RB Global, Inc. (RBA)
NYSE: RBA · Real-Time Price · USD
85.64
+0.54 (0.63%)
Nov 4, 2024, 12:57 PM EST - Market open
RB Global Stock Forecast
Stock Price Forecast
The 6 analysts with 12-month price forecasts for RB Global stock have an average target of 94.92, with a low estimate of 86 and a high estimate of 105. The average target predicts an increase of 10.84% from the current stock price of 85.64.
Analyst Consensus: Buy
* Price targets were last updated on Sep 5, 2024.
Analyst Ratings
The average analyst rating for RB Global stock from 6 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 | May '24 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 5 | 5 | 5 | 4 | 5 | 5 |
| Hold | 1 | 1 | 1 | 1 | 1 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 6 | 6 | 6 | 5 | 6 | 6 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| BMO Capital | BMO Capital | Buy Initiates $105 | Buy | Initiates | $105 | +22.61% | Sep 5, 2024 |
| B of A Securities | B of A Securities | Hold Maintains $79 → $93 | Hold | Maintains | $79 → $93 | +8.02% | Aug 26, 2024 |
| Raymond James | Raymond James | Buy Maintains $95 → $98 | Buy | Maintains | $95 → $98 | +14.44% | Aug 8, 2024 |
| RBC Capital | RBC Capital | Buy Maintains $93 → $99 | Buy | Maintains | $93 → $99 | +15.61% | Aug 7, 2024 |
| Baird | Baird | Buy Maintains $80 → $86 | Buy | Maintains | $80 → $86 | +0.43% | Aug 7, 2024 |
Financial Forecast
Revenue This Year
4.28B
from 3.68B
Increased by 16.34%
Revenue Next Year
4.46B
from 4.28B
Increased by 4.23%
EPS This Year
3.34
from 1.04
Increased by 220.80%
EPS Next Year
3.70
from 3.34
Increased by 10.85%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 4.5B | 4.8B | 5.0B | ||
| Avg | 4.3B | 4.5B | 4.7B | ||
| Low | 4.1B | 4.2B | 4.4B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 23.6% | 12.5% | 12.4% | ||
| Avg | 16.3% | 4.2% | 5.2% | ||
| Low | 11.0% | -1.3% | -0.5% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 3.52 | 4.26 | 4.49 |
| Avg | 3.34 | 3.70 | 4.16 |
| Low | 3.19 | 3.33 | 3.87 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 238.2% | 27.8% | 21.5% |
| Avg | 220.8% | 10.8% | 12.4% |
| Low | 206.3% | -0.1% | 4.7% |
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.