Rent the Runway, Inc. (RENT)

RENT's stock price has decreased by -74.32% in the past year and price targets may not have had time to catch up.

Stock Price Forecast

The 2 analysts that cover Rent the Runway stock have a consensus rating of "Strong Buy" and an average price target of $33, which forecasts a 573.47% increase in the stock price over the next year. The lowest target is $26 and the highest is $40.

Price Target: $33 (+573.47%)

Analyst Consensus: Strong Buy

Target	Low	Average	Median	High
Price	$26	$33	$40	$40
Change	+430.61%	+573.47%	+716.33%	+716.33%

* Price targets were last updated on Dec 10, 2024.

Analyst Ratings

The average analyst rating for Rent the Runway stock is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.

Recommendation Trends

Rating	Jan '25	Feb '25	Mar '25	Apr '25	May '25	Jun '25
Strong Buy	3	3	3	3	3	1
Buy	1	1	1	1	1	1
Hold	2	2	2	2	2	0
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	6	6	6	6	6	2

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Andrew Boone JMP Securities	JMP Securities	Buy Reiterates $40	Buy	Reiterates	$40	+716.33%	Dec 10, 2024
Ashley Helgans Jefferies	Jefferies	Strong Buy Maintains $34 → $26	Strong Buy	Maintains	$34 → $26	+430.61%	Sep 6, 2024
Andrew Boone JMP Securities	JMP Securities	Buy Maintains $20 → $40	Buy	Maintains	$20 → $40	+716.33%	Jun 7, 2024
Alexandra Steiger Goldman Sachs	Goldman Sachs	Strong Buy Maintains $40 → $28	Strong Buy	Maintains	$40 → $28	+471.43%	Apr 12, 2024
Andrew Boone JMP Securities	JMP Securities	Buy Maintains $40 → $20	Buy	Maintains	$40 → $20	+308.16%	Apr 11, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

300.49M

Decreased by -1.86%

from 306.20M

Revenue Next Year

308.65M

Increased by 2.72%

from 300.49M

EPS This Year

-25.93

from -18.51

EPS Next Year

-26.58

from -25.93

Fiscal Year	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Jan 31, 2021	Jan 31, 2022	Jan 31, 2023	Jan 31, 2024	Jan 31, 2025	Jan 31, 2026	Jan 31, 2027
Revenue	157.50M	203.30M	296.40M	298.20M	306.20M	300.49M	308.65M
Revenue Growth	-38.69%	29.08%	45.79%	0.61%	2.68%	-1.86%	2.72%
EPS	-307.21	-170.30	-43.17	-33.12	-18.51	-25.93	-26.58
EPS Growth	-	-	-	-	-	-	-
Forward PE	-	-	-	-	-	-	-
No. Analysts	-	-	-	-	-	3	3

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2026	2027
High	309.3M	317.7M
Avg	300.5M	308.7M
Low	288.7M	296.6M

Revenue Growth

Revenue Growth	2026	2027
High	1.0%	5.7%
Avg	-1.9%	2.7%
Low	-5.7%	-1.3%

EPS Forecast

EPS	2026	2027
High	-26.69	-27.36
Avg	-25.93	-26.58
Low	-24.91	-25.54

EPS Growth

EPS Growth	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.