Marcus & Millichap (MMI) Stock Forecast, Price Target & Predictions

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MMI Stock Forecast

Marcus & Millichap stock forecast is as follows: an average price target of $26.00 (represents a -31.56% downside from MMI’s last price of $37.99) and a rating consensus of 'Buy', based on 2 wall street analysts offering a 1-year stock forecast.

MMI Price Target

The average price target for Marcus & Millichap (MMI) is $26.00 based on 1-year price targets from 2 Wall Street analysts in the past 3 months, with a price target range of $26.00 to $26.00. This represents a potential -31.56% downside from MMI's last price of $37.99.

MMI Analyst Ratings

Buy

According to 2 Wall Street analysts, Marcus & Millichap's rating consensus is 'Buy'. The analyst rating breakdown for MMI stock is 0 'Strong Buy' (0.00%), 1 'Buy' (50.00%), 0 'Hold' (0.00%), 1 'Sell' (50.00%), and 0 'Strong Sell' (0.00%).

Marcus & Millichap Price Target by Analyst

Date	Analyst	Company	Price Target	Price when Published	Price Target/Price when Published	Price Target/Last Closing Price
Sep 23, 2022		Wells Fargo	$26.00	$33.70	-22.86%	-31.56%

The latest Marcus & Millichap stock forecast, released on Sep 23, 2022 by Wells Fargo company, set a price target of $26.00, which represents a -22.86% decrease from the stock price at the time of the forecast ($33.70), and a -31.56% decrease from MMI last price ($37.99).

Marcus & Millichap Price Target by Period

	1M	3M	12M
# Anlaysts	-	-	-
Avg Price Target	-	-	-
Last Closing Price	$37.99	$37.99	$37.99
Upside/Downside	-100.00%	-100.00%	-100.00%

In the current month, the average price target of Marcus & Millichap stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Marcus & Millichap's last price of $37.99. This month's average price target is down NaN% compared to last quarter, and down NaN% compared to last year.

Analyst Ratings Upgrades/Downgrades

Date	Company	Previous Rating	New Rating	Rating Change
Dec 05, 2022	B. Riley Securities	Buy	Buy	Hold
Sep 23, 2022	Wells Fargo	Underweight	Underweight	Hold

Marcus & Millichap's last stock rating was published by B. Riley Securities on Dec 05, 2022. The company gave MMI a "Buy" rating, the same as its previous rate.

Marcus & Millichap Financial Forecast

Marcus & Millichap Revenue Forecast

	Dec 26	Sep 26	Jun 26	Mar 26	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	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19
Revenue	-	-	-	-	-	-	-	-	-	-	-	-	$166.24M	$162.03M	$162.87M	$154.79M	$262.45M	$323.84M	$395.96M	$319.46M	$495.13M	$332.38M	$284.95M	$183.98M	$250.21M	$158.57M	$117.40M	$190.72M	$237.91M	$198.22M
Avg Forecast	$299.50M	$250.10M	$227.90M	$208.50M	$241.40M	$209.00M	$187.10M	$169.00M	$187.80M	$160.90M	$160.70M	$127.50M	$171.20M	$164.80M	$151.50M	$155.70M	$260.70M	$335.00M	$341.30M	$317.80M	$370.80M	$244.70M	$216.90M	$162.20M	$162.80M	$133.50M	$103.80M	$167.80M	$215.77M	$207.27M
High Forecast	$299.50M	$250.10M	$227.90M	$208.50M	$241.40M	$209.00M	$187.10M	$169.00M	$187.80M	$167.15M	$160.70M	$127.50M	$171.20M	$164.80M	$151.50M	$155.70M	$260.70M	$335.00M	$341.30M	$317.80M	$370.80M	$244.70M	$216.90M	$162.20M	$162.80M	$133.50M	$103.80M	$167.80M	$215.77M	$207.27M
Low Forecast	$299.50M	$250.10M	$227.90M	$208.50M	$241.40M	$209.00M	$187.10M	$169.00M	$187.80M	$154.65M	$160.70M	$127.50M	$171.20M	$164.80M	$151.50M	$155.70M	$260.70M	$335.00M	$341.30M	$317.80M	$370.80M	$244.70M	$216.90M	$162.20M	$162.80M	$133.50M	$103.80M	$167.80M	$215.77M	$207.27M
# Analysts	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	5	9	6	4	4
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	0.97%	0.98%	1.08%	0.99%	1.01%	0.97%	1.16%	1.01%	1.34%	1.36%	1.31%	1.13%	1.54%	1.19%	1.13%	1.14%	1.10%	0.96%

Marcus & Millichap's average Quarter revenue forecast for Mar 24 based on 1 analysts is $127.50M, with a low forecast of $127.50M, and a high forecast of $127.50M. MMI's average Quarter revenue forecast represents a -23.31% decrease compared to the company's last Quarter revenue of $166.24M (Dec 23).

Marcus & Millichap EBITDA Forecast

	Dec 26	Sep 26	Jun 26	Mar 26	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	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19
# Analysts	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	5	9	6	4	4
EBITDA	-	-	-	-	-	-	-	-	-	-	-	-	$-13.89M	$-7.85M	$-2.75M	$-8.04M	$13.46M	$34.45M	$59.61M	$48.61M	$86.59M	$54.76M	$51.77M	$30.25M	$41.50M	$16.49M	$8.76M	$27.23M	$38.63M	$33.75M
Avg Forecast	$26.81M	$22.38M	$20.40M	$18.66M	$21.61M	$18.71M	$16.75M	$15.13M	$16.81M	$14.40M	$14.38M	$51.47M	$15.32M	$14.75M	$13.56M	$46.79M	$79.72M	$30.44M	$31.01M	$42.53M	$33.69M	$22.24M	$19.71M	$29.92M	$14.79M	$12.13M	$9.43M	$25.48M	$19.61M	$18.83M
High Forecast	$26.81M	$22.38M	$20.40M	$18.66M	$21.61M	$18.71M	$16.75M	$15.13M	$16.81M	$14.96M	$14.38M	$61.76M	$15.32M	$14.75M	$13.56M	$56.15M	$95.67M	$30.44M	$31.01M	$51.04M	$33.69M	$22.24M	$19.71M	$35.90M	$14.79M	$12.13M	$9.43M	$30.57M	$19.61M	$18.83M
Low Forecast	$26.81M	$22.38M	$20.40M	$18.66M	$21.61M	$18.71M	$16.75M	$15.13M	$16.81M	$13.84M	$14.38M	$41.17M	$15.32M	$14.75M	$13.56M	$37.43M	$63.78M	$30.44M	$31.01M	$34.03M	$33.69M	$22.24M	$19.71M	$23.94M	$14.79M	$12.13M	$9.43M	$20.38M	$19.61M	$18.83M
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	-0.91%	-0.53%	-0.20%	-0.17%	0.17%	1.13%	1.92%	1.14%	2.57%	2.46%	2.63%	1.01%	2.81%	1.36%	0.93%	1.07%	1.97%	1.79%

1 analysts predict MMI's average Quarter EBITDA for Mar 23 to be $46.79M, with a high of $56.15M and a low of $37.43M. This is 247.48% upper than Marcus & Millichap's previous annual EBITDA (Dec 22) of $13.46M.

Marcus & Millichap Net Income Forecast

	Dec 26	Sep 26	Jun 26	Mar 26	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	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19
# Analysts	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	5	9	6	4	4
Net Income	-	-	-	-	-	-	-	-	-	-	-	-	$-10.23M	$-9.24M	$-8.73M	$-5.83M	$7.91M	$21.36M	$42.17M	$32.78M	$62.00M	$33.92M	$31.53M	$15.01M	$23.62M	$6.04M	$106.00K	$13.07M	$20.72M	$19.29M
Avg Forecast	$12.97M	$7.14M	$6.13M	$3.15M	$2.09M	$1.18M	$324.48K	$-1.27M	$-2.31M	$-7.34M	$-5.79M	$34.71M	$-10.82M	$-10.04M	$-8.88M	$31.55M	$45.38M	$21.27M	$32.49M	$28.69M	$37.13M	$18.18M	$15.28M	$14.85M	$5.99M	$2.32M	$-5.99M	$12.23M	$18.69M	$18.95M
High Forecast	$12.97M	$7.14M	$6.13M	$3.15M	$2.09M	$1.18M	$324.48K	$-1.27M	$-2.31M	$-7.34M	$-5.79M	$41.65M	$-10.82M	$-10.04M	$-8.88M	$37.86M	$54.46M	$21.27M	$32.49M	$34.42M	$37.13M	$18.18M	$15.28M	$17.82M	$5.99M	$2.32M	$-5.99M	$14.67M	$18.69M	$18.95M
Low Forecast	$12.97M	$7.14M	$6.13M	$3.15M	$2.09M	$1.18M	$324.48K	$-1.27M	$-2.31M	$-7.34M	$-5.79M	$27.77M	$-10.82M	$-10.04M	$-8.88M	$25.24M	$36.31M	$21.27M	$32.49M	$22.95M	$37.13M	$18.18M	$15.28M	$11.88M	$5.99M	$2.32M	$-5.99M	$9.78M	$18.69M	$18.95M
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	0.95%	0.92%	0.98%	-0.18%	0.17%	1.00%	1.30%	1.14%	1.67%	1.87%	2.06%	1.01%	3.94%	2.60%	-0.02%	1.07%	1.11%	1.02%

Marcus & Millichap's average Quarter net income forecast for Mar 23 is $31.55M, with a range of $25.24M to $37.86M. MMI's average Quarter net income forecast represents a 298.86% increase compared to the company's last Quarter net income of $7.91M (Dec 22).

Marcus & Millichap SG&A Forecast

	Dec 26	Sep 26	Jun 26	Mar 26	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	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19
# Analysts	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	5	9	6	4	4
SG&A	-	-	-	-	-	-	-	-	-	-	-	-	-	$69.19M	$68.91M	$72.22M	$72.63M	$73.00M	$79.84M	$74.53M	$77.01M	$64.67M	$61.80M	$51.68M	$59.49M	$52.33M	$46.27M	$57.32M	$55.61M	$50.00M
Avg Forecast	$84.20M	$70.31M	$64.07M	$58.62M	$67.87M	$58.76M	$52.60M	$47.51M	$52.80M	$45.23M	$45.18M	$78.91M	$48.13M	$46.33M	$42.59M	$71.74M	$114.29M	$94.18M	$95.95M	$65.22M	$104.25M	$68.79M	$60.98M	$51.11M	$45.77M	$37.53M	$29.18M	$53.63M	$60.66M	$58.27M
High Forecast	$84.20M	$70.31M	$64.07M	$58.62M	$67.87M	$58.76M	$52.60M	$47.51M	$52.80M	$46.99M	$45.18M	$94.70M	$48.13M	$46.33M	$42.59M	$86.09M	$137.15M	$94.18M	$95.95M	$78.26M	$104.25M	$68.79M	$60.98M	$61.33M	$45.77M	$37.53M	$29.18M	$64.35M	$60.66M	$58.27M
Low Forecast	$84.20M	$70.31M	$64.07M	$58.62M	$67.87M	$58.76M	$52.60M	$47.51M	$52.80M	$43.48M	$45.18M	$63.13M	$48.13M	$46.33M	$42.59M	$57.39M	$91.43M	$94.18M	$95.95M	$52.17M	$104.25M	$68.79M	$60.98M	$40.89M	$45.77M	$37.53M	$29.18M	$42.90M	$60.66M	$58.27M
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	-	1.49%	1.62%	1.01%	0.64%	0.78%	0.83%	1.14%	0.74%	0.94%	1.01%	1.01%	1.30%	1.39%	1.59%	1.07%	0.92%	0.86%

Marcus & Millichap's average Quarter SG&A projection for Dec 23 is $48.13M, based on 1 Wall Street analysts, with a range of $48.13M to $48.13M. The forecast indicates a -30.44% fall compared to MMI last annual SG&A of $69.19M (Sep 23).

Marcus & Millichap EPS Forecast

	Dec 26	Sep 26	Jun 26	Mar 26	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	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19
# Analysts	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	5	9	6	4	4
EPS	-	-	-	-	-	-	-	-	-	-	-	-	$-0.27	$-0.24	$-0.23	$-0.15	$0.20	$0.53	$1.05	$0.82	$1.55	$0.85	$0.79	$0.38	$0.59	$0.15	-	$0.33	$0.53	$0.49
Avg Forecast	$0.34	$0.18	$0.16	$0.08	$0.05	$0.03	$0.01	$-0.03	$-0.06	$-0.19	$-0.15	$-0.28	$-0.28	$-0.26	$-0.23	$-0.17	$0.19	$0.55	$0.84	$0.72	$0.96	$0.47	$0.40	$0.19	$0.15	$0.06	$-0.15	$0.31	$0.48	$0.49
High Forecast	$0.34	$0.18	$0.16	$0.08	$0.05	$0.03	$0.01	$-0.03	$-0.06	$-0.19	$-0.15	$-0.28	$-0.28	$-0.26	$-0.23	$-0.17	$0.19	$0.55	$0.84	$0.72	$0.96	$0.47	$0.40	$0.19	$0.15	$0.06	$-0.15	$0.31	$0.48	$0.49
Low Forecast	$0.34	$0.18	$0.16	$0.08	$0.05	$0.03	$0.01	$-0.03	$-0.06	$-0.19	$-0.15	$-0.28	$-0.28	$-0.26	$-0.23	$-0.17	$0.19	$0.55	$0.84	$0.72	$0.96	$0.47	$0.40	$0.19	$0.15	$0.06	$-0.15	$0.31	$0.48	$0.49
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	0.96%	0.92%	1.00%	0.88%	1.07%	0.96%	1.25%	1.14%	1.61%	1.81%	2.00%	2.00%	3.81%	2.50%	-0.02%	1.06%	1.10%	1.00%

According to 1 Wall Street analysts, Marcus & Millichap's projected average Quarter EPS for Mar 23 is $-0.17, with a low estimate of $-0.17 and a high estimate of $-0.17. This represents a -185.00% decrease compared to MMI previous annual EPS of $0.20 (Dec 22).

Marcus & Millichap Peer Comparison by Price Target

Ticker	Company	Last Closing Price	Avg Price Target	Upside/Downside	Avg Rating
FTHM	Fathom	$1.80	$2.75	52.78%	Buy
RMAX	RE/MAX	$11.78	$16.67	41.51%	Buy
FSV	FirstService	$186.36	$196.00	5.17%	Buy
HOUS	Anywhere Real Estate	$4.18	$3.50	-16.27%	Sell
MMI	Marcus & Millichap	$39.25	$26.00	-33.76%	Buy

MMI Forecast FAQ

Is Marcus & Millichap a good buy?

Yes, according to 2 Wall Street analysts, Marcus & Millichap (MMI) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 1 'Buy' recommendations, accounting for 50.00% of MMI's total ratings.

What is MMI's price target?

Marcus & Millichap (MMI) average price target is $26 with a range of $26 to $26, implying a -31.56% from its last price of $37.99. The data is based on 2 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

Will Marcus & Millichap stock go up soon?

According to Wall Street analysts' prediction for MMI stock, the company can go down by -31.56% (from the last price of $37.99 to the average price target of $26), down by -31.56% based on the highest stock price target, and down by -31.56% based on the lowest stock price target.

Can Marcus & Millichap stock reach $60?

MMI's average twelve months analyst stock price target of $26 does not support the claim that Marcus & Millichap can reach $60 in the near future.

What are Marcus & Millichap's analysts' financial forecasts?

Marcus & Millichap's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $806.5M (high $806.5M, low $806.5M), average EBITDA is $72.18M (high $72.18M, low $72.18M), average net income is $2.33M (high $2.33M, low $2.33M), average SG&A $226.74M (high $226.74M, low $226.74M), and average EPS is $0.0602 (high $0.0602, low $0.0602). MMI's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $986M (high $986M, low $986M), average EBITDA is $88.25M (high $88.25M, low $88.25M), average net income is $29.4M (high $29.4M, low $29.4M), average SG&A $277.2M (high $277.2M, low $277.2M), and average EPS is $0.761 (high $0.761, low $0.761).

Did the MMI's actual financial results beat the analysts' financial forecasts?

Based on Marcus & Millichap's last annual report (Dec 2023), the company's revenue was $645.93M, beating the average analysts forecast of $643.2M by 0.42%. Apple's EBITDA was $-45.741M, missing the average prediction of $90.42M by -150.59%. The company's net income was $-34.035M, missing the average estimation of $1.81M by -1981.11%. Apple's SG&A was $0, missing the average forecast of $208.79M by -100.00%. Lastly, the company's EPS was $-0.88, missing the average prediction of $-0.94 by -6.38%. In terms of the last quarterly report (Dec 2023), Marcus & Millichap's revenue was $166.24M, missing the average analysts' forecast of $171.2M by -2.90%. The company's EBITDA was $-13.886M, missing the average prediction of $15.32M by -190.63%. Marcus & Millichap's net income was $-10.233M, missing the average estimation of $-10.816M by -5.39%. The company's SG&A was $0, missing the average forecast of $48.13M by -100.00%. Lastly, the company's EPS was $-0.27, missing the average prediction of $-0.28 by -3.57%