RH (NYSE:RH) Price Target Raised to $155.00 at Telsey Advisory Group

Key Points

• Telsey Advisory Group raised RH’s price target from $140 to $155 while maintaining a “market perform” rating, implying 15.77% upside from the prior close. The analyst consensus remains “Hold,” with an average target of $177.64.
• RH reported quarterly EPS of $2.70, significantly exceeding the $0.38 consensus estimate, while revenue rose 2.6% year over year to $922.15 million. However, analysts noted that tariff refunds boosted profitability and that operating profit declined year over year.
• Management forecast fiscal 2026 revenue of $3.6 billion to $3.7 billion, above consensus and supported by the potential expansion of its RH Estates collection. Near-term execution remains a concern because third-quarter revenue guidance was below analyst expectations.

RH (NYSE:RH - Get Free Report) had its target price hoisted by stock analysts at Telsey Advisory Group from $140.00 to $155.00 in a research report issued to clients and investors on Friday, MarketBeat Ratings reports. The firm currently has a "market perform" rating on the stock. Telsey Advisory Group's target price indicates a potential upside of 15.77% from the stock's previous close.

RH has been the topic of several other research reports. Robert W. Baird cut their price objective on RH from $165.00 to $160.00 and set a "neutral" rating on the stock in a report on Friday. Citigroup raised their target price on shares of RH from $150.00 to $166.00 and gave the stock a "neutral" rating in a report on Monday, June 15th. Bank of America initiated coverage on shares of RH in a research report on Monday, August 3rd. They issued an "underperform" rating and a $156.00 target price on the stock. Wells Fargo & Company restated an "overweight" rating on shares of RH in a research report on Friday. Finally, Weiss Ratings reaffirmed a "sell (d)" rating on shares of RH in a research note on Friday, July 24th. Seven equities research analysts have rated the stock with a Buy rating, ten have issued a Hold rating and three have issued a Sell rating to the stock. According to MarketBeat, the company has a consensus rating of "Hold" and a consensus target price of $177.64.

RH Stock Performance

Shares of NYSE RH opened at $133.89 on Friday. The company has a quick ratio of 0.32, a current ratio of 1.13 and a debt-to-equity ratio of 54.96. The stock has a market capitalization of $2.53 billion, a price-to-earnings ratio of 25.85, a PEG ratio of 3.32 and a beta of 1.85. The stock's fifty day simple moving average is $167.02 and its 200 day simple moving average is $150.20. RH has a 52-week low of $106.30 and a 52-week high of $248.44.

RH (NYSE:RH - Get Free Report) last announced 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. RH had a return on equity of 423.79% and a net margin of 3.01%.The company had revenue of $922.15 million for the quarter, compared to analyst estimates of $915.09 million. During the same period in the previous year, the firm earned $2.93 earnings per share. RH's revenue for the quarter was up 2.6% compared to the same quarter last year. As a group, sell-side analysts forecast that RH will post 4.2 earnings per share for the current fiscal year.

Insider Activity

In other news, Director Mark Demilio sold 3,102 shares of the company's stock in a transaction on Thursday, June 18th. The shares were sold at an average price of $144.00, for a total value of $446,688.00. Following the transaction, the director directly owned 25,830 shares of the company's stock, valued at approximately $3,719,520. This represents a 10.72% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Carlos Alberini acquired 11,388 shares of the business's stock in a transaction that occurred on Monday, June 29th. The shares were purchased at an average price of $160.90 per share, with a total value of $1,832,329.20. Following the completion of the acquisition, the director owned 32,190 shares of the company's stock, valued at $5,179,371. This 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 worth $21,856,812 in the last ninety days. Corporate insiders own 26.90% of the company's stock.

Institutional Investors Weigh In On RH

A number of large investors have recently bought and sold shares of RH. Harvest Fund Management Co. Ltd bought a new stake in RH during the third quarter worth approximately $30,000. Advisory Services Network LLC bought a new stake in RH in the third quarter valued at about $31,000. Wilmington Savings Fund Society FSB raised its holdings in shares of RH by 200.0% in the 4th quarter. Wilmington Savings Fund Society FSB now owns 174 shares of the company's stock worth $31,000 after buying an additional 116 shares in the last quarter. Modus Advisors LLC acquired a new position in RH during the fourth quarter worth $34,000. Finally, Geneos Wealth Management Inc. bought a new position in RH during the 1st quarter valued at about $42,000. 90.17% of the stock is currently owned by institutional investors.

Key RH News

Here are the key news stories impacting RH this week:

• Positive Sentiment: Quarterly earnings beat expectations: RH reported adjusted EPS of $2.70, well above the roughly $0.38-$0.42 consensus estimate. Revenue was approximately $922 million, up 2.6% year over year and broadly in line with estimates. Gross profit increased 8.7%, while operating cash flow reached $145.2 million. RH quarterly earnings report
• Positive Sentiment: RH Estates creates a potential growth catalyst: CEO Gary Friedman said the new RH Estates collection could potentially double RH’s total addressable market. Management aims for Estates to represent 50% of the company’s offering within five years, with the first freestanding gallery now open in Connecticut. RH Estates growth outlook
• Positive Sentiment: Full-year outlook exceeded expectations: RH projected fiscal 2026 revenue of $3.6 billion to $3.7 billion, above the approximately $3.5 billion analyst consensus, implying revenue growth of about 5.5% to 7%. This helped reinforce expectations for a stronger second half. RH fiscal 2026 results
• Neutral Sentiment: Near-term execution remains important: Third-quarter revenue guidance of $928 million to $936.8 million was below the roughly $964 million consensus, suggesting that much of the recovery is weighted toward the fourth quarter. RH mixed quarterly results
• Negative Sentiment: Quality of the earnings beat is a concern: Reports indicated that a tariff refund provided a substantial boost to second-quarter profitability. Operating profit declined year over year, and revenue growth remains modest, raising questions about the durability of the earnings improvement. RH tariff refund impact

RH Company Profile

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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