Free Trial

Revolve Group (NYSE:RVLV) Given "Buy" Rating at BTIG Research

Revolve Group logo with Consumer Discretionary background
Image from MarketBeat Media, LLC.

Key Points

  • BTIG Research reaffirmed a "Buy" and set a $35.00 price target on Revolve, implying roughly a 49.3% upside from the current stock price.
  • Revolve beat quarterly estimates, reporting $0.20 EPS vs $0.18 expected and $342.9M in revenue (up 15.6% year-over-year), signaling stronger top-line momentum.
  • Analyst coverage is mixed—eight Buys vs seven Holds—yielding an average rating of "Moderate Buy" and an average price target of $29.50, while the stock traded near $23.45 with a $1.67B market cap.
  • MarketBeat previews top five stocks to own in June.

Revolve Group (NYSE:RVLV - Get Free Report)'s stock had its "buy" rating reaffirmed by investment analysts at BTIG Research in a note issued to investors on Wednesday,Benzinga reports. They presently have a $35.00 price target on the stock. BTIG Research's price objective suggests a potential upside of 49.27% from the company's current price.

A number of other brokerages have also recently weighed in on RVLV. Weiss Ratings reissued a "hold (c)" rating on shares of Revolve Group in a research note on Tuesday, April 21st. Zacks Research cut Revolve Group from a "strong-buy" rating to a "hold" rating in a research note on Thursday, February 26th. Wall Street Zen raised Revolve Group from a "hold" rating to a "buy" rating in a research note on Sunday, April 19th. UBS Group set a $27.00 price target on Revolve Group in a research note on Tuesday, January 13th. Finally, Morgan Stanley set a $28.00 price target on Revolve Group in a research note on Wednesday, February 25th. Eight investment analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company's stock. According to data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average price target of $29.50.

Check Out Our Latest Report on RVLV

Revolve Group Price Performance

Shares of RVLV opened at $23.45 on Wednesday. The firm's 50 day moving average is $24.34 and its 200-day moving average is $25.57. The stock has a market capitalization of $1.67 billion, a P/E ratio of 27.59, a P/E/G ratio of 2.35 and a beta of 1.76. Revolve Group has a 12-month low of $16.80 and a 12-month high of $31.68.

Revolve Group (NYSE:RVLV - Get Free Report) last announced its quarterly earnings data on Tuesday, May 5th. The company reported $0.20 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.18 by $0.02. The company had revenue of $342.88 million for the quarter, compared to analysts' expectations of $328.84 million. Revolve Group had a net margin of 5.03% and a return on equity of 12.12%. The business's revenue was up 15.6% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.16 EPS. As a group, equities research analysts forecast that Revolve Group will post 0.87 EPS for the current fiscal year.

Insider Buying and Selling at Revolve Group

In other news, CEO Michael Mente sold 15,640 shares of the firm's stock in a transaction dated Wednesday, April 29th. The stock was sold at an average price of $26.00, for a total transaction of $406,640.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Michael Karanikolas sold 1,948 shares of the business's stock in a transaction that occurred on Thursday, February 12th. The shares were sold at an average price of $25.93, for a total value of $50,511.64. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders have sold 152,806 shares of company stock valued at $4,014,390. 42.67% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Revolve Group

Several large investors have recently made changes to their positions in the company. Vanguard Group Inc. grew its stake in shares of Revolve Group by 9.2% in the 4th quarter. Vanguard Group Inc. now owns 4,299,273 shares of the company's stock valued at $129,795,000 after buying an additional 360,598 shares in the last quarter. William Blair Investment Management LLC grew its stake in shares of Revolve Group by 16.6% in the 4th quarter. William Blair Investment Management LLC now owns 2,148,125 shares of the company's stock valued at $64,852,000 after buying an additional 306,547 shares in the last quarter. Fuller & Thaler Asset Management Inc. bought a new stake in shares of Revolve Group in the 4th quarter valued at approximately $59,421,000. Balyasny Asset Management L.P. grew its stake in shares of Revolve Group by 55.7% in the 4th quarter. Balyasny Asset Management L.P. now owns 1,862,955 shares of the company's stock valued at $56,243,000 after buying an additional 666,784 shares in the last quarter. Finally, Marshall Wace LLP grew its stake in shares of Revolve Group by 44.4% in the 4th quarter. Marshall Wace LLP now owns 1,489,581 shares of the company's stock valued at $44,970,000 after buying an additional 458,287 shares in the last quarter. Institutional investors own 67.60% of the company's stock.

About Revolve Group

(Get Free Report)

Revolve Group, Inc operates as a leading online fashion retailer primarily serving millennial and Gen Z consumers through its flagship e-commerce platform. The company offers a curated assortment of apparel, accessories and beauty products from more than 500 established and emerging brands, alongside private label labels covering contemporary and premium segments. With a focus on trend-driven merchandise and seamless user experience, the website features shoppable editorial content and digital styling advice aimed at strengthening customer engagement and brand loyalty.

Founded in 2003 and headquartered in Cerritos, California, Revolve has expanded its footprint beyond North America by launching localized sites and logistics centers in Europe and the Middle East.

See Also

Analyst Recommendations for Revolve Group (NYSE:RVLV)

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

Should You Invest $1,000 in Revolve Group Right Now?

Before you consider Revolve Group, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Revolve Group wasn't on the list.

While Revolve Group currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

7 Stocks That Could Be Bigger Than Tesla, Nvidia, and Google Cover

Looking for the next FAANG stock before everyone has heard about it? Click the link to see which stocks MarketBeat analysts think might become the next trillion dollar tech company.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines