What is the price target for RAD stock?
10 analysts have analysed RAD and the average price target is 1.02 USD. This implies a price increase of 57.33% is expected in the next year compared to the current price of 0.6483.
RITE AID CORP (RAD) Forecast, Price Target & Analyst Ratings
NYSE:RAD • US7677548726
Current stock price
0.6483 USD
-0.13 (-16.81%)
At close:
0.6121 USD
-0.04 (-5.58%)
Pre-Market:
Analyst forecast overview
View the latest analyst price targets, stock forecast, EPS estimates, revenue projections, revisions, full estimates, rating distribution and upgrades/downgrades for RITE AID CORP (RAD).
Forecast Snapshot
Next Earnings Forecast
Earnings Estimate- Release Date
- Dec 19, 2023
- Period
- Q2 / 2024
- EPS Estimate
- -$1.35
- Revenue Estimate
- 5.619B
Price Target Details & History
Consensus Price Target and Range
Mean target
$1.02
Upside
+ 57.33%
From current price of $0.65 to mean target of $1.02, Based on 10 analyst forecasts
Low
$1.01
Median
$1.02
High
$1.05
Price Target Revisions
1 Month
0.00%
3 Months
0.00%
Price Target Summary
10 Wall Street analysts provided a forecast for the next 12 months for RAD. The average price target is 1.02 USD. This implies a price increase of 57.33% is expected in the next year compared to the current price of 0.6483.
Analyst Ratings & History
Current Analyst Ratings
Analyst Ratings History
Analyst Ratings Consensus
ChartMill Buy Consensus
42.00%
RAD was analyzed by 10 analysts. The buy percentage consensus is at 42. So analysts seem to be rather negative about RAD.
In the previous month the buy percentage consensus was at a similar level.
RAD was analyzed by 10 analysts. More opinions would make the average more meaningful.
Recent Upgrades & Downgrades
| Date | Firm | Action | From → To |
|---|---|---|---|
| 2023-04-27 | Deutsche Bank | Maintains | Sell |
| 2022-10-03 | Deutsche Bank | Maintains | Sell |
| 2022-09-30 | Evercore ISI Group | Maintains | Underperform |
| 2022-06-03 | Deutsche Bank | Maintains | Sell |
| 2022-04-07 | Deutsche Bank | Downgrade | Hold -> Sell |
| 2021-06-25 | JP Morgan | Downgrade | Neutral -> Underweight |
Next Earnings Forecast Details
Next Earnings Details
- Release Date
- Dec 19, 2023
- Period
- Q2 / 2024
- EPS Estimate
- -$1.35
- Revenue Estimate
- 5.619B
- Revenue Q2Q
- -4.78%
- EPS Q2Q
- -114.83%
- Number of Analysts
- 3
Next Earnings Revisions
Revenue (1 Month)
99,900.00%
Revenue (3 Months)
3.54%
EPS (1 Month)
0.00%
EPS (3 Months)
26.98%
Next Earnings Summary
RAD is expected to report earnings on 12/19/2023. The consensus EPS estimate for the next earnings is -1.35 USD and the consensus revenue estimate is 5.62B USD.
The next earnings revenue estimate has been revised upward by 3.54% in the past 3 months.
Full Analyst Estimates 2024 - 2027
Yearly Earnings Per Share (EPS), Revenue, EBIT, EBITDA and Operating Margin Analyst Estimates
| 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | ||
|---|---|---|---|---|---|---|---|---|
| Revenue YoY % growth | 24.043B 9.65% | 24.568B 2.18% | 24.092B -1.94% | 23.144B -3.93% | 23.387B 1.05% | 23.841B 1.94% | 24.311B 1.97% | |
| EBITDA YoY % growth | 459.1M -19.92% | 403.426M -12.13% | 287.062M -28.84% | 346.26M 20.62% | 357.34M 3.20% | 341.56M -4.42% | 345.83M 1.25% | |
| EBIT YoY % growth | 132M -46.12% | 107.74M -18.38% | 10.479M -90.27% | -466.519M -4,551.94% | -231.29M 50.42% | -95.294M 58.80% | N/A | |
| Operating Margin | 0.55% | 0.44% | 0.04% | -2.02% | -0.99% | -0.40% | N/A | |
| EPS YoY % growth | -0.17 -213.33% | -1.51 -788.24% | -2.61 -72.85% | -4.88 -86.91% | -2.88 40.99% | -2.87 0.44% | -2.84 0.78% |
All data in USD
Quarterly Earnings Per Share (EPS), Revenue, EBIT and EBITDA Analyst Estimates
| Q2 / 24 | Q3 / 24 | Q4 / 24 | Q1 / 25 | Q2 / 25 | Q3 / 25 | Q4 / 25 | Q1 / 26 | Q2 / 26 | Q3 / 26 | Q4 / 26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EPS Q2Q % growth | -1.35 -114.83% | -1.47 -949.68% | -1.14 7.96% | -0.51 30.82% | -1.64 -20.90% | -0.46 68.38% | -0.27 76.11% | -0.48 4.00% | -1.64 | -0.44 4.35% | -0.31 -14.81% |
| Revenue Q2Q % growth | 5.619B -4.78% | 5.703B -6.25% | 5.907B -3.05% | 5.805B 2.69% | 5.68B 1.09% | 5.938B 4.12% | 5.963B 0.95% | 5.956B 2.60% | 5.827B 2.59% | 6.093B 2.61% | 5.965B 0.03% |
| EBITDA Q2Q % growth | 48.042M -57.25% | 94.839M -61.11% | 112.56M -59.24% | 93.526M 38.91% | 34.441M -28.31% | 100.09M 5.54% | 109.59M -2.64% | 95.546M 2.16% | 35.047M 1.76% | 102.21M 2.12% | 108.78M -0.74% |
| EBIT Q2Q % growth | -89.84M -242.21% | -95.496M -367.45% | -78.225M -18,524.88% | -94.435M -6,690.02% | -151.096M -68.18% | -87.365M 8.51% | -78.275M -0.06% | -37.168M 60.64% | -96.253M 36.30% | -31.007M 64.51% | -23.129M 70.45% |
All data in USD
Yearly Earnings Per Share (EPS) and Revenue Trends vs Historical Data
Long Term Forward Growth Forecast Summary
Long Term EPS Growth (CAGR)
EPS Next 3 Year
-3.17%
EPS Next 5 Year
-2.17%
Long Term Revenue Growth (CAGR)
Revenue Next 3 Year
-0.13%
Revenue Next 5 Year
0.39%
Long Term EBIT Growth (CAGR)
EBIT Next 3 Year
37.37%
EBIT Next 5 Year
26.98%
RITE AID CORP / RAD Forecast FAQ
What is the next earnings date for RAD stock?
RITE AID CORP (RAD) will report earnings on 2023-12-19, before the market open.
What are the consensus estimates for RAD stock next earnings?
The consensus EPS estimate for the next earnings of RITE AID CORP (RAD) is -1.35 USD and the consensus revenue estimate is 5.62B USD.
What is the expected long term growth rate for RAD stock?
The expected long term growth rate for RITE AID CORP (RAD) is -0.13%.