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Rain Enhancement Technologies (RAIN) Stock Forecast, Price Target & Predictions

OverviewOwnershipFinancialsChart

RAIN Stock Rating

Rain Enhancement Technologies stock's rating consensus is Hold, based on 11 Wall Street analysts. The breakdown includes 0 Strong Buy (0.00%), 4 Buy (36.36%), 7 Hold (63.64%), 0 Sell (0.00%), and 0 Strong Sell (0.00%).

Hold
Total 11 0 7 4 Strong Sell Sell Hold Buy Strong Buy

RAIN Price Target Upside V Benchmarks

TypeNameUpside
StockRain Enhancement Technologies-
SectorUtilities Stocks10.00%

Price Target Trends

1M3M12M
# Anlaysts---
Avg Price Target---
Last Closing Price$2.62$2.62$2.62
Upside/Downside---
Ratings Trends
DateStrong BuyBuyHoldSellStrong SellTotal
Feb, 24------
Jan, 24--9--9
Dec, 23--9--9
Nov, 23------
Oct, 23------
Analyst Price Target Forecasts
DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Analyst Rating Forecasts
DateCompanyPrevious RatingNew RatingRating Change
May 23, 2023Mizuho SecuritiesBuyBuyhold
Mar 21, 2023Wells FargoOverweightinitialise
Nov 23, 2022CitigroupBuyBuyhold

Financial Forecast

EPS Forecast

$-20 $-16 $-12 $-8 $-4 $0 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26
Dec 22Dec 23Dec 24Dec 25Dec 26
Reported$-16.26$-0.06$-2.29--
Avg Forecast$-2.53$-1.75$-0.88$-0.72$-0.80
High Forecast$-2.53$-1.45$-0.47$-0.72$-0.80
Low Forecast$-2.53$-2.05$-1.29$-0.72$-0.80
Surprise %542.69%-96.57%160.23%--

Revenue Forecast

Dec 22 Dec 23 Dec 24 Dec 25 Dec 26
Dec 22Dec 23Dec 24Dec 25Dec 26
Reported-----
Avg Forecast$-90.00K----
High Forecast$-66.15K----
Low Forecast$-115.50K----
Surprise %-----

Net Income Forecast

$-80M $-64M $-48M $-32M $-16M $0 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26
Dec 22Dec 23Dec 24Dec 25Dec 26
Reported$-75.72M$-437.01K$-4.53M--
Avg Forecast$-83.27M$-12.01M$-6.04M$-4.94M$-5.49M
High Forecast$-70.83M$-9.95M$-3.22M$-4.94M$-5.49M
Low Forecast$-70.83M$-14.06M$-8.85M$-4.94M$-5.49M
Surprise %-9.06%-96.36%-24.91%--

RAIN Forecast FAQ

Is Rain Enhancement Technologies stock a buy?

Rain Enhancement Technologies stock has a consensus rating of Hold, based on 11 Wall Street analysts. The rating breakdown includes 0 Strong Buy, 4 Buy, 7 Hold, 0 Sell, and 0 Strong Sell, reflecting a consensus that Rain Enhancement Technologies is a neutral investment for most analysts.

What is Rain Enhancement Technologies's price target?

Rain Enhancement Technologies's price target, set by 11 Wall Street analysts, averages - over the next 12 months. The price target range spans from - at the low end to - at the high end, suggesting a potential 0% change from the previous closing price of $2.62.

How does Rain Enhancement Technologies stock forecast compare to its benchmarks?

Rain Enhancement Technologies's stock forecast shows a 0% downside, underperforming the average forecast for the utilities stocks sector (10.00%).

What is the breakdown of analyst ratings for Rain Enhancement Technologies over the past three months?

  • January 2024: 0% Strong Buy, 0% Buy, 100.00% Hold, 0% Sell, 0% Strong Sell.
  • December 2023: 0% Strong Buy, 0% Buy, 100.00% Hold, 0% Sell, 0% Strong Sell.

What is Rain Enhancement Technologies’s EPS forecast?

Rain Enhancement Technologies's average annual EPS forecast for its fiscal year ending in December 2025 is $-0.72, marking a -68.56% decrease from the reported $-2.29 in 2024. Estimates for the following years are.

What is Rain Enhancement Technologies’s revenue forecast?

Rain Enhancement Technologies's average annual revenue forecast for its fiscal year ending in December 2025 is $0, reflecting a 0% decrease from the reported $0 in 2024. The forecast for.

What is Rain Enhancement Technologies’s net income forecast?

Rain Enhancement Technologies's net income forecast for the fiscal year ending in December 2025 stands at $-4.94M, representing an 8.95% increase from the reported $-4.534M in 2024. Projections indicate .