Meridian (MRBK) Stock Forecast, Price Target & Predictions
MRBK Stock Forecast
Meridian stock forecast is as follows: an average price target of $16.00 (represents a 15.52% upside from MRBK’s last price of $13.85) and a rating consensus of 'Hold', based on 1 wall street analysts offering a 1-year stock forecast.
MRBK Price Target
The average price target for Meridian (MRBK) is $16.00 based on 1-year price targets from 1 Wall Street analysts in the past 3 months, with a price target range of $17.00 to $15.00. This represents a potential 15.52% upside from MRBK's last price of $13.85.
MRBK Analyst Ratings
According to 1 Wall Street analysts, Meridian's rating consensus is 'Hold'. The analyst rating breakdown for MRBK stock is 0 'Strong Buy' (0.00%), 0 'Buy' (0.00%), 1 'Hold' (100.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
Meridian Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Oct 29, 2024 | Manuel Navas | D.A. Davidson | $17.00 | $13.64 | 24.63% | 22.74% |
| Oct 29, 2024 | Frank Schiraldi | Piper Sandler | $15.00 | $13.64 | 9.97% | 8.30% |
| Jul 30, 2024 | Frank Schiraldi | Piper Sandler | $13.00 | $11.58 | 12.26% | -6.14% |
The latest Meridian stock forecast, released on Oct 29, 2024 by Manuel Navas from D.A. Davidson, set a price target of $17.00, which represents a 24.63% increase from the stock price at the time of the forecast ($13.64), and a 22.74% increase from MRBK last price ($13.85).
Meridian Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | 2 | 2 | 3 |
| Avg Price Target | $16.00 | $16.00 | $15.00 |
| Last Closing Price | $13.85 | $13.85 | $13.85 |
| Upside/Downside | 15.52% | 15.52% | 8.30% |
In the current month, the average price target of Meridian stock is $16.00, according to 2 Wall Street analysts offering twelve months forecast. The average price target represents a 15.52% increase as opposed to Meridian's last price of $13.85. This month's average price target is down 0.00% compared to last quarter, and up 6.67% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Oct 29, 2024 | Piper Sandler | Neutral | Neutral | Hold |
| Jul 30, 2024 | Piper Sandler | Neutral | Neutral | Hold |
Meridian's last stock rating was published by Piper Sandler on Oct 29, 2024. The company gave MRBK a "Neutral" rating, the same as its previous rate.
Meridian Financial Forecast
Meridian 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 | - | - | - | - | - | - | - | - | - | - | - | - | $43.72M | $25.31M | $26.22M | $24.32M | $26.51M | $28.25M | $27.95M | $29.14M | $33.41M | $38.38M | $37.14M | $42.17M | $46.06M | $41.28M | $29.96M | $18.95M | $17.87M | $18.33M |
| Avg Forecast | $32.54M | $32.92M | $31.44M | $29.82M | $30.77M | $31.31M | $29.92M | $27.11M | $27.27M | $26.54M | $25.66M | $23.99M | $24.47M | $26.76M | $26.52M | $25.78M | $27.86M | $28.53M | $30.63M | $29.36M | $32.59M | $35.94M | $34.31M | $31.05M | $31.34M | $33.02M | $20.75M | $17.41M | $17.40M | $17.27M |
| High Forecast | $32.86M | $33.25M | $31.75M | $30.11M | $31.08M | $31.62M | $30.22M | $27.37M | $27.54M | $26.63M | $25.66M | $23.99M | $24.71M | $27.31M | $26.78M | $26.04M | $28.14M | $28.53M | $30.63M | $29.36M | $32.59M | $35.94M | $34.31M | $31.05M | $31.34M | $33.02M | $20.75M | $17.41M | $17.40M | $17.27M |
| Low Forecast | $32.22M | $32.60M | $31.13M | $29.53M | $30.47M | $31.00M | $29.63M | $26.84M | $27.00M | $26.45M | $25.66M | $23.99M | $24.23M | $26.39M | $26.26M | $25.53M | $27.59M | $28.53M | $30.63M | $29.36M | $32.59M | $35.94M | $34.31M | $31.05M | $31.34M | $33.02M | $20.75M | $17.41M | $17.40M | $17.27M |
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 16 | 8 | 11 | 7 | 11 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.79% | 0.95% | 0.99% | 0.94% | 0.95% | 0.99% | 0.91% | 0.99% | 1.03% | 1.07% | 1.08% | 1.36% | 1.47% | 1.25% | 1.44% | 1.09% | 1.03% | 1.06% |
Meridian's average Quarter revenue forecast for Mar 24 based on 1 analysts is $23.99M, with a low forecast of $23.99M, and a high forecast of $23.99M. MRBK's average Quarter revenue forecast represents a -45.11% decrease compared to the company's last Quarter revenue of $43.72M (Dec 23).
Meridian 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 | 3 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 16 | 8 | 11 | 7 | 11 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | $5.21M | $5.90M | $18.40M | $14.97M | $11.72M | $11.66M | $9.56M | $15.94M | $12.84M | $12.20M | $13.88M | $13.70M | $14.44M | $10.42M | $7.56M | $8.44M | $9.63M |
| Avg Forecast | $7.57M | $7.65M | $7.31M | $6.93M | $7.15M | $7.28M | $6.96M | $6.30M | $6.34M | $6.17M | $5.96M | $11.40M | $5.69M | $6.22M | $6.17M | $10.37M | $12.65M | $6.63M | $7.12M | $8.20M | $7.58M | $8.36M | $7.98M | $8.04M | $7.29M | $7.68M | $4.82M | $5.08M | $4.04M | $4.01M |
| High Forecast | $7.64M | $7.73M | $7.38M | $7.00M | $7.22M | $7.35M | $7.03M | $6.36M | $6.40M | $6.19M | $5.96M | $13.69M | $5.74M | $6.35M | $6.23M | $12.44M | $15.19M | $6.63M | $7.12M | $9.84M | $7.58M | $8.36M | $7.98M | $9.65M | $7.29M | $7.68M | $4.82M | $6.10M | $4.04M | $4.01M |
| Low Forecast | $7.49M | $7.58M | $7.24M | $6.86M | $7.08M | $7.21M | $6.89M | $6.24M | $6.28M | $6.15M | $5.96M | $9.12M | $5.63M | $6.14M | $6.11M | $8.29M | $10.12M | $6.63M | $7.12M | $6.56M | $7.58M | $8.36M | $7.98M | $6.44M | $7.29M | $7.68M | $4.82M | $4.07M | $4.04M | $4.01M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.84% | 0.96% | 1.77% | 1.18% | 1.77% | 1.64% | 1.17% | 2.10% | 1.54% | 1.53% | 1.73% | 1.88% | 1.88% | 2.16% | 1.49% | 2.09% | 2.40% |
1 analysts predict MRBK's average Quarter EBITDA for Dec 23 to be $5.69M, with a high of $5.74M and a low of $5.63M. This is 9.18% upper than Meridian's previous annual EBITDA (Sep 23) of $5.21M.
Meridian 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 | 3 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 16 | 8 | 11 | 7 | 11 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | $571.00K | $4.00M | $4.64M | $4.02M | $4.56M | $5.80M | $5.94M | $5.54M | $7.72M | $9.44M | $8.26M | $10.17M | $9.00M | $9.21M | $5.71M | $2.52M | $3.14M | $3.32M |
| Avg Forecast | $5.28M | $5.95M | $5.50M | $5.17M | $5.73M | $5.79M | $5.11M | $3.82M | $3.93M | $3.93M | $3.52M | $6.60M | $3.18M | $4.23M | $4.31M | $6.00M | $6.13M | $4.52M | $5.17M | $4.74M | $5.41M | $6.34M | $6.45M | $5.89M | $4.66M | $3.94M | $1.30M | $1.69M | $2.14M | $2.29M |
| High Forecast | $5.35M | $6.03M | $5.58M | $5.23M | $5.80M | $5.86M | $5.18M | $3.87M | $4.04M | $3.95M | $3.52M | $7.92M | $3.22M | $4.45M | $4.36M | $7.20M | $7.35M | $4.52M | $5.17M | $5.69M | $5.41M | $6.34M | $6.45M | $7.07M | $4.66M | $3.94M | $1.30M | $2.03M | $2.14M | $2.29M |
| Low Forecast | $5.21M | $5.88M | $5.43M | $5.10M | $5.66M | $5.71M | $5.05M | $3.77M | $3.82M | $3.92M | $3.52M | $5.28M | $3.14M | $3.90M | $4.25M | $4.80M | $4.90M | $4.52M | $5.17M | $3.80M | $5.41M | $6.34M | $6.45M | $4.71M | $4.66M | $3.94M | $1.30M | $1.35M | $2.14M | $2.29M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.18% | 0.95% | 1.08% | 0.67% | 0.74% | 1.28% | 1.15% | 1.17% | 1.43% | 1.49% | 1.28% | 1.73% | 1.93% | 2.34% | 4.39% | 1.49% | 1.47% | 1.45% |
Meridian's average Quarter net income forecast for Mar 24 is $6.60M, with a range of $5.28M to $7.92M. MRBK's average Quarter net income forecast represents a 1056.16% increase compared to the company's last Quarter net income of $571.00K (Dec 23).
Meridian 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 | 3 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 16 | 8 | 11 | 7 | 11 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | $13.27M | $13.24M | $11.92M | $13.79M | $14.53M | $14.12M | $16.28M | $19.31M | $21.57M | $22.12M | $23.96M | $27.57M | $22.08M | $17.83M | $11.29M | $10.91M | $10.72M |
| Avg Forecast | $16.43M | $16.63M | $15.88M | $15.06M | $15.54M | $15.81M | $15.11M | $13.69M | $13.77M | $13.40M | $12.96M | $20.84M | $12.36M | $13.51M | $13.39M | $18.95M | $15.33M | $14.41M | $15.47M | $14.98M | $16.45M | $18.15M | $17.32M | $13.89M | $15.82M | $16.68M | $10.48M | $7.59M | $8.78M | $8.72M |
| High Forecast | $16.59M | $16.79M | $16.03M | $15.21M | $15.69M | $15.97M | $15.26M | $13.82M | $13.91M | $13.45M | $12.96M | $25.01M | $12.48M | $13.79M | $13.52M | $22.73M | $18.40M | $14.41M | $15.47M | $17.97M | $16.45M | $18.15M | $17.32M | $16.66M | $15.82M | $16.68M | $10.48M | $9.11M | $8.78M | $8.72M |
| Low Forecast | $16.27M | $16.46M | $15.72M | $14.91M | $15.39M | $15.65M | $14.96M | $13.55M | $13.64M | $13.36M | $12.96M | $16.67M | $12.23M | $13.33M | $13.26M | $15.16M | $12.26M | $14.41M | $15.47M | $11.98M | $16.45M | $18.15M | $17.32M | $11.11M | $15.82M | $16.68M | $10.48M | $6.07M | $8.78M | $8.72M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.98% | 0.99% | 0.63% | 0.90% | 1.01% | 0.91% | 1.09% | 1.17% | 1.19% | 1.28% | 1.73% | 1.74% | 1.32% | 1.70% | 1.49% | 1.24% | 1.23% |
Meridian's average Quarter SG&A projection for Dec 23 is $12.36M, based on 1 Wall Street analysts, with a range of $12.23M to $12.48M. The forecast indicates a -6.88% fall compared to MRBK last annual SG&A of $13.27M (Sep 23).
Meridian 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 | 3 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 16 | 8 | 11 | 7 | 11 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | $0.05 | $0.36 | $0.42 | $0.36 | $0.40 | $0.50 | $0.50 | $0.46 | $1.29 | $1.56 | $1.37 | $1.70 | $1.50 | $1.51 | $0.94 | $0.39 | $0.49 | $0.52 |
| Avg Forecast | $0.47 | $0.53 | $0.49 | $0.46 | $0.51 | $0.52 | $0.46 | $0.34 | $0.35 | $0.35 | $0.31 | $0.24 | $0.28 | $0.38 | $0.38 | $0.32 | $0.45 | $0.41 | $0.46 | $0.39 | $0.48 | $0.57 | $0.58 | $0.56 | $0.42 | $0.35 | $0.12 | $0.12 | $0.19 | $0.20 |
| High Forecast | $0.48 | $0.54 | $0.50 | $0.47 | $0.52 | $0.52 | $0.46 | $0.34 | $0.36 | $0.35 | $0.31 | $0.24 | $0.29 | $0.40 | $0.39 | $0.33 | $0.46 | $0.41 | $0.46 | $0.39 | $0.48 | $0.57 | $0.58 | $0.56 | $0.42 | $0.35 | $0.12 | $0.12 | $0.19 | $0.20 |
| Low Forecast | $0.46 | $0.52 | $0.48 | $0.45 | $0.50 | $0.51 | $0.45 | $0.34 | $0.34 | $0.35 | $0.31 | $0.24 | $0.28 | $0.35 | $0.38 | $0.32 | $0.45 | $0.41 | $0.46 | $0.39 | $0.48 | $0.57 | $0.58 | $0.56 | $0.42 | $0.35 | $0.12 | $0.12 | $0.19 | $0.20 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.18% | 0.96% | 1.10% | 1.11% | 0.89% | 1.23% | 1.08% | 1.19% | 2.66% | 2.74% | 2.37% | 3.04% | 3.59% | 4.27% | 8.06% | 3.39% | 2.56% | 2.54% |
According to 1 Wall Street analysts, Meridian's projected average Quarter EPS for Mar 24 is $0.24, with a low estimate of $0.24 and a high estimate of $0.24. This represents a 377.12% increase compared to MRBK previous annual EPS of $0.05 (Dec 23).
MRBK Forecast FAQ
Is Meridian a good buy?
No, according to 1 Wall Street analysts, Meridian (MRBK) is considered a 'Hold'. The rating consensus is based on 0 'Strong Buy' and 0 'Buy' recommendations, accounting for 0% of MRBK's total ratings.
What is MRBK's price target?
Meridian (MRBK) average price target is $16 with a range of $15 to $17, implying a 15.52% from its last price of $13.85. The data is based on 1 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will Meridian stock go up soon?
According to Wall Street analysts' prediction for MRBK stock, the company can go up by 15.52% (from the last price of $13.85 to the average price target of $16), up by 22.74% based on the highest stock price target, and up by 8.30% based on the lowest stock price target.
Can Meridian stock reach $20?
MRBK's average twelve months analyst stock price target of $16 does not support the claim that Meridian can reach $20 in the near future.
What is Meridian's current price target trend?
2 Wall Street analysts forecast a $16 price target for Meridian (MRBK) this month, up 15.52% from its last price of $13.85. Compared to the last 3 and 12 months, the average price target increased by 15.52% and increased by 8.30%, respectively.
What are Meridian's analysts' financial forecasts?
Meridian's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $119.11M (high $120.29M, low $117.94M), average EBITDA is $27.69M (high $27.96M, low $27.42M), average net income is $20.45M (high $20.71M, low $20.18M), average SG&A $60.15M (high $60.74M, low $59.56M), and average EPS is $1.82 (high $1.84, low $1.8). MRBK's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $126.73M (high $127.98M, low $125.48M), average EBITDA is $29.46M (high $29.75M, low $29.17M), average net income is $21.91M (high $22.19M, low $21.63M), average SG&A $63.99M (high $64.62M, low $63.36M), and average EPS is $1.95 (high $1.97, low $1.93).
Did the MRBK's actual financial results beat the analysts' financial forecasts?
Based on Meridian's last annual report (Dec 2023), the company's revenue was $168.27M, beating the average analysts forecast of $103.53M by 62.53%. Apple's EBITDA was $0, missing the average prediction of $28.44M by -100.00%. The company's net income was $13.24M, missing the average estimation of $17.72M by -25.27%. Apple's SG&A was $8.04M, missing the average forecast of $58.21M by -86.18%. Lastly, the company's EPS was $1.16, missing the average prediction of $1.37 by -15.12%. In terms of the last quarterly report (Dec 2023), Meridian's revenue was $43.72M, beating the average analysts' forecast of $24.47M by 78.67%. The company's EBITDA was $0, missing the average prediction of $5.69M by -100.00%. Meridian's net income was $571K, missing the average estimation of $3.18M by -82.06%. The company's SG&A was $0, missing the average forecast of $12.36M by -100.00%. Lastly, the company's EPS was $0.051, missing the average prediction of $0.283 by -82.00%