What is Telsey Advisory Group's Forecast for RH Q2 Earnings?

RH (NYSE:RH - Free Report) - Equities researchers at Telsey Advisory Group decreased their Q2 2026 earnings per share (EPS) estimates for shares of RH in a note issued to investors on Monday, June 9th. Telsey Advisory Group analyst C. Fernandez now anticipates that the company will earn $3.32 per share for the quarter, down from their previous estimate of $3.73. Telsey Advisory Group currently has a "Outperform" rating and a $255.00 target price on the stock. The consensus estimate for RH's current full-year earnings is $4.39 per share. Telsey Advisory Group also issued estimates for RH's Q3 2026 earnings at $3.93 EPS, FY2026 earnings at $10.25 EPS, Q2 2027 earnings at $4.41 EPS, Q3 2027 earnings at $5.15 EPS and FY2027 earnings at $14.40 EPS.

Other research analysts have also recently issued research reports about the stock. Robert W. Baird dropped their price objective on shares of RH from $400.00 to $215.00 and set a "neutral" rating for the company in a research report on Thursday, April 3rd. Bank of America boosted their target price on RH from $144.00 to $172.00 and gave the stock an "underperform" rating in a research report on Wednesday, May 14th. The Goldman Sachs Group cut their price target on RH from $276.00 to $194.00 and set a "neutral" rating on the stock in a research note on Monday, May 5th. Wall Street Zen upgraded RH from a "sell" rating to a "hold" rating in a research report on Thursday, May 22nd. Finally, Morgan Stanley cut their price objective on shares of RH from $530.00 to $300.00 and set an "overweight" rating on the stock in a report on Thursday, April 3rd. Two equities research analysts have rated the stock with a sell rating, six have issued a hold rating and nine have assigned a buy rating to the company. According to MarketBeat.com, the company currently has a consensus rating of "Hold" and an average target price of $270.00.

RH Stock Performance

Shares of NYSE RH traded down $0.45 during trading on Wednesday, reaching $178.53. The company had a trading volume of 921,479 shares, compared to its average volume of 1,006,949. RH has a 52 week low of $123.03 and a 52 week high of $457.26. The business's 50 day moving average price is $183.28 and its 200-day moving average price is $296.61. The stock has a market cap of $3.34 billion, a PE ratio of 51.30, a PEG ratio of 2.65 and a beta of 2.19.

RH (NYSE:RH - Get Free Report) last posted its earnings results on Wednesday, April 2nd. The company reported $1.58 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $1.91 by ($0.33). The firm had revenue of $812.41 million during the quarter, compared to the consensus estimate of $828.21 million. RH had a net margin of 2.25% and a negative return on equity of 35.72%. The business's revenue was up 10.0% on a year-over-year basis. During the same quarter last year, the firm posted $0.72 EPS.

Institutional Trading of RH

A number of hedge funds have recently bought and sold shares of the business. AlphaQuest LLC bought a new position in RH in the 1st quarter worth approximately $29,000. Sunbelt Securities Inc. lifted its stake in RH by 690.0% during the fourth quarter. Sunbelt Securities Inc. now owns 79 shares of the company's stock worth $31,000 after purchasing an additional 69 shares during the last quarter. Rakuten Securities Inc. grew its position in RH by 180.0% during the fourth quarter. Rakuten Securities Inc. now owns 112 shares of the company's stock valued at $44,000 after acquiring an additional 72 shares during the last quarter. GAMMA Investing LLC boosted its stake in shares of RH by 146.1% in the 1st quarter. GAMMA Investing LLC now owns 187 shares of the company's stock valued at $44,000 after purchasing an additional 111 shares in the last quarter. Finally, NBC Securities Inc. purchased a new stake in RH during the first quarter valued at about $45,000. 90.17% of the stock is currently owned by institutional investors.

About RH

RH, together with its subsidiaries, operates as a retailer in the home furnishings market. The company offers products in various categories, including furniture, lighting, textiles, bathware, décor, outdoor and garden, baby, child, and teen furnishings. It provides its products through rh.com, rhbabyandchild.com, rhteen.com, rhmodern.com, and waterworks.com online channels, as well as operates RH Galleries, RH outlet stores, RH Guesthouse, and Waterworks showrooms in the United States, Canada, the United Kingdom, and Germany.