Revolution Medicines, Inc. (RVMD)
NASDAQ: RVMD · Real-Time Price · USD
55.13
-2.24 (-3.90%)
Nov 15, 2024, 4:00 PM EST - Market closed

Revolution Medicines Stock Forecast

Stock Price Forecast

The 13 analysts with 12-month price forecasts for RVMD stock have an average target of 57, with a low estimate of 30 and a high estimate of 82. The average target predicts an increase of 3.39% from the current stock price of 55.13.

Analyst Consensus: Strong Buy
Target Low Average Median High
Price $30 $57 $60 $82
Change -45.58% +3.39% +8.83% +48.74%

Analyst Ratings

The average analyst rating for RVMD stock from 13 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 Jun '24Jul '24Aug '24Sep '24Oct '24Nov '24
Strong Buy 666566
Buy 677777
Hold 000000
Sell 000000
Strong Sell 000000
Total 121313121313

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Needham
Needham
Strong Buy
Maintains
$61$68
Strong Buy Maintains $61$68 +23.34% Nov 7, 2024
HC Wainwright & Co.
HC Wainwright & Co.
Strong Buy
Maintains
$62$64
Strong Buy Maintains $62$64 +16.09% Nov 7, 2024
JP Morgan
JP Morgan
Buy
Maintains
$54$63
Buy Maintains $54$63 +14.28% Nov 7, 2024
Piper Sandler
Piper Sandler
Buy
Maintains
$57$70
Buy Maintains $57$70 +26.97% Nov 7, 2024
Guggenheim
Guggenheim
Strong Buy
Maintains
$72$82
Strong Buy Maintains $72$82 +48.74% Oct 28, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
306.00K
from 11.58M
Decreased by -97.36%
Revenue Next Year
1.22M
from 306.00K
Increased by 300.00%
EPS This Year
-3.51
from -3.86
EPS Next Year
-4.13
from -3.51
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
50.04M42.98M29.39M35.38M11.58M306.00K1.22M17.16M
Revenue Growth
148.16%-14.10%-31.62%20.38%-67.27%-97.36%300.00%1,301.55%
EPS
-22.33-2.01-2.57-3.08-3.86-3.51-4.13-4.34
EPS Growth
--------
Forward PE
--------
No. Analysts -----181815
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20242025202620272028
High 4.7M 18.9M 154.1M
Avg 306,000 1.2M 17.2M
Low n/a n/a n/a

Revenue Growth

Revenue Growth 20242025202620272028
High
-59.2%
6,076.5%
12,493.1%
Avg
-97.4%
300.0%
1,301.6%
Low - - -

EPS Forecast

EPS 20242025202620272028
High -3.54 -3.35 -2.91
Avg -3.51 -4.13 -4.34
Low -3.47 -4.56 -4.60

EPS Growth

EPS Growth 20242025202620272028
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.