RCM Technologies (NASDAQ:RCMT) Price Target Raised to $45.00

20 Aug 2026, 06:02 by Tristan Rich · The Markets Daily

RCM Technologies (NASDAQ:RCMT – Free Report) had its price target lifted by Benchmark from $36.00 to $45.00 in a report issued on Monday, MarketBeat Ratings reports. The firm currently has a buy rating on the business services provider’s stock.

A number of other equities analysts have also recently weighed in on RCMT. Zacks Research cut shares of RCM Technologies from a “strong-buy” rating to a “hold” rating in a research report on Friday, June 5th. Weiss Ratings reiterated a “hold (c+)” rating on shares of RCM Technologies in a research report on Friday, July 17th. Finally, Wall Street Zen upgraded shares of RCM Technologies from a “hold” rating to a “strong-buy” rating in a research report on Sunday. Two research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $45.00.

Check Out Our Latest Research Report on RCMT

RCM Technologies Stock Down 2.2%

RCM Technologies stock opened at $40.16 on Monday. The stock has a market capitalization of $285.54 million, a PE ratio of 17.46 and a beta of 0.29. RCM Technologies has a 12 month low of $17.26 and a 12 month high of $42.04. The business has a 50 day simple moving average of $28.71 and a 200-day simple moving average of $24.99. The company has a debt-to-equity ratio of 0.48, a current ratio of 1.92 and a quick ratio of 1.92.

RCM Technologies (NASDAQ:RCMT – Get Free Report) last announced its earnings results on Thursday, August 13th. The business services provider reported $0.82 earnings per share for the quarter, topping the consensus estimate of $0.62 by $0.20. RCM Technologies had a return on equity of 37.92% and a net margin of 5.13%.The business had revenue of $93.82 million during the quarter, compared to the consensus estimate of $81.75 million. On average, analysts anticipate that RCM Technologies will post 2.23 EPS for the current fiscal year.

Insider Buying and Selling

In other RCM Technologies news, CFO Kevin D. Miller sold 4,413 shares of the firm’s stock in a transaction on Tuesday, August 18th. The stock was sold at an average price of $42.00, for a total value of $185,346.00. Following the transaction, the chief financial officer owned 333,949 shares in the company, valued at approximately $14,025,858. This trade represents a 1.30% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Chairman Bradley Vizi sold 74,719 shares of RCM Technologies stock in a transaction on Monday, August 17th. The stock was sold at an average price of $38.86, for a total transaction of $2,903,580.34. Following the sale, the chairman directly owned 1,402,477 shares in the company, valued at approximately $54,500,256.22. This trade represents a 5.06% decrease in their position. The SEC filing for this sale provides additional information. Over the last ninety days, insiders sold 206,205 shares of company stock worth $7,669,406. 28.00% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On RCM Technologies

A number of hedge funds have recently modified their holdings of the business. Jane Street Group LLC lifted its stake in shares of RCM Technologies by 41.2% in the first quarter. Jane Street Group LLC now owns 23,489 shares of the business services provider’s stock worth $366,000 after buying an additional 6,852 shares in the last quarter. Geode Capital Management LLC grew its stake in RCM Technologies by 78.9% during the 2nd quarter. Geode Capital Management LLC now owns 120,382 shares of the business services provider’s stock valued at $2,838,000 after acquiring an additional 53,094 shares in the last quarter. JPMorgan Chase & Co. grew its stake in RCM Technologies by 1,241.0% during the 2nd quarter. JPMorgan Chase & Co. now owns 2,320 shares of the business services provider’s stock valued at $55,000 after acquiring an additional 2,147 shares in the last quarter. Russell Investments Group Ltd. raised its holdings in RCM Technologies by 264.4% in the 2nd quarter. Russell Investments Group Ltd. now owns 49,386 shares of the business services provider’s stock valued at $1,164,000 after acquiring an additional 35,835 shares during the last quarter. Finally, New York State Common Retirement Fund purchased a new position in RCM Technologies in the 2nd quarter worth approximately $101,000. 43.20% of the stock is currently owned by institutional investors and hedge funds.

RCM Technologies News Roundup

Here are the key news stories impacting RCM Technologies this week:

Positive Sentiment: Benchmark raised its price target for RCMT to $45 from $36 and maintained a “buy” rating. B. Riley Financial also lifted its target to $45 and reiterated a buy rating. The $45 consensus target suggests further upside from recent trading levels. Benchmark price target article
Positive Sentiment: RCM Technologies reported a quarterly EPS of $0.82, exceeding the $0.62 analyst consensus, while revenue of $93.82 million surpassed expectations of $81.75 million. The earnings beat, 37.9% return on equity and projected full-year EPS of $2.23 provide fundamental support for the positive analyst outlook.
Neutral Sentiment: Wall Street Zen upgraded the stock to “strong buy,” although other ratings remain mixed. Two analysts rate RCMT a buy and two rate it a hold, resulting in a “Moderate Buy” consensus.
Neutral Sentiment: Institutional ownership is approximately 43.2%. Geode Capital, Russell Investments, Jane Street and JPMorgan recently increased their positions, but these holdings were reported for prior quarters and may not reflect current trading activity.
Negative Sentiment: Company insiders disclosed roughly $7.7 million in stock sales from August 14–18. CFO Kevin Miller sold 94,413 shares, Chairman Bradley Vizi sold 100,000 shares, and insider Michael Saks sold 11,792 shares, reducing their respective positions by approximately 1.3% to 15.1%.
Negative Sentiment: The sales occurred as RCMT approached its 52-week high, potentially signaling profit-taking and weighing on sentiment. However, Miller’s transactions were conducted under pre-arranged Rule 10b5-1 plans, making them less conclusive evidence of a deteriorating management outlook. SEC insider transaction filing

About RCM Technologies

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RCM Technologies, Inc (NASDAQ: RCMT) is an information technology consulting firm that specializes in delivering secure, enterprise-level technology solutions. The company’s core offerings include IT infrastructure design and integration, data center modernization, cloud migration and management, cybersecurity services, and digital collaboration platforms. RCM Technologies serves clients across federal and commercial markets, tailoring its services to meet the strict security and compliance requirements of government agencies as well as the performance and scalability needs of private-sector organizations.