Revolve Group, Inc. (NYSE:RVLV) Receives $30.08 Average Price Target from Brokerages

Shares of Revolve Group, Inc. (NYSE:RVLV) have been given an average rating of “Moderate Buy” by the thirteen research firms that are covering the stock, MarketBeat.com reports. Six research analysts have rated the stock with a hold rating and seven have issued a buy rating on the company. The average 1 year price objective among analysts that have issued a report on the stock in the last year is $30.0769.

A number of analysts recently issued reports on RVLV shares. BTIG Research reissued a “buy” rating and issued a $35.00 target price on shares of Revolve Group in a research report on Wednesday, May 6th. Robert W. Baird set a $28.00 price objective on Revolve Group in a report on Wednesday, May 6th. KeyCorp cut their price objective on Revolve Group from $35.00 to $32.00 and set an “overweight” rating for the company in a research report on Wednesday, May 6th. Piper Sandler upped their target price on shares of Revolve Group from $27.00 to $30.00 and gave the company an “overweight” rating in a report on Wednesday, August 5th. Finally, Roth Capital reissued a “buy” rating and issued a $37.00 price objective on shares of Revolve Group in a research report on Wednesday, August 5th.

Institutional Inflows and Outflows

Several large investors have recently made changes to their positions in RVLV. Fuller & Thaler Asset Management Inc. acquired a new position in shares of Revolve Group during the 4th quarter valued at $59,421,000. Cooper Creek Partners Management LLC purchased a new stake in Revolve Group during the 3rd quarter worth approximately $22,164,000. Balyasny Asset Management L.P. raised its position in shares of Revolve Group by 830.9% in the 2nd quarter. Balyasny Asset Management L.P. now owns 1,009,877 shares of the company’s stock valued at $20,248,000 after purchasing an additional 901,396 shares in the last quarter. Marshall Wace LLP raised its position in shares of Revolve Group by 89.3% in the 3rd quarter. Marshall Wace LLP now owns 1,031,294 shares of the company’s stock valued at $21,967,000 after purchasing an additional 486,616 shares in the last quarter. Finally, Vanguard Group Inc. boosted its stake in shares of Revolve Group by 9.2% during the 4th quarter. Vanguard Group Inc. now owns 4,299,273 shares of the company’s stock valued at $129,795,000 after buying an additional 360,598 shares during the last quarter. 67.60% of the stock is owned by hedge funds and other institutional investors.

Revolve Group Trading Up 1.0%

Shares of NYSE RVLV opened at $24.11 on Friday. Revolve Group has a 12-month low of $17.35 and a 12-month high of $31.68. The business’s fifty day simple moving average is $23.74 and its 200-day simple moving average is $23.34. The stock has a market cap of $1.71 billion, a P/E ratio of 23.87, a PEG ratio of 2.97 and a beta of 1.60.

Revolve Group (NYSE:RVLV) last issued its earnings results on Tuesday, August 4th. The company reported $0.26 EPS for the quarter, topping analysts’ consensus estimates of $0.21 by $0.05. Revolve Group had a net margin of 5.54% and a return on equity of 13.38%. The firm had revenue of $347.41 million during the quarter, compared to the consensus estimate of $341.91 million. During the same quarter in the previous year, the firm posted $0.14 earnings per share. The company’s revenue was up 12.5% compared to the same quarter last year. On average, equities analysts forecast that Revolve Group will post 0.82 EPS for the current fiscal year.

Revolve Group Company Profile

Revolve Group, Inc operates as a leading online fashion retailer primarily serving millennial and Gen Z consumers through its flagship e-commerce platform. The company offers a curated assortment of apparel, accessories and beauty products from more than 500 established and emerging brands, alongside private label labels covering contemporary and premium segments. With a focus on trend-driven merchandise and seamless user experience, the website features shoppable editorial content and digital styling advice aimed at strengthening customer engagement and brand loyalty.

Founded in 2003 and headquartered in Cerritos, California, Revolve has expanded its footprint beyond North America by launching localized sites and logistics centers in Europe and the Middle East.