Reading (RDI) Stock Forecast, Price Target & Predictions
RDI Stock Forecast
Reading stock forecast is as follows: an average price target of $2.40 (represents a 33.33% upside from RDI’s last price of $1.80) and a rating consensus of 'Hold', based on 1 wall street analysts offering a 1-year stock forecast.
RDI Price Target
The average price target for Reading (RDI) is $2.40 based on 1-year price targets from 1 Wall Street analysts in the past 3 months, with a price target range of $2.40 to $2.40. This represents a potential 33.33% upside from RDI's last price of $1.80.
RDI Analyst Ratings
According to 1 Wall Street analysts, Reading's rating consensus is 'Hold'. The analyst rating breakdown for RDI stock is 0 'Strong Buy' (0.00%), 0 'Buy' (0.00%), 1 'Hold' (100.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
Reading Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Jul 09, 2024 | Chad Beynon | Macquarie | $2.40 | $1.35 | 77.78% | 33.33% |
The latest Reading stock forecast, released on Jul 09, 2024 by Chad Beynon from Macquarie, set a price target of $2.40, which represents a 77.78% increase from the stock price at the time of the forecast ($1.35), and a 33.33% increase from RDI last price ($1.80).
Reading Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | 1 | 1 |
| Avg Price Target | - | $2.40 | $2.40 |
| Last Closing Price | $1.80 | $1.80 | $1.80 |
| Upside/Downside | -100.00% | 33.33% | 33.33% |
In the current month, the average price target of Reading stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Reading's last price of $1.80. This month's average price target is down -100.00% compared to last quarter, and down -100.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Jul 09, 2024 | Macquarie | Neutral | Neutral | Hold |
Reading's last stock rating was published by Macquarie on Jul 09, 2024. The company gave RDI a "Neutral" rating, the same as its previous rate.
Reading Financial Forecast
Reading Revenue Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | 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 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | $66.56M | $65.06M | $45.81M | $47.21M | $51.20M | $64.51M | $40.20M | $49.92M | $31.80M | $36.03M | $21.31M | $15.02M | $10.19M | $3.42M | $49.23M | $68.67M | $70.46M |
| Avg Forecast | $70.87M | $69.48M | $64.27M | $58.16M | $67.73M | $66.09M | $61.12M | $55.27M | $62.62M | $59.63M | $57.31M | $43.99M | $51.87M | $66.75M | $68.53M | $53.45M | $50.79M | $53.00M | $61.74M | $40.27M | $39.16M | $42.49M | $43.38M | $15.22M | $7.92M | $5.15M | $8.37M | $45.57M | $71.29M | $74.45M |
| High Forecast | $70.87M | $69.48M | $64.27M | $58.16M | $67.73M | $66.09M | $61.12M | $55.27M | $62.62M | $59.63M | $57.31M | $43.99M | $55.36M | $66.75M | $68.53M | $53.45M | $50.79M | $53.00M | $61.74M | $40.27M | $39.16M | $42.49M | $43.38M | $15.22M | $7.92M | $5.15M | $8.37M | $45.57M | $71.29M | $74.45M |
| Low Forecast | $70.87M | $69.48M | $64.27M | $58.16M | $67.73M | $66.09M | $61.12M | $55.27M | $62.62M | $59.63M | $57.31M | $43.99M | $48.37M | $66.75M | $68.53M | $53.45M | $50.79M | $53.00M | $61.74M | $40.27M | $39.16M | $42.49M | $43.38M | $15.22M | $7.92M | $5.15M | $8.37M | $45.57M | $71.29M | $74.45M |
| # Analysts | - | - | - | - | - | - | - | - | - | 1 | - | - | 1 | - | - | - | - | - | - | - | - | - | - | - | 5 | 5 | 9 | 6 | 4 | 4 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.00% | 0.95% | 0.86% | 0.93% | 0.97% | 1.04% | 1.00% | 1.27% | 0.75% | 0.83% | 1.40% | 1.90% | 1.98% | 0.41% | 1.08% | 0.96% | 0.95% |
Reading's average Quarter revenue forecast for Dec 23 based on 1 analysts is $51.87M, with a low forecast of $48.37M, and a high forecast of $55.36M. RDI's average Quarter revenue forecast represents a -22.08% decrease compared to the company's last Quarter revenue of $66.56M (Sep 23).
Reading EBITDA Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | 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 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | - | - | - | - | - | - | - | - | - | 1 | - | - | 1 | - | - | - | - | - | - | - | - | - | - | - | 5 | 5 | 9 | 6 | 4 | 4 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | $-14.95M | $-12.24M | $-2.65M | $-4.44M | $4.25M | $9.61M | $-6.71M | $3.30M | $-2.00M | $37.32M | $37.04M | $-7.64M | $-11.39M | $-16.81M | $-1.61M | $7.75M | $9.39M |
| Avg Forecast | $-4.93M | $-4.83M | $-4.47M | $-4.05M | $-4.71M | $-4.60M | $-4.25M | $-3.85M | $-4.36M | $-4.15M | $-3.99M | $-5.00 | $-3.61M | $-4.64M | $-4.77M | $-6.00 | $-3.53M | $13.18M | $-4.30M | $-7.00 | $-2.73M | $-2.96M | $-3.02M | $-1.06M | $-550.77K | $-358.29K | $-15.18M | $-3.17M | $-4.96M | $-5.18M |
| High Forecast | $-4.93M | $-4.83M | $-4.47M | $-4.05M | $-4.71M | $-4.60M | $-4.25M | $-3.85M | $-4.36M | $-4.15M | $-3.99M | $-4.00 | $-3.37M | $-4.64M | $-4.77M | $-5.00 | $-3.53M | $15.81M | $-4.30M | $-6.00 | $-2.73M | $-2.96M | $-3.02M | $-1.06M | $-550.77K | $-358.29K | $-12.14M | $-3.17M | $-4.96M | $-5.18M |
| Low Forecast | $-4.93M | $-4.83M | $-4.47M | $-4.05M | $-4.71M | $-4.60M | $-4.25M | $-3.85M | $-4.36M | $-4.15M | $-3.99M | $-7.00 | $-3.85M | $-4.64M | $-4.77M | $-8.00 | $-3.53M | $10.54M | $-4.30M | $-9.00 | $-2.73M | $-2.96M | $-3.02M | $-1.06M | $-550.77K | $-358.29K | $-18.21M | $-3.17M | $-4.96M | $-5.18M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 3.22% | 2.57% | 441333.33% | 1.26% | 0.32% | -2.24% | 958000.00% | -1.21% | 0.68% | -12.37% | -34.97% | 13.87% | 31.78% | 1.11% | 0.51% | -1.56% | -1.81% |
0 analysts predict RDI's average Quarter EBITDA for Dec 22 to be $-3.53M, with a high of $-3.53M and a low of $-3.53M. This is -183.09% lower than Reading's previous annual EBITDA (Sep 22) of $4.25M.
Reading Net Income Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | 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 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | - | - | - | - | - | - | - | - | - | 1 | - | - | 1 | - | - | - | - | - | - | - | - | - | - | - | 5 | 5 | 9 | 6 | 4 | 4 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | - | $-4.40M | $-2.78M | $-11.32M | $-13.46M | $-5.30M | $-2.44M | $-15.45M | $353.00K | $-10.20M | $22.70M | $18.96M | $-17.66M | $-19.35M | $-22.89M | $-5.96M | $-27.61M | $902.00K |
| Avg Forecast | $2.00M | $630.16K | $-3.78M | $-4.56M | $400.69K | $-897.91K | $-5.22M | $-5.88M | $-3.32M | $-4.06M | $-4.10M | $-4.00 | $-8.80M | $-163.19K | $-602.72K | $-5.00 | $-7.73M | $1.27M | $-1.25M | $-6.00 | $-13.38M | $-8.02M | $-6.75M | $20.62M | $-18.25M | $-17.69M | $-20.49M | $-5.31M | $1.32M | $2.66M |
| High Forecast | $2.00M | $630.16K | $-3.78M | $-4.56M | $400.69K | $-897.91K | $-5.22M | $-5.88M | $-3.32M | $-4.06M | $-4.10M | $-3.00 | $-8.80M | $-163.19K | $-602.72K | $-4.00 | $-7.73M | $1.52M | $-1.25M | $-5.00 | $-13.38M | $-8.02M | $-6.75M | $24.75M | $-18.25M | $-17.69M | $-16.39M | $-5.31M | $1.32M | $2.66M |
| Low Forecast | $2.00M | $630.16K | $-3.78M | $-4.56M | $400.69K | $-897.91K | $-5.22M | $-5.88M | $-3.32M | $-4.06M | $-4.10M | $-6.00 | $-8.80M | $-163.19K | $-602.72K | $-7.00 | $-7.73M | $1.01M | $-1.25M | $-8.00 | $-13.38M | $-8.02M | $-6.75M | $16.50M | $-18.25M | $-17.69M | $-24.59M | $-5.31M | $1.32M | $2.66M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 26.96% | 4.61% | 2264800.00% | 1.74% | -4.19% | 1.95% | 2575500.00% | -0.03% | 1.27% | -3.36% | 0.92% | 0.97% | 1.09% | 1.12% | 1.12% | -20.85% | 0.34% |
Reading's average Quarter net income forecast for Mar 22 is $-6.00, with a range of $-8.00 to $-5.00. RDI's average Quarter net income forecast represents a -100.00% decrease compared to the company's last Quarter net income of $353.00K (Dec 21).
Reading SG&A Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | 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 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | - | - | - | - | - | - | - | - | - | 1 | - | - | 1 | - | - | - | - | - | - | - | - | - | - | - | 5 | 5 | 9 | 6 | 4 | 4 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | $5.41M | $5.11M | $5.18M | $4.05M | $5.26M | $6.31M | $5.80M | $5.89M | $5.27M | $8.83M | $5.10M | $1.72M | $4.23M | $5.10M | $5.95M | $6.97M | $5.91M |
| Avg Forecast | $9.73M | $9.54M | $8.82M | $7.99M | $9.30M | $9.07M | $8.39M | $7.59M | $8.60M | $8.19M | $7.87M | $6.04M | $7.12M | $9.17M | $9.41M | $3.67M | $6.97M | $8.29M | $8.48M | $2.00 | $5.38M | $5.83M | $5.96M | $5.54M | $1.09M | $707.02K | $4.61M | $6.26M | $9.79M | $10.22M |
| High Forecast | $9.73M | $9.54M | $8.82M | $7.99M | $9.30M | $9.07M | $8.39M | $7.59M | $8.60M | $8.19M | $7.87M | $6.04M | $7.60M | $9.17M | $9.41M | $7.34M | $6.97M | $9.94M | $8.48M | $3.00 | $5.38M | $5.83M | $5.96M | $6.65M | $1.09M | $707.02K | $5.53M | $6.26M | $9.79M | $10.22M |
| Low Forecast | $9.73M | $9.54M | $8.82M | $7.99M | $9.30M | $9.07M | $8.39M | $7.59M | $8.60M | $8.19M | $7.87M | $6.04M | $6.64M | $9.17M | $9.41M | $2.00 | $6.97M | $6.63M | $8.48M | $2.00 | $5.38M | $5.83M | $5.96M | $4.43M | $1.09M | $707.02K | $3.68M | $6.26M | $9.79M | $10.22M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.59% | 0.54% | 1.41% | 0.58% | 0.63% | 0.74% | 2898000.00% | 1.10% | 0.90% | 1.48% | 0.92% | 1.59% | 5.98% | 1.11% | 0.95% | 0.71% | 0.58% |
Reading's average Quarter SG&A projection for Dec 23 is $7.12M, based on 1 Wall Street analysts, with a range of $6.64M to $7.60M. The forecast indicates a 31.77% rise compared to RDI last annual SG&A of $5.41M (Sep 23).
Reading EPS Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | 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 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | - | - | - | - | - | - | - | - | - | 1 | - | - | 1 | - | - | - | - | - | - | - | - | - | - | - | 5 | 5 | 9 | 6 | 4 | 4 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | $-0.20 | $-0.12 | $-0.51 | $-0.61 | $-0.24 | $-0.11 | $-0.70 | $0.02 | $-0.47 | $1.04 | $0.87 | $-0.81 | $-0.89 | $-1.05 | $-0.27 | $-1.25 | $0.04 |
| Avg Forecast | $0.09 | $0.03 | $-0.17 | $-0.20 | $0.02 | $-0.04 | $-0.23 | $-0.26 | $-0.15 | $-0.18 | $-0.18 | $-0.52 | $-0.39 | $-0.01 | $-0.03 | $-0.29 | $-0.34 | $-0.29 | $-0.06 | $-0.44 | $-0.60 | $-0.36 | $-0.30 | $-0.80 | $-0.81 | $-0.79 | $-0.55 | $-0.24 | $0.06 | $0.12 |
| High Forecast | $0.09 | $0.03 | $-0.17 | $-0.20 | $0.02 | $-0.04 | $-0.23 | $-0.26 | $-0.15 | $-0.18 | $-0.18 | $-0.52 | $-0.39 | $-0.01 | $-0.03 | $-0.29 | $-0.34 | $-0.29 | $-0.06 | $-0.44 | $-0.60 | $-0.36 | $-0.30 | $-0.80 | $-0.81 | $-0.79 | $-0.55 | $-0.24 | $0.06 | $0.12 |
| Low Forecast | $0.09 | $0.03 | $-0.17 | $-0.20 | $0.02 | $-0.04 | $-0.23 | $-0.26 | $-0.15 | $-0.18 | $-0.18 | $-0.52 | $-0.39 | $-0.01 | $-0.03 | $-0.29 | $-0.34 | $-0.29 | $-0.06 | $-0.44 | $-0.60 | $-0.36 | $-0.30 | $-0.80 | $-0.81 | $-0.79 | $-0.55 | $-0.24 | $0.06 | $0.12 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 27.47% | 4.46% | 1.78% | 1.77% | 0.83% | 1.97% | 1.58% | -0.03% | 1.31% | -3.45% | -1.08% | 0.99% | 1.13% | 1.90% | 1.14% | -21.15% | 0.34% |
According to 0 Wall Street analysts, Reading's projected average Quarter EPS for Mar 22 is $-0.44, with a low estimate of $-0.44 and a high estimate of $-0.44. This represents a -2841.36% decrease compared to RDI previous annual EPS of $0.02 (Dec 21).
Reading Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| MCS | Marcus | $14.49 | $20.00 | 38.03% | Buy |
| RDI | Reading | $1.80 | $2.40 | 33.33% | Hold |
RDI Forecast FAQ
Is Reading a good buy?
No, according to 1 Wall Street analysts, Reading (RDI) is considered a 'Hold'. The rating consensus is based on 0 'Strong Buy' and 0 'Buy' recommendations, accounting for 0% of RDI's total ratings.
What is RDI's price target?
Reading (RDI) average price target is $2.4 with a range of $2.4 to $2.4, implying a 33.33% from its last price of $1.8. The data is based on 1 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will Reading stock go up soon?
According to Wall Street analysts' prediction for RDI stock, the company can go up by 33.33% (from the last price of $1.8 to the average price target of $2.4), up by 33.33% based on the highest stock price target, and up by 33.33% based on the lowest stock price target.
Can Reading stock reach $3?
RDI's average twelve months analyst stock price target of $2.4 does not support the claim that Reading can reach $3 in the near future.
What are Reading's analysts' financial forecasts?
Reading's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $250.2M (high $250.2M, low $250.2M), average EBITDA is $-17.41M (high $-17.41M, low $-17.41M), average net income is $-11.596M (high $-11.596M, low $-11.596M), average SG&A $34.36M (high $34.36M, low $34.36M), and average EPS is $-0.517 (high $-0.517, low $-0.517). RDI's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $262.78M (high $262.78M, low $262.78M), average EBITDA is $-18.285M (high $-18.285M, low $-18.285M), average net income is $-5.717M (high $-5.717M, low $-5.717M), average SG&A $36.08M (high $36.08M, low $36.08M), and average EPS is $-0.255 (high $-0.255, low $-0.255).
Did the RDI's actual financial results beat the analysts' financial forecasts?
Based on Reading's last annual report (Dec 2022), the company's revenue was $203.12M, which missed the average analysts forecast of $205.79M by -1.30%. Apple's EBITDA was $2.72M, missing the average prediction of $5.35M by -49.20%. The company's net income was $-36.66M, beating the average estimation of $-7.718M by 375.02%. Apple's SG&A was $21.42M, missing the average forecast of $23.74M by -9.78%. Lastly, the company's EPS was $-1.66, beating the average prediction of $-1.135 by 46.31%. In terms of the last quarterly report (Sep 2023), Reading's revenue was $66.56M, missing the average analysts' forecast of $66.75M by -0.28%. The company's EBITDA was $-14.948M, beating the average prediction of $-4.645M by 221.82%. Reading's net income was $-4.4M, beating the average estimation of $-163K by 2596.19%. The company's SG&A was $5.4M, missing the average forecast of $9.17M by -41.03%. Lastly, the company's EPS was $-0.2, beating the average prediction of $-0.00728 by 2646.88%