Redwire Corporation (RDW)
NYSE: RDW · Real-Time Price · USD
7.65
-0.11 (-1.42%)
At close: Nov 4, 2024, 4:00 PM
7.76
+0.11 (1.44%)
After-hours: Nov 4, 2024, 7:40 PM EST
Redwire Stock Forecast
Stock Price Forecast
The 4 analysts with 12-month price forecasts for Redwire stock have an average target of 8.44, with a low estimate of 6.00 and a high estimate of 10. The average target predicts an increase of 10.33% from the current stock price of 7.65.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for Redwire 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 | May '24 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 3 | 3 | 2 |
| Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Hold | 0 | 0 | 1 | 0 | 0 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 3 | 3 | 4 | 4 | 4 | 4 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| B. Riley Securities | B. Riley Securities | Strong Buy → Hold Downgrades $8 → $9.5 | Strong Buy → Hold | Downgrades | $8 → $9.5 | +24.18% | Oct 29, 2024 |
| Cantor Fitzgerald | Cantor Fitzgerald | Buy Reiterates $6 | Buy | Reiterates | $6 | -21.57% | Sep 30, 2024 |
| Cantor Fitzgerald | Cantor Fitzgerald | Buy Reiterates $6 | Buy | Reiterates | $6 | -21.57% | Sep 23, 2024 |
| Cantor Fitzgerald | Cantor Fitzgerald | Buy Reiterates $6 | Buy | Reiterates | $6 | -21.57% | Sep 9, 2024 |
| Cantor Fitzgerald | Cantor Fitzgerald | Buy Reiterates $6 | Buy | Reiterates | $6 | -21.57% | Sep 3, 2024 |
Financial Forecast
Revenue This Year
312.59M
from 243.80M
Increased by 28.22%
Revenue Next Year
363.07M
from 312.59M
Increased by 16.15%
EPS This Year
-0.88
from -0.73
EPS Next Year
-0.28
from -0.88
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 326.5M | 393.8M | 453.6M | |
| Avg | 312.6M | 363.1M | 417.6M | |
| Low | 300.4M | 332.1M | 381.6M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 33.9% | 26.0% | 24.9% | |
| Avg | 28.2% | 16.1% | 15.0% | |
| Low | 23.2% | 6.2% | 5.1% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -0.87 | -0.25 | -0.16 |
| Avg | -0.88 | -0.28 | -0.18 |
| Low | -0.92 | -0.29 | -0.21 |
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.