Ryde Group Ltd. (RYDE)
NYSEAMERICAN: RYDE · IEX Real-Time Price · USD
7.00
+0.12 (1.74%)
Jul 19, 2024, 4:00 PM EDT - Market closed
Ryde Group Stock Forecast
Stock Price Forecast
The 1 analyst with a 12-month price forecast for Ryde Group stock has a target of 9.00, which predicts an increase of 28.57% from the current stock price of 7.00.
Analyst Consensus: Strong Buy
* Price targets were last updated on May 8, 2024.
Analyst Ratings
According to 1 stock analyst, the rating for Ryde Group 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 | Jun '24 | Jul '24 |
---|---|---|
Strong Buy | 1 | 1 |
Buy | 0 | 0 |
Hold | 0 | 0 |
Sell | 0 | 0 |
Strong Sell | 0 | 0 |
Total | 1 | 1 |
Latest Forecasts
Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
---|---|---|---|---|---|---|---|
Maxim Group | Maxim Group | Strong Buy Maintains $8 → $9 | Strong Buy | Maintains | $8 → $9 | +28.57% | May 8, 2024 |
Financial Forecast
Revenue This Year
9.09M
from 8.67M
Increased by 4.85%
Revenue Next Year
11.76M
from 9.09M
Increased by 29.46%
EPS This Year
-0.14
from -1.00
EPS Next Year
-0.07
from -0.14
Revenue Forecast
Revenue | 2024 | 2025 |
---|---|---|
High | 9.4M | 12.1M |
Avg | 9.1M | 11.8M |
Low | 8.7M | 11.3M |
Revenue Growth
Revenue Growth | 2024 | 2025 |
---|---|---|
High | 7.9% | 33.3% |
Avg | 4.8% | 29.5% |
Low | 0.7% | 24.4% |
EPS Forecast
EPS | 2024 | 2025 |
---|---|---|
High | -0.15 | -0.07 |
Avg | -0.14 | -0.07 |
Low | -0.14 | -0.07 |
EPS Growth
EPS Growth | 2024 | 2025 |
---|---|---|
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.