ROCKLEY PHOTONICS HOLDINGS L (RKLY) Forecast, Price Target & Analyst Ratings

NYSE:RKLY • KYG7614L1095

Current stock price

0.1924 USD
+0.01 (+3.55%)
At close:
0.1851 USD
-0.01 (-3.79%)
After Hours:

Analyst forecast overview

View the latest analyst price targets, stock forecast, EPS estimates, revenue projections, revisions, full estimates, rating distribution and upgrades/downgrades for ROCKLEY PHOTONICS HOLDINGS L (RKLY).

Forecast Snapshot

Consensus Price Target

Price Target
$1.53
+ 695.22% Upside
→ Price target details

Next Earnings Forecast

Earnings Estimate
Release Date
N/A
Period
Q4 / 2022
EPS Estimate
-$0.20
Revenue Estimate
510K
→ Full earnings forecast details

ChartMill Buy Consensus

Rating
80.00%
Weighted Analyst Rating Score
→ Analyst Ratings details

Price Target Details & History

Consensus Price Target and Range

Mean target
$1.53
Upside
+ 695.22%
From current price of $0.19 to mean target of $1.53, Based on 9 analyst forecasts
Low
$1.01
Median
$1.53
High
$2.10

Price Target Revisions

1 Month
0.00%
3 Months
-73.21%

Price Target Summary

9 Wall Street analysts provided a forecast for the next 12 months for RKLY. The average price target is 1.53 USD. This implies a price increase of 695.22% is expected in the next year compared to the current price of 0.1924.
The average price target has been revised downward by 73.21% in the past 3 months.
→ Find peer stocks trading 30% below analyst price target

Analyst Ratings & History

Current Analyst Ratings

RKLY Current Analyst RatingRKLY Current Analyst Buy, Sell and Hold Ratings.Current Analyst Rating Strong Buy Buy Hold Sell Strong Sell 1 2 3 4

Analyst Ratings History

RKLY Historical Analyst RatingsRKLY Historical Analyst Buy, Sell and Hold Ratings and number of analysts.Historical Monthly Analyst Rating -18 -16 -14 -12 -10 -8 -6 -4 -2 0 2 4 6 8 10

Analyst Ratings Consensus

ChartMill Buy Consensus
80.00%
RKLY was analyzed by 9 analysts. The buy percentage consensus is at 80. So analysts seem to be have mildly positive about RKLY.
In the previous month the buy percentage consensus was at a similar level.
RKLY was analyzed by 9 analysts. More opinions would make the average more meaningful.
→ Find peer stocks with a buy consensus above 85%

Recent Upgrades & Downgrades

DateFirmActionFrom → To
2022-11-10NeedhamDowngrade Buy -> Hold
2022-08-12Cowen & Co.Maintains Outperform
2022-08-12BairdDowngrade Outperform -> Neutral
2022-05-13NeedhamMaintains Buy
2022-03-09NeedhamMaintains Buy
2022-03-09B of A SecuritiesMaintains Neutral
2022-03-09Northland Capital MarketsMaintains Outperform
2021-12-22B of A SecuritiesDowngrade Buy -> Neutral
2021-09-17B of A SecuritiesInitiate Buy
2021-09-09Cowen & Co.Initiate Outperform
2021-09-07NeedhamInitiate Buy

Next Earnings Forecast Details

Next Earnings Details

Release Date
N/A
Period
Q4 / 2022
EPS Estimate
-$0.20
Revenue Estimate
510K
Revenue Q2Q
-78.82%
EPS Q2Q
-64.33%
Number of Analysts
5

Next Earnings Revisions

Revenue (1 Month)
0.00%
Revenue (3 Months)
-90.01%
EPS (1 Month)
0.00%
EPS (3 Months)
17.38%

Next Earnings Summary

The next earnings revenue estimate has been revised downward by 90.01% in the past 3 months. Downward revisions are a negative sign and indicate that analysts are more pessimistic about the next earnings compared to 3 months ago.
→ Find peers expecting at least 20% revenue growth next quarter

Full Analyst Estimates

Yearly Earnings Per Share (EPS), Revenue, EBIT, EBITDA and Operating Margin Analyst Estimates

2019 2020 2021 2022 2023 2024
Revenue
YoY % growth
RKLY revenue by date.RKLY revenue by date.
20.492M22.343M
9.03%		8.213M
-63.24%		3.612M
-56.02%		23.12M
540.09%		69.87M
202.21%
EBITDA
YoY % growth
RKLY ebitda by date.RKLY ebitda by date.
-43.874M-55.27M
-25.97%		-111.112M
-101.03%		-126.684M
-14.01%		-84.813M
33.05%		-79.254M
6.55%
EBIT
YoY % growth
RKLY ebit by date.RKLY ebit by date.
-45.822M-58.057M
-26.70%		-115.752M
-99.38%		-126.582M
-9.36%		-88.893M
29.77%		-79.254M
10.84%
Operating Margin
RKLY operating margin by date.RKLY operating margin by date.
-223.61%-259.84%-1,409.38%-3,504.49%-384.49%-113.43%
EPS
YoY % growth
RKLY eps by date.RKLY eps by date.
N/AN/AN/A-1.19
15.64%		-0.55
53.77%		-0.36
33.97%

All data in USD

Quarterly Earnings Per Share (EPS), Revenue, EBIT and EBITDA Analyst Estimates

Q4 / 22 Q1 / 23 Q2 / 23 Q3 / 23 Q4 / 23 Q1 / 24 Q2 / 24 Q3 / 24 Q4 / 24
EPS
Q2Q % growth		-0.20
-64.33%		-0.19
31.88%		-0.18
77.73%		-0.18
-231.87%		-0.18
9.74%		-0.12
38.50%		-0.10
46.93%		-0.09
53.04%		-0.06
65.62%
Revenue
Q2Q % growth		510K
-78.82%		1.02M
6.03%		1.53M
1.66%		2.55M
358.63%		4.08M
700.00%		8.67M
750.00%		14.025M
816.67%		19.125M
650.00%		28.05M
587.50%
EBITDA
Q2Q % growth		-24.684M
-39.95%		-29.478M
19.61%		-29.07M
35.64%		-29.784M
16.21%		-28.356M
-14.88%		-23.46M
20.42%		-20.706M
28.77%		-18.972M
36.30%		-16.116M
43.17%
EBIT
Q2Q % growth		-25.5M
-14.46%		-29.478M
22.78%		-29.07M
39.75%		-29.784M
26.04%		-28.356M
-11.20%		-23.46M
20.42%		-20.706M
28.77%		-18.972M
36.30%		-16.116M
43.17%

All data in USD

Yearly Earnings Per Share (EPS) and Revenue Trends vs Historical Data

RKLY Yearly Revenue VS EstimatesRKLY Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2019 2020 2021 2022 2023 2024 20M 40M 60M
RKLY Yearly EPS VS EstimatesRKLY Yearly EPS VS EstimatesYearly EPS VS Estimates 2021 2022 2023 2024 -0.5 -1

Long Term Forward Growth Forecast Summary

Long Term EPS Growth (CAGR)

EPS Next 3 Year
20.33%
EPS Next 5 Year
N/A

Long Term Revenue Growth (CAGR)

Revenue Next 3 Year
109.59%
Revenue Next 5 Year
N/A

Long Term EBIT Growth (CAGR)

EBIT Next 3 Year
10.35%
EBIT Next 5 Year
N/A
→ Find peers expecting at least 20% CAGR revenue growth over the next 3 years

ROCKLEY PHOTONICS HOLDINGS L / RKLY Forecast FAQ

What do analysts expect the price target to be for ROCKLEY PHOTONICS HOLDINGS L (RKLY)?

9 analysts have analysed RKLY and the average price target is 1.53 USD. This implies a price increase of 695.22% is expected in the next year compared to the current price of 0.1924.

What are the consensus estimates for ROCKLEY PHOTONICS HOLDINGS L (RKLY) next earnings?

The consensus EPS estimate for the next earnings of ROCKLEY PHOTONICS HOLDINGS L (RKLY) is -0.2 USD and the consensus revenue estimate is 510.00K USD.

How many analysts cover ROCKLEY PHOTONICS HOLDINGS L (RKLY) stock?

The number of analysts covering ROCKLEY PHOTONICS HOLDINGS L (RKLY) is 9.