Revolve Group, Inc. (NYSE:RVLV) Receives $30.08 Consensus Target Price from Analysts

Shares of Revolve Group, Inc. (NYSE:RVLV) have been assigned an average recommendation of “Moderate Buy” from the thirteen ratings firms that are currently covering the company, MarketBeat Ratings reports. Six research analysts have rated the stock with a hold rating and seven have issued a buy rating on the company. The average 1-year price objective among analysts that have covered the stock in the last year is $30.0769.

Several research firms recently commented on RVLV. UBS Group upped their price target on shares of Revolve Group from $28.00 to $29.00 and gave the company a “neutral” rating in a research report on Wednesday, August 5th. Robert W. Baird set a $28.00 price objective on shares of Revolve Group in a research report on Wednesday, May 6th. Raymond James Financial set a $28.00 price objective on shares of Revolve Group in a research note on Wednesday, May 6th. Morgan Stanley set a $27.00 target price on shares of Revolve Group in a report on Wednesday, May 6th. Finally, Barclays decreased their target price on shares of Revolve Group from $28.00 to $26.00 and set an “equal weight” rating for the company in a research note on Thursday, May 7th.

Institutional Investors Weigh In On Revolve Group

Several large investors have recently modified their holdings of RVLV. Fuller & Thaler Asset Management Inc. acquired a new position in Revolve Group in the 4th quarter valued at $59,421,000. Cooper Creek Partners Management LLC purchased a new position in Revolve Group during the 3rd quarter worth $22,164,000. Balyasny Asset Management L.P. lifted its stake in shares of Revolve Group by 830.9% in the 2nd quarter. Balyasny Asset Management L.P. now owns 1,009,877 shares of the company’s stock worth $20,248,000 after acquiring an additional 901,396 shares during the period. Marshall Wace LLP lifted its stake in shares of Revolve Group by 89.3% in the 3rd quarter. Marshall Wace LLP now owns 1,031,294 shares of the company’s stock worth $21,967,000 after acquiring an additional 486,616 shares during the period. Finally, Vanguard Group Inc. boosted its holdings in shares of Revolve Group by 9.2% in the fourth quarter. Vanguard Group Inc. now owns 4,299,273 shares of the company’s stock valued at $129,795,000 after acquiring an additional 360,598 shares in the last quarter. Hedge funds and other institutional investors own 67.60% of the company’s stock.

Revolve Group Stock Up 0.2%

NYSE:RVLV opened at $23.75 on Friday. The stock’s 50 day moving average price is $23.47 and its 200 day moving average price is $23.48. The company has a market capitalization of $1.69 billion, a PE ratio of 23.51, a P/E/G ratio of 2.95 and a beta of 1.60. Revolve Group has a 52-week low of $17.35 and a 52-week high of $31.68.

Revolve Group (NYSE:RVLV) last posted its quarterly earnings data on Tuesday, August 4th. The company reported $0.26 earnings per share for the quarter, beating the consensus estimate of $0.21 by $0.05. The business had revenue of $347.41 million during the quarter, compared to the consensus estimate of $341.91 million. Revolve Group had a return on equity of 13.38% and a net margin of 5.54%.The company’s revenue was up 12.5% compared to the same quarter last year. During the same period in the prior year, the company earned $0.14 earnings per share. As a group, sell-side analysts anticipate that Revolve Group will post 0.82 EPS for the current fiscal year.

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.