Rockwell Medical, Inc. (RMTI)
NASDAQ: RMTI · IEX Real-Time Price · USD
1.660
+0.020 (1.22%)
At close: Mar 28, 2024, 4:00 PM
1.680
+0.020 (1.20%)
After-hours: Mar 28, 2024, 5:54 PM EDT

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 321.69% from the current stock price of 1.66.

Analyst Consensus: Strong Buy
Target Low Average Median High
Price $5.00 $7.00 $9.00 $9.00
Change +201.20% +321.69% +442.17% +442.17%

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 Oct '23Nov '23Dec '23Jan '24Feb '24Mar '24
Strong Buy 222222
Buy 000000
Hold 000000
Sell 000000
Strong Sell 000000
Total 222222

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
HC Wainwright & Co.
HC Wainwright & Co.
Strong Buy
Maintains
$11$9
Strong Buy Maintains $11$9 +442.17% Mar 25, 2024
HC Wainwright & Co.
HC Wainwright & Co.
Strong Buy
Reiterates
$11
Strong Buy Reiterates $11 +562.65% Nov 15, 2023
Maxim Group
Maxim Group
Strong Buy
Initiates
$5
Strong Buy Initiates $5 +201.20% Oct 5, 2023
HC Wainwright & Co.
HC Wainwright & Co.
Strong Buy
Reiterates
$11
Strong Buy Reiterates $11 +562.65% Oct 4, 2023
HC Wainwright & Co.
HC Wainwright & Co.
Strong Buy
Reiterates
$11
Strong Buy Reiterates $11 +562.65% Sep 28, 2023
More Analyst Ratings

Financial Forecast

Revenue This Year
85.84M
from 72.81M
Increased by 17.89%
Revenue Next Year
99.97M
from 85.84M
Increased by 16.47%
EPS This Year
-0.41
from -1.89
EPS Next Year
-0.13
from -0.41
Year 20182019202020212022202320242025
Revenue
63.39M61.30M62.20M61.93M72.81M85.84M99.97M112.73M
Revenue Growth
10.63%-3.29%1.46%-0.43%17.57%17.89%16.47%12.76%
EPS
-6.71-6.16-4.51-3.83-1.89-0.41-0.130.05
EPS Growth
--------
No. Analysts -----443
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 202320242025
High 88.9M 104.9M 116.0M
Avg 85.8M 100.0M 112.7M
Low 81.9M 94.2M 108.3M

Revenue Growth

Revenue Growth 202320242025
High
22.1%
22.2%
16.1%
Avg
17.9%
16.5%
12.8%
Low
12.5%
9.7%
8.3%

EPS Forecast

EPS 202320242025
High -0.42 -0.12 0.05
Avg -0.41 -0.13 0.05
Low -0.39 -0.14 0.05

EPS Growth

EPS Growth 202320242025
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.