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 49.73% upside from NMM’s last price of $53.43) 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 49.73% upside from NMM's last price of $53.43.
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% | 49.73% |
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 49.73% increase from NMM last price ($53.43).
Navios Maritime Partners Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | 1 | 1 |
| Avg Price Target | - | $80.00 | $80.00 |
| Last Closing Price | $53.43 | $53.43 | $53.43 |
| Upside/Downside | -100.00% | 49.73% | 49.73% |
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 $53.43. 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 | $378.98M | $376.23M | $373.49M | $370.77M | $368.07M | $365.40M | $362.74M | $360.10M | $366.00M | $357.00M | $374.00M | $345.00M | $379.58M | $338.55M | $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 | $378.98M | $376.23M | $373.49M | $370.77M | $368.07M | $365.40M | $362.74M | $360.10M | $366.00M | $357.00M | $374.00M | $345.00M | $379.58M | $338.55M | $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 | $378.98M | $376.23M | $373.49M | $370.77M | $368.07M | $365.40M | $362.74M | $360.10M | $366.00M | $357.00M | $374.00M | $345.00M | $379.58M | $338.55M | $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 | $186.63M | $185.27M | $183.93M | $182.59M | $181.26M | $179.94M | $178.63M | $177.33M | $180.24M | $175.81M | $184.18M | $169.90M | $186.92M | $166.72M | $153.84M | $206.12M | $158.73M | $149.74M | $156.65M | $187.38M | $200.54M | $131.54M | $143.52M | $170.34M | $134.24M | $109.28M | $73.64M | $50.21M | $30.06M | $24.73M |
| High Forecast | $186.63M | $185.27M | $183.93M | $182.59M | $181.26M | $179.94M | $178.63M | $177.33M | $180.24M | $175.81M | $184.18M | $169.90M | $186.92M | $166.72M | $153.84M | $247.34M | $158.73M | $154.03M | $156.65M | $224.85M | $240.65M | $131.54M | $143.52M | $204.41M | $134.24M | $109.28M | $73.64M | $50.21M | $30.06M | $24.73M |
| Low Forecast | $186.63M | $185.27M | $183.93M | $182.59M | $181.26M | $179.94M | $178.63M | $177.33M | $180.24M | $175.81M | $184.18M | $169.90M | $186.92M | $166.72M | $153.84M | $164.89M | $158.73M | $145.45M | $156.65M | $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 $156.65M, with a high of $156.65M and a low of $156.65M. This is -0.86% lower 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 | $174.72M | $165.43M | $162.36M | $153.66M | $158.86M | $153.23M | $151.53M | $143.38M | $141.47M | $136.06M | $145.20M | $133.89M | $144.49M | $120.63M | $85.72M | $124.74M | $79.13M | $84.73M | $93.36M | $113.40M | $132.44M | $126.59M | $121.60M | $103.09M | $126.46M | $113.51M | $88.92M | $138.02M | $22.10M | $-1.01M |
| High Forecast | $174.72M | $165.43M | $162.36M | $153.66M | $158.86M | $153.23M | $151.53M | $143.38M | $141.47M | $136.06M | $145.20M | $133.89M | $144.49M | $120.63M | $85.72M | $149.69M | $79.13M | $92.90M | $93.36M | $136.08M | $158.93M | $126.59M | $121.60M | $123.71M | $126.46M | $113.51M | $88.92M | $165.62M | $22.10M | $-1.01M |
| Low Forecast | $174.72M | $165.43M | $162.36M | $153.66M | $158.86M | $153.23M | $151.53M | $143.38M | $141.47M | $136.06M | $145.20M | $133.89M | $144.49M | $120.63M | $85.72M | $99.79M | $79.13M | $76.25M | $93.36M | $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 $93.36M, with a range of $93.36M to $93.36M. NMM's average Quarter net income forecast represents a -29.60% 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 | $47.80M | $47.45M | $47.10M | $46.76M | $46.42M | $46.08M | $45.75M | $45.41M | $46.16M | $45.02M | $47.17M | $43.51M | $47.87M | $42.70M | $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 | $47.80M | $47.45M | $47.10M | $46.76M | $46.42M | $46.08M | $45.75M | $45.41M | $46.16M | $45.02M | $47.17M | $43.51M | $47.87M | $42.70M | $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 | $47.80M | $47.45M | $47.10M | $46.76M | $46.42M | $46.08M | $45.75M | $45.41M | $46.16M | $45.02M | $47.17M | $43.51M | $47.87M | $42.70M | $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 | $5.79 | $5.48 | $5.38 | $5.09 | $5.26 | $5.08 | $5.02 | $4.75 | $4.69 | $4.51 | $4.81 | $4.44 | $4.79 | $4.00 | $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 | $5.79 | $5.48 | $5.38 | $5.09 | $5.26 | $5.08 | $5.02 | $4.75 | $4.69 | $4.51 | $4.81 | $4.44 | $4.79 | $4.00 | $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 | $5.79 | $5.48 | $5.38 | $5.09 | $5.26 | $5.08 | $5.02 | $4.75 | $4.69 | $4.51 | $4.81 | $4.44 | $4.79 | $4.00 | $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 | $53.43 | $80.00 | 49.73% | Buy |
| DAC | Danaos | $81.95 | $105.00 | 28.13% | Buy |
| GNK | Genco Shipping & Trading | $15.95 | $19.67 | 23.32% | Buy |
| GSL | Global Ship Lease | $24.06 | $29.00 | 20.53% | Buy |
| ASC | Ardmore Shipping | $14.04 | $15.17 | 8.05% | Buy |
| CMRE | Costamare | $13.73 | $14.50 | 5.61% | Buy |
| CPLP | Capital Product Partners | $16.77 | $17.00 | 1.37% | - |
NMM Forecast FAQ
Is Navios Maritime Partners a good buy?
Yes, according to 1 Wall Street analysts, Navios Maritime Partners (NMM) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 1 'Buy' recommendations, accounting for 100.00% of NMM's total ratings.
What is NMM's price target?
Navios Maritime Partners (NMM) average price target is $80 with a range of $80 to $80, implying a 49.73% from its last price of $53.43. The data is based on 1 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will Navios Maritime Partners stock go up soon?
According to Wall Street analysts' prediction for NMM stock, the company can go up by 49.73% (from the last price of $53.43 to the average price target of $80), up by 49.73% based on the highest stock price target, and up by 49.73% based on the lowest stock price target.
Can Navios Maritime Partners stock reach $80?
NMM's average twelve months analyst stock price target of $80 does not support the claim that Navios Maritime Partners can reach $80 in the near future.
What are Navios Maritime Partners's analysts' financial forecasts?
Navios Maritime Partners's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $1.46B (high $1.46B, low $1.46B), average EBITDA is $717.16M (high $717.16M, low $717.16M), average net income is $606.98M (high $606.98M, low $606.98M), average SG&A $183.66M (high $183.66M, low $183.66M), and average EPS is $20.11 (high $20.11, low $20.11). NMM's analysts financial forecasts for the fiscal year (Dec 2027) are as follows: average revenue is $1.5B (high $1.5B, low $1.5B), average EBITDA is $738.42M (high $738.42M, low $738.42M), average net income is $656.17M (high $656.17M, low $656.17M), average SG&A $189.11M (high $189.11M, low $189.11M), and average EPS is $21.74 (high $21.74, low $21.74).
Did the NMM's actual financial results beat the analysts' financial forecasts?
Based on Navios Maritime Partners's last annual report (Dec 2022), the company's revenue was $1.21B, beating the average analysts forecast of $1.16B by 4.70%. Apple's EBITDA was $718.72M, beating the average prediction of $645.93M by 11.27%. The company's net income was $579.25M, beating the average estimation of $483.73M by 19.75%. Apple's SG&A was $67.18M, missing the average forecast of $106.06M by -36.66%. Lastly, the company's EPS was $0, missing the average prediction of $16.98 by -100.00%. In terms of the last quarterly report (Mar 2023), Navios Maritime Partners's revenue was $309.52M, beating the average analysts' forecast of $264.85M by 16.87%. The company's EBITDA was $158.02M, missing the average prediction of $187.38M by -15.67%. Navios Maritime Partners's net income was $132.62M, beating the average estimation of $113.4M by 16.94%. The company's SG&A was $19.5M, beating the average forecast of $18.42M by 5.85%. Lastly, the company's EPS was $4.39, beating the average prediction of $1.84 by 138.70%