Morgan Stanley Issues Positive Forecast for Revolve Group (NYSE:RVLV) Stock Price

Revolve Group (NYSE:RVLV) had its price target increased by research analysts at Morgan Stanley from $26.00 to $27.00 in a research report issued to clients and investors on Tuesday,Benzinga reports. The brokerage presently has an “equal weight” rating on the stock. Morgan Stanley’s price target points to a potential downside of 12.73% from the company’s previous close.

Several other equities research analysts also recently commented on RVLV. Guggenheim began coverage on shares of Revolve Group in a research note on Tuesday, December 9th. They issued a “neutral” rating for the company. Stifel Nicolaus upped their price objective on shares of Revolve Group from $28.00 to $33.00 and gave the company a “buy” rating in a research report on Friday, December 12th. Robert W. Baird set a $29.00 target price on Revolve Group in a report on Wednesday, December 17th. Jefferies Financial Group reissued a “buy” rating and issued a $34.00 target price on shares of Revolve Group in a research note on Thursday, December 18th. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of Revolve Group in a report on Wednesday, October 8th. One equities research analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and seven have issued a Hold rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $27.50.

Revolve Group Trading Up 1.0%

RVLV stock traded up $0.32 during trading on Tuesday, reaching $30.94. 140,537 shares of the stock were exchanged, compared to its average volume of 879,408. The stock has a 50 day simple moving average of $26.42 and a 200-day simple moving average of $23.43. Revolve Group has a twelve month low of $16.80 and a twelve month high of $33.68. The company has a market capitalization of $2.21 billion, a P/E ratio of 40.71, a price-to-earnings-growth ratio of 2.95 and a beta of 1.75.

Revolve Group (NYSE:RVLV) last posted its quarterly earnings results on Tuesday, November 4th. The company reported $0.24 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.11 by $0.13. Revolve Group had a net margin of 4.64% and a return on equity of 11.26%. The firm had revenue of $295.63 million during the quarter, compared to analyst estimates of $297.36 million. During the same quarter in the prior year, the business posted $0.15 earnings per share. The company’s quarterly revenue was up 4.4% compared to the same quarter last year. Equities analysts predict that Revolve Group will post 0.6 EPS for the current year.

Insider Buying and Selling at Revolve Group

In other Revolve Group news, CFO Jesse Timmermans sold 5,349 shares of Revolve Group stock in a transaction dated Thursday, January 8th. The stock was sold at an average price of $31.51, for a total value of $168,546.99. Following the transaction, the chief financial officer owned 11,610 shares in the company, valued at $365,831.10. The trade was a 31.54% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, CEO Michael Mente sold 68,995 shares of the firm’s stock in a transaction dated Friday, January 9th. The stock was sold at an average price of $30.68, for a total value of $2,116,766.60. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders have sold 624,325 shares of company stock valued at $18,065,991. 46.56% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Revolve Group

A number of hedge funds and other institutional investors have recently modified their holdings of the business. State of Alaska Department of Revenue purchased a new position in shares of Revolve Group in the third quarter worth about $46,000. Generali Investments Towarzystwo Funduszy Inwestycyjnych purchased a new position in shares of Revolve Group during the 2nd quarter valued at $60,000. Elevation Point Wealth Partners LLC purchased a new stake in shares of Revolve Group in the second quarter worth $68,000. Quarry LP boosted its position in Revolve Group by 6,932.1% during the third quarter. Quarry LP now owns 3,727 shares of the company’s stock valued at $79,000 after buying an additional 3,674 shares during the period. Finally, Logan Capital Management Inc. grew its stake in shares of Revolve Group by 35.5% during the second quarter. Logan Capital Management Inc. now owns 5,579 shares of the company’s stock valued at $112,000 after buying an additional 1,463 shares during the last quarter. Hedge funds and other institutional investors own 67.60% of the company’s stock.

About Revolve Group

Revolve Group, Inc operates as a leading online fashion retailer primarily serving millennial and Gen Z consumers through its flagship e-commerce platform. The company offers a curated assortment of apparel, accessories and beauty products from more than 500 established and emerging brands, alongside private label labels covering contemporary and premium segments. With a focus on trend-driven merchandise and seamless user experience, the website features shoppable editorial content and digital styling advice aimed at strengthening customer engagement and brand loyalty.

Founded in 2003 and headquartered in Cerritos, California, Revolve has expanded its footprint beyond North America by launching localized sites and logistics centers in Europe and the Middle East.