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Meridian Energy Ltd
NZX:MEL

Watchlist Manager
Meridian Energy Ltd Logo
Meridian Energy Ltd
NZX:MEL
Watchlist
Price: 6.1 NZD 1.5% Market Closed
Updated: May 4, 2024

Wall Street
Price Targets

MEL Price Targets Summary
Meridian Energy Ltd

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

According to Wall Street analysts, the average 1-year price target for MEL is 6.2 NZD with a low forecast of 5.8 NZD and a high forecast of 6.85 NZD.

Lowest
Price Target
5.8 NZD
5% Downside
Average
Price Target
6.2 NZD
2% Upside
Highest
Price Target
6.85 NZD
12% Upside
Meridian Energy Ltd Competitors:
Price Targets
GREENPOWER
Orient Green Power Company Ltd
13% Downside
JPPOWER
Jaiprakash Power Ventures Ltd
85% Downside
RNW
TransAlta Renewables Inc
4% Upside
6869
J&V Energy Technology Co Ltd
21% Downside
CKP
CK Power PCL
19% Upside
NHPC
NHPC Ltd
27% Downside
600163
Zhongmin Energy Co Ltd
57% Upside
PGEO
Pertamina Geothermal Energy PT Tbk
17% Upside

Revenue
Forecast

Revenue Estimate
Meridian Energy Ltd

For the last 8 years the compound annual growth rate for Meridian Energy Ltd's revenue is 4%. The projected CAGR for the next 3 years is 11%.

4%
Past Growth
11%
Estimated Growth
Estimates Accuracy
-3%
Average Miss

Operating Income
Forecast

Operating Income Estimate
Meridian Energy Ltd

For the last 8 years the compound annual growth rate for Meridian Energy Ltd's operating income is -10%. The projected CAGR for the next 3 years is 76%.

-10%
Past Growth
76%
Estimated Growth
Estimates Accuracy
-6%
Average Miss

Net Income
Forecast

Net Income Estimate
Meridian Energy Ltd

For the last 8 years the compound annual growth rate for Meridian Energy Ltd's net income is -11%. The projected CAGR for the next 3 years is 84%.

-11%
Past Growth
84%
Estimated Growth
Estimates Accuracy
-25%
Average Miss

See Also

Discover More
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 is available on other sites you are seeing are mostly from the sell-side analysts.

What is MEL's stock price target?
Price Target
6.2 NZD

According to Wall Street analysts, the average 1-year price target for MEL is 6.2 NZD with a low forecast of 5.8 NZD and a high forecast of 6.85 NZD.

What is Meridian Energy Ltd's Revenue forecast?
Projected CAGR
11%

For the last 8 years the compound annual growth rate for Meridian Energy Ltd's revenue is 4%. The projected CAGR for the next 3 years is 11%.

What is Meridian Energy Ltd's Operating Income forecast?
Projected CAGR
76%

For the last 8 years the compound annual growth rate for Meridian Energy Ltd's operating income is -10%. The projected CAGR for the next 3 years is 76%.

What is Meridian Energy Ltd's Net Income forecast?
Projected CAGR
84%

For the last 8 years the compound annual growth rate for Meridian Energy Ltd's net income is -11%. The projected CAGR for the next 3 years is 84%.