RideNow Group, Inc. (RDNW) Stock Forecast & Price Target
RideNow Group, Inc. · NASDAQ
$6.52+0.02 (+0.31%)
15-min delayed · Jul 28, 3:45 PM ET · Get real-time quotes →
The Quantellect read.Of the 2 firms covering RideNow Group, Inc, 0 rate it Buy or better, 2 sit at Hold, and 0 rate it Sell or worse, a hold consensus. Targets span $6.00 to $9.00, a moderate spread. The average target of $7.50 sits 15% above the current $6.52. The rating mix has held broadly steady over recent months. On the fundamentals, the Street sees consensus EPS building from about $0.01 next quarter toward $0.20 the year after.Descriptive synthesis of third-party analyst data, not a Quantellect rating or recommendation.
ANALYST CONSENSUS2 ratings
Hold
Strong Buy00%
Buy00%
Hold2100%
Sell00%
Strong Sell00%
Based on 2 analysts giving stock ratings to RideNow Group, Inc.
As of Jul, 0 of 2 firms rate RDNW a Buy (2 Hold, 0 Sell), the standing distribution of every covering firm's most recent active call.
RDNW EPS & revenue forecast
EPS · NEXT QUARTER
$0.01
Range $0.01 – $0.01 · 2 analysts · -109% YoY
Next period, 2 analysts expect RideNow Group, Inc. to earn $0.01 a share (range $0.01 – $0.01), versus $-0.11 a year earlier. Full-year consensus is $-0.07, growing to $0.20 the year after.
REVENUE · NEXT QUARTER
$297.5M
Range $289.9M – $305.2M · 2 analysts · +6% YoY
Revenue is expected to reach $297.5M (range $289.9M – $305.2M), +5.9% year-over-year. Full-year consensus is $1.2B, rising to $1.2B next year.
Top analysts covering RideNow Group, Inc.
Ranked by each analyst's overall Quantellect track record across all the stocks they cover, shown with their current call on RDNW.
#1
CK
Craig Kennison
Baird
Hold
$9.00+38.0% to target
Coverage
—
+ Follow
#2
Michael Baker
DA Davidson
Hold
$6.00-8.0% to target
Coverage
—
+ Follow
RDNW stock forecast FAQ
What is RDNW's average 12-month price target?+
The 2 analysts with a live target average $7.50 for RideNow Group, Inc. over the next 12 months, ranging from a $9.00 high to a $6.00 low.
Is RDNW stock a Buy, Sell or Hold right now?+
The current consensus is Hold. Of the 2 analyst ratings, 0 are Buy or Strong Buy, 2 are Hold, and 0 are Sell or Strong Sell.
What are the highest and lowest price targets for RDNW?+
The Street-high target is $9.00 (Baird), and the Street-low is $6.00 (DA Davidson). The average of all 2 active targets is $7.50.
How many Wall Street analysts cover RDNW?+
2 analysts have an active rating on RideNow Group, Inc., and 2 firms carry a live 12-month price target.
Who is the most accurate analyst covering RDNW?+
Among analysts who currently cover RDNW, Craig Kennison of Baird has the strongest overall Quantellect track record. Their current call is Hold with a $9.00 target.
What is RideNow Group, Inc.'s projected EPS for next quarter?+
The consensus estimate is $0.01 per share (range $0.01 – $0.01) across 2 analysts. Full-year EPS is projected at $-0.07, rising to $0.20 the following year.
How much revenue is RideNow Group, Inc. expected to report next quarter?+
Consensus revenue is $297.5M (range $289.9M – $305.2M). Full-year revenue is projected at $1.2B, growing to $1.2B next year.
Have analysts been upgrading or downgrading RDNW lately?+
As of Jul, 0 of 2 firms rate RDNW a Buy (2 Hold, 0 Sell), the standing distribution of every covering firm's most recent active call.
How are the analysts on this page ranked?+
By each analyst's overall Quantellect track record — a sample-adjusted measure of how accurate their calls have been across every stock they cover. We do not rank on their RDNW calls alone, since a single stock is too small a sample to be reliable.
Which data on this page is live, and how often does it update?+
Price and daily change are 15-minute delayed market data. Analyst ratings, targets, consensus and earnings estimates are aggregated from multiple data providers and refresh daily.
Disclaimer: Ratings, price targets, consensus and earnings estimates on this page describe third-party analyst research aggregated from multiple data providers and refreshed daily; price and daily change are 15-minute delayed. These are historical opinions, not recommendations, and nothing on this page, including The Quantellect read, is a rating, a price target, or investment advice from Quantellect. Always do your own research and consult a licensed financial advisor before making investment decisions.
