Telsey Advisory Group Cuts RH (NYSE:RH) Price Target to $140.00

RH (NYSE:RH) had its price objective cut by Telsey Advisory Group from $165.00 to $140.00 in a research report issued to clients and investors on Wednesday,Benzinga reports. The firm presently has a “market perform” rating on the stock. Telsey Advisory Group’s price target suggests a potential upside of 25.63% from the company’s previous close.

Several other brokerages have also weighed in on RH. Bank of America decreased their price objective on RH from $200.00 to $170.00 and set an “underperform” rating for the company in a report on Friday, December 12th. JPMorgan Chase & Co. dropped their price objective on shares of RH from $275.00 to $225.00 and set an “overweight” rating on the stock in a report on Friday, December 19th. Zelman & Associates reiterated an “outperform” rating on shares of RH in a research report on Thursday, January 29th. Stifel Nicolaus reiterated a “hold” rating and issued a $165.00 target price (down from $320.00) on shares of RH in a research note on Friday, December 12th. Finally, KeyCorp reissued a “sector weight” rating on shares of RH in a research report on Friday, December 12th. 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. Based on data from MarketBeat, the company presently has an average rating of “Hold” and an average price target of $207.07.

RH Price Performance

RH stock opened at $111.43 on Wednesday. The business’s 50 day simple moving average is $174.82 and its 200 day simple moving average is $180.43. RH has a 12 month low of $108.00 and a 12 month high of $257.00. The company has a market cap of $2.09 billion, a price-to-earnings ratio of 19.84, a PEG ratio of 0.55 and a beta of 2.14. The company has a current ratio of 1.19, a quick ratio of 0.26 and a debt-to-equity ratio of 944.39.

RH (NYSE:RH) last released its earnings results on Tuesday, March 31st. The company reported $1.53 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.21 by ($0.68). The firm had revenue of $842.62 million during the quarter, compared to analysts’ expectations of $873.48 million. RH had a negative return on equity of 161.72% and a net margin of 3.22%.The business’s quarterly revenue was up 3.7% compared to the same quarter last year. During the same period in the prior year, the business earned $1.58 earnings per share. Sell-side analysts forecast that RH will post 4.39 EPS for the current year.

Insider Buying and Selling

In related news, insider Eri Chaya sold 7,000 shares of the company’s stock in a transaction that occurred on Tuesday, March 24th. The shares were sold at an average price of $129.42, for a total transaction of $905,940.00. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Director Mark S. Demilio sold 2,254 shares of the stock in a transaction that occurred on Wednesday, January 14th. The stock was sold at an average price of $220.00, for a total transaction of $495,880.00. Following the completion of the sale, the director owned 19,962 shares in the company, valued at $4,391,640. This represents a 10.15% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 18,254 shares of company stock valued at $2,789,400 over the last 90 days. 27.00% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the company. Durable Capital Partners LP increased its holdings in shares of RH by 125.1% in the second quarter. Durable Capital Partners LP now owns 646,097 shares of the company’s stock worth $122,119,000 after purchasing an additional 359,101 shares during the period. Westfield Capital Management Co. LP bought a new stake in RH during the third quarter valued at $67,632,000. Jacobs Levy Equity Management Inc. grew its position in RH by 1,797.7% during 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. Alliancebernstein L.P. grew its position in RH by 66.1% during 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. Finally, JPMorgan Chase & Co. increased its stake in RH by 388.7% in the 3rd quarter. JPMorgan Chase & Co. now owns 265,271 shares of the company’s stock worth $53,893,000 after acquiring an additional 210,991 shares during the last quarter. 90.17% of the stock is currently owned by hedge funds and other institutional investors.

Key RH News

Here are the key news stories impacting RH this week:

• Positive Sentiment: Management outlined 2026 revenue growth of 4%–8% and a longer-term target of $5.4B–$5.8B by 2030, signaling a clear growth target that could support valuation if execution improves. RH outlines 2026 revenue growth
• Positive Sentiment: RH announced leadership appointments to expand its global strategy and manufacturing focus — a potential positive for long-term execution and margin improvement if these hires accelerate supply-chain or product initiatives. RH builds out global strategy
• Neutral Sentiment: TD Cowen reduced its price target (from $265 to $200) but kept a Buy rating, showing some analyst conviction remains despite weaker near-term results. TD Cowen price target update
• Neutral Sentiment: The company posted its Q4 earnings release and made the earnings-call transcript / presentation available for investors to review management commentary and detail on headwinds. RH Q4 results press release
• Negative Sentiment: Core driver of the decline: RH missed Q4 consensus (reported EPS $1.53 vs. ~ $2.21 expected) and revenue also missed estimates — a clear near-term earnings disappointment. Earnings miss and weak guidance
• Negative Sentiment: Management guided Q1 revenue to decline 2%–4% and cited tariff headwinds that compressed gross margins (management quantified tariff pressure at roughly 190 basis points), intensifying concerns about near-term margin recovery. Tariff and guidance details
• Negative Sentiment: Market reaction: multiple outlets report the stock “tumbled” or “cratered” after results — indicating selling pressure as investors reprice near-term growth and margin risk. Market reaction coverage

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.