MMI Stock Analysis: Buy, Sell, or Hold?

MMI - MARCUS & MILLICHAP

REAL ESTATE AGENTS & MANAGERS (FOR OTHERS)
$28.18
-0.75 (-2.59%) ▼
5d: -7.36%
30d: +4.1%
90d: +9.01%
HOLD
LOW Confidence
Analysis Updated: May 15, 2026 12:00 AM ET
Earnings: May 07, 2026 0d

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Interactive Price Chart (1 Month)

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💡
Bottom Line:
📊 HOLD: MMI shows mixed signals. Fine to hold existing positions. Not urgent to buy or sell.
See Forward Earnings Fair Value & Price Prediction →

Long-Term Wealth Forecast (2031)

Based on Analyst Consensus Growth & Historical Valuation

0% (Stagnation) 50% (Hyper Growth)
EST. PRICE IN 2031
$43.82
Based on 14.5% avg growth
INTRINSIC VALUE TODAY
$27.21
Trading above historical range

How this is calculated: We use a Growth Decay Model: starting with analyst consensus growth (adjusted above) and gradually slowing it down to a long-term terminal rate (4%) by Year 5. This provides a more realistic valuation than assuming constant hyper-growth. We then apply a 25.0x Exit PE.

In-depth Analysis How we analyze

Valuation Analysis: MMI is currently trading at $28.18, which is considered fair relative to its 30-day fair value range of $27.11 to $29.29. From a valuation perspective, the stock is trading at a discount (Forward PE: 31.3) compared to its historical average (35.6). Remarkably, the market is currently pricing in an annual earnings decline of 4.2% over the next few years. This pessimistic expectation contrasts with the company's recent 56.9% earnings growth, suggesting potential undervaluation if the company simply maintains stability.

Technical Outlook: Technically, MMI is in a uptrend. Immediate support is located at $26.88, while resistance sits at $30.76.

Market Sentiment: The stock shows a mixed technical setup (40/100), with neutral trendline and momentum signals. The stock is fairly positioned - fine to hold existing positions or accumulate slowly on dips, but not an urgent buy.

Quick Decision Summary

Current Position FAIR
Historical Trading Range $27.11 - $29.29
Company Quality Score 57/100 (HOLD)
Volume Confirmation HIGH
Confidence Score 67.6%

All Signals

  • NEUTRAL: Price in fair range
  • NEUTRAL: Mixed technical signals (40/100)
  • BULLISH: High volume confirmation
  • NEUTRAL: Near Wall St target ($28.00)
  • CAUTION: Recommendation downgraded due to -7.4% 5-day decline

Trading Range Analysis

30-Day Trading Range $27.11 - $29.29
Current vs Trading Range FAIR

Support & Resistance Levels

Support Level $26.88
Resistance Level $30.76
Current Trend Uptrend
Technical data as of May 15, 2026

Fundamental Context

Forward P/E (Next Year Est.) 31.31
Wall Street Target $28.00 (-0.6%)
Revenue Growth (YoY) 18.2%
Earnings Growth (YoY) 56.9%
Profit Margin -0.1%
Valuation Discount vs History -4.2% cheaper
PE vs Historical 31.3 vs 35.6 CHEAP
Market-Implied Price Targets If current PE multiple persists
Implied Growth (YoY): -4.2% (market-implied from PE analysis)
1-Year Target $27.00 (-4%)
2-Year Target $25.86 (-8%)
3-Year Target $24.78 (-12%)
3-Yr Target (if PE normalizes) (PE: 31→36) $28.17 (0%)
3-Year Scenarios Using analyst projected EPS growth
Bull: (PE: 31.3, Growth: 109.3%) $95.11 (+238%)
Base: (SPY PE: 22.1, Growth: 109.3%) $67.04 (+138%)
Bear: (PE: 18.8, Growth: 109.3%) $56.98 (+102%)
💡 Upside Surprise Potential
If earnings stabilize (0% growth), PE could expand from 31.3 to 35.6
Stabilization Target: $32.04 (+13.7%)
PE Expansion Potential: +13.7%
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Last updated: May 18, 2026 7:42 AM ET
Data refreshes hourly during market hours. Next update: 8:42 AM
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Ticker Score Recommendation Change %
Technical Signals Check
Insider Activity (6 Months)
0
Buys
1
Sells
Net
INSIDERS SELLING
Recent Transactions
Hessam Nadji SELL 1300 shares 2026-03-13

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