Rent the Runway (RENT) Stock Forecast, Price Target & Predictions
RENT Stock Forecast
Rent the Runway (RENT) stock forecast, based on 14 Wall Street analysts, predicts a 12-month average price target of $12.00, with a high of $26.00 and a low of $4.00. This represents a 194.84% increase from the last price of $4.07.
RENT Stock Rating
Rent the Runway stock's rating consensus is Buy, based on 14 Wall Street analysts. The breakdown includes 0 Strong Buy (0.00%), 8 Buy (57.14%), 6 Hold (42.86%), 0 Sell (0.00%), and 0 Strong Sell (0.00%).
Buy
RENT Price Target Upside V Benchmarks
Type | Name | Upside |
---|---|---|
Stock | Rent the Runway | 194.84% |
Sector | Consumer Cyclical Stocks | 27.48% |
Industry | Apparel Retail Stocks | 37.20% |
Price Target Trends
1M | 3M | 12M | |
---|---|---|---|
# Anlaysts | - | - | 2 |
Avg Price Target | - | - | $30.00 |
Last Closing Price | $4.07 | $4.07 | $4.07 |
Upside/Downside | - | - | 637.10% |
Ratings Trends
Date | Strong Buy | Buy | Hold | Sell | Strong Sell | Total |
---|---|---|---|---|---|---|
Apr, 25 | 1 | - | - | - | - | 1 |
Mar, 25 | 1 | 1 | - | - | - | 2 |
Feb, 25 | 1 | 1 | - | - | - | 2 |
Jan, 25 | 1 | 1 | - | - | - | 2 |
Dec, 24 | 1 | 1 | - | - | - | 2 |
Analyst Price Target Forecasts
Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
---|---|---|---|---|---|---|
Sep 06, 2024 | Ashley Helgans | Jefferies | $26.00 | $11.89 | 118.67% | 538.82% |
Jun 07, 2024 | Ashley Helgans | Jefferies | $34.00 | $26.81 | 26.82% | 735.38% |
Apr 12, 2024 | Ashley Helgans | Jefferies | $21.00 | $19.38 | 8.36% | 415.97% |
Jun 14, 2023 | Andrew Boone | JMP Securities | $6.00 | $2.42 | 147.93% | 47.42% |
Jun 08, 2023 | Dana Telsey | Telsey Advisory | $4.00 | $2.44 | 63.93% | -1.72% |
Sep 13, 2022 | Dana Telsey | Telsey Advisory | $3.85 | $4.93 | -21.91% | -5.41% |
Jun 24, 2022 | Erinn Murphy | Piper Sandler | $12.00 | $3.49 | 243.84% | 194.84% |
Analyst Rating Forecasts
Date | Company | Previous Rating | New Rating | Rating Change |
---|---|---|---|---|
Sep 06, 2024 | Jefferies | Buy | Buy | hold |
Jun 07, 2024 | Jefferies | Buy | Buy | hold |
Jun 07, 2024 | JMP Securities | Outperform | Outperform | hold |
Apr 12, 2024 | Jefferies | Buy | Buy | hold |
Jan 17, 2024 | Piper Sandler | Overweight | Neutral | downgrade |
Sep 11, 2023 | Telsey Advisory | Outperform | Market Perform | downgrade |
Sep 08, 2023 | Barclays | Overweight | Overweight | hold |
Jun 14, 2023 | JMP Securities | Market Outperform | Market Outperform | hold |
Jun 08, 2023 | Telsey Advisory | Outperform | Outperform | hold |
Apr 13, 2023 | Raymond James | Outperform | Outperform | hold |
Financial Forecast
EPS Forecast
Annual
Jan 22 | Jan 23 | Jan 24 | Jan 25 | Jan 26 | Jan 27 | |
---|---|---|---|---|---|---|
Reported | $-67.20 | $-43.17 | $-33.12 | $-18.51 | - | - |
Avg Forecast | $-65.10 | $-45.35 | $-27.99 | $-16.94 | $-17.47 | $-16.12 |
High Forecast | $-64.92 | $-45.33 | $-27.97 | $-16.93 | $-17.46 | $-16.11 |
Low Forecast | $-65.28 | $-45.37 | $-28.00 | $-16.94 | $-17.47 | $-16.13 |
Surprise % | 3.23% | -4.81% | 18.33% | 9.27% | - | - |
Revenue Forecast
Annual
Jan 22 | Jan 23 | Jan 24 | Jan 25 | Jan 26 | Jan 27 | |
---|---|---|---|---|---|---|
Reported | $203.30M | $296.40M | $298.20M | $306.20M | - | - |
Avg Forecast | $202.52M | $294.44M | $296.72M | $307.40M | $319.80M | $315.30M |
High Forecast | $202.94M | $294.56M | $296.85M | $307.53M | $319.94M | $315.43M |
Low Forecast | $202.09M | $294.31M | $296.60M | $307.27M | $319.66M | $315.17M |
Surprise % | 0.39% | 0.67% | 0.50% | -0.39% | - | - |
Net Income Forecast
Annual
Jan 22 | Jan 23 | Jan 24 | Jan 25 | Jan 26 | Jan 27 | |
---|---|---|---|---|---|---|
Reported | $-211.80M | $-138.70M | $-113.20M | $-69.90M | - | - |
Avg Forecast | $-222.54M | $-155.02M | $-95.66M | $-57.89M | $-59.70M | $-55.10M |
High Forecast | $-221.93M | $-154.94M | $-95.61M | $-57.86M | $-59.67M | $-55.07M |
Low Forecast | $-223.14M | $-155.11M | $-95.72M | $-57.92M | $-59.73M | $-55.13M |
Surprise % | -4.82% | -10.53% | 18.33% | 20.75% | - | - |