Runway Growth Finance Corp. (RWAY)
NASDAQ: RWAY · Real-Time Price · USD
10.28
+0.14 (1.38%)
Sep 27, 2024, 4:00 PM EDT - Market closed
Runway Growth Finance Stock Forecast
Stock Price Forecast
The 6 analysts with 12-month price forecasts for RWAY stock have an average target of 11.96, with a low estimate of 11 and a high estimate of 13.5. The average target predicts an increase of 16.34% from the current stock price of 10.28.
Analyst Consensus: Buy
* Price targets were last updated on Aug 15, 2024.
Analyst Ratings
The average analyst rating for RWAY stock from 8 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Apr '24 | May '24 | Jun '24 | Jul '24 | Aug '24 | Sep '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 1 | 1 | 1 | 2 | 2 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 6 | 6 | 7 | 7 | 6 | 6 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 8 | 7 | 8 | 8 | 8 | 8 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Compass Point | Compass Point | Hold → Strong Buy Upgrades $13 → $11 | Hold → Strong Buy | Upgrades | $13 → $11 | +9.44% | Aug 15, 2024 |
| Wells Fargo | Wells Fargo | Hold Maintains $12 → $11 | Hold | Maintains | $12 → $11 | +7.00% | Aug 12, 2024 |
| JP Morgan | JP Morgan | Hold Maintains $13 → $12 | Hold | Maintains | $13 → $12 | +11.87% | Jul 29, 2024 |
| B of A Securities | B of A Securities | Hold Initiates $12 | Hold | Initiates | $12 | +16.73% | Jun 28, 2024 |
| B. Riley Securities | B. Riley Securities | Hold Maintains $14 → $13 | Hold | Maintains | $14 → $13 | +21.60% | May 20, 2024 |
Financial Forecast
Revenue This Year
153.84M
from 164.21M
Decreased by -6.31%
Revenue Next Year
148.20M
from 153.84M
Decreased by -3.67%
EPS This Year
1.76
from 1.09
Increased by 60.69%
EPS Next Year
1.67
from 1.76
Decreased by -5.22%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 161.9M | 169.6M | 156.5M |
| Avg | 153.8M | 148.2M | 152.0M |
| Low | 144.7M | 130.1M | 146.0M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -1.4% | 10.2% | 5.6% |
| Avg | -6.3% | -3.7% | 2.6% |
| Low | -11.9% | -15.5% | -1.5% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 1.87 | 1.84 | 1.74 |
| Avg | 1.76 | 1.67 | 1.67 |
| Low | 1.62 | 1.48 | 1.59 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 70.7% | 4.5% | 4.6% |
| Avg | 60.7% | -5.2% | 0.3% |
| Low | 47.7% | -15.9% | -4.8% |
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.