RadNet, Inc. (RDNT)
NASDAQ: RDNT · IEX Real-Time Price · USD
59.53
+0.98 (1.67%)
At close: Jul 2, 2024, 4:00 PM
59.80
+0.27 (0.45%)
After-hours: Jul 2, 2024, 7:16 PM EDT
RadNet Stock Forecast
Stock Price Forecast
The 4 analysts with 12-month price forecasts for RadNet stock have an average target of 57.25, with a low estimate of 48 and a high estimate of 63. The average target predicts a decrease of -3.83% from the current stock price of 59.53.
Analyst Consensus: Strong Buy
* Price targets were last updated on May 15, 2024.
Analyst Ratings
The average analyst rating for RadNet stock from 4 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 | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 2 | 2 | 2 | 2 |
| Buy | 2 | 2 | 2 | 2 | 1 | 1 |
| Hold | 0 | 0 | 1 | 1 | 1 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 3 | 3 | 5 | 5 | 4 | 4 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Truist Securities | Truist Securities | Strong Buy Reiterates $55 → $63 | Strong Buy | Reiterates | $55 → $63 | +5.83% | May 15, 2024 |
| Raymond James | Raymond James | Buy Maintains $50 → $60 | Buy | Maintains | $50 → $60 | +0.79% | May 10, 2024 |
| Truist Securities | Truist Securities | Strong Buy Reiterates $51 → $55 | Strong Buy | Reiterates | $51 → $55 | -7.61% | Mar 28, 2024 |
| Jefferies | Jefferies | Strong Buy Maintains $47 → $58 | Strong Buy | Maintains | $47 → $58 | -2.57% | Mar 22, 2024 |
| Barclays | Barclays | Hold Initiates $48 | Hold | Initiates | $48 | -19.37% | Mar 6, 2024 |
Financial Forecast
Revenue This Year
1.81B
from 1.62B
Increased by 11.65%
Revenue Next Year
1.95B
from 1.81B
Increased by 8.20%
EPS This Year
0.67
from 0.05
Increased by 1,238.24%
EPS Next Year
0.81
from 0.67
Increased by 21.57%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 1.9B | 2.1B | 2.1B |
| Avg | 1.8B | 2.0B | 2.1B |
| Low | 1.7B | 1.8B | 2.0B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 16.3% | 15.2% | 8.7% |
| Avg | 11.7% | 8.2% | 5.5% |
| Low | 6.6% | 1.9% | 1.4% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 0.91 | 1.34 | 1.16 |
| Avg | 0.67 | 0.81 | 0.96 |
| Low | 0.45 | 0.38 | 0.76 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 1,727.0% | 100.9% | 42.0% |
| Avg | 1,238.2% | 21.6% | 17.9% |
| Low | 801.6% | -42.9% | -6.0% |
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.