Red Violet, Inc. (RDVT)
NASDAQ: RDVT · Real-Time Price · USD
36.44
+1.43 (4.08%)
Nov 21, 2024, 11:19 AM EST - Market open

Red Violet Stock Forecast

Stock Price Forecast

The 1 analyst with a 12-month price forecast for Red Violet stock has a target of 25, which predicts a decrease of -31.39% from the current stock price of 36.44.

Analyst Consensus: Strong Buy
Target Low Average Median High
Price $25 $25 $25 $25
Change -31.39% -31.39% -31.39% -31.39%
* Price targets were last updated on Mar 26, 2024.

Analyst Ratings

According to 1 stock analyst, the rating for Red Violet is "Strong Buy". This means that the analyst believes this stock is likely to perform very well in the near future and significantly outperform the market.

Recommendation Trends

Rating Oct '24Nov '24
Strong Buy 11
Buy 00
Hold 00
Sell 00
Strong Sell 00
Total 11

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
B. Riley Securities
B. Riley Securities
Strong Buy
Initiates
$25
Strong Buy Initiates $25 -31.39% Mar 26, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
75.18M
from 60.20M
Increased by 24.88%
Revenue Next Year
86.09M
from 75.18M
Increased by 14.52%
EPS This Year
0.83
from 0.96
Decreased by -13.62%
EPS Next Year
0.91
from 0.83
Increased by 10.33%
Fiscal Year FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Period Ending Dec 31, 2019 Dec 31, 2020 Dec 31, 2021 Dec 31, 2022 Dec 31, 2023 Dec 31, 2024 Dec 31, 2025
Revenue
30.29M34.59M44.02M53.32M60.20M75.18M86.09M
Revenue Growth
85.78%14.20%27.28%21.12%12.91%24.88%14.52%
EPS
-1.03-0.570.050.040.960.830.91
EPS Growth
----20.00%2,300.00%-13.62%10.33%
Forward PE
-----43.9439.83
No. Analysts -----33
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20242025
High 77.4M 88.6M
Avg 75.2M 86.1M
Low 72.2M 82.7M

Revenue Growth

Revenue Growth 20242025
High
28.5%
17.9%
Avg
24.9%
14.5%
Low
20.0%
10.0%

EPS Forecast

EPS 20242025
High 0.85 0.94
Avg 0.83 0.91
Low 0.80 0.88

EPS Growth

EPS Growth 20242025
High
-11.1%
13.6%
Avg
-13.6%
10.3%
Low
-17.0%
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.