Equities Analysts Set Expectations for RH Q3 Earnings

RH (NYSE:RH) – Research analysts at William Blair cut their Q3 2026 earnings estimates for RH in a research report issued to clients and investors on Thursday, April 3rd. William Blair analyst P. Blee now anticipates that the company will post earnings of $4.35 per share for the quarter, down from their prior estimate of $4.67. The consensus estimate for RH’s current full-year earnings is $4.39 per share. William Blair also issued estimates for RH’s Q4 2026 earnings at $3.46 EPS and FY2027 earnings at $14.88 EPS.

Several other equities analysts have also recently issued reports on the company. Robert W. Baird decreased their price objective on RH from $400.00 to $215.00 and set a “neutral” rating for the company in a research note on Thursday. Citigroup reiterated a “neutral” rating and set a $200.00 price target (down previously from $437.00) on shares of RH in a report on Thursday. Telsey Advisory Group reduced their price objective on shares of RH from $420.00 to $280.00 and set an “outperform” rating on the stock in a report on Thursday. Barclays dropped their target price on RH from $515.00 to $436.00 and set an “overweight” rating on the stock in a report on Thursday. Finally, Morgan Stanley decreased their price target on RH from $530.00 to $300.00 and set an “overweight” rating for the company in a report on Thursday. Three investment analysts have rated the stock with a sell rating, five have assigned a hold rating and nine have given a buy rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $293.81.

RH Price Performance

RH opened at $145.37 on Monday. The business has a fifty day moving average price of $312.06 and a 200 day moving average price of $348.44. RH has a 12 month low of $123.03 and a 12 month high of $457.26. The stock has a market capitalization of $2.70 billion, a price-to-earnings ratio of 41.77, a PEG ratio of 2.65 and a beta of 2.44.

RH (NYSE:RH) last posted its quarterly earnings results on Wednesday, April 2nd. The company reported $1.58 EPS for the quarter, missing the consensus estimate of $1.91 by ($0.33). The business had revenue of $812.41 million during the quarter, compared to analyst estimates of $828.21 million. RH had a negative return on equity of 35.72% and a net margin of 2.25%. The business’s revenue was up 10.0% on a year-over-year basis. During the same quarter last year, the firm earned $0.72 EPS.

Insider Transactions at RH

In other news, insider Edward T. Lee sold 600 shares of the company’s stock in a transaction dated Friday, January 17th. The shares were sold at an average price of $446.73, for a total value of $268,038.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Eri Chaya sold 25,000 shares of the stock in a transaction dated Tuesday, January 14th. The stock was sold at an average price of $426.41, for a total transaction of $10,660,250.00. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 55,880 shares of company stock worth $24,550,754. Insiders own 28.10% of the company’s stock.

Institutional Trading of RH

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Alliancebernstein L.P. grew its stake in shares of RH by 1,960.8% in the 4th quarter. Alliancebernstein L.P. now owns 363,698 shares of the company’s stock valued at $143,148,000 after purchasing an additional 346,050 shares during the last quarter. Norges Bank acquired a new stake in shares of RH during the fourth quarter worth $54,314,000. Raymond James Financial Inc. purchased a new position in RH in the 4th quarter valued at $52,190,000. Freestone Grove Partners LP acquired a new position in RH in the 4th quarter valued at $44,744,000. Finally, American Century Companies Inc. raised its position in RH by 2,227.7% during the 4th quarter. American Century Companies Inc. now owns 105,701 shares of the company’s stock worth $41,603,000 after buying an additional 101,160 shares during the last quarter. 90.17% of the stock is owned by hedge funds and other institutional investors.

About RH

RH, together with its subsidiaries, operates as a retailer in the home furnishings market. The company offers products in various categories, including furniture, lighting, textiles, bathware, décor, outdoor and garden, baby, child, and teen furnishings. It provides its products through rh.com, rhbabyandchild.com, rhteen.com, rhmodern.com, and waterworks.com online channels, as well as operates RH Galleries, RH outlet stores, RH Guesthouse, and Waterworks showrooms in the United States, Canada, the United Kingdom, and Germany.