Wall Street Zen upgrades Red Violet stock to Buy as target hits USD 83.50

Published on 10/20/2026 at 18:59 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Second-quarter revenue beat estimates at USD 26.72 million. Red Violet stock costs EUR 68.25 on October 20, 2026, up 1.87 percent on Nasdaq.

Analyst view and operating figures

Wall Street Zen upgraded Red Violet from Hold to Buy on October 10, 2026, alongside a USD 83.50 average target.
Second-quarter revenue reached USD 26.72 million, while net income was USD 4.96 million.
Red Violet stock costs EUR 68.25 at Lang & Schwarz on October 20, 2026 at 6:49 p.m. CEST, up 1.87 percent on Nasdaq versus the prior close.
The Nasdaq-listed company had a USD 1.2 billion market capitalization and a 66.56 earnings multiple.

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Wall Street Zen upgraded Red Violet from Hold to Buy on October 10, 2026, while MarketBeat reported a six-analyst Buy consensus and a USD 83.50 average target. Red Violet stock was trading at EUR 68.25 at Lang & Schwarz on October 20, 2026 at 6:49 p.m. CEST, up 1.87 percent on Nasdaq versus the prior close of October 19, 2026.

Analyst support meets stronger revenue

The analyst backdrop remains the most immediate valuation reference. Needham began coverage with a Buy rating and a USD 90.00 target on September 1, 2026, while Lake Street Capital raised its target from USD 62.00 to USD 73.00 on August 11, 2026, according to MarketBeat. The range of targets gives investors a clear measure of how expectations have moved since the second-quarter report.

Red Violet reported second-quarter 2026 revenue of USD 26.72 million, up 3.44 percent from USD 25.83 million in the first quarter. Net income reached USD 4.96 million, compared with USD 4.39 million in the first quarter, while diluted earnings per share rose to USD 0.34 from USD 0.30. These figures come from the company's reported quarterly statements for the period ended June 30, 2026.

Stock position and valuation

The latest market figures place the stock at USD 75.88 on Nasdaq on October 20, 2026 at 12:57 p.m. ET, with a 52-week range of USD 33.40 to USD 81.80. The Nasdaq quote was 7.24 percent below its yearly high, calculated from the same-day price and high. Trading volume stood at 36,257 shares, while market capitalization was USD 1.2 billion.

Red Violet's earnings multiple was 66.56 on October 20, 2026. The company develops identity intelligence software through idiCORE and FOREWARN, serving risk management, fraud detection, compliance and investigative use cases. The latest reported operating cash flow was USD 10.64 million for the second quarter of 2026.

What comes next for investors

The next decisive reference point is the next quarterly report. Red Violet's investor-relations page identifies second-quarter 2026 earnings materials, including the press release, webcast, transcript and Form 10-Q, while the latest dated release in the research record was the September 9, 2026 announcement that FOREWARN would provide identity verification services to the Pacific West Association of REALTORS.

Analyst targets frame the stock

For investors, the contrast is straightforward: the stock's Nasdaq value is below the USD 83.50 consensus target, while the most optimistic cited target is USD 90.00. That comparison sits alongside second-quarter revenue of USD 26.72 million and a 19.00 percent net margin, making operating execution central to the valuation discussion.

Red Violet stock after hours

Red Violet was trading at EUR 68.25 at Lang & Schwarz on October 20, 2026 at 6:49 p.m. CEST, up 1.87 percent on Nasdaq versus the prior close of October 19, 2026. The Nasdaq price was USD 75.88 at 12:57 p.m. ET on October 20, 2026.

The further course of trading is shown by the continuously updated real-time quote of Red Violet stock.