Redfin Corporation (RDFN)
NASDAQ: RDFN · Real-Time Price · USD
9.23
-0.62 (-6.29%)
Nov 12, 2024, 3:04 PM EST - Market open

Redfin Stock Forecast

Stock Price Forecast

The 10 analysts with 12-month price forecasts for Redfin stock have an average target of 9.23, with a low estimate of 5.50 and a high estimate of 15. The average target predicts no change from the current stock price of 9.23.

Analyst Consensus: Hold
Target Low Average Median High
Price $5.50 $9.23 $9.00 $15
Change -40.41% 0.00% -2.49% +62.51%

Analyst Ratings

The average analyst rating for Redfin stock from 11 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.

Recommendation Trends

Rating Jun '24Jul '24Aug '24Sep '24Oct '24Nov '24
Strong Buy 000111
Buy 111111
Hold 999788
Sell 222221
Strong Sell 000000
Total 121212111211

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
JP Morgan
JP Morgan
Hold
Maintains
$7$8
Hold Maintains $7$8 -13.33% Nov 12, 2024
Susquehanna
Susquehanna
Hold
Maintains
$7$10
Hold Maintains $7$10 +8.34% Nov 11, 2024
Wedbush
Wedbush
Hold
Maintains
$8$10
Hold Maintains $8$10 +8.34% Nov 8, 2024
Jefferies
Jefferies
Hold
Maintains
$7.5$12
Hold Maintains $7.5$12 +24.59% Oct 22, 2024
B. Riley Securities
B. Riley Securities
Strong Buy
Maintains
$13$15
Strong Buy Maintains $13$15 +62.51% Sep 30, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
1.06B
from 976.67M
Increased by 8.63%
Revenue Next Year
1.18B
from 1.06B
Increased by 10.93%
EPS This Year
-1.23
from -1.16
EPS Next Year
-0.85
from -1.23
Fiscal Year FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026
Period Ending Dec 31, 2019 Dec 31, 2020 Dec 31, 2021 Dec 31, 2022 Dec 31, 2023 Dec 31, 2024 Dec 31, 2025 Dec 31, 2026
Revenue
779.80M886.09M1.06B1.10B976.67M1.06B1.18B1.30B
Revenue Growth
60.15%13.63%19.47%3.87%-11.18%8.63%10.93%10.28%
EPS
-0.88-0.23-1.12-2.99-1.16-1.23-0.85-0.63
EPS Growth
--------
Forward PE
--------
No. Analysts -----17179
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20242025202620272028
High 1.1B 1.3B 1.4B
Avg 1.1B 1.2B 1.3B
Low 1.0B 1.1B 1.2B

Revenue Growth

Revenue Growth 20242025202620272028
High
14.2%
26.8%
15.7%
Avg
8.6%
10.9%
10.3%
Low
2.6%
-0.2%
3.9%

EPS Forecast

EPS 20242025202620272028
High -1.18 -0.32 -0.50
Avg -1.23 -0.85 -0.63
Low -1.30 -1.11 -0.70

EPS Growth

EPS Growth 20242025202620272028
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.