Marsh & McLennan Companies, Inc. (MMC)

Marsh & McLennan Stock Forecast

Stock Price Forecast

According to 14 professional analysts, the 12-month price target for Marsh & McLennan stock ranges from a low of $181 to a high of $257. The average analyst price target of $220.07 forecasts a 21.04% increase in the stock price over the next year.

Price Target: $220.07 (+21.04%)

Analyst Consensus: Hold

Target	Low	Average	Median	High
Price	$181	$220.07	$215	$257
Change	-0.45%	+21.04%	+18.25%	+41.35%

Analyst Ratings

The average analyst rating for Marsh & McLennan stock is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.

Recommendation Trends

Rating	Jul '25	Aug '25	Sep '25	Oct '25	Nov '25	Dec '25
Strong Buy	1	1	1	1	1	1
Buy	3	3	3	4	5	5
Hold	7	9	10	9	8	8
Sell	1	1	1	0	1	1
Strong Sell	0	0	0	0	0	0
Total	12	14	15	14	15	15

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Matthew Heimermann Citigroup	Citigroup	Hold Maintains $211 → $201	Hold	Maintains	$211 → $201	+10.55%	Dec 4, 2025
Alex Scott Barclays	Barclays	Hold → Buy Upgrades $221 → $206	Hold → Buy	Upgrades	$221 → $206	+13.30%	Nov 20, 2025
Andrew Kligerman TD Cowen	TD Cowen	Hold Maintains $213 → $200	Hold	Maintains	$213 → $200	+10.00%	Nov 3, 2025
Joshua Shanker B of A Securities	B of A Securities	Hold → Sell Downgrades $243 → $181	Hold → Sell	Downgrades	$243 → $181	-0.45%	Nov 3, 2025
Robert Cox Goldman Sachs	Goldman Sachs	Strong Sell → Hold Upgrades $200 → $195	Strong Sell → Hold	Upgrades	$200 → $195	+7.25%	Oct 20, 2025

More Analyst Ratings

Financial Forecast

Revenue This Year

27.22B

Increased by 11.29%

from 24.46B

Revenue Next Year

28.59B

Increased by 5.01%

from 27.22B

EPS This Year

9.70

Increased by 18.54%

from 8.18

EPS Next Year

10.41

Increased by 7.36%

from 9.70

Fiscal Year	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	17.22B	19.82B	20.72B	22.74B	24.46B	27.22B	28.59B
Revenue Growth	3.44%	15.07%	4.54%	9.73%	7.57%	11.29%	5.01%
EPS	3.94	6.13	6.04	7.53	8.18	9.70	10.41
EPS Growth	15.54%	55.58%	-1.47%	24.67%	8.63%	18.54%	7.36%
Forward PE	-	-	-	-	-	18.75	17.47
No. Analysts	-	-	-	-	-	23	24

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2025	2026	2027	2028	2029
High	28.5B	30.1B
Avg	27.2B	28.6B
Low	26.1B	27.0B

Revenue Growth

Revenue Growth	2025	2026	2027	2028	2029
High	16.5%	10.5%
Avg	11.3%	5.0%
Low	6.8%	-0.8%

EPS Forecast

EPS	2025	2026	2027	2028	2029
High	10.16	11.05
Avg	9.70	10.41
Low	9.31	9.80

EPS Growth

EPS Growth	2025	2026	2027	2028	2029
High	24.3%	13.9%
Avg	18.5%	7.4%
Low	13.8%	1.1%

Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.