B. Riley cuts target for RF Industries stock from USD 15 to USD 12

Published on 10/02/2026 at 17:39 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Sales hit USD 23.96 million, up 21.07 percent year over year. RF Industries stock costs EUR 7.38 on October 2, 2026 versus EUR 7.15, up 3.22 percent.

RFIL, US7495521053, Illustration mit AI erstellt.

B. Riley cut its price target for RF Industries from USD 15.00 to USD 12.00 and kept a Buy rating on September 15, 2026, according to MarketScreener. RF Industries stock was trading at EUR 7.38 at Lang & Schwarz on October 2, 2026 at 5:35 p.m. CEST, up 3.22 percent versus the EUR 7.15 prior close on October 1, 2026.

Fiscal third-quarter sales accelerate

RF Industries reported record fiscal third-quarter net sales of USD 23.96 million for the period ended July 31, 2026, according to Yahoo Finance on September 14, 2026. Sales increased 21.07 percent from USD 19.79 million in the prior-year quarter and 15.75 percent from USD 20.70 million in fiscal second-quarter 2026.

Gross margin reached 35.60 percent, up from 34.00 percent in the prior-year quarter, while operating income rose to USD 1.80 million from USD 0.72 million. Adjusted EBITDA increased to USD 2.70 million from USD 1.60 million, according to Yahoo Finance.

Target cut contrasts with earnings growth

The September 15 target reduction from USD 15.00 to USD 12.00 contrasts with the latest operating trend, although the Buy rating was retained. Consolidated net income rose to USD 1.44 million in fiscal third-quarter 2026 from USD 0.392 million a year earlier, an increase of 267.35 percent, while diluted earnings per share rose to USD 0.12 from USD 0.04, according to MarketScreener on September 14, 2026.

RF Industries operates through RF Connector and Custom Cabling segments, supplying connectors, cable assemblies, fiber optic power solutions and wiring harnesses for communications, industrial and other markets, according to MarketScreener. The combination of faster sales and higher margins gives the target cut a clear counterpoint in the current results.

RFIL gains after Xetra close

RF Industries stock was trading at EUR 7.38 at Lang & Schwarz on October 2, 2026 at 5:35 p.m. CEST, after the Xetra close, up 3.22 percent versus the EUR 7.15 prior close at Lang & Schwarz on October 1, 2026.