RealReal (NASDAQ:REAL) Shares Gap Up After Analyst Upgrade

The RealReal, Inc. (NASDAQ:REAL)’s stock price gapped up prior to trading on Friday after Wall Street Zen upgraded the stock from a hold rating to a buy rating. The stock had previously closed at $12.39, but opened at $13.99. RealReal shares last traded at $12.5680, with a volume of 5,008,945 shares changing hands.

Several other equities analysts have also issued reports on the stock. Wells Fargo & Company lifted their price objective on shares of RealReal from $15.00 to $20.00 and gave the company an “overweight” rating in a report on Tuesday, December 16th. Weiss Ratings reiterated a “sell (d-)” rating on shares of RealReal in a report on Thursday, January 22nd. B. Riley Financial upped their price objective on RealReal from $14.00 to $17.00 and gave the stock a “buy” rating in a research note on Friday, December 12th. Northland Securities set a $20.00 target price on RealReal in a research note on Wednesday, January 14th. Finally, Robert W. Baird boosted their target price on shares of RealReal from $15.00 to $16.00 and gave the stock a “neutral” rating in a report on Friday. One analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating, two have given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $18.06.

Insider Transactions at RealReal

In related news, CEO Levesque Rati Sahi sold 121,399 shares of the business’s stock in a transaction on Monday, February 23rd. The stock was sold at an average price of $10.72, for a total transaction of $1,301,397.28. Following the transaction, the chief executive officer directly owned 1,482,779 shares in the company, valued at $15,895,390.88. The trade was a 7.57% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, CAO Steve Ming Lo sold 16,962 shares of the company’s stock in a transaction dated Monday, February 23rd. The shares were sold at an average price of $10.72, for a total value of $181,832.64. Following the transaction, the chief accounting officer directly owned 170,236 shares in the company, valued at $1,824,929.92. This represents a 9.06% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders have sold 235,298 shares of company stock worth $2,522,395. 9.00% of the stock is currently owned by corporate insiders.

More RealReal News

Here are the key news stories impacting RealReal this week:

• Positive Sentiment: Q4 results beat expectations — EPS $0.06 vs. $0.04 est. and revenues $194.05M (up 18% YoY); company reported GMV growth and said it exceeded 2025 guidance. The RealReal Announces Fourth-Quarter and Full-Year 2025 Results
• Positive Sentiment: Company reported a record >$2 billion GMV, signalling accelerating marketplace demand and scale benefits for margins and unit economics. The RealReal achieves record 2 billion dollar GMV amid luxury resale surge
• Positive Sentiment: Management provided 2026 targets: outlined 12–15% GMV growth and reiterated investments in AI, automation and supply initiatives aimed at driving throughput and EBITDA expansion. RealReal outlines 12–15% GMV growth for 2026 while advancing AI automation and supply
• Positive Sentiment: Bullish analyst action: BTIG reaffirmed a “buy” and set an $18 price target (~47% upside from current levels), reinforcing upside sentiment. Benzinga – BTIG rating
• Positive Sentiment: Analyst commentary and research pieces highlight platform-level EBITDA leverage as GMV scales and the shift to a capital-light consignment model improves gross margins. TheRealReal: Platform Growth Is Leading To Sizable EBITDA Gains
• Neutral Sentiment: Robert W. Baird raised its price target from $15 to $16 but kept a “neutral” rating — a modest positive on price target but not a conviction upgrade. Benzinga – Baird note
• Neutral Sentiment: Earnings materials, the slide deck and full call transcript are available for deeper read-throughs (useful for modeling but informational). Q4 Results – Earnings Call Presentation Q4 Earnings Call Transcript
• Negative Sentiment: An insider (Levesque Rati Sahi) sold 121,399 shares, which could be viewed as a near-term negative or trigger for profit-taking by investors. Levesque Rati Sahi Sells 121,399 Shares of RealReal Stock

Institutional Trading of RealReal

Institutional investors have recently bought and sold shares of the stock. AQR Capital Management LLC grew its position in RealReal by 589.2% during the 1st quarter. AQR Capital Management LLC now owns 887,997 shares of the company’s stock worth $4,786,000 after purchasing an additional 759,160 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its stake in shares of RealReal by 6.1% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 60,437 shares of the company’s stock worth $326,000 after buying an additional 3,500 shares during the period. Millennium Management LLC lifted its stake in shares of RealReal by 1.9% during the first quarter. Millennium Management LLC now owns 883,690 shares of the company’s stock worth $4,763,000 after buying an additional 16,136 shares during the period. Y Intercept Hong Kong Ltd purchased a new stake in shares of RealReal during the second quarter valued at $1,332,000. Finally, Teacher Retirement System of Texas increased its position in shares of RealReal by 217.7% in the 2nd quarter. Teacher Retirement System of Texas now owns 35,769 shares of the company’s stock valued at $171,000 after acquiring an additional 24,512 shares during the period. 64.73% of the stock is currently owned by institutional investors and hedge funds.

RealReal Trading Down 1.0%

The stock has a market capitalization of $1.43 billion, a price-to-earnings ratio of -11.25 and a beta of 2.65. The firm has a 50-day moving average of $14.50 and a 200-day moving average of $12.37.

RealReal Company Profile

The RealReal, Inc (NASDAQ: REAL) operates an online marketplace specializing in the authenticated resale of luxury goods. Since its founding in 2011 by entrepreneur Julie Wainwright, the company has positioned itself as a leading platform for consignors and shoppers seeking designer fashion, fine jewelry, watches, art, and home décor. Headquartered in San Francisco, The RealReal combines e-commerce technology with an in-house team of experts to offer a seamless buying and selling experience for secondhand luxury items.

At the core of The RealReal’s business model is its consignment service, which enables individuals to sell pre-owned luxury products through a fully managed process.