Reservoir Media (RSVR) Stock Forecast, Price Target & Predictions


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RSVR Stock Forecast


Reservoir Media stock forecast is as follows: an average price target of $11.50 (represents a 24.19% upside from RSVR’s last price of $9.26) and a rating consensus of 'Buy', based on 2 wall street analysts offering a 1-year stock forecast.

RSVR Price Target


The average price target for Reservoir Media (RSVR) is $11.50 based on 1-year price targets from 2 Wall Street analysts in the past 3 months, with a price target range of $11.50 to $11.50. This represents a potential 24.19% upside from RSVR's last price of $9.26.

RSVR Analyst Ratings


Buy

According to 2 Wall Street analysts, Reservoir Media's rating consensus is 'Buy'. The analyst rating breakdown for RSVR stock is 0 'Strong Buy' (0.00%), 2 'Buy' (100.00%), 0 'Hold' (0.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).

Reservoir Media Price Target by Analyst


DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Oct 24, 2024Daniel DayB.Riley Financial$11.50$8.4536.09%24.19%

The latest Reservoir Media stock forecast, released on Oct 24, 2024 by Daniel Day from B.Riley Financial, set a price target of $11.50, which represents a 36.09% increase from the stock price at the time of the forecast ($8.45), and a 24.19% increase from RSVR last price ($9.26).

Reservoir Media Price Target by Period


1M3M12M
# Anlaysts-11
Avg Price Target-$11.50$11.50
Last Closing Price$9.26$9.26$9.26
Upside/Downside-100.00%24.19%24.19%

In the current month, the average price target of Reservoir Media stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Reservoir Media's last price of $9.26. 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 31, 2024B. RileyBuyBuyHold
May 31, 2024B. RileyBuyBuyHold
Jan 05, 2023B. Riley SecuritiesBuyInitialise
Jan 05, 2023B. RileyBuyInitialise

Reservoir Media's last stock rating was published by B. Riley on Oct 31, 2024. The company gave RSVR a "Buy" rating, the same as its previous rate.

Reservoir Media Financial Forecast


Reservoir Media Revenue Forecast

Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21
Revenue---------$35.48B$38.40B$31.84B$34.81M$29.93M$33.27M$24.28M$35.12M$27.13M$30.44M$16.63M
Avg Forecast$43.42M$38.59M$42.64M$36.59M$40.63M$36.60M$38.92M$34.22M$35.36M$29.87M$33.19M$26.34M$33.75M$27.83M$29.78M$18.19M$29.98M$20.60M$31.75M$16.72M
High Forecast$43.91M$39.02M$43.12M$37.00M$40.81M$37.15M$38.92M$34.37M$35.36M$30.20M$34.24M$26.64M$34.13M$28.14M$29.78M$18.19M$29.98M$20.60M$31.75M$16.72M
Low Forecast$43.04M$38.25M$42.27M$36.27M$40.44M$36.06M$38.91M$34.07M$35.36M$29.61M$31.34M$26.11M$33.46M$27.58M$29.78M$18.19M$29.98M$20.60M$31.75M$16.72M
# Analysts11112211123111111111
Surprise %---------1187.70%1156.81%1208.53%1.03%1.08%1.12%1.33%1.17%1.32%0.96%0.99%

Reservoir Media's average Quarter revenue forecast for Mar 24 based on 1 analysts is $35.36M, with a low forecast of $35.36M, and a high forecast of $35.36M. RSVR's average Quarter revenue forecast represents a -99.90% decrease compared to the company's last Quarter revenue of $35.48B (Dec 23).

Reservoir Media EBITDA Forecast

Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21
# Analysts11112211123111111111
EBITDA---------$-3.22B$1.28B$1.66B$14.34M$10.15M$11.95M$6.68M$13.94M$10.35M$13.66M$4.86M
Avg Forecast$15.77M$14.02M$15.49M$13.29M$14.76M$13.30M$14.14M$12.43M$12.85M$10.85M$12.06M$9.57M$12.26M$13.09M$10.92M$15.34M$10.99M$7.55M$11.64M$6.13M
High Forecast$15.95M$14.18M$15.66M$13.44M$14.83M$13.50M$14.14M$12.49M$12.85M$10.97M$12.44M$9.68M$12.40M$15.71M$10.92M$18.40M$10.99M$7.55M$11.64M$6.13M
Low Forecast$15.64M$13.90M$15.36M$13.18M$14.69M$13.10M$14.14M$12.38M$12.85M$10.76M$11.39M$9.49M$12.15M$10.47M$10.92M$12.27M$10.99M$7.55M$11.64M$6.13M
Surprise %----------296.65%106.32%173.63%1.17%0.78%1.09%0.44%1.27%1.37%1.17%0.79%

2 analysts predict RSVR's average Quarter EBITDA for Dec 23 to be $10.85M, with a high of $10.97M and a low of $10.76M. This is -99.15% lower than Reservoir Media's previous annual EBITDA (Sep 23) of $1.28B.

Reservoir Media Net Income Forecast

Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21
# Analysts11112211123111111111
Net Income---------$-2.96B$535.39M$277.33M$2.33M$-4.07M$4.54M$16.82K$8.90M$2.38M$4.56M$-1.45M
Avg Forecast$4.16M$1.84M$3.48M$638.62K$3.07M$1.32M$1.86M$-438.94K$983.15K$-653.36K$3.51M$877.81K$6.14M$2.72M$5.85M$138.51K$7.58M$2.17M$5.86M$-216.55K
High Forecast$4.22M$1.86M$3.53M$647.93K$3.69M$1.34M$1.90M$-433.94K$985.35K$-438.90K$7.02M$890.61K$6.23M$3.26M$5.85M$166.22K$7.58M$2.17M$7.03M$-216.55K
Low Forecast$4.11M$1.82M$3.44M$631.35K$2.46M$877.83K$1.82M$-445.34K$980.94K$-867.82K$-1.76M$867.82K$6.07M$2.18M$5.85M$110.81K$7.58M$2.17M$4.69M$-216.55K
Surprise %---------4535.11%152.48%315.94%0.38%-1.50%0.78%0.12%1.17%1.10%0.78%6.71%

Reservoir Media's average Quarter net income forecast for Dec 23 is $-653.36K, with a range of $-867.82K to $-438.90K. RSVR's average Quarter net income forecast represents a -100.12% decrease compared to the company's last Quarter net income of $535.39M (Sep 23).

Reservoir Media SG&A Forecast

Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21
# Analysts11112211123111111111
SG&A------------$8.14M$8.04M$7.37M$7.62M$8.23M$6.73M$5.65M$4.66M
Avg Forecast$9.91M$8.81M$9.73M$8.35M$9.27M$8.35M$8.88M$7.81M$8.07M$6.82M$7.58M$6.01M$7.70M$8.52M$6.80M$4.15M$6.84M$4.70M$7.27M$3.82M
High Forecast$10.02M$8.91M$9.84M$8.45M$9.31M$8.48M$8.88M$7.84M$8.07M$6.89M$7.82M$6.08M$7.79M$10.22M$6.80M$4.15M$6.84M$4.70M$8.72M$3.82M
Low Forecast$9.82M$8.73M$9.65M$8.28M$9.23M$8.23M$8.88M$7.78M$8.07M$6.76M$7.15M$5.96M$7.64M$6.81M$6.80M$4.15M$6.84M$4.70M$5.82M$3.82M
Surprise %------------1.06%0.94%1.08%1.84%1.20%1.43%0.78%1.22%

Reservoir Media's average Quarter SG&A projection for Jun 23 is $6.01M, based on 1 Wall Street analysts, with a range of $5.96M to $6.08M. The forecast indicates a -26.10% fall compared to RSVR last annual SG&A of $8.14M (Mar 23).

Reservoir Media EPS Forecast

Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21
# Analysts11112211123111111111
EPS---------$-0.05$8.26$4.29$36.38$-0.06$0.07-$0.14$0.04$0.08$-0.05
Avg Forecast$0.06$0.03$0.05$0.01$0.05$0.02$0.03$-0.01$0.01$-0.01$0.05$0.01$0.09$0.06$0.09$-0.02$0.12$0.03$0.14$-0.00
High Forecast$0.06$0.03$0.05$0.01$0.06$0.02$0.03$-0.01$0.01$-0.01$0.11$0.01$0.09$0.06$0.09$-0.02$0.12$0.03$0.14$-0.00
Low Forecast$0.06$0.03$0.05$0.01$0.04$0.01$0.03$-0.01$0.01$-0.01$-0.03$0.01$0.09$0.06$0.09$-0.02$0.12$0.03$0.14$-0.00
Surprise %---------4.61%154.88%321.76%389.79%-1.05%0.78%-0.02%1.20%1.11%0.59%15.00%

According to 2 Wall Street analysts, Reservoir Media's projected average Quarter EPS for Dec 23 is $-0.01, with a low estimate of $-0.01 and a high estimate of $-0.01. This represents a -100.12% decrease compared to RSVR previous annual EPS of $8.26 (Sep 23).

Reservoir Media Peer Comparison by Price Target


TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
RDIReading$1.47$2.4063.27%Hold
RSVRReservoir Media$9.28$11.5023.92%Buy
MCSMarcus$21.73$26.0019.65%Buy
WMGWarner Music Group$31.94$34.608.33%Buy
FWONAFormula One Group$85.52$83.00-2.95%Buy
FOXFox$46.47$42.00-9.62%Buy

RSVR Forecast FAQ


Is Reservoir Media a good buy?

Yes, according to 2 Wall Street analysts, Reservoir Media (RSVR) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 2 'Buy' recommendations, accounting for 100.00% of RSVR's total ratings.

What is RSVR's price target?

Reservoir Media (RSVR) average price target is $11.5 with a range of $11.5 to $11.5, implying a 24.19% from its last price of $9.26. The data is based on 2 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

Will Reservoir Media stock go up soon?

According to Wall Street analysts' prediction for RSVR stock, the company can go up by 24.19% (from the last price of $9.26 to the average price target of $11.5), up by 24.19% based on the highest stock price target, and up by 24.19% based on the lowest stock price target.

Can Reservoir Media stock reach $14?

RSVR's average twelve months analyst stock price target of $11.5 does not support the claim that Reservoir Media can reach $14 in the near future.

What are Reservoir Media's analysts' financial forecasts?

Reservoir Media's analysts financial forecasts for the fiscal year (Mar 2025) are as follows: average revenue is $150.37M (high $151.25M, low $149.48M), average EBITDA is $54.63M (high $54.95M, low $54.3M), average net income is $5.81M (high $6.49M, low $4.71M), average SG&A $34.32M (high $34.52M, low $34.12M), and average EPS is $0.0882 (high $0.0985, low $0.0715). RSVR's analysts financial forecasts for the fiscal year (Mar 2026) are as follows: average revenue is $161.24M (high $163.05M, low $159.83M), average EBITDA is $58.58M (high $59.24M, low $58.07M), average net income is $10.12M (high $10.27M, low $10M), average SG&A $36.8M (high $37.21M, low $36.48M), and average EPS is $0.154 (high $0.156, low $0.152).

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

Based on Reservoir Media's last annual report (Mar 2023), the company's revenue was $122.29M, beating the average analysts forecast of $109.55M by 11.63%. Apple's EBITDA was $43.12M, missing the average prediction of $51.6M by -16.45%. The company's net income was $2.54M, missing the average estimation of $14.85M by -82.90%. Apple's SG&A was $31.17M, beating the average forecast of $27.17M by 14.72%. Lastly, the company's EPS was $0.04, missing the average prediction of $0.227 by -82.35%. In terms of the last quarterly report (Dec 2023), Reservoir Media's revenue was $35.48B, beating the average analysts' forecast of $29.87M by 118669.89%. The company's EBITDA was $-3.219B, missing the average prediction of $10.85M by -29764.54%. Reservoir Media's net income was $-2.963B, beating the average estimation of $-653K by 453410.58%. The company's SG&A was $0, missing the average forecast of $6.82M by -100.00%. Lastly, the company's EPS was $-0.0457, beating the average prediction of $-0.00992 by 360.51%