Reliance, Inc. (RS)
NYSE: RS · Real-Time Price · USD
288.48
+1.39 (0.48%)
Nov 4, 2024, 12:42 PM EST - Market open

Reliance Stock Forecast

Stock Price Forecast

The 3 analysts with 12-month price forecasts for Reliance stock have an average target of 345, with a low estimate of 325 and a high estimate of 380. The average target predicts an increase of 19.59% from the current stock price of 288.48.

Analyst Consensus: Hold
Target Low Average Median High
Price $325 $345 $330 $380
Change +12.66% +19.59% +14.39% +31.72%

Analyst Ratings

The average analyst rating for Reliance stock from 4 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.

Recommendation Trends

Rating May '24Jun '24Jul '24Aug '24Sep '24Oct '24
Strong Buy 000000
Buy 222222
Hold 221111
Sell 001111
Strong Sell 000000
Total 444444

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
BMO Capital
BMO Capital
Buy
Maintains
$340$330
Buy Maintains $340$330 +14.39% Oct 25, 2024
Keybanc
Keybanc
Buy
Maintains
$335$325
Buy Maintains $335$325 +12.66% Oct 14, 2024
Wolfe Research
Wolfe Research
Sell
Downgrades
n/a
Sell Downgrades n/a n/a Jul 26, 2024
Keybanc
Keybanc
Buy
Maintains
$341$325
Buy Maintains $341$325 +12.66% Jul 3, 2024
B of A Securities
B of A Securities
Hold
Maintains
$340$335
Hold Maintains $340$335 +16.13% Jun 26, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
14.21B
from 14.81B
Decreased by -4.00%
Revenue Next Year
14.39B
from 14.21B
Increased by 1.23%
EPS This Year
16.92
from 22.64
Decreased by -25.27%
EPS Next Year
17.76
from 16.92
Increased by 4.99%
Fiscal Year FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026
Period Ending Dec 31, 2019 Dec 31, 2020 Dec 31, 2021 Dec 31, 2022 Dec 31, 2023 Dec 31, 2024 Dec 31, 2025 Dec 31, 2026
Revenue
10.97B8.81B14.09B17.03B14.81B14.21B14.39B14.49B
Revenue Growth
-4.86%-19.70%59.93%20.80%-13.03%-4.00%1.23%0.72%
EPS
10.345.6621.9729.9222.6416.9217.7617.97
EPS Growth
18.17%-45.26%288.16%36.19%-24.33%-25.27%4.99%1.18%
Forward PE
-----17.0516.2416.05
No. Analysts -----11116
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 202420252026
High 14.5B 14.9B 15.1B
Avg 14.2B 14.4B 14.5B
Low 13.4B 13.3B 13.5B

Revenue Growth

Revenue Growth 202420252026
High
-1.9%
5.1%
4.9%
Avg
-4.0%
1.2%
0.7%
Low
-9.2%
-6.5%
-6.3%

EPS Forecast

EPS 202420252026
High 17.38 20.63 18.98
Avg 16.92 17.76 17.97
Low 16.02 14.44 16.48

EPS Growth

EPS Growth 202420252026
High
-23.2%
21.9%
6.9%
Avg
-25.3%
5.0%
1.2%
Low
-29.2%
-14.7%
-7.2%
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.