Morphic (MORF) Stock Forecast, Price Target & Predictions
MORF Stock Forecast
Morphic stock forecast is as follows: an average price target of $57.00 (represents a 0.02% upside from MORF’s last price of $56.99) and a rating consensus of 'Hold', based on 6 wall street analysts offering a 1-year stock forecast.
MORF Price Target
MORF Analyst Ratings
Morphic Price Target by Analyst
Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
---|---|---|---|---|---|---|
Jul 22, 2024 | Alex Thompson | Stifel Nicolaus | $57.00 | $56.52 | 0.85% | 0.02% |
Jul 13, 2024 | Michael Yee | Jefferies | $57.00 | $55.78 | 2.19% | 0.02% |
Jul 08, 2024 | Edward Nash | Canaccord Genuity | $57.00 | $55.74 | 2.26% | 0.02% |
Mar 13, 2024 | Michael Yee | Jefferies | $60.00 | $34.60 | 73.41% | 5.28% |
Morphic Price Target by Period
1M | 3M | 12M | |
---|---|---|---|
# Anlaysts | - | - | 4 |
Avg Price Target | - | - | $57.75 |
Last Closing Price | $56.99 | $56.99 | $56.99 |
Upside/Downside | -100.00% | -100.00% | 1.33% |
Analyst Ratings Upgrades/Downgrades
Date | Company | Previous Rating | New Rating | Rating Change |
---|---|---|---|---|
Jul 13, 2024 | Jefferies | - | Hold | Downgrade |
Jul 09, 2024 | Cowen & Co. | - | Hold | Downgrade |
Jul 09, 2024 | RBC Capital | Outperform | Sector Perform | Downgrade |
Jul 08, 2024 | BMO Capital | - | Market Perform | Downgrade |
Sep 25, 2023 | Needham | - | Hold | Initialise |
Feb 25, 2022 | RBC Capital | Outperform | Outperform | Hold |
Mar 07, 2021 | Wells Fargo | Overweight | Overweight | Hold |
Morphic Financial Forecast
Morphic Revenue Forecast
Dec 24 | Sep 24 | Jun 24 | Mar 24 | 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 | Jun 19 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | - | - | - | - | - | - | $521.00K | $6.13M | $2.06M | $60.24M | $2.38M | $9.56M | $3.12M | $3.85M | $3.27M | $5.90M | $25.76M | $7.69M | $5.59M | $-334.00K | $5.67M | $5.57M |
Avg Forecast | $750.00K | $250.00K | - | $1.98M | $1.33M | $2.40M | $2.16M | $3.04M | $3.48M | $3.65M | $3.75M | $14.86M | $5.19M | $5.80M | $7.83M | $6.62M | $12.30M | $5.57M | $4.47M | $5.77M | $5.03M | $470.78K |
High Forecast | $750.00K | $250.00K | - | $2.38M | $1.33M | $2.40M | $2.16M | $3.04M | $3.48M | $3.65M | $3.75M | $14.86M | $5.19M | $5.80M | $7.83M | $6.62M | $12.30M | $5.57M | $4.47M | $5.77M | $5.03M | $564.94K |
Low Forecast | $750.00K | $250.00K | - | $1.58M | $1.33M | $2.40M | $2.16M | $3.04M | $3.48M | $3.65M | $3.75M | $14.86M | $5.19M | $5.80M | $7.83M | $6.62M | $12.30M | $5.57M | $4.47M | $5.77M | $5.03M | $376.62K |
# Analysts | 1 | 1 | - | 18 | 8 | 5 | 4 | 4 | 3 | 4 | 3 | 5 | 4 | 5 | 4 | 5 | 4 | 5 | 4 | 4 | 3 | 8 |
Surprise % | - | - | - | - | - | - | 0.24% | 2.02% | 0.59% | 16.48% | 0.63% | 0.64% | 0.60% | 0.66% | 0.42% | 0.89% | 2.09% | 1.38% | 1.25% | -0.06% | 1.13% | 11.83% |
Morphic EBITDA Forecast
Dec 24 | Sep 24 | Jun 24 | Mar 24 | 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 | Jun 19 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
# Analysts | 1 | 1 | - | 18 | 8 | 5 | 4 | 4 | 3 | 4 | 3 | 5 | 4 | 5 | 4 | 5 | 4 | 5 | 4 | 4 | 3 | 8 |
EBITDA | - | - | - | - | $-44.75M | - | $-39.20M | $-26.34M | $-31.24M | $26.60M | $-31.41M | $-20.42M | $-24.72M | $-27.53M | $-21.00M | $-17.51M | $5.75M | $-15.32M | $-15.73M | $-18.15M | $-8.35M | $-9.10M |
Avg Forecast | $-734.30K | $-244.77K | - | $-25.79M | $-1.31M | $-2.35M | $-27.58M | $-15.59M | $-3.41M | $-3.58M | $-29.50M | $-14.55M | $-5.08M | $-5.68M | $-17.95M | $-6.48M | $-12.04M | $-5.46M | $-13.44M | $-5.65M | $-4.92M | $-80.46M |
High Forecast | $-734.30K | $-244.77K | - | $-20.63M | $-1.31M | $-2.35M | $-22.07M | $-12.47M | $-3.41M | $-3.58M | $-23.60M | $-14.55M | $-5.08M | $-5.68M | $-14.36M | $-6.48M | $-12.04M | $-5.46M | $-10.75M | $-5.65M | $-4.92M | $-64.37M |
Low Forecast | $-734.30K | $-244.77K | - | $-30.95M | $-1.31M | $-2.35M | $-33.10M | $-18.71M | $-3.41M | $-3.58M | $-35.40M | $-14.55M | $-5.08M | $-5.68M | $-21.53M | $-6.48M | $-12.04M | $-5.46M | $-16.13M | $-5.65M | $-4.92M | $-96.55M |
Surprise % | - | - | - | - | 34.28% | - | 1.42% | 1.69% | 9.16% | -7.43% | 1.06% | 1.40% | 4.86% | 4.85% | 1.17% | 2.70% | -0.48% | 2.81% | 1.17% | 3.21% | 1.70% | 0.11% |
Morphic Net Income Forecast
Dec 24 | Sep 24 | Jun 24 | Mar 24 | 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 | Jun 19 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
# Analysts | 1 | 1 | - | 18 | 8 | 5 | 4 | 4 | 3 | 4 | 3 | 5 | 4 | 5 | 4 | 5 | 4 | 5 | 4 | 4 | 3 | 8 |
Net Income | - | - | - | - | $-36.21M | - | $-36.13M | $-24.38M | $-30.02M | $26.84M | $-31.30M | $-21.97M | $-25.04M | $-27.82M | $-21.28M | $-17.75M | $5.35M | $-15.86M | $-16.75M | $-19.83M | $-8.86M | $-9.43M |
Avg Forecast | $-50.60M | $-46.92M | $-50.10M | $-26.16M | $-47.77M | $-43.69M | $-27.98M | $-16.34M | $-41.58M | $-42.27M | $-29.93M | $-24.63M | $-36.37M | $-27.35M | $-18.19M | $-25.05M | $-21.44M | $-28.05M | $-14.30M | $-20.16M | $-19.91M | $-83.41M |
High Forecast | $-50.60M | $-40.34M | $-50.10M | $-20.93M | $-41.24M | $-43.69M | $-22.39M | $-13.07M | $-41.58M | $-42.27M | $-23.94M | $-24.63M | $-36.37M | $-27.35M | $-14.55M | $-25.05M | $-21.44M | $-28.05M | $-11.44M | $-20.16M | $-19.91M | $-66.73M |
Low Forecast | $-50.60M | $-52.62M | $-50.10M | $-31.40M | $-58.34M | $-43.69M | $-33.58M | $-19.60M | $-41.58M | $-42.27M | $-35.92M | $-24.63M | $-36.37M | $-27.35M | $-21.83M | $-25.05M | $-21.44M | $-28.05M | $-17.16M | $-20.16M | $-19.91M | $-100.09M |
Surprise % | - | - | - | - | 0.76% | - | 1.29% | 1.49% | 0.72% | -0.64% | 1.05% | 0.89% | 0.69% | 1.02% | 1.17% | 0.71% | -0.25% | 0.57% | 1.17% | 0.98% | 0.45% | 0.11% |
Morphic SG&A Forecast
Dec 24 | Sep 24 | Jun 24 | Mar 24 | 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 | Jun 19 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
# Analysts | 1 | 1 | - | 18 | 8 | 5 | 4 | 4 | 3 | 4 | 3 | 5 | 4 | 5 | 4 | 5 | 4 | 5 | 4 | 4 | 3 | 8 |
SG&A | - | - | - | - | $10.38M | - | $9.28M | $8.01M | $8.30M | $8.23M | $7.59M | $7.44M | $7.28M | $7.14M | $5.95M | $5.13M | $4.75M | $4.20M | $4.42M | $3.43M | $2.90M | $2.08M |
Avg Forecast | $11.61M | $3.87M | - | $30.64M | $20.64M | $37.21M | $33.41M | $47.06M | $53.92M | $56.56M | $58.10M | $230.00M | $80.34M | $89.78M | $5.09M | $102.46M | $190.38M | $86.27M | $3.78M | $89.26M | $77.78M | $7.29M |
High Forecast | $11.61M | $3.87M | - | $36.77M | $20.64M | $37.21M | $33.41M | $47.06M | $53.92M | $56.56M | $58.10M | $230.00M | $80.34M | $89.78M | $6.10M | $102.46M | $190.38M | $86.27M | $4.53M | $89.26M | $77.78M | $8.74M |
Low Forecast | $11.61M | $3.87M | - | $24.51M | $20.63M | $37.21M | $33.41M | $47.06M | $53.92M | $56.56M | $58.10M | $230.00M | $80.34M | $89.78M | $4.07M | $102.46M | $190.38M | $86.27M | $3.02M | $89.26M | $77.78M | $5.83M |
Surprise % | - | - | - | - | 0.50% | - | 0.28% | 0.17% | 0.15% | 0.15% | 0.13% | 0.03% | 0.09% | 0.08% | 1.17% | 0.05% | 0.02% | 0.05% | 1.17% | 0.04% | 0.04% | 0.29% |
Morphic EPS Forecast
Dec 24 | Sep 24 | Jun 24 | Mar 24 | 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 | Jun 19 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
# Analysts | 1 | 1 | - | 18 | 8 | 5 | 4 | 4 | 3 | 4 | 3 | 5 | 4 | 5 | 4 | 5 | 4 | 5 | 4 | 4 | 3 | 8 |
EPS | - | - | - | - | $-0.74 | - | $-0.90 | $-0.64 | $-0.78 | $0.70 | $-0.84 | $-0.60 | $-0.69 | $-0.77 | $-0.63 | $-0.58 | $0.18 | $-0.52 | $-0.55 | $-0.66 | $-0.30 | $-4.73 |
Avg Forecast | $-1.01 | $-0.94 | $-1.00 | $-0.94 | $-0.95 | $-0.87 | $-0.81 | $-0.87 | $-0.83 | $-0.84 | $-0.81 | $-0.49 | $-0.73 | $-0.55 | $-0.55 | $-0.50 | $-0.43 | $-0.56 | $-0.48 | $-0.40 | $-0.40 | $-3.54 |
High Forecast | $-1.01 | $-0.81 | $-1.00 | $-0.94 | $-0.82 | $-0.87 | $-0.81 | $-0.87 | $-0.83 | $-0.84 | $-0.81 | $-0.49 | $-0.73 | $-0.55 | $-0.55 | $-0.50 | $-0.43 | $-0.56 | $-0.48 | $-0.40 | $-0.40 | $-2.83 |
Low Forecast | $-1.01 | $-1.05 | $-1.00 | $-0.94 | $-1.16 | $-0.87 | $-0.81 | $-0.87 | $-0.83 | $-0.84 | $-0.81 | $-0.49 | $-0.73 | $-0.55 | $-0.55 | $-0.50 | $-0.43 | $-0.56 | $-0.48 | $-0.40 | $-0.40 | $-4.24 |
Surprise % | - | - | - | - | 0.78% | - | 1.11% | 0.73% | 0.94% | -0.83% | 1.04% | 1.22% | 0.95% | 1.41% | 1.15% | 1.16% | -0.42% | 0.93% | 1.15% | 1.63% | 0.75% | 1.34% |
Morphic Peer Comparison by Price Target
Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
---|---|---|---|---|---|
VTYX | Ventyx Biosciences | $2.15 | $33.86 | 1474.88% | Buy |
INZY | Inozyme Pharma | $4.42 | $14.67 | 231.90% | Buy |
PLRX | Pliant Therapeutics | $14.49 | $39.71 | 174.05% | Buy |
ETNB | 89bio | $9.29 | $22.00 | 136.81% | Buy |
STOK | Stoke Therapeutics | $13.10 | $30.60 | 133.59% | Buy |
IMCR | Immunocore | $31.17 | $70.75 | 126.98% | Buy |
TERN | Terns Pharmaceuticals | $7.10 | $14.25 | 100.70% | Buy |
VKTX | Viking Therapeutics | $63.14 | $100.50 | 59.17% | Buy |
AKRO | Akero Therapeutics | $32.05 | $46.00 | 43.53% | Buy |
DICE | DICE Therapeutics | $47.55 | $60.00 | 26.18% | Buy |
RNA | Avidity Biosciences | $44.82 | $54.50 | 21.60% | Buy |
PCVX | Vaxcyte | $106.49 | $124.14 | 16.57% | Buy |
PTGX | Protagonist Therapeutics | $46.76 | $50.00 | 6.93% | Buy |
RVMD | Revolution Medicines, Inc. Warrant | $55.87 | $58.57 | 4.83% | Buy |
MORF | Morphic | $56.99 | $57.00 | 0.02% | Hold |
MDGL | Madrigal Pharmaceuticals | $331.32 | $315.75 | -4.70% | Buy |
ACLX | Arcellx | $86.44 | $71.57 | -17.20% | Buy |
MORF Forecast FAQ
Is Morphic a good buy?
No, according to 6 Wall Street analysts, Morphic (MORF) is considered a 'Hold'. The rating consensus is based on 0 'Strong Buy' and 1 'Buy' recommendations, accounting for 16.67% of MORF's total ratings.
What is MORF's price target?
Morphic (MORF) average price target is $57 with a range of $57 to $57, implying a 0.02% from its last price of $56.99. The data is based on 6 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will Morphic stock go up soon?
According to Wall Street analysts' prediction for MORF stock, the company can go up by 0.02% (from the last price of $56.99 to the average price target of $57), up by 0.02% based on the highest stock price target, and up by 0.02% based on the lowest stock price target.
Can Morphic stock reach $90?
MORF's average twelve months analyst stock price target of $57 does not support the claim that Morphic can reach $90 in the near future.
What are Morphic's analysts' financial forecasts?
MORF's analysts financial forecasts for the fiscal year (Dec 2024) are as follows: average revenue is $2.98M (high $3.38M, low $2.58M), average EBITDA is $-26.77M (high $-21.612M, low $-31.928M), average net income is $-174M (high $-162M, low $-185M), average SG&A $46.12M (high $52.25M, low $39.99M), and average EPS is $-3.888 (high $-3.756, low $-4.001).
Did the MORF's actual financial results beat the analysts' financial forecasts?
Based on Morphic's last annual report (Dec 2022), the company's revenue was $70.81M, beating the average analysts forecast of $13.93M by 408.23%. Apple's EBITDA was $-63.396M, beating the average prediction of $-52.079M by 21.73%. The company's net income was $-59.041M, missing the average estimation of $-130M by -54.62%. Apple's SG&A was $32.14M, missing the average forecast of $215.64M by -85.09%. Lastly, the company's EPS was $-1.55, missing the average prediction of $-3.358 by -53.83%. In terms of the last quarterly report (Mar 2023), Morphic's revenue was $521K, missing the average analysts' forecast of $2.16M by -75.87%. The company's EBITDA was $-39.205M, beating the average prediction of $-27.584M by 42.13%. Morphic's net income was $-36.135M, beating the average estimation of $-27.984M by 29.13%. The company's SG&A was $9.28M, missing the average forecast of $33.41M by -72.24%. Lastly, the company's EPS was $-0.9, beating the average prediction of $-0.81 by 11.11%