RH (NYSE:RH) Price Target Lowered to $114.00 at Bank of America

Key Points

• Bank of America lowered RH’s price target from $156 to $114 and maintained an “underperform” rating, implying roughly 14% downside from the prior close.
• Analyst sentiment remains mixed, with RH carrying a consensus “hold” rating and an average price target of $174.64.
• RH’s latest quarter beat expectations with $2.70 in EPS and $922.15 million in revenue, but analysts cited ongoing margin pressure, weak core sales, and below-consensus third-quarter revenue guidance.

RH (NYSE:RH - Get Free Report) had its price target decreased by equities research analysts at Bank of America from $156.00 to $114.00 in a research report issued on Friday, Benzinga reports. The brokerage currently has an "underperform" rating on the stock. Bank of America's price target indicates a potential downside of 13.98% from the stock's previous close.

RH has been the topic of a number of other reports. Citigroup increased their price target on shares of RH from $150.00 to $166.00 and gave the company a "neutral" rating in a research report on Monday, June 15th. KeyCorp restated a "sector weight" rating on shares of RH in a report on Friday, June 12th. The Goldman Sachs Group raised shares of RH from a "sell" rating to a "neutral" rating and upped their target price for the company from $86.00 to $155.00 in a research note on Wednesday, July 8th. JPMorgan Chase & Co. cut their target price on shares of RH from $225.00 to $212.00 and set an "overweight" rating on the stock in a report on Monday, August 17th. Finally, Weiss Ratings reissued a "sell (d)" rating on shares of RH in a research report on Friday, July 24th. Seven analysts have rated the stock with a Buy rating, ten have given a Hold rating and three have issued a Sell rating to the company's stock. According to data from MarketBeat, the company has a consensus rating of "Hold" and a consensus price target of $174.64.

RH Trading Down 1.1%

NYSE:RH opened at $132.52 on Friday. RH has a 1-year low of $106.30 and a 1-year high of $248.44. The business's 50-day moving average price is $167.02 and its two-hundred day moving average price is $150.20. The company has a current ratio of 1.13, a quick ratio of 0.32 and a debt-to-equity ratio of 54.96. The firm has a market capitalization of $2.50 billion, a price-to-earnings ratio of 26.09, a PEG ratio of 3.32 and a beta of 1.85.

RH (NYSE:RH - Get Free Report) last issued its earnings results on Thursday, September 10th. The company reported $2.70 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.38 by $2.32. The firm had revenue of $922.15 million for the quarter, compared to analysts' expectations of $915.09 million. RH had a return on equity of 423.79% and a net margin of 3.01%.The company's revenue was up 2.6% compared to the same quarter last year. During the same quarter last year, the business earned $2.93 earnings per share. On average, equities analysts expect that RH will post 4.2 earnings per share for the current year.

Insider Transactions at RH

In other news, CEO Gary Friedman sold 48,238 shares of RH stock in a transaction dated Wednesday, July 8th. The stock was sold at an average price of $158.66, for a total transaction of $7,653,441.08. Following the transaction, the chief executive officer owned 3,226,337 shares in the company, valued at $511,890,628.42. The trade was a 1.47% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Carlos Alberini acquired 11,388 shares of the firm's stock in a transaction that occurred on Monday, June 29th. The stock was acquired at an average price of $160.90 per share, with a total value of $1,832,329.20. Following the completion of the transaction, the director directly owned 32,190 shares in the company, valued at $5,179,371. This trade represents a 54.74% increase in their position. The disclosure for this purchase is available in the SEC filing. Insiders have sold a total of 132,749 shares of company stock valued at $21,856,812 over the last 90 days. 26.90% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the stock. Harvest Fund Management Co. Ltd bought a new stake in shares of RH during the third quarter worth $30,000. Wilmington Savings Fund Society FSB lifted its position in RH by 200.0% in the 4th quarter. Wilmington Savings Fund Society FSB now owns 174 shares of the company's stock valued at $31,000 after acquiring an additional 116 shares in the last quarter. Advisory Services Network LLC acquired a new position in RH in the 3rd quarter worth $31,000. Modus Advisors LLC acquired a new position in RH in the 4th quarter worth $34,000. Finally, Geneos Wealth Management Inc. acquired a new position in RH in the 1st quarter worth $42,000. Institutional investors own 90.17% of the company's stock.

More RH News

Here are the key news stories impacting RH this week:

• Positive Sentiment: RH reported quarterly adjusted EPS of $2.70, far above the roughly $0.38–$0.42 analyst consensus. Revenue rose 2.6% year over year to approximately $922 million and slightly exceeded the $915 million estimate. Results were helped significantly by tariff refunds. RH earnings report
• Positive Sentiment: Management projected fiscal 2026 revenue of $3.6 billion to $3.7 billion, above consensus, and expects RH Estates to represent about 50% of its offering within five years. Executives said the collection could potentially double the company’s total addressable market, supporting the long-term growth narrative. RH fiscal 2026 outlook
• Positive Sentiment: The launch of RH Estates, including a new freestanding gallery in Connecticut, gives investors a visible catalyst for product expansion and customer acquisition. RH Estates collection
• Neutral Sentiment: Analyst reaction was mixed: Telsey raised its price target to $155 while maintaining “market perform,” whereas Baird lowered its target to $160 and kept a “neutral” rating. RH analyst ratings
• Negative Sentiment: Analysts warned that tariff-related benefits may obscure persistent margin pressure and weak core sales. Operating profit reportedly declined year over year, while third-quarter revenue guidance of $928 million to $936.8 million was below the roughly $964 million consensus. RH margin pressure analysis

About RH

RH, formerly Restoration Hardware, is a design-driven luxury retailer specializing in high-end home furnishings, décor, textiles, lighting and outdoor living products. The company offers a curated collection of furniture pieces—including seating, casegoods, beds and dining items—alongside rugs, art and decorative accessories. RH's product lines are organized into distinct collections, each reflecting a cohesive design philosophy and premium craftsmanship aimed at the residential and hospitality markets.

Founded in 1979 in Eureka, California, by Stephen Gordon, Restoration Hardware began as a small warehouse in Northern California.

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