Decoding 4 Analyst Evaluations For Redfin
Portfolio Pulse from Benzinga Insights
Redfin (NASDAQ:RDFN) has been analyzed by 4 analysts, showing a shift towards a more bearish outlook with 3 indifferent and 1 somewhat bearish ratings recently. The average 12-month price target has been lowered to $7.38, a 22.32% decrease. Analysts from B. Riley Securities, Citigroup, Gordon Haskett, and RBC Capital have adjusted their ratings and price targets, reflecting concerns over Redfin's market performance, revenue growth, and financial health. Redfin's financial indicators such as market capitalization, revenue growth, net margin, ROE, ROA, and debt management suggest challenges ahead.
March 11, 2024 | 5:01 pm
News sentiment analysis
Sort by:
Descending
NEGATIVE IMPACT
Redfin's recent analyst evaluations indicate a bearish sentiment with a lowered average price target of $7.38. Financial challenges such as revenue decline, poor net margin, and high debt-to-equity ratio are highlighted.
The bearish sentiment from analysts, combined with Redfin's reported financial challenges such as a revenue decline and high debt levels, suggest a negative short-term impact on RDFN's stock price. The lowered average price target and the detailed financial performance indicators point towards potential difficulties in achieving profitability and managing debt, which are critical factors for investor confidence.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100