Telsey Advisory Group Downgrades RH (NYSE:RH) to Hold

RH (NYSE:RH) was downgraded by research analysts at Telsey Advisory Group from an “outperform” rating to a “hold” rating in a research report issued to clients and investors on Friday, Marketbeat reports. They currently have a $220.00 price objective on the stock. Telsey Advisory Group’s price target indicates a potential upside of 0.62% from the stock’s previous close. Telsey Advisory Group also issued estimates for RH’s Q2 2026 earnings at $3.20 EPS, Q3 2026 earnings at $4.11 EPS, Q4 2026 earnings at $3.02 EPS and FY2026 earnings at $10.03 EPS.

Other analysts have also recently issued reports about the stock. Zelman & Associates lowered their target price on shares of RH from $305.00 to $251.00 and set an “outperform” rating on the stock in a research note on Wednesday, July 9th. Citigroup increased their target price on shares of RH from $200.00 to $233.00 and gave the stock a “neutral” rating in a research note on Wednesday, September 3rd. Wall Street Zen upgraded shares of RH from a “sell” rating to a “hold” rating in a research note on Thursday, May 22nd. The Goldman Sachs Group lowered shares of RH from a “neutral” rating to a “sell” rating and decreased their price target for the stock from $199.00 to $179.00 in a report on Tuesday, June 24th. Finally, Robert W. Baird increased their price objective on RH from $215.00 to $230.00 and gave the company a “neutral” rating in a research report on Monday, June 16th. Nine research analysts have rated the stock with a Buy rating, five have given a Hold rating and three have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, RH presently has an average rating of “Hold” and an average target price of $259.29.

RH Trading Down 4.2%

RH stock opened at $218.64 on Friday. The firm has a 50 day moving average of $218.37 and a 200-day moving average of $208.14. The firm has a market capitalization of $4.09 billion, a P/E ratio of 40.71, a price-to-earnings-growth ratio of 2.18 and a beta of 2.15. RH has a 12 month low of $123.03 and a 12 month high of $457.26.

RH (NYSE:RH) last posted its earnings results on Thursday, September 11th. The company reported $2.93 earnings per share for the quarter, missing analysts’ consensus estimates of $3.22 by ($0.29). RH had a negative return on equity of 92.81% and a net margin of 3.20%.The firm had revenue of $899.15 million for the quarter, compared to the consensus estimate of $906.58 million. During the same period last year, the company posted $1.69 EPS. The business’s revenue was up 8.4% on a year-over-year basis. RH has set its Q3 2025 guidance at EPS. FY 2025 guidance at EPS. Sell-side analysts predict that RH will post 4.39 EPS for the current year.

Institutional Trading of RH

Several institutional investors have recently added to or reduced their stakes in RH. Durable Capital Partners LP boosted its position in RH by 125.1% during the second quarter. Durable Capital Partners LP now owns 646,097 shares of the company’s stock valued at $122,119,000 after buying an additional 359,101 shares during the period. Senvest Management LLC raised its stake in shares of RH by 54.6% during the second quarter. Senvest Management LLC now owns 733,894 shares of the company’s stock valued at $138,713,000 after acquiring an additional 259,200 shares during the last quarter. Atreides Management LP boosted its holdings in shares of RH by 69.1% during the first quarter. Atreides Management LP now owns 473,321 shares of the company’s stock worth $110,951,000 after purchasing an additional 193,404 shares during the period. Scopus Asset Management L.P. purchased a new stake in shares of RH during the second quarter worth about $30,457,000. Finally, Norges Bank purchased a new stake in shares of RH during the second quarter worth about $29,083,000. 90.17% of the stock is currently owned by hedge funds and other institutional investors.

About RH

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.