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What is Redfin price target?

Published in Stock Price Target 2 mins read

What is Redfin's Price Target?

Redfin's (RDFN) price targets, as set by analysts, vary, with a median target of $8.15. These targets reflect different perspectives on the stock's potential future value.

Analyst price targets for a stock like Redfin provide insights into where investment professionals believe its share price could go over a specific period, typically 12 months. These targets are derived from various financial models, market analysis, and expectations regarding the company's performance and industry trends.

Here's a breakdown of the recent price targets for Redfin (RDFN):

Target Type Price Target
High $15.00
Median $8.15
Low $6.50
Average $9.18
Current Price $8.54
  • High Target: The most optimistic forecast, suggesting significant upside potential.
  • Median Target: The middle value among all analyst estimates, often considered a good indicator of consensus.
  • Low Target: The most conservative forecast, indicating potential downside or limited growth.
  • Average Target: The arithmetic mean of all analyst estimates.
  • Current Price: The stock's most recent trading price, providing context for the targets.

These targets are dynamic and can change as new financial data becomes available, market conditions evolve, or analysts update their outlooks. Investors often consider these targets, alongside their own research, when evaluating a stock.

For the most current analyst estimates and ratings for Redfin, you can refer to reputable financial sources like The Wall Street Journal's market data section for Redfin Corp. (RDFN) analyst estimates and ratings.