Navios Maritime Partners (NMM) Stock Forecast, Price Target & Predictions
NMM Stock Forecast
Navios Maritime Partners stock forecast is as follows: an average price target of $80.00 (represents a 87.00% upside from NMM’s last price of $42.78) and a rating consensus of 'Buy', based on 1 wall street analysts offering a 1-year stock forecast.
NMM Price Target
The average price target for Navios Maritime Partners (NMM) is $80.00 based on 1-year price targets from 1 Wall Street analysts in the past 3 months, with a price target range of $80.00 to $80.00. This represents a potential 87.00% upside from NMM's last price of $42.78.
NMM Analyst Ratings
According to 1 Wall Street analysts, Navios Maritime Partners's rating consensus is 'Buy'. The analyst rating breakdown for NMM stock is 0 'Strong Buy' (0.00%), 1 'Buy' (100.00%), 0 'Hold' (0.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
Navios Maritime Partners Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Sep 19, 2024 | Omar Nokta | Jefferies | $80.00 | $54.67 | 46.33% | 87.00% |
The latest Navios Maritime Partners stock forecast, released on Sep 19, 2024 by Omar Nokta from Jefferies, set a price target of $80.00, which represents a 46.33% increase from the stock price at the time of the forecast ($54.67), and a 87.00% increase from NMM last price ($42.78).
Navios Maritime Partners Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | 1 | 1 |
| Avg Price Target | - | $80.00 | $80.00 |
| Last Closing Price | $42.78 | $42.78 | $42.78 |
| Upside/Downside | -100.00% | 87.00% | 87.00% |
In the current month, the average price target of Navios Maritime Partners stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Navios Maritime Partners's last price of $42.78. This month's average price target is down -100.00% 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 19, 2024 | Jefferies | Buy | Buy | Hold |
Navios Maritime Partners's last stock rating was published by Jefferies on Sep 19, 2024. The company gave NMM a "Buy" rating, the same as its previous rate.
Navios Maritime Partners Financial Forecast
Navios Maritime Partners Revenue Forecast
| Dec 27 | Sep 27 | Jun 27 | Mar 27 | 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $309.52M | $370.86M | $322.39M | $280.66M | $236.62M | $268.15M | $227.96M | $152.01M | $65.06M | $69.23M | $64.50M |
| Avg Forecast | $374.77M | $372.05M | $369.34M | $366.65M | $363.99M | $361.34M | $358.71M | $356.10M | $366.00M | $357.00M | $374.00M | $345.00M | $361.27M | $326.32M | $312.39M | $283.59M | $322.33M | $304.07M | $318.11M | $264.85M | $361.90M | $267.10M | $291.44M | $235.74M | $272.59M | $221.91M | $149.54M | $101.96M | $61.05M | $50.23M |
| High Forecast | $374.77M | $372.05M | $369.34M | $366.65M | $363.99M | $361.34M | $358.71M | $356.10M | $366.00M | $357.00M | $374.00M | $345.00M | $361.27M | $326.32M | $312.39M | $283.59M | $322.33M | $312.78M | $318.11M | $264.85M | $361.90M | $267.10M | $291.44M | $235.74M | $272.59M | $221.91M | $149.54M | $101.96M | $61.05M | $50.23M |
| Low Forecast | $374.77M | $372.05M | $369.34M | $366.65M | $363.99M | $361.34M | $358.71M | $356.10M | $366.00M | $357.00M | $374.00M | $345.00M | $361.27M | $326.32M | $312.39M | $283.59M | $322.33M | $295.36M | $318.11M | $264.85M | $361.90M | $267.10M | $291.44M | $235.74M | $272.59M | $221.91M | $149.54M | $101.96M | $61.05M | $50.23M |
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.17% | 1.02% | 1.21% | 0.96% | 1.00% | 0.98% | 1.03% | 1.02% | 0.64% | 1.13% | 1.28% |
Navios Maritime Partners's average Quarter revenue forecast for Jun 23 based on 1 analysts is $318.11M, with a low forecast of $318.11M, and a high forecast of $318.11M. NMM's average Quarter revenue forecast represents a 2.77% increase compared to the company's last Quarter revenue of $309.52M (Mar 23).
Navios Maritime Partners EBITDA Forecast
| Dec 27 | Sep 27 | Jun 27 | Mar 27 | 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $158.01M | $206.36M | $196.66M | $174.16M | $141.55M | $177.97M | $208.48M | $129.05M | $155.87M | $-29.79M | $15.27M |
| Avg Forecast | $196.63M | $195.20M | $193.78M | $192.37M | $190.97M | $189.58M | $188.20M | $186.83M | $192.03M | $187.30M | $196.22M | $181.01M | $189.54M | $171.21M | $163.90M | $206.12M | $169.11M | $159.53M | $166.90M | $187.38M | $200.54M | $131.54M | $143.52M | $170.34M | $134.24M | $109.28M | $73.64M | $50.21M | $30.06M | $24.73M |
| High Forecast | $196.63M | $195.20M | $193.78M | $192.37M | $190.97M | $189.58M | $188.20M | $186.83M | $192.03M | $187.30M | $196.22M | $181.01M | $189.54M | $171.21M | $163.90M | $247.34M | $169.11M | $164.10M | $166.90M | $224.85M | $240.65M | $131.54M | $143.52M | $204.41M | $134.24M | $109.28M | $73.64M | $50.21M | $30.06M | $24.73M |
| Low Forecast | $196.63M | $195.20M | $193.78M | $192.37M | $190.97M | $189.58M | $188.20M | $186.83M | $192.03M | $187.30M | $196.22M | $181.01M | $189.54M | $171.21M | $163.90M | $164.89M | $169.11M | $154.97M | $166.90M | $149.90M | $160.43M | $131.54M | $143.52M | $136.27M | $134.24M | $109.28M | $73.64M | $50.21M | $30.06M | $24.73M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.84% | 1.03% | 1.50% | 1.21% | 0.83% | 1.33% | 1.91% | 1.75% | 3.10% | -0.99% | 0.62% |
1 analysts predict NMM's average Quarter EBITDA for Jun 23 to be $166.90M, with a high of $166.90M and a low of $166.90M. This is 5.62% upper than Navios Maritime Partners's previous annual EBITDA (Mar 23) of $158.01M.
Navios Maritime Partners Net Income Forecast
| Dec 27 | Sep 27 | Jun 27 | Mar 27 | 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $132.62M | $118.26M | $257.16M | $118.16M | $85.67M | $101.35M | $162.05M | $99.91M | $136.68M | $-50.17M | $6.99M |
| Avg Forecast | $162.22M | $153.26M | $150.21M | $144.47M | $151.87M | $145.16M | $145.16M | $136.86M | $139.51M | $132.60M | $140.94M | $128.03M | $138.90M | $101.88M | $86.76M | $124.74M | $80.09M | $85.75M | $94.48M | $113.40M | $132.44M | $126.59M | $121.60M | $103.09M | $126.46M | $113.51M | $88.92M | $138.02M | $22.10M | $-1.01M |
| High Forecast | $162.22M | $153.26M | $150.21M | $144.47M | $151.87M | $145.16M | $145.16M | $136.86M | $139.51M | $132.60M | $140.94M | $128.03M | $138.90M | $101.88M | $86.76M | $149.69M | $80.09M | $94.02M | $94.48M | $136.08M | $158.93M | $126.59M | $121.60M | $123.71M | $126.46M | $113.51M | $88.92M | $165.62M | $22.10M | $-1.01M |
| Low Forecast | $162.22M | $153.26M | $150.21M | $144.47M | $151.87M | $145.16M | $145.16M | $136.86M | $139.51M | $132.60M | $140.94M | $128.03M | $138.90M | $101.88M | $86.76M | $99.79M | $80.09M | $77.17M | $94.48M | $90.72M | $105.95M | $126.59M | $121.60M | $82.47M | $126.46M | $113.51M | $88.92M | $110.42M | $22.10M | $-1.01M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.17% | 0.89% | 2.03% | 0.97% | 0.83% | 0.80% | 1.43% | 1.12% | 0.99% | -2.27% | -6.95% |
Navios Maritime Partners's average Quarter net income forecast for Jun 23 is $94.48M, with a range of $94.48M to $94.48M. NMM's average Quarter net income forecast represents a -28.75% decrease compared to the company's last Quarter net income of $132.62M (Mar 23).
Navios Maritime Partners SG&A Forecast
| Dec 27 | Sep 27 | Jun 27 | Mar 27 | 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $19.50M | $23.50M | $15.60M | $14.17M | $13.92M | $16.74M | $9.49M | $10.32M | $4.91M | $8.17M | $4.72M |
| Avg Forecast | $47.27M | $46.92M | $46.58M | $46.24M | $45.90M | $45.57M | $45.24M | $44.91M | $46.16M | $45.02M | $47.17M | $43.51M | $45.56M | $41.16M | $39.40M | $20.26M | $40.65M | $38.35M | $40.12M | $18.42M | $18.87M | $33.69M | $36.76M | $16.75M | $34.38M | $27.99M | $18.86M | $4.96M | $7.70M | $6.33M |
| High Forecast | $47.27M | $46.92M | $46.58M | $46.24M | $45.90M | $45.57M | $45.24M | $44.91M | $46.16M | $45.02M | $47.17M | $43.51M | $45.56M | $41.16M | $39.40M | $24.32M | $40.65M | $39.45M | $40.12M | $22.11M | $22.64M | $33.69M | $36.76M | $20.10M | $34.38M | $27.99M | $18.86M | $5.95M | $7.70M | $6.33M |
| Low Forecast | $47.27M | $46.92M | $46.58M | $46.24M | $45.90M | $45.57M | $45.24M | $44.91M | $46.16M | $45.02M | $47.17M | $43.51M | $45.56M | $41.16M | $39.40M | $16.21M | $40.65M | $37.25M | $40.12M | $14.74M | $15.09M | $33.69M | $36.76M | $13.40M | $34.38M | $27.99M | $18.86M | $3.96M | $7.70M | $6.33M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.06% | 1.25% | 0.46% | 0.39% | 0.83% | 0.49% | 0.34% | 0.55% | 0.99% | 1.06% | 0.74% |
Navios Maritime Partners's average Quarter SG&A projection for Jun 23 is $40.12M, based on 1 Wall Street analysts, with a range of $40.12M to $40.12M. The forecast indicates a 105.75% rise compared to NMM last annual SG&A of $19.50M (Mar 23).
Navios Maritime Partners EPS Forecast
| Dec 27 | Sep 27 | Jun 27 | Mar 27 | 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $4.39 | $-14.98 | $8.36 | $3.84 | $2.78 | $3.81 | $5.97 | $4.32 | $11.78 | $-4.39 | $0.63 |
| Avg Forecast | $5.31 | $5.02 | $4.92 | $4.73 | $4.97 | $4.75 | $4.75 | $4.48 | $4.57 | $4.34 | $4.61 | $4.19 | $4.55 | $3.33 | $2.84 | $2.01 | $2.62 | $2.81 | $3.09 | $1.84 | $5.41 | $4.19 | $4.03 | $3.35 | $4.19 | $3.76 | $2.95 | $2.06 | $0.73 | $-0.03 |
| High Forecast | $5.31 | $5.02 | $4.92 | $4.73 | $4.97 | $4.75 | $4.75 | $4.48 | $4.57 | $4.34 | $4.61 | $4.19 | $4.55 | $3.33 | $2.84 | $2.01 | $2.62 | $3.08 | $3.09 | $1.84 | $5.41 | $4.19 | $4.03 | $3.35 | $4.19 | $3.76 | $2.95 | $2.06 | $0.73 | $-0.03 |
| Low Forecast | $5.31 | $5.02 | $4.92 | $4.73 | $4.97 | $4.75 | $4.75 | $4.48 | $4.57 | $4.34 | $4.61 | $4.19 | $4.55 | $3.33 | $2.84 | $2.01 | $2.62 | $2.53 | $3.09 | $1.84 | $5.41 | $4.19 | $4.03 | $3.35 | $4.19 | $3.76 | $2.95 | $2.06 | $0.73 | $-0.03 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 2.39% | -2.77% | 1.99% | 0.95% | 0.83% | 0.91% | 1.59% | 1.47% | 5.73% | -5.99% | -18.91% |
According to 1 Wall Street analysts, Navios Maritime Partners's projected average Quarter EPS for Jun 23 is $3.09, with a low estimate of $3.09 and a high estimate of $3.09. This represents a -29.55% decrease compared to NMM previous annual EPS of $4.39 (Mar 23).
Navios Maritime Partners Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| NMM | Navios Maritime Partners | $43.17 | $80.00 | 85.31% | Buy |
| ASC | Ardmore Shipping | $11.22 | $17.00 | 51.52% | Buy |
| GNK | Genco Shipping & Trading | $14.03 | $19.50 | 38.99% | Buy |
| GSL | Global Ship Lease | $21.31 | $29.00 | 36.09% | Buy |
| DAC | Danaos | $77.30 | $105.00 | 35.83% | Buy |
| CMRE | Costamare | $12.63 | $14.00 | 10.85% | Buy |