RH (NYSE:RH) Stock Price Target Lowered at The Goldman Sachs Group

RH (NYSE:RH) had its price target cut by The Goldman Sachs Group from $164.00 to $140.00 in a research report issued on Tuesday, Benzinga reports. The brokerage presently has a “neutral” rating on the stock. The Goldman Sachs Group’s price target would indicate a potential upside of 22.89% from the company’s current price.

RH has been the topic of several other research reports. Telsey Advisory Group lifted their price target on shares of RH from $140.00 to $155.00 and gave the stock a “market perform” rating in a research note on Friday, September 11th. Wall Street Zen upgraded RH from a “sell” rating to a “hold” rating in a research note on Saturday, September 12th. Guggenheim reaffirmed a “buy” rating and set a $200.00 target price on shares of RH in a research report on Friday, September 11th. JPMorgan Chase & Co. cut their price target on RH from $212.00 to $190.00 and set an “overweight” rating on the stock in a research note on Friday, September 11th. Finally, Robert W. Baird reduced their price target on RH from $165.00 to $160.00 and set a “neutral” rating for the company in a report on Friday, September 11th. Seven equities research analysts have rated the stock with a Buy rating, nine have given a Hold rating and three have assigned a Sell rating to the stock. According to data from MarketBeat, RH currently has a consensus rating of “Hold” and an average target price of $163.79.

RH Trading Up 0.8%

RH opened at $113.92 on Tuesday. The firm has a market capitalization of $2.16 billion, a P/E ratio of 28.46, a P/E/G ratio of 2.16 and a beta of 1.91. The firm’s 50 day moving average is $137.11 and its 200-day moving average is $145.46. RH has a 52-week low of $106.30 and a 52-week high of $239.40. The company has a quick ratio of 0.37, a current ratio of 1.12 and a debt-to-equity ratio of 26.57.

RH (NYSE:RH) last posted its earnings results on Thursday, September 10th. The company reported $2.70 EPS for the quarter, topping analysts’ consensus estimates of $0.38 by $2.32. The business had revenue of $922.15 million for the quarter, compared to analysts’ expectations of $915.09 million. RH had a net margin of 3.23% and a return on equity of 132.79%. The business’s revenue for the quarter was up 2.6% compared to the same quarter last year. During the same period in the previous year, the company posted $2.93 earnings per share. Analysts expect that RH will post 5.23 EPS for the current fiscal year.

Insider Activity

In related news, Director Mark Demilio sold 1,000 shares of the company’s stock in a transaction on Tuesday, September 22nd. The shares were sold at an average price of $132.00, for a total value of $132,000.00. Following the sale, the director directly owned 25,680 shares of the company’s stock, valued at $3,389,760. This represents a 3.75% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Company insiders own 26.90% of the company’s stock.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in RH. BlackRock Inc. increased its position in shares of RH by 41.7% in the 2nd quarter. BlackRock Inc. now owns 1,978,271 shares of the company’s stock worth $325,881,000 after purchasing an additional 581,710 shares during the last quarter. Alyeska Investment Group L.P. raised its stake in shares of RH by 4.4% in the 2nd quarter. Alyeska Investment Group L.P. now owns 1,708,997 shares of the company’s stock valued at $281,523,000 after purchasing an additional 72,674 shares in the last quarter. Dimensional Fund Advisors LP raised its stake in shares of RH by 33.2% in the 1st quarter. Dimensional Fund Advisors LP now owns 316,111 shares of the company’s stock valued at $44,193,000 after purchasing an additional 78,782 shares in the last quarter. Bank of New York Mellon Corp lifted its position in shares of RH by 23.5% during the first quarter. Bank of New York Mellon Corp now owns 259,969 shares of the company’s stock worth $36,349,000 after purchasing an additional 49,384 shares during the last quarter. Finally, Bank of America Corp DE lifted its position in shares of RH by 166.5% during the first quarter. Bank of America Corp DE now owns 238,681 shares of the company’s stock worth $33,372,000 after purchasing an additional 149,127 shares during the last quarter. 90.17% of the stock is owned by institutional investors and hedge funds.

RH News Roundup

Here are the key news stories impacting RH this week:

• Neutral Sentiment: Hesai Group announced it will release third-quarter 2026 results on November 10, 2026. This does not affect RH directly. Hesai Group to Report Third Quarter 2026 Financial Results
• Neutral Sentiment: Announcements involving Kiler Holding covered share buybacks, insider ownership changes, and temporary trading restrictions. These developments are unrelated to RH.
• Neutral Sentiment: Ramsay Health Care, Resonance Health, and SmartFinancial also issued company updates, but none has a direct read-through to RH’s luxury home-furnishings business.

About RH

RH, formerly known as Restoration Hardware, is a luxury home-furnishings company that curates and sells products for residential and hospitality environments. Its offerings include furniture, lighting, textiles, rugs, bath and kitchen fixtures, outdoor furnishings, décor and related design products.

The company markets its products through a multichannel platform that includes large-format RH Galleries, outlet locations, source books, websites and trade services for professional designers.