B. Riley Securities Raises Price Target to $12.00 for Runway Growth Finance (RWAY)

B. Riley Securities has maintained a "Buy" rating on Runway Growth Finance (RWAY) with a new price target of $12.00, an 9.09% increase from the previous target. Analyst Bryce Rowe made the report on August 11, 2025. The company provides senior secured loans to high-growth-potential companies in various industries. The average one-year price target is $11.47 with an upside of 4.45% from the current price.

Runway Growth Finance Corp. (RWAY) reported mixed second-quarter (Q2) earnings, missing consensus estimates by -2.56% [1]. The company reported earnings of $0.38 per share, compared to the Zacks Consensus Estimate of $0.39 per share. This marks the third consecutive quarter where the company has missed consensus earnings estimates.

Revenue for the quarter ended June 2025 was $35.15 million, surpassing the Zacks Consensus Estimate by 3.43% [1]. This is a significant improvement from the year-ago period, where revenues stood at $34.19 million. The company's total investment income for the quarter was $35.1 million, and net investment income was $13.9 million, or $0.38 per share [2].

The company's CEO, David Spreng, attributed the results to diversification of loan size and expansion of financing solutions [2]. Runway Growth also funded $37.8 million in new investments, with two new and one existing portfolio company [2].

Despite the earnings miss, analysts maintained a "Buy" rating on RWAY. B. Riley Securities, in a recent report, maintained its "Buy" rating with a new price target of $12.00, an 9.09% increase from the previous target [3]. The company provides senior secured loans to high-growth-potential companies in various industries.

The average one-year price target for RWAY is $11.47, with an upside of 4.45% from the current price [3]. The company's stock has lost about 0.9% since the beginning of the year versus the S&P 500's gain of 7.9% [1].

Investors should keep an eye on the company's earnings outlook and the industry's overall performance. The Zacks Industry Rank for Financial - SBIC & Commercial Industry is currently in the bottom 42% of the 250 plus Zacks industries [1].

References:
[1] https://www.nasdaq.com/articles/runway-growth-finance-corp-rway-q2-earnings-miss-estimates
[2] https://www.tradingview.com/news/reuters.com,2025:newsml_PLXBD0261:0-runway-growth-finance-s-q2-investment-income-rises/
[3] https://finance.yahoo.com/news/runway-growth-finance-corp-reports-200500263.html