Rent the Runway, Inc. (RENT)
NASDAQ: RENT · Real-Time Price · USD
8.56
+0.12 (1.36%)
Jan 17, 2025, 4:00 PM EST - Market closed
Rent the Runway Stock Forecast
Stock Price Forecast
The 5 analysts with 12-month price forecasts for Rent the Runway stock have an average target of 24.2, with a low estimate of 12 and a high estimate of 40. The average target predicts an increase of 182.71% from the current stock price of 8.56.
Analyst Consensus: Buy
* Price targets were last updated on Dec 10, 2024.
Analyst Ratings
The average analyst rating for RENT stock from 5 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Aug '24 | Sep '24 | Oct '24 | Nov '24 | Dec '24 | Jan '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 3 | 3 | 3 | 3 | 2 |
| Buy | 2 | 2 | 2 | 2 | 1 | 1 |
| Hold | 5 | 5 | 5 | 5 | 2 | 2 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 9 | 10 | 10 | 10 | 6 | 5 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| JMP Securities | JMP Securities | Buy Reiterates $40 | Buy | Reiterates | $40 | +367.29% | Dec 10, 2024 |
| Jefferies | Jefferies | Strong Buy Maintains $34 → $26 | Strong Buy | Maintains | $34 → $26 | +203.74% | Sep 6, 2024 |
| JMP Securities | JMP Securities | Buy Maintains $20 → $40 | Buy | Maintains | $20 → $40 | +367.29% | Jun 7, 2024 |
| Goldman Sachs | Goldman Sachs | Strong Buy Maintains $40 → $28 | Strong Buy | Maintains | $40 → $28 | +227.10% | Apr 12, 2024 |
| JMP Securities | JMP Securities | Buy Maintains $40 → $20 | Buy | Maintains | $40 → $20 | +133.64% | Apr 11, 2024 |
Financial Forecast
Revenue This Year
313.55M
from 298.20M
Increased by 5.15%
Revenue Next Year
326.20M
from 313.55M
Increased by 4.03%
EPS This Year
-18.84
from -33.12
EPS Next Year
-19.66
from -18.84
Revenue Forecast
| Revenue | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | 322.8M | 336.2M | 331.1M |
| Avg | 313.6M | 326.2M | 321.6M |
| Low | 301.3M | 313.0M | 309.0M |
Revenue Growth
| Revenue Growth | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | 8.2% | 7.2% | 1.5% |
| Avg | 5.1% | 4.0% | -1.4% |
| Low | 1.0% | -0.2% | -5.3% |
EPS Forecast
| EPS | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | -19.26 | -19.86 | -21.33 |
| Avg | -18.84 | -19.66 | -20.72 |
| Low | -18.24 | -19.25 | -19.90 |
EPS Growth
| EPS Growth | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | - | - | - |
| Avg | - | - | - |
| Low | - | - | - |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.