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NASDAQ: RDFN
Redfin Corp Stock Forecast, Predictions & Price Target

Analyst price target for RDFN

Based on 7 analysts offering 12 month price targets for Redfin Corp.
Min Forecast
$4.00-24.95%
Avg Forecast
$6.89+29.32%
Max Forecast
$9.00+68.86%

Should I buy or sell RDFN stock?

Based on 7 analysts offering ratings for Redfin Corp.
Sell
Strong Buy
0 analysts 0%
Buy
0 analysts 0%
Hold
5 analysts 71.43%
Sell
1 analysts 14.29%
Strong Sell
1 analysts 14.29%

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RDFN stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
lockedlocked$00.00+00.00%2024-03-22
lockedlocked$00.00+00.00%2024-03-11
lockedlocked$00.00+00.00%2024-02-29
lockedlocked$00.00+00.00%2024-02-29
lockedlocked$00.00+00.00%2024-02-28
Piper Sandler
Bottom 6%
6
Strong SellMaintains$4.00-24.95%2023-11-06
Wedbush
Top 2%
99
HoldMaintains$8.00+50.09%2023-11-03

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Forecast return on equity

Is RDFN forecast to generate an efficient return?
Company
N/A
Industry
N/A
Market
35.42%

Forecast return on assets

Is RDFN forecast to generate an efficient return on assets?
Company
N/A
Industry
N/A

RDFN revenue forecast

What is RDFN's revenue in the next 3 years based on estimates from 7 analysts?
Avg 1 year Forecast
$1.0B+7.01%
Avg 2 year Forecast
$1.2B+22.52%
Avg 3 year Forecast
$1.4B+38.25%
RDFN's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

RDFN revenue growth forecast

How is RDFN forecast to perform vs Real Estate Services companies and vs the US market?
Company
11.39%
Industry
8.67%
Market
10.08%
RDFN's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
RDFN's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

RDFN vs Real Estate Service Stocks

TickerPricePrice TargetUp/downsideConsensus
RDFN$5.33$6.89+29.32%Sell
HOUS$5.41$6.67+23.23%Strong Sell
FRPH$30.70N/AN/A
REAX$3.84$3.75-2.34%Strong Buy
RMR$22.98$35.00+52.31%Strong Buy

Redfin Stock Forecast FAQ

Is Redfin Stock a good buy in 2024, according to Wall Street analysts?

The consensus among 7 Wall Street analysts covering (NASDAQ: RDFN) stock is to Sell RDFN stock.

Out of 7 analysts, 0 (0%) are recommending RDFN as a Strong Buy, 0 (0%) are recommending RDFN as a Buy, 5 (71.43%) are recommending RDFN as a Hold, 1 (14.29%) are recommending RDFN as a Sell, and 1 (14.29%) are recommending RDFN as a Strong Sell.

If you're new to stock investing, here's how to buy Redfin stock.

What is RDFN's revenue growth forecast for 2024-2026?

(NASDAQ: RDFN) Redfin's forecast annual revenue growth rate of 11.39% is forecast to beat the US Real Estate Services industry's average forecast revenue growth rate of 8.67%, and it is also forecast to beat the US market's average forecast revenue growth rate of 10.08%.

Redfin's revenue in 2024 is $976,672,000.On average, 7 Wall Street analysts forecast RDFN's revenue for 2024 to be $124,618,722,615, with the lowest RDFN revenue forecast at $119,348,843,373, and the highest RDFN revenue forecast at $130,247,518,850. On average, 6 Wall Street analysts forecast RDFN's revenue for 2025 to be $142,684,171,529, with the lowest RDFN revenue forecast at $134,671,379,464, and the highest RDFN revenue forecast at $152,653,001,585.

In 2026, RDFN is forecast to generate $161,006,705,172 in revenue, with the lowest revenue forecast at $151,329,420,647 and the highest revenue forecast at $178,206,460,607.

What is RDFN's forecast return on assets (ROA) for 2024-2027?

(NASDAQ: RDFN) forecast ROA is N/A, which is lower than the forecast US Real Estate Services industry average of N/A.

What is RDFN's Price Target?

According to 7 Wall Street analysts that have issued a 1 year RDFN price target, the average RDFN price target is $6.89, with the highest RDFN stock price forecast at $9.00 and the lowest RDFN stock price forecast at $4.00.

On average, Wall Street analysts predict that Redfin's share price could reach $6.89 by Mar 22, 2025. The average Redfin stock price prediction forecasts a potential upside of 29.32% from the current RDFN share price of $5.33.

What is RDFN's forecast return on equity (ROE) for 2024-2027?

(NASDAQ: RDFN) forecast ROE is N/A, which is considered weak.
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