RadNet (RDNT) Stock Forecast, Price Target & Predictions
RDNT Stock Forecast
RadNet stock forecast is as follows: an average price target of $59.67 (represents a -4.39% downside from RDNT’s last price of $62.41) and a rating consensus of 'Buy', based on 11 wall street analysts offering a 1-year stock forecast.
RDNT Price Target
The average price target for RadNet (RDNT) is $59.67 based on 1-year price targets from 11 Wall Street analysts in the past 3 months, with a price target range of $79.00 to $37.00. This represents a potential -4.39% downside from RDNT's last price of $62.41.
RDNT Analyst Ratings
According to 11 Wall Street analysts, RadNet's rating consensus is 'Buy'. The analyst rating breakdown for RDNT stock is 0 'Strong Buy' (0.00%), 10 'Buy' (90.91%), 0 'Hold' (0.00%), 1 'Sell' (9.09%), and 0 'Strong Sell' (0.00%).
RadNet Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Sep 06, 2024 | Andrew Mok | Barclays | $79.00 | $63.19 | 25.02% | 26.58% |
| Aug 08, 2024 | Andrew Mok | Barclays | $57.00 | $56.89 | 0.19% | -8.67% |
| May 15, 2024 | David MacDonald | Truist Financial | $63.00 | $56.73 | 11.05% | 0.95% |
| Mar 28, 2024 | David MacDonald | Truist Financial | $55.00 | $48.49 | 13.43% | -11.87% |
| Jun 26, 2023 | Quinn Bolton | Needham | $37.00 | $33.02 | 12.05% | -40.71% |
The latest RadNet stock forecast, released on Sep 06, 2024 by Andrew Mok from Barclays, set a price target of $79.00, which represents a 25.02% increase from the stock price at the time of the forecast ($63.19), and a 26.58% increase from RDNT last price ($62.41).
RadNet Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | 2 | 2 | 4 |
| Avg Price Target | $68.00 | $68.00 | $63.50 |
| Last Closing Price | $62.41 | $62.41 | $62.41 |
| Upside/Downside | 8.96% | 8.96% | 1.75% |
In the current month, the average price target of RadNet stock is $68.00, according to 2 Wall Street analysts offering twelve months forecast. The average price target represents a 8.96% increase as opposed to RadNet's last price of $62.41. This month's average price target is down 0.00% compared to last quarter, and up 7.09% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Sep 06, 2024 | Barclays | Equal-Weight | Overweight | Upgrade |
| Aug 08, 2024 | Barclays | Equal-Weight | Equal-Weight | Hold |
| Jul 11, 2024 | Jefferies | Buy | Buy | Hold |
| Jul 10, 2024 | Barclays | Equal-Weight | Equal-Weight | Hold |
| May 10, 2024 | Raymond James | Outperform | Outperform | Hold |
| Jun 26, 2023 | Raymond James | Outperform | Outperform | Hold |
| Mar 31, 2023 | B. Riley | - | Buy | Initialise |
| Mar 31, 2023 | Stephens | - | Overweight | Initialise |
| Mar 31, 2023 | CJS Securities | - | Outperform | Initialise |
| Mar 31, 2023 | B. Riley Securities | - | Buy | Initialise |
RadNet's last stock rating was published by Barclays on Sep 06, 2024. The company Upgrade its RDNT rating from "Equal-Weight" to "Overweight".
RadNet Financial Forecast
RadNet 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 | - | - | - | - | - | - | - | - | - | - | - | - | $420.38M | $100.00K | $403.71M | $390.56M | $383.88M | $350.04M | $354.38M | $341.77M | $333.15M | $332.69M | $333.92M | $315.32M | $307.94M | $291.78M | $190.57M | $281.56M | $300.84M | $292.69M |
| Avg Forecast | $520.94M | $493.81M | $527.13M | $495.04M | $495.86M | $465.16M | $483.88M | $461.69M | $459.69M | $432.81M | $438.53M | $421.72M | $410.11M | $391.63M | $389.29M | $371.34M | $347.27M | $348.92M | $348.94M | $333.46M | $344.63M | $341.26M | $325.09M | $294.92M | $300.62M | $259.89M | $190.57M | $242.10M | $294.16M | $283.39M |
| High Forecast | $524.26M | $496.97M | $530.49M | $498.20M | $499.03M | $468.13M | $486.97M | $464.64M | $462.63M | $436.33M | $441.33M | $424.41M | $412.12M | $394.13M | $391.77M | $373.71M | $349.49M | $351.14M | $351.05M | $335.48M | $346.72M | $343.32M | $327.06M | $296.71M | $302.44M | $261.47M | $191.72M | $243.56M | $295.94M | $285.10M |
| Low Forecast | $515.11M | $488.29M | $521.23M | $489.50M | $490.31M | $459.95M | $478.47M | $456.53M | $454.55M | $429.40M | $433.62M | $417.00M | $408.60M | $387.24M | $384.93M | $367.18M | $343.38M | $345.01M | $346.46M | $331.09M | $342.18M | $338.83M | $322.78M | $292.82M | $298.48M | $258.04M | $189.21M | $240.37M | $292.07M | $281.37M |
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 1 | 2 | 4 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 13 | 13 | 7 | 7 | 9 | 8 | 6 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.03% | 0.00% | 1.04% | 1.05% | 1.11% | 1.00% | 1.02% | 1.02% | 0.97% | 0.97% | 1.03% | 1.07% | 1.02% | 1.12% | 1.00% | 1.16% | 1.02% | 1.03% |
RadNet's average Quarter revenue forecast for Mar 24 based on 2 analysts is $421.72M, with a low forecast of $417.00M, and a high forecast of $424.41M. RDNT's average Quarter revenue forecast represents a 0.32% increase compared to the company's last Quarter revenue of $420.38M (Dec 23).
RadNet 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 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 1 | 2 | 4 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 13 | 13 | 7 | 7 | 9 | 8 | 6 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | $1.29B | $96.80K | $75.85M | $54.39M | $56.06M | $55.30M | $68.61M | $45.88M | $53.51M | $77.19M | $60.90M | $67.18M | $63.73M | $58.96M | $33.95M | $30.01M | $61.83M | $54.41M |
| Avg Forecast | $97.79M | $92.70M | $98.95M | $92.93M | $93.08M | $87.32M | $90.84M | $86.67M | $86.29M | $81.25M | $82.32M | $79.17M | $76.99M | $73.52M | $73.08M | $69.71M | $65.19M | $70.75M | $244.05M | $62.60M | $64.70M | $64.06M | $61.03M | $201.54M | $56.43M | $48.79M | $35.77M | $19.30M | $55.22M | $53.20M |
| High Forecast | $98.42M | $93.29M | $99.59M | $93.52M | $93.68M | $87.88M | $91.42M | $87.22M | $86.85M | $81.91M | $82.85M | $79.67M | $77.36M | $73.99M | $73.54M | $70.15M | $65.61M | $84.91M | $292.86M | $62.98M | $65.09M | $64.45M | $61.40M | $241.84M | $56.77M | $49.08M | $35.99M | $23.16M | $55.55M | $53.52M |
| Low Forecast | $96.70M | $91.66M | $97.85M | $91.89M | $92.04M | $86.34M | $89.82M | $85.70M | $85.33M | $80.61M | $81.40M | $78.28M | $76.70M | $72.69M | $72.26M | $68.93M | $64.46M | $56.60M | $195.24M | $62.15M | $64.24M | $63.61M | $60.59M | $161.23M | $56.03M | $48.44M | $35.52M | $15.44M | $54.83M | $52.82M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 16.72% | 0.00% | 1.04% | 0.78% | 0.86% | 0.78% | 0.28% | 0.73% | 0.83% | 1.20% | 1.00% | 0.33% | 1.13% | 1.21% | 0.95% | 1.55% | 1.12% | 1.02% |
2 analysts predict RDNT's average Quarter EBITDA for Mar 24 to be $79.17M, with a high of $79.67M and a low of $78.28M. This is -93.85% lower than RadNet's previous annual EBITDA (Dec 23) of $1.29B.
RadNet 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 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 1 | 2 | 4 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 13 | 13 | 7 | 7 | 9 | 8 | 6 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | $35.66M | $9.60K | $8.37M | $-14.28M | $4.97M | $6.45M | $13.83M | $8.36M | $1.31M | $16.22M | $2.87M | $9.46M | $5.96M | $6.16M | $-10.59M | $-16.36M | $10.40M | $3.19M |
| Avg Forecast | $20.56M | $15.42M | $15.42M | $1.47M | $19.58M | $14.93M | $13.46M | $978.90K | $15.27M | $11.01M | $12.43M | $3.38M | $10.28M | $5.14M | $5.32M | $-6.97M | $8.57M | $14.87M | $5.87M | $-1.84M | $13.77M | $13.03M | $10.52M | $28.37M | $10.77M | $-5.63M | $-32.30M | $-10.52M | $10.77M | $8.81M |
| High Forecast | $20.73M | $15.55M | $15.55M | $1.48M | $19.74M | $15.05M | $13.57M | $987.02K | $15.40M | $13.08M | $12.53M | $3.41M | $15.88M | $5.18M | $5.37M | $-6.87M | $8.64M | $17.84M | $7.05M | $-1.82M | $13.87M | $13.13M | $10.61M | $34.05M | $10.85M | $-5.58M | $-32.01M | $-8.42M | $10.85M | $8.88M |
| Low Forecast | $20.26M | $15.19M | $15.19M | $1.45M | $19.29M | $14.71M | $13.26M | $964.65K | $15.05M | $7.57M | $12.25M | $3.33M | $1.87M | $5.06M | $5.25M | $-7.03M | $8.44M | $11.89M | $4.70M | $-1.85M | $13.64M | $12.91M | $10.43M | $22.70M | $10.67M | $-5.67M | $-32.56M | $-12.63M | $10.67M | $8.73M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 3.47% | 0.00% | 1.57% | 2.05% | 0.58% | 0.43% | 2.35% | -4.56% | 0.10% | 1.24% | 0.27% | 0.33% | 0.55% | -1.09% | 0.33% | 1.55% | 0.97% | 0.36% |
RadNet's average Quarter net income forecast for Mar 24 is $3.38M, with a range of $3.33M to $3.41M. RDNT's average Quarter net income forecast represents a -90.53% decrease compared to the company's last Quarter net income of $35.66M (Dec 23).
RadNet 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 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 1 | 2 | 4 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 13 | 13 | 7 | 7 | 9 | 8 | 6 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | $59.83M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Avg Forecast | $18.13M | $17.19M | $18.35M | $17.23M | $17.26M | $16.19M | $16.84M | $16.07M | $16.00M | $15.06M | $15.26M | $14.68M | $14.27M | $13.63M | $13.55M | $12.92M | $12.09M | $12.14M | $12.15M | $11.61M | $12.00M | $11.88M | $11.32M | $10.27M | $10.46M | $9.05M | $6.63M | $8.43M | $10.24M | $9.86M |
| High Forecast | $18.25M | $17.30M | $18.46M | $17.34M | $17.37M | $16.29M | $16.95M | $16.17M | $16.10M | $15.19M | $15.36M | $14.77M | $14.34M | $13.72M | $13.64M | $13.01M | $12.16M | $12.22M | $12.22M | $11.68M | $12.07M | $11.95M | $11.38M | $10.33M | $10.53M | $9.10M | $6.67M | $8.48M | $10.30M | $9.92M |
| Low Forecast | $17.93M | $17.00M | $18.14M | $17.04M | $17.07M | $16.01M | $16.65M | $15.89M | $15.82M | $14.95M | $15.09M | $14.51M | $14.22M | $13.48M | $13.40M | $12.78M | $11.95M | $12.01M | $12.06M | $11.52M | $11.91M | $11.79M | $11.23M | $10.19M | $10.39M | $8.98M | $6.59M | $8.37M | $10.17M | $9.79M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 4.19% | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
RadNet's average Quarter SG&A projection for Mar 24 is $14.68M, based on 2 Wall Street analysts, with a range of $14.51M to $14.77M. The forecast indicates a -75.47% fall compared to RDNT last annual SG&A of $59.83M (Dec 23).
RadNet 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 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 1 | 2 | 4 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 13 | 13 | 7 | 7 | 9 | 8 | 6 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $0.14 | $-0.25 | $0.09 | $0.11 | $0.25 | $0.15 | $0.02 | $0.31 | $0.05 | $0.18 | $0.12 | $0.12 | $-0.21 | $-0.33 | $0.21 | $0.06 |
| Avg Forecast | $0.28 | $0.21 | $0.21 | $0.02 | $0.27 | $0.20 | $0.18 | $0.01 | $0.21 | $0.15 | $0.17 | $0.05 | $0.14 | $0.07 | $0.07 | $-0.10 | $0.12 | $0.13 | $0.07 | $-0.03 | $0.19 | $0.18 | $0.14 | $-0.04 | $0.15 | $-0.08 | $-0.44 | $-0.29 | $0.15 | $0.12 |
| High Forecast | $0.28 | $0.21 | $0.21 | $0.02 | $0.27 | $0.21 | $0.18 | $0.01 | $0.21 | $0.18 | $0.17 | $0.05 | $0.22 | $0.07 | $0.07 | $-0.09 | $0.12 | $0.13 | $0.07 | $-0.02 | $0.19 | $0.18 | $0.14 | $-0.04 | $0.15 | $-0.08 | $-0.44 | $-0.29 | $0.15 | $0.12 |
| Low Forecast | $0.28 | $0.21 | $0.21 | $0.02 | $0.26 | $0.20 | $0.18 | $0.01 | $0.20 | $0.10 | $0.17 | $0.05 | $0.03 | $0.07 | $0.07 | $-0.10 | $0.11 | $0.13 | $0.07 | $-0.03 | $0.19 | $0.18 | $0.14 | $-0.04 | $0.15 | $-0.08 | $-0.44 | $-0.29 | $0.15 | $0.12 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.00% | - | 1.93% | 2.63% | 0.75% | 0.85% | 3.57% | -6.00% | 0.13% | 1.75% | 0.35% | -4.91% | 0.82% | -1.57% | 0.48% | 1.14% | 1.43% | 0.50% |
According to 2 Wall Street analysts, RadNet's projected average Quarter EPS for Mar 24 is $0.05, with a low estimate of $0.05 and a high estimate of $0.05. This represents a 7566.67% increase compared to RDNT previous annual EPS of - (Dec 23).
RadNet Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| LMDX | LumiraDx | $0.02 | $1.50 | 7400.00% | Buy |
| ACRS | Aclaris Therapeutics | $1.17 | $25.00 | 2036.75% | Buy |
| GTH | Genetron | $4.03 | $10.00 | 148.14% | - |
| XGN | Exagen | $3.14 | $6.00 | 91.08% | Buy |
| BDSX | Biodesix | $1.85 | $3.00 | 62.16% | Buy |
| QGEN | Qiagen | $44.48 | $52.37 | 17.74% | Buy |
| NEOG | Neogen | $15.42 | $17.50 | 13.49% | Buy |
| SHC | Sotera Health Company | $15.65 | $16.93 | 8.18% | Buy |
| MYGN | Myriad Genetics | $26.97 | $27.67 | 2.60% | Hold |
| RDNT | RadNet | $62.41 | $59.67 | -4.39% | Buy |
| OLK | Olink AB (publ) | $26.08 | $21.50 | -17.56% | Hold |
RDNT Forecast FAQ
Is RadNet a good buy?
Yes, according to 11 Wall Street analysts, RadNet (RDNT) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 10 'Buy' recommendations, accounting for 90.91% of RDNT's total ratings.
What is RDNT's price target?
RadNet (RDNT) average price target is $59.67 with a range of $37 to $79, implying a -4.39% from its last price of $62.41. The data is based on 11 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will RadNet stock go up soon?
According to Wall Street analysts' prediction for RDNT stock, the company can go down by -4.39% (from the last price of $62.41 to the average price target of $59.67), up by 26.58% based on the highest stock price target, and down by -40.71% based on the lowest stock price target.
Can RadNet stock reach $90?
RDNT's average twelve months analyst stock price target of $59.67 does not support the claim that RadNet can reach $90 in the near future.
What is RadNet's current price target trend?
2 Wall Street analysts forecast a $68 price target for RadNet (RDNT) this month, up 8.96% from its last price of $62.41. Compared to the last 3 and 12 months, the average price target increased by 8.96% and increased by 1.75%, respectively.
What are RadNet's analysts' financial forecasts?
RadNet's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $1.91B (high $1.92B, low $1.89B), average EBITDA is $357.91M (high $360.2M, low $353.9M), average net income is $48.95M (high $49.35M, low $48.23M), average SG&A $66.36M (high $66.79M, low $65.62M), and average EPS is $0.667 (high $0.672, low $0.657). RDNT's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $2.04B (high $2.05B, low $2.01B), average EBITDA is $382.37M (high $384.82M, low $378.09M), average net income is $52.86M (high $53.3M, low $52.09M), average SG&A $70.9M (high $71.35M, low $70.1M), and average EPS is $0.72 (high $0.726, low $0.71).
Did the RDNT's actual financial results beat the analysts' financial forecasts?
Based on RadNet's last annual report (Dec 2023), the company's revenue was $1.62B, beating the average analysts forecast of $1.56B by 3.47%. Apple's EBITDA was $1.5B, beating the average prediction of $293.29M by 410.94%. The company's net income was $47.28M, beating the average estimation of $13.77M by 243.47%. Apple's SG&A was $0, missing the average forecast of $54.38M by -100.00%. Lastly, the company's EPS was $0.0007, missing the average prediction of $0.188 by -99.63%. In terms of the last quarterly report (Dec 2023), RadNet's revenue was $420.38M, beating the average analysts' forecast of $410.11M by 2.50%. The company's EBITDA was $1.29B, beating the average prediction of $76.99M by 1572.13%. RadNet's net income was $35.66M, beating the average estimation of $10.28M by 246.90%. The company's SG&A was $59.83M, beating the average forecast of $14.27M by 319.13%. Lastly, the company's EPS was $0.0006, missing the average prediction of $0.14 by -99.57%