Ryde Group Ltd (RYDE)
NYSEAMERICAN: RYDE · Real-Time Price · USD
0.470
-0.010 (-2.00%)
Jan 15, 2025, 9:34 AM EST - Market open

Ryde Group Stock Forecast

Stock Price Forecast

The 1 analyst with a 12-month price forecast for Ryde Group stock has a target of 9.00, which predicts an increase of 1,813.27% from the current stock price of 0.47.

Analyst Consensus: Strong Buy
Target Low Average Median High
Price $9.00 $9.00 $9.00 $9.00
Change +1813.3% +1813.3% +1813.3% +1813.3%
* Price targets were last updated on May 8, 2024.

Analyst Ratings

According to 1 stock analyst, the rating for Ryde Group 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 Dec '24Jan '25
Strong Buy 11
Buy 00
Hold 00
Sell 00
Strong Sell 00
Total 11

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Maxim Group
Maxim Group
Strong Buy
Maintains
$8$9
Strong Buy Maintains $8$9 +1,813.27% May 8, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
8.89M
from 8.67M
Increased by 2.61%
Revenue Next Year
10.84M
from 8.89M
Increased by 21.90%
EPS This Year
-0.14
from -0.99
EPS Next Year
-0.13
from -0.14
Fiscal Year FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026
Period Ending Dec 31, 2021 Dec 31, 2022 Dec 31, 2023 Dec 31, 2024 Dec 31, 2025 Dec 31, 2026
Revenue
6.20M8.83M8.67M8.89M10.84M13.14M
Revenue Growth
-42.45%-1.79%2.61%21.90%21.24%
EPS
-0.11-0.42-0.99-0.14-0.13-
EPS Growth
------
Forward PE
------
No. Analysts ---333
Financial currency is SGD. Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 202420252026
High 9.2M 11.2M 13.5M
Avg 8.9M 10.8M 13.1M
Low 8.5M 10.4M 12.6M

Revenue Growth

Revenue Growth 202420252026
High
5.6%
25.5%
24.8%
Avg
2.6%
21.9%
21.2%
Low
-1.4%
17.1%
16.5%

EPS Forecast

EPS 20242025
High -0.15 -0.14
Avg -0.14 -0.13
Low -0.14 -0.13

EPS Growth

EPS Growth 20242025
High - -
Avg - -
Low - -
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.