Redwire Corporation (RDW)
NYSE: RDW · IEX Real-Time Price · USD
6.98
-0.06 (-0.85%)
At close: Jul 19, 2024, 4:00 PM
6.55
-0.43 (-6.16%)
Pre-market: Jul 22, 2024, 5:32 AM EDT
Redwire Stock Forecast
Stock Price Forecast
The 3 analysts with 12-month price forecasts for Redwire stock have an average target of 8.00, with a low estimate of 6.00 and a high estimate of 10. The average target predicts an increase of 14.61% from the current stock price of 6.98.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for Redwire stock from 3 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 2 | 2 | 1 |
| Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Hold | 0 | 0 | 0 | 0 | 0 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 3 | 3 | 3 | 3 | 3 | 3 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| B. Riley Securities | B. Riley Securities | Strong Buy → Hold Downgrades $6 → $8 | Strong Buy → Hold | Downgrades | $6 → $8 | +14.61% | Jul 22, 2024 |
| Cantor Fitzgerald | Cantor Fitzgerald | Buy Reiterates $6 | Buy | Reiterates | $6 | -14.04% | Jul 15, 2024 |
| Cantor Fitzgerald | Cantor Fitzgerald | Buy Reiterates $6 | Buy | Reiterates | $6 | -14.04% | Jul 1, 2024 |
| Cantor Fitzgerald | Cantor Fitzgerald | Buy Reiterates $6 | Buy | Reiterates | $6 | -14.04% | May 28, 2024 |
| Cantor Fitzgerald | Cantor Fitzgerald | Buy Maintains $5 → $6 | Buy | Maintains | $5 → $6 | -14.04% | May 10, 2024 |
Financial Forecast
Revenue This Year
307.39M
from 243.80M
Increased by 26.08%
Revenue Next Year
355.27M
from 307.39M
Increased by 15.58%
EPS This Year
-0.49
from -0.73
EPS Next Year
-0.23
from -0.49
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 325.5M | 384.3M | 441.0M | 527.3M |
| Avg | 307.4M | 355.3M | 416.7M | 507.2M |
| Low | 294.0M | 332.1M | 397.1M | 492.2M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 33.5% | 25.0% | 24.1% | 26.5% |
| Avg | 26.1% | 15.6% | 17.3% | 21.7% |
| Low | 20.6% | 8.0% | 11.8% | 18.1% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -0.42 | -0.18 | -0.03 |
| Avg | -0.49 | -0.23 | -0.03 |
| Low | -0.59 | -0.28 | -0.03 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| 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.