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NASDAQ: RDVT
Red Violet Inc Stock Forecast, Predictions & Price Target

Analyst price target for RDVT

Based on 1 analyst offering 12 month price targets for Red Violet Inc.
Min Forecast
$25.00-3.99%
Avg Forecast
$25.00-3.99%
Max Forecast
$25.00-3.99%

Should I buy or sell RDVT stock?

Based on 1 analyst offering ratings for Red Violet Inc.
Strong Buy
Strong Buy
1 analysts 100%
Buy
0 analysts 0%
Hold
0 analysts 0%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

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RDVT stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
lockedlocked$00.00+00.00%2024-03-26

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Forecast return on equity

Is RDVT forecast to generate an efficient return?
Company
8.35%
Industry
17%
Market
36.19%
RDVT's Return on Equity is... subscribe to Premium to read more.
Forecast High Return on Equity Forecast

Forecast return on assets

Is RDVT forecast to generate an efficient return on assets?
Company
7.45%
Industry
9.5%
RDVT is forecast to generate... subscribe to Premium to read more.
Forecast Return on Assets vs Industry Forecast

RDVT earnings per share forecast

What is RDVT's earnings per share in the next 2 years based on estimates from 1 analyst?
Avg 1 year Forecast
$0.41-60.95%
Avg 2 year Forecast
$0.51-51.43%
RDVT's earnings are forecast to... subscribe to Premium to read more.
Forecast High Earnings Growth Forecast

RDVT revenue forecast

What is RDVT's revenue in the next 2 years based on estimates from 1 analyst?
Avg 1 year Forecast
$70.4M+11.59%
Avg 2 year Forecast
$80.0M+26.87%
RDVT's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

RDVT earnings growth forecast

How is RDVT forecast to perform vs Software - Application companies and vs the US market?
Company
-60.95%
Industry
15.9%
Market
35.27%
RDVT's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Industry Forecast
RDVT's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Market Forecast
RDVT's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Savings Rate Forecast

RDVT revenue growth forecast

How is RDVT forecast to perform vs Software - Application companies and vs the US market?
Company
11.59%
Industry
9.13%
Market
14.58%
RDVT's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
RDVT's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

RDVT vs App Stocks

TickerPricePrice TargetUp/downsideConsensus
RDVT$26.04$25.00-3.99%Strong Buy
XPER$7.85$22.50+186.62%Strong Buy
MTLS$5.88$9.50+61.56%Strong Buy
LAW$5.76$8.13+41.06%Hold
MKTW$1.15$2.00+73.91%Hold

Red Violet Stock Forecast FAQ

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

The consensus among 1 Wall Street analyst covering (NASDAQ: RDVT) stock is to Strong Buy RDVT stock.

Out of 1 analyst, 1 (100%) are recommending RDVT as a Strong Buy, 0 (0%) are recommending RDVT as a Buy, 0 (0%) are recommending RDVT as a Hold, 0 (0%) are recommending RDVT as a Sell, and 0 (0%) are recommending RDVT as a Strong Sell.

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

What is RDVT's earnings growth forecast for 2024-2025?

(NASDAQ: RDVT) Red Violet's forecast annual earnings growth rate of -60.95% is not forecast to beat the US Software - Application industry's average forecast earnings growth rate of 15.9%, and while it is not forecast to beat the US market's average forecast earnings growth rate of 35.27%.

Red Violet's earnings in 2024 is $14,597,000.On average, 1 Wall Street analyst forecast RDVT's earnings for 2024 to be $5,629,523, with the lowest RDVT earnings forecast at $5,629,523, and the highest RDVT earnings forecast at $5,629,523.

In 2025, RDVT is forecast to generate $7,002,577 in earnings, with the lowest earnings forecast at $7,002,577 and the highest earnings forecast at $7,002,577.

What is RDVT's revenue growth forecast for 2024-2025?

(NASDAQ: RDVT) Red Violet's forecast annual revenue growth rate of 11.59% is forecast to beat the US Software - Application industry's average forecast revenue growth rate of 9.13%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 14.58%.

Red Violet's revenue in 2024 is $63,089,000.On average, 1 Wall Street analysts forecast RDVT's revenue for 2024 to be $966,630,227, with the lowest RDVT revenue forecast at $966,630,227, and the highest RDVT revenue forecast at $966,630,227.

In 2025, RDVT is forecast to generate $1,098,992,662 in revenue, with the lowest revenue forecast at $1,098,992,662 and the highest revenue forecast at $1,098,992,662.

What is RDVT's forecast return on assets (ROA) for 2024-2025?

(NASDAQ: RDVT) forecast ROA is 7.45%, which is lower than the forecast US Software - Application industry average of 9.5%.

What is RDVT's Price Target?

According to 1 Wall Street analyst that have issued a 1 year RDVT price target, the average RDVT price target is $25.00, with the highest RDVT stock price forecast at $25.00 and the lowest RDVT stock price forecast at $25.00.

The Wall Street analyst predicted that Red Violet's share price could fall to $25.00 by Mar 26, 2025. The average Red Violet stock price prediction forecasts a potential downside of 3.99% from the current RDVT share price of $26.04.

What is RDVT's Earnings Per Share (EPS) forecast for 2024-2025?

(NASDAQ: RDVT) Red Violet's current Earnings Per Share (EPS) is $1.05. On average, analysts forecast that RDVT's EPS will be $0.41 for 2024, with the lowest EPS forecast at $0.41, and the highest EPS forecast at $0.41. In 2025, RDVT's EPS is forecast to hit $0.51 (min: $0.51, max: $0.51).

What is RDVT's forecast return on equity (ROE) for 2024-2025?

(NASDAQ: RDVT) forecast ROE is 8.35%, which is considered weak.
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