Mister Car Wash Inc has a consensus price target of $9.77 based on the ratings of 14 analysts. The high is $12 issued by Baird on February 15, 2024. The low is $6 issued by Goldman Sachs on August 1, 2024. The 3 most-recent analyst ratings were released by Goldman Sachs, JP Morgan, and Wells Fargo on August 1, 2024, May 3, 2024, and April 22, 2024, respectively. With an average price target of $8.17 between Goldman Sachs, JP Morgan, and Wells Fargo, there's an implied 18.44% upside for Mister Car Wash Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Mister Car Wash (NYSE:MCW) was reported by Goldman Sachs on August 1, 2024. The analyst firm set a price target for $6.00 expecting MCW to fall to within 12 months (a possible -12.98% downside). 8 analyst firms have reported ratings in the last year.
The latest analyst rating for Mister Car Wash (NYSE:MCW) was provided by Goldman Sachs, and Mister Car Wash maintained their sell rating.
The last upgrade for Mister Car Wash Inc happened on May 3, 2024 when JP Morgan raised their price target to $8.5. JP Morgan previously had a neutral for Mister Car Wash Inc.
The last downgrade for Mister Car Wash Inc happened on October 21, 2022 when Stifel changed their price target from $17 to $10 for Mister Car Wash Inc.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Mister Car Wash, 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 Mister Car Wash was filed on August 1, 2024 so you should expect the next rating to be made available sometime around August 1, 2025.
While ratings are subjective and will change, the latest Mister Car Wash (MCW) rating was a maintained with a price target of $5.00 to $6.00. The current price Mister Car Wash (MCW) is trading at is $6.90, which is out of the analyst’s predicted range.
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