Redfin (RDFN) Stock Forecast, Price Target & Predictions


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RDFN Stock Forecast


Redfin stock forecast is as follows: an average price target of $12.61 (represents a -12.73% downside from RDFN’s last price of $14.45) and a rating consensus of 'Hold', based on 16 wall street analysts offering a 1-year stock forecast.

RDFN Price Target


The average price target for Redfin (RDFN) is $12.61 based on 1-year price targets from 16 Wall Street analysts in the past 3 months, with a price target range of $32.00 to $5.00. This represents a potential -12.73% downside from RDFN's last price of $14.45.

RDFN Analyst Ratings


Hold

According to 16 Wall Street analysts, Redfin's rating consensus is 'Hold'. The analyst rating breakdown for RDFN stock is 0 'Strong Buy' (0.00%), 6 'Buy' (37.50%), 9 'Hold' (56.25%), 1 'Sell' (6.25%), and 0 'Strong Sell' (0.00%).

Redfin Price Target by Analyst


DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
May 09, 2024Tom WhiteD.A. Davidson$7.25$6.836.07%-49.83%
May 08, 2024John CampbellStephens$9.00$6.2544.00%-37.72%
Dec 13, 2022-Citigroup$5.00$5.15-2.91%-65.40%
Nov 10, 2022-RBC Capital$5.00$4.3116.01%-65.40%
Aug 27, 2022Shyam PatilSusquehanna$10.50$9.0216.41%-27.34%
Aug 05, 2022Thomas ChampionPiper Sandler$7.00$10.38-32.56%-51.56%
Jun 28, 2022Scott DevittStifel Nicolaus$10.00$9.436.04%-30.80%
Jun 21, 2022Jason WeaverCompass Point$8.50$7.799.11%-41.18%
May 06, 2022Brad EricksonRBC Capital$14.00$12.2214.52%-3.11%
May 06, 2022Thomas ChampionPiper Sandler$10.00$11.33-11.74%-30.80%
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The latest Redfin stock forecast, released on May 09, 2024 by Tom White from D.A. Davidson, set a price target of $7.25, which represents a 6.07% increase from the stock price at the time of the forecast ($6.83), and a -49.83% decrease from RDFN last price ($14.45).

Redfin Price Target by Period


1M3M12M
# Anlaysts--2
Avg Price Target--$8.13
Last Closing Price$14.45$14.45$14.45
Upside/Downside-100.00%-100.00%-43.74%

In the current month, the average price target of Redfin stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Redfin's last price of $14.45. This month's average price target is down NaN% compared to last quarter, and down -100.00% compared to last year.

Analyst Ratings Upgrades/Downgrades


DateCompanyPrevious RatingNew RatingRating Change
Sep 03, 2024B. Riley-BuyUpgrade
Aug 08, 2024SusquehannaNeutralNeutralHold
May 08, 2024Stephens-OverweightUpgrade
Sep 28, 2023Cowen & Co.-HoldDowngrade
Sep 28, 2023Maxim Group-HoldDowngrade
Sep 28, 2023TD Securities-NeutralDowngrade
Sep 28, 2023Morgan Stanley-UnderweightInitialise
Sep 28, 2023Evercore ISI-OutperformInitialise
Sep 28, 2023BTIG-BuyInitialise
Sep 28, 2023UBS-NeutralInitialise
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Redfin's last stock rating was published by B. Riley on Sep 03, 2024. The company Upgrade its RDFN rating from "null" to "Buy".

Redfin Financial Forecast


Redfin Revenue Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jul 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
Revenue------------$218.08M$268.96M$275.56M$325.66M$479.66M$600.52M-$597.35M$643.06M$540.07M$471.31M$268.32M$244.52M$236.92M$213.66M$191.00M$233.19M$238.68M
Avg Forecast$278.13M$333.59M$347.74M$265.83M$263.04M$308.26M$316.51M$245.33M$239.08M$280.81M$291.67M$217.79M$220.32M$270.38M$275.70M$314.10M$445.30M$602.72M$615.06M$551.39M$598.80M$539.70M$454.33M$253.31M$235.15M$228.84M$189.08M$178.30M$217.45M$229.98M
High Forecast$283.05M$339.49M$353.90M$270.54M$267.69M$313.71M$322.11M$249.67M$243.32M$284.12M$296.83M$221.65M$225.46M$275.17M$280.58M$319.66M$453.18M$613.39M$615.06M$576.03M$625.56M$563.81M$474.63M$264.63M$245.66M$239.06M$197.53M$186.27M$227.16M$240.26M
Low Forecast$275.74M$330.72M$344.76M$263.55M$260.78M$305.61M$313.79M$243.23M$237.03M$278.92M$289.16M$215.92M$217.85M$268.06M$273.33M$311.40M$441.48M$597.55M$615.06M$516.94M$561.39M$505.98M$425.94M$237.48M$220.46M$214.54M$177.27M$167.16M$203.86M$215.62M
# Analysts999955556126612999555865571010101066
Surprise %------------0.99%0.99%1.00%1.04%1.08%1.00%-1.08%1.07%1.00%1.04%1.06%1.04%1.04%1.13%1.07%1.07%1.04%

Redfin's average Quarter revenue forecast for Mar 24 based on 6 analysts is $217.79M, with a low forecast of $215.92M, and a high forecast of $221.65M. RDFN's average Quarter revenue forecast represents a -0.13% decrease compared to the company's last Quarter revenue of $218.08M (Dec 23).

Redfin EBITDA Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jul 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts999955556126612999555865571010101066
EBITDA------------$-44.25M$-25.53M$-22.06M$-82.67M$-92.73M$-68.17M-$-66.29M$-9.20M$-1.30M$-16.44M$-30.11M$29.88M$40.40M$-388.00K$-54.37M$-2.55M$11.61M
Avg Forecast$-18.82M$-22.57M$-23.53M$-17.99M$-17.80M$-20.86M$-21.42M$-16.60M$-16.18M$-19.00M$-19.74M$-127.58M$-14.91M$-18.30M$-18.66M$-115.98M$-30.13M$-1.36M$-41.62M$-105.44M$-10.64M$-1.23M$-18.86M$-27.45M$22.41M$32.32M$-576.94K$-62.34M$-3.41M$10.71M
High Forecast$-18.66M$-22.38M$-23.33M$-17.84M$-17.65M$-20.68M$-21.24M$-16.46M$-16.04M$-18.88M$-19.57M$-102.06M$-14.74M$-18.14M$-18.50M$-92.78M$-29.88M$-1.09M$-41.62M$-84.35M$-8.51M$-987.54K$-15.09M$-21.96M$26.89M$38.79M$-461.55K$-49.87M$-2.72M$12.86M
Low Forecast$-19.15M$-22.97M$-23.95M$-18.31M$-18.12M$-21.23M$-21.80M$-16.90M$-16.47M$-19.23M$-20.09M$-153.09M$-15.26M$-18.62M$-18.99M$-139.17M$-30.67M$-1.63M$-41.62M$-126.52M$-12.77M$-1.48M$-22.63M$-32.94M$17.93M$25.86M$-692.33K$-74.81M$-4.09M$8.57M
Surprise %------------2.97%1.40%1.18%0.71%3.08%50.21%-0.63%0.86%1.06%0.87%1.10%1.33%1.25%0.67%0.87%0.75%1.08%

7 analysts predict RDFN's average Quarter EBITDA for Mar 21 to be $-27.45M, with a high of $-21.96M and a low of $-32.94M. This is -191.86% lower than Redfin's previous annual EBITDA (Dec 20) of $29.88M.

Redfin Net Income Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jul 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts999955556126612999555865571010101066
Net Income------------$-22.90M$-18.97M$-27.36M$-60.80M$-61.95M$-90.25M-$-90.81M$-27.00M$-18.95M$-27.88M$-35.78M$14.04M$34.17M$-6.61M$-60.12M$-7.78M$6.78M
Avg Forecast$-32.51M$-6.02M$-7.22M$-58.99M$-20.47M$-15.13M$-22.54M$-45.58M$-23.35M$-24.65M$-31.37M$-133.06M$-25.42M$-27.37M$-40.41M$-120.96M$-129.17M$-19.75M$-72.13M$-109.97M$-31.22M$-17.95M$-31.98M$-32.63M$10.53M$27.33M$-9.83M$-68.93M$-10.38M$6.26M
High Forecast$-32.14M$-5.95M$-7.14M$-58.33M$-20.24M$-14.97M$-22.29M$-45.07M$-23.09M$-6.85M$-31.02M$-106.45M$-18.16M$-27.07M$-39.96M$-96.77M$-127.72M$-15.80M$-72.13M$-87.97M$-24.98M$-14.36M$-25.58M$-26.10M$12.63M$32.80M$-7.86M$-55.15M$-8.30M$7.51M
Low Forecast$-33.25M$-6.16M$-7.39M$-60.35M$-20.94M$-15.48M$-23.06M$-46.63M$-23.89M$-34.23M$-32.09M$-159.67M$-43.58M$-28.00M$-41.34M$-145.16M$-132.14M$-23.70M$-72.13M$-131.96M$-37.47M$-21.54M$-38.37M$-39.15M$8.42M$21.87M$-11.80M$-82.72M$-12.45M$5.01M
Surprise %------------0.90%0.69%0.68%0.50%0.48%4.57%-0.83%0.86%1.06%0.87%1.10%1.33%1.25%0.67%0.87%0.75%1.08%

Redfin's average Quarter net income forecast for Mar 21 is $-32.63M, with a range of $-39.15M to $-26.10M. RDFN's average Quarter net income forecast represents a -332.47% decrease compared to the company's last Quarter net income of $14.04M (Dec 20).

Redfin SG&A Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jul 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts999955556126612999555865571010101066
SG&A------------$72.54M$79.47M$94.80M$110.87M$87.13M$94.75M-$102.31M$89.36M$103.54M$114.97M$49.19M$30.87M$33.61M$32.50M$50.03M$27.09M$27.14M
Avg Forecast$60.88M$73.01M$76.11M$58.19M$57.57M$67.47M$69.28M$53.70M$52.33M$61.46M$63.84M$149.91M$48.22M$59.18M$60.34M$136.29M$97.47M$107.90M$134.62M$123.90M$103.32M$98.09M$131.87M$44.85M$23.15M$26.89M$48.33M$57.37M$36.12M$25.04M
High Forecast$61.95M$74.31M$77.46M$59.21M$58.59M$68.66M$70.50M$54.65M$53.26M$62.19M$64.97M$179.90M$49.35M$60.23M$61.41M$163.54M$99.19M$129.48M$134.62M$148.68M$123.99M$117.71M$158.25M$53.82M$27.78M$32.27M$58.00M$68.85M$43.35M$30.05M
Low Forecast$60.35M$72.39M$75.46M$57.69M$57.08M$66.89M$68.68M$53.24M$51.88M$61.05M$63.29M$119.93M$47.68M$58.67M$59.83M$109.03M$96.63M$86.32M$134.62M$99.12M$82.66M$78.47M$105.50M$35.88M$18.52M$21.51M$38.67M$45.90M$28.90M$20.03M
Surprise %------------1.50%1.34%1.57%0.81%0.89%0.88%-0.83%0.86%1.06%0.87%1.10%1.33%1.25%0.67%0.87%0.75%1.08%

Redfin's average Quarter SG&A projection for Mar 24 is $149.91M, based on 6 Wall Street analysts, with a range of $119.93M to $179.90M. The forecast indicates a 106.67% rise compared to RDFN last annual SG&A of $72.54M (Dec 23).

Redfin EPS Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jul 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts999955556126612999555865571010101066
EPS------------$-0.00-$-0.24$-0.55$-0.57$-0.83-$-0.85$-0.26$-0.20$-0.29$-0.37$0.12$0.32$-0.08$-0.64$-0.08$0.07
Avg Forecast$-0.27$-0.05$-0.06$-0.49$-0.17$-0.13$-0.19$-0.38$-0.19$-0.20$-0.26$-0.58$-0.21$-0.23$-0.34$-1.01$-1.07$-0.80$-0.61$-1.09$-0.31$-0.21$-0.33$-0.33$0.04$0.26$-0.23$-0.75$-0.12$0.04
High Forecast$-0.27$-0.05$-0.06$-0.48$-0.17$-0.12$-0.19$-0.37$-0.19$-0.06$-0.26$-0.57$-0.15$-0.22$-0.33$-1.00$-1.06$-0.80$-0.61$-1.00$-0.29$-0.19$-0.30$-0.30$0.05$0.27$-0.21$-0.69$-0.11$0.05
Low Forecast$-0.28$-0.05$-0.06$-0.50$-0.17$-0.13$-0.19$-0.39$-0.20$-0.28$-0.27$-0.59$-0.36$-0.23$-0.34$-1.03$-1.10$-0.82$-0.61$-1.15$-0.33$-0.22$-0.35$-0.35$0.04$0.24$-0.24$-0.79$-0.12$0.04
Surprise %------------0.00%-0.71%0.55%0.53%1.03%-0.78%0.83%0.97%0.88%1.12%2.73%1.24%0.35%0.86%0.68%1.63%

According to 7 Wall Street analysts, Redfin's projected average Quarter EPS for Mar 21 is $-0.33, with a low estimate of $-0.35 and a high estimate of $-0.30. This represents a -375.49% decrease compared to RDFN previous annual EPS of $0.12 (Dec 20).

Redfin Peer Comparison by Price Target


TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
WEWeWork$0.84$16.00K1904661.90%Buy
OPADOfferpad Solutions$4.33$654.3515012.01%Buy
DOMADoma$6.13$921.8814938.83%Hold
OPENOpendoor$2.27$5.63148.02%Buy
HOUSAnywhere Real Estate$5.46$8.5055.68%Sell
RMAXRE/MAX$12.91$16.6729.12%Buy
EXPIeXp World$14.28$13.50-5.46%Buy
RDFNRedfin$14.45$12.61-12.73%Hold
MMIMarcus & Millichap$40.12$26.00-35.19%Buy

RDFN Forecast FAQ


No, according to 16 Wall Street analysts, Redfin (RDFN) is considered a 'Hold'. The rating consensus is based on 0 'Strong Buy' and 6 'Buy' recommendations, accounting for 37.50% of RDFN's total ratings.

Redfin (RDFN) average price target is $12.61 with a range of $5 to $32, implying a -12.73% from its last price of $14.45. The data is based on 16 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

According to Wall Street analysts' prediction for RDFN stock, the company can go down by -12.73% (from the last price of $14.45 to the average price target of $12.61), up by 121.45% based on the highest stock price target, and down by -65.40% based on the lowest stock price target.

RDFN's highest twelve months analyst stock price target of $32 supports the claim that Redfin can reach $20 in the near future.

Redfin's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $1.13B (high $1.15B, low $1.12B), average EBITDA is $-76.683M (high $-76.025M, low $-78.04M), average net income is $-104M (high $-103M, low $-106M), average SG&A $248.02M (high $252.41M, low $245.89M), and average EPS is $-0.862 (high $-0.852, low $-0.881). RDFN's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $1.23B (high $1.25B, low $1.21B), average EBITDA is $-82.919M (high $-82.207M, low $-84.387M), average net income is $-105M (high $-104M, low $-107M), average SG&A $268.19M (high $272.93M, low $265.89M), and average EPS is $-0.87 (high $-0.86, low $-0.89).

Based on Redfin's last annual report (Dec 2023), the company's revenue was $976.67M, which missed the average analysts forecast of $1.08B by -9.61%. Apple's EBITDA was $-218M, beating the average prediction of $-168M by 29.92%. The company's net income was $-130M, missing the average estimation of $-214M by -39.29%. Apple's SG&A was $356.65M, beating the average forecast of $304.03M by 17.31%. Lastly, the company's EPS was $-0.0011, missing the average prediction of $-1.783 by -99.94%. In terms of the last quarterly report (Dec 2023), Redfin's revenue was $218.08M, missing the average analysts' forecast of $220.32M by -1.02%. The company's EBITDA was $-44.253M, beating the average prediction of $-14.909M by 196.81%. Redfin's net income was $-22.898M, missing the average estimation of $-25.421M by -9.93%. The company's SG&A was $72.54M, beating the average forecast of $48.22M by 50.42%. Lastly, the company's EPS was $-0.0002, missing the average prediction of $-0.211 by -99.91%