RCM Technologies Stock Forecast

Stock Price Forecast

The 2 analysts with 12-month price forecasts for RCM Technologies stock have an average target of 37, which predicts an increase of 69.80% from the current stock price of 21.79.

Analyst Consensus: Strong Buy

Target	Low	Average	Median	High
Price	$37	$37	$37	$37
Change	+69.80%	+69.80%	+69.80%	+69.80%

* Price targets were last updated on Nov 11, 2024.

Analyst Ratings

The average analyst rating for RCMT stock from 2 stock analysts 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	Jul '24	Aug '24	Sep '24	Oct '24	Nov '24	Dec '24
Strong Buy	2	2	2	2	2	2
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	2	2	2	2	2	2

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Bill Sutherland Benchmark	Benchmark	Strong Buy Maintains $33 → $37	Strong Buy	Maintains	$33 → $37	+69.80%	Nov 11, 2024
Alex Rygiel B. Riley Securities	B. Riley Securities	Strong Buy Maintains $35 → $37	Strong Buy	Maintains	$35 → $37	+69.80%	Nov 11, 2024
Bill Sutherland Benchmark	Benchmark	Strong Buy Reiterates $33	Strong Buy	Reiterates	$33	+51.45%	Aug 13, 2024
Bill Sutherland Benchmark	Benchmark	Strong Buy Reiterates $33	Strong Buy	Reiterates	$33	+51.45%	May 15, 2024
Bill Sutherland Benchmark	Benchmark	Strong Buy Maintains $28 → $33	Strong Buy	Maintains	$28 → $33	+51.45%	Nov 13, 2023

More Analyst Ratings

Financial Forecast

Revenue This Year

285.17M

from 263.24M

8.33%

from 263.24M

Revenue Next Year

317.17M

from 285.17M

11.22%

from 285.17M

EPS This Year

2.11

from 1.96

7.72%

from 1.96

EPS Next Year

2.53

from 2.11

20.05%

from 2.11

Fiscal Year	FY 2019	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025
Period Ending	Dec 28, 2019	Jan 2, 2021	Jan 1, 2022	Dec 31, 2022	Dec 30, 2023	Dec 31, 2024	Dec 31, 2025
Revenue	191.10M	150.41M	203.88M	284.68M	263.24M	285.17M	317.17M
Revenue Growth	-4.62%	-21.29%	35.55%	39.63%	-7.53%	8.33%	11.22%
EPS	0.31	-0.73	0.95	2.00	1.96	2.11	2.53
EPS Growth	40.91%	-	-	110.53%	-2.00%	7.72%	20.05%
Forward PE	-	-	-	-	-	10.32	8.60
No. Analysts	-	-	-	-	-	4	4

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

Revenue Forecast

Revenue	2024	2025
High	294.5M	329.3M
Avg	285.2M	317.2M
Low	273.1M	302.1M

Revenue Growth

Revenue Growth	2024	2025
High	11.9%	15.5%
Avg	8.3%	11.2%
Low	3.7%	5.9%

EPS Forecast

EPS	2024	2025
High	2.17	2.70
Avg	2.11	2.53
Low	2.03	2.35

EPS Growth

EPS Growth	2024	2025
High	10.9%	27.8%
Avg	7.7%	20.0%
Low	3.5%	11.4%

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.