Dec 23 is $1.89M, with a range of $1.89M to $1.89M. MKTW's average Quarter net income forecast represents a -84.32% decrease compared to the company's last Quarter net income of $12.04M (Sep 23).

MarketWise SG&A Forecast

Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21
# Analysts111131111111111
SG&A-----$77.47M$76.66M$76.76M$85.41M$80.72M$85.51M$98.88M$668.35M$448.94M$2.99M
Avg Forecast$112.35M$106.36M$126.90M$136.17M$142.50M$135.53M$141.08M$141.93M$148.77M$154.94M$169.40M$168.04M$181.07M$188.74M$127.34M
High Forecast$112.35M$106.36M$126.90M$136.17M$146.35M$135.53M$141.08M$141.93M$148.77M$154.94M$169.40M$168.04M$181.07M$188.74M$152.81M
Low Forecast$112.35M$106.36M$126.90M$136.17M$139.99M$135.53M$141.08M$141.93M$148.77M$154.94M$169.40M$168.04M$181.07M$188.74M$101.88M
Surprise %-----0.57%0.54%0.54%0.57%0.52%0.50%0.59%3.69%2.38%0.02%

MarketWise's average Quarter SG&A projection for Dec 23 is $142.50M, based on 3 Wall Street analysts, with a range of $139.99M to $146.35M. The forecast indicates a 83.94% rise compared to MKTW last annual SG&A of $77.47M (Sep 23).

MarketWise EPS Forecast

Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21
# Analysts111131111111111
EPS-----$0.37$0.39$0.10$1.10$0.70$1.53$0.97$20.87$-15.88$-0.32
Avg Forecast$0.03$0.03$0.12$-0.05$0.05$0.01$0.05$0.02$0.05$0.09$0.07$0.08$0.09$0.08$0.16
High Forecast$0.03$0.03$0.12$-0.05$0.05$0.01$0.05$0.02$0.05$0.09$0.07$0.08$0.09$0.08$0.16
Low Forecast$0.03$0.03$0.12$-0.05$0.05$0.01$0.05$0.02$0.05$0.09$0.07$0.08$0.09$0.08$0.16
Surprise %-----31.61%8.36%4.21%20.02%7.43%23.11%11.62%229.85%-206.43%-2.02%

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).

MarketWise Peer Comparison by Price Target


TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
MKTWMarketWise$0.52$3.50573.08%Buy
ONTFON24$6.68$18.00169.46%
RSSSResearch Solutions$4.00$5.0025.00%Buy
MLNKMeridianLink$22.18$22.752.57%Buy

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 580.80% from its last price of $0.514. 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 580.80% (from the last price of $0.514 to the average price target of $3.5), up by 872.57% based on the highest stock price target, and up by 289.03% 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 $-119M (high $-119M, low $-119M), average net income is $5.14M (high $5.14M, low $5.13M), average SG&A $481.78M (high $481.78M, low $481.78M), and average EPS is $0.13 (high $0.13, low $0.129).

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 -146.94%. The company's net income was $54.3M, beating the average estimation of $5.1M by 964.55%. Apple's SG&A was $17.28M, missing the average forecast of $561.04M 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 $-33.357M by -145.71%. MarketWise's net income was $12.04M, beating the average estimation of $464.2K by 2494.55%. The company's SG&A was $77.47M, missing the average forecast of $135.53M by -42.84%. Lastly, the company's EPS was $0.37, beating the average prediction of $0.0117 by 3061.31%