RH (NYSE:RH) on Thursday reported better-than-expected second-quarter earnings.
RH reported quarterly earnings of $2.70 per share, which beat the Street estimate of $1.78 by 51.69%, per Benzinga Pro data. Quarterly revenue of $922.15 million missed the analyst consensus estimate of $936.25 million, but was up from $899.15 million in the same period last year.
RH narrowed its fiscal 2026 revenue outlook to a range of $3.63 billion to $3.68 billion, versus the $3.63 billion analyst estimate.
RH shares gained 1.5% to trade at $136.00 on Friday.
These analysts made changes to their price targets on RH following earnings announcement.
- Baird analyst Peter Benedict maintained the stock with a Neutral and lowered the price target from $165 to $160.
- B of A Securities analyst Christopher Nardone maintained the stock with an Underperform rating and lowered the price target from $156 to $114.
- UBS analyst Michael Lasser maintained the stock with a Neutral and lowered the price target from $155 to $154.
- Wells Fargo analyst Zachary Fadem maintained the stock with an Overweight rating and lowered the price target from $225 to $175.
- TD Cowen analyst Max Rakhlenko maintained the stock with a Buy and lowered the price target from $220 to $190.
- JP Morgan analyst Christopher Horvers maintained the stock with an Overweight rating and cut the price target from $212 to $190.
- Telsey Advisory Group analyst Cristina Fernandez maintained the stock with a Market Perform and raised the price target from $140 to $155.
- BNP Paribas analyst Chris Bottiglieri reiterated the stock with an Underperform rating and cut the price target from $90 to $81.
Considering buying RH stock? Here’s what analysts think:
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