Rent the Runway (RENT)
NASDAQ:RENT
US Market

Rent the Runway (RENT) Stock Forecast & Price Target

154 Followers
See the Price Targets and Ratings of:

RENT Analyst Ratings

Strong Buy
9Ratings
7 Buy
2 Hold
0 Sell
Based on 9 analysts giving stock ratings to
Rent
the Runway
in the past 3 months
TipRanks enables you to focus on the analyst rating consensus of all analysts or only the top performers​ in the past 3 months

RENT Stock 12 Months Forecast

Average Price Target

$6.06
▲(352.24% Upside)
Based on 9 Wall Street analysts offering 12 month price targets for Rent the Runway in the last 3 months. The average price target is $6.06 with a high forecast of $8.00 and a low forecast of $2.50. The average price target represents a 352.24% change from the last price of $1.34.
Highest Price Target$8.00Average Price Target$6.06Lowest Price Target$2.50
The highest, average, and lowest price target of all analysts. Click on ‘Top Analysts’ to focus on the best performers.

Detailed List of Analyst Forecasts​

Analyst Profile
Expert Firm
Price Target
Position
Upside / Downside
Action
Date
Follow
Article
Upgrade Banner
Jefferies
$13.00
Buy
870.15%
Upside
Reiterated
Jefferies Sticks to Its Buy Rating for Rent the Runway (RENT)
Stocks with the Highest Top Analyst Consensus in the Consumer Goods Sector
xxxxxxxxxxxxxxx
xxxxxxxxxxxxxxx
xxxxxxxxxxxxxxx
xxxxxxxxxxxxxxx
xxxxxxxxxxxxxxx
Find stocks in the Consumer Goods sector that are highly recommended by Top Performing Analysts.

RENT Financial Forecast

RENT Earnings Forecast
Next quarter’s earnings estimate for RENT is -$0.56 with a range of -$0.62 to -$0.53. The previous quarter’s EPS was -$0.53. RENT beat its EPS estimate 75.00% of the time in the past 12 months, while its overall industry beat the EPS estimate 61.93% of the time in the same period. In the last calendar year RENT has Outperformed its overall industry.
Next quarter’s earnings estimate for RENT is -$0.56 with a range of -$0.62 to -$0.53. The previous quarter’s EPS was -$0.53. RENT beat its EPS estimate 75.00% of the time in the past 12 months, while its overall industry beat the EPS estimate 61.93% of the time in the same period. In the last calendar year RENT has Outperformed its overall industry.
RENT Sales Forecast
Next quarter’s sales forecast for RENT is $73.26M with a range of $71.30M to $74.00M. The previous quarter’s sales results were $76.50M. RENT beat its sales estimates 100.00% of the time in past 12 months, while its overall industry beat sales estimates 68.07% of the time in the same period. In the last calendar year RENT has Outperformed its overall industry.
Next quarter’s sales forecast for RENT is $73.26M with a range of $71.30M to $74.00M. The previous quarter’s sales results were $76.50M. RENT beat its sales estimates 100.00% of the time in past 12 months, while its overall industry beat sales estimates 68.07% of the time in the same period. In the last calendar year RENT has Outperformed its overall industry.
RENT Analyst Recommendation Trends
In the current month, RENT has received 0 Buy ratings 1 Hold ratings, and 0 Sell ratings. The RENT average analyst price target in the past 3 months is $6.06
In the current month, RENT has received 0 Buy ratings 1 Hold ratings, and 0 Sell ratings. The RENT average analyst price target in the past 3 months is $6.06

RENT Stock Forecast FAQ

What is RENT’s average 12-month price target, according to analysts?
Based on analyst ratings, Rent the Runway’s 12-month average price target is $6.06.
    What is RENT’s upside potential, based on the analysts’ average price target?
    Rent the Runway has 352.24% upside potential, based on the analysts’ average price target.
      Can I see which stocks the top-ranking analysts are rating?
      Yes, go to the Analysts’ Top Stocks tool to see stocks with a Strong Buy or Strong Sell analyst rating consensus, according to the top performers.
        How can I follow the stock ratings of top Wall Street analysts?
        Head over to our Expert Center to see a list of the top 100 Wall Street analysts and follow the analysts of your choice. Visit their profiles for more details about their stock ratings and see how they perform on a stock-by-stock basis.
          Is RENT a Buy, Sell or Hold?
          Rent the Runway has a conensus rating of Strong Buy which is based on 7 buy ratings, 2 hold ratings and 0 sell ratings.
            What is Rent the Runway’s price target?
            The average price target for Rent the Runway is $6.06. This is based on 9 Wall Streets Analysts 12-month price targets, issued in the past 3 months.
            The highest analyst price target is $8.00 ,the lowest forecast is $2.50. The average price target represents 352.24% Increase from the current price of $1.34.
              What do analysts say about Rent the Runway?
              Rent the Runway’s analyst rating consensus is a ‘Strong Buy. This is based on the ratings of 9 Wall Streets Analysts.

                What's Included in PREMIUM?
                Make informed decisions based on Top Analysts' activity
                Know what industry insiders are buying
                Get actionable alerts from top Wall Street Analysts
                Find out before anyone else which stock is going to shoot up
                Get powerful stock screeners & detailed portfolio analysis