What is Telsey Advisory Group’s Forecast for RH Q1 Earnings?

RH (NYSE:RH) – Investment analysts at Telsey Advisory Group reduced their Q1 2026 earnings estimates for shares of RH in a research report issued to clients and investors on Thursday, April 3rd. Telsey Advisory Group analyst C. Fernandez now expects that the company will post earnings of ($0.11) per share for the quarter, down from their prior estimate of $1.31. Telsey Advisory Group currently has a “Outperform” rating and a $280.00 target price on the stock. The consensus estimate for RH’s current full-year earnings is $4.39 per share. Telsey Advisory Group also issued estimates for RH’s Q2 2026 earnings at $3.73 EPS, Q3 2026 earnings at $4.35 EPS, Q4 2026 earnings at $3.23 EPS, FY2026 earnings at $11.20 EPS and FY2027 earnings at $15.80 EPS.

RH (NYSE:RH) last announced its earnings results on Wednesday, April 2nd. The company reported $1.58 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.91 by ($0.33). RH had a net margin of 2.25% and a negative return on equity of 35.72%. The firm had revenue of $812.41 million during the quarter, compared to analysts’ expectations of $828.21 million. During the same period in the previous year, the firm earned $0.72 EPS. The firm’s revenue for the quarter was up 10.0% compared to the same quarter last year.

RH has been the subject of several other reports. Citigroup reaffirmed a “neutral” rating and issued a $200.00 target price (down from $437.00) on shares of RH in a research report on Thursday, April 3rd. Stifel Nicolaus dropped their price objective on shares of RH from $450.00 to $390.00 and set a “buy” rating for the company in a report on Monday. Loop Capital cut their target price on shares of RH from $450.00 to $190.00 and set a “hold” rating on the stock in a research note on Friday, April 4th. Morgan Stanley dropped their price target on shares of RH from $530.00 to $300.00 and set an “overweight” rating for the company in a research note on Thursday, April 3rd. Finally, Wells Fargo & Company reduced their price objective on RH from $375.00 to $300.00 and set an “overweight” rating on the stock in a research note on Thursday, April 3rd. Three equities research analysts have rated the stock with a sell rating, five have given a hold rating and nine have given a buy rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of $283.94.

RH Trading Down 10.2 %

RH stock opened at $147.78 on Monday. The business’s fifty day moving average price is $296.11 and its 200 day moving average price is $344.37. RH has a 12-month low of $123.03 and a 12-month high of $457.26. The company has a market capitalization of $2.77 billion, a PE ratio of 42.47, a P/E/G ratio of 2.65 and a beta of 2.44.

Insider Activity

In other news, insider Eri Chaya sold 25,000 shares of the company’s stock in a transaction on Tuesday, January 21st. The shares were sold at an average price of $450.45, for a total value of $11,261,250.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Edward T. Lee sold 600 shares of the stock in a transaction on Friday, January 17th. The shares were sold at an average price of $446.73, for a total transaction of $268,038.00. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 55,880 shares of company stock worth $24,550,754. 28.10% of the stock is currently owned by insiders.

Institutional Trading of RH

Hedge funds and other institutional investors have recently made changes to their positions in the company. UMB Bank n.a. grew its stake in RH by 125.8% during the 4th quarter. UMB Bank n.a. now owns 70 shares of the company’s stock worth $28,000 after buying an additional 39 shares during the last quarter. Versant Capital Management Inc boosted its holdings in shares of RH by 7,000.0% in the fourth quarter. Versant Capital Management Inc now owns 71 shares of the company’s stock valued at $28,000 after acquiring an additional 70 shares during the period. GAMMA Investing LLC grew its position in shares of RH by 533.3% during the fourth quarter. GAMMA Investing LLC now owns 76 shares of the company’s stock worth $30,000 after acquiring an additional 64 shares during the last quarter. Sunbelt Securities Inc. grew its position in shares of RH by 690.0% during the fourth quarter. Sunbelt Securities Inc. now owns 79 shares of the company’s stock worth $31,000 after acquiring an additional 69 shares during the last quarter. Finally, Rakuten Securities Inc. increased its holdings in shares of RH by 180.0% in the 4th quarter. Rakuten Securities Inc. now owns 112 shares of the company’s stock valued at $44,000 after acquiring an additional 72 shares during the period. Institutional investors and hedge funds own 90.17% of the company’s stock.

RH Company Profile

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.