Reservoir Media, Inc. (RSVR)
NASDAQ: RSVR · IEX Real-Time Price · USD
8.29
+0.04 (0.48%)
At close: Apr 23, 2024, 4:00 PM
8.23
-0.06 (-0.72%)
After-hours: Apr 23, 2024, 4:00 PM EDT
Reservoir Media Stock Forecast
Stock Price Forecast
The 1 analyst with a 12-month price forecast for Reservoir Media stock has a target of 13, which predicts an increase of 56.82% from the current stock price of 8.29.
Analyst Consensus: Strong Buy
* Price targets were last updated on Sep 13, 2023.
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 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 1 |
| Buy | 0 | 0 | 0 | 0 |
| Hold | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 |
| Total | 2 | 2 | 2 | 1 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Roth MKM | Roth MKM | Strong Buy Reiterates $13 | Strong Buy | Reiterates | $13 | +56.82% | Sep 13, 2023 |
| B. Riley Securities | B. Riley Securities | Strong Buy Initiates $11 | Strong Buy | Initiates | $11 | +32.69% | 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
143.84M
from 122.29M
Increased by 17.63%
Revenue Next Year
150.55M
from 143.84M
Increased by 4.66%
EPS This Year
-0.02
from 0.04
EPS Next Year
0.08
from -0.02
Revenue Forecast
| Revenue | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|
| High | 148.1M | 155.3M | 172.8M | 190.3M |
| Avg | 143.8M | 150.6M | 167.9M | 184.8M |
| Low | 138.2M | 144.4M | 161.3M | 177.6M |
Revenue Growth
| Revenue Growth | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|
| High | 21.1% | 8.0% | 14.8% | 13.3% |
| Avg | 17.6% | 4.7% | 11.5% | 10.1% |
| Low | 13.0% | 0.4% | 7.1% | 5.8% |
EPS Forecast
| EPS | 2023 | 2024 | 2025 |
|---|---|---|---|
| High | -0.01 | 0.09 | 0.16 |
| Avg | -0.02 | 0.08 | 0.15 |
| Low | -0.02 | 0.07 | 0.15 |
EPS Growth
| EPS Growth | 2023 | 2024 | 2025 |
|---|---|---|---|
| High | - | - | 93.0% |
| Avg | - | - | 87.5% |
| Low | - | - | 80.1% |
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.