Robert W. Baird Lowers RH (NYSE:RH) Price Target to $160.00

RH (NYSE:RH) had its price objective cut by equities researchers at Robert W. Baird from $165.00 to $160.00 in a research report issued on Friday, Benzinga reports. The brokerage currently has a “neutral” rating on the stock. Robert W. Baird’s target price suggests a potential upside of 19.50% from the company’s current price.

RH has been the topic of several other reports. Weiss Ratings reiterated a “sell (d)” rating on shares of RH in a research report on Friday, July 24th. Stifel Nicolaus boosted their price objective on shares of RH from $110.00 to $130.00 and gave the company a “hold” rating in a research report on Friday, June 12th. Guggenheim restated a “buy” rating and issued a $200.00 price objective on shares of RH in a research note on Friday, June 12th. The Goldman Sachs Group raised RH from a “sell” rating to a “neutral” rating and raised their target price for the stock from $86.00 to $155.00 in a report on Wednesday, July 8th. Finally, Bank of America started coverage on RH in a research report on Monday, August 3rd. They set an “underperform” rating and a $156.00 target price on the stock. Seven analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and three have issued a Sell rating to the company’s stock. According to MarketBeat, RH currently has a consensus rating of “Hold” and a consensus price target of $174.07.

RH Price Performance

NYSE RH opened at $133.89 on Friday. RH has a 52 week low of $106.30 and a 52 week high of $248.44. The firm has a market capitalization of $2.53 billion, a P/E ratio of 25.85, a PEG ratio of 3.32 and a beta of 1.85. The company has a quick ratio of 0.32, a current ratio of 1.13 and a debt-to-equity ratio of 54.96. The company has a 50-day moving average price of $167.02 and a 200-day moving average price of $150.20.

RH (NYSE:RH) last issued its quarterly earnings data on Thursday, September 10th. The company reported $2.70 earnings per share for the quarter, topping the consensus estimate of $0.38 by $2.32. The firm had revenue of $922.15 million for the quarter, compared to analysts’ expectations of $915.09 million. RH had a net margin of 3.01% and a return on equity of 423.79%. The business’s quarterly revenue was up 2.6% on a year-over-year basis. During the same quarter in the prior year, the business earned $2.93 EPS. Equities research analysts anticipate that RH will post 4.2 earnings per share for the current year.

Insiders Place Their Bets

In related news, Director Mark S. Demilio sold 3,102 shares of RH stock in a transaction on Thursday, June 18th. The shares were sold at an average price of $144.00, for a total transaction of $446,688.00. Following the transaction, the director owned 25,830 shares in the company, valued at approximately $3,719,520. The trade was a 10.72% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Gary G. Friedman sold 69,069 shares of the company’s stock in a transaction on Monday, July 6th. The stock was sold at an average price of $169.48, for a total transaction of $11,705,814.12. Following the completion of the transaction, the chief executive officer directly owned 3,282,268 shares of the company’s stock, valued at $556,278,780.64. This represents a 2.06% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 132,749 shares of company stock worth $21,856,812 over the last three months. 26.90% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On RH

A number of institutional investors have recently bought and sold shares of RH. California State Teachers Retirement System boosted its stake in RH by 16,138.1% in the 2nd quarter. California State Teachers Retirement System now owns 2,835,168 shares of the company’s stock worth $467,037,000 after purchasing an additional 2,817,708 shares during the period. BlackRock Inc. raised its position in shares of RH by 41.7% during the second quarter. BlackRock Inc. now owns 1,978,271 shares of the company’s stock valued at $325,881,000 after buying an additional 581,710 shares during the last quarter. Durable Capital Partners LP raised its position in shares of RH by 125.1% during the second quarter. Durable Capital Partners LP now owns 646,097 shares of the company’s stock valued at $122,119,000 after buying an additional 359,101 shares during the last quarter. Jacobs Levy Equity Management Inc. lifted its holdings in shares of RH by 1,797.7% in the fourth quarter. Jacobs Levy Equity Management Inc. now owns 246,355 shares of the company’s stock worth $44,134,000 after buying an additional 233,373 shares in the last quarter. Finally, Alliancebernstein L.P. lifted its holdings in shares of RH by 66.1% in the third quarter. Alliancebernstein L.P. now owns 573,666 shares of the company’s stock worth $116,546,000 after buying an additional 228,229 shares in the last quarter. Hedge funds and other institutional investors own 90.17% of the company’s stock.

Trending Headlines about RH

Here are the key news stories impacting RH this week:

• Positive Sentiment: Quarterly earnings beat expectations: RH reported adjusted EPS of $2.70, well above the roughly $0.38-$0.42 consensus estimate. Revenue was approximately $922 million, up 2.6% year over year and broadly in line with estimates. Gross profit increased 8.7%, while operating cash flow reached $145.2 million. RH quarterly earnings report
• Positive Sentiment: RH Estates creates a potential growth catalyst: CEO Gary Friedman said the new RH Estates collection could potentially double RH’s total addressable market. Management aims for Estates to represent 50% of the company’s offering within five years, with the first freestanding gallery now open in Connecticut. RH Estates growth outlook
• Positive Sentiment: Full-year outlook exceeded expectations: RH projected fiscal 2026 revenue of $3.6 billion to $3.7 billion, above the approximately $3.5 billion analyst consensus, implying revenue growth of about 5.5% to 7%. This helped reinforce expectations for a stronger second half. RH fiscal 2026 results
• Neutral Sentiment: Near-term execution remains important: Third-quarter revenue guidance of $928 million to $936.8 million was below the roughly $964 million consensus, suggesting that much of the recovery is weighted toward the fourth quarter. RH mixed quarterly results
• Negative Sentiment: Quality of the earnings beat is a concern: Reports indicated that a tariff refund provided a substantial boost to second-quarter profitability. Operating profit declined year over year, and revenue growth remains modest, raising questions about the durability of the earnings improvement. RH tariff refund impact

RH Company Profile

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.