Redfin - RDFN Stock Price Target and Predictions

Target and Analyst Ratings
Price Target History
Upgrades and Downgrades
News Sentiment
About
FAQ

Consensus Rating: Reduce
Consensus Price Target: $7.92
Forecasted Upside: 48.53%
Number of Analysts: 10
Breakdown:
2 Sell Ratings
8 Hold Ratings
0 Buy Ratings
0 Strong Buy Ratings

^$5.33 As of 04/24/2024 05:00 PM ET

▼ -0.04 (-0.74%)

1 month | 3 months | 12 months

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Analyst Price Target for RDFN

^$7.92

▲ +48.53% Upside Potential

This price target is based on 10 analysts offering 12 month price targets for Redfin in the last 3 months. The average price target is $7.92, with a high forecast of $15.00 and a low forecast of $4.00. The average price target represents a 48.53% upside from the last price of $5.33.

Current Consensus is Reduce

The current consensus among 10 investment analysts is to reduce stock in Redfin. This Reduce consensus rating has held steady for over two years.

Past Monthly Recommendations

Move your mouse over past months for details

0 strong buy ratings
0 buy ratings
8 hold ratings
2 sell ratings

Ratings as of

11/1/2022

0 strong buy ratings
0 buy ratings
8 hold ratings
2 sell ratings

Ratings as of

1/30/2023

0 strong buy ratings
0 buy ratings
8 hold ratings
2 sell ratings

Ratings as of

4/30/2023

0 strong buy ratings
0 buy ratings
8 hold ratings
2 sell ratings

Ratings as of

7/29/2023

0 strong buy ratings
0 buy ratings
8 hold ratings
2 sell ratings

Ratings as of

10/27/2023

0 strong buy ratings
0 buy ratings
8 hold ratings
2 sell ratings

Ratings as of

1/25/2024

0 strong buy ratings
0 buy ratings
8 hold ratings
2 sell ratings

Ratings as of

3/25/2024

0 strong buy ratings
0 buy ratings
8 hold ratings
2 sell ratings

Ratings as of

4/24/2024

Latest Recommendations

Show Most Recent Rating from Each Ratings Firm Show All Ratings

Date	Brokerage	Action	Rating	Price Target	Impact on Share Price
3/22/2024	DA Davidson	Reiterated Rating	Neutral ➝ Neutral	$6.75	Low
2/29/2024	Citigroup	Lower Target	Neutral ➝ Neutral	$10.50 ➝ $8.00	Low
2/29/2024	Gordon Haskett	Downgrade	Hold ➝ Underperform	$5.50	Low
2/28/2024	Wedbush	Reiterated Rating	Neutral	$8.00	Low
2/28/2024	Royal Bank of Canada	Lower Target	Sector Perform ➝ Sector Perform	$10.00 ➝ $9.00	Low
12/8/2023	B. Riley	Initiated Coverage	Neutral	$8.00	Low
11/6/2023	Piper Sandler	Lower Target	Underweight ➝ Underweight	$6.00 ➝ $4.00	Low
11/3/2023	Royal Bank of Canada	Lower Target	Sector Perform ➝ Sector Perform	$10.00 ➝ $7.00	Low
11/3/2023	Wedbush	Lower Target	Neutral ➝ Neutral	$11.00 ➝ $8.00	Low
10/24/2023	Wedbush	Reiterated Rating	Neutral ➝ Neutral	$11.00	Low
9/28/2023	DA Davidson	Upgrade	Underperform ➝ Neutral	$8.50 ➝ $8.00	Low
9/26/2023	Gordon Haskett	Upgrade	Underperform ➝ Hold	$8.00 ➝ $7.00	Low
8/15/2023	Oppenheimer	Upgrade	Underperform ➝ Market Perform		Low
8/8/2023	DA Davidson	Lower Target		$10.00 ➝ $8.50	Low
8/7/2023	Citigroup	Boost Target	Neutral ➝ Neutral	$8.60 ➝ $11.00	Low
7/25/2023	Jefferies Financial Group	Boost Target	Hold	$11.00 ➝ $15.00	Low
7/19/2023	Gordon Haskett	Downgrade	Hold ➝ Underperform	$10.50	Low
7/12/2023	DA Davidson	Downgrade	Neutral ➝ Underperform	$10.00	Low
5/26/2023	DA Davidson	Boost Target		$7.50 ➝ $10.00	Low
5/5/2023	Compass Point	Upgrade	Sell ➝ Neutral	$7.00	Low
4/18/2023	Gordon Haskett	Initiated Coverage	Hold		Low
3/9/2023	DA Davidson	Boost Target	Neutral	$5.50 ➝ $7.50	Low
2/27/2023	JPMorgan Chase & Co.	Initiated Coverage	Neutral	$8.00	Low
2/21/2023	Susquehanna	Boost Target	Neutral	$4.50 ➝ $9.00	Low
2/21/2023	Piper Sandler	Boost Target	Underweight	$3.00 ➝ $5.00	Low
2/17/2023	The Goldman Sachs Group	Boost Target	Neutral	$4.50 ➝ $5.00	Low
2/17/2023	Oppenheimer	Boost Target	Underweight	$3.20 ➝ $7.00	Low
2/17/2023	Royal Bank of Canada	Boost Target		$5.00 ➝ $10.00	Low
2/14/2023	Citigroup	Boost Target	Neutral	$5.00 ➝ $8.60	Low
2/7/2023	Piper Sandler	Boost Target	Underweight	$3.00	Low
12/21/2022	Truist Financial	Downgrade	Buy ➝ Hold	$10.00 ➝ $5.50	Low
12/13/2022	Citigroup	Initiated Coverage	Neutral	$5.00	Low
11/25/2022	DA Davidson	Lower Target		$9.50 ➝ $5.50	Low
11/16/2022	Susquehanna Bancshares	Lower Target		$4.50	Low
11/16/2022	Stephens	Lower Target		$4.00	Low
11/15/2022	Evercore ISI	Lower Target		$5.00	Low
11/10/2022	Royal Bank of Canada	Lower Target	Sector Perform	$10.00 ➝ $5.00	Low
11/10/2022	Truist Financial	Lower Target		$16.00 ➝ $10.00	Low
11/10/2022	Compass Point	Downgrade	Neutral ➝ Sell		Low
11/10/2022	Wedbush	Lower Target		$9.00 ➝ $4.00	Low
11/7/2022	Oppenheimer	Downgrade	Market Perform ➝ Underperform		N/A
10/18/2022	The Goldman Sachs Group	Lower Target	Neutral	$9.00 ➝ $5.00	Low
10/6/2022	Jefferies Financial Group	Lower Target	Hold	$12.00 ➝ $6.50	Low
9/12/2022	DA Davidson	Lower Target		$13.50 ➝ $9.50	Low
8/22/2022	Compass Point	Boost Target		$9.00	Low
8/8/2022	Stifel Nicolaus	Lower Target		$10.00 ➝ $9.00	Low
8/1/2022	Truist Financial	Lower Target	Buy	$31.00 ➝ $18.00	Low
7/12/2022	KeyCorp	Initiated Coverage	Sector Weight ➝ Sector Weight		Low
7/11/2022	Wedbush	Downgrade	Outperform ➝ Neutral	$14.00 ➝ $9.00	N/A
6/28/2022	Stifel Nicolaus	Lower Target		$11.00 ➝ $10.00	Low
6/21/2022	Compass Point	Reiterated Rating	Neutral	$8.50	Low
5/9/2022	Susquehanna Bancshares	Lower Target		$25.00 ➝ $13.00	Medium
5/9/2022	Susquehanna	Lower Target		$25.00 ➝ $13.00	High
5/6/2022	Truist Financial	Lower Target		$42.00 ➝ $31.00	Low
5/6/2022	Piper Sandler	Lower Target		$11.00 ➝ $10.00	Medium
4/26/2022	Piper Sandler	Downgrade	Overweight ➝ Underweight	$40.00 ➝ $11.00	Low
4/19/2022	The Goldman Sachs Group	Lower Target	Neutral	$20.00 ➝ $17.50	Low
3/30/2022	The Goldman Sachs Group	Initiated Coverage	Neutral	$20.00	High
2/18/2022	Stephens	Downgrade	Overweight ➝ Equal Weight		High
2/18/2022	Truist Financial	Lower Target		$88.00 ➝ $42.00	High
2/18/2022	Wedbush	Lower Target		$38.00 ➝ $29.00	High
2/18/2022	Stifel Nicolaus	Lower Target	Hold	$44.00 ➝ $36.00	High
2/18/2022	Royal Bank of Canada	Downgrade	Outperform ➝ Sector Perform	$60.00 ➝ $23.00	High
2/18/2022	Piper Sandler	Lower Target		$70.00 ➝ $40.00	High
2/3/2022	Jefferies Financial Group	Lower Target	Hold	$40.00 ➝ $32.00	Low
1/12/2022	Wedbush	Lower Target		$68.00 ➝ $44.00	High
11/22/2021	DA Davidson	Lower Target	Neutral	$62.00 ➝ $50.00	High
11/19/2021	Piper Sandler	Reiterated Rating	Buy	$69.00	High
11/8/2021	Truist Financial	Lower Target	Buy	$90.00 ➝ $88.00	High
11/7/2021	Evercore ISI	Reiterated Rating	Hold	$60.00	High
11/5/2021	Royal Bank of Canada	Lower Target	Positive ➝ Outperform	$66.00 ➝ $60.00	High
11/5/2021	Piper Sandler	Lower Target	In-Line ➝ Overweight	$75.00 ➝ $70.00	High
8/13/2021	Susquehanna Bancshares	Initiated Coverage	Neutral	$60.00	Medium
8/13/2021	Susquehanna	Initiated Coverage	Neutral	$60.00	High
8/11/2021	Wedbush	Lower Target	Outperform	$85.00 ➝ $78.00	Low
8/9/2021	DA Davidson	Lower Target	Neutral	$63.00 ➝ $62.00	Low
8/6/2021	Royal Bank of Canada	Lower Target	Outperform	$68.00 ➝ $66.00	High
7/29/2021	Royal Bank of Canada	Lower Target	Outperform	$70.00 ➝ $68.00	Medium
7/21/2021	Berenberg Bank	Initiated Coverage	Hold	$64.00	Medium
6/3/2021	Stephens	Upgrade	Equal Weight ➝ Overweight	$71.00	Low
5/6/2021	Wedbush	Lower Target	Outperform	$94.00 ➝ $85.00	Low
5/6/2021	Piper Sandler	Lower Target	In-Line ➝ Overweight	$99.00 ➝ $75.00	High
5/6/2021	Oppenheimer	Reiterated Rating	Hold		High
5/3/2021	Needham & Company LLC	Initiated Coverage	Hold		N/A
4/26/2021	Needham & Company LLC	Initiated Coverage	Hold		Low
4/5/2021	Evercore ISI	Initiated Coverage	In-Line	$75.00	Low
2/25/2021	DA Davidson	Boost Target	Neutral	$70.00 ➝ $92.00	High
2/25/2021	Piper Sandler	Boost Target	In-Line ➝ Overweight	$73.00 ➝ $99.00	High
2/25/2021	Oppenheimer	Reiterated Rating	Hold		High
2/23/2021	Truist Financial	Boost Target		$84.00 ➝ $102.00	Medium
2/5/2021	The Goldman Sachs Group	Upgrade	Sell ➝ Neutral	$41.00 ➝ $78.00	Low
1/20/2021	DA Davidson	Reiterated Rating	Buy ➝ Neutral	$54.00 ➝ $70.00	Medium
1/20/2021	DA Davidson	Downgrade	Buy ➝ Neutral	$54.00 ➝ $70.00	Medium
1/12/2021	BTIG Research	Downgrade	Buy ➝ Neutral		High
1/6/2021	Wedbush	Boost Target	Positive ➝ Outperform	$59.00 ➝ $86.00	N/A
12/21/2020	Truist Financial	Boost Target		$63.00 ➝ $84.00	Low
12/21/2020	Oppenheimer	Downgrade	Outperform ➝ Market Perform		High
12/15/2020	Piper Sandler	Boost Target	Overweight	$58.00 ➝ $73.00	High
11/6/2020	Wolfe Research	Initiated Coverage	Outperform		High
11/6/2020	Bank of America	Boost Target	Underperform	$25.00 ➝ $28.00	Medium
11/6/2020	Piper Sandler	Boost Target	Overweight	$56.00 ➝ $58.00	Medium
11/6/2020	Oppenheimer	Reiterated Rating	Buy	$45.00	High
10/16/2020	BTIG Research	Boost Target	Buy	$50.00 ➝ $65.00	High
10/15/2020	Truist Financial	Boost Target		$58.00 ➝ $62.00	High
10/15/2020	Wedbush	Boost Target		$48.00 ➝ $62.00	High
9/24/2020	Piper Sandler	Initiated Coverage	Overweight	$56.00	Low
9/24/2020	DA Davidson	Boost Target	Buy	$47.00 ➝ $54.00	Low
9/14/2020	Truist Financial	Boost Target		$50.00 ➝ $58.00	Low
8/3/2020	Oppenheimer	Boost Target	Positive ➝ Outperform	$27.00 ➝ $45.00	Low
8/3/2020	BTIG Research	Boost Target	In-Line ➝ Buy	$44.00 ➝ $50.00	Low
8/3/2020	Compass Point	Downgrade	Buy ➝ Neutral	$36.00	Low
7/29/2020	Stifel Nicolaus	Boost Target	Hold	$23.00 ➝ $38.00	Low
7/28/2020	Susquehanna Bancshares	Downgrade	Neutral ➝ Negative	$24.00 ➝ $32.00	High
7/27/2020	Zelman & Associates	Upgrade	Hold ➝ Buy		High
7/24/2020	Wedbush	Boost Target	Outperform	$40.00 ➝ $46.00	Medium
7/20/2020	The Goldman Sachs Group	Boost Target	Average ➝ Sell	$19.00 ➝ $30.00	High
7/13/2020	Bank of America	Downgrade	Neutral ➝ Underperform	$24.00	Low
7/9/2020	Royal Bank of Canada	Downgrade	Outperform ➝ Sector Perform	$41.00	High
6/26/2020	BTIG Research	Reiterated Rating	Buy	$44.00	Low
6/25/2020	SunTrust Banks	Boost Target	Buy	$30.00 ➝ $48.00	Low
6/11/2020	DA Davidson	Boost Target	Buy	$27.00 ➝ $42.00	Medium
6/10/2020	BTIG Research	Initiated Coverage	Buy		High
5/19/2020	Needham & Company LLC	Initiated Coverage	Hold		High
5/11/2020	Susquehanna Bancshares	Downgrade	Positive ➝ Neutral	$18.00 ➝ $24.00	High
5/11/2020	Stephens	Boost Target	Equal Weight	$19.00 ➝ $26.00	High
5/10/2020	SunTrust Banks	Boost Target	Buy	$26.00 ➝ $30.00	Low
5/8/2020	Royal Bank of Canada	Boost Target	Outperform	$24.00 ➝ $25.00	Low
5/8/2020	Oppenheimer	Reiterated Rating	Buy	$27.00	High
5/8/2020	Needham & Company LLC	Reiterated Rating	Hold		High
5/6/2020	Royal Bank of Canada	Reiterated Rating	Buy	$24.00	Medium
5/1/2020	SunTrust Banks	Reiterated Rating	Buy	$30.00 ➝ $26.00	High
4/24/2020	DA Davidson	Lower Target	Sell ➝ Buy	$32.00 ➝ $26.00	Low
4/20/2020	Stephens	Downgrade	Overweight ➝ Equal Weight	$32.00 ➝ $19.00	Medium
3/29/2020	Royal Bank of Canada	Reiterated Rating	Buy	$24.00	Low
3/27/2020	The Goldman Sachs Group	Boost Target	Sell	$16.00 ➝ $23.00	Low
3/27/2020	SunTrust Banks	Reiterated Rating	Buy	$30.00	Low
3/24/2020	Needham & Company LLC	Upgrade	Underperform ➝ Hold		High
3/18/2020	Wedbush	Lower Target	Outperform	$31.00 ➝ $18.00	High
2/28/2020	KeyCorp	Initiated Coverage	Sector Weight ➝ Sector Weight		High
2/13/2020	Bank of America	Boost Target	Neutral	$22.00 ➝ $26.00	High
2/13/2020	SunTrust Banks	Boost Target	Buy ➝ Positive	$30.00	High
2/13/2020	Wedbush	Boost Target	Outperform	$28.00 ➝ $31.00	High
2/13/2020	Royal Bank of Canada	Reiterated Rating	Outperform	$31.00	High
2/13/2020	Stephens	Boost Target	Overweight	$30.00 ➝ $33.00	High
2/13/2020	Oppenheimer	Boost Target	Outperform	$24.00 ➝ $31.00	High
2/11/2020	SunTrust Banks	Reiterated Rating	Buy ➝ Buy	$25.00	Medium
1/27/2020	Stephens	Reiterated Rating	Overweight	$25.00 ➝ $30.00	Low
1/16/2020	Wedbush	Reiterated Rating	Outperform	$26.00	Low
12/10/2019	DA Davidson	Upgrade	Neutral ➝ Buy	$18.50 ➝ $25.00	Medium
11/7/2019	Piper Sandler Companies	Boost Target	Overweight	$26.00 ➝ $28.00	High
11/7/2019	Zelman & Associates	Upgrade	Hold ➝ Buy		Low
11/4/2019	SunTrust Banks	Reiterated Rating	Buy	$24.00	Low
10/15/2019	DA Davidson	Set Target	Hold	$17.50	Low
10/8/2019	Susquehanna Bancshares	Set Target	Buy	$23.00	Low
9/9/2019	Stephens	Set Target	Buy	$24.00	Low
8/21/2019	Craig Hallum	Upgrade	Hold ➝ Buy	$24.00	Medium
8/2/2019	Stifel Nicolaus	Boost Target	Hold	$18.00 ➝ $20.00	High
8/2/2019	Bank of America	Boost Target	Neutral	$21.00 ➝ $22.00	High
8/2/2019	Compass Point	Upgrade	Neutral ➝ Buy	$24.00	High
7/29/2019	Craig Hallum	Initiated Coverage	Hold ➝ Hold	$20.00	Medium
7/19/2019	KeyCorp	Initiated Coverage	Sector Weight ➝ Sector Weight	$18.00 ➝ $18.00	Low
7/17/2019	Susquehanna Bancshares	Upgrade	Neutral ➝ Positive	$23.00	Low
7/12/2019	Wedbush	Set Target	Buy	$30.00	Medium
7/9/2019	SunTrust Banks	Initiated Coverage	Buy	$23.00	Low
7/2/2019	DA Davidson	Set Target	Hold	$16.00	Low
6/21/2019	Cowen	Set Target	Buy	$24.00	Low
6/10/2019	Stephens	Upgrade	Underweight ➝ Overweight	$18.00 ➝ $23.00	High
5/22/2019	DA Davidson	Upgrade	Underperform ➝ Neutral	$16.00	Low
5/9/2019	Wedbush	Reiterated Rating	Outperform	$30.00	High
5/9/2019	Compass Point	Downgrade	Buy ➝ Neutral	$25.00 ➝ $22.00	High

(Data available from 4/24/2019 forward)

News Sentiment Rating

0.19 (Hold)

Our news sentiment rating is based on the average sentiment of articles about this company published in the media in the last 30 days of headlines and can range from 2 (very positive sentiment) to -2 (very negative sentiment).

News Sentiment Over Time

Move your mouse over past months for details

6 very positive mentions
16 positive mentions
3 negative mentions
2 very negative mentions

Mentions as of

9/27/2023

3 very positive mentions
23 positive mentions
3 negative mentions
4 very negative mentions

Mentions as of

10/27/2023

4 very positive mentions
12 positive mentions
6 negative mentions
2 very negative mentions

Mentions as of

11/26/2023

7 very positive mentions
18 positive mentions
6 negative mentions
0 very negative mentions

Mentions as of

12/26/2023

7 very positive mentions
18 positive mentions
5 negative mentions
0 very negative mentions

Mentions as of

1/25/2024

15 very positive mentions
25 positive mentions
7 negative mentions
1 very negative mentions

Mentions as of

2/24/2024

15 very positive mentions
46 positive mentions
10 negative mentions
1 very negative mentions

Mentions as of

3/25/2024

9 very positive mentions
41 positive mentions
7 negative mentions
1 very negative mentions

Mentions as of

4/24/2024

Current Sentiment

Recent Stories by Sentiment

Redfin Corporation operates as a residential real estate brokerage company in the United States and Canada. The company operates an online real estate marketplace and provides real estate services, including assisting individuals in the purchase or sell of home. It also provides title and settlement services; and originates and sells mortgages. In addition, the company uses digital platforms to connect consumers with rental properties. The company was formerly known as Appliance Computing Inc. and changed its name to Redfin Corporation in May 2006. Redfin Corporation was incorporated in 2002 and is headquartered in Seattle, Washington.

Today's Range

Now: $5.33

$5.26

$5.47

50 Day Range

MA: $6.40

$5.20

$7.88

52 Week Range

Now: $5.33

$4.26

$17.68

Volume

3,343,901 shs

Average Volume

5,203,073 shs

Market Capitalization

$635.55 million

P/E Ratio

N/A

Dividend Yield

N/A

Beta

2.66

Frequently Asked Questions

What sell-side analysts currently cover shares of Redfin?: The following equities research analysts have issued research reports on Redfin in the last year: B. Riley, Citigroup Inc., Compass Point, DA Davidson, Gordon Haskett, Jefferies Financial Group Inc., Oppenheimer Holdings Inc., Piper Sandler, Royal Bank of Canada, and Wedbush.
View the latest analyst ratings for RDFN.
What is the current price target for Redfin?: 9 Wall Street analysts have set twelve-month price targets for Redfin in the last year. Their average twelve-month price target is $7.92, suggesting a possible upside of 48.5%. Jefferies Financial Group Inc. has the highest price target set, predicting RDFN will reach $15.00 in the next twelve months. Piper Sandler has the lowest price target set, forecasting a price of $4.00 for Redfin in the next year.
View the latest price targets for RDFN.
What is the current consensus analyst rating for Redfin?: Redfin currently has 2 sell ratings and 8 hold ratings from Wall Street analysts. The stock has a consensus analyst rating of "Reduce."
View the latest ratings for RDFN.
What other companies compete with Redfin?: Other companies that are similar to Redfin include Anywhere Real Estate, Bluegreen Vacations, Offerpad Solutions, RE/MAX and Marcus & Millichap. Learn More about companies similar to Redfin.
How do I contact Redfin's investor relations team?: Redfin's physical mailing address is 1099 STEWART STREET SUITE 600, SEATTLE WA, 98101. The company's listed phone number is (206) 576-8610 and its investor relations email address is [email protected]. The official website for Redfin is www.redfin.com. Learn More about contacing Redfin investor relations.

Redfin - RDFN Stock Price Target and Predictions

Analyst Price Target for RDFN

Current Consensus is Reduce

Past Monthly Recommendations

Latest Recommendations

News Sentiment Rating

0.19 (Hold)

News Sentiment Over Time

Current Sentiment

Recent Stories by Sentiment

Very Negative

Negative

Positive

Very Positive

Today's Range

50 Day Range

52 Week Range

Volume

Average Volume

Market Capitalization

P/E Ratio

Dividend Yield

Beta

Frequently Asked Questions

What sell-side analysts currently cover shares of Redfin?

What is the current price target for Redfin?

What is the current consensus analyst rating for Redfin?

What other companies compete with Redfin?

How do I contact Redfin's investor relations team?