Merchants
MBIN

Merchants (MBIN) analyst forecast and price target

Recent analyst ratings

FirmActionRatingPrice targetDate
Piper SandlerMaintainedOverweight$63.00 from $64.00Oct 5, 2026
Morgan StanleyMaintainedEqual-Weight$65.00 from $49.00Sep 8, 2026
Piper SandlerMaintainedOverweight$58.00 from $64.00Jul 29, 2026
Raymond JamesDowngradedOutperform → Market Perform—Jul 1, 2026
Morgan StanleyMaintainedEqual-Weight$49.00 from $46.00Jun 29, 2026
Morgan StanleyMaintainedEqual-Weight$51.00 from $42.00Mar 2, 2026
Morgan StanleyMaintainedEqual-Weight$42.00 from $40.00Jan 30, 2026
Piper SandlerMaintainedOverweight$42.00 from $41.00Oct 30, 2025
Raymond JamesMaintainedOutperform$38.00 from $40.00Oct 29, 2025
Morgan StanleyMaintainedEqual-Weight$39.00 from $34.00Sep 29, 2025
Piper SandlerMaintainedOverweight$41.00 from $42.00Jul 30, 2025
Raymond JamesMaintainedOutperform$40.00 from $41.00Jul 29, 2025
Morgan StanleyMaintainedEqual-Weight$34.00 from $40.00Jul 29, 2025
Raymond JamesMaintainedOutperform$41.00 from $45.00Apr 29, 2025
Raymond JamesMaintainedOutperform$45.00 from $53.00Apr 2, 2025
Morgan StanleyMaintainedEqual-Weight$45.00 from $47.00Mar 13, 2025
Raymond JamesMaintainedOutperform$53.00 from $50.00Jan 30, 2025
Piper SandlerMaintainedOverweight$56.50 from $52.50Jan 30, 2025
Piper SandlerMaintainedOverweight$52.50 from $48.00Nov 26, 2024
Piper SandlerMaintainedOverweight$48.00 from $56.00Oct 30, 2024

Frequently asked questions

  • What is the latest analyst rating on MBIN?

    On Oct 5, 2026, Piper Sandler maintained Merchants at Overweight with a price target of $63.00.

Analyst ratings and price targets are the opinions of third-party research firms, not of Light Horse Securities. They are estimates about an uncertain future, are frequently wrong, and are neither a recommendation nor a prediction of actual results.

This page is for informational purposes only. Nothing on it is a recommendation, solicitation or offer to buy or sell any security, nor investment, legal or tax advice. Light Horse Securities Inc does not verify third-party data and is not responsible for its accuracy, completeness or timeliness.