$2.21
0.90% yesterday
Nasdaq, Sep 26, 10:00 pm CET
ISIN
US75946W2070
Symbol
RELI

Reliance Global Group Inc Target price 2024 - Analyst rating & recommendation

Reliance Global Group Inc Classifications & Recommendation:

Buy
100%

Reliance Global Group Inc Price Target

Target Price $119.00
Price $2.21
Potential
Number of Estimates 1
1 Analyst has issued a Reliance Global Group Inc price target 2025. The average Reliance Global Group Inc target price is $119.00. This is higher than the current stock price.
A rating was issued by 1 analysts: 1 Analysts recommend Reliance Global Group Inc to buy, 0 to hold and 0 to sell.
Analysts don't have a crystal ball either, but they do represent the opinion of the market quite well. You should not take the price potential and the ratings as a recommendation to act. Rather, they serve as an additional building block for your own opinion or stock analysis.
Analyst Estimates: Analysts believe that the Reliance Global Group Inc stock has an average upside potential 2025 of . Most analysts recommend the Reliance Global Group Inc stock at Purchase.

Sales and Margin forecast 2024, 2025 & 2026

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Dec '23 2024
Estimates
Revenue Million $ 13.73 22.83
18.08% 66.25%
Net Margin -664.30% 12.04%
25,389.06% 101.81%

1 Analyst has issued a sales forecast Reliance Global Group Inc 2024 . The average Reliance Global Group Inc sales estimate is

$22.8m
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. This is
64.10% higher
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than the revenue of the last 12 months(TTM). The highest sales forecast is
$22.8m 64.10%
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, the lowest is
$22.8m 64.10%
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.

This results in the following potential growth metrics:

Revenue Estimates

2023 $13.7m 18.08%
2024
$22.8m 66.25%
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The average Reliance Global Group Inc net profit estimate is

$2.8m
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. This is
103.14% higher
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than the net profit for the last 12 months(TTM).

This results in the following potential growth metrics and future Net Margins:

Net Profit Estimates

2023 $-91.2m 20,780.95%
2024
$2.8m 103.02%
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Net Margin

2023 -664.30% 25,389.06%
2024
12.04% 101.81%
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Earnings per share, P/E ratio and EV/sales Estimates 2024, 2025 & 2026

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Dec '23 2024
Estimates
Earnings Per Share $ -87.70 8.33
20,780.95% 109.50%
P/E 0.49
EV/Sales 0.69

The average Reliance Global Group Inc <a href=https://blog.stocksguide.com/knowledge/eps-simply-explained>EPS is

$8.33
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. This is
109.88% higher
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than earnings per share in the financial year 2023.

This results in the following potential growth metrics and future valuations:

Earnings Per Share

2023 $-87.70 20,780.95%
2024
$8.33 109.50%
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P/E ratio

Current -0.03 84.21%
2024
0.49 1,733.33%
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Based on analysts' sales estimates for 2024, the Reliance Global Group Inc stock is valued at an <a href=https://blog.stocksguide.com/knowledge/enterprise-value-sales-simply-explained>EV/Sales of

and an <a href=https://blog.stocksguide.com/knowledge/price-sales-ratio-simply-explained>P/S ratio of .

This results in the following potential growth metrics and future valuations:

EV/Sales

Current 1.00 17.36%
2024
0.69 30.65%
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P/S ratio

Current 0.20 42.78%
2024
0.16 16.85%
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