Red Violet (NASDAQ:RDVT) Given New $100.00 Price Target at Needham & Company LLC

Posted by George Bondi on Nov 6th, 2026

Red Violet (NASDAQ:RDVT – Free Report) had its price objective boosted by Needham & Company LLC from $90.00 to $100.00 in a report issued on Thursday morning, MarketBeat reports. Needham & Company LLC currently has a buy rating on the stock.

Several other equities analysts also recently weighed in on RDVT. Raymond James Financial started coverage on Red Violet in a research report on Thursday, September 17th. They issued an “outperform” rating and a $90.00 target price for the company. B. Riley Financial increased their price target on shares of Red Violet from $65.00 to $81.00 and gave the stock a “buy” rating in a research report on Thursday, July 30th. Lake Street Capital raised their price objective on shares of Red Violet from $62.00 to $73.00 and gave the company a “buy” rating in a research note on Tuesday, August 11th. Wall Street Zen raised shares of Red Violet from a “hold” rating to a “buy” rating in a research note on Saturday, October 10th. Finally, Weiss Ratings upgraded shares of Red Violet from a “buy (b-)” rating to a “buy (b)” rating in a report on Tuesday, October 13th. Five equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat, Red Violet has a consensus rating of “Moderate Buy” and a consensus target price of $86.00.

Read Our Latest Analysis on RDVT

Red Violet Trading Down 9.8%

Shares of NASDAQ RDVT opened at $72.12 on Thursday. The stock has a market capitalization of $1.16 billion, a PE ratio of 65.57 and a beta of 1.73. Red Violet has a twelve month low of $33.40 and a twelve month high of $83.15. The stock has a fifty day simple moving average of $77.21 and a 200-day simple moving average of $57.62.

Red Violet (NASDAQ:RDVT – Get Free Report) last posted its earnings results on Wednesday, November 4th. The company reported $0.47 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.41 by $0.06. Red Violet had a return on equity of 17.18% and a net margin of 16.98%. The firm had revenue of $27.75 million for the quarter, compared to analyst estimates of $27.22 million. On average, equities analysts predict that Red Violet will post 1.18 earnings per share for the current year.

Insider Activity

In related news, Director William Livek bought 2,000 shares of the firm’s stock in a transaction that occurred on Thursday, August 27th. The stock was purchased at an average cost of $71.49 per share, for a total transaction of $142,980.00. Following the completion of the acquisition, the director owned 22,733 shares in the company, valued at approximately $1,625,182.17. This trade represents a 9.65% increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 8.90% of the company’s stock.

Institutional Investors Weigh In On Red Violet

Several large investors have recently bought and sold shares of the stock. Sterling Capital Management LLC increased its stake in shares of Red Violet by 847.5% during the third quarter. Sterling Capital Management LLC now owns 379 shares of the company’s stock worth $30,000 after buying an additional 339 shares during the period. Hsbc Holdings PLC raised its holdings in Red Violet by 22.6% in the first quarter. Hsbc Holdings PLC now owns 13,264 shares of the company’s stock valued at $458,000 after acquiring an additional 2,441 shares in the last quarter. Principal Financial Group Inc. raised its holdings in Red Violet by 10.3% in the first quarter. Principal Financial Group Inc. now owns 28,829 shares of the company’s stock valued at $997,000 after acquiring an additional 2,685 shares in the last quarter. Legal & General Group Plc purchased a new position in Red Violet in the second quarter worth approximately $175,000. Finally, The Manufacturers Life Insurance Company purchased a new position in Red Violet in the second quarter worth approximately $200,000. Hedge funds and other institutional investors own 63.56% of the company’s stock.

More Red Violet News

Here are the key news stories impacting Red Violet this week:

Positive Sentiment: Red Violet reported record third-quarter revenue of $27.8 million, up 20% year over year, and earnings of $0.47 per share, ahead of the $0.41 consensus estimate and up from $0.39 a year earlier. Operating cash flow also reached a record $12.7 million. Red Violet Q3 results
Positive Sentiment: Management highlighted demand for identity intelligence, enterprise growth, AI investment and expanding government opportunities as growth drivers, supporting the outlook for continued expansion. Q3 earnings call highlights
Positive Sentiment: Analysts raised their price targets while maintaining Buy ratings: B. Riley increased its target to $110 from $85, and Needham lifted its target to $100 from $90. B. Riley price-target update
Negative Sentiment: RDVT traded lower amid unusually high volume despite the upbeat results and analyst updates. The provided reports do not cite a company-specific negative catalyst; with the stock at a relatively high valuation, investors may have taken profits or viewed expectations as elevated.

Red Violet Company Profile

(Get Free Report)

Red Violet, Inc (NASDAQ: RDVT) is a technology company that develops cloud-based identity intelligence and information solutions. Its platform helps organizations access, analyze and connect data to support investigations, risk management, fraud prevention, compliance and other decision-making activities.

The company’s products include idiCORE, an investigative and information services platform designed for users such as law enforcement agencies, government organizations, corporate security teams, insurance companies, financial institutions, collection agencies and other businesses.