Mirum Pharmaceuticals Inc

Mirum Pharmaceuticals Inc Stock Forecast & Price Prediction

Live Mirum Pharmaceuticals Inc Stock (MIRM) Price
$46.22

11

Ratings

  • Buy 11
  • Hold 0
  • Sell 0
Disclaimer : Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance. This information is for educational purposes only and should not be construed as advice to buy or sell any security.

Stock Price

$46.22

P/E Ratio

-11.56

Volume Traded Today

$206,900

Dividend

Dividends not available for MIRM

52 Week High/low

48.89/23.14

Mirum Pharmaceuticals Inc Market Cap

$2.24B

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MIRM Summary

Based on ratings from 11 stock analysts, the Mirum Pharmaceuticals Inc stock price is expected to increase by 35.32% in 12 months. This is calculated by using the average 12-month stock price forecast for Mirum Pharmaceuticals Inc. The lowest target is $50 and the highest is $73. Please note analyst price targets are not guaranteed and could be missed completely.

MIRM Analyst Ratings

About 11 Wall Street analysts have assigned MIRM 11 buy ratings, 0 hold ratings, and 0 sell ratings. This means that analysts expect Mirum Pharmaceuticals Inc to outperform the market. Keep in mind that these ratings are typically refreshed every quarter, underscoring the importance of conducting your own research on MIRM. 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.

MIRM stock forecast by analyst

These are the latest 20 analyst ratings of MIRM.

Analyst/Firm

Rating

Price Target

Change

Date

Brian Skorney
Baird

Outperform

$50

Maintains

Nov 13, 2024
Ed Arce
HC Wainwright & Co.

Buy

$66

Reiterates

Nov 13, 2024
David Lebowitz
Citigroup

Buy

$68

Maintains

Nov 13, 2024
Mani Foroohar
Leerink Partners

Outperform

$49

Maintains

Oct 17, 2024
Ed Arce
HC Wainwright & Co.

Buy

$66

Reiterates

Oct 11, 2024
Gavin Clark-Gartner
Evercore ISI Group

Outperform

$66

Maintains

Aug 8, 2024
Josh Schimmer
Cantor Fitzgerald

Overweight

$60

Maintains

Aug 8, 2024
Brian Skorney
Baird

Outperform

$44

Maintains

Aug 8, 2024
Ed Arce
HC Wainwright & Co.

Buy

$66

Reiterates

Jul 26, 2024
Ed Arce
HC Wainwright & Co.

Buy

$66

Reiterates

Jul 8, 2024
Ed Arce
HC Wainwright & Co.

Buy

$66

Reiterates

Jun 28, 2024
Dae Gon Ha
Stifel

Buy

$66

Maintains

Jun 20, 2024
Michael Ulz
Morgan Stanley

Overweight

$57

Maintains

Jun 18, 2024
David Lebowitz
Citigroup

Buy

$64

Maintains

Jun 18, 2024
Jessica Fye
JP Morgan

Overweight

$39

Maintains

Jun 18, 2024
Jonathan Wolleben
JMP Securities

Market Outperform

$68

Maintains

Jun 18, 2024
Brian Skorney
Baird

Outperform

$39

Maintains

Jun 17, 2024
Ed Arce
HC Wainwright & Co.

Buy

$66

Maintains

Jun 17, 2024
Dae Gon Ha
Stifel

Buy

$48

Reiterates

Jun 17, 2024
Ed Arce
HC Wainwright & Co.

Buy

$58

Reiterates

Jun 7, 2024

MIRM Company Information

What They Do: Develops therapies for rare and orphan diseases.

Business Model: The company focuses on developing and commercializing innovative biopharmaceuticals, specifically targeting rare diseases. It generates revenue through the sales of its approved therapies, such as LIVMARLI, Cholbam, and Chenodal, while also pursuing advanced clinical trials for new treatments like Volixibat.

Other Information: Founded in 2018 and based in Foster City, California, the company is strategically positioned in the biopharmaceutical market, addressing unmet medical needs in rare disease populations. Its robust pipeline and existing products indicate potential for growth in a niche but critical sector of healthcare.
MIRM
Mirum Pharmaceuticals Inc (MIRM)

When did it IPO

2019

Staff Count

311

Country

United States

Sector/Industry

Healthcare/Biotechnology

CEO

Mr. Christopher Peetz

Market Cap

$2.24B

Mirum Pharmaceuticals Inc (MIRM) Financial Data

In 2023, MIRM generated $186.4M in revenue, which was a increase of 0.00% from the previous year. This can be seen as a signal that MIRM'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

N/A

Revenue From 2021

N/A

0.00 %
From Previous Year

Revenue From 2022

N/A

0.00 %
From Previous Year

Revenue From 2023

$186.4M

0.00 %
From Previous Year
  • Revenue TTM $307.0M
  • Operating Margin TTM -14.0%
  • Gross profit TTM $139.3M
  • Return on assets TTM -9.1%
  • Return on equity TTM -39.8%
  • Profit Margin -32.5%
  • Book Value Per Share 4.84%
  • Market capitalisation $2.24B
  • Revenue for 2021 N/A
  • Revenue for 2022 N/A
  • Revenue for 2023 $186.4M
  • EPS this year (TTM) $-2.08

Mirum Pharmaceuticals Inc (MIRM) Latest News

News Image

Thu, 14 Nov 2024

Sentiment - NEUTRAL

Source - Business Wire

Summary - Mirum Pharmaceuticals will present data on its LIVMARLI and Volixibat clinical programs at AASLD's The Liver Meeting, indicating ongoing research and development efforts.

Why It Matters - Mirum Pharmaceuticals' presentation at a key medical conference highlights its clinical advancements, potentially influencing stock performance and investor sentiment in the biotech sector.

News Image

Tue, 12 Nov 2024

Sentiment - NEUTRAL

Source - Seeking Alpha

Summary - Mirum Pharmaceuticals will hold its Q3 2024 Earnings Conference Call on November 12, 2024, at 8:30 AM ET, featuring key executives and analysts from major firms.

Why It Matters - The Q3 2024 earnings call will provide insights into Mirum Pharmaceuticals' financial performance and future strategies, influencing investor sentiment and stock valuation.

News Image

Tue, 12 Nov 2024

Sentiment - NEUTRAL

Source - Business Wire

Summary - Mirum Pharmaceuticals has reported its financial results for Q3 2024 and provided a business update. Further details on performance and projections are available in the report.

Why It Matters - Mirum Pharmaceuticals' Q3 2024 results and business update can indicate financial health, growth potential, and future profitability, influencing investment decisions and stock performance.

News Image

Tue, 12 Nov 2024

Sentiment - POSITIVE

Source - Zacks Investment Research

Summary - MIRM's Q3 2024 earnings and revenues exceeded estimates, prompting the company to raise its revenue guidance for 2024.

Why It Matters - MIRM's strong Q3 performance and raised revenue guidance indicate robust growth potential, positively impacting investor confidence and stock valuation.

News Image

Tue, 12 Nov 2024

Sentiment - NEGATIVE

Source - Zacks Investment Research

Summary - Mirum Pharmaceuticals reported a quarterly loss of $0.30 per share, better than the estimated loss of $0.45, and an improvement from a loss of $0.57 per share a year earlier.

Why It Matters - Mirum Pharmaceuticals' smaller-than-expected loss signals improved financial performance, potentially boosting investor confidence and impacting stock price positively.

News Image

Fri, 08 Nov 2024

Sentiment - NEUTRAL

Source - Business Wire

Summary - Mirum Pharmaceuticals announced inducement grants in accordance with Nasdaq Listing Rule 5635(c)(4).

Why It Matters - Mirum Pharmaceuticals' inducement grants may signal potential growth or strategic shifts, affecting investor sentiment and stock performance in response to future developments.

...

MIRM Frequently asked questions

The highest forecasted price for MIRM is $73 from at .

The lowest forecasted price for MIRM is $50 from Mani Foroohar from SVB Leerink

The MIRM analyst ratings consensus are 11 buy ratings, 0 hold ratings, and 0 sell ratings.