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Rent the Runway (RENT)
NASDAQ:RENT
Holding RENT?
Track your performance easily
See the Price Targets and Ratings of:
RENT Analyst Ratings
Moderate Buy
2 Buy
0 Hold
0 Sell
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 Month Forecast
Average Price Target
$33.00
▲(193.33% Upside)
| Highest Price Target$40.00 | Average Price Target$33.00 | Lowest Price Target$26.00 |
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
Ranks
Any
Analyst Rating
Any
Upside/ Downside
Any
Action
Any
JMP Securities
$40
Buy
255.56%
Upside
Reiterated
09/06/24
JMP Securities Sticks to Their Buy Rating for Rent the Runway (RENT)
Jefferies
$34→$26
Buy
131.11%
Upside
Reiterated
09/06/24
Rent The Runway price target lowered to $26 from $34 at JefferiesRent The Runway price target lowered to $26 from $34 at Jefferies
Goldman Sachs
$40→$28
Buy
148.89%
Upside
Reiterated
04/12/24
Rent the Runway Inc (RENT) PT Lowered to $28 at Goldman SachsGoldman Sachs analyst Alexandra Steiger lowered the price target on Rent the Runway Inc (NASDAQ: RENT) to $28.00 (from $40.00) while maintaining a Buy rating.
Piper Sandler
$128,000,000→$15
Hold
33.33%
Upside
Downgraded
01/17/24
Rent The Runway downgraded to Neutral from Overweight at Piper SandlerRent The Runway downgraded to Neutral from Overweight at Piper Sandler
Telsey Advisory
$20
Hold
77.78%
Upside
Initiated
01/10/24
Rent the Runway (RENT) Receives a New Rating from Telsey Advisory
Barclays
$1,200→$40
Buy
255.56%
Upside
Reiterated
12/06/23
Rent The Runway price target lowered by $1 at Barclays, here's whyRent The Runway price target lowered by $1 at Barclays, here's why
Morgan Stanley
$20
Hold
77.78%
Upside
Reiterated
12/06/23
Hold Rating Maintained for Rent the Runway Amidst Strategic Shifts and Awaited Profitability Proofs
Best Analysts Covering Rent the Runway
Which Analyst Should I Follow If I Want to Buy RENT and Sell After:
1 Month
xxx
Success Rate
2/14 ratings generated profit
Average Return
-19.45%
reiterated a xxx
rating 4 months ago
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 1 Month would result in 14.29% of your transactions generating a profit, with an average return of -19.45% per trade.
3 Months
xxx
Success Rate
3/14 ratings generated profit
Average Return
-24.27%
reiterated a xxx
rating 4 months ago
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 3 Months would result in 21.43% of your transactions generating a profit, with an average return of -24.27% per trade.
1 Year
Success Rate
1/14 ratings generated profit
Average Return
-47.09%
reiterated a buy rating 4 months ago
Copying Andrew Boone's trades and holding each position for 1 Year would result in 7.14% of your transactions generating a profit, with an average return of -47.09% per trade.
2 Years
xxx
Success Rate
1/14 ratings generated profit
Average Return
-56.06%
reiterated a xxx
rating 4 months ago
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 2 Years would result in 7.14% of your transactions generating a profit, with an average return of -56.06% per trade.
The Best Analyst Covering tool allows you to follow the analysts who have the best success rates and average returns on a specific stock. Only analysts that gave a Buy or Sell rating on the stock in the past 12 months are eligible for inclusion in this tool. Follow the analysts of your choice to receive real-time updates when they publish a new rating.
RENT Analyst Recommendation Trends
Rating
Dec 23
Jan 24
Apr 24
Jun 24
Sep 24
Strong Buy
8
4
4
3
3
Buy
1
2
5
5
4
Hold
6
5
5
3
1
Sell
0
0
0
0
0
Strong Sell
0
0
0
0
0
total
15
11
14
11
8
Each month's total comprises the sum of three months' worth of ratings.
RENT Financial Forecast
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 $33.00.
What is RENT’s upside potential, based on the analysts’ average price target?
Rent the Runway has 193.33% 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 consensus rating of Moderate Buy which is based on 2 buy ratings, 0 hold ratings and 0 sell ratings.
What is Rent the Runway’s price target?
The average price target for Rent the Runway is $33.00. This is based on 2 Wall Streets Analysts 12-month price targets, issued in the past 3 months.
The highest analyst price target is $40.00 ,the lowest forecast is $26.00. The average price target represents 193.33% Increase from the current price of $11.25.
The highest analyst price target is $40.00 ,the lowest forecast is $26.00. The average price target represents 193.33% Increase from the current price of $11.25.
What do analysts say about Rent the Runway?
Rent the Runway’s analyst rating consensus is a Moderate Buy. This is based on the ratings of 2 Wall Streets Analysts.
How can I buy shares of RENT?
Open a brokerage account, see exclusive account opening deals on our Best Online Brokers page.