Rain Enhancement Technologies (RAIN) Stock Forecast, Price Target & Predictions
RAIN Stock Rating
Rain Enhancement Technologies stock's rating consensus is Hold, based on 12 Wall Street analysts. The breakdown includes 0 Strong Buy (0.00%), 4 Buy (33.33%), 8 Hold (66.67%), 0 Sell (0.00%), and 0 Strong Sell (0.00%).
Hold
RAIN Price Target Upside V Benchmarks
| Type | Name | Upside |
|---|---|---|
| Stock | Rain Enhancement Technologies | - |
| Sector | Utilities Stocks | 6.06% |
Price Target Trends
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | - | - |
| Avg Price Target | - | - | - |
| Last Closing Price | $5.82 | $5.82 | $5.82 |
| Upside/Downside | - | - | - |
Ratings Trends
| Date | Strong Buy | Buy | Hold | Sell | Strong Sell | Total |
|---|---|---|---|---|---|---|
| Feb, 24 | - | - | - | - | - | - |
| Jan, 24 | - | - | 9 | - | - | 9 |
| Dec, 23 | - | - | 9 | - | - | 9 |
| Nov, 23 | - | - | - | - | - | - |
| Oct, 23 | - | - | - | - | - | - |
Analyst Price Target Forecasts
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|
Analyst Rating Forecasts
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| May 23, 2023 | Mizuho Securities | Buy | Buy | hold |
| Mar 21, 2023 | Wells Fargo | Overweight | initialise | |
| Nov 23, 2022 | Citigroup | Buy | Buy | hold |
Financial Forecast
EPS Forecast
Annual
| Dec 22 | Dec 23 | Dec 24 | Dec 25 | Dec 26 | |
|---|---|---|---|---|---|
| Reported | $-16.26 | $-0.06 | $-2.29 | - | - |
| Avg Forecast | $-2.53 | $-1.75 | $-0.88 | $-0.72 | $-0.80 |
| High Forecast | $-2.53 | $-1.45 | $-0.47 | $-0.72 | $-0.80 |
| Low Forecast | $-2.53 | $-2.05 | $-1.29 | $-0.72 | $-0.80 |
| Surprise % | 542.69% | -96.57% | 160.23% | - | - |
Revenue Forecast
Annual
| Dec 22 | Dec 23 | Dec 24 | Dec 25 | Dec 26 | |
|---|---|---|---|---|---|
| Reported | - | - | - | - | - |
| Avg Forecast | $-90.00K | - | - | - | - |
| High Forecast | $-66.15K | - | - | - | - |
| Low Forecast | $-115.50K | - | - | - | - |
| Surprise % | - | - | - | - | - |
Net Income Forecast
Annual
| Dec 22 | Dec 23 | Dec 24 | Dec 25 | Dec 26 | |
|---|---|---|---|---|---|
| Reported | $-75.72M | $-437.01K | $-4.53M | - | - |
| Avg Forecast | $-83.27M | $-12.01M | $-6.04M | $-4.94M | $-5.49M |
| High Forecast | $-70.83M | $-9.95M | $-3.22M | $-4.94M | $-5.49M |
| Low Forecast | $-70.83M | $-14.06M | $-8.85M | $-4.94M | $-5.49M |
| Surprise % | -9.06% | -96.36% | -24.91% | - | - |