Rockwell Medical, Inc. (RMTI)
NASDAQ: RMTI · Real-Time Price · USD
3.460
-0.015 (-0.43%)
At close: Oct 22, 2024, 4:00 PM
3.520
+0.060 (1.73%)
After-hours: Oct 22, 2024, 6:31 PM EDT
Rockwell Medical Stock Forecast
Stock Price Forecast
The 1 analyst with a 12-month price forecast for Rockwell Medical stock has a target of 9.00, which predicts an increase of 160.12% from the current stock price of 3.46.
Analyst Consensus: Strong Buy
* Price targets were last updated on Sep 11, 2024.
Analyst Ratings
According to 1 stock analyst, the rating for RMTI 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 | May '24 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 2 | 2 | 1 |
| 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 | 1 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy Reiterates $9 | Strong Buy | Reiterates | $9 | +160.12% | Sep 11, 2024 |
| HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy Reiterates $9 | Strong Buy | Reiterates | $9 | +160.12% | Sep 4, 2024 |
| HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy Reiterates $9 | Strong Buy | Reiterates | $9 | +160.12% | Aug 12, 2024 |
| HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy Reiterates $9 | Strong Buy | Reiterates | $9 | +160.12% | May 16, 2024 |
| HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy Maintains $11 → $9 | Strong Buy | Maintains | $11 → $9 | +160.12% | Mar 25, 2024 |
Financial Forecast
Revenue This Year
102.17M
from 83.61M
Increased by 22.20%
Revenue Next Year
111.12M
from 102.17M
Increased by 8.76%
EPS This Year
-0.03
from -0.37
EPS Next Year
0.07
from -0.03
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.