RWAY

Runway Growth Finance Corp

Add to Watchlist

Advanced Chart

9.920

-0.06(-0.601%)1D

Line

Candle

YTD

High

10.0499

Open

10.020

VWAP

10.00

Vol

62.06K

Mkt Cap

360.62M

Low

9.925

Amount

620.32K

EV/EBITDA(TTM)

8.07

Total Shares

39.44M

796.21M

EV/OCF(TTM)

4.43

P/S(TTM)

2.72

Runway Growth Finance Corp. is a specialty finance company. The Company is focused on providing senior secured loans to high growth-potential companies in technology, healthcare, business services, financial services, select consumer services and products and other high-growth industries. Its investment objective is to maximize its total return to its stockholders primarily through current income on the Company's loan portfolio and secondarily through capital gain (loss) on its warrants and other equity positions. The Company invests in senior secured term loans and other senior debt obligations, and it also invests in second lien loans issued by high growth-potential companies. The Company originates its investments through two strategies: Sponsored Growth Lending and Non-Sponsored Growth Lending. It also invests in secured loans, and acquires equity securities as well, including warrants. The Company is externally managed by Runway Growth Capital LLC (RGC).

Market Estimates

Earnings Estimates

Revenue

YoY Chg

EPS

YoYChg

FY2025Q2

FY2025Q1

FY2024Q4

34.27M

+0.22%

0.386

+4.43%

33.51M

-16.24%

0.370

-19.64%

36.10M

-7.98%

0.418

-7.11%

Estimates Revision

The market is revising No Change the revenue expectations for Runway Growth Finance Corp. (RWAY) for FY2024, with the revenue forecasts being adjusted by 0% over the past three months. During the same period, the stock price has changed by -10.31%.

Revenue Estimates for FY2024

No Change

0.00%

In Past 3 Month

EPS Estimates for FY2024

No Change

0.00%

In Past 3 Month

Stock Price

Go Down

-10.31%

In Past 3 Month

8 Analyst Rating

Wall Street analysts forecast RWAY stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for RWAY is 11.29 USD with a low forecast of 10.00 USD and a high forecast of 13.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

3 Buy

5 Hold

0 Sell

Moderate Buy

Current: 9.920

Low

10.00

Averages

11.29

High

13.00

Current: 9.920

Low

10.00

Averages

11.29

High

13.00

Oppenheimer

Perform

downgrade

$13 -> $12

2025-11-11

New

Reason

Oppenheimer

Price Target

$13 -> $12

2025-11-11

New

downgrade

Perform

Reason

Oppenheimer lowered the firm's price target on Runway Growth Finance to $12 from $13 and keeps a Perform rating on the shares following quarterly results. The firm estimates Runway can earn $1.07/share and $1.35/share in 2025 and 2026, respectively, for ROEs of 7.8% and 9.9%. Oppenheimer's estimate changes reflect Q3 actuals and updated guidance.

UBS

Buy

downgrade

2025-10-14

Reason

UBS

Price Target

2025-10-14

downgrade

Buy

Reason

UBS lowered the firm's price target on Runway Growth Finance to $12.50 from $12.75 and keeps a Buy rating on the shares.

JPMorgan

Neutral

downgrade

$10

2025-10-01

Reason

JPMorgan

Price Target

$10

2025-10-01

downgrade

Neutral

Reason

JPMorgan lowered the firm's price target on Runway Growth Finance to $10 from $10.50 and keeps a Neutral rating on the shares as part of a Q3 preview for the business development company group. The sector continued to experience volatility in the quarter as capital markets have begun to weigh the impact of expected interest rate cuts by the Federal Reserve, the analyst tells investors in a research note.

Clear Street

Mickey Schleien

Hold

initiated

$11

2025-09-04

Reason

Clear Street

Mickey Schleien

Price Target

$11

2025-09-04

initiated

Hold

Reason

Clear Street analyst Mickey Schleien initiated coverage of Runway Growth Finance with a Hold rating and $11 price target. Runway provides venture debt financing to late-stage and growth companies, the analyst tells investors in a research note. The firm views the company as well positioned but says its legacy shareholder overhang may constrain near-term upside in the shares.

B. Riley

Buy

maintain

$11 -> $12

2025-08-11

Reason

B. Riley

Price Target

$11 -> $12

2025-08-11

maintain

Buy

Reason

B. Riley raised the firm's price target on Runway Growth Finance to $12 from $11 and keeps a Buy rating on the shares following the Q2 report. The firm says the stock continues to trade at a substantial discount to net asset value despite Runway's track record of positive NAV performance.

UBS

Buy

upgrade

2025-07-16

Reason

UBS

Price Target

2025-07-16

upgrade

Buy

Reason

UBS raised the firm's price target on Runway Growth Finance to $12.50 from $11.50 and keeps a Buy rating on the shares.

See All Ratings

Valuation Metrics

The current forward P/E ratio for Runway Growth Finance Corp (RWAY.O) is 5.58, compared to its 5-year average forward P/E of 7.18. For a more detailed relative valuation and DCF analysis to assess Runway Growth Finance Corp 's fair value, click here.

Forward PE
Forward EV/EBITDA
Forward PS

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.

Undervalued

5Y Average PE

7.18

Current PE

5.58

Overvalued PE

8.70

Undervalued PE

5.65

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.

N/A

5Y Average EV/EBITDA

0.00

Current EV/EBITDA

0.00

Overvalued EV/EBITDA

0.00

Undervalued EV/EBITDA

0.00

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.

Strongly Overvalued

5Y Average PS

3.57

Current PS

9.98

Overvalued PS

4.87

Undervalued PS

2.27