RealReal (NASDAQ:REAL) Stock Price Up 7.4% Following Analyst Upgrade

Shares of The RealReal, Inc. (NASDAQ:REAL) rose 7.4% during trading on Wednesday after BTIG Research raised their price target on the stock from $9.00 to $11.00. BTIG Research currently has a buy rating on the stock. RealReal traded as high as $9.01 and last traded at $8.92. Approximately 1,918,402 shares changed hands during mid-day trading, a decline of 43% from the average daily volume of 3,390,083 shares. The stock had previously closed at $8.30.

Several other equities analysts have also commented on the stock. UBS Group raised their target price on shares of RealReal from $7.00 to $8.00 and gave the company a “neutral” rating in a report on Friday, August 8th. B. Riley reissued a “buy” rating and issued a $9.00 target price (up from $8.00) on shares of RealReal in a report on Friday, August 8th. One research analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Buy” and a consensus target price of $11.10.

Insider Buying and Selling at RealReal

In other news, CEO Levesque Rati Sahi sold 260,171 shares of the firm’s stock in a transaction that occurred on Monday, August 18th. The shares were sold at an average price of $7.94, for a total value of $2,065,757.74. Following the sale, the chief executive officer directly owned 1,803,044 shares in the company, valued at approximately $14,316,169.36. This trade represents a 12.61% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Insiders own 9.00% of the company’s stock.

Institutional Investors Weigh In On RealReal

Hedge funds have recently added to or reduced their stakes in the business. Kestra Private Wealth Services LLC boosted its position in RealReal by 86.1% during the 1st quarter. Kestra Private Wealth Services LLC now owns 35,353 shares of the company’s stock worth $191,000 after buying an additional 16,353 shares during the period. Jump Financial LLC boosted its position in RealReal by 129.4% during the 1st quarter. Jump Financial LLC now owns 460,200 shares of the company’s stock worth $2,480,000 after buying an additional 259,600 shares during the period. Vanguard Group Inc. boosted its position in RealReal by 3.9% during the 1st quarter. Vanguard Group Inc. now owns 5,097,765 shares of the company’s stock worth $27,477,000 after buying an additional 192,633 shares during the period. Wealth Enhancement Advisory Services LLC acquired a new stake in RealReal during the 1st quarter worth approximately $127,000. Finally, Algert Global LLC boosted its position in RealReal by 182.2% during the 1st quarter. Algert Global LLC now owns 529,770 shares of the company’s stock worth $2,855,000 after buying an additional 342,030 shares during the period. 64.73% of the stock is currently owned by institutional investors and hedge funds.

RealReal Trading Up 5.9%

The firm’s 50-day moving average is $6.72 and its 200 day moving average is $5.99. The firm has a market capitalization of $1.08 billion, a price-to-earnings ratio of -8.87 and a beta of 2.50.

RealReal (NASDAQ:REAL) last posted its earnings results on Thursday, August 7th. The company reported ($0.13) EPS for the quarter, topping the consensus estimate of ($0.15) by $0.02. The business had revenue of $165.19 million for the quarter, compared to analyst estimates of $159.17 million. RealReal has set its Q3 2025 guidance at EPS. FY 2025 guidance at EPS. Analysts predict that The RealReal, Inc. will post -0.4 EPS for the current year.

RealReal Company Profile

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.