€10.58
0.75% today
Madrid, May 21, 12:45 pm CET
ISIN
ES0105025003
Symbol
MRL
Sector
Industry

Merlin Properties Target price 2025 - Analyst rating & recommendation

Merlin Properties Classifications & Recommendation:

Buy
89%
Hold
11%

Merlin Properties Price Target

Target Price €13.01
Price €10.66
Potential
Number of Estimates 19
19 Analysts have issued a price target Merlin Properties 2026 . The average Merlin Properties target price is €13.01. This is higher than the current stock price. The highest price target is , the lowest is .
A rating was issued by 19 analysts: 17 Analysts recommend Merlin Properties to buy, 2 to hold and 0 to sell.
Analysts don't have a crystal ball either, but they do represent the opinion of the market quite well. You should not take the price potential and the ratings as a recommendation to act. Rather, they serve as an additional building block for your own opinion or stock analysis.
Analyst Estimates: Analysts believe that the Merlin Properties stock has an average upside potential 2026 of . Most analysts recommend the Merlin Properties stock at Purchase.

Sales and Margin forecast 2025, 2026 to 2029

Create a premium account to unlock analyst estimates. Learn more

Quarter Annually
Dec '24 2025
Estimates
Revenue Million € 494.57 552.73
6.41% 9.88%
EBITDA Margin 75.97% 74.06%
0.34% 0.55%
Net Margin 63.68% 92.15%
392.37% 47.18%

16 Analysts have issued a sales forecast Merlin Properties 2025 . The average Merlin Properties sales estimate is

€553m
Unlock
. This is
7.60% higher
Unlock
than the revenue of the last 12 months(TTM). The highest sales forecast is
€588m 14.47%
Unlock
, the lowest is
€530m 3.17%
Unlock
.

This results in the following potential growth metrics:

Revenue Estimates

2024 €495m 6.41%
2025
€553m 9.88%
Unlock
2026
€601m 8.73%
Unlock
2027
€683m 13.65%
Unlock
2028
€782m 14.44%
Unlock
2029
€968m 23.81%
Unlock

17 Analysts have issued an Merlin Properties EBITDA forecast 2025. The average Merlin Properties EBITDA estimate is

€409m
Unlock
. This is
8.37% higher
Unlock
than the EBITDA of the last 12 months(TTM). The highest EBITDA forecast is
€434m 14.90%
Unlock
, the lowest is
€387m 2.45%
Unlock
.

This results in the following potential growth metrics and future EBITDA Margins:

EBITDA Estimates

2024 €376m 6.05%
2025
€409m 9.27%
Unlock
2026
€447m 9.19%
Unlock
2027
€505m 13.00%
Unlock
2028
€576m 14.05%
Unlock
2029
€719m 24.86%
Unlock

EBITDA Margin

2024 75.97% 0.34%
2025
74.06% 0.55%
Unlock
2026
74.37% 0.42%
Unlock
2027
73.94% 0.58%
Unlock
2028
73.69% 0.34%
Unlock
2029
74.32% 0.85%
Unlock

7 Merlin Properties Analysts have issued a net profit forecast 2025. The average Merlin Properties net profit estimate is

€509m
Unlock
. This is
61.73% higher
Unlock
than the net profit for the last 12 months(TTM). The highest net profit forecast is
€759m 141.07%
Unlock
, the lowest is
€299m 5.08%
Unlock
.

This results in the following potential growth metrics and future Net Margins:

Net Profit Estimates

2024 €315m 411.11%
2025
€509m 61.73%
Unlock
2026
€891m 74.91%
Unlock
2027
€837m 6.05%
Unlock
2028
€1.6b 93.50%
Unlock

Net Margin

2024 63.68% 392.37%
2025
92.15% 47.18%
Unlock
2026
148.24% 60.87%
Unlock
2027
122.55% 17.33%
Unlock
2028
207.21% 69.08%
Unlock

Earnings per share, P/E ratio and EV/sales Estimates 2025, 2026 to 2029

Create a premium account to unlock analyst estimates. Learn more

Dec '24 2025
Estimates
Earnings Per Share 0.56 0.91
411.11% 62.50%
P/E 11.77
EV/Sales 17.42

7 Analysts have issued a Merlin Properties forecast for earnings per share. The average Merlin Properties EPS is

€0.91
Unlock
. This is
62.50% higher
Unlock
than earnings per share in the financial year 2024. The highest EPS forecast is
€1.35 141.07%
Unlock
, the lowest is
€0.53 5.36%
Unlock
.

This results in the following potential growth metrics and future valuations:

Earnings Per Share

2024 €0.56 411.11%
2025
€0.91 62.50%
Unlock
2026
€1.58 73.63%
Unlock
2027
€1.49 5.70%
Unlock
2028
€2.88 93.29%
Unlock

P/E ratio

Current 18.92 131.18%
2025
11.77 37.79%
Unlock
2026
6.73 42.82%
Unlock
2027
7.16 6.39%
Unlock
2028
3.70 48.32%
Unlock

Based on analysts' sales estimates for 2025, the Merlin Properties stock is valued at an EV/Sales of

17.42
Unlock
and an P/S ratio of
10.85
Unlock
.

This results in the following potential growth metrics and future valuations:

EV/Sales

Current 18.75 3.40%
2025
17.42 7.07%
Unlock
2026
16.03 8.03%
Unlock
2027
14.10 12.01%
Unlock
2028
12.32 12.62%
Unlock
2029
9.95 19.23%
Unlock

P/S ratio

Current 11.67 8.13%
2025
10.85 7.07%
Unlock
2026
9.98 8.03%
Unlock
2027
8.78 12.01%
Unlock
2028
7.67 12.62%
Unlock
2029
6.20 19.23%
Unlock

Current Merlin Properties Upgrades & Downgrades

Create a Premium account to unlock Upgrades/Downgrades. Learn more
Analyst Rating Action Date
CAIXABANK BPI
Locked
Locked
Locked Apr 03 2025
JEFFERIES
Locked
Locked
Locked Mar 10 2025
KUTXABANK INVESTMENT
Locked
Locked
Locked Mar 03 2025
ALANTRA EQUITIES
Locked
Locked
Locked Mar 02 2025
ANALISIS BANCO SABADELL
Locked
Locked
Locked Feb 27 2025
INTERMONEY VALORES
Locked
Locked
Locked Feb 27 2025
ODDO BHF
Locked
Locked
Locked Feb 27 2025
Analyst Rating Date
Locked
CAIXABANK BPI:
Locked
Locked
Apr 03 2025
Locked
JEFFERIES:
Locked
Locked
Mar 10 2025
Locked
KUTXABANK INVESTMENT:
Locked
Locked
Mar 03 2025
Locked
ALANTRA EQUITIES:
Locked
Locked
Mar 02 2025
Locked
ANALISIS BANCO SABADELL:
Locked
Locked
Feb 27 2025
Locked
INTERMONEY VALORES:
Locked
Locked
Feb 27 2025
Locked
ODDO BHF:
Locked
Locked
Feb 27 2025

Register for Free

StocksGuide is the ultimate tool for easily finding, analyzing and tracking stocks. Learn from successful investors and make informed investment decisions. We empower you to become a confident, independent investor.

The Apple stock at a glance with charts, current key metrics, news and stock analyses.
The Best Dividend Stocks in the Dividend Top Scorer list.
Stock Analyses of the Best Stocks Worldwide.
Start building wealth today