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

Key Points

• RealReal's stock price rose by 7.4% following an upgrade from BTIG Research, which increased its price target for the stock from $9.00 to $11.00, maintaining a buy rating.
• The company recently reported quarterly earnings of ($0.13) per share, outperforming analysts' expectations and generating revenue of $165.19 million.
• Insider trading activity includes CEO Levesque Rati Sahi selling over 260,000 shares, representing a 12.61% decrease in his stake in the company.

The RealReal, Inc. (NASDAQ:REAL - Get Free Report)'s stock price traded up 7.4% on Wednesday after B. Riley raised their price target on the stock from $9.00 to $12.00. B. Riley currently has a buy rating on the stock. RealReal traded as high as $9.01 and last traded at $8.92. 1,918,402 shares changed hands during trading, a decline of 43% from the average session volume of 3,390,083 shares. The stock had previously closed at $8.30.

Other equities research analysts also recently issued research reports about the company. BTIG Research increased their price objective on RealReal from $9.00 to $11.00 and gave the company a "buy" rating in a report on Wednesday, September 10th. UBS Group increased their price objective on RealReal from $7.00 to $8.00 and gave the company a "neutral" rating in a report on Friday, August 8th. One research analyst has rated the stock with a Strong Buy rating, four have given a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of "Buy" and a consensus price target of $11.70.

Insiders Place Their Bets

In other RealReal news, CEO Levesque Rati Sahi sold 260,171 shares of the stock in a transaction on Monday, August 18th. The stock was sold at an average price of $7.94, for a total transaction of $2,065,757.74. Following the transaction, the chief executive officer owned 1,803,044 shares in the company, valued at $14,316,169.36. This trade represents a 12.61% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 9.00% of the stock is owned by insiders.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in the company. Vanguard Group Inc. increased 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. Kanen Wealth Management LLC increased its position in RealReal by 26.2% during the 2nd quarter. Kanen Wealth Management LLC now owns 4,708,623 shares of the company's stock worth $22,554,000 after buying an additional 978,660 shares during the period. Marshall Wace LLP increased its position in RealReal by 3.4% during the 2nd quarter. Marshall Wace LLP now owns 4,321,577 shares of the company's stock worth $20,700,000 after buying an additional 143,165 shares during the period. Two Sigma Advisers LP increased its position in RealReal by 8.7% during the 4th quarter. Two Sigma Advisers LP now owns 2,275,100 shares of the company's stock worth $24,867,000 after buying an additional 181,300 shares during the period. Finally, Two Sigma Investments LP increased its position in RealReal by 26.3% during the 4th quarter. Two Sigma Investments LP now owns 2,189,454 shares of the company's stock worth $23,931,000 after buying an additional 456,425 shares during the period. Institutional investors own 64.73% of the company's stock.

RealReal Trading Up 5.9%

The stock has a market cap of $1.15 billion, a P/E ratio of -9.43 and a beta of 2.50. The firm has a 50-day simple moving average of $6.81 and a two-hundred day simple moving average of $6.00.

RealReal (NASDAQ:REAL - Get Free Report) last issued 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 the consensus estimate of $159.17 million. RealReal has set its Q3 2025 guidance at EPS. FY 2025 guidance at EPS. Sell-side analysts predict that The RealReal, Inc. will post -0.4 earnings per share for the current 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.