RH (NYSE:RH) Price Target Raised to $310.00

RH (NYSE:RHFree Report) had its price target increased by Wedbush from $250.00 to $310.00 in a research report released on Friday, Benzinga reports. They currently have a neutral rating on the stock. Wedbush also issued estimates for RH’s Q1 2026 earnings at $1.34 EPS, Q2 2026 earnings at $3.39 EPS, Q3 2026 earnings at $4.17 EPS, Q4 2026 earnings at $3.14 EPS and FY2026 earnings at $12.01 EPS.

Other research analysts also recently issued reports about the company. Stifel Nicolaus began coverage on RH in a research note on Tuesday, July 9th. They set a buy rating and a $315.00 target price on the stock. Robert W. Baird boosted their price target on RH from $275.00 to $290.00 and gave the stock a neutral rating in a research note on Friday. The Goldman Sachs Group cut their price objective on shares of RH from $264.00 to $226.00 and set a sell rating on the stock in a report on Monday, June 17th. Morgan Stanley lifted their target price on shares of RH from $300.00 to $310.00 and gave the stock an equal weight rating in a research note on Friday. Finally, Wells Fargo & Company cut their price target on shares of RH from $350.00 to $325.00 and set an overweight rating on the stock in a research note on Friday, September 6th. Two investment analysts have rated the stock with a sell rating, eight have issued a hold rating and six have issued a buy rating to the stock. Based on data from MarketBeat, RH currently has a consensus rating of Hold and a consensus target price of $313.08.

View Our Latest Stock Analysis on RH

RH Trading Up 25.5 %

Shares of NYSE:RH opened at $321.87 on Friday. The company has a market capitalization of $5.94 billion, a PE ratio of 89.16, a P/E/G ratio of 1.13 and a beta of 2.42. RH has a 12-month low of $207.26 and a 12-month high of $354.86. The business’s fifty day simple moving average is $263.59 and its 200-day simple moving average is $266.33.

RH (NYSE:RHGet Free Report) last announced its earnings results on Thursday, September 12th. The company reported $1.69 EPS for the quarter, topping analysts’ consensus estimates of $1.56 by $0.13. The business had revenue of $829.66 million during the quarter, compared to the consensus estimate of $824.52 million. RH had a net margin of 1.13% and a negative return on equity of 10.63%. The firm’s revenue was up 3.6% on a year-over-year basis. During the same period in the previous year, the company posted $3.93 earnings per share. Research analysts predict that RH will post 7.29 EPS for the current year.

Insiders Place Their Bets

In related news, CEO Gary G. Friedman purchased 34,200 shares of RH stock in a transaction that occurred on Tuesday, June 25th. The stock was bought at an average cost of $215.00 per share, for a total transaction of $7,353,000.00. Following the completion of the transaction, the chief executive officer now owns 3,339,263 shares in the company, valued at $717,941,545. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. 28.10% of the stock is owned by insiders.

Institutional Trading of RH

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. M&T Bank Corp purchased a new position in RH during the fourth quarter worth approximately $213,000. Charles Schwab Investment Management Inc. raised its stake in shares of RH by 5.7% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 135,789 shares of the company’s stock worth $39,580,000 after buying an additional 7,334 shares during the period. Dimensional Fund Advisors LP lifted its position in shares of RH by 6.1% during the 4th quarter. Dimensional Fund Advisors LP now owns 265,035 shares of the company’s stock valued at $77,260,000 after buying an additional 15,312 shares in the last quarter. First Eagle Investment Management LLC grew its stake in RH by 247.5% in the 4th quarter. First Eagle Investment Management LLC now owns 13,732 shares of the company’s stock valued at $4,003,000 after acquiring an additional 9,780 shares during the period. Finally, Level Four Advisory Services LLC increased its holdings in RH by 4.8% in the 4th quarter. Level Four Advisory Services LLC now owns 10,658 shares of the company’s stock worth $3,107,000 after acquiring an additional 492 shares in the last quarter. Institutional investors and hedge funds own 90.17% of the company’s stock.

About RH

(Get Free Report)

RH, together with its subsidiaries, operates as a retailer in the home furnishings market. The company offers products in various categories, including furniture, lighting, textiles, bathware, décor, outdoor and garden, baby, child, and teen furnishings. It provides its products through rh.com, rhbabyandchild.com, rhteen.com, rhmodern.com, and waterworks.com online channels, as well as operates RH Galleries, RH outlet stores, RH Guesthouse, and Waterworks showrooms in the United States, Canada, the United Kingdom, and Germany.

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