Runway Growth Finance (RWAY) Stock Forecast, Price Target & Predictions
RWAY Stock Forecast
Runway Growth Finance stock forecast is as follows: an average price target of $12.44 (represents a 19.62% upside from RWAY’s last price of $10.40) and a rating consensus of 'Buy', based on 4 wall street analysts offering a 1-year stock forecast.
RWAY Price Target
The average price target for Runway Growth Finance (RWAY) is $12.44 based on 1-year price targets from 4 Wall Street analysts in the past 3 months, with a price target range of $14.50 to $11.00. This represents a potential 19.62% upside from RWAY's last price of $10.40.
RWAY Analyst Ratings
According to 4 Wall Street analysts, Runway Growth Finance's rating consensus is 'Buy'. The analyst rating breakdown for RWAY stock is 0 'Strong Buy' (0.00%), 2 'Buy' (50.00%), 2 'Hold' (50.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
Runway Growth Finance Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Aug 15, 2024 | Casey Alexander | Compass Point | $11.75 | $10.62 | 10.69% | 12.98% |
| Aug 12, 2024 | Finian O'Shea | Wells Fargo | $11.00 | $10.49 | 4.86% | 5.77% |
| Jul 18, 2024 | Doug Harter | UBS | $14.50 | $11.86 | 22.26% | 39.42% |
| May 20, 2024 | Bryce Rowe | B.Riley Financial | $12.50 | $11.72 | 6.66% | 20.19% |
The latest Runway Growth Finance stock forecast, released on Aug 15, 2024 by Casey Alexander from Compass Point, set a price target of $11.75, which represents a 10.69% increase from the stock price at the time of the forecast ($10.62), and a 12.98% increase from RWAY last price ($10.40).
Runway Growth Finance Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | 1 | 4 |
| Avg Price Target | - | $11.75 | $12.44 |
| Last Closing Price | $10.40 | $10.40 | $10.40 |
| Upside/Downside | -100.00% | 12.98% | 19.62% |
In the current month, the average price target of Runway Growth Finance stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Runway Growth Finance's last price of $10.40. 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
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Aug 15, 2024 | Compass Point | Underperform | Buy | Upgrade |
| Jul 29, 2024 | Wells Fargo | Equal-Weight | Equal-Weight | Hold |
| Jul 29, 2024 | Compass Point | Underperform | Underperform | Hold |
| Jul 18, 2024 | UBS | Buy | Buy | Hold |
| Jun 28, 2024 | Compass Point | Underperform | Underperform | Hold |
| Jun 28, 2024 | Wells Fargo | Equal-Weight | Equal-Weight | Hold |
| Jun 28, 2024 | Bank of America Securities | - | Neutral | Initialise |
| Nov 28, 2021 | Compass Point | - | Buy | Initialise |
Runway Growth Finance's last stock rating was published by Compass Point on Aug 15, 2024. The company Upgrade its RWAY rating from "Underperform" to "Buy".
Runway Growth Finance Financial Forecast
Runway Growth Finance 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | $43.78M | - | $13.61M | $21.27M | $14.27M | $1.77M | $4.87M | $19.04M | $12.30M |
| Avg Forecast | $37.14M | $37.06M | $36.61M | $36.39M | $35.73M | $35.44M | $35.01M | $35.01M | $36.45M | $37.97M | $37.76M | $39.41M | $40.17M | $40.70M | $40.09M | $40.35M | $31.46M | $26.03M | $21.91M | $19.70M | $18.34M | $17.90M |
| High Forecast | $39.44M | $39.36M | $38.88M | $38.64M | $37.95M | $37.63M | $37.17M | $38.20M | $38.79M | $38.07M | $37.76M | $39.41M | $42.39M | $40.70M | $42.57M | $42.85M | $33.41M | $26.03M | $21.91M | $19.70M | $18.34M | $17.90M |
| Low Forecast | $34.86M | $34.79M | $34.36M | $34.15M | $33.54M | $33.26M | $32.86M | $31.67M | $33.91M | $37.88M | $37.76M | $39.41M | $37.97M | $40.70M | $37.63M | $37.87M | $29.53M | $26.03M | $21.91M | $19.70M | $18.34M | $17.90M |
| # Analysts | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 5 | 4 | 2 | 4 | 4 | 5 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 4 | 4 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.08% | - | 0.34% | 0.68% | 0.55% | 0.08% | 0.25% | 1.04% | 0.69% |
Runway Growth Finance's average Quarter revenue forecast for Dec 23 based on 5 analysts is $40.17M, with a low forecast of $37.97M, and a high forecast of $42.39M. RWAY's average Quarter revenue forecast represents a -8.23% decrease compared to the company's last Quarter revenue of $43.78M (Sep 23).
Runway Growth Finance 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 5 | 4 | 2 | 4 | 4 | 5 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 4 | 4 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $22.90M | $68.34M | $2.18M | $22.66M | $3.73M | $24.19M | $11.04M |
| Avg Forecast | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $22.22M | $18.70M | $16.82M | $15.66M | $15.28M |
| High Forecast | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $22.22M | $18.70M | $16.82M | $15.66M | $15.28M |
| Low Forecast | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $22.22M | $18.70M | $16.82M | $15.66M | $15.28M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.10% | 1.21% | 0.22% | 1.55% | 0.72% |
4 analysts predict RWAY's average Quarter EBITDA for Jun 23 to be -, with a high of - and a low of -. This is -100.00% lower than Runway Growth Finance's previous annual EBITDA (Mar 23) of $22.90M.
Runway Growth Finance 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 5 | 4 | 2 | 4 | 4 | 5 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 4 | 4 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $11.98M | $-28.09M | $27.03M | $-2.43M | $2.85M | $17.46M | $10.23M |
| Avg Forecast | $15.72M | $15.59M | $15.48M | $15.48M | $15.60M | $15.38M | $15.06M | $15.37M | $16.30M | $17.10M | $16.97M | $17.38M | $18.92M | $18.02M | $17.26M | $17.35M | $15.02M | $13.70M | $12.07M | $11.28M | $10.58M | $12.54M |
| High Forecast | $16.99M | $16.85M | $16.73M | $16.73M | $16.85M | $16.61M | $16.27M | $16.14M | $17.39M | $17.19M | $16.97M | $17.38M | $20.85M | $18.03M | $18.64M | $18.75M | $16.23M | $13.70M | $14.48M | $11.28M | $10.58M | $12.54M |
| Low Forecast | $14.47M | $14.35M | $14.24M | $14.24M | $14.35M | $14.15M | $13.86M | $13.83M | $14.85M | $17.01M | $16.97M | $17.37M | $17.38M | $18.02M | $15.88M | $15.97M | $13.82M | $13.70M | $9.65M | $11.28M | $10.58M | $12.54M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.69% | -1.87% | 1.97% | -0.20% | 0.25% | 1.65% | 0.82% |
Runway Growth Finance's average Quarter net income forecast for Jun 23 is $17.26M, with a range of $15.88M to $18.64M. RWAY's average Quarter net income forecast represents a 43.99% increase compared to the company's last Quarter net income of $11.98M (Mar 23).
Runway Growth Finance 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 5 | 4 | 2 | 4 | 4 | 5 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 4 | 4 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | $466.00K | - | $1.57M | $1.71M | $1.76M | $1.86M | $1.32M | $-268.63K | $2.07M |
| Avg Forecast | $5.26M | $5.25M | $5.18M | $5.15M | $5.06M | $5.02M | $4.96M | $4.96M | $5.16M | $5.38M | $5.35M | $5.58M | $5.69M | $5.76M | $5.68M | $5.71M | $4.46M | $2.44M | $880.16K | $1.85M | $1.72M | $1.68M |
| High Forecast | $5.58M | $5.57M | $5.51M | $5.47M | $5.37M | $5.33M | $5.26M | $5.41M | $5.49M | $5.39M | $5.35M | $5.58M | $6.00M | $5.76M | $6.03M | $6.07M | $4.73M | $2.44M | $1.06M | $1.85M | $1.72M | $1.68M |
| Low Forecast | $4.94M | $4.93M | $4.87M | $4.84M | $4.75M | $4.71M | $4.65M | $4.48M | $4.80M | $5.36M | $5.35M | $5.58M | $5.38M | $5.76M | $5.33M | $5.36M | $4.18M | $2.44M | $704.13K | $1.85M | $1.72M | $1.68M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.08% | - | 0.28% | 0.38% | 0.72% | 2.11% | 0.71% | -0.16% | 1.23% |
Runway Growth Finance's average Quarter SG&A projection for Dec 23 is $5.69M, based on 5 Wall Street analysts, with a range of $5.38M to $6.00M. The forecast indicates a 1120.71% rise compared to RWAY last annual SG&A of $466.00K (Sep 23).
Runway Growth Finance 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 5 | 4 | 2 | 4 | 4 | 5 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 4 | 4 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $0.30 | $-0.68 | $0.66 | $-0.06 | $0.07 | $0.42 | $0.25 |
| Avg Forecast | $0.41 | $0.41 | $0.40 | $0.40 | $0.41 | $0.40 | $0.39 | $0.40 | $0.42 | $0.45 | $0.44 | $0.45 | $0.49 | $0.47 | $0.45 | $0.45 | $0.39 | $0.35 | $0.30 | $0.29 | $0.27 | $0.32 |
| High Forecast | $0.44 | $0.44 | $0.44 | $0.44 | $0.44 | $0.43 | $0.42 | $0.42 | $0.45 | $0.45 | $0.44 | $0.45 | $0.54 | $0.47 | $0.49 | $0.49 | $0.42 | $0.35 | $0.30 | $0.29 | $0.27 | $0.32 |
| Low Forecast | $0.38 | $0.37 | $0.37 | $0.37 | $0.37 | $0.37 | $0.36 | $0.36 | $0.39 | $0.44 | $0.44 | $0.45 | $0.45 | $0.47 | $0.41 | $0.42 | $0.36 | $0.35 | $0.30 | $0.29 | $0.27 | $0.32 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.66% | -1.74% | 1.89% | -0.19% | 0.24% | 1.56% | 0.77% |
According to 4 Wall Street analysts, Runway Growth Finance's projected average Quarter EPS for Jun 23 is $0.45, with a low estimate of $0.41 and a high estimate of $0.49. This represents a 49.83% increase compared to RWAY previous annual EPS of $0.30 (Mar 23).
Runway Growth Finance Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| BBDC | Barings BDC | $9.89 | $12.50 | 26.39% | Buy |
| FCFS | FirstCash | $107.09 | $130.00 | 21.39% | Buy |
| ORCC | Blue Owl Capital | $13.48 | $16.00 | 18.69% | Buy |
| AGM | Federal Agricultural Mortgage | $207.79 | $233.00 | 12.13% | Buy |
| OCSL | Oaktree Specialty Lending | $16.04 | $17.50 | 9.10% | Buy |
| NAVI | Navient | $15.19 | $16.50 | 8.62% | Sell |
| RWAY | Runway Growth Finance | $11.80 | $12.44 | 5.42% | Buy |
| OMF | OneMain | $54.77 | $54.88 | 0.20% | Buy |