RadNet, Inc. (RDNT)
NASDAQ: RDNT · Real-Time Price · USD
79.79
+0.70 (0.88%)
Nov 19, 2024, 3:49 PM EST - Market open

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 a decrease of -6.31% from the current stock price of 79.79.

Analyst Consensus: Strong Buy
Target Low Average Median High
Price $60 $74.75 $80 $80
Change -24.80% -6.31% +0.27% +0.27%
* Price targets were last updated on Sep 23, 2024.

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 Jun '24Jul '24Aug '24Sep '24Oct '24Nov '24
Strong Buy 222222
Buy 111222
Hold 111000
Sell 000000
Strong Sell 000000
Total 444444

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 +0.27% Sep 23, 2024
Jefferies
Jefferies
Strong Buy
Maintains
$75$80
Strong Buy Maintains $75$80 +0.27% Sep 19, 2024
Barclays
Barclays
Buy
Upgrades
$57$79
Buy Upgrades $57$79 -0.98% Sep 6, 2024
Barclays
Barclays
Hold
Maintains
$51$57
Hold Maintains $51$57 -28.56% Aug 8, 2024
Truist Securities
Truist Securities
Strong Buy
Maintains
$63$70
Strong Buy Maintains $63$70 -12.26% Jul 15, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
1.82B
from 1.62B
Increased by 12.83%
Revenue Next Year
1.98B
from 1.82B
Increased by 8.66%
EPS This Year
0.66
from 0.05
Increased by 1,276.31%
EPS Next Year
0.76
from 0.66
Increased by 15.70%
Fiscal Year FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026
Period Ending Dec 31, 2019 Dec 31, 2020 Dec 31, 2021 Dec 31, 2022 Dec 31, 2023 Dec 31, 2024 Dec 31, 2025 Dec 31, 2026
Revenue
1.15B1.10B1.32B1.43B1.62B1.82B1.98B2.11B
Revenue Growth
18.36%-4.86%20.59%8.00%13.05%12.83%8.66%6.56%
EPS
0.29-0.290.460.170.050.660.760.83
EPS Growth
-56.06%---62.36%-72.35%1,276.31%15.70%8.71%
Forward PE
-----121.08104.6696.27
No. Analysts -----886
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 202420252026
High 1.9B 2.1B 2.3B
Avg 1.8B 2.0B 2.1B
Low 1.7B 1.9B 2.0B

Revenue Growth

Revenue Growth 202420252026
High
17.1%
14.7%
15.7%
Avg
12.8%
8.7%
6.6%
Low
6.5%
2.4%
0.1%

EPS Forecast

EPS 202420252026
High 0.80 1.34 1.31
Avg 0.66 0.76 0.83
Low 0.48 0.44 0.59

EPS Growth

EPS Growth 202420252026
High
1,566.8%
104.0%
72.2%
Avg
1,276.3%
15.7%
8.7%
Low
903.0%
-33.5%
-22.9%
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.