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

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Analyst price target for RDFN

Based on 12 analysts offering 12 month price targets for Redfin Corp.
Min Forecast
$1.30-76.87%
Avg Forecast
$10.05+78.75%
Max Forecast
$36.00+540.57%

Should I buy or sell RDFN stock?

Based on 13 analysts offering ratings for Redfin Corp.
Hold
Strong Buy
1 analysts 7.69%
Buy
0 analysts 0%
Hold
9 analysts 69.23%
Sell
1 analysts 7.69%
Strong Sell
2 analysts 15.38%

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RDFN stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
RBC Capital
Top 10%
91
HoldMaintains$5.00-11.03%2022-11-10
Compass Point
Bottom 7%
7
Strong SellDowngrades$2.25-59.96%2022-11-10
Piper Sandler
Bottom 2%
2
Strong SellMaintains$2.00-64.41%2022-11-10
Oppenheimer
Top 19%
82
SellDowngrades$1.30-76.87%2022-11-07
Goldman Sachs
Bottom 6%
6
HoldMaintains$5.00-11.03%2022-10-18
Jefferies
Bottom 10%
10
HoldMaintains$6.50+15.66%2022-10-06
Stifel Nicolaus
Top 11%
90
HoldMaintains$9.00+60.14%2022-08-08
Truist Securities
Bottom 25%
25
Strong BuyMaintains$18.00+220.28%2022-08-01
KeyBanc
Bottom 1%
1
HoldInitiates Coverage OnN/AN/A2022-07-13
Wedbush
Top 14%
87
HoldDowngrades$9.00+60.14%2022-07-11

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Forecast return on equity

Is RDFN forecast to generate an efficient return?
Company
-47.6%
Industry
29.94%
Market
62.54%
RDFN's Return on Equity is... subscribe to Premium to read more.
Forecast High Return on Equity Forecast

Forecast return on assets

Is RDFN forecast to generate an efficient return on assets?
Company
-2.49%
Industry
13.95%
RDFN is forecast to generate... subscribe to Premium to read more.
Forecast Return on Assets vs Industry Forecast

RDFN earnings per share forecast

What is RDFN's earnings per share in the next 3 years based on estimates from 8 analysts?
Avg 1 year Forecast
-$2.87
Avg 2 year Forecast
-$1.88
Avg 3 year Forecast
-$1.24

RDFN revenue forecast

What is RDFN's revenue in the next 3 years based on estimates from 8 analysts?
Avg 1 year Forecast
$2.4B-2.18%
Avg 2 year Forecast
$2.6B+7.56%
Avg 3 year Forecast
$2.8B+16.33%
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
5.17%
Industry
7.81%
Market
6.8%
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$5.62$10.05+78.75%Hold
FRPH$60.10N/AN/A
PGRU$5.10$10.97+115.04%Strong Buy
RMAX$21.00$26.00+23.81%Strong Buy
HOUS$7.72$14.17+83.51%Buy

Redfin Stock Forecast FAQ

Is Redfin Stock a good buy in 2022, according to Wall Street analysts?

The consensus among 13 Wall Street analysts covering (NASDAQ: RDFN) stock is to Hold RDFN stock.

Out of 13 analysts, 1 (7.69%) are recommending RDFN as a Strong Buy, 0 (0%) are recommending RDFN as a Buy, 9 (69.23%) are recommending RDFN as a Hold, 1 (7.69%) are recommending RDFN as a Sell, and 2 (15.38%) 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 earnings growth forecast for 2022-2024?

(NASDAQ: RDFN) Redfin's forecast annual earnings growth rate of N/A is not forecast to beat the US Real Estate Services industry's average forecast earnings growth rate of 4.25%, and while it is not forecast to beat the US market's average forecast earnings growth rate of 17%.

Redfin's earnings in 2022 is -$289,008,000.On average, 8 Wall Street analysts forecast RDFN's earnings for 2022 to be -$312,108,821, with the lowest RDFN earnings forecast at -$338,208,513, and the highest RDFN earnings forecast at -$249,034,564. On average, 9 Wall Street analysts forecast RDFN's earnings for 2023 to be -$204,447,590, with the lowest RDFN earnings forecast at -$263,171,898, and the highest RDFN earnings forecast at -$150,073,231.

In 2024, RDFN is forecast to generate -$134,848,410 in earnings, with the lowest earnings forecast at -$180,522,872 and the highest earnings forecast at -$72,861,641.

What is RDFN's revenue growth forecast for 2022-2024?

(NASDAQ: RDFN) Redfin's forecast annual revenue growth rate of 5.17% is not forecast to beat the US Real Estate Services industry's average forecast revenue growth rate of 7.81%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 6.8%.

Redfin's revenue in 2022 is $2,447,835,000.On average, 8 Wall Street analysts forecast RDFN's revenue for 2022 to be $260,386,625,395, with the lowest RDFN revenue forecast at $248,980,189,861, and the highest RDFN revenue forecast at $277,661,576,746. On average, 8 Wall Street analysts forecast RDFN's revenue for 2023 to be $286,333,960,761, with the lowest RDFN revenue forecast at $222,717,374,464, and the highest RDFN revenue forecast at $351,919,551,345.

In 2024, RDFN is forecast to generate $309,678,721,808 in revenue, with the lowest revenue forecast at $256,176,092,531 and the highest revenue forecast at $353,911,827,859.

What is RDFN's forecast return on assets (ROA) for 2022-2025?

(NASDAQ: RDFN) forecast ROA is -2.49%, which is lower than the forecast US Real Estate Services industry average of 13.95%.

What is RDFN's Price Target?

According to 12 Wall Street analysts that have issued a 1 year RDFN price target, the average RDFN price target is $10.05, with the highest RDFN stock price forecast at $36.00 and the lowest RDFN stock price forecast at $1.30.

On average, Wall Street analysts predict that Redfin's share price could reach $10.05 by Nov 10, 2023. The average Redfin stock price prediction forecasts a potential upside of 78.75% from the current RDFN share price of $5.62.

What is RDFN's Earnings Per Share (EPS) forecast for 2022-2024?

(NASDAQ: RDFN) Redfin's current Earnings Per Share (EPS) is -$2.69. On average, analysts forecast that RDFN's EPS will be -$2.87 for 2022, with the lowest EPS forecast at -$3.11, and the highest EPS forecast at -$2.29. On average, analysts forecast that RDFN's EPS will be -$1.88 for 2023, with the lowest EPS forecast at -$2.42, and the highest EPS forecast at -$1.38. In 2024, RDFN's EPS is forecast to hit -$1.24 (min: -$1.66, max: -$0.67).

What is RDFN's forecast return on equity (ROE) for 2022-2025?

(NASDAQ: RDFN) forecast ROE is -47.6%, which is considered weak.
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