REV Group (REVG) Stock Forecast, Price Target & Predictions
REVG Stock Forecast
REV Group stock forecast is as follows: an average price target of $19.60 (represents a -29.09% downside from REVG’s last price of $27.64) and a rating consensus of 'Buy', based on 21 wall street analysts offering a 1-year stock forecast.
REVG Price Target
The average price target for REV Group (REVG) is $19.60 based on 1-year price targets from 21 Wall Street analysts in the past 3 months, with a price target range of $33.00 to $10.00. This represents a potential -29.09% downside from REVG's last price of $27.64.
REVG Analyst Ratings
According to 21 Wall Street analysts, REV Group's rating consensus is 'Buy'. The analyst rating breakdown for REVG stock is 0 'Strong Buy' (0.00%), 10 'Buy' (47.62%), 9 'Hold' (42.86%), 1 'Sell' (4.76%), and 1 'Strong Sell' (4.76%).
REV Group Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Jun 11, 2024 | Angel Castillo | Morgan Stanley | $29.50 | $27.28 | 8.14% | 6.73% |
| Jun 06, 2024 | Michael Shlisky | D.A. Davidson | $33.00 | $27.79 | 18.75% | 19.39% |
| Jan 13, 2023 | - | BMO Capital | $14.00 | $13.50 | 3.70% | -49.35% |
| Jun 29, 2022 | - | D.A. Davidson | $11.00 | $11.04 | -0.36% | -60.20% |
| Jun 10, 2022 | Jamie Cook | Credit Suisse | $10.00 | $10.45 | -4.31% | -63.82% |
| Jun 09, 2022 | - | BMO Capital | $13.00 | $11.21 | 15.97% | -52.97% |
| Jun 09, 2022 | - | Goldman Sachs | $11.50 | $11.59 | -0.78% | -58.39% |
The latest REV Group stock forecast, released on Jun 11, 2024 by Angel Castillo from Morgan Stanley, set a price target of $29.50, which represents a 8.14% increase from the stock price at the time of the forecast ($27.28), and a 6.73% increase from REVG last price ($27.64).
REV Group Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | - | 2 |
| Avg Price Target | - | - | $31.25 |
| Last Closing Price | $27.64 | $27.64 | $27.64 |
| Upside/Downside | -100.00% | -100.00% | 13.06% |
In the current month, the average price target of REV Group stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to REV Group's last price of $27.64. 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
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Jun 11, 2024 | Morgan Stanley | Overweight | Equal-Weight | Initialise |
| Dec 13, 2023 | BMO Capital | Market Perform | Market Perform | Hold |
| Dec 13, 2023 | Credit Suisse | Underperform | Underperform | Hold |
| Dec 13, 2023 | Goldman Sachs | Sell | Sell | Hold |
| Sep 27, 2023 | Janney Montgomery | - | Neutral | Initialise |
| Sep 27, 2023 | UBS | - | Neutral | Initialise |
| Sep 27, 2023 | Stephens | - | Overweight | Initialise |
| Sep 27, 2023 | JMP Securities | - | Market Outperform | Initialise |
| Sep 27, 2023 | B. Riley Securities | - | Buy | Initialise |
| Sep 27, 2023 | B. Riley | - | Buy | Initialise |
REV Group's last stock rating was published by Morgan Stanley on Jun 11, 2024. The company Initialise its REVG rating from "Overweight" to "Equal-Weight".
REV Group Financial Forecast
REV Group Revenue Forecast
| Oct 26 | Jul 26 | May 26 | Jan 26 | Oct 25 | Jul 25 | May 25 | Jan 25 | Oct 24 | Jul 24 | May 24 | Jan 24 | Oct 23 | Jul 23 | May 23 | Jan 23 | Oct 22 | Jul 22 | Apr 22 | Jan 22 | Oct 21 | Jul 21 | Apr 21 | Jan 21 | Oct 20 | Jul 20 | Apr 20 | Jan 20 | Oct 19 | Jul 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | $586.00M | $693.30M | $680.00M | - | $583.50M | $623.60M | $594.80M | $576.30M | $537.00M | $589.90M | $593.30M | $643.60M | $554.00M | $616.30M | $582.20M | $547.00M | $532.10M | $652.90M | $617.00M |
| Avg Forecast | $741.46M | $402.06M | $440.39M | $400.08M | $670.00M | $606.20M | $641.31M | $566.41M | $603.33M | $618.70M | $601.45M | $579.42M | $666.13M | $627.17M | $580.47M | $497.35M | $595.03M | $592.65M | $595.60M | $529.44M | $600.80M | $663.47M | $636.19M | $533.75M | $623.84M | $551.74M | $560.28M | $508.16M | $631.25M | $632.44M |
| High Forecast | $771.02M | $418.09M | $457.95M | $416.04M | $696.71M | $630.37M | $666.88M | $596.93M | $622.26M | $643.36M | $625.43M | $602.52M | $676.09M | $652.18M | $603.61M | $517.18M | $618.75M | $601.26M | $604.82M | $535.78M | $608.00M | $671.41M | $643.81M | $540.14M | $631.32M | $558.35M | $566.99M | $514.25M | $638.81M | $640.01M |
| Low Forecast | $719.75M | $390.29M | $427.50M | $388.37M | $650.39M | $588.46M | $622.53M | $546.68M | $590.33M | $600.59M | $583.84M | $562.46M | $656.16M | $608.81M | $563.48M | $482.79M | $577.61M | $577.23M | $588.51M | $524.19M | $594.85M | $656.89M | $629.89M | $528.46M | $617.66M | $546.27M | $554.72M | $503.12M | $624.99M | $626.17M |
| # Analysts | 2 | 2 | 2 | 2 | - | - | - | 3 | 3 | 1 | 1 | 1 | 2 | 1 | 1 | 1 | - | - | - | - | 1 | 1 | 1 | 8 | 8 | 10 | 14 | 8 | 7 | 9 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | 1.01% | 1.04% | 1.08% | - | 1.17% | 1.05% | 1.00% | 0.97% | 1.01% | 0.98% | 0.89% | 1.01% | 1.04% | 0.99% | 1.06% | 0.98% | 1.05% | 1.03% | 0.98% |
REV Group's average Quarter revenue forecast for May 24 based on 1 analysts is $601.45M, with a low forecast of $583.84M, and a high forecast of $625.43M. REVG's average Quarter revenue forecast represents a 2.64% increase compared to the company's last Quarter revenue of $586.00M (Jan 24).
REV Group EBITDA Forecast
| Oct 26 | Jul 26 | May 26 | Jan 26 | Oct 25 | Jul 25 | May 25 | Jan 25 | Oct 24 | Jul 24 | May 24 | Jan 24 | Oct 23 | Jul 23 | May 23 | Jan 23 | Oct 22 | Jul 22 | Apr 22 | Jan 22 | Oct 21 | Jul 21 | Apr 21 | Jan 21 | Oct 20 | Jul 20 | Apr 20 | Jan 20 | Oct 19 | Jul 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 2 | 2 | - | - | - | 3 | 3 | 1 | 1 | 1 | 2 | 1 | 1 | 1 | - | - | - | - | 1 | 1 | 1 | 8 | 8 | 10 | 14 | 8 | 7 | 9 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | $-6.50M | $45.70M | $25.70M | - | $-4.60M | $19.90M | $26.40M | $12.50M | $14.20M | $18.60M | $36.00M | $42.80M | $18.30M | $19.50M | $17.50M | $3.50M | $6.70M | $13.50M | $28.20M |
| Avg Forecast | $26.45M | $14.34M | $15.71M | $14.27M | $23.90M | $21.63M | $22.88M | $20.21M | $21.53M | $22.07M | $10.39M | $20.67M | $23.77M | $22.38M | $9.45M | $17.74M | $37.44M | $21.14M | $21.25M | $23.09M | $29.60M | $38.74M | $15.21M | $19.04M | $77.76M | $646.88K | $7.32M | $9.74M | $36.31M | $28.60M |
| High Forecast | $27.51M | $14.92M | $16.34M | $14.84M | $24.86M | $22.49M | $23.79M | $21.30M | $22.20M | $22.95M | $12.47M | $21.50M | $24.12M | $23.27M | $11.34M | $18.45M | $44.93M | $21.45M | $21.58M | $27.71M | $35.52M | $46.49M | $18.25M | $19.27M | $93.31M | $776.25K | $8.78M | $11.69M | $43.58M | $34.32M |
| Low Forecast | $25.68M | $13.92M | $15.25M | $13.86M | $23.20M | $21.00M | $22.21M | $19.50M | $21.06M | $21.43M | $8.32M | $20.07M | $23.41M | $21.72M | $7.56M | $17.22M | $29.96M | $20.59M | $21.00M | $18.47M | $23.68M | $31.00M | $12.16M | $18.85M | $62.21M | $517.50K | $5.86M | $7.79M | $29.05M | $22.88M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | -0.31% | 1.92% | 1.15% | - | -0.26% | 0.53% | 1.25% | 0.59% | 0.61% | 0.63% | 0.93% | 2.81% | 0.96% | 0.25% | 27.05% | 0.48% | 0.69% | 0.37% | 0.99% |
1 analysts predict REVG's average Quarter EBITDA for Jan 24 to be $20.67M, with a high of $21.50M and a low of $20.07M. This is -54.76% lower than REV Group's previous annual EBITDA (Oct 23) of $45.70M.
REV Group Net Income Forecast
| Oct 26 | Jul 26 | May 26 | Jan 26 | Oct 25 | Jul 25 | May 25 | Jan 25 | Oct 24 | Jul 24 | May 24 | Jan 24 | Oct 23 | Jul 23 | May 23 | Jan 23 | Oct 22 | Jul 22 | Apr 22 | Jan 22 | Oct 21 | Jul 21 | Apr 21 | Jan 21 | Oct 20 | Jul 20 | Apr 20 | Jan 20 | Oct 19 | Jul 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 2 | 2 | - | - | - | 3 | 3 | 1 | 1 | 1 | 2 | 1 | 1 | 1 | - | - | - | - | 1 | 1 | 1 | 8 | 8 | 10 | 14 | 8 | 7 | 9 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | $182.70M | $29.70M | $14.90M | - | $-13.50M | $8.70M | $9.50M | $-2.30M | $-700.00K | - | $23.70M | $20.60M | - | $-10.20M | $-3.60M | $-7.60M | $-9.40M | $-9.80M | $5.60M |
| Avg Forecast | $51.56M | $16.40M | $18.12M | $12.84M | $35.11M | $28.28M | $27.89M | $18.64M | $25.55M | $22.03M | $-693.00K | $7.82M | $17.73M | $12.86M | $-630.00K | $-691.54K | $23.98M | $11.95M | $13.81M | $6.56M | $18.96M | $19.28M | $11.96M | $3.59M | $-25.92M | $-9.83M | $-11.28M | $-13.08M | $7.56M | $5.82M |
| High Forecast | $54.23M | $17.26M | $19.06M | $13.51M | $36.92M | $29.75M | $29.34M | $20.55M | $27.59M | $23.17M | $-554.40K | $8.23M | $19.81M | $13.53M | $-504.00K | $-665.22K | $28.78M | $12.17M | $14.09M | $6.66M | $22.75M | $23.13M | $12.14M | $3.65M | $-20.74M | $-7.87M | $-9.02M | $-10.47M | $9.07M | $6.99M |
| Low Forecast | $49.60M | $15.78M | $17.43M | $12.35M | $33.77M | $27.21M | $26.83M | $17.68M | $23.50M | $21.19M | $-831.60K | $7.52M | $15.12M | $12.37M | $-756.00K | $-727.38K | $19.19M | $11.54M | $13.60M | $6.47M | $15.17M | $15.42M | $11.80M | $3.55M | $-31.10M | $-11.80M | $-13.54M | $-15.70M | $6.05M | $4.66M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | 23.36% | 1.68% | 1.16% | - | 19.52% | 0.36% | 0.80% | -0.17% | -0.11% | - | 1.23% | 1.72% | - | 0.39% | 0.37% | 0.67% | 0.72% | -1.30% | 0.96% |
REV Group's average Quarter net income forecast for May 24 is $-693.00K, with a range of $-831.60K to $-554.40K. REVG's average Quarter net income forecast represents a -100.38% decrease compared to the company's last Quarter net income of $182.70M (Jan 24).
REV Group SG&A Forecast
| Oct 26 | Jul 26 | May 26 | Jan 26 | Oct 25 | Jul 25 | May 25 | Jan 25 | Oct 24 | Jul 24 | May 24 | Jan 24 | Oct 23 | Jul 23 | May 23 | Jan 23 | Oct 22 | Jul 22 | Apr 22 | Jan 22 | Oct 21 | Jul 21 | Apr 21 | Jan 21 | Oct 20 | Jul 20 | Apr 20 | Jan 20 | Oct 19 | Jul 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 2 | 2 | - | - | - | 3 | 3 | 1 | 1 | 1 | 2 | 1 | 1 | 1 | - | - | - | - | 1 | 1 | 1 | 8 | 8 | 10 | 14 | 8 | 7 | 9 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | $55.40M | $49.80M | $52.60M | - | $66.90M | $45.70M | $46.10M | $50.50M | $47.60M | $48.00M | $45.20M | $48.70M | $47.10M | $47.30M | $53.50M | $54.90M | $46.30M | $54.00M | $48.90M |
| Avg Forecast | $62.08M | $33.67M | $36.88M | $33.50M | $56.10M | $50.76M | $53.70M | $47.43M | $50.52M | $51.81M | $47.12M | $48.52M | $55.78M | $52.51M | $42.84M | $41.64M | $45.74M | $49.62M | $49.87M | $51.31M | $36.16M | $45.58M | $37.11M | $44.69M | $406.80M | $75.43M | $60.36M | $84.32M | $71.42M | $55.33M |
| High Forecast | $64.56M | $35.01M | $38.35M | $34.84M | $58.34M | $52.78M | $55.84M | $49.98M | $52.10M | $53.87M | $56.55M | $50.45M | $56.61M | $54.61M | $51.41M | $43.30M | $54.89M | $50.35M | $50.64M | $61.57M | $43.39M | $54.69M | $44.53M | $45.23M | $488.16M | $90.51M | $72.43M | $101.19M | $85.70M | $66.39M |
| Low Forecast | $60.27M | $32.68M | $35.80M | $32.52M | $54.46M | $49.27M | $52.13M | $45.78M | $49.43M | $50.29M | $37.70M | $47.10M | $54.94M | $50.98M | $34.27M | $40.43M | $36.59M | $48.33M | $49.28M | $41.05M | $28.93M | $36.46M | $29.69M | $44.25M | $325.44M | $60.34M | $48.29M | $67.46M | $57.13M | $44.26M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | 1.14% | 0.89% | 1.00% | - | 1.61% | 1.00% | 0.93% | 1.01% | 0.93% | 1.33% | 0.99% | 1.31% | 1.05% | 0.12% | 0.71% | 0.91% | 0.55% | 0.76% | 0.88% |
REV Group's average Quarter SG&A projection for May 24 is $47.12M, based on 1 Wall Street analysts, with a range of $37.70M to $56.55M. The forecast indicates a -14.94% fall compared to REVG last annual SG&A of $55.40M (Jan 24).
REV Group EPS Forecast
| Oct 26 | Jul 26 | May 26 | Jan 26 | Oct 25 | Jul 25 | May 25 | Jan 25 | Oct 24 | Jul 24 | May 24 | Jan 24 | Oct 23 | Jul 23 | May 23 | Jan 23 | Oct 22 | Jul 22 | Apr 22 | Jan 22 | Oct 21 | Jul 21 | Apr 21 | Jan 21 | Oct 20 | Jul 20 | Apr 20 | Jan 20 | Oct 19 | Jul 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 2 | 2 | - | - | - | 3 | 3 | 1 | 1 | 1 | 2 | 1 | 1 | 1 | - | - | - | - | 1 | 1 | 1 | 8 | 8 | 10 | 14 | 8 | 7 | 9 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | $3.09 | $0.51 | $0.25 | - | $-0.23 | $0.15 | $0.16 | $-0.04 | $-0.01 | - | $0.37 | $0.32 | - | $-0.16 | $-0.06 | $-0.12 | $-0.15 | $-0.16 | $0.09 |
| Avg Forecast | $0.99 | $0.31 | $0.35 | $0.25 | $0.67 | $0.54 | $0.54 | $0.36 | $0.49 | $0.42 | $0.26 | $0.15 | $0.34 | $0.25 | $0.20 | $-0.01 | $0.25 | $0.22 | $0.23 | $0.11 | $0.30 | $0.34 | $0.20 | $0.06 | $0.14 | $0.01 | $-0.11 | $-0.03 | $0.13 | $0.43 |
| High Forecast | $1.04 | $0.33 | $0.37 | $0.26 | $0.71 | $0.57 | $0.56 | $0.39 | $0.53 | $0.44 | $0.28 | $0.16 | $0.38 | $0.26 | $0.21 | $-0.01 | $0.26 | $0.23 | $0.24 | $0.11 | $0.30 | $0.34 | $0.20 | $0.06 | $0.14 | $0.01 | $-0.11 | $-0.03 | $0.13 | $0.43 |
| Low Forecast | $0.95 | $0.30 | $0.33 | $0.24 | $0.65 | $0.52 | $0.51 | $0.34 | $0.45 | $0.41 | $0.25 | $0.14 | $0.29 | $0.24 | $0.19 | $-0.01 | $0.24 | $0.22 | $0.23 | $0.11 | $0.29 | $0.33 | $0.20 | $0.06 | $0.14 | $0.01 | $-0.11 | $-0.03 | $0.13 | $0.42 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | 20.60% | 1.50% | 1.01% | - | 17.34% | 0.61% | 0.72% | -0.16% | -0.10% | - | 1.10% | 1.60% | - | -1.16% | -10.00% | 1.08% | 4.59% | -1.22% | 0.21% |
According to 1 Wall Street analysts, REV Group's projected average Quarter EPS for May 24 is $0.26, with a low estimate of $0.25 and a high estimate of $0.28. This represents a -91.48% decrease compared to REVG previous annual EPS of $3.09 (Jan 24).
REVG Forecast FAQ
Is REV Group a good buy?
Yes, according to 21 Wall Street analysts, REV Group (REVG) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 10 'Buy' recommendations, accounting for 47.62% of REVG's total ratings.
What is REVG's price target?
REV Group (REVG) average price target is $19.6 with a range of $10 to $33, implying a -29.09% from its last price of $27.64. The data is based on 21 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will REV Group stock go up soon?
According to Wall Street analysts' prediction for REVG stock, the company can go down by -29.09% (from the last price of $27.64 to the average price target of $19.6), up by 19.39% based on the highest stock price target, and down by -63.82% based on the lowest stock price target.
Can REV Group stock reach $40?
REVG's average twelve months analyst stock price target of $19.6 does not support the claim that REV Group can reach $40 in the near future.
What are REV Group's analysts' financial forecasts?
REV Group's analysts financial forecasts for the fiscal year (Oct 2025) are as follows: average revenue is $2.48B (high $2.59B, low $2.41B), average EBITDA is $88.62M (high $92.44M, low $85.92M), average net income is $109.92M (high $116.56M, low $105.49M), average SG&A $207.99M (high $216.94M, low $201.63M), and average EPS is $2.11 (high $2.24, low $2.02). REVG's analysts financial forecasts for the fiscal year (Oct 2026) are as follows: average revenue is $1.98B (high $2.06B, low $1.93B), average EBITDA is $70.79M (high $73.61M, low $68.71M), average net income is $98.93M (high $104.06M, low $95.16M), average SG&A $166.12M (high $172.75M, low $161.26M), and average EPS is $1.9 (high $2, low $1.83).
Did the REVG's actual financial results beat the analysts' financial forecasts?
Based on REV Group's last annual report (Oct 2022), the company's revenue was $2.33B, beating the average analysts forecast of $2.31B by 0.82%. Apple's EBITDA was $78.5M, missing the average prediction of $102.93M by -23.73%. The company's net income was $15.2M, missing the average estimation of $56.3M by -73.00%. Apple's SG&A was $190M, missing the average forecast of $196.55M by -3.33%. Lastly, the company's EPS was $0.25, missing the average prediction of $0.809 by -69.09%. In terms of the last quarterly report (Jan 2024), REV Group's revenue was $586M, beating the average analysts' forecast of $579.42M by 1.14%. The company's EBITDA was $-6.5M, missing the average prediction of $20.67M by -131.44%. REV Group's net income was $182.7M, beating the average estimation of $7.82M by 2236.18%. The company's SG&A was $55.4M, beating the average forecast of $48.52M by 14.19%. Lastly, the company's EPS was $3.09, beating the average prediction of $0.15 by 1960.00%