MMIMMIReal Estate · Real Estate Services

MMI Stock Forecast: Marcus & Millichap, Inc. Price Predictions for 2026-2027

Last close, 11 Sept 2026
$31
+0.64% on the day

The 2 Wall Street analysts covering Marcus & Millichap, Inc. hold a median 12-month price target of $28 — -10.5% from the last close. Ticker Nerd's systematic factor model, run across ~4,600 US stocks, ranks it 95 of 100 as at 10 Sept 2026 — among the strongest tenth. The factors read stronger than the Street's target implies. That gap is the story on this page.

Market cap
$1.2B
Ticker Nerd rank
95 / 100
Median analyst target
$28
Analysts covering
2
Revenue$202.9M+17.8% y/y
Operating income$2.2M
Net income$3.9M
Free cash flow$21.2M
Quarterly, 8 quarters to 30 June 2026 · latest quarter's figure shown
Total return, dividends reinvested
1W
−2.6%
1M
+0.4%
YTD
+15.7%
1Y
−4.1%
From 52W high
−4.5%
From 52W low
+26.2%
$25
$33
52-week range, adjusted closes · the dot is the last close
Ticker Nerd rank

MMI stock analysis: one number for the whole business

Consensus tells you what everyone already believes. The model scores Marcus & Millichap, Inc. on its factor families — the same systematic rank behind the Ticker Nerd portfolio.

Where the model ranks itAs at 10 Sept 2026
95 / 100

Percentile across ~4,600 US stocks on Ticker Nerd’s systematic factor model. Higher is better. How the model is built and tested

Growth
92
Issuance
91
Volatility
85
Quality
75
Revisions
75
Accruals
68
Value
68
Momentum
49
Size
42

Growth (92): Sales and profits are climbing, and climbing faster than before.

Momentum (49): The shares have been drifting down relative to others.

Size (42): Larger than most of the companies we track — more scrutinised, less often mispriced.

Built and run by Aslam Ghouse, an ex-Goldman Sachs quant trader with fourteen years in markets.

Wall Street

MMI stock forecast 2026-2027: analyst price targets & predictions

The bullish and bearish analyst opinions on MMI, reported as data — targets and ratings, the market's view beside the model's.

Share price and the analyst range, 12 monthsAdjusted close, US dollars
$24$26$28$30$32$34Oct 25Jan 26Apr 26Jul 26MMIHigh $28Median $28Low $28

Price targets and ratings are third-party analyst estimates, reported here as data. They are not Ticker Nerd forecasts, and they are frequently wrong.

Data provided by Twelve Data

What Wall Street says2 analysts
0 Buy1 Hold1 Sell
Low $28Median $28High $28

The green dot is the last close — the median target sits −10.5% from it.

Recent analyst actionsNewest first
DateFirmActionRatingTarget
2 Feb 2026Wells FargoMaintainsUnderweight$29$28
2 Feb 2026Wells FargoMaintainsUnderweight
24 Oct 2025Wells FargoMaintainsUnderweight
21 July 2025JMP SecuritiesInitiatesMarket Perform
6 Sept 2024Wells FargoMaintainsUnderweight
30 June 2023Wells FargoMaintainsUnderweight
26 Apr 2023Wells FargoMaintainsUnderweight
27 Jan 2023Wells FargoMaintainsUnderweight
23 Sept 2022Wells FargoMaintainsUnderweight
1 Dec 2021Wells FargoMaintainsUnderweight
10 June 2020Wells FargoMaintainsUnderweight
9 Apr 2020Wells FargoDowngradeUnderweight
22 Aug 2018JMP SecuritiesDowngradeMarket Perform
24 Jan 2018JMP SecuritiesUpgradeMarket Outperform
14 Nov 2017CitigroupUpgradeBuy
10 Nov 2015Goldman SachsUpgradeNeutral
26 Oct 2015JMP SecuritiesDowngradeMarket Perform
12 Aug 2015Goldman SachsDowngradeSell
7 Aug 2015CitigroupMaintainsBuy
8 May 2015CitigroupMaintainsBuy

Price targets and ratings are third-party analyst estimates, reported here as data. They are not Ticker Nerd forecasts, and they are frequently wrong.

Market Radar

This page is one stock. Monday covers all of them.

Computed off the Friday close and sent before the US open.

Market Radar reports the week’s largest rank changes across roughly 4,600 US stocks, the factor behind each one, and where the market went. MMI appears on the weeks it earns a place.

Free, every Monday. Unsubscribe any time.

Performance

MMI vs the S&P 500

Both lines are total return — dividends reinvested — so the comparison is honest on both sides.

Over the twelve months to 11 Sept 2026, Marcus & Millichap, Inc. returned −4.1% against +17.5% for the S&P 500, dividends included.

MMI vs S&P 500, last 12 monthsTotal return, rebased to 100
8090100110120Oct 25Jan 26Apr 26Jul 26MMIS&P 500

Download this chart as an image — free to reuse; link this page as the source.

Data provided by Twelve Data

Estimates

MMI analyst estimate revisions

Not the forecast itself — the direction analysts are revising it. Revision direction is one of the model's factor families.

Which way the estimates are movingNext fiscal year
EPS revision, 90 days
+33.3%
Analysts raising
0
Analysts cutting
1
Fundamentals

Marcus & Millichap, Inc. (MMI) financial data

A margin means little on its own. Each bar marks where the figure sits across the whole US universe we score.

Valuation
Trailing P/E
83.9×

Cheaper than 9% of US stocks

Price / sales
1.4×

Cheaper than 61% of US stocks

Price / book
2.0×

Cheaper than 45% of US stocks

EV / EBITDA
49.7×

Cheaper than 5% of US stocks

Growth & margins
Revenue growth (YoY)
17.8%

Higher than 66% of US stocks

Earnings growth (YoY)
17.8%

Higher than 56% of US stocks

Gross margin
37.6%

Higher than 46% of US stocks

Operating margin
1.1%

Higher than 47% of US stocks

Net margin
1.8%

Higher than 52% of US stocks

Returns & dividend
Return on equity
2.4%

Higher than 48% of US stocks

Return on assets
0.8%

Higher than 48% of US stocks

Dividend yield
1.6%

Higher than 37% of US dividend payers

Bars mark the percentile across the ~4,600 US stocks Ticker Nerd covers, among those reporting the figure.

Key statistics

Marcus & Millichap, Inc. (MMI) statistics: revenue, profit & scale

The headline figures, each with its date. Every row carries its own link — cite it straight from here.

  • Marcus & Millichap, Inc. has a market value of $1.2B and an enterprise value of $1.0B.

  • Revenue in the twelve months to 30 June 2026: $812.2M. The latest quarter grew 17.8% year on year.

  • Net income over the same four quarters: $14.4M, a 1.8% net margin.

  • Diluted earnings per share, trailing twelve months: $0.37.

  • Free cash flow in the twelve months to 30 June 2026: $84.5M.

  • Marcus & Millichap, Inc. spent $43.5M on share buybacks and $20.3M on dividends in the twelve months to 30 June 2026.

  • Shares outstanding: 37.9M.

  • Trailing P/E: 83.9×; forward P/E: 33.4× — the forward figure prices analyst consensus estimates, not reported earnings.

  • Forward dividend yield: 1.61%, paying out 135% of earnings.

  • Marcus & Millichap, Inc. employs 854 people $951K of revenue per employee.

Statement figures: company filings via Twelve Data, four quarters to 30 June 2026 · market figures as at 10 Sept 2026

Data provided by Twelve Data

Peers

MMI vs competitors

The nearest names by industry and size, scored by the same model — like for like.

Its peer group, ranked by the same modelReal Estate Services
CompanyMarket capTKN rank
MMIMarcus & Millichap, Inc.$1.2B
95
HBNBHotel101 Global Holdings Corp.$1.2B
10
RMRThe RMR Group, Inc.$611.1M
61
AGNTAGNT, Inc.$607.1M
40
NMRKNewmark Group, Inc.$2.6B
90
OPENOpendoor Technologies, Inc.$2.7B
16
IHSIHS Holding Ltd.$2.8B
79

Look up any of the roughly 4,600 stocks we score.

The rank is the raw material. Whether the rules would actually own Marcus & Millichap, Inc. — and when they’d sell — is the membership. See the Ticker Nerd 20 →

News

Latest MMI news & analysis

$83 Million Sale of Two Oregon Multifamily Assets Brokered by Institutional Property Advisors

Business Wire · 11 Sept 2026positive

Institutional Property Advisors, a division of Marcus & Millichap, brokered the $83 million sale of two multifamily assets in Oregon. The transaction was announced via Business Wire, highlighting the company's activity in the multifamily investment sales market.

Why it matters — This large multifamily transaction demonstrates the continued deal-making activity of Marcus & Millichap's Institutional Property Advisors division in the Pacific Northwest.

Marcus & Millichap's IPA Capital Markets Arranges $75.1 Million Recapitalization for The Monroe Hotel in Miami Beach's Faena District

Business Wire · 5 Sept 2026positive

Marcus & Millichap's IPA Capital Markets arranged a $75.1 million recapitalization for The Monroe Hotel located in Miami Beach's Faena District, according to a Business Wire announcement.

Why it matters — The deal highlights IPA Capital Markets' continued activity in arranging sizable hospitality financing transactions, which could be of interest to MMI shareholders tracking the firm's capital markets business.

IPA Capital Markets Arranges $40.3 Million Financing for 312-Unit Birwood Heights in San Antonio

Business Wire · 3 Sept 2026positive

IPA Capital Markets, a division of Marcus & Millichap, arranged $40.3 million in non-recourse bridge financing for Birwood Heights, a 312-unit apartment community in San Antonio, Texas. The loan was secured on behalf of a private client by Brandon Roth, Adam Mengacci, and Travis Headapohl.

Why it matters — This illustrates the capital markets activity of Marcus & Millichap's IPA division in arranging major financing deals for its clients.

Marcus & Millichap Q2 Earnings Call Highlights

MarketBeat · 8 Aug 2026positive

Marcus & Millichap reported 18% revenue growth for the second quarter of 2026, driven by gains across both its brokerage and financing operations. The company attributed the improvement to a rise in commercial real estate transaction activity compared with prior-year levels.

Why it matters — The reported revenue growth and improved transaction activity signal strengthening operating conditions across MMI's core brokerage and financing businesses.

Marcus & Millichap, Inc. (MMI) Q2 2026 Earnings Call Transcript

Seeking Alpha · 7 Aug 2026neutral

Marcus & Millichap, Inc. held its Q2 2026 earnings call, and a transcript of the call has been published by Seeking Alpha. The transcript covers the company's second-quarter 2026 financial performance and management commentary.

Why it matters — The transcript provides MMI watchers with direct insight into the company's Q2 2026 results and management's outlook.

FAQ

Frequently asked questions about MMI stock

What is the MMI stock price forecast for 2026-2027?

The 2 Wall Street analysts covering Marcus & Millichap, Inc. have a median 12-month price target of $28, with estimates ranging from $28 to $28. These are third-party analyst estimates, not Ticker Nerd forecasts, and they are frequently wrong.

Is MMI stock a buy right now?

Of the 2 analysts covering Marcus & Millichap, Inc., 0 rate it a Buy, 1 a Hold and 1 a Sell. Ticker Nerd's systematic factor model ranks Marcus & Millichap, Inc. 95 out of 100 across roughly 4,600 US stocks as at 10 Sept 2026. None of this is personal advice — it does not consider your circumstances.

How does Ticker Nerd's model rank MMI?

As at 10 Sept 2026, Marcus & Millichap, Inc. ranks 95 out of 100 on Ticker Nerd's systematic factor model — a percentile across roughly 4,600 US stocks, built from its factor families. Its strongest factor family is Growth (92 of 100).

Will MMI stock go up?

No one can know that. What the data says: the median 12-month target from 2 analysts implies -10.5% from the last close, and Ticker Nerd's factor model ranks Marcus & Millichap, Inc. 95 out of 100 as at 10 Sept 2026. Analyst targets are third-party estimates and frequently wrong; none of this is personal advice.

What is the MMI stock forecast for 2030?

No analyst covering Marcus & Millichap, Inc. publishes a 2030 price target — Wall Street targets run 12 to 18 months out. Sites quoting a 2030 price for MMI are extrapolating price history, which says nothing about the business. The furthest attributed numbers are the current analyst targets: $28 to $28 over the next 12 months.

How has MMI stock performed over the past year?

Marcus & Millichap, Inc. returned -4.1% over the 12 months to 11 Sept 2026, with dividends reinvested. Past performance does not indicate future returns.

What does Marcus & Millichap, Inc. do?

Marcus & Millichap, Inc. is a commercial real estate services company that provides investment sales, financing, research, and advisory services.

What is the latest news on MMI?

The most recent item we track (Business Wire, 11 Sept 2026): "$83 Million Sale of Two Oregon Multifamily Assets Brokered by Institutional Property Advisors". Institutional Property Advisors, a division of Marcus & Millichap, brokered the $83 million sale of two multifamily assets in Oregon. The transaction was announced via Business Wire, highlighting the company's activity in the multifamily investment sales market.

Company

About Marcus & Millichap, Inc.

Marcus & Millichap, Inc. is a commercial real estate services company that provides investment sales, financing, research, and advisory services. The company works with sellers and buyers of commercial properties across segments such as multifamily, retail, office, industrial, hospitality, self-storage, seniors housing, medical office, and manufactured housing. Its business centers on helping clients market, value, finance, and transact properties through specialized brokerage and capital markets services. Marcus & Millichap also produces market research and consulting insights that support decision-making in the real estate sector. Headquartered in Calabasas, California, the company plays a focused role in the U.S. and Canadian commercial property markets by connecting investors, owners, and lenders with sector-specific expertise.

CEO Mr. Hessam Nadji · 854 employees · United States · https://www.marcusmillichap.com