MRUS
FY2028 EPS Estimate
$0.17
FY2028E EPS$0.17
FY2029E EPS$5.36

Analyst Sentiment

Wall St. Consensus
Hold
21 analysts·High coverage
62
Score
10 Buy (48%)11 Hold (52%)0 Sell (0%)
Rating Breakdown
Strong Buy
00%
Buy
1048%
Hold
1152%
Sell
00%
Strong Sell
00%

Analyst ratings reflect Wall Street opinion, not guarantees. Historical accuracy varies by firm and sector.

Price Target Expectations

Bear
$30.00
-66.7%
Consensus
$97.00
+7.8%
Bull
$99.00
+10.0%
12-Month Target Range21 analysts
$30.00$97.00$99.00
Current $90.00Consensus
Current Price
$90.00
Upside to Consensus
$7.00

Price targets are 12-month analyst forecasts. Actual results depend on earnings, market conditions, and sector trends.

Earnings & Revenue Estimates

Forward Growth Estimates (YoY)
FY2027
Rev+282.31%
EPS
FY2028
Rev+212.29%
EPS
FY2029
Rev+107.93%
EPS+2976.29%
Raw consensus estimates (low / average / high) from covering analysts.
Annual
MetricFY2026EFY2027EFY2028EFY2029E
Revenue Avg$49M$189M$589M$1.22B
Low$25M$55M$172M$358M
High$70M$376M$1.17B$2.44B
EBITDA Avg$-357M$-278M$17M$468M
Low$-381M$-443M$-2.68B$67M
High$-226M$259M$2.74B$1.03B
EBIT Avg$-360M$-284M$3M$436M
Low$-384M$-448M$-2.69B$35M
High$-229M$253M$2.73B$999M
Net Income Avg$-360M$-284M$2M$344M
Low$-384M$-448M$-2.69B$28M
High$-229M$200M$2.16B$789M
EPS Avg$-4.93$-3.74$0.17$5.36
Low$-5.99$-6.98$-41.89$0.43
High$-3.57$3.12$33.56$12.29
Analysts (Rev / EPS)10 / 813 / 107 / 73 / 2
Quarterly
MetricQ3 2026Q4 2026Q1 2027Q2 2027Q3 2027Q4 2027
Revenue Avg$10M$9M$6M$6M$6M$7M
Low$10M$9M$6M$6M$6M$7M
High$10M$9M$6M$6M$6M$7M
EBITDA Avg$-93M$-101M$-65M$-66M$-68M$-71M
Low$-93M$-101M$-65M$-66M$-68M$-71M
High$-93M$-101M$-65M$-66M$-68M$-71M
EBIT Avg$-93M$-102M$-66M$-67M$-69M$-72M
Low$-93M$-102M$-66M$-67M$-69M$-72M
High$-93M$-102M$-66M$-67M$-69M$-72M
Net Income Avg$-93M$-102M$-66M$-67M$-69M$-72M
Low$-93M$-102M$-66M$-67M$-69M$-72M
High$-93M$-102M$-66M$-67M$-69M$-72M
EPS Avg$-1.23$-1.34$-0.87$-0.88$-0.91$-0.95
Low$-1.23$-1.34$-0.87$-0.88$-0.91$-0.95
High$-1.23$-1.34$-0.87$-0.88$-0.91$-0.95
Analysts (Rev / EPS)1 / 11 / 11 / 11 / 11 / 11 / 1

Earnings Surprises

Recent Analyst Actions

Oct 31, 2025BMO Capital
BMO Capital Reiterates Market Perform Rating on Merus N.V. (MRUS), offers bullish comments
Target:$97.00
+2.2%from $94.90
Oct 6, 2025Leerink Partners
Merus downgraded to Market Perform from Outperform at Leerink
Target:$97.00
+2.9%from $94.29
Sep 30, 2025UBS
Merus downgraded to Neutral from Buy at UBS
Target:$97.00
+3.6%from $93.67
Sep 30, 2025Barclays
Merus downgraded to Equal Weight from Overweight at Barclays
Target:$97.00
+3.6%from $93.67
Sep 29, 2025H.C. Wainwright
Merus downgraded to Neutral from Buy at H.C. Wainwright
Target:$97.00
+3.6%from $93.66
Sep 29, 2025Canaccord Genuity
Merus downgraded to Hold from Buy at Canaccord
Target:$97.00
+3.6%from $93.66
Sep 29, 2025Truist Financial
Merus downgraded to Hold from Buy at Truist
Target:$97.00
+3.3%from $93.89
Sep 29, 2025Wells Fargo
Merus downgraded to Equal Weight from Overweight at Wells Fargo
Target:$97.00
+2.7%from $94.46
Sep 16, 2025Barclays
Merus initiated with an Overweight at Barclays
Target:$112.00
+67.4%from $66.90
Aug 25, 2025Industrial Alliance Securities
Merus initiated with a Buy at Alliance Global Partners
Target:$90.00
+36.9%from $65.74
May 23, 2025BMO Capital
Merus price target raised to $110 from $96 at BMO Capital
Target:$110.00
+99.5%from $55.14
Dec 2, 2024BMO Capital
BMO Capital Maintains Outperform Rating on Merus N.V. (MRUS), Reiterates Top Pick Designation
Target:$95.00
+95.8%from $48.53
Nov 21, 2024Goldman Sachs
Goldman Sachs Starts Merus N.V. (MRUS) at Buy
Target:$73.00
+43.9%from $50.74
Oct 24, 2024UBS
UBS Starts Merus N.V. (MRUS) at Buy
Target:$72.00
+37.6%from $52.31
Aug 5, 2024Needham
Merus N.V. (MRUS) PT Lowered to $85 at Needham
Target:$85.00
+69.5%from $50.14
Jun 17, 2024Stifel Nicolaus
Merus price target raised to $99 from $90 at Stifel
Target:$99.00
+75.1%from $56.55
Jun 4, 2024Truist Financial
Merus price target raised to $88 from $69 at Truist
Target:$88.00
+66.2%from $52.94
Jun 4, 2024BMO Capital
Merus N.V. (MRUS) PT Raised to $91 at BMO Capital
Target:$91.00
+71.9%from $52.94
Jun 4, 2024Canaccord Genuity
Merus price target raised to $67 from $54 at Canaccord
Target:$67.00
+26.6%from $52.94
May 29, 2024H.C. Wainwright
Merus N.V. (MRUS) PT Raised to $85 at H.C. Wainwright
Target:$85.00
+54.9%from $54.87
May 28, 2024BMO Capital
Merus N.V. (MRUS) PT Raised to $84 at BMO Capital
Target:$84.00
+56.0%from $53.86
May 28, 2024Stifel Nicolaus
Merus price target raised to $90 from $65 at Stifel
Target:$90.00
+64.2%from $54.80
May 24, 2024Truist Financial
Merus data coming early nothing to be worried about, says Truist
Target:$69.00
+13.1%from $60.99
May 24, 2024BMO Capital
BMO Capital Reiterates Outperform Rating on Merus N.V. (MRUS)
Target:$58.00
-1.0%from $58.60
Nov 16, 2022Citigroup
Citigroup Maintains Buy on Merus, Lowers Price Target to $30
Target:$30.00
+64.4%from $18.25
Data is provided for informational purposes only and does not constitute investment advice. Past performance is not indicative of future results.