The RealReal, Inc. (NASDAQ:REAL) Receives $11.10 Average PT from Brokerages

The RealReal, Inc. (NASDAQ:REAL) has received a consensus recommendation of “Buy” from the six research firms that are currently covering the stock, MarketBeat.com reports. One investment analyst has rated the stock with a hold rating, four have given a buy rating and one has issued a strong buy rating on the company. The average 1 year target price among brokerages that have covered the stock in the last year is $11.10.

A number of research firms have commented on REAL. B. Riley reissued a “buy” rating and issued a $9.00 price target (up previously from $8.00) on shares of RealReal in a research note on Friday, August 8th. BTIG Research increased their target price on RealReal from $9.00 to $11.00 and gave the company a “buy” rating in a report on Wednesday. Finally, UBS Group increased their target price on RealReal from $7.00 to $8.00 and gave the company a “neutral” rating in a report on Friday, August 8th.

Insiders Place Their Bets

In related news, CEO Levesque Rati Sahi sold 260,171 shares of the company’s stock in a transaction on Monday, August 18th. The shares were sold at an average price of $7.94, for a total transaction of $2,065,757.74. Following the completion of the sale, the chief executive officer directly owned 1,803,044 shares in the company, valued at $14,316,169.36. This represents a 12.61% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. 9.00% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On RealReal

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Voloridge Investment Management LLC bought a new position in RealReal in the 4th quarter worth $17,138,000. Kanen Wealth Management LLC raised its holdings in RealReal by 26.2% in the 2nd quarter. Kanen Wealth Management LLC now owns 4,708,623 shares of the company’s stock worth $22,554,000 after purchasing an additional 978,660 shares in the last quarter. Landscape Capital Management L.L.C. bought a new position in RealReal in the 1st quarter worth $4,958,000. Think Investments LP bought a new position in RealReal in the 2nd quarter worth $4,299,000. Finally, Driehaus Capital Management LLC raised its holdings in RealReal by 90.8% in the 1st quarter. Driehaus Capital Management LLC now owns 1,810,651 shares of the company’s stock worth $9,759,000 after purchasing an additional 861,902 shares in the last quarter. 64.73% of the stock is currently owned by institutional investors.

RealReal Stock Up 0.4%

Shares of NASDAQ REAL opened at $9.44 on Wednesday. The firm has a market capitalization of $1.09 billion, a P/E ratio of -8.91 and a beta of 2.50. The stock’s 50-day simple moving average is $6.81 and its two-hundred day simple moving average is $6.01. RealReal has a twelve month low of $2.50 and a twelve month high of $11.38.

RealReal (NASDAQ:REAL) last released its quarterly earnings results on Thursday, August 7th. The company reported ($0.13) EPS for the quarter, topping analysts’ consensus estimates of ($0.15) by $0.02. The company had revenue of $165.19 million during the quarter, compared to analysts’ expectations of $159.17 million. RealReal has set its Q3 2025 guidance at EPS. FY 2025 guidance at EPS. As a group, research analysts anticipate that RealReal will post -0.4 EPS for the current fiscal year.

About RealReal

The RealReal, Inc operates an online marketplace for resale luxury goods in the United State. The company offers various product categories, including women's fashion, men's fashion, jewelry, and watches. It primarily sells products through online marketplace and retail stores. The company was incorporated in 2011 and is headquartered in San Francisco, California.