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Red Violet (RDVT) Stock Forecast & Price Target

+0.52 (+2.45%)
(As of 05/24/2024 08:50 PM ET)

Red Violet - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Based on 1 Analyst Ratings

Consensus Price Target

15.10% Upside
High Forecast$25.00
Average Forecast$25.00
Low Forecast$25.00
TypeCurrent Forecast
5/28/23 to 5/27/24
1 Month Ago
4/28/23 to 4/27/24
3 Months Ago
2/27/23 to 2/27/24
1 Year Ago
5/28/22 to 5/28/23
Consensus Rating
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
1 Buy rating(s)
1 Buy rating(s)
0 Hold rating(s)
0 Hold rating(s)
0 Sell rating(s)
0 Sell rating(s)
Consensus Price Target$25.00$25.00N/AN/A
Forecasted Upside15.10% Upside40.13% UpsideN/AN/A
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RDVT Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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RDVT Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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Red Violet Stock vs. The Competition

TypeRed VioletComputer and Technology CompaniesS&P 500
Consensus Rating Score
Consensus RatingBuyModerate BuyHold
Predicted Upside15.10% Upside191.80% Upside9.93% Upside
News Sentiment RatingVery Positive News
Positive News
Positive News

Recent Analyst Forecasts and Stock Ratings

DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
3/26/2024B. Riley
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Initiated CoverageBuy$25.00+40.13%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Monday at 06:44 AM ET.

RDVT Frequently Asked Questions

What is Red Violet's stock forecast and purchase recommendation?

According to the research reports of 1 Wall Street equities research analysts, the average twelve-month stock price forecast for Red Violet is $25.00, with a high forecast of $25.00 and a low forecast of $25.00. The consensus rating for Red Violet stock is Buy based on the current 1 buy rating for RDVT. Learn more on RDVT's analyst rating history.

Do Wall Street analysts like Red Violet more than its competitors?

Analysts like Red Violet more than other "computer and technology" companies. The consensus rating for Red Violet is Buy while the average consensus rating for "computer and technology" companies is Moderate Buy. Learn more on how RDVT compares to other companies.

Does Red Violet's stock price have much upside?

According to analysts, Red Violet's stock has a predicted upside of 40.13% based on their 12-month stock forecasts.

What analysts cover Red Violet?

Red Violet has been rated by research analysts at B. Riley in the past 90 days.

Stock Forecasts and Research Tools

This page (NASDAQ:RDVT) was last updated on 5/27/2024 by Staff

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