Reformation Inc. (REF)
| Market Cap | 886.14M |
| Revenue (ttm) | 533.31M +15.7% |
| Net Income | 6.04M |
| EPS | 0.12 |
| Shares Out | 59.08M |
| PE Ratio | 124.71 |
| Forward PE | 32.20 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 267,149 |
| Open | 14.69 |
| Previous Close | 14.70 |
| Day's Range | 14.60 - 15.28 |
| 52-Week Range | 12.83 - 17.26 |
| Beta | n/a |
| Analysts | Strong Buy |
| Price Target | 19.25 (+28.33%) |
| Earnings Date | Sep 10, 2026 |
About REF
Reformation Inc. manufactures and sells sustainable women's clothing and accessories in the United States and Internationally. It offers dresses, tops, pants, skirts, shorts, jeans, sweaters, shoes, jumpsuits, two-piece sets, outerwear, sleep and loungewear, swimwear, and accessories. The company also offers wedding collection. It retails its product through website, online channels, and stores, well as through wholesalers and other channels. The company was formerly known as REF Topco, Inc. and changed its name to Reformation Inc. in April 202... [Read more]
Financial Performance
In 2025, Reformation's revenue was $507.10 million, an increase of 15.74% compared to the previous year's $438.16 million. Earnings were $12.64 million, a decrease of -61.62%.
Financial StatementsAnalyst Summary
According to 9 analysts, the average rating for REF stock is "Strong Buy." The 12-month stock price target is $19.25, which is an increase of 28.33% from the latest price.
News
Reformation to Announce Second Quarter Fiscal 2026 Results on September 10, 2026
LOS ANGELES, Aug. 27, 2026 /PRNewswire/ -- Reformation Inc. (NYSE:REF), the sustainable women's fashion brand, today announced that its financial results for the second quarter ended June 27, 2026, wi...
Reformation initiated with an Outperform at Telsey Advisory
Telsey Advisory analyst Dana Telsey initiated coverage of Reformation (REF) with an Outperform rating and $20 price target Reformation’s exclusive private-label assortment creates a strong moat around...
Reformation initiated with a Buy at Guggenheim
Guggenheim initiated coverage of Reformation (REF) with a Buy rating and $20 price target High customer retention and nimble merchandising helps mitigate fashion risk and drives strong full-price sell...
Reformation initiated with a Buy at BTIG
BTIG initiated coverage of Reformation (REF) with a Buy rating and $20 price target As the largest sustainable womenswear brand with a strong, consistent track record for growth, the firm…
Reformation initiated with a Buy at Citi
Citi analyst Paul Lejuez initiated coverage of Reformation (REF) with a Buy rating and $20 price target The firm believes the company has an attractive store growth opportunity. Reformation can…
Reformation initiated with an Outperform at William Blair
William Blair initiated coverage of Reformation (REF) with an Outperform rating and no price target The firm believes the company has a sustainable structural competitive advantage given its speed to…
Reformation initiated with an Equal Weight at Morgan Stanley
Morgan Stanley initiated coverage of Reformation (REF) with an Equal Weight rating and $16 price target The firm says the company’s e-commerce model and supply chain should support stronger growth…
Reformation initiated with an Outperform at Baird
Baird initiated coverage of Reformation (REF) with an Outperform rating and $19 price target Reformation is a premium women’s brand that reached $500M of revenue while remaining profitable, largely fu...
Reformation initiated with an Outperform at RBC Capital
RBC Capital analyst Irene Nattal initiated coverage of Reformation (REF) with an Outperform rating and $18 price target Reformation is a “compelling emerging-growth, sustainability-anchored specialty ...
Reformation initiated with an Overweight at JPMorgan
JPMorgan analyst Matthew Boss initiated coverage of Reformation (REF) with an Overweight rating and $21 price target The firm sees “durable” mid-to-high-teens revenue growth for the company and the po...
This Fashion IPO's Growth Story Looks Flimsy
Reformation, fashion's latest initial public offering, is full of buzzwords: Sustainability, data-driven design and fast manufacturing are just a few appearing in its filing. But they might not be eno...
Reformation stock closes 8 cents above IPO price in muted market debut
Shares of Reformation Inc. opened flat on Thursday after making their public debut on the New York Stock Exchange (NYSE).
NYSE Content Update: Reformation Scores Winning Session in NYSE Debut
NYSE issues a pre-market daily advisory direct from the trading floor. NEW YORK, July 31, 2026 /PRNewswire/ -- The New York Stock Exchange (NYSE) provides a daily pre-market update directly from the N...
Reformation IPO update: Stock price, NYSE trading time as women's apparel brand makes market debut
Shares of Reformation Inc. are expected to debut on the New York Stock Exchange (NYSE) today.
Retailer Reformation opens flat in market debut after pricing IPO at $15
Retailer Reformation made its IPO on the New York Stock Exchange on Thursday under the ticker symbol "REF." The company was flat in trading after pricing at $15 per share.
Permira-backed Reformation valued at $886 million as shares open flat in debut
Permira-backed womenswear retailer Reformation was valued at $886.1 million after its shares opened flat in their NYSE debut on Thursday.
Reformation opens at $15, IPO priced at $15 per share
Reformation (REF)priced 14.06M shares at $15.00, the low end of the $15.00-$17.00 target range. JPMorgan, Morgan Stanley, Citi and RBC Capital are acting as joint book running managers for the…
Reformation indicated to open at $15.50-$16.50, IPO priced at $15
Reformation (REF)priced 14.06M shares at $15.00, the low end of the $15.00-$17.00 target range. JPMorgan, Morgan Stanley, Citi and RBC Capital are acting as joint book running managers for the…
Reformation CEO says retailer is 'ready' for the public markets
Ahead of Reformation's IPO, CEO Hali Borenstein speaks with CNBC's Morgan Brennan about the sustainable fashion retailer's IPO, growth strategy, international expansion plans, and why she believes the...
‘Second to Naked’ Sustainable Fashion Firm Reformation Seals $886M IPO
Sustainable womenswear brand Reformation ($REF) will start trading in New York today with a valuation of around $886 million following its IPO. Raises $210.9 Million The Californian company priced its...
Reformation 14.06M share IPO priced at $15.00
The deal priced at low end of $15.00-$17.00 target range. JPMorgan, Morgan Stanley, Citi and RBC Capital are acting as joint book running managers for the offering. Published first on…
Reformation Announces Pricing of Initial Public Offering
LOS ANGELES, July 29, 2026 /PRNewswire/ -- Reformation Inc. ("Reformation"), the global womenswear brand, today announced the pricing of its initial public offering of 14,062,500 shares of its common ...
Jersey Mike's, Reformation IPOs pose test for US retail listings
Sandwich chain Jersey Mike's and women's fashion retailer Reformation are advancing their planned IPOs, putting the spotlight on U.S. retail listings whose volumes this year are the lowest in a decad...
Apparel Brand Reformation Aims for $239 Million in IPO
Sustainable apparel company Reformation aims to raise up to $239 million when it goes public.