When the Rolls-Royce (LSE: RR.) share price soared to near £16 back in August, many investors were looking at £20 as the next major milestone. Since then though, the stock’s experienced a sharp pullback as high oil prices have hit investor sentiment.

Could we see a share price of £20 in 2027 though? Let’s see what the charts say.

Revenue forecasts

Revenue growth can help to drive a company’s share price higher. So let’s start there.

Looking at forecasts, analysts expect Rolls-Royce’s revenue to grow significantly in the years ahead on the back of demand for its defence products, data centre power products, and nuclear energy solutions. By 2028, it’s expected to hit £29,195m – 23%…