Runway Growth Finance Corp. (RWAY)
NASDAQ: RWAY · Real-Time Price · USD
10.55
+0.30 (2.93%)
Dec 20, 2024, 4:00 PM EST - Market closed
Runway Growth Finance Stock Forecast
Stock Price Forecast
The 7 analysts with 12-month price forecasts for RWAY stock have an average target of 11.82, with a low estimate of 11 and a high estimate of 13.5. The average target predicts an increase of 12.04% from the current stock price of 10.55.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for RWAY stock from 9 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 | Dec '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 2 | 2 | 2 | 2 | 2 |
| Buy | 0 | 0 | 0 | 0 | 0 | 1 |
| Hold | 7 | 6 | 6 | 7 | 7 | 6 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 8 | 8 | 8 | 9 | 9 | 9 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Wells Fargo | Wells Fargo | Hold → Buy Upgrades $11 | Hold → Buy | Upgrades | $11 | +4.27% | Dec 2, 2024 |
| Wells Fargo | Wells Fargo | Hold Maintains $11 → $10 | Hold | Maintains | $11 → $10 | -5.21% | Oct 29, 2024 |
| Compass Point | Compass Point | Hold → Strong Buy Upgrades $13 → $11 | Hold → Strong Buy | Upgrades | $13 → $11 | +6.64% | Aug 15, 2024 |
| Wells Fargo | Wells Fargo | Hold Maintains $12 → $11 | Hold | Maintains | $12 → $11 | +4.27% | Aug 12, 2024 |
| JP Morgan | JP Morgan | Hold Maintains $13 → $12 | Hold | Maintains | $13 → $12 | +9.00% | Jul 29, 2024 |
Financial Forecast
Revenue This Year
150.02M
from 164.21M
Decreased by -8.64%
Revenue Next Year
143.47M
from 150.02M
Decreased by -4.37%
EPS This Year
1.70
from 1.09
Increased by 55.14%
EPS Next Year
1.63
from 1.70
Decreased by -3.90%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 155.4M | 158.9M | 161.2M |
| Avg | 150.0M | 143.5M | 135.5M |
| Low | 143.2M | 126.8M | 101.9M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -5.4% | 5.9% | 12.4% |
| Avg | -8.6% | -4.4% | -5.6% |
| Low | -12.8% | -15.5% | -29.0% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 1.79 | 1.75 | 1.72 |
| Avg | 1.70 | 1.63 | 1.64 |
| Low | 1.61 | 1.49 | 1.53 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 63.1% | 3.3% | 5.5% |
| Avg | 55.1% | -3.9% | 0.8% |
| Low | 46.8% | -12.3% | -6.3% |
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.