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MM Forgings Ltd
NSE:MMFL

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MM Forgings Ltd
NSE:MMFL
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Price: 440.5 INR -2.52%
Market Cap: ₹21.3B

Wall St Price Targets

MMFL Price Targets Summary
MM Forgings Ltd

Wall Street analysts forecast MMFL stock price to rise over the next 12 months.

According to Wall Street analysts, the average 1-year price target for MMFL is 575.28 INR with a low forecast of 519.14 INR and a high forecast of 630 INR.

Lowest Forecast
Price Target
519.14 INR
18% Upside
Average Forecast
Price Target
575.28 INR
31% Upside
Highest Forecast
Price Target
630 INR
43% Upside
MM Forgings Ltd Competitors:
Price Targets
QTRX
Quanterix Corp
44% Upside
2633
Jacobson Pharma Corporation Ltd
127% Upside

Revenue
Forecast

12% / Year
Past Growth
11% / Year
Estimated Growth
Estimates Accuracy
-2%
Average Miss
12% / Year
Past Growth
11% / Year
Estimated Growth
Estimates Accuracy
-2%
Average Miss

Over the last 13 years, the compound annual growth rate for Revenue has been 12%. The projected CAGR for the next 3 years is 11%.

Gross Profit
Forecast

12% / Year
Past Growth
N/A
Estimated Growth
N/A
Estimates Accuracy
N/A
Average Beat/Miss
12% / Year
Past Growth
N/A
Estimated Growth
N/A
Estimates Accuracy
N/A
Average Beat/Miss
Gross Profit Forecast
is not available for MM Forgings Ltd

Operating Income
Forecast

14% / Year
Past Growth
18% / Year
Estimated Growth
Estimates Accuracy
-12%
Average Miss
14% / Year
Past Growth
18% / Year
Estimated Growth
Estimates Accuracy
-12%
Average Miss

Over the last 13 years, the compound annual growth rate for Operating Income has been 14%. The projected CAGR for the next 3 years is 18%.

Pre-Tax Income
Forecast

12% / Year
Past Growth
N/A
Estimated Growth
N/A
Estimates Accuracy
N/A
Average Beat/Miss
12% / Year
Past Growth
N/A
Estimated Growth
N/A
Estimates Accuracy
N/A
Average Beat/Miss
Pre-Tax Income Forecast
is not available for MM Forgings Ltd

Net Income
Forecast

12% / Year
Past Growth
17% / Year
Estimated Growth
Estimates Accuracy
-14%
Average Miss
12% / Year
Past Growth
17% / Year
Estimated Growth
Estimates Accuracy
-14%
Average Miss

Over the last 13 years, the compound annual growth rate for Net Income has been 12%. The projected CAGR for the next 3 years is 17%.

Why do you have more estimates than other sites?

Our estimates are sourced from the pool of sell-side and buy-side analysts that we have access to. What you see on other sites is mostly sourced from sell-side analysts.

What is MMFL's stock price target?
Price Target
575.28 INR

According to Wall Street analysts, the average 1-year price target for MMFL is 575.28 INR with a low forecast of 519.14 INR and a high forecast of 630 INR.

What is the Revenue forecast for MM Forgings Ltd?
Projected CAGR
11%

Over the last 13 years, the compound annual growth rate for Revenue has been 12%. The projected CAGR for the next 3 years is 11%.

What is the Operating Income forecast for MM Forgings Ltd?
Projected CAGR
18%

Over the last 13 years, the compound annual growth rate for Operating Income has been 14%. The projected CAGR for the next 3 years is 18%.

What is the Net Income forecast for MM Forgings Ltd?
Projected CAGR
17%

Over the last 13 years, the compound annual growth rate for Net Income has been 12%. The projected CAGR for the next 3 years is 17%.

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