Runway Growth Finance Corp has a consensus price target of $11.72 based on the ratings of 10 analysts. The high is $13.5 issued by UBS on March 18, 2024. The low is $10 issued by Wells Fargo on October 29, 2024. The 3 most-recent analyst ratings were released by Wells Fargo, Compass Point, and Wells Fargo on October 29, 2024, August 15, 2024, and August 12, 2024, respectively. With an average price target of $10.75 between Wells Fargo, Compass Point, and Wells Fargo, there's an implied 4.27% upside for Runway Growth Finance Corp from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Runway Gwth Fin (NASDAQ:RWAY) was reported by Wells Fargo on October 29, 2024. The analyst firm set a price target for $10.00 expecting RWAY to fall to within 12 months (a possible -3.01% downside). 14 analyst firms have reported ratings in the last year.
The latest analyst rating for Runway Gwth Fin (NASDAQ:RWAY) was provided by Wells Fargo, and Runway Gwth Fin maintained their equal-weight rating.
The last upgrade for Runway Growth Finance Corp happened on August 15, 2024 when Compass Point raised their price target to $11.25. Compass Point previously had a neutral for Runway Growth Finance Corp.
The last downgrade for Runway Growth Finance Corp happened on May 8, 2024 when Compass Point changed their price target from N/A to $12.75 for Runway Growth Finance Corp.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Runway Gwth Fin, 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 Runway Gwth Fin was filed on October 29, 2024 so you should expect the next rating to be made available sometime around October 29, 2025.
While ratings are subjective and will change, the latest Runway Gwth Fin (RWAY) rating was a maintained with a price target of $11.00 to $10.00. The current price Runway Gwth Fin (RWAY) is trading at is $10.31, which is out of the analyst’s predicted range.
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