Rite Aid (RAD) Stock Forecast, Price Target & Predictions
RAD Stock Forecast
Rite Aid stock forecast is as follows: an average price target of $7.00 (represents a 2715.77% upside from RAD’s last price of $0.25) and a rating consensus of 'Sell', based on 1 wall street analysts offering a 1-year stock forecast.
RAD Price Target
The average price target for Rite Aid (RAD) is $7.00 based on 1-year price targets from 1 Wall Street analysts in the past 3 months, with a price target range of $7.00 to $7.00. This represents a potential 2715.77% upside from RAD's last price of $0.25.
RAD Analyst Ratings
According to 1 Wall Street analysts, Rite Aid's rating consensus is 'Sell'. The analyst rating breakdown for RAD stock is 0 'Strong Buy' (0.00%), 0 'Buy' (0.00%), 0 'Hold' (0.00%), 1 'Sell' (100.00%), and 0 'Strong Sell' (0.00%).
Rite Aid Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Aug 27, 2022 | Elizabeth Anderson | Evercore ISI | $7.00 | $8.20 | -14.63% | 2715.77% |
The latest Rite Aid stock forecast, released on Aug 27, 2022 by Elizabeth Anderson from Evercore ISI, set a price target of $7.00, which represents a -14.63% decrease from the stock price at the time of the forecast ($8.20), and a 2715.77% increase from RAD last price ($0.25).
Rite Aid Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | - | - |
| Avg Price Target | - | - | - |
| Last Closing Price | $0.25 | $0.25 | $0.25 |
| Upside/Downside | -100.00% | -100.00% | -100.00% |
In the current month, the average price target of Rite Aid stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Rite Aid's last price of $0.25. This month's average price target is down NaN% compared to last quarter, and down NaN% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Aug 27, 2022 | Evercore ISI | Underperform | Underperform | Hold |
| Apr 07, 2022 | Deutsche Bank | - | Sell | Downgrade |
Rite Aid's last stock rating was published by Evercore ISI on Aug 27, 2022. The company gave RAD a "Underperform" rating, the same as its previous rate.
Rite Aid Financial Forecast
Rite Aid Revenue Forecast
| Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Mar 19 | Mar 18 | Dec 17 | Mar 17 | Dec 16 | Sep 16 | Jun 16 | Mar 16 | Dec 15 | Sep 15 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | $5.65B | $5.65B | $6.09B | - | - | - | - | - | - | - | - | - | - | - | - | - | $5.38B | $5.39B | $5.35B | $8.54B | - | - | - | - | - | - |
| Avg Forecast | $5.80B | $5.76B | $5.95B | $5.78B | $5.65B | $6.30B | $7.27B | $7.52B | $8.78B | $5.73B | $5.75B | $5.95B | $9.39B | $4.16B | $19.44B | $231.22B | $57.26B | $2.32B | $19.66B | $3.79B | $9.41B | $6.47B | $28.25B | $203.72B | $7.65B | $3.17B | $40.92B | $1.70B | $8.15B | $15.33B |
| High Forecast | $5.80B | $5.76B | $5.95B | $5.78B | $5.65B | $7.56B | $8.73B | $9.03B | $10.53B | $6.87B | $6.90B | $7.13B | $11.27B | $4.99B | $23.33B | $277.47B | $68.71B | $2.79B | $23.60B | $4.55B | $11.30B | $7.77B | $33.91B | $244.47B | $9.18B | $3.81B | $49.11B | $2.04B | $9.79B | $18.40B |
| Low Forecast | $5.80B | $5.76B | $5.95B | $5.78B | $5.65B | $5.04B | $5.82B | $6.02B | $7.02B | $4.58B | $4.60B | $4.76B | $7.51B | $3.33B | $15.56B | $184.98B | $45.81B | $1.86B | $15.73B | $3.04B | $7.53B | $5.18B | $22.60B | $162.98B | $6.12B | $2.54B | $32.74B | $1.36B | $6.52B | $12.26B |
| # Analysts | - | - | 1 | 1 | - | 20 | 19 | 18 | 15 | 16 | 12 | 20 | 10 | 10 | 14 | 12 | 18 | 15 | 8 | 10 | 12 | 15 | 17 | 20 | 12 | 12 | 16 | 14 | 14 | 9 |
| Surprise % | - | - | - | - | 1.00% | 0.90% | 0.84% | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.57% | 0.83% | 0.19% | 0.04% | - | - | - | - | - | - |
Rite Aid's average Quarter revenue forecast for Dec 23 based on 1 analysts is $5.78B, with a low forecast of $5.78B, and a high forecast of $5.78B. RAD's average Quarter revenue forecast represents a 2.38% increase compared to the company's last Quarter revenue of $5.65B (Sep 23).
Rite Aid EBITDA Forecast
| Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Mar 19 | Mar 18 | Dec 17 | Mar 17 | Dec 16 | Sep 16 | Jun 16 | Mar 16 | Dec 15 | Sep 15 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | - | - | 1 | 1 | - | 20 | 19 | 18 | 15 | 16 | 12 | 20 | 10 | 10 | 14 | 12 | 18 | 15 | 8 | 10 | 12 | 15 | 17 | 20 | 12 | 12 | 16 | 14 | 14 | 9 |
| EBITDA | - | - | - | - | $-362.87M | $-10.80M | $21.36M | - | - | - | - | - | - | - | - | - | - | - | - | - | $61.65M | $1.13B | $133.62M | $286.05M | - | - | - | - | - | - |
| Avg Forecast | - | - | $-350.61M | - | - | $14.45M | $-318.74M | $234.79M | $24.37M | $13.14M | $-251.97M | $185.60M | $26.07M | $58.44M | $93.91M | $5.25B | $99.06M | $82.00M | $692.01M | $53.60M | $79.26M | $937.20M | $704.89M | $9.89B | $350.80M | $269.44M | $377.46M | $276.81M | $351.31M | $379.50M |
| High Forecast | - | - | $-280.49M | - | - | $17.35M | $-254.99M | $281.74M | $29.25M | $15.77M | $-201.57M | $222.72M | $31.28M | $70.13M | $112.69M | $6.30B | $118.87M | $98.40M | $830.41M | $64.32M | $95.11M | $1.12B | $845.87M | $11.87B | $420.96M | $323.33M | $452.95M | $332.17M | $421.58M | $455.40M |
| Low Forecast | - | - | $-420.73M | - | - | $11.56M | $-382.48M | $187.83M | $19.50M | $10.51M | $-302.36M | $148.48M | $20.85M | $46.75M | $75.13M | $4.20B | $79.25M | $65.60M | $553.61M | $42.88M | $63.41M | $749.76M | $563.92M | $7.91B | $280.64M | $215.55M | $301.97M | $221.45M | $281.05M | $303.60M |
| Surprise % | - | - | - | - | - | -0.75% | -0.07% | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.78% | 1.20% | 0.19% | 0.03% | - | - | - | - | - | - |
20 analysts predict RAD's average Quarter EBITDA for Jun 23 to be $14.45M, with a high of $17.35M and a low of $11.56M. This is -32.31% lower than Rite Aid's previous annual EBITDA (Mar 23) of $21.36M.
Rite Aid Net Income Forecast
| Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Mar 19 | Mar 18 | Dec 17 | Mar 17 | Dec 16 | Sep 16 | Jun 16 | Mar 16 | Dec 15 | Sep 15 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | - | - | 1 | 1 | - | 20 | 19 | 18 | 15 | 16 | 12 | 20 | 10 | 10 | 14 | 12 | 18 | 15 | 8 | 10 | 12 | 15 | 17 | 20 | 12 | 12 | 16 | 14 | 14 | 9 |
| Net Income | - | - | - | - | $-1.02B | $-306.72M | $-241.31M | - | - | - | - | - | - | - | - | - | - | - | - | - | $-272.98M | $767.07M | $81.03M | $-21.14M | - | - | - | - | - | - |
| Avg Forecast | $85.25M | $74.25M | $-493.04M | $-94.57M | $76.77M | $-138.53M | $-448.22M | $-101.35M | $-96.01M | $-125.93M | $-354.32M | $-80.12M | $-102.69M | $-6.77M | $-18.01M | $163.45M | $-108.35M | $-166.69M | $185.35M | $-46.45M | $-350.97M | $894.95M | $427.52M | $-728.15M | $20.25M | $14.80M | $-7.45M | $65.60M | $59.50M | $29.02M |
| High Forecast | $85.25M | $74.25M | $-394.43M | $-94.57M | $76.77M | $-110.82M | $-358.58M | $-81.08M | $-76.81M | $-100.75M | $-283.46M | $-64.09M | $-82.15M | $-5.42M | $-14.41M | $196.14M | $-86.68M | $-133.35M | $222.42M | $-37.16M | $-280.78M | $1.07B | $513.03M | $-582.52M | $24.30M | $17.76M | $-5.96M | $78.72M | $71.40M | $34.83M |
| Low Forecast | $85.25M | $74.25M | $-591.65M | $-94.57M | $76.77M | $-166.23M | $-537.86M | $-121.62M | $-115.22M | $-151.12M | $-425.19M | $-96.14M | $-123.23M | $-8.12M | $-21.61M | $130.76M | $-130.02M | $-200.03M | $148.28M | $-55.74M | $-421.17M | $715.96M | $342.02M | $-873.78M | $16.20M | $11.84M | $-8.94M | $52.48M | $47.60M | $23.22M |
| Surprise % | - | - | - | - | -13.29% | 2.21% | 0.54% | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.78% | 0.86% | 0.19% | 0.03% | - | - | - | - | - | - |
Rite Aid's average Quarter net income forecast for Mar 19 is $-350.97M, with a range of $-421.17M to $-280.78M. RAD's average Quarter net income forecast represents a -145.75% decrease compared to the company's last Quarter net income of $767.07M (Mar 18).
Rite Aid SG&A Forecast
| Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Mar 19 | Mar 18 | Dec 17 | Mar 17 | Dec 16 | Sep 16 | Jun 16 | Mar 16 | Dec 15 | Sep 15 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | - | - | 1 | 1 | - | 20 | 19 | 18 | 15 | 16 | 12 | 20 | 10 | 10 | 14 | 12 | 18 | 15 | 8 | 10 | 12 | 15 | 17 | 20 | 12 | 12 | 16 | 14 | 14 | 9 |
| SG&A | - | - | - | - | $1.46B | $1.26B | $1.30B | - | - | - | - | - | - | - | - | - | - | - | - | - | $1.14B | $1.18B | $1.17B | $1.90B | - | - | - | - | - | - |
| Avg Forecast | - | - | $1.58B | - | - | $1.53B | $1.43B | $3.59B | $1.21B | $1.39B | $1.13B | $2.84B | $1.30B | $645.74M | $1.16B | $43.71B | $2.04B | $592.54M | $4.09B | $665.26M | $1.47B | $1.38B | $6.16B | $65.46B | $2.39B | $1.78B | $2.91B | - | $1.78B | $2.33B |
| High Forecast | - | - | $1.89B | - | - | $1.84B | $1.72B | $4.31B | $1.46B | $1.67B | $1.36B | $3.40B | $1.56B | $774.89M | $1.39B | $52.45B | $2.45B | $711.05M | $4.90B | $798.31M | $1.76B | $1.65B | $7.39B | $78.56B | $2.87B | $2.13B | $3.49B | - | $2.13B | $2.80B |
| Low Forecast | - | - | $1.26B | - | - | $1.22B | $1.15B | $2.87B | $970.86M | $1.11B | $906.23M | $2.27B | $1.04B | $516.59M | $925.03M | $34.97B | $1.63B | $474.03M | $3.27B | $532.21M | $1.18B | $1.10B | $4.93B | $52.37B | $1.92B | $1.42B | $2.32B | - | $1.42B | $1.86B |
| Surprise % | - | - | - | - | - | 0.82% | 0.90% | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.78% | 0.86% | 0.19% | 0.03% | - | - | - | - | - | - |
Rite Aid's average Quarter SG&A projection for Dec 23 is -, based on 1 Wall Street analysts, with a range of - to -. The forecast indicates a -100.00% fall compared to RAD last annual SG&A of $1.46B (Sep 23).
Rite Aid EPS Forecast
| Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Mar 19 | Mar 18 | Dec 17 | Mar 17 | Dec 16 | Sep 16 | Jun 16 | Mar 16 | Dec 15 | Sep 15 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | - | - | 1 | 1 | - | 20 | 19 | 18 | 15 | 16 | 12 | 20 | 10 | 10 | 14 | 12 | 18 | 15 | 8 | 10 | 12 | 15 | 17 | 20 | 12 | 12 | 16 | 14 | 14 | 9 |
| EPS | - | - | - | - | $-18.44 | $-5.56 | $-4.39 | - | - | - | - | - | - | - | - | - | - | - | - | - | $-5.20 | $14.60 | $1.60 | $-0.40 | - | - | - | - | - | - |
| Avg Forecast | $1.54 | $1.34 | $-1.47 | $-1.71 | $1.39 | $1.19 | $1.43 | $1.95 | $1.27 | $1.15 | $1.43 | $1.89 | $1.25 | $1.01 | $-0.74 | $-0.38 | $-0.65 | $-0.08 | $0.32 | $0.04 | $-0.45 | $-0.28 | $-2.11 | $-0.35 | $0.05 | $0.03 | $0.08 | $0.06 | $0.06 | $0.05 |
| High Forecast | $1.54 | $1.34 | $-1.47 | $-1.71 | $1.39 | $1.19 | $1.43 | $1.95 | $1.27 | $1.15 | $1.43 | $1.89 | $1.25 | $1.01 | $-0.59 | $-0.30 | $-0.52 | $-0.06 | $0.39 | $0.05 | $-0.36 | $-0.22 | $-1.69 | $-0.28 | $0.06 | $0.04 | $0.10 | $0.07 | $0.07 | $0.06 |
| Low Forecast | $1.54 | $1.34 | $-1.47 | $-1.71 | $1.39 | $1.19 | $1.43 | $1.95 | $1.27 | $1.15 | $1.43 | $1.89 | $1.25 | $1.01 | $-0.89 | $-0.45 | $-0.78 | $-0.09 | $0.26 | $0.03 | $-0.54 | $-0.34 | $-2.53 | $-0.41 | $0.04 | $0.02 | $0.06 | $0.05 | $0.05 | $0.04 |
| Surprise % | - | - | - | - | -13.28% | -4.66% | -3.07% | - | - | - | - | - | - | - | - | - | - | - | - | - | 11.56% | -52.14% | -0.76% | 1.14% | - | - | - | - | - | - |
According to 12 Wall Street analysts, Rite Aid's projected average Quarter EPS for Mar 19 is $-0.45, with a low estimate of $-0.54 and a high estimate of $-0.36. This represents a -103.08% decrease compared to RAD previous annual EPS of $14.60 (Mar 18).
RAD Forecast FAQ
Is Rite Aid a good buy?
No, according to 1 Wall Street analysts, Rite Aid (RAD) is considered a 'Sell'. The rating consensus is based on 0 'Strong Buy' and 0 'Buy' recommendations, accounting for 0% of RAD's total ratings.
What is RAD's price target?
Rite Aid (RAD) average price target is $7 with a range of $7 to $7, implying a 2715.77% from its last price of $0.249. The data is based on 1 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will Rite Aid stock go up soon?
According to Wall Street analysts' prediction for RAD stock, the company can go up by 2715.77% (from the last price of $0.249 to the average price target of $7), up by 2715.77% based on the highest stock price target, and up by 2715.77% based on the lowest stock price target.
Can Rite Aid stock reach $0?
RAD's average twelve months analyst stock price target of $7 supports the claim that Rite Aid can reach $0 in the near future.
What are Rite Aid's analysts' financial forecasts?
RAD's analysts financial forecasts for the fiscal year (Mar 2024) are as follows: average revenue is $23.68B (high $24.94B, low $22.42B), average EBITDA is $-336M (high $-263M, low $-409M), average net income is $-649M (high $-523M, low $-776M), average SG&A $3.11B (high $3.73B, low $2.49B), and average EPS is $-0.6 (high $-0.6, low $-0.6).
Did the RAD's actual financial results beat the analysts' financial forecasts?
Based on Rite Aid's last annual report (Mar 2023), the company's revenue was $24.09B, which missed the average analysts forecast of $29.3B by -17.78%. Apple's EBITDA was $178.44M, missing the average prediction of $-46.437M by -484.25%. The company's net income was $-750M, missing the average estimation of $-772M by -2.80%. Apple's SG&A was $4.9B, missing the average forecast of $7.63B by -35.73%. Lastly, the company's EPS was $-13.71, missing the average prediction of $5.81 by -336.01%. In terms of the last quarterly report (Sep 2023), Rite Aid's revenue was $5.65B, beating the average analysts' forecast of $5.65B by 0%. The company's EBITDA was $-363M, beating the average prediction of $0 by 0%. Rite Aid's net income was $-1.02B, missing the average estimation of $76.77M by -1428.66%. The company's SG&A was $1.46B, beating the average forecast of $0 by 0%. Lastly, the company's EPS was $-18.44, missing the average prediction of $1.39 by -1428.42%