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Redfin (RDFN) Stock Forecast & Price Target

Redfin logo
$8.52 +0.45 (+5.58%)
(As of 12/20/2024 05:40 PM ET)

Redfin - Analysts' Recommendations and Stock Price Forecast (2025)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Sell
2
Hold
8
Buy
2

Based on 12 Wall Street analysts who have issued ratings for Redfin in the last 12 months, the stock has a consensus rating of "Hold." Out of the 12 analysts, 2 have given a sell rating, 8 have given a hold rating, and 2 have given a buy rating for RDFN.

Consensus Price Target

$8.98
5.37% Upside
According to the 12 analysts' twelve-month price targets for Redfin, the average price target is $8.98. The highest price target for RDFN is $15.00, while the lowest price target for RDFN is $5.50. The average price target represents a forecasted upside of 5.37% from the current price of $8.52.
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RDFN Analyst Ratings Over Time

TypeCurrent Forecast
12/22/23 to 12/21/24
1 Month Ago
11/22/23 to 11/21/24
3 Months Ago
9/23/23 to 9/22/24
1 Year Ago
12/22/22 to 12/22/23
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
2 Buy rating(s)
2 Buy rating(s)
2 Buy rating(s)
0 Buy rating(s)
Hold
8 Hold rating(s)
8 Hold rating(s)
7 Hold rating(s)
12 Hold rating(s)
Sell
2 Sell rating(s)
2 Sell rating(s)
2 Sell rating(s)
1 Sell rating(s)
Consensus Price Target$8.98$8.98$7.68$8.00
Forecasted Upside5.37% Upside10.33% Upside-42.64% Downside-16.84% Downside
Consensus Rating
Hold
Hold
Hold
Reduce

RDFN Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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RDFN Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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Redfin Stock vs. The Competition

TypeRedfinFinance CompaniesS&P 500
Consensus Rating Score
2.00
2.50
2.51
Consensus RatingHoldHoldModerate Buy
Predicted Upside5.37% Upside18.66% Upside14.52% Upside
News Sentiment Rating
Neutral News

See Recent RDFN News
Positive News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
11/19/2024DA Davidson
3 of 5 stars
 Reiterated RatingNeutral ➝ Neutral$7.25 ➝ $7.25-10.71%
11/18/2024The Goldman Sachs Group
2 of 5 stars
M. Ng
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DowngradeNeutral ➝ Sell$6.00 ➝ $6.50-22.34%
11/12/2024JPMorgan Chase & Co.
3 of 5 stars
 Boost TargetNeutral ➝ Neutral$7.00 ➝ $8.00-16.49%
11/11/2024Susquehanna
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 Boost TargetNeutral ➝ Neutral$7.00 ➝ $10.00-0.30%
11/8/2024Wedbush
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 Boost TargetNeutral ➝ Neutral$8.00 ➝ $10.00+3.09%
10/22/2024Jefferies Financial Group
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 Boost TargetHold ➝ Hold$7.50 ➝ $11.50+11.76%
9/30/2024B. Riley
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N. Khan
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Boost TargetBuy ➝ Buy$13.00 ➝ $15.00+21.16%
8/7/2024Needham & Company LLC
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 Reiterated RatingHold
5/8/2024Citigroup
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 Lower TargetNeutral ➝ Neutral$8.00 ➝ $7.00+12.54%
5/8/2024Stephens
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J. Campbell
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UpgradeEqual Weight ➝ Overweight$8.00 ➝ $9.00+41.29%
2/29/2024Gordon Haskett
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 DowngradeHold ➝ Underperform$5.50-21.43%
2/28/2024Royal Bank of Canada
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 Lower TargetSector Perform ➝ Sector Perform$10.00 ➝ $9.00+28.02%
11/6/2023Piper Sandler
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 Lower TargetUnderweight ➝ Underweight$6.00 ➝ $4.00-33.11%
8/15/2023Oppenheimer
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 UpgradeUnderperform ➝ Market Perform
5/5/2023Compass Point
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 UpgradeSell ➝ Neutral$7.00-1.13%
12/21/2022Truist Financial
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 DowngradeBuy ➝ Hold$10.00 ➝ $5.50+14.82%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Saturday at 09:18 PM ET.


RDFN Forecast - Frequently Asked Questions

According to the research reports of 12 Wall Street equities research analysts, the average twelve-month stock price forecast for Redfin is $8.98, with a high forecast of $15.00 and a low forecast of $5.50.

12 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Redfin in the last twelve months. There are currently 2 sell ratings, 8 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" RDFN shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in RDFN, but not buy additional shares or sell existing shares.

According to analysts, Redfin's stock has a predicted upside of 5.37% based on their 12-month stock forecasts.

Over the previous 90 days, Redfin's stock had 1 downgrade by analysts.

Redfin has been rated by research analysts at B. Riley, DA Davidson, Jefferies Financial Group, JPMorgan Chase & Co., Susquehanna, The Goldman Sachs Group, and Wedbush in the past 90 days.

Analysts like Redfin less than other "finance" companies. The consensus rating score for Redfin is 2.00 while the average consensus rating score for "finance" companies is 2.50. Learn more on how RDFN compares to other companies.


This page (NASDAQ:RDFN) was last updated on 12/21/2024 by MarketBeat.com Staff
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