Northland lifts target to USD 26.00 for Richardson Electronics stock

Published on 10/15/2026 at 21:34 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Revenue in the first quarter was USD 64.90 million. Richardson Electronics stock costs EUR 17.03 on October 15, 2026, down 5.52 percent on Nasdaq.

Target and quarterly figures

Markets Insider reported Northland Securities raising its target from USD 24.00 to USD 26.00 on October 13, 2026.
Revenue in the first quarter reached USD 64.90 million, up 18.90 percent year over year.
Richardson Electronics stock costs EUR 17.03 at Lang & Schwarz on October 15, 2026 at 9:30 p.m. CEST, down 5.52 percent on Nasdaq.
Richardson Electronics had a market capitalization of USD 280.0 million and a P/E ratio of 31.2.

RELL, US7631651079, Illustration mit AI erstellt.

Northland Securities raised its Richardson Electronics target from USD 24.00 to USD 26.00 on October 13, 2026, putting the target 36.25 percent above the Nasdaq price of USD 19.09. Markets Insider reported that Northland maintained its Outperform rating.

Richardson Electronics stock was trading at EUR 17.03 at Lang & Schwarz on October 15, 2026 at 9:30 p.m. CEST. The Nasdaq quote stood at USD 19.09 at 3:32 p.m. EDT, down 5.52 percent from the previous session.

First-quarter revenue sets the baseline

Revenue in the first quarter of fiscal 2027 reached USD 64.90 million, up 18.90 percent from the year-earlier quarter. Diluted earnings per share came to USD 0.27, compared with USD 0.13 in the same period. StockTitan reported the figures for the quarter ended August 29, 2026.

Range and valuation shape the picture

The Nasdaq price was USD 19.09 against a 52-week range of USD 9.37 to USD 23.15 as of October 15, 2026. That places the stock 17.54 percent below its 52-week high. Trading volume reached 223,481 shares, below the average volume of 284,865 shares.

Richardson Electronics had a market capitalization of USD 280.0 million and a P/E ratio of 31.2 as of October 15, 2026. The company paid a quarterly dividend, while the latest data showed a dividend yield of 0.01 percent. MarketWatch identifies Richardson Electronics as a Nasdaq-listed company under the ticker RELL. MarketWatch also listed one analyst rating in its latest overview.

Comparison with peers

Richardson Electronics (Nasdaq, USD): minus 5.52 percent, P/E 31.2, market capitalization USD 280.0 million
Bel Fuse (Nasdaq, USD): minus 1.93 percent, P/E 54.7, market capitalization USD 2.7 billion
AstroNova (Nasdaq, USD): unchanged, P/E minus 163.9, market capitalization USD 227.3 million

Target distance and price

The Northland target leaves 36.25 percent between USD 19.09 and USD 26.00, a gap that gives the analyst view more weight than the daily quotation alone. The next key comparison is whether Richardson Electronics can sustain the revenue growth recorded in fiscal 2027's first quarter.

Richardson Electronics was trading at EUR 17.03 at Lang & Schwarz on October 15, 2026 at 9:30 p.m. CEST, down 5.52 percent on Nasdaq. The Nasdaq price stood at USD 19.09 on October 15, 2026 at 3:32 p.m. EDT. The further course of trading is shown by the continuously updated real-time quote of Richardson Electronics stock.