From what 6 stock analysts predict, the share price for Masimo Corp (MASI) might increase by 11.65% in the next year. This is based on a 12-month average estimation for MASI. Price targets go from $125 to $170. The majority of stock analysts believe MASI is a buy. Please note analyst price targets are not guaranteed and could be missed completely.
About 6 Wall Street analysts have assignedMASI 3 buy ratings, 3 hold ratings, and 0 sell ratings. This means that analysts expect Masimo Corp to hold. Keep in mind that these ratings are typically refreshed every quarter, underscoring the importance of conducting your own research on MASI. Don't forget to include both technical and fundamental analysis, as well as staying informed on news that could influence these ratings, in your due diligence.
These are the latest 20 analyst ratings of MASI.
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
---|---|---|---|---|
Mike Matson Needham | Hold | Reiterates | Sep 25, 2024 | |
Mike Matson Needham | Hold | Reiterates | Sep 20, 2024 | |
Mike Matson Needham | Hold | Reiterates | Aug 7, 2024 | |
Jason Bednar Piper Sandler | Overweight | $165 | Maintains | Aug 7, 2024 |
Mike Matson Needham | Hold | Reiterates | Jul 9, 2024 | |
Jason Bednar Piper Sandler | Overweight | $160 | Upgrade | Jun 3, 2024 |
Jason Bednar Piper Sandler | Neutral | $126 | Maintains | May 8, 2024 |
Mike Matson Needham | Hold | Reiterates | May 8, 2024 | |
Rick Wise Stifel | Buy | $170 | Upgrade | Apr 15, 2024 |
Vik Chopra Wells Fargo | Overweight | $160 | Upgrade | Mar 25, 2024 |
Marie Thibault BTIG | Buy | $166 | Maintains | Mar 25, 2024 |
Rick Wise Stifel | Hold | $148 | Maintains | Mar 25, 2024 |
Jason Bednar Piper Sandler | Neutral | $117 | Maintains | Feb 26, 2024 |
Matthew Taylor Jefferies | Hold | $121 | Downgrade | Jan 30, 2024 |
Mike Matson Needham | Hold | Downgrade | Jan 3, 2024 | |
Mike Matson Needham | Buy | $86 | Maintains | Nov 8, 2023 |
Jayson Bedford Raymond James | Market Perform | Downgrade | Nov 8, 2023 | |
Vik Chopra Wells Fargo | Equal-Weight | $81 | Maintains | Nov 8, 2023 |
Jayson Bedford Raymond James | Outperform | $142 | Maintains | Aug 10, 2023 |
Vik Chopra Wells Fargo | Equal-Weight | $110 | Maintains | Aug 9, 2023 |
When did it IPO
2007
Staff Count
3,800
Country
United States
Sector/Industry
Healthcare/Medical Devices
CEO
Mr. Joseph E. Kiani
Market Cap
$7.42B
In 2023, MASI generated $2.05B in revenue, which was a increase of 0.60% from the previous year. This can be seen as a signal that MASI's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2020
Revenue From 2021
Revenue From 2022
Revenue From 2023
Summary - Masimo CEO Joe Kiani has resigned following a shareholder vote that removed him from the company's board.
Why It Matters - Joe Kiani's resignation as CEO, following shareholder actions, signals potential instability and management changes at Masimo, which could impact stock performance and investor confidence.
Summary - Masimo stock rose following CEO Joe Kiani's resignation, while other executives remain with the company.
Why It Matters - CEO resignations can signal instability, but the retention of other executives suggests continuity in leadership, potentially stabilizing investor confidence and supporting stock performance.
Summary - A medical technology company specializing in monitoring devices has appointed an interim CEO after the resignation of its previous chief executive.
Why It Matters - Leadership changes can lead to shifts in strategy or operational focus, impacting company performance and stock prices. Uncertainty around management can raise investor concerns about future stability.
Summary - Masimo's Board appointed Michelle Brennan as interim CEO following Joe Kiani's resignation. Darlene Solomo was elected by shareholders at the recent Annual Meeting.
Why It Matters - Leadership changes can signal strategic shifts or instability, affecting investor confidence and stock performance. The resignation of the CEO may lead to volatility in Masimo's shares.
Summary - Masimo (MASI) saw a rise in share price with above-average trading volume, but recent earnings estimate revisions indicate potential weakness ahead.
Why It Matters - Masimo's share price surge on high volume signals investor interest, but stagnant earnings estimates may indicate limited future growth potential, impacting long-term investment decisions.
Summary - Activist investor Politan gained two board seats at Masimo, winning against founder Joe Kiani in a shareholder vote. Darlene Solomon and Bill Jellison will join the board.
Why It Matters - The election of Politan's nominees at Masimo signals a shift in governance, potentially leading to strategic changes that could impact the company's performance and stock value.