MEI Pharma - MEIP Stock Forecast, Price & News

5 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for MEI Pharma in the last twelve months. There are currently 3 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" MEIP shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in MEIP, but not buy additional shares or sell existing shares.
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5 brokerages have issued twelve-month price targets for MEI Pharma's shares. Their MEIP share price forecasts range from $1.00 to $5.00. On average, they expect the company's stock price to reach $3.00 in the next year. This suggests a possible upside of 676.0% from the stock's current price.
View analysts price targets for MEIP or view top-rated stocks among Wall Street analysts.

MEI Pharma's stock was trading at $2.67 on January 1st, 2022. Since then, MEIP shares have decreased by 85.5% and is now trading at $0.3866.
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The company is scheduled to release its next quarterly earnings announcement on Wednesday, November 9th 2022.
View our MEIP earnings forecast.

MEI Pharma, Inc. (NASDAQ:MEIP) posted its quarterly earnings results on Thursday, September, 8th. The company reported ($0.12) EPS for the quarter, beating analysts' consensus estimates of ($0.18) by $0.06. MEI Pharma had a negative net margin of 80.49% and a negative trailing twelve-month return on equity of 110.92%.

Based on aggregate information from My MarketBeat watchlists, some companies that other MEI Pharma investors own include Inovio Pharmaceuticals (INO), Rigel Pharmaceuticals (RIGL), Gilead Sciences (GILD), Novavax (NVAX), Dynavax Technologies (DVAX), SCYNEXIS (SCYX), OPKO Health (OPK), VBI Vaccines (VBIV), Sorrento Therapeutics (SRNE) and TherapeuticsMD (TXMD).

MEI Pharma trades on the NASDAQ under the ticker symbol "MEIP."

Shares of MEIP stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of MEIP stock can currently be purchased for approximately $0.39.

MEI Pharma (NASDAQ:MEIP) has a market capitalization of $51.52 million and generates $40.70 million in revenue each year. The company earns $-54,450,000.00 in net income (profit) each year or ($0.39) on an earnings per share basis.

MEI Pharma's mailing address is 11455 EL CAMINO REAL SUITE 250, SAN DIEGO CA, 92130. The official website for the company is www.meipharma.com. The company can be reached via phone at (858) 369-7100, via email at investor@meipharma.com, or via fax at 302-655-5049.