Red Violet, Inc. (RDVT)
NASDAQ: RDVT · IEX Real-Time Price · USD
25.12
-0.74 (-2.86%)
At close: Jul 19, 2024, 4:00 PM
25.20
+0.08 (0.32%)
Pre-market: Jul 20, 2024, 9:29 AM EDT

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 -0.48% from the current stock price of 25.12.

Analyst Consensus: Strong Buy
Target Low Average Median High
Price $25 $25 $25 $25
Change -0.48% -0.48% -0.48% -0.48%
* 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 Jun '24Jul '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 -0.48% Mar 26, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
70.44M
from 60.20M
Increased by 17.00%
Revenue Next Year
80.67M
from 70.44M
Increased by 14.53%
EPS This Year
0.65
from 0.96
Decreased by -32.00%
EPS Next Year
0.79
from 0.65
Increased by 20.31%
Year 2019202020212022202320242025
Revenue
30.29M34.59M44.02M53.32M60.20M70.44M80.67M
Revenue Growth
85.78%14.20%27.28%21.12%12.91%17.00%14.53%
EPS
-1.03-0.570.050.040.960.650.79
EPS Growth
----20.00%2,300.00%-32.00%20.31%
Forward PE
-----38.4831.98
No. Analysts -----33
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20242025
High 72.5M 83.0M
Avg 70.4M 80.7M
Low 67.7M 77.5M

Revenue Growth

Revenue Growth 20242025
High
20.4%
17.9%
Avg
17.0%
14.5%
Low
12.4%
10.0%

EPS Forecast

EPS 20242025
High 0.67 0.81
Avg 0.65 0.79
Low 0.63 0.75

EPS Growth

EPS Growth 20242025
High
-30.0%
23.9%
Avg
-32.0%
20.3%
Low
-34.7%
15.6%
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.