| Date | Upside/Downside | Analyst Firm | Price Target Change | Rating Change | Previous / Current Rating |
|---|---|---|---|---|---|
| 11/09/2023 | 44.51% | Canaccord Genuity | $3 → $2.5 | Downgrades | Buy → Hold |
| 08/09/2023 | -19.08% | Cantor Fitzgerald | $1.9 → $1.4 | Maintains | Overweight |
| 06/20/2023 | 9.83% | Cantor Fitzgerald | → $1.9 | Reiterates | Overweight → Overweight |
| 05/23/2023 | 9.83% | Cantor Fitzgerald | $2.6 → $1.9 | Maintains | Overweight |
| 05/23/2023 | 73.41% | Canaccord Genuity | $4 → $3 | Maintains | Buy |
| 03/09/2023 | 131.21% | Canaccord Genuity | $5 → $4 | Maintains | Buy |
| 09/30/2022 | 189.02% | Cantor Fitzgerald | → $5 | Initiates Coverage On | → Overweight |
| 09/19/2022 | 478.03% | Jefferies | → $10 | Initiates Coverage On | → Buy |
| 09/09/2022 | 478.03% | Canaccord Genuity | → $10 | Initiates Coverage On | → Buy |
What is the target price for Rubicon Technologies (RBT)?
The latest price target for Rubicon Technologies (NYSE: RBT) was reported by Canaccord Genuity on November 9, 2023. The analyst firm set a price target for $2.50 expecting RBT to rise to within 12 months (a possible 44.51% upside). 6 analyst firms have reported ratings in the last year.
What is the most recent analyst rating for Rubicon Technologies (RBT)?
The latest analyst rating for Rubicon Technologies (NYSE: RBT) was provided by Canaccord Genuity, and Rubicon Technologies downgraded their hold rating.
When is the next analyst rating going to be posted or updated for Rubicon Technologies (RBT)?
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Rubicon Technologies, 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 Rubicon Technologies was filed on November 9, 2023 so you should expect the next rating to be made available sometime around November 9, 2024.
Is the Analyst Rating Rubicon Technologies (RBT) correct?
While ratings are subjective and will change, the latest Rubicon Technologies (RBT) rating was a downgraded with a price target of $3.00 to $2.50. The current price Rubicon Technologies (RBT) is trading at is $1.73, which is out of the analyst's predicted range.