Telsey Advisory Group Has Bearish Outlook for RH Q4 Earnings

RH (NYSE:RH) – Investment analysts at Telsey Advisory Group dropped their Q4 2026 earnings per share estimates for RH in a report issued on Monday, June 9th. Telsey Advisory Group analyst C. Fernandez now anticipates that the company will post earnings of $3.11 per share for the quarter, down from their prior estimate of $3.23. Telsey Advisory Group currently has a “Outperform” rating and a $255.00 price target on the stock. The consensus estimate for RH’s current full-year earnings is $4.39 per share. Telsey Advisory Group also issued estimates for RH’s Q1 2027 earnings at $0.67 EPS and Q4 2027 earnings at $4.17 EPS.

Several other research firms have also recently weighed in on RH. Wedbush cut their target price on RH from $500.00 to $350.00 and set an “outperform” rating for the company in a research note on Wednesday, March 26th. Robert W. Baird cut their target price on RH from $400.00 to $215.00 and set a “neutral” rating for the company in a research note on Thursday, April 3rd. Bank of America upped their target price on RH from $144.00 to $172.00 and gave the stock an “underperform” rating in a research note on Wednesday, May 14th. JPMorgan Chase & Co. cut their target price on RH from $510.00 to $250.00 and set an “overweight” rating for the company in a research note on Monday, April 14th. Finally, The Goldman Sachs Group dropped their price target on RH from $276.00 to $194.00 and set a “neutral” rating for the company in a research note on Monday, May 5th. Two investment analysts have rated the stock with a sell rating, six have issued a hold rating and nine have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of $270.00.

RH Trading Down 5.3%

Shares of RH stock opened at $179.28 on Tuesday. The stock has a market cap of $3.36 billion, a P/E ratio of 51.52, a price-to-earnings-growth ratio of 2.65 and a beta of 2.19. The stock has a 50 day simple moving average of $183.28 and a 200 day simple moving average of $296.61. RH has a 1 year low of $123.03 and a 1 year high of $457.26.

RH (NYSE:RH) last posted its 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). RH had a net margin of 2.25% and a negative return on equity of 35.72%. The firm had revenue of $812.41 million during the quarter, compared to analyst estimates of $828.21 million. During the same period in the previous year, the company posted $0.72 EPS. RH’s revenue for the quarter was up 10.0% compared to the same quarter last year.

Institutional Trading of RH

A number of institutional investors and hedge funds have recently bought and sold shares of RH. AlphaQuest LLC acquired a new stake in RH in the first quarter valued at $29,000. Sunbelt Securities Inc. increased its holdings in RH by 690.0% in the fourth quarter. Sunbelt Securities Inc. now owns 79 shares of the company’s stock valued at $31,000 after purchasing an additional 69 shares during the period. Rakuten Securities Inc. increased its holdings in RH by 180.0% in the fourth quarter. Rakuten Securities Inc. now owns 112 shares of the company’s stock valued at $44,000 after purchasing an additional 72 shares during the period. GAMMA Investing LLC grew its holdings in RH by 146.1% during the 1st quarter. GAMMA Investing LLC now owns 187 shares of the company’s stock worth $44,000 after acquiring an additional 111 shares during the period. Finally, NBC Securities Inc. acquired a new stake in RH during the 1st quarter worth about $45,000. 90.17% of the stock is currently owned by institutional investors and hedge funds.

RH Company Profile

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.