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Medicenna Therapeutics Corp (TSE:MDNA)
TSX:MDNA

Medicenna Therapeutics Corp (MDNA) Stock Forecast & Price Target

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See the Price Targets and Ratings of:

MDNA Analyst Ratings

Moderate Buy
2Ratings
2 Buy
0 Hold
0 Sell
Based on 2 analysts giving stock ratings to
Medicenna
Therapeutics Corp
in the past 3 months
TipRanks enables you to focus on the analyst rating consensus of all analysts or only the top performers​ in the past 3 months

MDNA Stock 12 Month Forecast

Average Price Target

C$5.24
▲(170.10% Upside)
Based on 2 Wall Street analysts offering 12 month price targets for Medicenna Therapeutics Corp in the last 3 months. The average price target is C$5.24 with a high forecast of C$8.28 and a low forecast of C$2.21. The average price target represents a 170.10% change from the last price of C$1.94.
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Highest Price TargetC$8.28Average Price TargetC$5.24Lowest Price TargetC$2.21
The highest, average, and lowest price target of all analysts. Click on ‘Top Analysts’ to focus on the best performers.

Detailed List of Analyst Forecasts​

Analyst Profile
Expert Firm
Price Target
Position
Upside / Downside
Action
Date
Follow
Article
JonesTrading
C$5.00
Buy
157.73%
Upside
Reiterated
11/14/23
Medicenna reported fiscal 2Q24 earnings ( press release ). There were no material updates. Key upcoming milestones include MDNA11 monotherapy dose expansion data in 1H24 and Ph2b bizaxofuxp (MDNA55) data at SNO 2023 on November 17. Cash runway is extended into calendar 1Q25 as a result of cost savings from the recent Nasdaq de-listing. Reiterate BUY and C$5 PT.
Oppenheimer
C$4.14
Buy
113.41%
Upside
Reiterated
08/14/23
Medicenna Therapeutics price target lowered to $3 from $8 at OppenheimerMedicenna Therapeutics price target lowered to $3 from $8 at Oppenheimer
H.C. Wainwright
C$3.45
Buy
77.84%
Upside
Reiterated
08/10/23
Medicenna Therapeutics Corp (MDNA) Gets a Buy Rating from H.C. Wainwright

Best Analysts Covering Medicenna Therapeutics Corp

Which Analyst Should I Follow If I Want to Buy TSE:MDNA and Sell After:
1 Month
Matthew BieglerOppenheimer
Success Rate
3/11 ratings generated profit
27%
Average Return
-6.99%
reiterated a buy rating 8 months ago
Copying Matthew Biegler's trades and holding each position for 1 Month would result in 27.27% of your transactions generating a profit, with an average return of -6.99% per trade.
dummydummy
Success Rate
0/0 ratings generated profit
0%
Average Return
0.00%
a rating ―
Copying dummy's trades and holding each position for XXXX would result in 0.10% of your transactions generating a profit, with an average return of 0.00% per trade.
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3 Months
Swayampakula RamakanthH.C. Wainwright
Success Rate
3/14 ratings generated profit
21%
Average Return
-20.34%
reiterated a buy rating 9 months ago
Copying Swayampakula Ramakanth's trades and holding each position for 3 Months would result in 21.43% of your transactions generating a profit, with an average return of -20.34% per trade.
dummydummy
Success Rate
0/0 ratings generated profit
0%
Average Return
0.00%
a rating ―
Copying dummy's trades and holding each position for XXXX would result in 0.10% of your transactions generating a profit, with an average return of 0.00% per trade.
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1 Year
Swayampakula RamakanthH.C. Wainwright
Success Rate
3/14 ratings generated profit
21%
Average Return
+4.09%
reiterated a buy rating 9 months ago
Copying Swayampakula Ramakanth's trades and holding each position for 1 Year would result in 21.43% of your transactions generating a profit, with an average return of +4.09% per trade.
2 Years
Swayampakula RamakanthH.C. Wainwright
Success Rate
9/14 ratings generated profit
64%
Average Return
+54.37%
reiterated a buy rating 9 months ago
Copying Swayampakula Ramakanth's trades and holding each position for 2 Years would result in 64.29% of your transactions generating a profit, with an average return of +54.37% per trade.
dummydummy
Success Rate
0/0 ratings generated profit
0%
Average Return
0.00%
a rating ―
Copying dummy's trades and holding each position for XXXX would result in 0.10% of your transactions generating a profit, with an average return of 0.00% per trade.
Premium Content
Find out which analyst has the highest Average Return & Success Rate
Go Premium
The Best Analyst Covering tool allows you to follow the analysts who have the best success rates and average returns on a specific stock. Only analysts that gave a Buy or Sell rating on the stock in the past 12 months are eligible for inclusion in this tool. Follow the analysts of your choice to receive real-time updates when they publish a new rating.

MDNA Analyst Recommendation Trends

Rating
Aug 23
Oct 23
Nov 23
Feb 24
Apr 24
Strong Buy
5
5
6
4
4
Buy
0
0
0
0
0
Hold
0
0
0
0
0
Sell
0
0
0
0
0
Strong Sell
0
0
0
0
0
total
5
5
6
4
4
In the current month, MDNA has received 4 Buy Ratings, 0 Hold Ratings, and 0 Sell Ratings. MDNA average Analyst price target in the past 3 months is C$5.24.
Each month's total comprises the sum of three months' worth of ratings.
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MDNA Financial Forecast

MDNA Earnings Forecast

Next quarter’s earnings estimate for MDNA is -C$0.06 with a range of -C$0.07 to -C$0.05. The previous quarter’s EPS was -C$0.07. MDNA beat its EPS estimate 75.00% of the time in the past 12 months, while its overall industry beat the EPS estimate 41.22% of the time in the same period. In the last calendar year MDNA has Outperformed its overall industry.
Next quarter’s earnings estimate for MDNA is -C$0.06 with a range of -C$0.07 to -C$0.05. The previous quarter’s EPS was -C$0.07. MDNA beat its EPS estimate 75.00% of the time in the past 12 months, while its overall industry beat the EPS estimate 41.22% of the time in the same period. In the last calendar year MDNA has Outperformed its overall industry.
No data currently available

MDNA Sales Forecast

Next quarter’s sales forecast for MDNA is C$0.00 with a range of C$0.00 to C$0.00. The previous quarter’s sales results were C$0.00. MDNA beat its sales estimates 0.00% of the time in past 12 months, while its overall industry beat sales estimates 54.55% of the time in the same period. In the last calendar year MDNA has Underperformed its overall industry.
Next quarter’s sales forecast for MDNA is C$0.00 with a range of C$0.00 to C$0.00. The previous quarter’s sales results were C$0.00. MDNA beat its sales estimates 0.00% of the time in past 12 months, while its overall industry beat sales estimates 54.55% of the time in the same period. In the last calendar year MDNA has Underperformed its overall industry.

MDNA Stock Forecast FAQ

What is TSE:MDNA’s average 12-month price target, according to analysts?
Based on analyst ratings, Medicenna Therapeutics Corp’s 12-month average price target is C$5.24.
    What is TSE:MDNA’s upside potential, based on the analysts’ average price target?
    Medicenna Therapeutics Corp has 170.10% upside potential, based on the analysts’ average price target.
      Can I see which stocks the top-ranking analysts are rating?
      Yes, go to the Analysts’ Top Stocks tool to see stocks with a Strong Buy or Strong Sell analyst rating consensus, according to the top performers.
        How can I follow the stock ratings of top Wall Street analysts?
        Head over to our Expert Center to see a list of the top 100 Wall Street analysts and follow the analysts of your choice. Visit their profiles for more details about their stock ratings and see how they perform on a stock-by-stock basis.
          Is TSE:MDNA a Buy, Sell or Hold?
          Medicenna Therapeutics Corp has a conensus rating of Moderate Buy which is based on 2 buy ratings, 0 hold ratings and 0 sell ratings.
            What is Medicenna Therapeutics Corp’s price target?
            The average price target for Medicenna Therapeutics Corp is C$5.24. This is based on 2 Wall Streets Analysts 12-month price targets, issued in the past 3 months.
            The highest analyst price target is C$8.28 ,the lowest forecast is C$2.21. The average price target represents 170.10% Increase from the current price of C$1.94.
              What do analysts say about Medicenna Therapeutics Corp?
              Medicenna Therapeutics Corp’s analyst rating consensus is a Moderate Buy. This is based on the ratings of 2 Wall Streets Analysts.
                How can I buy shares of TSE:MDNA?
                Open a brokerage account, see exclusive account opening deals on our Best Online Brokers page.
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