Reservoir Media, Inc. (RSVR)
NASDAQ: RSVR · Real-Time Price · USD
8.33
+0.08 (0.97%)
Nov 4, 2024, 4:00 PM EST - Market closed

Reservoir Media Stock Forecast

Stock Price Forecast

The 1 analyst with a 12-month price forecast for Reservoir Media stock has a target of 12.5, which predicts an increase of 50.06% from the current stock price of 8.33.

Analyst Consensus: Strong Buy
Target Low Average Median High
Price $12.5 $12.5 $12.5 $12.5
Change +50.06% +50.06% +50.06% +50.06%

Analyst Ratings

According to 1 stock analyst, the rating for RSVR 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 Jun '24Jul '24Aug '24Sep '24Oct '24
Strong Buy 22221
Buy 00000
Hold 00000
Sell 00000
Strong Sell 00000
Total 22221

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
B. Riley Securities
B. Riley Securities
Strong Buy
Maintains
$12$13
Strong Buy Maintains $12$13 +50.06% Oct 31, 2024
B. Riley Securities
B. Riley Securities
Strong Buy
Maintains
$11$12
Strong Buy Maintains $11$12 +38.06% May 31, 2024
Roth MKM
Roth MKM
Strong Buy
Reiterates
$13
Strong Buy Reiterates $13 +56.06% Sep 13, 2023
B. Riley Securities
B. Riley Securities
Strong Buy
Initiates
$11
Strong Buy Initiates $11 +32.05% Jan 5, 2023
Roth Capital
Roth Capital
Strong Buy
Initiates
$13
Strong Buy Initiates $13 +56.06% Aug 23, 2021
More Analyst Ratings

Financial Forecast

Revenue This Year
153.11M
from 144.86M
Increased by 5.70%
Revenue Next Year
165.09M
from 153.11M
Increased by 7.82%
EPS This Year
0.10
from 0.01
Increased by 855.89%
EPS Next Year
0.16
from 0.10
Increased by 62.86%
Fiscal Year FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026
Period Ending Mar 31, 2020 Mar 31, 2021 Mar 31, 2022 Mar 31, 2023 Mar 31, 2024 Mar 31, 2025 Mar 31, 2026
Revenue
63.24M80.25M107.84M122.29M144.86M153.11M165.09M
Revenue Growth
28.46%26.89%34.39%13.40%18.46%5.70%7.82%
EPS
51.380.210.220.040.010.100.16
EPS Growth
66.73%-99.60%7.71%-82.36%-74.76%855.89%62.86%
Forward PE
-----87.5053.73
No. Analysts -----55
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20242025
High 159.1M 174.9M
Avg 153.1M 165.1M
Low 145.8M 156.2M

Revenue Growth

Revenue Growth 20242025
High
9.8%
14.3%
Avg
5.7%
7.8%
Low
0.6%
2.0%

EPS Forecast

EPS 20242025
High 0.11 0.18
Avg 0.10 0.16
Low 0.08 0.12

EPS Growth

EPS Growth 20242025
High
954.3%
87.5%
Avg
855.9%
62.9%
Low
687.2%
29.7%
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.