Mersana Therapeutics Inc has a consensus price target of $6.25 based on the ratings of 9 analysts. The high is $14 issued by SVB Leerink on August 9, 2022. The low is $1 issued by Citigroup on July 28, 2023. The 3 most-recent analyst ratings were released by Truist Securities, Guggenheim, and Citigroup on May 16, 2025, May 16, 2025, and August 27, 2024, respectively. With an average price target of $6.67 between Truist Securities, Guggenheim, and Citigroup, there's an implied 1645.20% upside for Mersana Therapeutics Inc from these most-recent analyst ratings.
1calculated from analyst ratings
Buy Now | Get Alert | |||||||
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05/16/2025 | Buy Now | 2517.8% | Truist Securities | Asthika Goonewardene42% | $9 → $10 | Maintains | Buy | Get Alert |
05/16/2025 | Buy Now | 1208.9% | Guggenheim | Michael Schmidt58% | $5 → $5 | Reiterates | Buy → Buy | Get Alert |
02/06/2025 | Buy Now | — | William Blair | Andy Hsieh26% | — | Initiates | → Outperform | Get Alert |
08/27/2024 | Buy Now | 1208.9% | Citigroup | Ashiq Mubarack36% | $6 → $5 | Maintains | Buy | Get Alert |
08/14/2024 | Buy Now | 685.34% | Baird | Colleen Kusy33% | $4 → $3 | Maintains | Neutral | Get Alert |
03/19/2024 | Buy Now | 1208.9% | JP Morgan | Brian Cheng38% | → $5 | Upgrade | Underweight → Neutral | Get Alert |
02/29/2024 | Buy Now | 1732.46% | Wedbush | David Nierengarten59% | $2 → $7 | Upgrade | Neutral → Outperform | Get Alert |
02/29/2024 | Buy Now | 2256.02% | Truist Securities | Asthika Goonewardene42% | $9 → $9 | Upgrade | Hold → Buy | Get Alert |
02/29/2024 | Buy Now | 1208.9% | Baird | Colleen Kusy33% | $1 → $5 | Maintains | Neutral | Get Alert |
02/29/2024 | Buy Now | 1732.46% | Guggenheim | Michael Schmidt58% | → $7 | Upgrade | Neutral → Buy | Get Alert |
12/04/2023 | Buy Now | 1208.9% | Citigroup | Ashiq Mubarack36% | $1 → $5 | Upgrade | Neutral → Buy | Get Alert |
07/28/2023 | Buy Now | 161.78% | Citigroup | Ashik Kurian35% | $10 → $1 | Downgrade | Buy → Neutral | Get Alert |
07/28/2023 | Buy Now | 161.78% | Baird | Colleen Kusy33% | $7 → $1 | Downgrade | Outperform → Neutral | Get Alert |
07/27/2023 | Buy Now | 423.56% | Wedbush | David Nierengarten59% | $12 → $2 | Downgrade | Outperform → Neutral | Get Alert |
07/27/2023 | Buy Now | — | Truist Securities | Asthika Goonewardene42% | — | Downgrade | Buy → Hold | Get Alert |
06/16/2023 | Buy Now | 2517.8% | Citigroup | Ashik Kurian35% | $15 → $10 | Maintains | Buy | Get Alert |
06/16/2023 | Buy Now | 1208.9% | JP Morgan | Brian Cheng38% | $11 → $5 | Downgrade | Overweight → Neutral | Get Alert |
06/15/2023 | Buy Now | 3564.92% | Guggenheim | Michael Schmidt58% | → $14 | Initiates | → Buy | Get Alert |
05/11/2023 | Buy Now | 3826.7% | Citigroup | Ashik Kurian35% | $12 → $15 | Maintains | Buy | Get Alert |
03/16/2023 | Buy Now | 2517.8% | JP Morgan | Brian Cheng38% | → $10 | Upgrade | Neutral → Overweight | Get Alert |
11/21/2022 | Buy Now | 3041.36% | Truist Securities | Asthika Goonewardene42% | → $12 | Initiates | → Buy | Get Alert |
08/09/2022 | Buy Now | 5135.6% | Baird | Colleen Kusy33% | $18 → $20 | Maintains | Outperform | Get Alert |
08/09/2022 | Buy Now | 3564.92% | SVB Leerink | Jonathan Chang38% | $13 → $14 | Maintains | Outperform | Get Alert |
The latest price target for Mersana Therapeutics (NASDAQ:MRSN) was reported by Truist Securities on May 16, 2025. The analyst firm set a price target for $10.00 expecting MRSN to rise to within 12 months (a possible 2537.13% upside). 5 analyst firms have reported ratings in the last year.
The latest analyst rating for Mersana Therapeutics (NASDAQ:MRSN) was provided by Truist Securities, and Mersana Therapeutics maintained their buy rating.
The last upgrade for Mersana Therapeutics Inc happened on March 19, 2024 when JP Morgan raised their price target to $5. JP Morgan previously had an underweight for Mersana Therapeutics Inc.
The last downgrade for Mersana Therapeutics Inc happened on July 28, 2023 when Citigroup changed their price target from $10 to $1 for Mersana Therapeutics Inc.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Mersana Therapeutics, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Mersana Therapeutics was filed on May 16, 2025 so you should expect the next rating to be made available sometime around May 16, 2026.
While ratings are subjective and will change, the latest Mersana Therapeutics (MRSN) rating was a maintained with a price target of $9.00 to $10.00. The current price Mersana Therapeutics (MRSN) is trading at is $0.38, which is out of the analyst’s predicted range.
Browse analyst ratings and price targets on all stocks.
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