RH (NYSE:RH) Given New $140.00 Price Target at The Goldman Sachs Group

RH (NYSE:RH) had its price target reduced by analysts at The Goldman Sachs Group from $164.00 to $140.00 in a report issued on Tuesday, Benzinga reports. The brokerage presently has a “neutral” rating on the stock. The Goldman Sachs Group’s target price would suggest a potential upside of 22.89% from the stock’s previous close.

RH has been the subject of several other reports. Bank of America dropped their target price on RH from $156.00 to $114.00 and set an “underperform” rating for the company in a research note on Friday, September 11th. Telsey Advisory Group raised their price target on RH from $140.00 to $155.00 and gave the stock a “market perform” rating in a research note on Friday, September 11th. Wells Fargo & Company lowered their price target on RH from $225.00 to $175.00 and set an “overweight” rating for the company in a report on Friday, September 11th. Morgan Stanley dropped their price objective on shares of RH from $240.00 to $210.00 and set an “overweight” rating for the company in a research note on Friday, September 11th. Finally, Stifel Nicolaus cut their price objective on shares of RH from $130.00 to $120.00 and set a “hold” rating on the stock in a report on Monday, September 28th. Seven analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and three have issued a Sell rating to the company. According to data from MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $163.79.

RH Stock Up 0.8%

Shares of NYSE RH opened at $113.92 on Tuesday. The firm has a market cap of $2.16 billion, a P/E ratio of 28.46, a price-to-earnings-growth ratio of 2.16 and a beta of 1.91. The company has a debt-to-equity ratio of 26.57, a quick ratio of 0.37 and a current ratio of 1.12. RH has a 1 year low of $106.30 and a 1 year high of $239.40. The firm’s 50 day moving average price is $137.11 and its 200 day moving average price is $145.46.

RH (NYSE:RH) last issued its quarterly earnings results on Thursday, September 10th. The company reported $2.70 earnings per share for the quarter, beating the consensus estimate of $0.38 by $2.32. RH had a return on equity of 132.79% and a net margin of 3.23%. The company had revenue of $922.15 million during the quarter, compared to the consensus estimate of $915.09 million. During the same period in the previous year, the firm posted $2.93 EPS. RH’s revenue was up 2.6% on a year-over-year basis. As a group, sell-side analysts anticipate that RH will post 5.23 earnings per share for the current year.

Insider Activity at RH

In other news, Director Mark Demilio sold 1,000 shares of the company’s stock in a transaction on Tuesday, September 22nd. The stock was sold at an average price of $132.00, for a total transaction of $132,000.00. Following the completion of the sale, the director directly owned 25,680 shares in the company, valued at $3,389,760. This represents a 3.75% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this link. 26.90% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Daytona Street Capital LLC purchased a new position in RH in the third quarter valued at about $87,000. Sequoia Financial Advisors LLC lifted its stake in shares of RH by 7.0% during the second quarter. Sequoia Financial Advisors LLC now owns 14,800 shares of the company’s stock worth $2,438,000 after purchasing an additional 967 shares in the last quarter. Engineers Gate Manager LP lifted its stake in shares of RH by 63.8% during the second quarter. Engineers Gate Manager LP now owns 19,337 shares of the company’s stock worth $3,185,000 after purchasing an additional 7,531 shares in the last quarter. Allworth Financial LP lifted its stake in shares of RH by 80.4% during the second quarter. Allworth Financial LP now owns 516 shares of the company’s stock worth $85,000 after purchasing an additional 230 shares in the last quarter. Finally, Nykredit A S purchased a new stake in shares of RH in the second quarter worth about $123,000. Institutional investors and hedge funds own 90.17% of the company’s stock.

Trending Headlines about RH

Here are the key news stories impacting RH this week:

• Neutral Sentiment: Hesai Group announced it will release third-quarter 2026 results on November 10, 2026. This does not affect RH directly. Hesai Group to Report Third Quarter 2026 Financial Results
• Neutral Sentiment: Announcements involving Kiler Holding covered share buybacks, insider ownership changes, and temporary trading restrictions. These developments are unrelated to RH.
• Neutral Sentiment: Ramsay Health Care, Resonance Health, and SmartFinancial also issued company updates, but none has a direct read-through to RH’s luxury home-furnishings business.

RH Company Profile

RH, formerly known as Restoration Hardware, is a luxury home-furnishings company that curates and sells products for residential and hospitality environments. Its offerings include furniture, lighting, textiles, rugs, bath and kitchen fixtures, outdoor furnishings, décor and related design products.

The company markets its products through a multichannel platform that includes large-format RH Galleries, outlet locations, source books, websites and trade services for professional designers.