Redfin Corporation (RDFN)
NASDAQ: RDFN · Real-Time Price · USD
9.25
+0.64 (7.43%)
Apr 24, 2025, 4:00 PM EDT - Market closed
Redfin Stock Forecast
Stock Price Forecast
The 10 analysts with 12-month price forecasts for Redfin stock have an average target of 10.63, with a low estimate of 7.00 and a high estimate of 15. The average target predicts an increase of 14.92% from the current stock price of 9.25.
Analyst Consensus: Hold
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 | Nov '24 | Dec '24 | Jan '25 | Feb '25 | Mar '25 | Apr '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Hold | 8 | 8 | 8 | 8 | 8 | 9 |
| Sell | 1 | 1 | 1 | 1 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 11 | 11 | 11 | 11 | 10 | 11 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| RBC Capital | RBC Capital | Hold Maintains $8 → $13 | Hold | Maintains | $8 → $13 | +35.14% | Apr 15, 2025 |
| JP Morgan | JP Morgan | Hold Maintains $7 → $13 | Hold | Maintains | $7 → $13 | +35.14% | Mar 24, 2025 |
| Piper Sandler | Piper Sandler | Sell → Hold Upgrades $4 → $13 | Sell → Hold | Upgrades | $4 → $13 | +35.14% | Mar 11, 2025 |
| Needham | Needham | Hold Reiterates n/a | Hold | Reiterates | n/a | n/a | Mar 11, 2025 |
| Piper Sandler | Piper Sandler | Sell Maintains $7 → $4 | Sell | Maintains | $7 → $4 | -56.76% | Mar 6, 2025 |
Financial Forecast
Revenue This Year
1.05B
from 1.04B
Increased by 0.39%
Revenue Next Year
1.11B
from 1.05B
Increased by 5.92%
EPS This Year
-1.10
from -1.36
EPS Next Year
-0.68
from -1.10
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.
Revenue Forecast
| Revenue | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 1.2B | 1.3B | 1.5B | ||
| Avg | 1.0B | 1.1B | 1.2B | ||
| Low | 907.1M | 921.2M | 1.1B |
Revenue Growth
| Revenue Growth | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 11.2% | 28.2% | 33.5% | ||
| Avg | 0.4% | 5.9% | 12.6% | ||
| Low | -13.0% | -12.0% | - |
EPS Forecast
| EPS | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|
| High | -0.53 | -0.19 | -0.22 | |
| Avg | -1.10 | -0.68 | -0.50 | |
| Low | -1.27 | -0.88 | -0.77 |
EPS Growth
| EPS Growth | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|
| 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.