RideNow Group

RDNW · NASDAQ

$4.93+$0.04 (+0.82%)TodayMarket closed · Oct 20, 7:30 PM ET

Prev close $4.89

RDNW analyst rating

HoldConsensus of 2 analysts over the last 12 months. 0% rate it a buy.

Strong buy0
Buy0
Hold2
Underperform0
Sell0

12-month price target · 5 analysts

Average $8.84 (+79.3% upside)

Low: $8.08
Now: $4.93
High: $9.45

Upgrades and downgrades

The latest rating actions, newest first

RDNW analyst upgrades, downgrades and rating actions
Firm	Date	Action	Rating	Price target	Hit rate
DA Davidson	Aug 12, 2026	Maintains	Neutral	$9.00 → $8.00	62%
Baird	May 15, 2026	Maintains	Neutral	$7.00 → $9.00	45%
DA Davidson	Mar 10, 2026	Maintains	Neutral	$6.00	62%
Baird	Mar 10, 2026	Maintains	Neutral	$5.00 → $7.00	45%
DA Davidson	Nov 5, 2025	Maintains	Neutral	$3.00 → $4.00	62%

The case for and against

Updated Aug 28, 2026

Bull case

RideNow Group is a positive outlook for the stock, as the company's year-to-date performance has outperformed the market due to an increase in same-store sales and a decrease in SG&A expenses, resulting in a 19.2% growth in adjusted EBITDA last year. The company's balance sheet has also improved, with a decrease in debt and an increase in free cash flow. This has allowed for potential M&A activity and a possible debt refinance in the future. Despite mixed top-line trends, RideNow Group has shown consistent growth and momentum in its sales, indicating a positive outlook for the company in the powersports market.

Bear case

RideNow Group is showing signs of a potential turnaround with its fourth straight quarter of revenue and unit increases on a same-store sales basis. However, this recent growth may have been driven by temporary factors such as tax refunds, and the macroeconomic environment remains volatile for the company due to its exposure to higher interest rates. Additionally, the company may face increased competition in its online used vehicle segment through the launch of a new marketplace by Harley Davidson. Overall, the potential risks and their impact on the company's revenues and financing make it difficult to have a positive outlook on RideNow Group's stock.

Information on this page is provided for informational purposes only and is not a recommendation to buy, sell or hold any security. Investing involves risk, including possible loss of principal. Market data is delayed at least 15 minutes and is provided without warranty. Analyst ratings, price targets and company data come from third-party sources. Past performance does not guarantee future results.