RealReal (NASDAQ:REAL – Get Free Report) had its price target raised by BTIG Research from $9.00 to $11.00 in a report released on Wednesday, MarketBeat Ratings reports. The brokerage currently has a “buy” rating on the stock. BTIG Research’s price objective would suggest a potential upside of 17.02% from the company’s previous close.
Several other research analysts have also commented on the stock. UBS Group upped their price objective on shares of RealReal from $7.00 to $8.00 and gave the stock a “neutral” rating in a report on Friday, August 8th. B. Riley restated a “buy” rating and issued a $9.00 price objective (up from $8.00) on shares of RealReal in a report on Friday, August 8th. One analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat.com, RealReal currently has a consensus rating of “Buy” and an average target price of $11.10.
Read Our Latest Stock Analysis on REAL
RealReal Stock Up 5.9%
RealReal (NASDAQ:REAL – Get Free Report) last announced its quarterly earnings results on Thursday, August 7th. The company reported ($0.13) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.15) by $0.02. The firm had revenue of $165.19 million during the quarter, compared to the consensus estimate of $159.17 million. RealReal has set its Q3 2025 guidance at EPS. FY 2025 guidance at EPS. As a group, sell-side analysts expect that RealReal will post -0.4 earnings per share for the current fiscal year.
Insider Activity at RealReal
In other news, CEO Levesque Rati Sahi sold 260,171 shares of the business’s stock in a transaction on Monday, August 18th. The shares were sold at an average price of $7.94, for a total transaction of $2,065,757.74. Following the sale, the chief executive officer owned 1,803,044 shares in the company, valued at approximately $14,316,169.36. The trade was a 12.61% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Company insiders own 9.00% of the company’s stock.
Hedge Funds Weigh In On RealReal
Several institutional investors and hedge funds have recently modified their holdings of the stock. Vanguard Group Inc. increased its holdings in shares of RealReal by 3.9% during the first quarter. Vanguard Group Inc. now owns 5,097,765 shares of the company’s stock valued at $27,477,000 after acquiring an additional 192,633 shares in the last quarter. Kanen Wealth Management LLC lifted its holdings in shares of RealReal by 26.2% during the second quarter. Kanen Wealth Management LLC now owns 4,708,623 shares of the company’s stock valued at $22,554,000 after purchasing an additional 978,660 shares in the last quarter. Marshall Wace LLP lifted its holdings in shares of RealReal by 3.4% during the second quarter. Marshall Wace LLP now owns 4,321,577 shares of the company’s stock valued at $20,700,000 after purchasing an additional 143,165 shares in the last quarter. Two Sigma Advisers LP lifted its holdings in shares of RealReal by 8.7% during the fourth quarter. Two Sigma Advisers LP now owns 2,275,100 shares of the company’s stock valued at $24,867,000 after purchasing an additional 181,300 shares in the last quarter. Finally, Two Sigma Investments LP grew its holdings in shares of RealReal by 26.3% in the fourth quarter. Two Sigma Investments LP now owns 2,189,454 shares of the company’s stock worth $23,931,000 after acquiring an additional 456,425 shares during the period. 64.73% of the stock is currently owned by institutional investors.
RealReal Company Profile
The RealReal, Inc operates an online marketplace for resale luxury goods in the United State. The company offers various product categories, including women's fashion, men's fashion, jewelry, and watches. It primarily sells products through online marketplace and retail stores. The company was incorporated in 2011 and is headquartered in San Francisco, California.
Featured Articles
- Five stocks we like better than RealReal
- Insider Selling Explained: Can it Inform Your Investing Choices?
- High-Flyers Near Resistance: 3 Stocks to Watch for a Dip
- How to Invest in Blue Chip Stocks
- Seagate Technology Leads S&P 500: What’s Behind Its 120% Gain?
- Are Penny Stocks a Good Fit for Your Portfolio?
- Vanguard’s VUG ETF: The Ultimate Growth ETF for Your Portfolio
Receive News & Ratings for RealReal Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for RealReal and related companies with MarketBeat.com's FREE daily email newsletter.