$29.65
0[0.00%]
At close: Apr 24
$29.65
0[0.00%]
PreMarket: 4:00PM EDT
Model N Stock (NYSE:MODN), Analyst Ratings, Price Targets, Predictions
Model N Inc has a consensus price target of $23.45, established from looking at the 41 latest analyst ratings. The last 3 analyst ratings were released from JMP Securities, Needham, and Morgan Stanley on April 23, 2024, April 22, 2024, and April 10, 2024. With an average price target of $10 between JMP Securities, Needham, and Morgan Stanley, there's an implied -66.27% downside for Model N Inc from these 3 analyst ratings.
Analyst Firms Making Recommendations1
JMP Securities
Needham
Morgan Stanley
Craig-Hallum
RBC Capital
1calculated from analyst ratings published within the last 3 years
Analyst Ratings for Model N
date | ticker | Buy Now | Company | Current price | Upside/Downside | Analyst Firm | Analyst & % Accurate | Price Target Change | Rating Change | Previous / Current Rating | Get Alert |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 04/23/2024 | MODN | Buy Now | Model N | $29.65 | — | JMP Securities | Joe Goodwin | — | Reiterates | → Market Perform | Get Alert |
| 04/22/2024 | MODN | Buy Now | Model N | $29.65 | — | Needham | Ryan MacDonald | — | Reiterates | → Hold | Get Alert |
| 04/10/2024 | MODN | Buy Now | Model N | $29.65 | 1.18% | Morgan Stanley | Craig Hettenbach | $37 → $30 | Downgrade | Overweight → Equal-Weight | Get Alert |
| 04/09/2024 | MODN | Buy Now | Model N | $29.65 | — | JMP Securities | Joe Goodwin | — | Reiterates | → Market Perform | Get Alert |
| 04/09/2024 | MODN | Buy Now | Model N | $29.65 | 1.18% | Craig-Hallum | Chad Bennett | → $30 | Downgrade | Buy → Hold | Get Alert |
| 04/09/2024 | MODN | Buy Now | Model N | $29.65 | 1.18% | RBC Capital | Rishi Jaluria | → $30 | Reiterates | Sector Perform → Sector Perform | Get Alert |
| 04/09/2024 | MODN | Buy Now | Model N | $29.65 | — | Needham | Ryan MacDonald | — | Downgrade | Buy → Hold | Get Alert |
| 04/08/2024 | MODN | Buy Now | Model N | $29.65 | 1.18% | Baird | Jon Vruwink | → $30 | Downgrade | Outperform → Neutral | Get Alert |
| 02/07/2024 | MODN | Buy Now | Model N | $29.65 | — | JMP Securities | Joe Goodwin | — | Downgrade | Market Outperform → Market Perform | Get Alert |
| 12/13/2023 | MODN | Buy Now | Model N | $29.65 | -15.68% | JP Morgan | Anne Samuel | $30 → $25 | Downgrade | Overweight → Neutral | Get Alert |
| 11/24/2023 | MODN | Buy Now | Model N | $29.65 | 1.18% | JMP Securities | Joe Goodwin | $44 → $30 | Maintains | Outperform | Get Alert |
| 11/15/2023 | MODN | Buy Now | Model N | $29.65 | 24.79% | Morgan Stanley | Craig Hettenbach | $40 → $37 | Maintains | Overweight | Get Alert |
| 11/13/2023 | MODN | Buy Now | Model N | $29.65 | 21.42% | Goldman Sachs | Adam Hotchkiss | $42 → $36 | Maintains | Buy | Get Alert |
| 11/10/2023 | MODN | Buy Now | Model N | $29.65 | 1.18% | RBC Capital | Rishi Jaluria | $35 → $30 | Maintains | Sector Perform | Get Alert |
| 11/10/2023 | MODN | Buy Now | Model N | $29.65 | — | BTIG | Matt VanVliet | — | Downgrade | Buy → Neutral | Get Alert |
| 11/10/2023 | MODN | Buy Now | Model N | $29.65 | 21.42% | Goldman Sachs | Adam Hotchkiss | $42 → $36 | Maintains | Buy | Get Alert |
| 11/10/2023 | MODN | Buy Now | Model N | $29.65 | 4.55% | Needham | Ryan MacDonald | $37 → $31 | Maintains | Buy | Get Alert |
| 09/05/2023 | MODN | Buy Now | Model N | $29.65 | 48.4% | JMP Securities | Joe Goodwin | → $44 | Reiterates | Market Outperform → Market Outperform | Get Alert |
| 08/09/2023 | MODN | Buy Now | Model N | $29.65 | 34.91% | Morgan Stanley | Craig Hettenbach | $43 → $40 | Maintains | Overweight | Get Alert |
FAQ
What is the target price for Model N (MODN)?
The latest price target for Model N (NYSE: MODN) was reported by JMP Securities on April 23, 2024. The analyst firm set a price target for $0.00 expecting MODN to fall to within 12 months (a possible -100.00% downside). 31 analyst firms have reported ratings in the last year.
What is the most recent analyst rating for Model N (MODN)?
The latest analyst rating for Model N (NYSE: MODN) was provided by JMP Securities, and Model N reiterated their market perform rating.
When was the last upgrade for Model N (MODN)?
The last upgrade for Model N Inc happened on December 14, 2021 when JP Morgan raised their price target to $38. JP Morgan previously had a neutral for Model N Inc.
When was the last downgrade for Model N (MODN)?
The last downgrade for Model N Inc happened on April 10, 2024 when Morgan Stanley changed their price target from $37 to $30 for Model N Inc.
When is the next analyst rating going to be posted or updated for Model N (MODN)?
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Model N, 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 Model N was filed on April 23, 2024 so you should expect the next rating to be made available sometime around April 23, 2025.
Is the Analyst Rating Model N (MODN) correct?
While ratings are subjective and will change, the latest Model N (MODN) rating was a reiterated with a price target of $0.00 to $0.00. The current price Model N (MODN) is trading at is $29.65, which is out of the analyst’s predicted range.
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