If you are looking for stock with good return on your investment, RDW stock can be your sure investment option.
In this article, we will show you all you need to know about the RDW Stock, how you can buy the stock with ease, and expert price prediction from 2023 to 2030.
About RDW Stock
RDW stock is the financial instrument of Redwire Corporation, an American aerospace producer and infrastructure equipment Company with headquarters in Jacksonville, Florida and founded on June 1, 2020.
Is RDW Stock Publicly Traded?
Yes. Space Technology Company Redwire announced September 2 2021 that it closed its merger with a SPAC, taking the company public and providing it with capital for future acquisitions.
Redwire began trading in the New York stock Exchange (NYSE) under the ticker symbol ‘RDW’.
Shares of Redwire surged 16.6% to close its first day of trading at $12.24. Redwire is the sixth space company to close a SPAC deal at IPO.
RDW Stock Price Target
The 1 analysts offering 12-month price forecasts for RDW have a median target of 10.00, with a high estimate of 10.00 and a low estimate of 10.00. The median estimate represents a +153.79% increase from the last price of 3.95.
Penworld Gurus forecast of RDW stock price pointed to a long-term increase. And a 12-month price target has a median price of 5.5, with a high estimate of 7.00 and low estimate of 4.00.
Is RDW a Good Buy Now?
There is a consensus among 7 polled investment analysts that Redwire stock is a good buy. This rating has held stable since September 2022 and remained unchanged.
Also, the consensus among 1 Wall Street analyst covering (NYSE: RDW) stock is that RDW is a Strong Buy. This follows that out of 1 analyst: 1 (100%) recommended RDW as Strong Buy, 0 (0%) recommended RDW as both hold and sell. Since the short-term average is above the long-term average there is a general buy signal for RDW giving a positive forecast for the stock.
What is the Future of RDW Stock?
The Wall Street analyst predicted that RDW share price could reach $11.00 by Aug 14, 2023.
The average Redwire stock price prediction forecasts a potential upside of 185% from the current RDW share price of $3.75. This prediction falls within the range of the Penworld Gurus price forecast of RDW.
How You Can Buy RDW Stock
To buy the Redwire Stock you must follow the steps below:
Step 1: Compare Trading Platforms
This will help you make a good choice of brokerage that suits your investment target. Use some comparison tables to help you find a platform that fits you.
Step 2: Open Your Brokerage Account
Find a broker that suits your investment needs and ensure it trades in the exchange platform that holds NYSE:RDW.
This is your trading account to be opened with the brokerage firm. You must complete an application with your details and follow other procedures required by your broker.
Step 3: Confirm Your Payment Details
You need to deposit sufficient money to your account so that you can trade. Ensure your payment detail is correct before you make such transfer using appropriate payment means.
Step 4: Research Further for the Stock
Conduct a research online to locate the stock you want to buy. Find the stock by name or ticker symbol, in this case, RDW, and research it before deciding if it is a good investment for you now.
Step 5: Purchase Now or Later
Buy your preferred quantity of RDW stock with a market order or use a limit order to delay your purchase until the stock reaches a desired price.
Step 6: Check In On Your Investment
Optimize your portfolio by tracking your stock regularly so as to know when your investment target is attained.
RDW Stock Price Prediction 2023, 2024-2030
The prediction used Moving Average and Discounted Cash Flow (DCF) Models to evaluate the RDW price movement.
RDW Stock Price Prediction 2023
RDW Stock price is estimated to reach maximum at $8.56 by the end of 2023.
The price is estimated to drop to as low as $2.79
The average price is expected to reach $5.67. This means RDW price value may reach $5.60 per share by the end of 2023. Average price volatility is measured at 3.12%.
RDW Stock Price Prediction 2024
In 2024, analysts predict that RDW Stock will attain maximum trading price of $12.58 and the minimum price is projected to reach $4.06.
The average price is estimated at $8.32 in the year, meaning that RDW stock will trade at about of $8.30 per share given average price volatility at 3.16%.
RDW Stock Price Prediction 2025
The year 2025 is projected to reach maximum price of $16.97 and a minimum price value of $4.13.
The average price estimated as $10.54 with average price volatility at 2.48%. We conclude that RDW will trade at $10.50 per share in the year.
RDW Stock Price Prediction 2026
Technical analysis by our stock experts shows that the price of RDW Stock in 2026 will reach $4.28 minimum and $25.80 maximum.
The expected average trading price-value is $15.04 with average price volatility measured at 3.10%. We conclude RDW will trade at about $15.00 per share in the year. This means that in 2026 RDW shares would have bounced higher and exceeded its IPO price.
RDW Stock Price Prediction 2027
Based on the prevailing positive signals for RDW stock, the price is predicted to go up to minimum of $4.63 and reaching the maximum at $35.75
The average price is estimated at $20.19 with average price volatility measured at 4.03%. There is evidence that the price of RDW will reach $20.00 per share in the year 2027.
RDW Stock Price Prediction 2028
The year 2028 will maintains the growing trend of RDW. It is expected to reach a maximum of $43.05 and a minimum of $4.98.
The average trading price is $24.02 with 3.17% average price volatility for the year. There is evidence that RDW may reach $24.00 per share in 2028.
RDW Stock Price Prediction 2029
Since RDW is projected to continue with a long term growth trend we expect steady upward swing in 2029. It is estimated there will be $7.02 minimum price and $51.60 maximum price during the year.
On the average, the RDW trading price is $29.31and average price volatility is measured at 4.12%. There is evidence RDW will reach $29.00 per share this year.
RDW Stock Price Prediction 2030
We expect RDW Stock to reach maximum at $64.59 by the year 2030 with the minimum price value expected at $8.21.
The average price of RDW is estimated at $36.40. This means RDW stock will reach $36.00 per share in the year 2030 with 4.32% average price volatility.
In the next 8 years the value of RDW per share would reach $36.00. This means that your investment on 1000 units of RDW shares at today’s price of $3.95 (3.95 x 1000=$3,950) will return $36,000 to you in the year 2030.
You are expected to make a profit of $32,050 on your investment. We conclude that RDW is a growth stock that holds the future for all classes of investors. With low annual implied volatility you are sure of investing in RDW at a lower risk.