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NYSE: RS
Reliance Inc Stock Forecast, Predictions & Price Target

OverviewForecast
EarningsDividendOwnership

Analyst price target for RS

Based on 3 analysts offering 12 month price targets for Reliance Inc.
Min Forecast
$355.00+13.08%
Avg Forecast
$365.67+16.48%
Max Forecast
$380.00+21.04%

Should I buy or sell RS stock?

Based on 3 analysts offering ratings for Reliance Inc.
Buy
Strong Buy
1 analysts 33.33%
Buy
1 analysts 33.33%
Hold
1 analysts 33.33%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

Be the first to know when Wall Street analysts revise their RS stock forecasts and price targets.

RS stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
lockedlocked$00.00+00.00%2024-04-11
lockedlocked$00.00+00.00%2024-02-20
lockedlocked$00.00+00.00%2024-02-16Find Out Why

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Forecast return on equity

Is RS forecast to generate an efficient return?
Company
N/A
Industry
N/A
Market
19.68%

Forecast return on assets

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

RS revenue forecast

What is RS's revenue in the next 3 years based on estimates from 2 analysts?
Avg 1 year Forecast
$14.0B-5.34%
Avg 2 year Forecast
$13.8B-6.97%
Avg 3 year Forecast
$14.1B-4.84%
RS's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

RS earnings growth forecast

How is RS forecast to perform vs Steel companies and vs the US market?
Company
-4.03%
Industry
31.67%
Market
28.56%
RS's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Industry Forecast
RS's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Market Forecast
RS's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Savings Rate Forecast

RS revenue growth forecast

How is RS forecast to perform vs Steel companies and vs the US market?
Company
-2.9%
Industry
-3.13%
Market
9.3%
RS's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
RS's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

RS vs Steel Stocks

TickerPricePrice TargetUp/downsideConsensus
RS$313.94$365.67+16.48%Buy
MT$25.19$31.00+23.06%Hold
STLD$134.16$125.00-6.83%Hold
PKX$71.48N/AN/A
CLF$18.55$21.43+15.50%Hold
View Top Steel Stocks

Reliance Stock Forecast FAQ

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

The consensus among 3 Wall Street analysts covering (NYSE: RS) stock is to Buy RS stock.

Out of 3 analysts, 1 (33.33%) are recommending RS as a Strong Buy, 1 (33.33%) are recommending RS as a Buy, 1 (33.33%) are recommending RS as a Hold, 0 (0%) are recommending RS as a Sell, and 0 (0%) are recommending RS as a Strong Sell.

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

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

(NYSE: RS) Reliance's forecast annual revenue growth rate of -2.9% is forecast to beat the US Steel industry's average forecast revenue growth rate of -3.13%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 9.3%.

Reliance's revenue in 2024 is $14,805,900,000.On average, 2 Wall Street analysts forecast RS's revenue for 2024 to be $804,860,113,317, with the lowest RS revenue forecast at $793,188,108,558, and the highest RS revenue forecast at $816,532,118,075. On average, 2 Wall Street analysts forecast RS's revenue for 2025 to be $790,983,546,493, with the lowest RS revenue forecast at $790,495,430,380, and the highest RS revenue forecast at $791,471,662,605.

In 2026, RS is forecast to generate $809,052,743,596 in revenue, with the lowest revenue forecast at $796,583,099,684 and the highest revenue forecast at $821,522,387,508.

What is RS's forecast return on assets (ROA) for 2024-2026?

(NYSE: RS) forecast ROA is N/A, which is lower than the forecast US Steel industry average of N/A.

What is RS's Price Target?

According to 3 Wall Street analysts that have issued a 1 year RS price target, the average RS price target is $365.67, with the highest RS stock price forecast at $380.00 and the lowest RS stock price forecast at $355.00.

On average, Wall Street analysts predict that Reliance's share price could reach $365.67 by Apr 11, 2025. The average Reliance stock price prediction forecasts a potential upside of 16.48% from the current RS share price of $313.94.

What is RS's forecast return on equity (ROE) for 2024-2026?

(NYSE: RS) forecast ROE is N/A, which is considered weak.
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