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Rain Enhancement

RAINNASDAQ
Logo brought to you by Benzinga Data
$3.86
-0.16-3.98%
At close: -
$3.66
-0.20-5.18%
After Hours: Jan 29, 8:04 AM EDT
Consensus Rating1
Neutral
Highest Price Target1
$21.00
Lowest Price Target1
$1.00
Consensus Price Target1
$7.88

Rain Enhancement (NASDAQ:RAIN) Stock, Analyst Ratings, Price Targets, Forecasts

Rain Enhancement Technologies Holdco Inc has a consensus price target of $7.88 based on the ratings of 12 analysts. The high is $21 issued by Roth Capital on January 31, 2023. The low is $1 issued by Citigroup on September 18, 2023. The 3 most-recent analyst ratings were released by Citigroup, Mizuho, and Roth MKM on September 18, 2023, June 5, 2023, and May 30, 2023, respectively. With an average price target of $1.07 between Citigroup, Mizuho, and Roth MKM, there's an implied -70.86% downside for Rain Enhancement Technologies Holdco Inc from these most-recent analyst ratings.

Analyst Rating and Forecast
12345
3.5
Buy
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

Citigroup
Mizuho
Roth MKM
EF Hutton
Piper Sandler

1calculated from analyst ratings

Analyst Ratings for Rain Enhancement

Data brought to you by Benzinga APIs

FAQ

Q

What is the target price for Rain Enhancement (RAIN) stock?

A

The latest price target for Rain Enhancement (NASDAQ:RAIN) was reported by Citigroup on September 18, 2023. The analyst firm set a price target for $1.00 expecting RAIN to fall to within 12 months (a possible -72.68% downside). 0 analyst firms have reported ratings in the last year.

Q

What is the most recent analyst rating for Rain Enhancement (RAIN)?

A

The latest analyst rating for Rain Enhancement (NASDAQ:RAIN) was provided by Citigroup, and Rain Enhancement maintained their neutral rating.

Q

When was the last upgrade for Rain Enhancement (RAIN)?

A

There is no last upgrade for Rain Enhancement

Q

When was the last downgrade for Rain Enhancement (RAIN)?

A

The last downgrade for Rain Enhancement Technologies Holdco Inc happened on June 5, 2023 when Mizuho changed their price target from $17 to $1 for Rain Enhancement Technologies Holdco Inc.

Q

When is the next analyst rating going to be posted or updated for Rain Enhancement (RAIN)?

A

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Rain Enhancement, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Rain Enhancement was filed on September 18, 2023 so you should expect the next rating to be made available sometime around September 18, 2024.

Q

Is the Analyst Rating Rain Enhancement (RAIN) correct?

A

While ratings are subjective and will change, the latest Rain Enhancement (RAIN) rating was a maintained with a price target of $1.50 to $1.00. The current price Rain Enhancement (RAIN) is trading at is $3.66, which is out of the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.