Meridian (MRBK) Stock Forecast, Price Target & Predictions
MRBK Stock Forecast
Meridian stock forecast is as follows: an average price target of $13.00 (represents a 13.84% upside from MRBK’s last price of $11.42) and a rating consensus of 'Hold', based on 1 wall street analysts offering a 1-year stock forecast.
MRBK Price Target
MRBK Analyst Ratings
Meridian Price Target by Analyst
Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
---|---|---|---|---|---|---|
Jul 30, 2024 | Frank Schiraldi | Piper Sandler | $13.00 | $11.58 | 12.26% | 13.84% |
Meridian Price Target by Period
1M | 3M | 12M | |
---|---|---|---|
# Anlaysts | - | 1 | 1 |
Avg Price Target | - | $13.00 | $13.00 |
Last Closing Price | $11.42 | $11.42 | $11.42 |
Upside/Downside | -100.00% | 13.84% | 13.84% |
Analyst Ratings Upgrades/Downgrades
Date | Company | Previous Rating | New Rating | Rating Change |
---|---|---|---|---|
Jul 30, 2024 | Piper Sandler | Neutral | Neutral | Hold |
Meridian Financial Forecast
Meridian 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 | - | - | - | - | - | - | - | - | $43.72M | $25.31M | $26.22M | $24.32M | $26.51M | $28.25M | - | $29.14M | $33.41M | $38.38M | $37.14M | $42.17M | $46.06M | $41.28M | $29.96M | $18.95M | $17.87M | $18.33M | $16.18M | $14.46M | $15.22M | $16.78M |
Avg Forecast | $30.00M | $30.62M | $29.02M | $26.01M | $26.19M | $26.64M | $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 | $16.26M | $15.20M | $16.00M | $16.23M |
High Forecast | $30.09M | $30.71M | $29.11M | $26.09M | $26.26M | $26.72M | $25.73M | $24.07M | $24.54M | $27.31M | $26.60M | $25.86M | $27.95M | $28.61M | $30.63M | $29.67M | $32.93M | $36.32M | $34.66M | $31.37M | $31.67M | $33.37M | $20.96M | $17.59M | $17.58M | $17.45M | $16.43M | $15.36M | $19.21M | $19.48M |
Low Forecast | $29.91M | $30.53M | $28.93M | $25.93M | $26.11M | $26.56M | $25.58M | $23.92M | $24.39M | $26.39M | $26.44M | $25.71M | $27.78M | $28.44M | $30.63M | $29.15M | $32.35M | $35.68M | $34.06M | $30.82M | $31.11M | $32.78M | $20.60M | $17.28M | $17.27M | $17.14M | $16.14M | $15.09M | $12.80M | $12.99M |
# Analysts | - | - | - | - | - | 1 | - | - | 1 | 3 | 1 | 1 | 1 | 1 | - | - | 2 | 2 | 2 | 6 | 10 | 10 | 10 | 10 | 5 | 5 | 5 | 5 | 12 | 10 |
Surprise % | - | - | - | - | - | - | - | - | 1.79% | 0.95% | 0.99% | 0.94% | 0.95% | 0.99% | - | 0.99% | 1.03% | 1.07% | 1.08% | 1.36% | 1.47% | 1.25% | 1.44% | 1.09% | 1.03% | 1.06% | 1.00% | 0.95% | 0.95% | 1.03% |
Meridian 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 | 3 | 1 | 1 | 1 | 1 | - | - | 2 | 2 | 2 | 6 | 10 | 10 | 10 | 10 | 5 | 5 | 5 | 5 | 12 | 10 |
EBITDA | - | - | - | - | - | - | - | - | - | $5.21M | $5.90M | $18.40M | $14.97M | $11.72M | - | $9.56M | $15.94M | $12.84M | $12.20M | $13.88M | $13.70M | $14.44M | $10.42M | $7.56M | $8.44M | $9.63M | $6.92M | $6.73M | $6.81M | $7.14M |
Avg Forecast | $6.98M | $7.12M | $6.75M | $6.05M | $6.09M | $6.19M | $5.96M | $11.40M | $5.69M | $6.22M | $6.17M | $10.37M | $6.48M | $9.41M | $7.12M | $8.20M | $11.50M | $8.56M | $10.41M | $8.04M | $11.90M | $8.42M | $19.57M | $5.08M | $5.39M | $7.05M | $7.53M | $4.37M | $7.16M | $4.61M |
High Forecast | $7.00M | $7.14M | $6.77M | $6.07M | $6.11M | $6.21M | $5.98M | $13.69M | $5.71M | $6.35M | $6.18M | $12.44M | $6.50M | $11.30M | $7.12M | $9.84M | $13.81M | $10.27M | $12.50M | $9.65M | $14.29M | $10.11M | $23.49M | $6.10M | $6.47M | $8.46M | $9.04M | $5.25M | $8.59M | $5.53M |
Low Forecast | $6.95M | $7.10M | $6.73M | $6.03M | $6.07M | $6.17M | $5.95M | $9.12M | $5.67M | $6.14M | $6.15M | $8.29M | $6.46M | $7.53M | $7.12M | $6.56M | $9.20M | $6.85M | $8.33M | $6.44M | $9.52M | $6.74M | $15.66M | $4.07M | $4.31M | $5.64M | $6.03M | $3.50M | $5.73M | $3.69M |
Surprise % | - | - | - | - | - | - | - | - | - | 0.84% | 0.96% | 1.77% | 2.31% | 1.24% | - | 1.17% | 1.39% | 1.50% | 1.17% | 1.73% | 1.15% | 1.71% | 0.53% | 1.49% | 1.57% | 1.37% | 0.92% | 1.54% | 0.95% | 1.55% |
Meridian 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 | 3 | 1 | 1 | 1 | 1 | - | - | 2 | 2 | 2 | 6 | 10 | 10 | 10 | 10 | 5 | 5 | 5 | 5 | 12 | 10 |
Net Income | - | - | - | - | - | - | - | - | $571.00K | $4.00M | $4.64M | $4.02M | $4.56M | $5.80M | - | $5.54M | $7.72M | $9.44M | $8.26M | $10.17M | $9.00M | $9.21M | $5.71M | $2.52M | $3.14M | $3.32M | $2.02M | $2.01M | $2.36M | $2.73M |
Avg Forecast | $5.41M | $5.58M | $4.85M | $3.79M | $3.85M | $4.01M | $3.49M | $6.60M | $3.16M | $4.20M | $4.27M | $6.00M | $5.04M | $6.92M | $5.19M | $4.74M | $5.57M | $6.29M | $7.05M | $5.89M | $7.82M | $5.37M | $10.73M | $1.69M | $2.00M | $2.43M | $2.20M | $1.30M | $2.49M | $1.76M |
High Forecast | $5.43M | $5.60M | $4.87M | $3.81M | $3.86M | $4.24M | $3.51M | $7.92M | $3.17M | $4.42M | $4.29M | $7.20M | $5.06M | $8.31M | $5.19M | $5.69M | $6.68M | $7.55M | $8.46M | $7.07M | $9.38M | $6.45M | $12.88M | $2.03M | $2.40M | $2.91M | $2.64M | $1.56M | $2.98M | $2.11M |
Low Forecast | $5.39M | $5.55M | $4.83M | $3.78M | $3.83M | $3.79M | $3.48M | $5.28M | $3.15M | $3.87M | $4.26M | $4.80M | $5.02M | $5.54M | $5.19M | $3.80M | $4.46M | $5.03M | $5.64M | $4.71M | $6.25M | $4.30M | $8.58M | $1.35M | $1.60M | $1.94M | $1.76M | $1.04M | $1.99M | $1.41M |
Surprise % | - | - | - | - | - | - | - | - | 0.18% | 0.95% | 1.09% | 0.67% | 0.90% | 0.84% | - | 1.17% | 1.39% | 1.50% | 1.17% | 1.73% | 1.15% | 1.71% | 0.53% | 1.49% | 1.57% | 1.37% | 0.92% | 1.54% | 0.95% | 1.55% |
Meridian 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 | 3 | 1 | 1 | 1 | 1 | - | - | 2 | 2 | 2 | 6 | 10 | 10 | 10 | 10 | 5 | 5 | 5 | 5 | 12 | 10 |
SG&A | - | - | - | - | - | - | - | - | - | $13.27M | $13.24M | $11.92M | $13.79M | $14.53M | - | $16.28M | $19.31M | $21.57M | $22.12M | $23.96M | $27.57M | $22.08M | $17.83M | $11.29M | $10.91M | $10.72M | $10.28M | $8.97M | $10.60M | $10.00M |
Avg Forecast | $15.15M | $15.46M | $14.65M | $13.13M | $13.22M | $13.45M | $12.96M | $20.84M | $12.36M | $13.51M | $13.39M | $18.95M | $14.07M | $15.82M | $15.47M | $14.98M | $13.94M | $14.38M | $18.88M | $13.89M | $23.95M | $12.88M | $10.48M | $7.59M | $6.97M | $7.85M | $11.18M | $5.83M | $11.14M | $6.45M |
High Forecast | $15.20M | $15.51M | $14.70M | $13.17M | $13.26M | $13.49M | $12.99M | $25.01M | $12.39M | $13.79M | $13.43M | $22.73M | $14.11M | $18.98M | $15.47M | $17.97M | $16.72M | $17.25M | $22.65M | $16.66M | $28.74M | $15.46M | $10.59M | $9.11M | $8.37M | $9.42M | $13.42M | $7.00M | $13.37M | $7.75M |
Low Forecast | $15.11M | $15.41M | $14.61M | $13.10M | $13.18M | $13.41M | $12.92M | $16.67M | $12.32M | $13.33M | $13.35M | $15.16M | $14.03M | $12.65M | $15.47M | $11.98M | $11.15M | $11.50M | $15.10M | $11.11M | $19.16M | $10.31M | $10.40M | $6.07M | $5.58M | $6.28M | $8.95M | $4.67M | $8.91M | $5.16M |
Surprise % | - | - | - | - | - | - | - | - | - | 0.98% | 0.99% | 0.63% | 0.98% | 0.92% | - | 1.09% | 1.39% | 1.50% | 1.17% | 1.73% | 1.15% | 1.71% | 1.70% | 1.49% | 1.57% | 1.37% | 0.92% | 1.54% | 0.95% | 1.55% |
Meridian 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 | 3 | 1 | 1 | 1 | 1 | - | - | 2 | 2 | 2 | 6 | 10 | 10 | 10 | 10 | 5 | 5 | 5 | 5 | 12 | 10 |
EPS | - | - | - | - | - | - | - | - | $0.05 | $0.36 | $0.42 | $0.36 | $0.40 | $0.50 | - | $0.46 | $1.29 | $1.56 | $1.37 | $1.70 | $1.50 | $1.51 | $0.94 | $0.39 | $0.49 | $0.52 | $0.32 | $0.31 | $0.37 | $0.43 |
Avg Forecast | $0.48 | $0.50 | $0.43 | $0.34 | $0.34 | $0.36 | $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 | $0.17 | $0.13 | $0.41 | $0.20 |
High Forecast | $0.49 | $0.50 | $0.44 | $0.34 | $0.35 | $0.38 | $0.31 | $0.24 | $0.28 | $0.40 | $0.38 | $0.32 | $0.45 | $0.41 | $0.46 | $0.39 | $0.49 | $0.58 | $0.59 | $0.57 | $0.42 | $0.36 | $0.12 | $0.12 | $0.19 | $0.21 | $0.17 | $0.13 | $0.49 | $0.24 |
Low Forecast | $0.48 | $0.50 | $0.43 | $0.34 | $0.34 | $0.34 | $0.31 | $0.24 | $0.28 | $0.35 | $0.38 | $0.32 | $0.45 | $0.40 | $0.46 | $0.38 | $0.48 | $0.56 | $0.57 | $0.55 | $0.41 | $0.35 | $0.12 | $0.11 | $0.19 | $0.20 | $0.17 | $0.13 | $0.33 | $0.16 |
Surprise % | - | - | - | - | - | - | - | - | 0.18% | 0.96% | 1.10% | 1.11% | 0.89% | 1.23% | - | 1.19% | 2.66% | 2.74% | 2.37% | 3.04% | 3.59% | 4.27% | 8.06% | 3.39% | 2.56% | 2.54% | 1.88% | 2.45% | 0.90% | 2.15% |
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 $13 with a range of $13 to $13, implying a 13.84% from its last price of $11.42. 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 13.84% (from the last price of $11.42 to the average price target of $13), up by 13.84% based on the highest stock price target, and up by 13.84% based on the lowest stock price target.
Can Meridian stock reach $20?
MRBK's average twelve months analyst stock price target of $13 does not support the claim that Meridian can reach $20 in the near future.
What are Meridian's analysts' financial forecasts?
Meridian's analysts financial forecasts for the fiscal year (Dec 2024) are as follows: average revenue is $102.47M (high $102.78M, low $102.16M), average EBITDA is $29.65M (high $31.99M, low $27.31M), average net income is $17.96M (high $19.53M, low $16.38M), average SG&A $60.47M (high $64.76M, low $56.18M), and average EPS is $1.26 (high $1.29, low $1.24). MRBK's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $115.65M (high $116M, low $115.31M), average EBITDA is $26.89M (high $26.97M, low $26.81M), average net income is $19.62M (high $19.7M, low $19.55M), average SG&A $58.4M (high $58.58M, low $58.23M), and average EPS is $1.76 (high $1.77, low $1.75).
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 $17.63M by -24.90%. 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 $3.16M by -81.93%. 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%