Ridgetech Inc. (RDGT) Stock Forecast Oct. 16, 2026
Analysis updated on Oct. 16, 2026 (UTC) · Alpha · vs marketSwitch to Total · Nasdaq
Ridgetech Inc. (RDGT) stock forecast summary
Our AI ranks Ridgetech Inc. outside the neutral middle of its coverage (a directional signal). Create a free account and follow it to see the exact price target.
Ridgetech Inc. is a small-cap company with a market capitalization of $3M. It ranks number 5 by market capitalization among the 5 Retail-Drug Stores and Proprietary Stores issuers in our coverage with a current forecast.
For RDGT, the Spearman rank correlation between our 90-day forecasts and the returns that followed is -5.0%, measured on 311 forecast dates between 2023-06-16 and 2026-07-17 on this stock's own recent history. A rank correlation runs from -100% to +100%: it measures whether higher forecasts were followed by higher returns, and a value near zero or below means the model has shown little skill on this stock. On the 30-day forecasts the same correlation is 4.0%, measured on 354 forecast dates between 2023-06-16 and 2026-09-16. Across our coverage, the out-of-sample test on 4495 stocks from 2025-01-06 to 2026-07-07 produced a positive net return in 82.5% of rebalance periods (factor-neutral book, net of estimated costs). Full backtest report
Expected return relative to the market over the horizon: a positive alpha means the model expects the stock to beat the market, whatever the market does. Ratings: strong buy ≥ +1.8%, buy ≥ +0.2%, sell < -0.9%, strong sell < -1.2% (top 15%, next 20%, middle 30%, next 20%, bottom 15% of the 2026-10-16 signals)
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How RDGT ranks among 5184 stocks
90D Alpha forecasts of every company scored, cut into five relative ratings at the 15th, 35th, 65th and 85th percentiles (dashed lines).
Ridgetech Inc. (RDGT) fundamentals
Trailing twelve months. The industry median and the rank (1 = highest) are taken over the Retail-Drug Stores and Proprietary Stores peers listed below that report each metric.
Valuation & Market
| Metric | RDGT | Rank |
|---|---|---|
| Market Cap | $3M | 5/5 |
Financial Health
| Metric | RDGT | Rank |
|---|---|---|
| D/E Ratio | 4.12x | – |
| Financial Leverage | 5.05x | – |
| Interest Coverage | -23.7x | – |
Dividend & Shareholder Information
| Metric | RDGT | Rank |
|---|---|---|
| Shares Outstanding | 4M | – |
Balance Sheet Highlights (USD millions)
| Total Liabilities | $74M |
RDGT quarterly financials and insider trading
Ridgetech Inc. (RDGT) industry peers
Companies classified under the same SEC industry code as Ridgetech Inc. (Retail-Drug Stores and Proprietary Stores): 5 common-stock issuers with a forecast this week, one row per issuer, largest first. This is a classification match, not a curated list of competitors.
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Ridgetech Inc. (RDGT) stock news
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Ridgetech Inc. (RDGT) stock forecast FAQ
What is the Ridgetech Inc. (RDGT) stock forecast?
Our AI ranks Ridgetech Inc. outside the neutral middle of its coverage (a directional signal). Create a free account and follow it to see the exact price target.
How accurate are Ridgetech Inc. stock predictions?
For RDGT, the Spearman rank correlation between our 90-day forecasts and the returns that followed is -5.0%, measured on 311 forecast dates between 2023-06-16 and 2026-07-17 on this stock's own recent history. A rank correlation runs from -100% to +100%: it measures whether higher forecasts were followed by higher returns, and a value near zero or below means the model has shown little skill on this stock. On the 30-day forecasts the same correlation is 4.0%, measured on 354 forecast dates between 2023-06-16 and 2026-09-16. Across our coverage, the out-of-sample test on 4495 stocks from 2025-01-06 to 2026-07-07 produced a positive net return in 82.5% of rebalance periods (factor-neutral book, net of estimated costs). Full backtest report
How often are Ridgetech Inc. forecasts updated?
Ridgetech Inc. forecasts are refreshed on trading days as the daily model run completes. The forecast on this page was produced on Oct. 16, 2026.
Which companies are Ridgetech Inc.'s industry peers?
5 issuers in our coverage, RDGT included, share the SEC industry code Retail-Drug Stores and Proprietary Stores. The largest are: Cvs Health Corp (CVS), Guardian Pharmacy Services, Inc. (GRDN), Trees Corp (Colorado) (CANN), Petmed Express Inc (PETS).
This analysis is generated automatically using our proprietary AI systems and should not be considered personalized investment advice. Past performance does not guarantee future results. Always conduct your own research and consider consulting a financial advisor before making investment decisions.