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 -32.90% downside from REVG’s last price of $29.21) 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 -32.90% downside from REVG's last price of $29.21.
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% | 0.99% |
| Jun 06, 2024 | Michael Shlisky | D.A. Davidson | $33.00 | $27.79 | 18.75% | 12.98% |
| Jan 13, 2023 | - | BMO Capital | $14.00 | $13.50 | 3.70% | -52.07% |
| Jun 29, 2022 | - | D.A. Davidson | $11.00 | $11.04 | -0.36% | -62.34% |
| Jun 10, 2022 | Jamie Cook | Credit Suisse | $10.00 | $10.45 | -4.31% | -65.77% |
| Jun 09, 2022 | - | BMO Capital | $13.00 | $11.21 | 15.97% | -55.49% |
| Jun 09, 2022 | - | Goldman Sachs | $11.50 | $11.59 | -0.78% | -60.63% |
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 0.99% increase from REVG last price ($29.21).
REV Group Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | - | 2 |
| Avg Price Target | - | - | $31.25 |
| Last Closing Price | $29.21 | $29.21 | $29.21 |
| Upside/Downside | -100.00% | -100.00% | 6.98% |
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 $29.21. 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 | May 22 | Jan 22 | Oct 21 | Jul 21 | May 21 | Jan 21 | Oct 20 | Jul 20 | May 20 | Jan 20 | Oct 19 | Jul 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | $586.00M | $693.30M | $680.00M | - | $583.50M | $623.60M | $594.80M | - | $537.00M | $589.90M | $593.30M | - | $554.00M | $616.30M | $582.20M | - | $532.10M | $652.90M | $617.00M |
| Avg Forecast | $768.00M | $652.70M | $695.90M | $626.30M | $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 | $810.44M | $688.77M | $734.36M | $660.91M | $707.03M | $639.70M | $676.75M | $596.93M | $622.26M | $618.70M | $601.45M | $579.42M | $676.09M | $661.83M | $612.55M | $524.83M | $620.49M | $618.01M | $621.09M | $552.09M | $626.51M | $691.85M | $663.41M | $556.59M | $650.54M | $575.34M | $584.25M | $529.90M | $658.26M | $659.50M |
| Low Forecast | $739.19M | $628.21M | $669.79M | $602.80M | $644.86M | $583.46M | $617.25M | $546.68M | $590.33M | $618.70M | $601.45M | $579.42M | $656.16M | $603.64M | $558.69M | $478.69M | $576.03M | $573.73M | $576.59M | $512.54M | $581.62M | $642.29M | $615.88M | $516.71M | $603.93M | $534.12M | $542.39M | $491.94M | $611.10M | $612.25M |
| # Analysts | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 3 | 3 | 1 | 1 | 1 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 7 | 7 | 7 | 7 | 9 | 9 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | 1.01% | 1.04% | 1.08% | - | 1.17% | 1.05% | 1.00% | - | 1.01% | 0.98% | 0.89% | - | 1.04% | 0.99% | 1.06% | - | 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 $601.45M, and a high forecast of $601.45M. 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 | May 22 | Jan 22 | Oct 21 | Jul 21 | May 21 | Jan 21 | Oct 20 | Jul 20 | May 20 | Jan 20 | Oct 19 | Jul 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 3 | 3 | 1 | 1 | 1 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 7 | 7 | 7 | 7 | 9 | 9 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | $-6.50M | $45.70M | $25.70M | - | $-4.60M | $19.90M | $26.40M | - | $14.20M | $18.60M | $36.00M | - | $18.30M | $19.50M | $17.50M | - | $6.70M | $13.50M | $28.20M |
| Avg Forecast | $21.94M | $18.65M | $19.88M | $17.89M | $19.14M | $17.32M | $18.32M | $16.18M | $17.24M | $17.68M | $10.39M | $16.55M | $19.03M | $17.92M | $9.45M | $25.40M | $21.23M | $21.14M | $8.59M | $18.89M | $21.44M | $23.67M | $15.21M | $19.04M | $22.26M | $19.68M | $7.32M | $18.13M | $22.52M | $22.56M |
| High Forecast | $23.15M | $19.68M | $20.98M | $18.88M | $20.20M | $18.28M | $19.33M | $17.05M | $17.78M | $17.68M | $12.47M | $16.55M | $19.32M | $18.91M | $11.34M | $30.48M | $22.14M | $22.05M | $10.31M | $19.70M | $22.35M | $24.68M | $18.25M | $19.86M | $23.21M | $20.53M | $8.78M | $18.91M | $23.49M | $23.53M |
| Low Forecast | $21.12M | $17.95M | $19.14M | $17.22M | $18.42M | $16.67M | $17.63M | $15.62M | $16.87M | $17.68M | $8.32M | $16.55M | $18.75M | $17.25M | $7.56M | $20.32M | $20.55M | $20.47M | $6.87M | $18.29M | $20.75M | $22.92M | $12.16M | $18.44M | $21.55M | $19.06M | $5.86M | $17.55M | $21.80M | $21.84M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | -0.39% | 2.40% | 1.43% | - | -0.18% | 0.94% | 1.25% | - | 0.75% | 0.87% | 1.52% | - | 0.96% | 0.88% | 0.89% | - | 0.37% | 0.60% | 1.25% |
1 analysts predict REVG's average Quarter EBITDA for Jan 24 to be $16.55M, with a high of $16.55M and a low of $16.55M. This is -63.78% 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 | May 22 | Jan 22 | Oct 21 | Jul 21 | May 21 | Jan 21 | Oct 20 | Jul 20 | May 20 | Jan 20 | Oct 19 | Jul 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 3 | 3 | 1 | 1 | 1 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 7 | 7 | 7 | 7 | 9 | 9 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | $182.70M | $29.70M | $14.90M | - | $-13.50M | $8.70M | $9.50M | - | $-700.00K | - | $23.70M | - | - | $-10.20M | $-3.60M | - | $-9.40M | $-9.80M | $5.60M |
| Avg Forecast | $60.48M | $44.32M | $45.36M | $35.45M | $35.11M | $28.28M | $27.89M | $18.64M | $25.55M | $22.03M | $-693.00K | $7.82M | $17.73M | $12.86M | $-630.00K | $-691.54K | $12.80M | $11.61M | $-572.73K | $5.72M | $15.47M | $17.50M | $10.43M | $3.13M | $7.21M | $297.18K | $-11.28M | $-1.70M | $6.86M | $22.25M |
| High Forecast | $64.82M | $47.50M | $48.62M | $38.00M | $37.63M | $30.32M | $29.90M | $20.55M | $27.59M | $22.04M | $-554.40K | $8.38M | $19.81M | $13.78M | $-504.00K | $-657.81K | $13.51M | $12.25M | $-458.18K | $6.04M | $16.33M | $18.47M | $11.01M | $3.31M | $7.61M | $313.71K | $-9.02M | $-1.63M | $7.24M | $23.48M |
| Low Forecast | $57.53M | $42.15M | $43.15M | $33.72M | $33.39M | $26.90M | $26.53M | $17.68M | $23.50M | $22.01M | $-831.60K | $7.44M | $15.12M | $12.23M | $-756.00K | $-741.22K | $12.27M | $11.12M | $-687.27K | $5.48M | $14.83M | $16.77M | $9.99M | $3.00M | $6.91M | $284.85K | $-13.54M | $-1.80M | $6.58M | $21.32M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | 23.36% | 1.68% | 1.16% | - | 19.52% | 0.68% | 0.82% | - | -0.12% | - | 1.35% | - | - | -1.42% | -12.11% | - | 5.52% | -1.43% | 0.25% |
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 | May 22 | Jan 22 | Oct 21 | Jul 21 | May 21 | Jan 21 | Oct 20 | Jul 20 | May 20 | Jan 20 | Oct 19 | Jul 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 3 | 3 | 1 | 1 | 1 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 7 | 7 | 7 | 7 | 9 | 9 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | $55.40M | $49.80M | $52.60M | - | $66.90M | $45.70M | $46.10M | - | $47.60M | $48.00M | $45.20M | - | $47.10M | $47.30M | $53.50M | - | $46.30M | $54.00M | $48.90M |
| Avg Forecast | $64.31M | $54.65M | $58.27M | $52.44M | $56.10M | $50.76M | $53.70M | $47.43M | $50.52M | $51.81M | $47.12M | $48.52M | $55.78M | $52.51M | $42.84M | $56.44M | $49.82M | $49.62M | $38.95M | $44.33M | $50.31M | $55.55M | $37.11M | $44.69M | $52.24M | $46.20M | $60.36M | $42.55M | $52.86M | $52.96M |
| High Forecast | $67.86M | $57.67M | $61.49M | $55.34M | $59.20M | $53.56M | $56.67M | $49.98M | $52.10M | $51.81M | $56.55M | $48.52M | $56.61M | $55.42M | $51.41M | $67.73M | $51.96M | $51.75M | $46.73M | $46.23M | $52.46M | $57.93M | $44.53M | $46.60M | $54.47M | $48.18M | $72.43M | $44.37M | $55.12M | $55.22M |
| Low Forecast | $61.89M | $52.60M | $56.08M | $50.47M | $54.00M | $48.85M | $51.68M | $45.78M | $49.43M | $51.81M | $37.70M | $48.52M | $54.94M | $50.54M | $34.27M | $45.15M | $48.23M | $48.04M | $31.16M | $42.92M | $48.70M | $53.78M | $29.69M | $43.27M | $50.57M | $44.72M | $48.29M | $41.19M | $51.17M | $51.27M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | 1.14% | 0.89% | 1.00% | - | 1.19% | 0.92% | 0.93% | - | 1.07% | 0.95% | 0.81% | - | 1.05% | 0.91% | 1.16% | - | 1.09% | 1.02% | 0.92% |
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 | May 22 | Jan 22 | Oct 21 | Jul 21 | May 21 | Jan 21 | Oct 20 | Jul 20 | May 20 | Jan 20 | Oct 19 | Jul 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 3 | 3 | 1 | 1 | 1 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 7 | 7 | 7 | 7 | 9 | 9 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | $3.09 | $0.51 | $0.25 | - | $-0.23 | $0.15 | $0.16 | - | $-0.01 | - | $0.37 | - | - | $-0.16 | $-0.06 | - | $-0.15 | $-0.16 | $0.09 |
| Avg Forecast | $1.16 | $0.85 | $0.87 | $0.68 | $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 | $1.24 | $0.91 | $0.93 | $0.73 | $0.72 | $0.58 | $0.57 | $0.39 | $0.53 | $0.42 | $0.26 | $0.16 | $0.38 | $0.26 | $0.22 | $-0.01 | $0.26 | $0.23 | $0.24 | $0.12 | $0.31 | $0.35 | $0.21 | $0.06 | $0.15 | $0.01 | $-0.11 | $-0.03 | $0.14 | $0.45 |
| Low Forecast | $1.10 | $0.81 | $0.83 | $0.65 | $0.64 | $0.52 | $0.51 | $0.34 | $0.45 | $0.42 | $0.26 | $0.14 | $0.29 | $0.23 | $0.19 | $-0.01 | $0.24 | $0.21 | $0.22 | $0.11 | $0.28 | $0.32 | $0.19 | $0.06 | $0.13 | $0.01 | $-0.12 | $-0.03 | $0.13 | $0.41 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | 20.60% | 1.50% | 1.01% | - | 17.34% | 0.61% | 0.72% | - | -0.10% | - | 1.10% | - | - | -1.16% | -10.00% | - | 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 $0.26 and a high estimate of $0.26. This represents a -91.48% decrease compared to REVG previous annual EPS of $3.09 (Jan 24).