RH (NYSE:RH) Given New $310.00 Price Target at Wedbush

RH (NYSE:RH) had its price target hoisted 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.

A number of other equities analysts have also weighed in on RH. The Goldman Sachs Group lowered their price target on shares of RH from $264.00 to $226.00 and set a sell rating on the stock in a research report on Monday, June 17th. Robert W. Baird boosted their target price on RH from $275.00 to $290.00 and gave the stock a neutral rating in a report on Friday. BNP Paribas raised RH to a hold rating in a report on Friday, June 14th. Telsey Advisory Group reiterated a market perform rating and set a $290.00 price objective on shares of RH in a research report on Tuesday, September 10th. Finally, StockNews.com upgraded RH to a sell rating in a report on Friday, June 21st. Two analysts have rated the stock with a sell rating, eight have assigned a hold rating and six have assigned a buy rating to the company. According to data from MarketBeat.com, RH has an average rating of Hold and an average target price of $313.08.

RH Price Performance

NYSE RH opened at $321.87 on Friday. The stock’s 50 day simple moving average is $263.59 and its 200-day simple moving average is $266.33. The company has a market cap of $5.94 billion, a PE ratio of 89.16, a price-to-earnings-growth ratio of 1.13 and a beta of 2.42. RH has a 1-year low of $207.26 and a 1-year high of $354.86.

RH (NYSE:RH) last posted its quarterly earnings data on Thursday, September 12th. The company reported $1.69 EPS for the quarter, beating the consensus estimate of $1.56 by $0.13. RH had a negative return on equity of 10.63% and a net margin of 1.13%. The firm had revenue of $829.66 million during the quarter, compared to the consensus estimate of $824.52 million. During the same period in the prior year, the company earned $3.93 EPS. The firm’s revenue was up 3.6% compared to the same quarter last year. On average, equities research analysts anticipate that RH will post 7.29 EPS for the current fiscal year.

Insiders Place Their Bets

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

Institutional Investors Weigh In On RH

Institutional investors have recently modified their holdings of the company. Creekmur Asset Management LLC acquired a new position in shares of RH in the fourth quarter valued at approximately $25,000. Quest Partners LLC acquired a new position in shares of RH in the fourth quarter worth $37,000. Hollencrest Capital Management purchased a new position in RH in the first quarter valued at $47,000. Ridgewood Investments LLC acquired a new position in RH during the 2nd quarter worth $62,000. Finally, Tradition Wealth Management LLC increased its holdings in RH by 14.8% during the 4th quarter. Tradition Wealth Management LLC now owns 350 shares of the company’s stock worth $102,000 after purchasing an additional 45 shares during the period. 90.17% of the stock is owned by institutional investors and hedge funds.

RH Company Profile

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.