Runway Growth Finance Corp. (RWAY)
NASDAQ: RWAY · IEX Real-Time Price · USD
12.57
+0.01 (0.08%)
At close: Apr 22, 2024, 4:00 PM
12.51
-0.06 (-0.48%)
Pre-market: Apr 23, 2024, 8:29 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 12.88, with a low estimate of 12 and a high estimate of 13.5. The average target predicts an increase of 2.47% from the current stock price of 12.57.
Analyst Consensus: Buy
* Price targets were last updated on Mar 18, 2024.
Analyst Ratings
The average analyst rating for RWAY stock from 8 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 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| Buy | 1 | 1 | 1 | 1 | 0 | 0 |
| Hold | 2 | 2 | 2 | 2 | 6 | 6 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 5 | 5 | 5 | 5 | 8 | 8 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| UBS | UBS | Strong Buy Maintains $15 → $14 | Strong Buy | Maintains | $15 → $14 | +7.40% | Mar 18, 2024 |
| Compass Point | Compass Point | Strong Buy Maintains $14 → $13 | Strong Buy | Maintains | $14 → $13 | +1.43% | Mar 11, 2024 |
| Ladenburg Thalmann | Ladenburg Thalmann | Strong Buy → Hold Downgrades n/a | Strong Buy → Hold | Downgrades | n/a | n/a | Mar 8, 2024 |
| Oppenheimer | Oppenheimer | Buy → Hold Downgrades n/a | Buy → Hold | Downgrades | n/a | n/a | Mar 8, 2024 |
| B. Riley Securities | B. Riley Securities | Strong Buy → Hold Downgrades $15 → $14 | Strong Buy → Hold | Downgrades | $15 → $14 | +7.40% | Mar 8, 2024 |
Financial Forecast
Revenue This Year
161.00M
from 164.21M
Decreased by -1.95%
Revenue Next Year
162.28M
from 161.00M
Increased by 0.80%
EPS This Year
1.86
from 1.09
Increased by 70.57%
EPS Next Year
1.84
from 1.86
Decreased by -1.29%
Revenue Forecast
| Revenue | 2024 | 2025 |
|---|---|---|
| High | 169.1M | 173.7M |
| Avg | 161.0M | 162.3M |
| Low | 152.3M | 151.1M |
Revenue Growth
| Revenue Growth | 2024 | 2025 |
|---|---|---|
| High | 3.0% | 7.9% |
| Avg | -2.0% | 0.8% |
| Low | -7.3% | -6.1% |
EPS Forecast
| EPS | 2024 | 2025 |
|---|---|---|
| High | 1.99 | 1.99 |
| Avg | 1.86 | 1.84 |
| Low | 1.73 | 1.66 |
EPS Growth
| EPS Growth | 2024 | 2025 |
|---|---|---|
| High | 83.0% | 7.3% |
| Avg | 70.6% | -1.3% |
| Low | 59.1% | -10.9% |
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.