Marcus & Millichap (MMI) Stock Forecast, Price Target & Predictions
MMI Stock Forecast
Marcus & Millichap stock forecast is as follows: an average price target of $26.00 (represents a -31.20% downside from MMI’s last price of $37.79) 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 -31.20% downside from MMI's last price of $37.79.
MMI Analyst Ratings
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% | -31.20% |
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 -31.20% decrease from MMI last price ($37.79).
Marcus & Millichap Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | - | - |
| Avg Price Target | - | - | - |
| Last Closing Price | $37.79 | $37.79 | $37.79 |
| 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 $37.79. 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 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 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Dec 18 | Sep 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | $166.24M | $162.03M | $162.87M | $154.79M | $262.45M | $323.84M | - | $319.46M | $495.13M | $332.38M | $284.95M | $183.98M | $250.21M | $158.57M | $117.40M | $190.72M | $237.91M | $198.22M | $209.59M | $160.71M | $230.28M | $210.59M |
| Avg Forecast | $276.60M | $237.60M | $219.60M | $188.50M | $202.40M | $173.40M | $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 | $188.33M | $178.13M | $184.92M | $194.70M |
| High Forecast | $276.60M | $237.60M | $219.60M | $188.50M | $202.40M | $173.40M | $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 | $188.33M | $178.13M | $221.91M | $233.64M |
| Low Forecast | $276.60M | $237.60M | $219.60M | $188.50M | $202.40M | $173.40M | $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 | $188.33M | $178.13M | $147.94M | $155.76M |
| # Analysts | - | - | - | - | - | 1 | - | - | - | 1 | - | - | - | - | - | - | - | - | - | 4 | 4 | 7 | 4 | 4 | 3 | 5 | 3 | 3 | 9 | 19 |
| Surprise % | - | - | - | - | - | - | - | - | 0.97% | 0.98% | 1.08% | 0.99% | 1.01% | 0.97% | - | 1.01% | 1.34% | 1.36% | 1.31% | 1.13% | 1.54% | 1.19% | 1.13% | 1.14% | 1.10% | 0.96% | 1.11% | 0.90% | 1.25% | 1.08% |
Marcus & Millichap's average Quarter revenue forecast for Mar 24 based on 0 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 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 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Dec 18 | Sep 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | - | - | - | - | - | 1 | - | - | - | 1 | - | - | - | - | - | - | - | - | - | 4 | 4 | 7 | 4 | 4 | 3 | 5 | 3 | 3 | 9 | 19 |
| EBITDA | - | - | - | - | - | - | - | - | $-13.89M | $-7.85M | $-2.75M | $-8.04M | $13.46M | $34.45M | - | $48.61M | $86.59M | $54.76M | $51.77M | $30.25M | $41.50M | $16.49M | $8.76M | $27.23M | $38.63M | $33.75M | $42.27M | $23.48M | $35.53M | $31.16M |
| Avg Forecast | $25.13M | $21.59M | $19.95M | $17.13M | $18.39M | $15.76M | $14.60M | $51.47M | $15.56M | $14.97M | $13.77M | $46.79M | $23.69M | $31.18M | $31.01M | $42.53M | $33.69M | $28.35M | $51.21M | $29.92M | $63.02M | $9.07M | $15.92M | $25.48M | $36.27M | $33.75M | $31.46M | $24.59M | $26.82M | $28.62M |
| High Forecast | $25.13M | $21.59M | $19.95M | $17.13M | $18.39M | $15.76M | $14.60M | $61.76M | $15.56M | $14.97M | $13.77M | $56.15M | $23.69M | $37.42M | $31.01M | $51.04M | $33.69M | $34.02M | $61.45M | $35.90M | $75.63M | $10.89M | $19.10M | $30.57M | $43.52M | $40.50M | $37.75M | $29.51M | $32.18M | $34.34M |
| Low Forecast | $25.13M | $21.59M | $19.95M | $17.13M | $18.39M | $15.76M | $14.60M | $41.17M | $15.56M | $14.97M | $13.77M | $37.43M | $23.69M | $24.95M | $31.01M | $34.03M | $33.69M | $22.68M | $40.97M | $23.94M | $50.42M | $7.26M | $12.73M | $20.38M | $29.01M | $27.00M | $25.17M | $19.68M | $21.45M | $22.89M |
| Surprise % | - | - | - | - | - | - | - | - | -0.89% | -0.52% | -0.20% | -0.17% | 0.57% | 1.10% | - | 1.14% | 2.57% | 1.93% | 1.01% | 1.01% | 0.66% | 1.82% | 0.55% | 1.07% | 1.07% | 1.00% | 1.34% | 0.95% | 1.33% | 1.09% |
0 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 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 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Dec 18 | Sep 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | - | - | - | - | - | 1 | - | - | - | 1 | - | - | - | - | - | - | - | - | - | 4 | 4 | 7 | 4 | 4 | 3 | 5 | 3 | 3 | 9 | 19 |
| Net Income | - | - | - | - | - | - | - | - | $-10.23M | $-9.24M | $-8.73M | $-5.83M | $7.91M | $21.36M | - | $32.78M | $62.00M | $33.92M | $31.53M | $15.01M | $23.62M | $6.04M | $106.00K | $13.07M | $20.72M | $19.29M | $21.28M | $15.64M | $26.23M | $20.85M |
| Avg Forecast | $13.19M | $10.18M | $7.13M | $2.75M | $649.74K | $-4.73M | $-5.80M | $34.71M | $-10.83M | $-10.06M | $-8.90M | $31.55M | $7.25M | $19.32M | $32.30M | $28.69M | $36.88M | $17.56M | $31.19M | $14.85M | $35.88M | $3.32M | $192.50K | $12.23M | $19.45M | $19.29M | $15.84M | $16.38M | $19.79M | $19.15M |
| High Forecast | $13.19M | $10.18M | $7.13M | $2.75M | $649.74K | $-4.73M | $-5.80M | $41.65M | $-10.83M | $-10.06M | $-8.90M | $37.86M | $7.25M | $23.18M | $32.30M | $34.42M | $36.88M | $21.07M | $37.42M | $17.82M | $43.05M | $3.99M | $231.00K | $14.67M | $23.34M | $23.15M | $19.00M | $19.66M | $23.75M | $22.98M |
| Low Forecast | $13.19M | $10.18M | $7.13M | $2.75M | $649.74K | $-4.73M | $-5.80M | $27.77M | $-10.83M | $-10.06M | $-8.90M | $25.24M | $7.25M | $15.45M | $32.30M | $22.95M | $36.88M | $14.05M | $24.95M | $11.88M | $28.70M | $2.66M | $154.00K | $9.78M | $15.56M | $15.43M | $12.67M | $13.11M | $15.83M | $15.32M |
| Surprise % | - | - | - | - | - | - | - | - | 0.94% | 0.92% | 0.98% | -0.18% | 1.09% | 1.11% | - | 1.14% | 1.68% | 1.93% | 1.01% | 1.01% | 0.66% | 1.82% | 0.55% | 1.07% | 1.07% | 1.00% | 1.34% | 0.95% | 1.33% | 1.09% |
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 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 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Dec 18 | Sep 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | - | - | - | - | - | 1 | - | - | - | 1 | - | - | - | - | - | - | - | - | - | 4 | 4 | 7 | 4 | 4 | 3 | 5 | 3 | 3 | 9 | 19 |
| SG&A | - | - | - | - | - | - | - | - | - | $69.19M | $68.91M | $72.22M | $72.63M | $73.00M | - | $74.53M | $77.01M | $64.67M | $61.80M | $51.68M | $59.49M | $52.33M | $46.27M | $57.32M | $55.61M | $50.00M | $54.77M | $50.75M | $49.33M | $50.31M |
| Avg Forecast | $77.76M | $66.80M | $61.74M | $52.99M | $56.90M | $48.75M | $45.18M | $78.91M | $48.13M | $46.33M | $42.59M | $71.74M | $73.29M | $36.83M | $95.95M | $65.22M | $104.25M | $33.48M | $61.12M | $51.11M | $90.35M | $28.78M | $84.03M | $53.63M | $52.20M | $50.00M | $40.76M | $53.17M | $37.23M | $46.20M |
| High Forecast | $77.76M | $66.80M | $61.74M | $52.99M | $56.90M | $48.75M | $45.18M | $94.70M | $48.13M | $46.33M | $42.59M | $86.09M | $73.29M | $44.19M | $95.95M | $78.26M | $104.25M | $40.17M | $73.35M | $61.33M | $108.42M | $34.54M | $100.84M | $64.35M | $62.64M | $60.00M | $48.91M | $63.80M | $44.67M | $55.44M |
| Low Forecast | $77.76M | $66.80M | $61.74M | $52.99M | $56.90M | $48.75M | $45.18M | $63.13M | $48.13M | $46.33M | $42.59M | $57.39M | $73.29M | $29.46M | $95.95M | $52.17M | $104.25M | $26.78M | $48.90M | $40.89M | $72.28M | $23.02M | $67.22M | $42.90M | $41.76M | $40.00M | $32.61M | $42.53M | $29.78M | $36.96M |
| Surprise % | - | - | - | - | - | - | - | - | - | 1.49% | 1.62% | 1.01% | 0.99% | 1.98% | - | 1.14% | 0.74% | 1.93% | 1.01% | 1.01% | 0.66% | 1.82% | 0.55% | 1.07% | 1.07% | 1.00% | 1.34% | 0.95% | 1.33% | 1.09% |
Marcus & Millichap's average Quarter SG&A projection for Dec 23 is $48.13M, based on 0 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 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 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Dec 18 | Sep 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | - | - | - | - | - | 1 | - | - | - | 1 | - | - | - | - | - | - | - | - | - | 4 | 4 | 7 | 4 | 4 | 3 | 5 | 3 | 3 | 9 | 19 |
| EPS | - | - | - | - | - | - | - | - | $-0.27 | $-0.24 | $-0.23 | $-0.15 | $0.20 | $0.53 | - | $0.82 | $1.55 | $0.85 | $0.79 | $0.38 | $0.59 | $0.15 | - | $0.33 | $0.53 | $0.49 | $0.54 | $0.40 | $0.67 | $0.53 |
| Avg Forecast | $0.34 | $0.26 | $0.18 | $0.07 | $0.02 | $-0.12 | $-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 | $0.43 | $0.42 | $0.40 | $0.45 |
| High Forecast | $0.34 | $0.26 | $0.18 | $0.07 | $0.02 | $-0.12 | $-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 | $0.43 | $0.42 | $0.48 | $0.54 |
| Low Forecast | $0.34 | $0.26 | $0.18 | $0.07 | $0.02 | $-0.12 | $-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 | $0.43 | $0.42 | $0.32 | $0.36 |
| Surprise % | - | - | - | - | - | - | - | - | 0.96% | 0.92% | 1.00% | 0.88% | 1.07% | 0.96% | - | 1.14% | 1.61% | 1.81% | 2.00% | 2.00% | 3.81% | 2.50% | -0.02% | 1.06% | 1.10% | 1.00% | 1.25% | 0.95% | 1.68% | 1.18% |
According to 0 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
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 -31.20% from its last price of $37.79. 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 -31.20% (from the last price of $37.79 to the average price target of $26), down by -31.20% based on the highest stock price target, and down by -31.20% 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 2024) are as follows: average revenue is $664M (high $664M, low $664M), average EBITDA is $100.22M (high $110.51M, low $89.92M), average net income is $24.83M (high $31.77M, low $17.89M), average SG&A $229.74M (high $245.53M, low $213.96M), and average EPS is $-0.536 (high $-0.536, low $-0.536). MMI's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $922.3M (high $922.3M, low $922.3M), average EBITDA is $83.81M (high $83.81M, low $83.81M), average net income is $33.25M (high $33.25M, low $33.25M), average SG&A $259.29M (high $259.29M, low $259.29M), and average EPS is $0.86 (high $0.86, low $0.86).
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 $91.09M by -150.22%. The company's net income was $-34.035M, missing the average estimation of $1.77M by -2018.67%. 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 $15.56M by -189.26%. Marcus & Millichap's net income was $-10.233M, missing the average estimation of $-10.829M by -5.50%. 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%