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NASDAQ: MIME
Mimecast Ltd Stock Forecast, Predictions & Price Target

Analyst price target for MIME

Based on 6 analysts offering 12 month price targets for Mimecast Ltd.
Min Forecast
$55.00-26.67%
Avg Forecast
$72.00-4%
Max Forecast
$88.00+17.33%

Should I buy or sell MIME stock?

Based on 7 analysts offering ratings for Mimecast Ltd.
Buy
Strong Buy
2 analysts 28.57%
Buy
2 analysts 28.57%
Hold
3 analysts 42.86%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

MIME stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
RBC Capital
Top 14%
87
BuyMaintains$88.00+17.33%2021-11-03
Stephens & Co.
Bottom 33%
33
Strong BuyMaintains$81.00+8.00%2021-10-28
Barclays
Top 18%
83
Strong BuyMaintains$75.000.00%2021-10-13
Loop Capital
Top 6%
95
HoldDowngradesN/AN/A2021-07-26
Needham
Top 1%
100
BuyMaintains$75.000.00%2021-07-14
Jefferies
Top 1%
100
HoldDowngrades$55.00-26.67%2021-01-11
BMO Capital
Top 5%
96
HoldDowngrades$58.00-22.67%2021-01-04

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Forecast return on equity

Is MIME forecast to generate an efficient return?
Company
N/A
Industry
-30.36%
Market
37.06%

Forecast return on assets

Is MIME forecast to generate an efficient return on assets?
Company
N/A
Industry
15.96%

MIME earnings per share forecast

What is MIME's earnings per share in the next 2 years based on estimates from 5 analysts?
Avg 1 year Forecast
$0.63-7.35%
Avg 2 year Forecast
$0.85+25%
MIME's earnings are forecast to grow at a rate of 16.31% per year, which is not exceptional
Forecast

MIME revenue forecast

What is MIME's revenue in the next 3 years based on estimates from 4 analysts?
Avg 1 year Forecast
$592.1M+7.02%
Avg 2 year Forecast
$683.1M+23.45%
Avg 3 year Forecast
$849.1M+53.45%
MIME's revenue is forecast to grow at a rate of 13.81% per year, which is not exceptional
Forecast

MIME earnings growth forecast

How is MIME forecast to perform vs Software - Infrastructure companies and vs the US market?
Company
16.31%
Industry
4.89%
Market
14.37%
MIME's earnings are forecast to grow faster (16.31% per year) than the US Software - Infrastructure industry average (4.89%)
Forecast
MIME's earnings are forecast to grow faster (16.31% per year) than the US market average (14.37%)
Forecast
MIME's earnings are forecast to grow faster (16.31% per year) than the risk-free savings rate (1.4%)
Forecast

MIME revenue growth forecast

How is MIME forecast to perform vs Software - Infrastructure companies and vs the US market?
Company
13.81%
Industry
11.95%
Market
10.03%
MIME's revenues are forecast to grow faster (13.81% per year) than the US Software - Infrastructure industry average (11.95%)
Forecast
MIME's revenues are forecast to grow faster (13.81% per year) than the US market average (10.03%)
Forecast

Mimecast Ltd Stock Forecast FAQ

Is Mimecast Ltd Stock a good buy in 2021, according to Wall Street analysts?

The consensus among 7 Wall Street analysts covering (NASDAQ: MIME) stock is to Buy MIME stock.

Out of 7 analysts, 2 (28.57%) are recommending MIME as a Strong Buy, 2 (28.57%) are recommending MIME as a Buy, 3 (42.86%) are recommending MIME as a Hold, 0 (0%) are recommending MIME as a Sell, and 0 (0%) are recommending MIME as a Strong Sell.

What is MIME's earnings growth forecast for 2022-2023?

(NASDAQ: MIME) Mimecast Ltd's forecast annual earnings growth rate of 16.31% is forecast to beat the US Software - Infrastructure industry's average forecast earnings growth rate of 4.89%, and and it is also forecast to beat the US market's average forecast earnings growth rate of 14.37%.

Mimecast Ltd's earnings in 2021 is $44,212,000.On average, 5 Wall Street analysts forecast MIME's earnings for 2022 to be $41,828,698, with the lowest MIME earnings forecast at $39,836,855, and the highest MIME earnings forecast at $42,492,645.

In 2023, MIME is forecast to generate $56,435,544 in earnings, with the lowest earnings forecast at $53,779,754 and the highest earnings forecast at $60,419,230.

What is MIME's revenue growth forecast for 2022-2024?

(NASDAQ: MIME) Mimecast Ltd's forecast annual revenue growth rate of 13.81% is forecast to beat the US Software - Infrastructure industry's average forecast revenue growth rate of 11.95%, and and it is also forecast to beat the US market's average forecast revenue growth rate of 10.03%.

Mimecast Ltd's revenue in 2021 is $553,312,000.On average, 4 Wall Street analysts forecast MIME's revenue for 2022 to be $39,314,992,002, with the lowest MIME revenue forecast at $39,279,138,833, and the highest MIME revenue forecast at $39,381,386,760. On average, 4 Wall Street analysts forecast MIME's revenue for 2023 to be $45,353,595,242, with the lowest MIME revenue forecast at $44,418,093,102, and the highest MIME revenue forecast at $46,554,676,414.

In 2024, MIME is forecast to generate $56,373,133,227 in revenue, with the lowest revenue forecast at $56,373,133,227 and the highest revenue forecast at $56,373,133,227.

What is MIME's forecast return on assets (ROA) for 2022-2024?

(NASDAQ: MIME) forecast ROA is N/A, which is lower than the forecast US Software - Infrastructure industry average of 15.96%.

What is MIME's Price Target?

According to 6 Wall Street analysts that have issued a 1 year MIME price target, the average MIME price target is $72.00, with the highest MIME stock price forecast at $88.00 and the lowest MIME stock price forecast at $55.00.

On average, Wall Street analysts predict that Mimecast Ltd's share price could stay at $72.00 by Nov 3, 2022. The average Mimecast Ltd stock price prediction forecasts a potential downside of N/A from the current MIME share price of $75.00.

What is MIME's Earnings Per Share (EPS) forecast for 2022-2023?

(NASDAQ: MIME) Mimecast Ltd's current Earnings Per Share (EPS) is $0.68. On average, analysts forecast that MIME's EPS will be $0.63 for 2022, with the lowest EPS forecast at $0.60, and the highest EPS forecast at $0.64. In 2023, MIME's EPS is forecast to hit $0.85 (min: $0.81, max: $0.91).

What is MIME's forecast return on equity (ROE) for 2022-2024?

(NASDAQ: MIME) forecast ROE is N/A, which is considered weak.
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