Redfin (RDFN, Financial) has received an updated stock target price from Stephens & Co., as reported on May 8, 2025. Analyst John Campbell has maintained the "Overweight" rating for Redfin, reflecting a continued positive outlook on the stock despite some adjustments.
The target price for Redfin (RDFN, Financial) has been lowered from a prior level of $12.50 to a new target of $11.00. This adjustment indicates a decrease of approximately 12% in the estimated stock value. The rating, however, remains unchanged at "Overweight," suggesting that the analyst continues to see the potential for the stock to outperform its peers.
The revised price target is set in USD, aligning with the standard currency for this NASDAQ-listed ticker (RDFN, Financial). Stephens & Co.'s analysis provides investors with updated guidance on Redfin's stock potential. Keep informed with the latest stock market updates to understand how these changes might impact market dynamics and investment decisions.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 10 analysts, the average target price for Redfin Corp (RDFN, Financial) is $10.00 with a high estimate of $12.50 and a low estimate of $6.30. The average target implies an upside of 8.64% from the current price of $9.21. More detailed estimate data can be found on the Redfin Corp (RDFN) Forecast page.
Based on the consensus recommendation from 14 brokerage firms, Redfin Corp's (RDFN, Financial) average brokerage recommendation is currently 2.9, indicating "Hold" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Redfin Corp (RDFN, Financial) in one year is $6.77, suggesting a downside of 26.45% from the current price of $9.205. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Redfin Corp (RDFN) Summary page.
