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NASDAQ: RVMD
Revolution Medicines Inc Stock Forecast, Predictions & Price Target

Analyst price target for RVMD

Based on 10 analysts offering 12 month price targets for Revolution Medicines Inc.
Min Forecast
$30.00-5.42%
Avg Forecast
$38.70+22.01%
Max Forecast
$44.00+38.71%

Should I buy or sell RVMD stock?

Based on 10 analysts offering ratings for Revolution Medicines Inc.
Strong Buy
Strong Buy
4 analysts 40%
Buy
6 analysts 60%
Hold
0 analysts 0%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

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RVMD stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
lockedlocked$00.00+00.00%2024-03-11
lockedlocked$00.00+00.00%2024-03-08
lockedlocked$00.00+00.00%2024-03-08
lockedlocked$00.00+00.00%2024-02-27
lockedlocked$00.00+00.00%2024-01-16
Bank of America
Bottom 8%
8
Strong BuyUpgrades$34.00+7.19%2024-01-05
UBS
Top 19%
82
Strong BuyInitiates Coverage On$40.00+26.10%2023-12-20
Raymond James
Bottom 5%
5
BuyInitiates Coverage On$30.00-5.42%2023-11-16
JP Morgan
Bottom 3%
3
Strong BuyMaintains$39.00+22.95%2023-11-07
Needham
Top 5%
96
BuyReiterates$36.00+13.49%2023-11-07

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Forecast return on equity

Is RVMD forecast to generate an efficient return?
Company
N/A
Industry
N/A
Market
37.5%

Forecast return on assets

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

RVMD revenue forecast

What is RVMD's revenue in the next 3 years based on estimates from 3 analysts?
Avg 1 year Forecast
$15.0M+29.44%
Avg 2 year Forecast
$10.5M-9.46%
Avg 3 year Forecast
$69.7M+501.74%
RVMD's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

RVMD revenue growth forecast

How is RVMD forecast to perform vs Biotechnology companies and vs the US market?
Company
71.53%
Industry
38.94%
Market
10.52%
RVMD's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
RVMD's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

RVMD vs Biotech Stocks

TickerPricePrice TargetUp/downsideConsensus
RVMD$31.72$38.70+22.01%Strong Buy
HALO$40.73$54.17+32.99%Buy
MDGL$258.81$372.40+43.89%Strong Buy
BBIO$30.86$49.67+60.94%Strong Buy
KRYS$177.20$174.00-1.81%Strong Buy

Revolution Medicines Stock Forecast FAQ

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

The consensus among 10 Wall Street analysts covering (NASDAQ: RVMD) stock is to Strong Buy RVMD stock.

Out of 10 analysts, 4 (40%) are recommending RVMD as a Strong Buy, 6 (60%) are recommending RVMD as a Buy, 0 (0%) are recommending RVMD as a Hold, 0 (0%) are recommending RVMD as a Sell, and 0 (0%) are recommending RVMD as a Strong Sell.

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

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

(NASDAQ: RVMD) Revolution Medicines's forecast annual revenue growth rate of 71.53% is forecast to beat the US Biotechnology industry's average forecast revenue growth rate of 38.94%, and it is also forecast to beat the US market's average forecast revenue growth rate of 10.52%.

Revolution Medicines's revenue in 2024 is $11,580,000.On average, 3 Wall Street analysts forecast RVMD's revenue for 2024 to be $2,468,544,526, with the lowest RVMD revenue forecast at $488,801,131, and the highest RVMD revenue forecast at $3,952,569,792. On average, 2 Wall Street analysts forecast RVMD's revenue for 2025 to be $1,726,614,237, with the lowest RVMD revenue forecast at $488,801,131, and the highest RVMD revenue forecast at $2,964,427,344.

In 2026, RVMD is forecast to generate $11,475,957,010 in revenue, with the lowest revenue forecast at $1,599,967,314 and the highest revenue forecast at $21,352,111,397.

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

(NASDAQ: RVMD) forecast ROA is N/A, which is lower than the forecast US Biotechnology industry average of N/A.

What is RVMD's Price Target?

According to 10 Wall Street analysts that have issued a 1 year RVMD price target, the average RVMD price target is $38.70, with the highest RVMD stock price forecast at $44.00 and the lowest RVMD stock price forecast at $30.00.

On average, Wall Street analysts predict that Revolution Medicines's share price could reach $38.70 by Mar 11, 2025. The average Revolution Medicines stock price prediction forecasts a potential upside of 22.01% from the current RVMD share price of $31.72.

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

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