RF Industries Stock Forecast

Stock Price Forecast

The 1 analyst with a 12-month price forecast for RF Industries stock has a target of 4.50, which predicts an increase of 14.21% from the current stock price of 3.94.

Analyst Consensus: Strong Buy

Target	Low	Average	Median	High
Price	$4.50	$4.50	$4.50	$4.50
Change	+14.21%	+14.21%	+14.21%	+14.21%

Analyst Ratings

According to 1 stock analyst, the rating for RF Industries is "Strong Buy". This means that the analyst believes 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	1	1	1	1	1	1
Buy	0	0	0	0	0	0
Hold	0	0	0	0	0	0
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	1	1	1	1	1	1

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Josh Nichols B. Riley Securities	B. Riley Securities	Strong Buy Maintains $4.25 → $4.5	Strong Buy	Maintains	$4.25 → $4.5	+14.21%	Sep 17, 2024
Josh Nichols B. Riley Securities	B. Riley Securities	Strong Buy Maintains $4.25 → $4	Strong Buy	Maintains	$4.25 → $4	+1.52%	Mar 20, 2024
Josh Nichols B. Riley Securities	B. Riley Securities	Strong Buy Maintains $6 → $4.25	Strong Buy	Maintains	$6 → $4.25	+7.87%	Sep 18, 2023
Josh Nichols B. Riley Securities	B. Riley Securities	Strong Buy Maintains $10 → $9	Strong Buy	Maintains	$10 → $9	+128.43%	Mar 14, 2022
Josh Nichols B. Riley Securities	B. Riley Securities	Strong Buy Initiates $9	Strong Buy	Initiates	$9	+128.43%	Jan 29, 2020

More Analyst Ratings

Financial Forecast

Revenue This Year

65.54M

from 72.17M

-9.19%

from 72.17M

Revenue Next Year

71.03M

from 65.54M

8.38%

from 65.54M

EPS This Year

0.10

from -0.30

EPS Next Year

0.16

from 0.10

68.42%

from 0.10

Fiscal Year	FY 2019	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025
Period Ending	Oct 31, 2019	Oct 31, 2020	Oct 31, 2021	Oct 31, 2022	Oct 31, 2023	Oct 31, 2024	Oct 31, 2025
Revenue	55.33M	43.04M	57.42M	85.25M	72.17M	65.54M	71.03M
Revenue Growth	10.22%	-22.20%	33.41%	48.46%	-15.35%	-9.19%	8.38%
EPS	0.36	-0.01	0.61	0.14	-0.30	0.10	0.16
EPS Growth	-41.10%	-	-	-77.05%	-	-	68.42%
Forward PE	-	-	-	-	-	40.66	24.14
No. Analysts	-	-	-	-	-	3	3

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

Revenue Forecast

Revenue	2024	2025
High	67.5M	73.1M
Avg	65.5M	71.0M
Low	63.0M	68.2M

Revenue Growth

Revenue Growth	2024	2025
High	-6.5%	11.6%
Avg	-9.2%	8.4%
Low	-12.8%	4.1%

EPS Forecast

EPS	2024	2025
High	0.10	0.17
Avg	0.10	0.16
Low	0.09	0.16

EPS Growth

EPS Growth	2024	2025
High	-	73.4%
Avg	-	68.4%
Low	-	61.8%

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.