RANI Stock Forecast

Stock Price Forecast

According to 4 analysts polled by S&P Global, RANI stock has a consensus rating of "Strong Buy" and an average price target of $7.50. The average 1-year stock price forecast is 887.23% higher than the current stock price, while the lowest is $5.00 (+558.15%) and the highest is $11 (+1,347.94%).

Price Target: $7.50 (+887.23%)

Analyst Consensus: Strong Buy

Target	Low	Average	Median	High
Price	$5.00	$7.50	$7.00	$11
Change	+558.15%	+887.23%	+821.42%	+1347.9%

Analyst Ratings

The average analyst rating for RANI stock 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	Nov '25	Jan '26	Mar '26	Apr '26	May '26	Jun '26
Strong Buy	2	2	2	3	3	3
Buy	1	1	1	1	1	1
Hold	0	0	0	0	0	0
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	3	3	3	4	4	4

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Brandon Folkes H.C. Wainwright	H.C. Wainwright	Buy Reiterates $11	Buy	Reiterates	$11	+1,347.94%	Jun 1, 2026
Michael Okunewitch Maxim Group	Maxim Group	Buy Maintains $5	Buy	Maintains	$5	+558.15%	May 22, 2026
Edward Nash Canaccord Genuity	Canaccord Genuity	Buy Reiterates $5	Buy	Reiterates	$5	+558.15%	May 20, 2026
Daniel Brims Lake Street	Lake Street	Buy Reiterates $9	Buy	Reiterates	$9	+1,084.68%	May 19, 2026

Financial Forecast

Revenue This Year

4.13M

from 1.63M

152.76%

from 1.63M

Revenue Next Year

4.93M

from 4.13M

19.32%

from 4.13M

EPS This Year

-0.19

from -0.45

EPS Next Year

-0.22

from -0.19

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	2.72M	-	-	1.03M	1.63M	4.13M
Revenue Growth	488.10%	-	-	-	58.85%	152.76%
Gross Profit	2.72M	-	-	1.03M	1.63M	4.13M
Gross Margin	100.00%	-	-	100.00%	100.00%	100.00%
Operating Income	-51.60M	-63.45M	-66.10M	-49.60M	-38.31M	-39.17M
Net Income	-8.33M	-30.59M	-33.97M	-30.02M	-29.67M	-33.21M
EPS	-	-	-	-	-0.45	-0.19
Free Cash Flow	-11.52M	-24.67M	-26.96M	-15.86M	-6.79M	-40.00M
No. Analysts	-	-	-	-	-	4

EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Revenue	2026	2027	2028
High	8.0M
Avg	4.1M
Low	n/a

Revenue Growth

Revenue Growth	2026	2027	2028
High	389.9%
Avg	152.8%
Low	-100.0%

EPS Forecast

EPS	2026	2027	2028
High	-
Avg	-0.19
Low	-

EPS Growth

EPS Growth	2026	2027	2028
High	-
Avg	-
Low	-