RealReal (NASDAQ:REAL) Price Target Raised to $14.00

RealReal (NASDAQ:REAL) had its target price lifted by UBS Group from $10.50 to $14.00 in a report released on Tuesday,Benzinga reports. UBS Group currently has a neutral rating on the stock.

Other equities analysts have also issued reports about the stock. Robert W. Baird boosted their target price on shares of RealReal from $8.00 to $13.00 and gave the company a “neutral” rating in a report on Tuesday. BTIG Research upped their price objective on RealReal from $11.00 to $15.00 and gave the company a “buy” rating in a report on Tuesday. B. Riley reiterated a “buy” rating and issued a $14.00 price objective (up from $12.00) on shares of RealReal in a research report on Tuesday. Roth Capital set a $17.50 target price on RealReal and gave the company a “buy” rating in a research report on Wednesday, October 29th. Finally, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of RealReal in a research note on Wednesday, October 8th. One analyst has rated the stock with a Strong Buy rating, five have given a Buy rating, two have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $14.63.

RealReal Stock Down 3.3%

Shares of NASDAQ:REAL opened at $14.28 on Tuesday. RealReal has a 52-week low of $3.84 and a 52-week high of $16.24. The stock has a market cap of $1.67 billion, a P/E ratio of -10.35 and a beta of 2.54. The business has a fifty day moving average of $10.94 and a two-hundred day moving average of $7.70.

RealReal (NASDAQ:REAL) last posted its quarterly earnings results on Monday, November 10th. The company reported ($0.49) EPS for the quarter, missing the consensus estimate of ($0.14) by ($0.35). The firm had revenue of $173.57 million during the quarter, compared to analyst estimates of $169.01 million. RealReal has set its FY 2025 guidance at EPS. Q4 2025 guidance at EPS. On average, equities analysts anticipate that RealReal will post -0.4 earnings per share for the current year.

Insider Buying and Selling at RealReal

In other news, CEO Levesque Rati Sahi sold 260,171 shares of RealReal stock in a transaction on Monday, August 18th. The stock was sold at an average price of $7.94, for a total value of $2,065,757.74. Following the completion of the sale, the chief executive officer directly owned 1,803,044 shares of the company’s stock, valued at approximately $14,316,169.36. The trade was a 12.61% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Insiders own 9.00% of the company’s stock.

Hedge Funds Weigh In On RealReal

Hedge funds and other institutional investors have recently bought and sold shares of the company. Kestra Private Wealth Services LLC increased its holdings in RealReal by 86.1% during the 1st quarter. Kestra Private Wealth Services LLC now owns 35,353 shares of the company’s stock worth $191,000 after purchasing an additional 16,353 shares during the period. Jump Financial LLC boosted its stake in shares of RealReal by 129.4% in the 1st quarter. Jump Financial LLC now owns 460,200 shares of the company’s stock valued at $2,480,000 after buying an additional 259,600 shares during the period. Vanguard Group Inc. grew its position 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 worth $27,477,000 after buying an additional 192,633 shares in the last quarter. Algert Global LLC grew its position in shares of RealReal by 182.2% during the first quarter. Algert Global LLC now owns 529,770 shares of the company’s stock worth $2,855,000 after buying an additional 342,030 shares in the last quarter. Finally, Kanen Wealth Management LLC increased its stake 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 worth $22,554,000 after buying an additional 978,660 shares during the period. 64.73% of the stock is currently owned by hedge funds and other 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.