Wells Fargo & Company Has Lowered Expectations for RH (NYSE:RH) Stock Price

RH (NYSE:RH) had its price objective dropped by Wells Fargo & Company from $225.00 to $180.00 in a research report issued on Wednesday,Benzinga reports. The firm currently has an “overweight” rating on the stock. Wells Fargo & Company‘s price target would indicate a potential upside of 68.04% from the stock’s current price.

Several other research analysts have also weighed in on RH. Jefferies Financial Group reiterated a “hold” rating on shares of RH in a research note on Tuesday, January 27th. Zacks Research raised RH from a “strong sell” rating to a “hold” rating in a research report on Friday, February 13th. Stifel Nicolaus reaffirmed a “hold” rating and set a $165.00 price target (down from $320.00) on shares of RH in a research note on Friday, December 12th. Morgan Stanley reduced their price target on RH from $275.00 to $240.00 and set an “overweight” rating for the company in a report on Wednesday. Finally, UBS Group lowered their price target on RH from $188.00 to $160.00 and set a “neutral” rating for the company in a research note on Tuesday, March 17th. Seven investment analysts have rated the stock with a Buy rating, ten have issued a Hold rating and three have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, RH currently has an average rating of “Hold” and an average price target of $204.07.

RH Stock Down 23.4%

RH stock traded down $32.71 during midday trading on Wednesday, hitting $107.12. 5,066,032 shares of the stock were exchanged, compared to its average volume of 1,185,482. RH has a 1 year low of $106.55 and a 1 year high of $257.00. The company has a debt-to-equity ratio of 944.39, a current ratio of 1.19 and a quick ratio of 0.26. The firm has a market cap of $2.01 billion, a P/E ratio of 19.27, a P/E/G ratio of 0.55 and a beta of 2.14. The company has a 50 day moving average price of $174.82 and a two-hundred day moving average price of $180.43.

RH (NYSE:RH) last announced its earnings results on Tuesday, March 31st. The company reported $1.53 earnings per share for the quarter, missing the consensus estimate of $2.21 by ($0.68). RH had a net margin of 3.22% and a negative return on equity of 161.72%. The business had revenue of $842.62 million for the quarter, compared to analyst estimates of $873.48 million. During the same quarter in the prior year, the business earned $1.58 earnings per share. The firm’s revenue was up 3.7% on a year-over-year basis. On average, sell-side analysts predict that RH will post 4.39 earnings per share for the current fiscal year.

Insider Buying and Selling at RH

In other RH news, insider Eri Chaya sold 7,000 shares of the stock in a transaction on Tuesday, March 24th. The shares were sold at an average price of $129.42, for a total value of $905,940.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Mark S. Demilio sold 2,254 shares of the company’s stock in a transaction dated Wednesday, January 14th. The shares were sold at an average price of $220.00, for a total transaction of $495,880.00. Following the transaction, the director directly owned 19,962 shares of the company’s stock, valued at $4,391,640. This represents a 10.15% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders sold 18,254 shares of company stock worth $2,789,400. 27.00% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On RH

Large investors have recently added to or reduced their stakes in the company. Clearstead Advisors LLC lifted its position in shares of RH by 713.3% in the 3rd quarter. Clearstead Advisors LLC now owns 122 shares of the company’s stock worth $25,000 after acquiring an additional 107 shares during the period. Huntington National Bank grew its position in shares of RH by 87.8% during the 3rd quarter. Huntington National Bank now owns 139 shares of the company’s stock worth $28,000 after buying an additional 65 shares during the period. Harvest Fund Management Co. Ltd bought a new stake in RH in the third quarter valued at approximately $30,000. Wilmington Savings Fund Society FSB lifted its position in RH by 200.0% in the 4th quarter. Wilmington Savings Fund Society FSB now owns 174 shares of the company’s stock valued at $31,000 after acquiring an additional 116 shares in the last quarter. Finally, Advisory Services Network LLC acquired a new position in shares of RH during the third quarter worth about $31,000. Institutional investors and hedge funds own 90.17% of the company’s stock.

More RH News

Here are the key news stories impacting RH this week:

• Positive Sentiment: Morgan Stanley kept an “Overweight” rating and, while lowering its price target, still projects meaningful upside — a signal that at least some analysts view the pullback as an opportunity. Benzinga price-target note
• Neutral Sentiment: RH reiterated longer‑term targets, including a multiyear revenue ambition (roughly $5.4B–$5.8B by 2030), which frames management’s longer horizon for growth even as near‑term results soften. MSN: RH long-term targets
• Negative Sentiment: Q4 results missed both EPS and revenue expectations; management said tariffs and late‑quarter adverse weather reduced Q4 net revenue by roughly $40M (~$30M tariffs, ~$10M weather). These operational headwinds and the double miss are the primary drivers of the selloff. QuiverQuant analysis
• Negative Sentiment: Fiscal‑2026 guidance came in below Street expectations: revenue growth ~4%–8% and adjusted EBITDA margin ~14%–16%, with management flagging margin pressure as it invests in expansion and incurs pre‑opening costs — a near‑term earnings headwind. Investopedia: outlook summary
• Negative Sentiment: Following the results, multiple analysts cut forecasts and trimmed price targets, increasing downside pressure and accelerating the repricing. Institutional/insider selling notes have also been highlighted in coverage, adding to bearish sentiment. Benzinga: analyst reactions
• Negative Sentiment: Technical/market signals: trading volume spiked, shares hit a 52‑week low and the stock now trades well below its 50‑ and 200‑day moving averages — factors that can amplify short‑term downside. Investing.com: 52-week low

About RH

RH, formerly Restoration Hardware, is a design-driven luxury retailer specializing in high-end home furnishings, décor, textiles, lighting and outdoor living products. The company offers a curated collection of furniture pieces—including seating, casegoods, beds and dining items—alongside rugs, art and decorative accessories. RH’s product lines are organized into distinct collections, each reflecting a cohesive design philosophy and premium craftsmanship aimed at the residential and hospitality markets.

Founded in 1979 in Eureka, California, by Stephen Gordon, Restoration Hardware began as a small warehouse in Northern California.