Morphic (MORF) Stock Forecast & Price Target

$24.95

+0.54 (+2.21%)

(As of 04:14 PM ET)

Today's Range: $24.25
▼
$25.04
50-Day Range: $19.95
▼
$24.41
52-Week Range: $19.34
▼
$63.08

Volume: 378,383 shs
Average Volume: 643,446 shs
Market Capitalization: $1.24 billion

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $61.71

Morphic Consensus Analyst Rating and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Analysts' Consensus Rating

Moderate Buy
Based on 6 Analyst Ratings

Analysts' Consensus Price Target

$61.71
147.35% Upside

High Forecast	$80.00
Average Forecast	$61.71
Low Forecast	$33.00

Type	Current Forecast 12/4/22 to 12/4/23	1 Month Ago 11/4/22 to 11/4/23	3 Months Ago 9/5/22 to 9/5/23	1 Year Ago 12/4/21 to 12/4/22
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy	Buy
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	4 Buy rating(s)	5 Buy rating(s)	4 Buy rating(s)	7 Buy rating(s)
Hold	2 Hold rating(s)	2 Hold rating(s)	1 Hold rating(s)	0 Hold rating(s)
Sell	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)
Consensus Price Target	$61.71	$61.71	$73.43	$64.83
Predicted Upside	147.35% Upside	57.90% Upside	56.26% Upside	114.10% Upside

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MORF Analyst Ratings By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

MORF Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

Morphic Stock vs. The Competition

Type	Morphic	Medical Companies	S&P 500
Consensus Rating Score	2.67	2.67	2.49
Consensus Rating	Moderate Buy	Moderate Buy	Hold
Predicted Upside	147.35% Upside	652.48% Upside	2,853.07% Upside
News Sentiment Rating	Positive News	Positive News	Positive News

Recent Analyst Ratings and Stock Forecasts

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Analyst Name	Action	Rating	Price Target	Upside/Downside on Report Date
10/16/2023	Leerink Partnrs Subscribe to MarketBeat All Access for the recommendation accuracy rating	T. Smith Subscribe to MarketBeat All Access for the recommendation accuracy rating	Reiterated Rating	Outperform
9/28/2023	BMO Capital Markets Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Outperform ➝ Outperform	$106.00 ➝ $52.00	+133.39%
9/25/2023	Stifel Nicolaus Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Hold ➝ Hold	$61.00 ➝ $33.00	+24.91%
9/25/2023	BTIG Research Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Buy ➝ Neutral
7/21/2023	Berenberg Bank Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Buy	$75.00	+31.05%
4/26/2023	Royal Bank of Canada Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target		$75.00 ➝ $80.00	+66.18%
4/25/2023	Wells Fargo & Company Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target		$67.00 ➝ $80.00	+76.17%
3/8/2023	SVB Leerink Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Outperform	$45.00 ➝ $56.00	+22.70%
3/8/2023	SVB Securities Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target		$45.00 ➝ $56.00	+22.70%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Monday at 05:23 PM ET.

MORF Price Target - Frequently Asked Questions

What is Morphic's consensus rating and price target?: According to the issued ratings of 6 analysts in the last year, the consensus rating for Morphic stock is Moderate Buy based on the current 2 hold ratings and 4 buy ratings for MORF. The average twelve-month price prediction for Morphic is $61.71 with a high price target of $80.00 and a low price target of $33.00. Learn more on MORF's analyst rating history.
Do Wall Street analysts like Morphic more than its competitors?: Analysts like Morphic less than other Medical companies. The consensus rating score for Morphic is 2.67 while the average consensus rating score for medical companies is 2.67. Learn more on how MORF compares to other companies.
Is Morphic being downgraded by Wall Street analysts?: Over the previous 90 days, Morphic's stock had 1 downgrade by analysts.

Does Morphic's stock price have much upside?: According to analysts, Morphic's stock has a predicted upside of 53.47% based on their 12-month stock forecasts.
What analysts cover Morphic?: Morphic has been rated by BMO Capital Markets, BTIG Research, Leerink Partnrs, and Stifel Nicolaus in the past 90 days.

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This page (NASDAQ:MORF) was last updated on 12/4/2023 by MarketBeat.com Staff

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