Shares of The RealReal, Inc. (NASDAQ:REAL – Get Free Report) have been given a consensus recommendation of “Buy” by the six ratings firms that are covering the stock, MarketBeat reports. One investment analyst has rated the stock with a hold recommendation, four have issued a buy recommendation and one has given a strong buy recommendation to the company. The average 12-month price target among brokers that have covered the stock in the last year is $11.10.
A number of research firms have commented on REAL. BTIG Research lifted their price objective on shares of RealReal from $9.00 to $11.00 and gave the stock a “buy” rating in a research report on Wednesday. UBS Group boosted their target price on RealReal from $7.00 to $8.00 and gave the stock a “neutral” rating in a research note on Friday, August 8th. Finally, B. Riley reaffirmed a “buy” rating and issued a $9.00 price objective (up previously from $8.00) on shares of RealReal in a research note on Friday, August 8th.
Check Out Our Latest Report on REAL
Insider Activity
Hedge Funds Weigh In On RealReal
A number of large investors have recently modified their holdings of REAL. Northern Trust Corp boosted its holdings in RealReal by 5.0% in the fourth quarter. Northern Trust Corp now owns 825,849 shares of the company’s stock worth $9,027,000 after acquiring an additional 39,097 shares in the last quarter. Ameriprise Financial Inc. purchased a new stake in RealReal in the fourth quarter worth about $190,000. BNP Paribas Financial Markets increased its position in RealReal by 45.8% in the fourth quarter. BNP Paribas Financial Markets now owns 399,668 shares of the company’s stock worth $4,368,000 after buying an additional 125,478 shares in the last quarter. Centiva Capital LP bought a new position in shares of RealReal in the fourth quarter worth about $266,000. Finally, Graham Capital Management L.P. boosted its stake in RealReal by 23.5% during the fourth quarter. Graham Capital Management L.P. now owns 72,158 shares of the company’s stock valued at $789,000 after buying an additional 13,739 shares during the last quarter. 64.73% of the stock is owned by hedge funds and other institutional investors.
RealReal Price Performance
NASDAQ REAL opened at $8.30 on Wednesday. The company’s 50 day simple moving average is $6.57 and its 200 day simple moving average is $5.95. RealReal has a 12 month low of $2.24 and a 12 month high of $11.38. The company has a market capitalization of $956.47 million, a P/E ratio of -7.83 and a beta of 2.50.
RealReal (NASDAQ:REAL – Get Free Report) last announced its quarterly earnings data on Thursday, August 7th. The company reported ($0.13) EPS for the quarter, beating analysts’ consensus estimates of ($0.15) by $0.02. The company had revenue of $165.19 million for the quarter, compared to analysts’ expectations of $159.17 million. RealReal has set its Q3 2025 guidance at EPS. FY 2025 guidance at EPS. On average, analysts anticipate that RealReal will post -0.4 earnings per share for the current year.
About RealReal
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.
Read More
- Five stocks we like better than RealReal
- Growth Investing: Should You Adopt This Investing Strategy in 2022?
- 3 Plays on Gold in Case Trust in the Fed Slips
- ESG Stocks, What Investors Should Know
- CoreWeave and Madrigal’s Insider Trades Flash Bullish Signals
- Low PE Growth Stocks: Unlocking Investment Opportunities
- August’s Most Upgraded: 3 Stocks With +20 Price Target Increases
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.