TD Cowen Has Lowered Expectations for RH (NYSE:RH) Stock Price

RH (NYSE:RH) had its price target decreased by research analysts at TD Cowen from $220.00 to $190.00 in a report released on Friday, Benzinga reports. The firm currently has a “buy” rating on the stock. TD Cowen’s target price indicates a potential upside of 42.39% from the company’s previous close.

Several other equities research analysts have also issued reports on the stock. The Goldman Sachs Group upgraded RH from a “sell” rating to a “neutral” rating and raised their target price for the company from $86.00 to $155.00 in a research report on Wednesday, July 8th. Robert W. Baird decreased their price objective on shares of RH from $165.00 to $160.00 and set a “neutral” rating on the stock in a report on Friday. Bank of America reduced their price target on shares of RH from $156.00 to $114.00 and set an “underperform” rating for the company in a research report on Friday. Wells Fargo & Company cut their price objective on RH from $225.00 to $175.00 and set an “overweight” rating for the company in a research note on Friday. Finally, Citigroup boosted their price target on RH from $150.00 to $166.00 and gave the stock a “neutral” rating in a research report on Monday, June 15th. Seven investment analysts have rated the stock with a Buy rating, ten have issued a Hold rating and three have given a Sell rating to the company’s stock. According to data from MarketBeat, RH has an average rating of “Hold” and a consensus price target of $168.21.

RH Stock Performance

RH stock traded down $0.58 during midday trading on Friday, reaching $133.44. The stock had a trading volume of 840,292 shares, compared to its average volume of 1,027,350. The company has a debt-to-equity ratio of 54.96, a quick ratio of 0.32 and a current ratio of 1.13. The firm has a fifty day simple moving average of $167.02 and a two-hundred day simple moving average of $150.20. The stock has a market cap of $2.52 billion, a PE ratio of 25.70, a P/E/G ratio of 3.32 and a beta of 1.85. RH has a 52-week low of $106.30 and a 52-week 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, topping the consensus estimate of $0.38 by $2.32. The company had revenue of $922.15 million for the quarter, compared to the consensus estimate of $915.09 million. RH had a net margin of 3.01% and a return on equity of 423.79%. RH’s quarterly revenue was up 2.6% on a year-over-year basis. During the same quarter in the prior year, the company earned $2.93 EPS. As a group, equities research analysts anticipate that RH will post 4.2 EPS for the current year.

Insider Transactions at RH

In related news, Director Mark Demilio sold 2,445 shares of RH stock in a transaction that occurred on Friday, July 10th. The shares were sold at an average price of $168.44, for a total value of $411,835.80. Following the completion of the transaction, the director owned 25,680 shares in the company, valued at approximately $4,325,539.20. The trade was a 8.69% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CEO Gary Friedman sold 48,238 shares of the firm’s stock in a transaction that occurred on 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 completion of the transaction, the chief executive officer directly owned 3,226,337 shares of the company’s stock, valued at $511,890,628.42. This represents a 1.47% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders have sold 132,749 shares of company stock valued at $21,856,812. 26.90% of the stock is currently owned by corporate insiders.

Institutional Trading of RH

Several hedge funds have recently added to or reduced their stakes in the company. Norges Bank acquired a new position in shares of RH in the fourth quarter valued at approximately $28,092,000. Deutsche Bank AG raised its stake in shares of RH by 526.0% during the 2nd quarter. Deutsche Bank AG now owns 19,019 shares of the company’s stock worth $3,133,000 after buying an additional 15,981 shares in the last quarter. Quantinno Capital Management LP boosted its stake in shares of RH by 138.1% in the first quarter. Quantinno Capital Management LP now owns 24,999 shares of the company’s stock valued at $3,495,000 after buying an additional 14,500 shares in the last quarter. Oak Thistle LLC acquired a new position in RH during the second quarter worth $2,033,000. Finally, Logan Capital Management Inc. raised its position in RH by 115.2% in the fourth quarter. Logan Capital Management Inc. now owns 32,716 shares of the company’s stock worth $5,861,000 after acquiring an additional 17,516 shares in the last quarter. Institutional investors and hedge funds own 90.17% of the company’s stock.

Trending Headlines about RH

Here are the key news stories impacting RH this week:

• Positive Sentiment: RH reported quarterly adjusted 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 and slightly exceeded the $915 million estimate. Results were helped significantly by tariff refunds. RH earnings report
• Positive Sentiment: Management projected fiscal 2026 revenue of $3.6 billion to $3.7 billion, above consensus, and expects RH Estates to represent about 50% of its offering within five years. Executives said the collection could potentially double the company’s total addressable market, supporting the long-term growth narrative. RH fiscal 2026 outlook
• Positive Sentiment: The launch of RH Estates, including a new freestanding gallery in Connecticut, gives investors a visible catalyst for product expansion and customer acquisition. RH Estates collection
• Neutral Sentiment: Analyst reaction was mixed: Telsey raised its price target to $155 while maintaining “market perform,” whereas Baird lowered its target to $160 and kept a “neutral” rating. RH analyst ratings
• Negative Sentiment: Analysts warned that tariff-related benefits may obscure persistent margin pressure and weak core sales. Operating profit reportedly declined year over year, while third-quarter revenue guidance of $928 million to $936.8 million was below the roughly $964 million consensus. RH margin pressure analysis

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.