Merchants (MBIN) analyst forecast and price target
Analyst forecast
Consensus of 3 analyst ratings
Recent analyst ratings
| Firm | Action | Rating | Price target | Date |
|---|---|---|---|---|
| Piper Sandler | Maintained | Overweight | $58.00 from $64.00 | Jul 29, 2026 |
| Raymond James | Downgraded | Outperform → Market Perform | — | Jul 1, 2026 |
| Morgan Stanley | Maintained | Equal-Weight | $49.00 from $46.00 | Jun 29, 2026 |
| Morgan Stanley | Maintained | Equal-Weight | $51.00 from $42.00 | Mar 2, 2026 |
| Morgan Stanley | Maintained | Equal-Weight | $42.00 from $40.00 | Jan 30, 2026 |
| Piper Sandler | Maintained | Overweight | $42.00 from $41.00 | Oct 30, 2025 |
| Raymond James | Maintained | Outperform | $38.00 from $40.00 | Oct 29, 2025 |
| Morgan Stanley | Maintained | Equal-Weight | $39.00 from $34.00 | Sep 29, 2025 |
| Piper Sandler | Maintained | Overweight | $41.00 from $42.00 | Jul 30, 2025 |
| Raymond James | Maintained | Outperform | $40.00 from $41.00 | Jul 29, 2025 |
| Morgan Stanley | Maintained | Equal-Weight | $34.00 from $40.00 | Jul 29, 2025 |
| Raymond James | Maintained | Outperform | $41.00 from $45.00 | Apr 29, 2025 |
| Raymond James | Maintained | Outperform | $45.00 from $53.00 | Apr 2, 2025 |
| Morgan Stanley | Maintained | Equal-Weight | $45.00 from $47.00 | Mar 13, 2025 |
| Raymond James | Maintained | Outperform | $53.00 from $50.00 | Jan 30, 2025 |
| Piper Sandler | Maintained | Overweight | $56.50 from $52.50 | Jan 30, 2025 |
| Piper Sandler | Maintained | Overweight | $52.50 from $48.00 | Nov 26, 2024 |
| Piper Sandler | Maintained | Overweight | $48.00 from $56.00 | Oct 30, 2024 |
| Raymond James | Maintained | Outperform | $55.00 from $58.00 | Oct 29, 2024 |
| Morgan Stanley | Initiated Coverage | Equal-Weight | $54.00 | Sep 9, 2024 |
Frequently asked questions
Is MBIN a buy, sell, or hold?
Analysts covering Merchants currently average a Hold rating: 1 buy, 2 hold and 0 sell, from 3 analysts. Ratings reflect analyst opinion, not investment advice.
What is the latest analyst rating on MBIN?
On Jul 29, 2026, Piper Sandler maintained Merchants at Overweight with a price target of $58.00.
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.