MMSIndustrials · Specialty Business ServicesThe 2 Wall Street analysts covering MAXIMUS, Inc. hold a median 12-month price target of $93 — +35.0% from the last close. Ticker Nerd's systematic factor model, run across ~4,600 US stocks, ranks it 83 of 100 as at 3 Nov 2026 — inside the top quartile. Here, the model and the Street point the same way.
Consensus tells you what everyone already believes. The model scores MAXIMUS, Inc. on its factor families — the same systematic rank behind the Ticker Nerd portfolio.
Percentile across ~4,600 US stocks on Ticker Nerd’s systematic factor model. Higher is better. How the model is built and tested
Issuance (96): The share count has been shrinking and the company is not leaning on new borrowing.
Momentum (25): The shares have been drifting down relative to others.
Built and run by Aslam Ghouse, an ex-Goldman Sachs systematic trader with 15+ years in markets.
The bullish and bearish analyst opinions on MMS, reported as data — targets and ratings, the market's view beside the model's.
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
The green dot is the last close — the median target sits +35.0% from it.
| Date | Firm | Action | Rating | Target |
|---|---|---|---|---|
| 2 Jan 2025 | Raymond James | Upgrade | Outperform | $90 |
| 3 Jan 2024 | Raymond James | Downgrade | Market Perform | — |
| 18 Aug 2023 | Stifel | Initiates | Buy | — |
| 9 Feb 2023 | Raymond James | Maintains | Outperform | — |
| 6 May 2022 | Raymond James | Maintains | Outperform | — |
| 28 June 2021 | Raymond James | Downgrade | Outperform | — |
| 7 May 2021 | Raymond James | Maintains | Strong Buy | — |
| 22 Apr 2021 | Canaccord Genuity | Maintains | Hold | — |
| 5 Feb 2021 | Raymond James | Maintains | Strong Buy | — |
| 7 Aug 2020 | Keybanc | Maintains | Overweight | — |
| 7 Aug 2020 | KeyBanc | Maintains | Overweight | — |
| 8 July 2020 | Raymond James | Upgrade | Strong Buy | — |
| 24 June 2020 | Keybanc | Upgrade | Overweight | — |
| 24 June 2020 | KeyBanc | Upgrade | Overweight | — |
| 8 Jan 2020 | Wells Fargo | Maintains | Equal-Weight | — |
| 13 Aug 2019 | Canaccord Genuity | Maintains | Hold | — |
| 9 Aug 2019 | Wells Fargo | Downgrade | Market Perform | — |
| 10 Oct 2018 | Canaccord Genuity | Maintains | Hold | — |
| 11 May 2018 | Canaccord Genuity | Maintains | Hold | — |
| 8 May 2018 | First Analysis | Upgrade | Overweight | — |
Price targets and ratings are third-party analyst estimates, reported here as data. They are not Ticker Nerd forecasts, and they are frequently wrong.
MMS appears in the Radar on the weeks it earns a place.
AI cloud capacity
MSFTAMZNGOOGLORCL
AI chips
NVDAAVGOAMDMU
AI networking and serversIn full
ANETDELLLITECRDO
Data centre power
VRTCEGGEVVST
Both lines are total return — dividends reinvested — so the comparison is honest on both sides.
Over the twelve months to 4 Nov 2026, MAXIMUS, Inc. returned −16.7% against +12.9% for the S&P 500, dividends included.
Download this chart as an image — free to reuse; link this page as the source.
Data provided by Twelve Data
Not the forecast itself — the direction analysts are revising it. Revision direction is one of the model's factor families.
A margin means little on its own. Each bar marks where the figure sits across the whole US universe we score.
Cheaper than 59% of US stocks
Cheaper than 77% of US stocks
Cheaper than 43% of US stocks
Cheaper than 47% of US stocks
Higher than 20% of US stocks
Higher than 34% of US stocks
Higher than 30% of US stocks
Higher than 69% of US stocks
Higher than 64% of US stocks
Higher than 82% of US stocks
Higher than 88% of US stocks
Higher than 79% of US dividend payers
Bars mark the percentile across the ~4,600 US stocks Ticker Nerd covers, among those reporting the figure.
The headline figures, each with its date. Every row carries its own link — cite it straight from here.
MAXIMUS, Inc. has a market value of $3.4B and an enterprise value of $5.1B.
Revenue in the twelve months to 30 June 2026: $5.2B. The latest quarter shrank 5.1% year on year.
Net income over the same four quarters: $370.9M, a 7.1% net margin.
Diluted earnings per share, trailing twelve months: $6.77.
Free cash flow in the twelve months to 30 June 2026: $433.2M.
MAXIMUS, Inc. spent $346.0M on share buybacks and $68.3M on dividends in the twelve months to 30 June 2026.
Trailing P/E: 9.7×; forward P/E: 7.8× — the forward figure prices analyst consensus estimates, not reported earnings.
Forward dividend yield: 2.01%, paying out 19% of earnings.
MAXIMUS, Inc. employs 37,200 people — $141K of revenue per employee.
Data provided by Twelve Data
The nearest names by industry and size, scored by the same model — like for like.
Look up any of the roughly 4,600 stocks we score.
The rank is the raw material. Whether the rules would actually own MAXIMUS, Inc. — and when they’d sell — is the membership. See the Ticker Nerd 20 →
Maximus agreed to acquire privately held Agile Defense for $660 million, with a potential future earn-out of up to $50 million. The company said the deal is intended to expand its presence in defense, national security, and technology-intensive federal missions.
Why it matters — The acquisition would broaden Maximus’s reach in defense and technology-intensive federal work.
Seeking Alpha published a transcript of a Maximus, Inc. (MMS) M&A call. The excerpt provides no further details about the discussion.
Why it matters — MMS watchers may find the call transcript relevant to the company’s M&A activity, but the excerpt does not describe its contents.
Maximus lowered its fiscal 2026 adjusted EPS guidance to $7.90-$8.20 after the VA paused performance incentive payments in its medical exam program from July through December 2026. The article notes that even without those incentives, MMS still trades at a discount to its peers on earnings and cash flow metrics.
Why it matters — A MMS watcher would care because the VA incentive-payment pause weighs on near-term earnings, yet the article highlights that the stock still trades below peers while offering the lowest leverage and a 15% free cash flow yield.
Maximus faces an earnings reset as paused VA incentives reduce its profit and cash-flow guidance. The company's ability to rebuild earnings momentum now rests on gains in its service and technology operations.
Why it matters — A Maximus watcher would care because the paused VA incentives have directly cut the company's profit and cash-flow guidance, placing its near-term earnings trajectory in question.
A Zacks Investment Research item notes that Maximus stock trades at a deep earnings discount, but federal procurement delays and weak award conversion cloud the timing of a recovery. The piece weighs the low valuation against the contract-related risks affecting the company's outlook.
Why it matters — MMS watchers would care because federal procurement delays and weak award conversion directly influence the timing and pace of the company's potential earnings recovery.
The 2 Wall Street analysts covering MAXIMUS, Inc. have a median 12-month price target of $93, with estimates ranging from $75 to $110. These are third-party analyst estimates, not Ticker Nerd forecasts, and they are frequently wrong.
Of the 2 analysts covering MAXIMUS, Inc., 2 rate it a Buy, 0 a Hold and 0 a Sell. Ticker Nerd's systematic factor model ranks MAXIMUS, Inc. 83 out of 100 across roughly 4,600 US stocks as at 3 Nov 2026. None of this is personal advice — it does not consider your circumstances.
As at 3 Nov 2026, MAXIMUS, Inc. ranks 83 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 Issuance (96 of 100).
No one can know that. What the data says: the median 12-month target from 2 analysts implies +35.0% from the last close, and Ticker Nerd's factor model ranks MAXIMUS, Inc. 83 out of 100 as at 3 Nov 2026. Analyst targets are third-party estimates and frequently wrong; none of this is personal advice.
No analyst covering MAXIMUS, Inc. publishes a 2030 price target — Wall Street targets run 12 to 18 months out. Sites quoting a 2030 price for MMS are extrapolating price history, which says nothing about the business. The furthest attributed numbers are the current analyst targets: $75 to $110 over the next 12 months.
MAXIMUS, Inc. returned -16.7% over the 12 months to 4 Nov 2026, with dividends reinvested. Past performance does not indicate future returns.
Maximus Inc. is a government services company that provides technology-enabled business process services, consulting, and program administration for public-sector clients.
The most recent item we track (MarketBeat, 21 Oct 2026): "Maximus to Buy Agile Defense for $660M, Expanding AI and Cybersecurity Reach". Maximus agreed to acquire privately held Agile Defense for $660 million, with a potential future earn-out of up to $50 million. The company said the deal is intended to expand its presence in defense, national security, and technology-intensive federal missions.
Maximus Inc. is a government services company that provides technology-enabled business process services, consulting, and program administration for public-sector clients. Maximus supports federal, state, local, and international agencies with operations related to health and human services, including eligibility and enrollment support, customer contact centers, clinical and disability assessments, appeals processing, and case management. The company also serves programs tied to employment services, student loan servicing, and other citizen-facing government operations. Maximus organizes its business around U.S. Federal Services, U.S. Services, and Outside the U.S., reflecting its broad role in managing complex public programs and improving service delivery for government partners. Headquartered in McLean, Virginia, Maximus focuses on helping agencies modernize operations, expand access to essential services, and improve administrative efficiency across multiple public service domains.
CEO Mr. Bruce L. Caswell · 37,200 employees · United States · https://www.maximus.com
