Marcus & Millichap, Inc. (MMI) Price Target Analysis
Wall Street analyst price targets, ratings consensus & upside potential · Updated May 1, 2026
Current Price
$28.67
Price Target
$26.00
Target Range
$26.00 — $26.00
Analyst Rating
Hold
Forward P/E58.5x
Trailing P/E-585.1x
Forward PEG—
Implied Growth+1100.0%
Median Target$26.00
Analyst Spread0.0%
Price Forecast (1 Year)
Last 12 months price action with 12-month analyst target path
Bear Case
$26
-9.3%
Consensus
$26
-9.3%
Bull Case
$26
-9.3%
MMI Price Target Analysis
Updated May 6, 2026As of May 6, 2026, Marcus & Millichap, Inc. (MMI) has a Wall Street consensus price target of $26.00, based on estimates from 4 covering analysts. With the stock currently trading at $28.67, this represents a potential downside of -9.3%. The company has a market capitalization of $1.09B.
Analyst price targets range from a low of $26.00 to a high of $26.00, representing a 0% spread in expectations. The median target of $26.00 aligns closely with the consensus average. The tight target dispersion indicates high conviction among analysts.
The current analyst consensus rating is Hold, with 1 analysts rating the stock as a Buy or Strong Buy,2 rating it Hold, and 1 rating it Sell or Strong Sell. The bearish sentiment suggests caution about the stock at current levels.
From a valuation perspective, MMI trades at a trailing P/E of -585.1x and forward P/E of 58.5x. Analysts expect EPS to grow +1100.0% over the next year.
Investment Context: Price targets represent analyst expectations for the next 12 months and should be considered alongside your own research. Targets are based on analysts' assumptions about earnings growth, margins, and market conditions which may change. For sector-specific context, view other Real Estate stocks.
Analyst Sentiment Comparison
Industry Peer AnalysisAvg Peer Upside+41.2%
Avg Forward P/E19.5x
Peers with Coverage9 / 10
| Company | Market Cap | Price | Target | Upside | Rating | Fwd P/E | Analysts |
|---|---|---|---|---|---|---|---|
 JLLJones Lang LaSalle Incorporated | $14.8B | $318.13 | $382.75 | +20.3% | Buy | 14.1x | 12 |
 CBRECBRE Group, Inc. | $41.8B | $142.57 | $179.75 | +26.1% | Buy | 18.6x | 20 |
 CWKCushman & Wakefield plc | $3.4B | $14.53 | $18.80 | +29.4% | Hold | 10.1x | 16 |
 BGCBGC Group, Inc | $4.0B | $11.10 | $11.50 | +3.6% | Buy | 7.8x | 2 |
 NMRKNewmark Group, Inc. | $3.0B | $16.33 | $21.00 | +28.6% | Buy | 8.7x | 11 |
 RMRThe RMR Group Inc. | $293M | $19.50 | $32.00 | +64.1% | Hold | 26.5x | 14 |
 DOUGDouglas Elliman Inc. | $176M | $1.99 | — | — | Buy | 19.9x | 1 |
 OPENOpendoor Technologies Inc. | $5.0B | $5.23 | $6.50 | +24.3% | Hold | — | 26 |
 COMPCompass, Inc. | $4.1B | $7.26 | $14.29 | +96.8% | Buy | 44.4x | 10 |
 CSGPCoStar Group, Inc. | $14.8B | $34.90 | $61.91 | +77.4% | Buy | 25.8x | 25 |
Upside Potential Comparison
COMPCSGPRMRCWKNMRKCBREOPENJLLSee MMI's True Return
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Start ComparisonMMI — Frequently Asked Questions
Quick answers to the most common questions about buying MMI stock.
What is the MMI stock price target for 2026?
Wall Street's consensus price target for MMI is $26, -9.3% from its current price of $28.67. The below-market target from 4 analysts suggests limited near-term appreciation.
Is MMI a buy, sell, or hold?
MMI has a consensus rating of "Hold" based on 4 Wall Street analysts. The rating breakdown is mixed, with 2 Hold ratings making up the largest segment. The consensus 12-month price target of $26 implies -9.3% downside from current levels.
Is MMI stock overvalued or undervalued?
At a forward P/E of 58.5102x, MMI trades at a premium valuation. The consensus price target of $26 (-9.3% downside) suggests analysts may view current valuations as stretched.
How high can MMI stock go?
The most bullish Wall Street analyst has a price target of $26 for MMI, while the most conservative target is $26. The consensus of $26 represents the median expectation. These targets typically reflect 12-month expectations.
How many analysts cover MMI stock?
MMI is lightly followed, with 4 analysts providing price targets and ratings. Of these, 0 have Strong Buy ratings, 1 have Buy ratings, 2 recommend Hold, and 1 have Sell or Strong Sell ratings. Higher analyst coverage generally indicates greater institutional interest and more reliable consensus estimates.
What is the MMI stock forecast?
The 12-month MMI stock forecast based on 4 Wall Street analysts shows a consensus price target of $26, with estimates ranging from $26 (bear case) to $26 (bull case). The median consensus rating is "Hold".
What is MMI's forward P/E ratio?
MMI trades at a forward P/E ratio of 58.5x based on next-twelve-months earnings estimates. The higher forward P/E suggests near-term earnings pressure. A forward P/E is useful for comparing valuations when earnings are expected to change significantly.
Should I buy MMI stock?
Analysts are cautious on MMI, with 1 Sell ratings and a price target of $26 (-9.3% from current price). The "Hold" consensus suggests careful evaluation before buying. This information is for educational purposes only. Always conduct your own research, consider your financial situation, and consult a financial advisor before making investment decisions.
Why do MMI price targets vary so much?
MMI analyst price targets range from $26 to $26, a 0% tight range reflecting strong analyst consensus. Differences stem from varying assumptions about revenue growth, profit margins, competitive dynamics, and valuation multiples. The $26 consensus represents the middle ground.