Runway Growth Finance Corp. (RWAY)
NASDAQ: RWAY · IEX Real-Time Price · USD
11.79
-0.01 (-0.08%)
At close: Jul 19, 2024, 4:00 PM
12.15
+0.36 (3.05%)
Pre-market: Jul 22, 2024, 6:06 AM EDT
Runway Growth Finance Stock Forecast
Stock Price Forecast
The 6 analysts with 12-month price forecasts for RWAY stock have an average target of 12.54, with a low estimate of 12 and a high estimate of 13.5. The average target predicts an increase of 6.36% from the current stock price of 11.79.
Analyst Consensus: Hold
Analyst Ratings
The average analyst rating for RWAY stock from 8 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 1 | 1 | 1 |
| Buy | 1 | 0 | 0 | 0 | 0 | 0 |
| Hold | 2 | 6 | 6 | 6 | 7 | 7 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 5 | 8 | 8 | 7 | 8 | 8 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| B of A Securities | B of A Securities | Hold Initiates $12 | Hold | Initiates | $12 | +1.78% | Jun 28, 2024 |
| B. Riley Securities | B. Riley Securities | Hold Maintains $14 → $13 | Hold | Maintains | $14 → $13 | +6.02% | May 20, 2024 |
| Compass Point | Compass Point | Strong Buy → Hold Downgrades $13 | Strong Buy → Hold | Downgrades | $13 | +8.14% | May 8, 2024 |
| Wells Fargo | Wells Fargo | Hold Maintains $13 → $12 | Hold | Maintains | $13 → $12 | +1.78% | May 8, 2024 |
| UBS | UBS | Strong Buy Maintains $15 → $14 | Strong Buy | Maintains | $15 → $14 | +14.50% | Mar 18, 2024 |
Financial Forecast
Revenue This Year
159.05M
from 164.21M
Decreased by -3.14%
Revenue Next Year
158.78M
from 159.05M
Decreased by -0.17%
EPS This Year
1.84
from 1.09
Increased by 68.84%
EPS Next Year
1.80
from 1.84
Decreased by -2.31%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 169.7M | 174.8M | 116.5M |
| Avg | 159.1M | 158.8M | 113.2M |
| Low | 148.0M | 148.9M | 108.7M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 3.4% | 9.9% | -26.6% |
| Avg | -3.1% | -0.2% | -28.7% |
| Low | -9.9% | -6.4% | -31.5% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 1.99 | 1.90 | 1.83 |
| Avg | 1.84 | 1.80 | 1.77 |
| Low | 1.67 | 1.65 | 1.71 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 83.0% | 3.3% | 1.6% |
| Avg | 68.8% | -2.3% | -1.3% |
| Low | 53.6% | -10.5% | -5.1% |
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.