REV Group, Inc. (REVG)
NYSE: REVG · IEX Real-Time Price · USD
24.58
+0.68 (2.85%)
Jul 19, 2024, 4:00 PM EDT - Market closed
REV Group Stock Forecast
Stock Price Forecast
The 4 analysts with 12-month price forecasts for REV Group stock have an average target of 22.38, with a low estimate of 20 and a high estimate of 29.5. The average target predicts a decrease of -8.95% from the current stock price of 24.58.
Analyst Consensus: Hold
* Price targets were last updated on Jun 11, 2024.
Analyst Ratings
The average analyst rating for REV Group stock from 4 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Hold | 2 | 2 | 2 | 2 | 2 | 1 |
| Sell | 1 | 1 | 1 | 1 | 0 | 0 |
| Strong Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Total | 6 | 6 | 6 | 6 | 5 | 4 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Morgan Stanley | Morgan Stanley | Hold Initiates $30 | Hold | Initiates | $30 | +20.02% | Jun 11, 2024 |
| Goldman Sachs | Goldman Sachs | Strong Sell Maintains $18 → $20 | Strong Sell | Maintains | $18 → $20 | -18.63% | Apr 16, 2024 |
| Goldman Sachs | Goldman Sachs | Strong Sell Maintains $16 → $18 | Strong Sell | Maintains | $16 → $18 | -26.77% | Mar 11, 2024 |
| Goldman Sachs | Goldman Sachs | Strong Sell Maintains $16 → $18 | Strong Sell | Maintains | $16 → $18 | -26.77% | Mar 8, 2024 |
| DA Davidson | DA Davidson | Hold → Strong Buy Upgrades $16 → $20 | Hold → Strong Buy | Upgrades | $16 → $20 | -18.63% | Sep 27, 2023 |
Financial Forecast
Revenue This Year
2.49B
from 2.64B
Decreased by -5.50%
Revenue Next Year
2.56B
from 2.49B
Increased by 2.49%
EPS This Year
1.61
from 0.77
Increased by 109.07%
EPS Next Year
2.18
from 1.61
Increased by 35.59%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 2.6B | 2.7B | 2.7B |
| Avg | 2.5B | 2.6B | 2.6B |
| Low | 2.4B | 2.4B | 2.3B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -2.0% | 7.2% | 7.0% |
| Avg | -5.5% | 2.5% | 0.2% |
| Low | -9.7% | -3.6% | -9.7% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 1.72 | 2.70 | 2.52 |
| Avg | 1.61 | 2.18 | 2.24 |
| Low | 1.48 | 1.92 | 1.81 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 123.6% | 67.6% | 15.4% |
| Avg | 109.1% | 35.6% | 2.4% |
| Low | 92.2% | 19.3% | -17.2% |
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.