Reservoir Media, Inc. (RSVR)
NASDAQ: RSVR · IEX Real-Time Price · USD
7.73
+0.01 (0.13%)
At close: Jul 19, 2024, 4:00 PM
7.79
+0.06 (0.78%)
Pre-market: Jul 20, 2024, 9:29 AM EDT
Reservoir Media Stock Forecast
Stock Price Forecast
The 2 analysts with 12-month price forecasts for Reservoir Media stock have an average target of 12.25, with a low estimate of 11.5 and a high estimate of 13. The average target predicts an increase of 58.47% from the current stock price of 7.73.
Analyst Consensus: Strong Buy
* Price targets were last updated on May 31, 2024.
Analyst Ratings
The average analyst rating for RSVR 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 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 2 | 2 |
| Buy | 0 | 0 | 0 | 0 | 0 |
| Hold | 0 | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 |
| Total | 2 | 2 | 2 | 2 | 2 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| B. Riley Securities | B. Riley Securities | Strong Buy Maintains $11 → $12 | Strong Buy | Maintains | $11 → $12 | +48.77% | May 31, 2024 |
| Roth MKM | Roth MKM | Strong Buy Reiterates $13 | Strong Buy | Reiterates | $13 | +68.18% | Sep 13, 2023 |
| B. Riley Securities | B. Riley Securities | Strong Buy Initiates $11 | Strong Buy | Initiates | $11 | +42.30% | Jan 5, 2023 |
| Roth Capital | Roth Capital | Strong Buy Initiates n/a | Strong Buy | Initiates | n/a | n/a | Aug 23, 2021 |
Financial Forecast
Revenue This Year
152.83M
from 144.86M
Increased by 5.51%
Revenue Next Year
165.98M
from 152.83M
Increased by 8.60%
EPS This Year
0.25
from 0.01
Increased by 2,381.97%
EPS Next Year
0.14
from 0.25
Decreased by -44.52%
Revenue Forecast
| Revenue | 2024 | 2025 |
|---|---|---|
| High | 159.4M | 175.4M |
| Avg | 152.8M | 166.0M |
| Low | 145.5M | 155.2M |
Revenue Growth
| Revenue Growth | 2024 | 2025 |
|---|---|---|
| High | 10.1% | 14.8% |
| Avg | 5.5% | 8.6% |
| Low | 0.5% | 1.6% |
EPS Forecast
| EPS | 2024 | 2025 |
|---|---|---|
| High | 0.59 | 0.16 |
| Avg | 0.25 | 0.14 |
| Low | 0.08 | 0.12 |
EPS Growth
| EPS Growth | 2024 | 2025 |
|---|---|---|
| High | 5,780.0% | -36.5% |
| Avg | 2,382.0% | -44.5% |
| Low | 684.0% | -52.6% |
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.