Rockwell Medical Stock Forecast

Stock Price Forecast

The 2 analysts with 12-month price forecasts for Rockwell Medical stock have an average target of 7.00, with a low estimate of 5.00 and a high estimate of 9.00. The average target predicts an increase of 218.18% from the current stock price of 2.20.

Analyst Consensus: Strong Buy

Target	Low	Average	Median	High
Price	$5.00	$7.00	$9.00	$9.00
Change	+127.27%	+218.18%	+309.09%	+309.09%

Analyst Ratings

The average analyst rating for RMTI stock from 2 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	Jun '24	Jul '24	Aug '24	Sep '24	Oct '24	Nov '24
Strong Buy	2	2	2	2	2	2
Buy	0	0	0	0	0	0
Hold	0	0	0	0	0	0
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	2	2	2	2	2	2

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Brandon Folkes Rodman & Renshaw	Rodman & Renshaw	Strong Buy Initiates $5	Strong Buy	Initiates	$5	+127.27%	Nov 14, 2024
Raghuram Selvaraju HC Wainwright & Co.	HC Wainwright & Co.	Strong Buy Reiterates $9	Strong Buy	Reiterates	$9	+309.09%	Sep 11, 2024
Raghuram Selvaraju HC Wainwright & Co.	HC Wainwright & Co.	Strong Buy Reiterates $9	Strong Buy	Reiterates	$9	+309.09%	Sep 4, 2024
Raghuram Selvaraju HC Wainwright & Co.	HC Wainwright & Co.	Strong Buy Reiterates $9	Strong Buy	Reiterates	$9	+309.09%	Aug 12, 2024
Raghuram Selvaraju HC Wainwright & Co.	HC Wainwright & Co.	Strong Buy Reiterates $9	Strong Buy	Reiterates	$9	+309.09%	May 16, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

102.17M

from 83.61M

22.20%

from 83.61M

Revenue Next Year

111.12M

from 102.17M

8.76%

from 102.17M

EPS This Year

-0.03

from -0.37

EPS Next Year

0.07

from -0.03

Fiscal Year	FY 2019	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025
Period Ending	Dec 31, 2019	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025
Revenue	61.30M	62.20M	61.93M	72.81M	83.61M	102.17M	111.12M
Revenue Growth	-3.29%	1.46%	-0.43%	17.57%	14.84%	22.20%	8.76%
EPS	-6.16	-4.49	-3.83	-1.31	-0.37	-0.03	0.07
EPS Growth	-	-	-	-	-	-	-
Forward PE	-	-	-	-	-	-	30.81
No. Analysts	-	-	-	-	-	4	4

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2024	2025
High	106.6M	116.2M
Avg	102.2M	111.1M
Low	96.8M	105.1M

Revenue Growth

Revenue Growth	2024	2025
High	27.5%	13.7%
Avg	22.2%	8.8%
Low	15.8%	2.9%

EPS Forecast

EPS	2024	2025
High	-0.03	0.07
Avg	-0.03	0.07
Low	-0.03	0.07

EPS Growth

EPS Growth	2024	2025
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.