RadNet, Inc. (RDNT)
NASDAQ: RDNT · Real-Time Price · USD
67.38
+0.42 (0.63%)
Oct 8, 2024, 4:00 PM EDT - Market closed
RadNet Stock Forecast
Stock Price Forecast
The 4 analysts with 12-month price forecasts for RadNet stock have an average target of 74.75, with a low estimate of 60 and a high estimate of 80. The average target predicts an increase of 10.94% from the current stock price of 67.38.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for RadNet stock from 4 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | May '24 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| Buy | 1 | 1 | 1 | 1 | 2 | 2 |
| Hold | 1 | 1 | 1 | 1 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 4 | 4 | 4 | 4 | 4 | 4 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Truist Securities | Truist Securities | Strong Buy Maintains $70 → $80 | Strong Buy | Maintains | $70 → $80 | +18.73% | Sep 23, 2024 |
| Jefferies | Jefferies | Strong Buy Maintains $75 → $80 | Strong Buy | Maintains | $75 → $80 | +18.73% | Sep 19, 2024 |
| Barclays | Barclays | Hold → Buy Upgrades $57 → $79 | Hold → Buy | Upgrades | $57 → $79 | +17.25% | Sep 6, 2024 |
| Barclays | Barclays | Hold Maintains $51 → $57 | Hold | Maintains | $51 → $57 | -15.41% | Aug 8, 2024 |
| Truist Securities | Truist Securities | Strong Buy Maintains $63 → $70 | Strong Buy | Maintains | $63 → $70 | +3.89% | Jul 15, 2024 |
Financial Forecast
Revenue This Year
1.83B
from 1.62B
Increased by 13.20%
Revenue Next Year
1.99B
from 1.83B
Increased by 8.85%
EPS This Year
0.66
from 0.05
Increased by 1,284.83%
EPS Next Year
0.73
from 0.66
Increased by 10.62%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 1.9B | 2.1B | 2.3B |
| Avg | 1.8B | 2.0B | 2.2B |
| Low | 1.7B | 1.9B | 2.0B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 17.1% | 14.3% | 15.1% |
| Avg | 13.2% | 8.9% | 8.1% |
| Low | 7.9% | 2.2% | 0.2% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 0.80 | 1.34 | 1.16 |
| Avg | 0.66 | 0.73 | 0.82 |
| Low | 0.48 | 0.43 | 0.53 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 1,566.8% | 102.7% | 57.5% |
| Avg | 1,284.8% | 10.6% | 11.7% |
| Low | 903.0% | -35.6% | -27.8% |
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.