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RBC Bearings (RRX) Stock Forecast, Price Target & Predictions

OverviewRevenueOwnershipFinancialsChartTranscripts

RRX Stock Forecast

RBC Bearings stock forecast is as follows: an average price target of $202.80 (represents a 27.91% upside from RRX’s last price of $158.55) and a rating consensus of 'Buy', based on 7 wall street analysts offering a 1-year stock forecast.

RRX Price Target

The average price target for RBC Bearings (RRX) is $202.80 based on 1-year price targets from 7 Wall Street analysts in the past 3 months, with a price target range of $220.00 to $190.00. This represents a potential 27.91% upside from RRX's last price of $158.55.

RRX Analyst Ratings

Buy

According to 7 Wall Street analysts, RBC Bearings's rating consensus is 'Buy'. The analyst rating breakdown for RRX stock is 0 'Strong Buy' (0.00%), 6 'Buy' (85.71%), 1 'Hold' (14.29%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).

RBC Bearings Price Target by Analyst

DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Nov 07, 2024Chris DankertLoop Capital Markets$220.00$168.7830.35%38.76%
Nov 06, 2024Joe RitchieGoldman Sachs$191.00$168.7813.17%20.47%
Oct 14, 2024Kyle MengesCitigroup$200.00$171.2216.81%26.14%
Sep 19, 2024Chris DankertLoop Capital Markets$200.00$165.7220.69%26.14%
Sep 18, 2024Jeffrey HammondKeyBanc$190.00$163.3816.29%19.84%
Sep 18, 2024Joe RitchieGoldman Sachs$195.00$163.7519.08%22.99%
Aug 02, 2024Michael HalloranRobert W. Baird$213.00$162.9630.71%34.34%
Apr 02, 2024Julian MitchellBarclays$203.00$176.0115.33%28.04%
Mar 25, 2024Jeffrey HammondKeyBanc$210.00$178.4317.69%32.45%
Jul 07, 2023Christopher GlynnOppenheimer$190.00$150.9925.84%19.84%
Feb 05, 2023Julian MitchellBarclays$185.00$156.9417.88%16.68%
Sep 14, 2022Goldman Sachs$187.00$143.3930.41%17.94%
Jun 23, 2022Goldman Sachs$150.00$111.0935.03%-5.39%

The latest RBC Bearings stock forecast, released on Nov 07, 2024 by Chris Dankert from Loop Capital Markets, set a price target of $220.00, which represents a 30.35% increase from the stock price at the time of the forecast ($168.78), and a 38.76% increase from RRX last price ($158.55).

RBC Bearings Price Target by Period

1M3M12M
# Anlaysts-39
Avg Price Target-$203.67$202.44
Last Closing Price$158.55$158.55$158.55
Upside/Downside-100.00%28.46%27.68%

In the current month, the average price target of RBC Bearings stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to RBC Bearings's last price of $158.55. 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

DateCompanyPrevious RatingNew RatingRating Change
Oct 14, 2024Loop Capital MarketsBuyBuyHold
Oct 14, 2024Goldman SachsUnderperformUnderperformHold
Oct 14, 2024CitigroupBuyInitialise
Oct 02, 2024BarclaysOverweightOverweightHold
Sep 19, 2024Goldman SachsUnderperformUnderperformHold
Sep 19, 2024Loop Capital MarketsBuyBuyHold
Sep 18, 2024KeyBancOverweightOverweightHold
Sep 18, 2024Goldman SachsBuyBuyHold
Jun 27, 2024Raymond JamesMarket PerformInitialise
Apr 08, 2024Wolfe ResearchOutperformOutperformHold
Apr 05, 2024Loop Capital MarketsBuyBuyHold
Apr 02, 2024BarclaysOverweightOverweightHold
Dec 11, 2023Wolfe ResearchPeer PerformOutperformUpgrade
Jul 07, 2023OppenheimerOutperformOutperformHold
Feb 05, 2023BarclaysOverweightOverweightHold
Feb 03, 2023OppenheimerOutperformOutperformHold
Dec 01, 2022Wolfe ResearchPeer PerformDowngrade
Aug 23, 2022KeyBancOverweightOverweightHold
Jun 23, 2022Goldman SachsBuyBuyHold

RBC Bearings's last stock rating was published by Loop Capital Markets on Oct 14, 2024. The company gave RRX a "Buy" rating, the same as its previous rate.

RBC Bearings Financial Forecast

RBC Bearings Revenue Forecast

Dec 27Sep 27Jun 27Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20
Revenue----------------$1.61B$1.65B$1.77B$1.22B$1.24B$1.33B$1.35B$1.30B$780.50M$892.70M$886.90M$814.10M-$758.20M
Avg Forecast$1.68B$1.66B$1.69B$1.57B$1.60B$1.59B$1.63B$1.52B$1.52B$1.52B$1.54B$1.44B$1.49B$1.53B$1.51B$1.56B$1.63B$1.73B$1.77B$1.22B$1.26B$1.32B$1.32B$1.26B$1.20B$887.51M$828.25M$786.75M$738.41M$706.64M
High Forecast$1.70B$1.68B$1.71B$1.59B$1.62B$1.61B$1.65B$1.54B$1.54B$1.54B$1.56B$1.46B$1.50B$1.53B$1.51B$1.56B$1.65B$1.74B$1.79B$1.24B$1.28B$1.32B$1.32B$1.26B$1.20B$887.51M$828.25M$786.75M$738.41M$706.64M
Low Forecast$1.65B$1.63B$1.66B$1.54B$1.57B$1.57B$1.60B$1.49B$1.50B$1.49B$1.51B$1.43B$1.48B$1.53B$1.51B$1.56B$1.60B$1.71B$1.74B$1.21B$1.25B$1.32B$1.32B$1.26B$1.20B$887.51M$828.25M$786.75M$738.41M$706.64M
# Analysts222222221114731137632222345663
Surprise %----------------0.99%0.95%1.00%1.00%0.98%1.01%1.02%1.03%0.65%1.01%1.07%1.03%-1.07%

RBC Bearings's average Quarter revenue forecast for Mar 24 based on 1 analysts is $1.56B, with a low forecast of $1.56B, and a high forecast of $1.56B. RRX's average Quarter revenue forecast represents a -2.82% decrease compared to the company's last Quarter revenue of $1.61B (Dec 23).

RBC Bearings EBITDA Forecast

Dec 27Sep 27Jun 27Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20
# Analysts222222221114731137632222345663
EBITDA----------------$292.10M$-20.40M$151.60M$178.70M$232.90M$250.60M$275.60M$250.20M$121.50M$139.80M$144.70M$131.60M-$124.00M
Avg Forecast$273.03M$269.55M$274.62M$254.68M$259.47M$258.79M$264.71M$246.61M$247.78M$246.67M$249.92M$234.56M$242.39M$248.56M$245.01M$267.21M$264.37M$281.26M$287.82M$242.92M$110.94M$217.57M$218.33M$220.84M$198.51M$138.61M$136.86M$130.00M$122.01M$116.76M
High Forecast$276.51M$272.99M$278.12M$257.93M$262.78M$262.08M$268.09M$249.75M$250.94M$249.81M$253.10M$237.81M$244.01M$248.87M$245.01M$320.66M$267.63M$283.61M$291.48M$291.51M$133.12M$217.57M$218.33M$265.00M$198.51M$166.33M$136.86M$130.00M$122.01M$116.76M
Low Forecast$269.02M$265.60M$270.59M$250.95M$255.66M$254.99M$260.83M$242.99M$244.15M$243.05M$246.25M$232.93M$240.76M$248.26M$245.01M$213.77M$260.49M$278.29M$283.59M$194.34M$88.75M$217.57M$218.33M$176.67M$198.51M$110.88M$136.86M$130.00M$122.01M$116.76M
Surprise %----------------1.10%-0.07%0.53%0.74%2.10%1.15%1.26%1.13%0.61%1.01%1.06%1.01%-1.06%

1 analysts predict RRX's average Quarter EBITDA for Mar 24 to be $267.21M, with a high of $320.66M and a low of $213.77M. This is -8.52% lower than RBC Bearings's previous annual EBITDA (Dec 23) of $292.10M.

RBC Bearings Net Income Forecast

Dec 27Sep 27Jun 27Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20
# Analysts222222221114731137632222345663
Net Income----------------$55.90M$-139.50M$32.10M$-5.50M$101.50M$119.80M$142.00M$125.60M$50.40M$69.50M$79.60M$65.60M-$65.00M
Avg Forecast$251.30M$243.48M$234.95M$201.00M$218.56M$215.34M$208.65M$179.29M$187.81M$183.34M$179.37M$149.27M$164.47M$165.16M$142.19M$134.95M$149.11M$167.99M$164.75M$122.68M$-5.40M$175.81M$173.73M$111.53M$145.80M$68.91M$137.54M$114.49M$105.96M$81.13M
High Forecast$255.47M$247.51M$238.84M$204.33M$222.18M$218.91M$212.11M$182.26M$190.92M$186.38M$182.34M$151.32M$171.82M$165.75M$142.20M$161.94M$150.43M$169.99M$167.48M$147.22M$-4.32M$175.81M$173.73M$133.83M$145.80M$82.69M$137.54M$114.49M$105.96M$81.13M
Low Forecast$246.51M$238.83M$230.47M$197.16M$214.39M$211.23M$204.67M$175.87M$184.23M$179.84M$175.95M$147.23M$161.79M$164.56M$142.18M$107.96M$146.47M$162.66M$161.61M$98.15M$-6.48M$175.81M$173.73M$89.22M$145.80M$55.12M$137.54M$114.49M$105.96M$81.13M
Surprise %----------------0.37%-0.83%0.19%-0.04%-18.79%0.68%0.82%1.13%0.35%1.01%0.58%0.57%-0.80%

RBC Bearings's average Quarter net income forecast for Mar 24 is $134.95M, with a range of $107.96M to $161.94M. RRX's average Quarter net income forecast represents a 141.41% increase compared to the company's last Quarter net income of $55.90M (Dec 23).

RBC Bearings SG&A Forecast

Dec 27Sep 27Jun 27Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20
# Analysts222222221114731137632222345663
SG&A----------------$409.50M-------------
Avg Forecast$290.28M$286.59M$291.97M$270.78M$275.87M$275.14M$281.44M$262.19M$263.44M$262.26M$265.71M$249.38M$257.70M$264.27M$260.49M$270.27M$281.08M$299.03M$306.00M$211.50M$218.62M$227.71M$228.50M$217.52M$207.76M$153.48M$143.24M$136.06M$127.70M$122.20M
High Forecast$293.98M$290.24M$295.70M$274.23M$279.38M$278.65M$285.03M$265.53M$266.80M$265.60M$269.10M$252.84M$259.43M$264.60M$260.49M$270.27M$284.55M$301.53M$309.90M$214.19M$221.40M$227.71M$228.50M$217.52M$207.76M$153.48M$143.24M$136.06M$127.70M$122.20M
Low Forecast$286.02M$282.38M$287.69M$266.80M$271.82M$271.10M$277.31M$258.34M$259.58M$258.41M$261.81M$247.65M$255.97M$263.95M$260.49M$270.27M$276.95M$295.87M$301.51M$208.39M$215.41M$227.71M$228.50M$217.52M$207.76M$153.48M$143.24M$136.06M$127.70M$122.20M
Surprise %----------------1.46%-------------

RBC Bearings's average Quarter SG&A projection for Mar 24 is $270.27M, based on 1 Wall Street analysts, with a range of $270.27M to $270.27M. The forecast indicates a -34.00% fall compared to RRX last annual SG&A of $409.50M (Dec 23).

RBC Bearings EPS Forecast

Dec 27Sep 27Jun 27Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20
# Analysts222222221114731137632222345663
EPS----------------$0.84$-2.10$0.48$-0.08$1.53$1.81$2.13$1.86$1.24$1.71$1.96$1.62-$1.60
Avg Forecast$3.77$3.65$3.52$3.01$3.28$3.23$3.13$2.69$2.82$2.75$2.69$2.24$2.47$2.48$2.13$1.98$2.24$2.52$2.47$2.12$2.39$2.64$2.61$2.42$2.19$2.34$2.07$1.72$1.59$1.22
High Forecast$3.83$3.71$3.58$3.06$3.33$3.28$3.18$2.73$2.86$2.79$2.73$2.27$2.58$2.49$2.13$1.99$2.26$2.55$2.51$2.15$2.43$2.64$2.61$2.42$2.19$2.34$2.07$1.72$1.59$1.22
Low Forecast$3.70$3.58$3.46$2.96$3.21$3.17$3.07$2.64$2.76$2.70$2.64$2.21$2.43$2.47$2.13$1.98$2.20$2.44$2.42$2.08$2.34$2.64$2.61$2.42$2.19$2.34$2.07$1.72$1.59$1.22
Surprise %----------------0.38%-0.83%0.19%-0.04%0.64%0.68%0.82%0.77%0.57%0.73%0.95%0.94%-1.31%

According to 1 Wall Street analysts, RBC Bearings's projected average Quarter EPS for Mar 24 is $1.98, with a low estimate of $1.98 and a high estimate of $1.99. This represents a 136.16% increase compared to RRX previous annual EPS of $0.84 (Dec 23).

RBC Bearings Peer Comparison by Price Target

TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
RRXRBC Bearings$158.55$202.8027.91%Buy
FELEFranklin Electric$98.90$120.0021.33%Buy
DCIDonaldson$67.91$81.0019.28%Hold
MIDDMiddleby$136.84$160.0016.92%Buy
CRCrane NXT$155.88$178.5014.51%Buy
ITTITT$144.30$159.0010.19%Buy
IRIngersoll Rand$92.35$101.009.37%Buy
IEXIDEX$212.28$232.009.29%Buy
WTSWatts Water$204.13$212.003.86%Buy
NPOEnPro Industries$174.73$180.003.02%Buy
FLSFlowserve$58.45$60.202.99%Buy
KAIKadant$354.03$355.000.27%
EPACEnerpac Tool Group$42.39$23.00-45.74%Hold

RRX Forecast FAQ

Is RBC Bearings a good buy?

Yes, according to 7 Wall Street analysts, RBC Bearings (RRX) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 6 'Buy' recommendations, accounting for 85.71% of RRX's total ratings.

What is RRX's price target?

RBC Bearings (RRX) average price target is $202.8 with a range of $190 to $220, implying a 27.91% from its last price of $158.55. The data is based on 7 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

Will RBC Bearings stock go up soon?

According to Wall Street analysts' prediction for RRX stock, the company can go up by 27.91% (from the last price of $158.55 to the average price target of $202.8), up by 38.76% based on the highest stock price target, and up by 19.84% based on the lowest stock price target.

Can RBC Bearings stock reach $200?

RRX's average twelve months analyst stock price target of $202.8 supports the claim that RBC Bearings can reach $200 in the near future.

What are RBC Bearings's analysts' financial forecasts?

RBC Bearings's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $6.33B (high $6.41B, low $6.24B), average EBITDA is $1.03B (high $1.04B, low $1.01B), average net income is $821.85M (high $835.47M, low $806.17M), average SG&A $1.09B (high $1.11B, low $1.08B), and average EPS is $12.32 (high $12.53, low $12.09). RRX's analysts financial forecasts for the fiscal year (Dec 2027) are as follows: average revenue is $6.59B (high $6.67B, low $6.49B), average EBITDA is $1.07B (high $1.09B, low $1.06B), average net income is $930.73M (high $946.15M, low $912.97M), average SG&A $1.14B (high $1.15B, low $1.12B), and average EPS is $13.95 (high $14.19, low $13.69).

Did the RRX's actual financial results beat the analysts' financial forecasts?

Based on RBC Bearings's last annual report (Dec 2023), the company's revenue was $6.25B, which missed the average analysts forecast of $6.35B by -1.51%. Apple's EBITDA was $1.02B, missing the average prediction of $1.08B by -4.99%. The company's net income was $-57.4M, missing the average estimation of $604.53M by -109.49%. Apple's SG&A was $1.54B, beating the average forecast of $1.1B by 40.07%. Lastly, the company's EPS was $-0.87, missing the average prediction of $9.34 by -109.31%. In terms of the last quarterly report (Dec 2023), RBC Bearings's revenue was $1.61B, missing the average analysts' forecast of $1.63B by -1.05%. The company's EBITDA was $292.1M, beating the average prediction of $264.37M by 10.49%. RBC Bearings's net income was $55.9M, missing the average estimation of $149.11M by -62.51%. The company's SG&A was $409.5M, beating the average forecast of $281.08M by 45.69%. Lastly, the company's EPS was $0.84, missing the average prediction of $2.24 by -62.43%