Montauk Renewables (MNTK) Stock Forecast, Price Target & Predictions
MNTK Stock Forecast
Montauk Renewables stock forecast is as follows: an average price target of $6.25 (represents a 52.07% upside from MNTK’s last price of $4.11) and a rating consensus of 'Hold', based on 3 wall street analysts offering a 1-year stock forecast.
MNTK Price Target
The average price target for Montauk Renewables (MNTK) is $6.25 based on 1-year price targets from 3 Wall Street analysts in the past 3 months, with a price target range of $6.25 to $6.25. This represents a potential 52.07% upside from MNTK's last price of $4.11.
MNTK Analyst Ratings
According to 3 Wall Street analysts, Montauk Renewables's rating consensus is 'Hold'. The analyst rating breakdown for MNTK stock is 0 'Strong Buy' (0.00%), 1 'Buy' (33.33%), 2 'Hold' (66.67%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
Montauk Renewables Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Jul 02, 2024 | Manav Gupta | UBS | $6.25 | $5.36 | 16.60% | 52.07% |
| May 20, 2024 | Manav Gupta | UBS | $5.25 | $4.87 | 7.91% | 27.74% |
| Dec 14, 2022 | - | UBS | $9.00 | $12.01 | -25.06% | 118.98% |
The latest Montauk Renewables stock forecast, released on Jul 02, 2024 by Manav Gupta from UBS, set a price target of $6.25, which represents a 16.60% increase from the stock price at the time of the forecast ($5.36), and a 52.07% increase from MNTK last price ($4.11).
Montauk Renewables Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | - | 2 |
| Avg Price Target | - | - | $5.75 |
| Last Closing Price | $4.11 | $4.11 | $4.11 |
| Upside/Downside | -100.00% | -100.00% | 39.90% |
In the current month, the average price target of Montauk Renewables stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Montauk Renewables's last price of $4.11. 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 |
|---|---|---|---|---|
| Sep 03, 2024 | Scotiabank | Sector Outperform | Sector Perform | Downgrade |
| Jul 02, 2024 | UBS | Neutral | Neutral | Hold |
| May 20, 2024 | UBS | Neutral | Neutral | Hold |
| Nov 13, 2023 | Tudor Pickering | Hold | Buy | Upgrade |
| Nov 13, 2023 | Scotiabank | - | Sector Outperform | Upgrade |
| May 12, 2023 | Tudor Pickering | - | Hold | Upgrade |
| Apr 13, 2023 | UBS | Sell | Neutral | Upgrade |
| Dec 14, 2022 | UBS | - | Sell | Initialise |
Montauk Renewables's last stock rating was published by Scotiabank on Sep 03, 2024. The company Downgrade its MNTK rating from "Sector Outperform" to "Sector Perform".
Montauk Renewables Financial Forecast
Montauk Renewables 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | $55.69M | - | $19.15M | $49.64M | $55.86M | $67.88M | $32.17M | $5.28M | $39.75M | $31.67M | $31.45M |
| Avg Forecast | $69.48M | $69.48M | $68.44M | $68.05M | $70.43M | $70.48M | $61.94M | $55.93M | $64.78M | $61.79M | $46.97M | $44.92M | $56.87M | $59.35M | $46.45M | $39.90M | $57.32M | $59.80M | $50.70M | $39.70M | $34.80M | $31.80M | $30.50M | $31.40M |
| High Forecast | $69.48M | $69.48M | $68.44M | $68.05M | $70.43M | $70.48M | $61.94M | $55.93M | $64.78M | $61.79M | $46.97M | $44.92M | $56.87M | $60.06M | $46.45M | $39.90M | $57.32M | $59.80M | $50.70M | $39.70M | $34.80M | $31.80M | $30.50M | $31.40M |
| Low Forecast | $69.48M | $69.48M | $68.44M | $68.05M | $70.43M | $70.48M | $61.94M | $55.93M | $64.78M | $61.79M | $46.97M | $44.92M | $56.87M | $58.64M | $46.45M | $39.90M | $57.32M | $59.80M | $50.70M | $39.70M | $34.80M | $31.80M | $30.50M | $31.40M |
| # 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 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.94% | - | 0.48% | 0.87% | 0.93% | 1.34% | 0.81% | 0.15% | 1.25% | 1.04% | 1.00% |
Montauk Renewables's average Quarter revenue forecast for Dec 23 based on 1 analysts is $56.87M, with a low forecast of $56.87M, and a high forecast of $56.87M. MNTK's average Quarter revenue forecast represents a 2.12% increase compared to the company's last Quarter revenue of $55.69M (Sep 23).
Montauk Renewables 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # 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 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | $22.38M | - | $-8.44M | $16.48M | $21.20M | $29.20M | $3.28M | $-3.00M | $11.78M | $5.11M | $-5.87M |
| Avg Forecast | $18.37M | $18.37M | $18.09M | $17.99M | $18.62M | $18.63M | $16.37M | $14.79M | $17.13M | $16.34M | $12.42M | $11.88M | $15.03M | $15.69M | $12.28M | $10.55M | $15.15M | $15.81M | $13.40M | $7.24M | $9.20M | $8.41M | $16.10M | $8.30M |
| High Forecast | $18.37M | $18.37M | $18.09M | $17.99M | $18.62M | $18.63M | $16.37M | $14.79M | $17.13M | $16.34M | $12.42M | $11.88M | $15.03M | $15.88M | $12.28M | $10.55M | $15.15M | $15.81M | $13.40M | $8.69M | $9.20M | $8.41M | $19.32M | $8.30M |
| Low Forecast | $18.37M | $18.37M | $18.09M | $17.99M | $18.62M | $18.63M | $16.37M | $14.79M | $17.13M | $16.34M | $12.42M | $11.88M | $15.03M | $15.50M | $12.28M | $10.55M | $15.15M | $15.81M | $13.40M | $5.79M | $9.20M | $8.41M | $12.88M | $8.30M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.43% | - | -0.80% | 1.09% | 1.34% | 2.18% | 0.45% | -0.33% | 1.40% | 0.32% | -0.71% |
1 analysts predict MNTK's average Quarter EBITDA for Dec 23 to be $15.03M, with a high of $15.03M and a low of $15.03M. This is -32.83% lower than Montauk Renewables's previous annual EBITDA (Sep 23) of $22.38M.
Montauk Renewables 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # 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 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | - | $12.93M | - | $-3.79M | $5.97M | $11.19M | $19.15M | $-1.11M | $-8.77M | $8.90M | $-4.65M | $-14.27M |
| Avg Forecast | $15.35M | $18.62M | $15.38M | $6.32M | $13.29M | $13.84M | $8.94M | $5.00M | $14.39M | $12.83M | $9.48M | $414.84K | $9.61M | $14.15M | $4.48M | $36.80K | $12.27M | $18.68M | $18.92M | $-2.12M | $7.32M | $1.42M | $-14.65M | $-1.42M |
| High Forecast | $15.35M | $18.62M | $15.38M | $6.32M | $13.29M | $13.84M | $8.94M | $5.00M | $14.39M | $12.83M | $9.50M | $420.53K | $9.61M | $14.41M | $4.48M | $36.80K | $12.27M | $18.68M | $18.92M | $-1.69M | $7.32M | $1.42M | $-11.72M | $-1.42M |
| Low Forecast | $15.35M | $18.62M | $15.38M | $6.32M | $13.29M | $13.84M | $8.94M | $5.00M | $14.39M | $12.83M | $9.46M | $409.16K | $9.61M | $13.90M | $4.48M | $36.80K | $12.27M | $18.68M | $18.92M | $-2.54M | $7.32M | $1.42M | $-17.58M | $-1.42M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.91% | - | -102.95% | 0.49% | 0.60% | 1.01% | 0.53% | -1.20% | 6.26% | 0.32% | 10.04% |
Montauk Renewables's average Quarter net income forecast for Dec 23 is $9.61M, with a range of $9.61M to $9.61M. MNTK's average Quarter net income forecast represents a -25.73% decrease compared to the company's last Quarter net income of $12.93M (Sep 23).
Montauk Renewables 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # 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 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | $7.85M | - | $9.47M | $8.42M | $8.47M | $8.75M | $8.49M | $27.69M | $7.52M | $7.34M | $20.45M |
| Avg Forecast | $15.86M | $15.86M | $15.63M | $15.54M | $16.08M | $16.09M | $14.14M | $12.77M | $14.79M | $14.11M | $10.73M | $10.26M | $12.98M | $13.55M | $10.61M | $9.11M | $13.09M | $13.65M | $11.58M | $16.14M | $7.95M | $7.26M | $23.12M | $7.17M |
| High Forecast | $15.86M | $15.86M | $15.63M | $15.54M | $16.08M | $16.09M | $14.14M | $12.77M | $14.79M | $14.11M | $10.73M | $10.26M | $12.98M | $13.71M | $10.61M | $9.11M | $13.09M | $13.65M | $11.58M | $19.37M | $7.95M | $7.26M | $27.75M | $7.17M |
| Low Forecast | $15.86M | $15.86M | $15.63M | $15.54M | $16.08M | $16.09M | $14.14M | $12.77M | $14.79M | $14.11M | $10.73M | $10.26M | $12.98M | $13.39M | $10.61M | $9.11M | $13.09M | $13.65M | $11.58M | $12.91M | $7.95M | $7.26M | $18.50M | $7.17M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.58% | - | 1.04% | 0.64% | 0.62% | 0.76% | 0.53% | 3.49% | 1.04% | 0.32% | 2.85% |
Montauk Renewables's average Quarter SG&A projection for Dec 23 is $12.98M, based on 1 Wall Street analysts, with a range of $12.98M to $12.98M. The forecast indicates a 65.45% rise compared to MNTK last annual SG&A of $7.85M (Sep 23).
Montauk Renewables 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # 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 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | $0.09 | - | $-0.03 | $0.04 | $0.08 | $0.14 | $-0.01 | $-0.06 | $0.06 | $-0.03 | $-0.10 |
| Avg Forecast | $0.11 | $0.13 | $0.11 | $0.04 | $0.09 | $0.10 | $0.06 | $0.04 | $0.10 | $0.09 | $0.07 | - | $0.07 | $0.10 | $0.03 | - | $0.09 | $0.13 | $0.13 | $0.07 | $0.05 | $0.01 | $0.02 | $-0.01 |
| High Forecast | $0.11 | $0.13 | $0.11 | $0.04 | $0.09 | $0.10 | $0.06 | $0.04 | $0.10 | $0.09 | $0.07 | - | $0.07 | $0.10 | $0.03 | - | $0.09 | $0.13 | $0.13 | $0.07 | $0.05 | $0.01 | $0.02 | $-0.01 |
| Low Forecast | $0.11 | $0.13 | $0.11 | $0.04 | $0.09 | $0.10 | $0.06 | $0.04 | $0.10 | $0.09 | $0.07 | - | $0.07 | $0.10 | $0.03 | - | $0.09 | $0.13 | $0.13 | $0.07 | $0.05 | $0.01 | $0.02 | $-0.01 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.92% | - | -103.09% | 0.49% | 0.61% | 1.05% | -0.11% | -1.21% | 6.00% | -1.65% | 10.00% |
According to 1 Wall Street analysts, Montauk Renewables's projected average Quarter EPS for Dec 23 is $0.07, with a low estimate of $0.07 and a high estimate of $0.07. This represents a -25.94% decrease compared to MNTK previous annual EPS of $0.09 (Sep 23).
Montauk Renewables Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| MNTK | Montauk Renewables | $4.11 | $6.25 | 52.07% | Hold |
| CIG | Companhia Energética de Minas Gerais | $1.96 | $2.10 | 7.14% | Buy |
| OTTR | Otter Tail | $80.31 | $81.00 | 0.86% | Hold |
| AVA | Avista | $37.47 | $37.75 | 0.75% | Buy |
| NWE | NorthWestern | $55.27 | $51.20 | -7.36% | Buy |
| BKH | Black Hills | $63.16 | $57.00 | -9.75% | Hold |
| UTL | Unitil | $58.93 | $53.00 | -10.06% | Buy |
| ALE | ALLETE | $64.72 | $58.00 | -10.38% | Buy |