Rockwell Medical, Inc. (RMTI)
NASDAQ: RMTI · IEX Real-Time Price · USD
2.130
+0.025 (1.19%)
At close: Jul 12, 2024, 4:00 PM
2.020
-0.110 (-5.16%)
After-hours: Jul 12, 2024, 7:00 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 228.64% from the current stock price of 2.13.

Analyst Consensus: Strong Buy
Target Low Average Median High
Price $5.00 $7.00 $9.00 $9.00
Change +134.74% +228.64% +322.54% +322.54%
* Price targets were last updated on May 16, 2024.

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 Feb '24Mar '24Apr '24May '24Jun '24Jul '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
Reiterates
$9
Strong Buy Reiterates $9 +322.54% May 16, 2024
HC Wainwright & Co.
HC Wainwright & Co.
Strong Buy
Maintains
$11$9
Strong Buy Maintains $11$9 +322.54% Mar 25, 2024
HC Wainwright & Co.
HC Wainwright & Co.
Strong Buy
Reiterates
$11
Strong Buy Reiterates $11 +416.43% Nov 15, 2023
Maxim Group
Maxim Group
Strong Buy
Initiates
$5
Strong Buy Initiates $5 +134.74% Oct 5, 2023
HC Wainwright & Co.
HC Wainwright & Co.
Strong Buy
Reiterates
$11
Strong Buy Reiterates $11 +416.43% Oct 4, 2023
More Analyst Ratings

Financial Forecast

Revenue This Year
94.34M
from 83.61M
Increased by 12.83%
Revenue Next Year
104.66M
from 94.34M
Increased by 10.94%
EPS This Year
-0.14
from -0.37
EPS Next Year
0.03
from -0.14
Year 2019202020212022202320242025
Revenue
61.30M62.20M61.93M72.81M83.61M94.34M104.66M
Revenue Growth
-3.29%1.46%-0.43%17.57%14.84%12.83%10.94%
EPS
-6.16-4.51-3.83-1.31-0.37-0.140.03
EPS Growth
-------
Forward PE
------83.53
No. Analysts -----44
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20242025
High 97.8M 111.4M
Avg 94.3M 104.7M
Low 90.0M 97.2M

Revenue Growth

Revenue Growth 20242025
High
17.0%
18.0%
Avg
12.8%
10.9%
Low
7.6%
3.0%

EPS Forecast

EPS 20242025
High -0.14 0.04
Avg -0.14 0.03
Low -0.14 0.01

EPS Growth

EPS Growth 20242025
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.