Rent the Runway, Inc. (RENT)

Rent the Runway Stock Forecast

RENT's stock price has decreased by -69.72% in the past year and price targets may not have had time to catch up.

Stock Price Forecast

The 2 analysts with 12-month price forecasts for Rent the Runway stock have an average target of 33, with a low estimate of 26 and a high estimate of 40. The average target predicts an increase of 782.35% from the current stock price of 3.74.

Analyst Consensus: Strong Buy

Target	Low	Average	Median	High
Price	$26	$33	$40	$40
Change	+595.19%	+782.35%	+969.52%	+969.52%

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

Analyst Ratings

The average analyst rating for Rent the Runway stock from 2 stock analysts 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	Nov '24	Dec '24	Jan '25	Feb '25	Mar '25	Apr '25
Strong Buy	3	3	3	3	3	1
Buy	2	1	1	1	1	1
Hold	5	2	2	2	2	0
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	10	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	+969.52%	Dec 10, 2024
Ashley Helgans Jefferies	Jefferies	Strong Buy Maintains $34 → $26	Strong Buy	Maintains	$34 → $26	+595.19%	Sep 6, 2024
Andrew Boone JMP Securities	JMP Securities	Buy Maintains $20 → $40	Buy	Maintains	$20 → $40	+969.52%	Jun 7, 2024
Alexandra Steiger Goldman Sachs	Goldman Sachs	Strong Buy Maintains $40 → $28	Strong Buy	Maintains	$40 → $28	+648.66%	Apr 12, 2024
Andrew Boone JMP Securities	JMP Securities	Buy Maintains $40 → $20	Buy	Maintains	$40 → $20	+434.76%	Apr 11, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

313.55M

Increased by 5.15%

from 298.20M

Revenue Next Year

326.60M

Increased by 4.16%

from 313.55M

EPS This Year

-18.71

from -33.12

EPS Next Year

-19.29

from -18.71

Fiscal Year	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Jan 31, 2020	Jan 31, 2021	Jan 31, 2022	Jan 31, 2023	Jan 31, 2024	Jan 31, 2025	Jan 31, 2026	Jan 31, 2027
Revenue	256.90M	157.50M	203.30M	296.40M	298.20M	313.55M	326.60M	321.61M
Revenue Growth	-	-38.69%	29.08%	45.79%	0.61%	5.15%	4.16%	-1.53%
EPS	-280.80	-307.21	-170.30	-43.17	-33.12	-18.71	-19.29	-20.72
EPS Growth	-	-	-	-	-	-	-	-
Forward PE	-	-	-	-	-	-	-	-
No. Analysts	-	-	-	-	-	3	3	3

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

Revenue Forecast

Revenue	2025	2026	2027
High	322.8M	336.2M	331.1M
Avg	313.6M	326.6M	321.6M
Low	301.3M	313.8M	309.0M

Revenue Growth

Revenue Growth	2025	2026	2027
High	8.2%	7.2%	1.4%
Avg	5.1%	4.2%	-1.5%
Low	1.0%	0.1%	-5.4%

EPS Forecast

EPS	2025	2026	2027
High	-19.26	-19.86	-21.33
Avg	-18.71	-19.29	-20.72
Low	-17.97	-18.53	-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.