RH (NYSE:RH) Price Target Cut to $190.00 by Analysts at JPMorgan Chase & Co.

RH (NYSE:RH) had its target price reduced by stock analysts at JPMorgan Chase & Co. from $212.00 to $190.00 in a research report issued to clients and investors on Friday, Benzinga reports. The brokerage currently has an “overweight” rating on the stock. JPMorgan Chase & Co.‘s target price suggests a potential upside of 38.85% from the stock’s current price.

Other equities analysts have also recently issued research reports about the company. Wells Fargo & Company reduced their target price on RH from $225.00 to $175.00 and set an “overweight” rating for the company in a report on Friday. TD Cowen lowered their price target on RH from $220.00 to $190.00 and set a “buy” rating on the stock in a research note on Friday. Bank of America dropped their price target on RH from $156.00 to $114.00 and set an “underperform” rating for the company in a research report on Friday. Zacks Research raised RH from a “strong sell” rating to a “hold” rating in a research note on Tuesday, June 16th. Finally, Weiss Ratings restated a “sell (d)” rating on shares of RH in a report on Friday, July 24th. Seven research analysts have rated the stock with a Buy rating, ten have given a Hold rating and three have assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $166.64.

RH Price Performance

Shares of RH stock traded up $2.82 on Friday, reaching $136.84. 1,102,857 shares of the company were exchanged, compared to its average volume of 1,029,137. The company has a market cap of $2.59 billion, a price-to-earnings ratio of 26.45, a P/E/G ratio of 3.32 and a beta of 1.85. The business has a 50-day moving average price of $167.02 and a 200 day moving average price of $150.20. The company has a debt-to-equity ratio of 54.96, a quick ratio of 0.32 and a current ratio of 1.13. RH has a 1 year low of $106.30 and a 1 year high of $248.44.

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 analysts’ consensus estimates of $0.38 by $2.32. RH had a net margin of 3.01% and a return on equity of 423.79%. The firm had revenue of $922.15 million for the quarter, compared to analyst estimates of $915.09 million. During the same period last year, the company posted $2.93 EPS. RH’s quarterly revenue was up 2.6% compared to the same quarter last year. Equities research analysts forecast that RH will post 4.2 earnings per share for the current fiscal year.

Insider Buying and Selling at RH

In related news, Director Carlos Alberini purchased 11,388 shares of RH stock in a transaction dated Monday, June 29th. The shares were acquired at an average price of $160.90 per share, for a total transaction of $1,832,329.20. Following the acquisition, the director directly owned 32,190 shares in the company, valued at approximately $5,179,371. The trade was a 54.74% increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Gary G. Friedman sold 48,238 shares of the business’s stock in a transaction dated Wednesday, July 8th. The shares were sold at an average price of $158.66, for a total transaction of $7,653,441.08. Following the transaction, the chief executive officer directly owned 3,226,337 shares in the company, valued at approximately $511,890,628.42. The trade was a 1.47% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 132,749 shares of company stock worth $21,856,812 in the last three months. 26.90% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On RH

Hedge funds and other institutional investors have recently bought and sold shares of the company. Belpointe Asset Management LLC grew its holdings in shares of RH by 3.5% during the second quarter. Belpointe Asset Management LLC now owns 2,217 shares of the company’s stock valued at $365,000 after purchasing an additional 75 shares during the last quarter. D.B. Root & Company LLC lifted its holdings in shares of RH by 0.9% in the 2nd quarter. D.B. Root & Company LLC now owns 8,413 shares of the company’s stock worth $1,386,000 after purchasing an additional 78 shares during the last quarter. Public Employees Retirement System of Ohio boosted its position in RH by 1.6% during the 3rd quarter. Public Employees Retirement System of Ohio now owns 5,122 shares of the company’s stock valued at $1,041,000 after purchasing an additional 81 shares during the period. US Bancorp DE boosted its position in RH by 30.8% during the 3rd quarter. US Bancorp DE now owns 416 shares of the company’s stock valued at $85,000 after purchasing an additional 98 shares during the period. Finally, Oregon Public Employees Retirement Fund grew its stake in RH by 3.3% during the 1st quarter. Oregon Public Employees Retirement Fund now owns 3,170 shares of the company’s stock worth $443,000 after buying an additional 100 shares during the last quarter. 90.17% of the stock is currently owned by institutional investors and hedge funds.

Trending Headlines about RH

Here are the key news stories impacting RH this week:

• Positive Sentiment: RH reported second-quarter EPS of $2.70, far above the roughly $0.38–$0.42 analyst consensus. Revenue rose 2.6% year over year to approximately $922 million, slightly above some estimates. The results helped drive a premarket rally. RH Stock Rallies After Mixed Q2 Print
• Positive Sentiment: Management projected fiscal 2026 revenue of $3.6 billion to $3.7 billion, above the approximately $3.5 billion consensus. Investors are also focused on RH Estates, which management believes could substantially expand the company’s addressable market and represent half of its offering within five years. RH Projects Fiscal 2026 Revenue Growth
• Positive Sentiment: Guggenheim reaffirmed its “buy” rating with a $200 price target, while TD Cowen maintained a “buy” rating despite lowering its target to $190. Both targets imply substantial upside from recent trading levels.
• Positive Sentiment: Telsey Advisory Group raised its price target to $155 from $140, although it retained a “market perform” rating, reflecting modest confidence in the recovery outlook.
• Neutral Sentiment: Robert W. Baird lowered its target to $160 from $165 and kept a “neutral” rating. William Blair analyst Phillip Blee also maintained a “hold” stance, indicating that the earnings beat has not fully resolved concerns about the business trajectory.
• Negative Sentiment: Analysts cautioned that tariff refunds materially supported the quarter’s profitability, potentially masking persistent margin pressure and weakness in underlying or core sales. Operating profit reportedly declined year over year despite higher gross profit. RH Tariff Benefits Mask Enduring Margin Pressure
• Negative Sentiment: Bank of America cut its price target sharply to $114 from $156 and assigned an “underperform” rating, citing downside risk. RH’s third-quarter revenue guidance of $928 million to $936.8 million is also below the roughly $964 million consensus, tempering the bullish reaction to the quarterly EPS beat.

About RH

RH, formerly Restoration Hardware, is a design-driven luxury retailer specializing in high-end home furnishings, décor, textiles, lighting and outdoor living products. The company offers a curated collection of furniture pieces—including seating, casegoods, beds and dining items—alongside rugs, art and decorative accessories. RH’s product lines are organized into distinct collections, each reflecting a cohesive design philosophy and premium craftsmanship aimed at the residential and hospitality markets.

Founded in 1979 in Eureka, California, by Stephen Gordon, Restoration Hardware began as a small warehouse in Northern California.