RF Industries, Ltd. (RFIL)
NASDAQ: RFIL · IEX Real-Time Price · USD
3.100
-0.010 (-0.32%)
Mar 28, 2024, 4:30 PM EDT - Market closed

RF Industries Stock Forecast

Stock Price Forecast

The 1 analyst with a 12-month price forecast for RF Industries stock has a target of 4.00, which predicts an increase of 29.03% from the current stock price of 3.10.

Analyst Consensus: Strong Buy
Target Low Average Median High
Price $4.00 $4.00 $4.00 $4.00
Change +29.03% +29.03% +29.03% +29.03%

Analyst Ratings

According to 1 stock analyst, the rating for RF Industries 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 Nov '23Dec '23Jan '24Feb '24Mar '24
Strong Buy 11111
Buy 00000
Hold 00000
Sell 00000
Strong Sell 00000
Total 11111

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
B. Riley Securities
B. Riley Securities
Strong Buy
Maintains
$4.25$4
Strong Buy Maintains $4.25$4 +29.03% Mar 20, 2024
B. Riley Securities
B. Riley Securities
Strong Buy
Maintains
$6$4.25
Strong Buy Maintains $6$4.25 +37.10% Sep 18, 2023
B. Riley Securities
B. Riley Securities
Strong Buy
Maintains
$10$9
Strong Buy Maintains $10$9 +190.32% Mar 14, 2022
B. Riley Securities
B. Riley Securities
Strong Buy
Initiates
n/a
Strong Buy Initiates n/a n/a Jan 29, 2020
More Analyst Ratings

Financial Forecast

Revenue This Year
75.30M
from 72.17M
Increased by 4.34%
Revenue Next Year
79.07M
from 75.30M
Increased by 5.00%
EPS This Year
0.14
from -0.30
EPS Next Year
0.17
from 0.14
Increased by 21.43%
Year 2019202020212022202320242025
Revenue
55.33M43.04M57.42M85.25M72.17M75.30M79.07M
Revenue Growth
10.22%-22.20%33.41%48.46%-15.35%4.34%5.00%
EPS
0.36-0.010.610.14-0.300.140.17
EPS Growth
-40.98%---77.05%--21.43%
No. Analysts -----33
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20242025
High 77.5M 81.4M
Avg 75.3M 79.1M
Low 72.3M 76.0M

Revenue Growth

Revenue Growth 20242025
High
7.4%
8.1%
Avg
4.3%
5.0%
Low
0.3%
0.9%

EPS Forecast

EPS 20242025
High 0.15 0.18
Avg 0.14 0.17
Low 0.14 0.17

EPS Growth

EPS Growth 20242025
High -
25.0%
Avg -
21.4%
Low -
16.7%
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.