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Stock market today: World shares are mostly lower, tracking a rates-driven tumble on Wall Street
Elon Did It Again: This Could be Bigger than Tesla (Ad)
South Asia is expected to grow by nearly 6% this year, making it the world's fastest-growing region
Inflation is Why a Soft Landing is Bad for the Economy
S&P 500   4,229.45
DOW   33,002.38
QQQ   354.92
International Paper's 5% Yield Offers Big Value
AI Stock Caught Trading Under Secret Name (Ad)
Warren Buffett's company dumps another 5 million shares of printer maker HP
How You Can Beat the Yields on near 5% Treasuries, plus Upside
AI Stock Caught Trading Under Secret Name (Ad)
5 Economic Trends That Will Drive The Market In Q4
Stock market today: World shares are mostly lower, tracking a rates-driven tumble on Wall Street
Elon Did It Again: This Could be Bigger than Tesla (Ad)
South Asia is expected to grow by nearly 6% this year, making it the world's fastest-growing region
Inflation is Why a Soft Landing is Bad for the Economy
S&P 500   4,229.45
DOW   33,002.38
QQQ   354.92
International Paper's 5% Yield Offers Big Value
AI Stock Caught Trading Under Secret Name (Ad)
Warren Buffett's company dumps another 5 million shares of printer maker HP
How You Can Beat the Yields on near 5% Treasuries, plus Upside
AI Stock Caught Trading Under Secret Name (Ad)
5 Economic Trends That Will Drive The Market In Q4
Stock market today: World shares are mostly lower, tracking a rates-driven tumble on Wall Street
Elon Did It Again: This Could be Bigger than Tesla (Ad)
South Asia is expected to grow by nearly 6% this year, making it the world's fastest-growing region
Inflation is Why a Soft Landing is Bad for the Economy
S&P 500   4,229.45
DOW   33,002.38
QQQ   354.92
International Paper's 5% Yield Offers Big Value
AI Stock Caught Trading Under Secret Name (Ad)
Warren Buffett's company dumps another 5 million shares of printer maker HP
How You Can Beat the Yields on near 5% Treasuries, plus Upside
AI Stock Caught Trading Under Secret Name (Ad)
5 Economic Trends That Will Drive The Market In Q4
Stock market today: World shares are mostly lower, tracking a rates-driven tumble on Wall Street
Elon Did It Again: This Could be Bigger than Tesla (Ad)
South Asia is expected to grow by nearly 6% this year, making it the world's fastest-growing region
Inflation is Why a Soft Landing is Bad for the Economy
NASDAQ:RENT

Rent the Runway (RENT) Stock Forecast, Price & News

$0.71
-0.01 (-1.38%)
(As of 10/3/2023 ET)
Compare
Today's Range
$0.69
▼
$0.75
50-Day Range
$0.68
▼
$1.85
52-Week Range
$0.66
▼
$4.82
Volume
853,686 shs
Average Volume
1.43 million shs
Market Capitalization
$49.20 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$3.43
ProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesShort InterestSocial Media

Rent the Runway MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.50 Rating Score
Upside/​Downside
380.5% Upside
$3.43 Price Target
Short Interest
Bearish
20.25% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
N/A
Insider Trading
Selling Shares
$385,863 Sold Last Quarter
Proj. Earnings Growth
Growing
From ($1.66) to ($1.46) Per Share

Overall MarketRank™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.41 out of 5 stars

Retail/Wholesale Sector

93rd out of 211 stocks

Retail Stores, Not Elsewhere Classified Industry

6th out of 13 stocks

See Top Rated MarketRank™ Stocks Here

RENT stock logo

About Rent the Runway (NASDAQ:RENT) Stock

Rent the Runway, Inc. operates shared designer closet in the United States. The company offers evening wear and accessories, ready-to-wear, workwear, denim, casual, maternity, outerwear, blouses, knitwear, loungewear, jewelry, handbags, activewear, and ski wear under subscription, rental, and resale offering. It also engages in the software development and support activities. The company was incorporated in 2009 and is headquartered in Brooklyn, New York.

RENT Price History

RENT Stock News Headlines

September 13, 2023 | investorplace.com
Is a Giant Short Squeeze Brewing in Rent the Runway (RENT) Stock?
September 11, 2023 | finance.yahoo.com
Tesla upgraded, Rent The Runway downgraded: Wall Street's top analyst calls
October 4, 2023 | Behind the Markets (Ad)
Laser breakthrough could send stock soaring 2,467%
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September 11, 2023 | markets.businessinsider.com
Rent The Runway Analyst Cuts Forecast By 75%: 'Customer Acquisition Will Take A Hit'
September 11, 2023 | finance.yahoo.com
Rent the Runway, Inc. (NASDAQ:RENT) Q2 2023 Earnings Call Transcript
September 11, 2023 | finance.yahoo.com
Rent the Runway Second Quarter 2024 Earnings: EPS Beats Expectations, Revenues Lag
September 10, 2023 | marketwatch.com
Rent the Runway 2Q Loss Narrows, Revenue Misses
September 10, 2023 | msn.com
Rent the Runway (NASDAQ: RENT) Stumbles as Q2 Revenues Miss Expectations
October 4, 2023 | Chaikin Analytics (Ad)
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September 8, 2023 | seekingalpha.com
Rent the Runway GAAP EPS of -$0.40, revenue of $75.7M
September 8, 2023 | finance.yahoo.com
Rent the Runway, Inc. (RENT) Reports Q2 Loss, Lags Revenue Estimates
September 8, 2023 | finance.yahoo.com
Rent the Runway, Inc. (RENT) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates
September 7, 2023 | finance.yahoo.com
Fed's Mary Daly, earnings, Goldman Sachs conference: What to watch
September 7, 2023 | markets.businessinsider.com
Rent the Runway A earnings: here's what to expect
September 6, 2023 | news.yahoo.com
Arm's IPO targets $51B valuation, won't resurrect private-market liquidity
September 6, 2023 | theglobeandmail.com
Rent the Runway Alert: Options Traders Are Placing Big Bets on RENT Stock
August 23, 2023 | benzinga.com
Rent The Runway CEO Tells How Early Life Lessons Help Build $95M Company
August 21, 2023 | msn.com
Don’t Waste Your Money: Things you can rent instead of buying
August 18, 2023 | finance.yahoo.com
Rent the Runway to Report Second Quarter 2023 Results on September 8, 2023
August 16, 2023 | msn.com
CEO built her $96 million company with a lesson she learned as a 22-year-old intern—it's 'the most powerful thing you can do'
August 1, 2023 | yahoo.com
Birkenstock Preps for September IPO With Potentially Big Price Tag
July 25, 2023 | msn.com
Where to Rent Jewelry for a Fraction of the Retail Price
July 21, 2023 | yahoo.com
Molly Sims, Laney Crowell Cohost Hamptons Dinner
July 13, 2023 | yahoo.com
Maria Pinto Opens New Store in Chicago
June 22, 2023 | marketwatch.com
Full Dress Renta Market Business Growth and Industry Development by 2030 |Rent the Runway, Nuuly, Tulerie
June 15, 2023 | morningstar.com
Rent the Runway Inc Class A
June 14, 2023 | markets.businessinsider.com
Rent The Runway's Strong Unit Economics And Proprietary Data Advantage To Expand Margins: Analyst
See More Headlines
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RENT Company Calendar

Last Earnings
9/08/2023
Today
10/04/2023
Next Earnings (Estimated)
12/06/2023
Fiscal Year End
1/31/2024
Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange
NASDAQ
Industry
Retail stores, not elsewhere classified
Sub-Industry
N/A
Sector
Retail/Wholesale
Current Symbol
NASDAQ:RENT
CUSIP
76017410
CIK
800458
Web
www.renttherunway.com
Phone
212-524-6860
Fax
N/A
Employees
1,015
Year Founded
2009

Price Target and Rating

Average Stock Price Forecast
$3.43
High Stock Price Forecast
$6.00
Low Stock Price Forecast
$1.00
Forecasted Upside/Downside
+380.5%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
8 Analysts

Profitability

EPS (Most Recent Fiscal Year)
($1.82)
Trailing P/E Ratio
N/A
Forward P/E Ratio
N/A
P/E Growth
N/A
Net Income
$-138,700,000.00
Net Margins
-39.38%
Pretax Margin
-39.48%
Return on Equity
N/A
Return on Assets
-33.52%

Debt

Debt-to-Equity Ratio
N/A
Current Ratio
2.58
Quick Ratio
2.58

Sales & Book Value

Annual Sales
$296.40 million
Price / Sales
0.17
Cash Flow
N/A
Price / Cash Flow
N/A
Book Value
($0.54) per share
Price / Book
-1.32

Miscellaneous

Outstanding Shares
68,950,000
Free Float
60,615,000
Market Cap
$49.20 million
Optionable
Not Optionable
Beta
0.98

Social Links

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Key Executives

  • Ms. Jennifer Y. Hyman (Age 43)
    Co-Founder, Chairman & CEO
    Comp: $1.49M
  • Ms. Anushka SalinasMs. Anushka Salinas (Age 41)
    Pres & COO
    Comp: $921.26k
  • Ms. Jennifer Fleiss (Age 39)
    Co-Founder & Director
    Comp: $22k
  • Mr. Larry Steinberg (Age 55)
    Chief Technology Officer
    Comp: $671.29k
  • Mr. Daniel Lee Rosensweig (Age 61)
    Advisor
    Comp: $27.25k
  • Mr. Siddharth B. Thacker (Age 46)
    Chief Financial Officer
  • Ms. Cara Schembri (Age 47)
    Gen. Counsel & Sec.
  • Mr. Brian Donato (Age 51)
    Chief Revenue Officer
  • Ms. Sarah K. Tam (Age 49)
    Chief Merchant Officer
  • Mr. Drew Rau (Age 44)
    Sr. VP of Supply Chain & Inventory

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions













RENT Stock - Frequently Asked Questions

Should I buy or sell Rent the Runway stock right now?

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Rent the Runway in the last twelve months. There are currently 4 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" RENT shares.
View RENT analyst ratings or view top-rated stocks.

What is Rent the Runway's stock price forecast for 2023?

8 analysts have issued 1 year price targets for Rent the Runway's shares. Their RENT share price forecasts range from $1.00 to $6.00. On average, they anticipate the company's stock price to reach $3.43 in the next year. This suggests a possible upside of 380.5% from the stock's current price.
View analysts price targets for RENT or view top-rated stocks among Wall Street analysts.

How have RENT shares performed in 2023?

Rent the Runway's stock was trading at $3.05 on January 1st, 2023. Since then, RENT shares have decreased by 76.6% and is now trading at $0.7136.
View the best growth stocks for 2023 here.

When is Rent the Runway's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, December 6th 2023.
View our RENT earnings forecast.

How were Rent the Runway's earnings last quarter?

Rent the Runway, Inc. (NASDAQ:RENT) announced its earnings results on Friday, September, 8th. The company reported ($0.40) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.43) by $0.03. The business earned $75.70 million during the quarter, compared to analyst estimates of $78.54 million. During the same quarter last year, the business earned ($0.53) EPS.

What guidance has Rent the Runway issued on next quarter's earnings?

Rent the Runway issued an update on its third quarter 2023 earnings guidance on Friday, September, 8th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $72.00 million-$74.00 million, compared to the consensus revenue estimate of $84.74 million.

What other stocks do shareholders of Rent the Runway own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Rent the Runway investors own include Alibaba Group (BABA), OPKO Health (OPK), American Airlines Group (AAL), Alnylam Pharmaceuticals (ALNY), Ambarella (AMBA), Broadcom (AVGO), Biogen (BIIB) and Walt Disney (DIS).

When did Rent the Runway IPO?

(RENT) raised $332 million in an IPO on Wednesday, October 27th 2021. The company issued 17,000,000 shares at $18.00-$21.00 per share.

What is Rent the Runway's stock symbol?

Rent the Runway trades on the NASDAQ under the ticker symbol "RENT."

How do I buy shares of Rent the Runway?

Shares of RENT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Rent the Runway's stock price today?

One share of RENT stock can currently be purchased for approximately $0.71.

How much money does Rent the Runway make?

Rent the Runway (NASDAQ:RENT) has a market capitalization of $49.20 million and generates $296.40 million in revenue each year. The company earns $-138,700,000.00 in net income (profit) each year or ($1.82) on an earnings per share basis.

How many employees does Rent the Runway have?

The company employs 1,015 workers across the globe.

Does Rent the Runway have any subsidiaries?
The following companies are subsidiares of Rent the Runway: Go Try It On.
Read More
How can I contact Rent the Runway?

Rent the Runway's mailing address is 7700 NE Ambassador Pl, PORTLAND, OR 97220-1394, United States. The official website for the company is www.renttherunway.com. The company can be reached via phone at 212-524-6860 or via email at investors@renttherunway.com.

This page (NASDAQ:RENT) was last updated on 10/4/2023 by MarketBeat.com Staff

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