Red Violet Expands Stock Repurchase Program by $15 Million

The latest update is out from Red Violet ( (RDVT) ).

On November 3, 2025, Red Violet‘s Board of Directors approved an additional $15 million for its Stock Repurchase Program, increasing the total authorization to $30 million, with $18.9 million remaining. The company reported record financial results for the third quarter of 2025, with a 21% increase in revenue to $23.1 million and a 145% rise in net income to $4.2 million. The strong performance reflects the company’s successful execution and growing adoption of its solutions across various industries, enabling continued investment in innovation and market expansion.

The most recent analyst rating on (RDVT) stock is a Buy with a $60.00 price target. To see the full list of analyst forecasts on Red Violet stock, see the RDVT Stock Forecast page.

Spark’s Take on RDVT Stock

According to Spark, TipRanks’ AI Analyst, RDVT is a Outperform.

Red Violet’s strong financial performance and positive earnings call sentiment are the primary drivers of its stock score. The company’s robust revenue growth, profitability, and strategic initiatives in AI and data enhance its outlook. However, the high P/E ratio suggests overvaluation, and technical indicators warn of potential short-term pullbacks.

To see Spark’s full report on RDVT stock, click here.

More about Red Violet

Red Violet, Inc. is a leading analytics and information solutions provider that builds proprietary technologies to deliver identity intelligence. Their solutions empower organizations in identity verification, risk mitigation, due diligence, fraud detection and prevention, regulatory compliance, and customer acquisition. Their platform, CORE, is designed for enterprises but is flexible enough for organizations of all sizes.

Average Trading Volume: 87,556

Technical Sentiment Signal: Buy

Current Market Cap: $729.4M

See more data about RDVT stock on TipRanks’ Stock Analysis page.