RWAY trades 66.6% below Wall Street's consensus target of $8.83.
Last 12 months price action with 12-month analyst target path
The base valuation assumes RWAY achieves its forward estimates and maintains a stable P/E multiple of 4.3x. This scenario reflects the blended consensus of 9 Wall Street analysts, balancing both positive catalysts and macroeconomic headwinds over the next 12 months.
As of June 29, 2026, Runway Growth Finance Corp. (RWAY) has a Wall Street consensus price target of $8.83, based on estimates from 9 covering analysts. With the stock currently trading at $5.30, this represents a potential upside of +66.6%. The company has a market capitalization of $192M.
Analyst price targets range from a low of $6.50 to a high of $10.00, representing a 40% spread in expectations. The median target of $10.00 differs from the mean, suggesting potential outlier estimates.
The current analyst consensus rating is Hold, with 3 analysts rating the stock as a Buy or Strong Buy,5 rating it Hold, and 1 rating it Sell or Strong Sell. The mixed ratings reflect uncertainty about near-term direction.
From a valuation perspective, RWAY trades at a trailing P/E of 5.7x and forward P/E of 4.3x. Analysts expect EPS to grow +1791.2% over the next year.
Our proprietary valuation model, which blends historical multiples with forward estimates, suggests a base-case price target of $0.97, with bear and bull scenarios of $0.61 and $1.28 respectively. Model confidence stands at 43/100, suggesting limited visibility into future performance.
| Company | Market Cap | Price | Target | Upside Potential | Rating | Fwd P/E | Analysts |
|---|---|---|---|---|---|---|---|
TPVGTriplePoint Venture Growth BDC Corp. | $191M | $4.70 | $8.95 | +90.4% | Hold | 5.0x | 12 |
HRZNHorizon Technology Finance Corporation | $195M | $4.41 | $4.25 | -3.6% | Hold | 6.6x | 22 |
HTGCHercules Capital, Inc. | $2.9B | $15.58 | $16.50 | +5.9% | Buy | 8.1x | 31 |
ARCCAres Capital Corporation | $13.1B | $18.19 | $19.00 | +4.5% | Buy | 9.5x | 32 |
GBDCGolub Capital BDC, Inc. | $3.3B | $12.59 | $14.25 | +13.2% | Buy | 9.2x | 12 |
OBDCBlue Owl Capital Corporation | $5.4B | $10.82 | $13.00 | +20.1% | Buy | 8.4x | 13 |
FSCOFS Credit Opportunities Corp. | $977M | $4.83 | — | — | — | — | — |
SLRCSLR Investment Corp. | $678M | $12.42 | $14.50 | +16.7% | Buy | 9.1x | 15 |
CGBDCarlyle Secured Lending, Inc. | $751M | $10.81 | $12.00 | +11.0% | Hold | 7.9x | 7 |
WALWestern Alliance Bancorporation | $8.9B | $81.96 | $88.17 | +7.6% | Buy | 8.6x | 24 |
Quick answers to the most common questions about buying RWAY stock.
The consensus Wall Street price target for RWAY is $8.83, representing 66.6% upside from the current price of $5.3. With 9 analysts covering the stock, this strong upside suggests significant value not yet reflected in today's share price.
RWAY has a consensus rating of "Hold" based on 9 Wall Street analysts. The rating breakdown is mixed, with 5 Hold ratings making up the largest segment. The consensus 12-month price target of $8.83 implies 66.6% upside from current levels.
With a forward P/E of 4.2988x, RWAY trades at a relatively low valuation. The consensus target of $8.83 implies 66.6% appreciation, suggesting meaningful undervaluation.
The most bullish Wall Street analyst has a price target of $10 for RWAY, while the most conservative target is $6.5. The consensus of $8.83 represents the median expectation. Our quantitative valuation model projects a bull case target of $1 based on optimistic growth and margin assumptions. These targets typically reflect 12-month expectations.
RWAY is moderately covered, with 9 analysts providing price targets and ratings. Of these, 0 have Strong Buy ratings, 3 have Buy ratings, 5 recommend Hold, and 1 have Sell or Strong Sell ratings. Higher analyst coverage generally indicates greater institutional interest and more reliable consensus estimates.
The 12-month RWAY stock forecast based on 9 Wall Street analysts shows a consensus price target of $8.83, with estimates ranging from $6.5 (bear case) to $10 (bull case). The median consensus rating is "Hold". Our proprietary valuation model produces a base case fair value of $1, with bear/bull scenarios of $1/$1.
Our quantitative valuation model calculates RWAY's fair value at $1 (base case), with a bear case of $1 and bull case of $1. The model uses discounted cash flow analysis, historical growth rates, and margin mean-reversion to project FY+2 earnings, then applies an appropriate P/E multiple. The model confidence score is 43/100.
RWAY trades at a forward P/E ratio of 4.3x based on next-twelve-months earnings estimates compared to a trailing P/E of 5.7x. The lower forward P/E indicates analysts expect earnings growth. A forward P/E is useful for comparing valuations when earnings are expected to change significantly.
Wall Street analysts are very optimistic on RWAY, with a "Hold" consensus rating and $8.83 price target (66.6% upside). 3 of 9 analysts rate it Buy or Strong Buy. This information is for educational purposes only. Always conduct your own research, consider your financial situation, and consult a financial advisor before making investment decisions.
RWAY analyst price targets range from $6.5 to $10, a 40% moderate spread showing some variance in outlooks. Differences stem from varying assumptions about revenue growth, profit margins, competitive dynamics, and valuation multiples. The $8.83 consensus represents the middle ground. Our model's $1-$1 range provides an independent fundamental perspective.
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