Wells Fargo & Company Cuts RH (NYSE:RH) Price Target to $180.00

RH (NYSE:RH) had its target price cut by Wells Fargo & Company from $225.00 to $180.00 in a research report report published on Wednesday morning,Benzinga reports. They currently have an overweight rating on the stock.

RH has been the topic of several other reports. Zacks Research upgraded shares of RH from a “strong sell” rating to a “hold” rating in a research note on Friday, February 13th. The Goldman Sachs Group decreased their price objective on RH from $195.00 to $144.00 and set a “sell” rating for the company in a report on Monday, December 15th. Zelman & Associates reaffirmed an “outperform” rating on shares of RH in a research report on Thursday, January 29th. Barclays dropped their target price on RH from $385.00 to $283.00 and set an “overweight” rating on the stock in a report on Monday, December 15th. Finally, KeyCorp reissued a “sector weight” rating on shares of RH in a research report on Friday, December 12th. Seven equities research analysts have rated the stock with a Buy rating, nine have issued a Hold rating and four have given a Sell rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $180.20.

RH Trading Up 0.0%

NYSE:RH opened at $113.49 on Wednesday. The company has a market cap of $2.14 billion, a P/E ratio of 17.99, a price-to-earnings-growth ratio of 1.22 and a beta of 2.10. RH has a twelve month low of $106.30 and a twelve month high of $257.00. The business has a 50 day moving average price of $167.84 and a two-hundred day moving average price of $178.73. The company has a quick ratio of 0.26, a current ratio of 1.19 and a debt-to-equity ratio of 51.28.

RH (NYSE:RH) last posted its quarterly earnings data 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 business had revenue of $842.62 million during the quarter, compared to analyst estimates of $873.48 million. RH had a net margin of 3.63% and a negative return on equity of 567.82%. RH’s revenue for the quarter was up 3.7% on a year-over-year basis. During the same quarter last year, the business earned $1.58 earnings per share. As a group, analysts expect that RH will post 4.39 EPS for the current fiscal year.

Insider Buying and Selling

In other RH news, insider Eri Chaya sold 11,000 shares of RH stock in a transaction on Tuesday, March 31st. The shares were sold at an average price of $137.92, for a total transaction of $1,517,120.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Mark S. Demilio sold 2,254 shares of the company’s stock in a transaction on Wednesday, January 14th. The shares were sold at an average price of $220.00, for a total transaction of $495,880.00. Following the completion of the transaction, the director owned 19,962 shares in the company, valued at approximately $4,391,640. This represents a 10.15% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 29,254 shares of company stock worth $4,306,520 over the last three months. 27.00% of the stock is owned by insiders.

Institutional Trading of RH

A number of hedge funds have recently modified their holdings of the stock. United Services Automobile Association bought a new stake in shares of RH during the 1st quarter worth about $231,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its holdings in RH by 6.2% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 38,622 shares of the company’s stock valued at $9,053,000 after acquiring an additional 2,244 shares during the period. Creative Planning lifted its position in RH by 43.9% during the second quarter. Creative Planning now owns 3,371 shares of the company’s stock worth $637,000 after acquiring an additional 1,028 shares during the last quarter. Legal & General Group Plc lifted its position in RH by 3.0% during the second quarter. Legal & General Group Plc now owns 24,517 shares of the company’s stock worth $4,634,000 after acquiring an additional 712 shares during the last quarter. Finally, Prudential Financial Inc. boosted its holdings in shares of RH by 24.4% during the second quarter. Prudential Financial Inc. now owns 1,593 shares of the company’s stock worth $301,000 after acquiring an additional 312 shares during the period. Institutional investors and hedge funds own 90.17% of the company’s stock.

RH News Roundup

Here are the key news stories impacting RH this week:

• Positive Sentiment: Some large brokers remain constructive or keep overweight/buy ratings despite lower targets, which supports short?term buying interest and stabilizes the stock. Read More.
• Positive Sentiment: Value/“buy?the?dip” commentary argues the pullback may present a long?term entry given RH’s brand and growth plan, attracting opportunistic investors. Read More.
• Neutral Sentiment: Citigroup cut its price target from $183 to $150 and set a neutral rating — reduces upside expectations but is not a sell call, which can temper further liquidation. Read More.
• Neutral Sentiment: RH reiterated its long?term expansion strategy (global gallery openings, higher pre?opening costs). Management frames near?term margin pressure as deliberate investment for growth — explains elevated spending but increases execution risk. Read More.
• Negative Sentiment: Q4 miss drove the sell?off: adjusted EPS $1.53 vs. ~$2.21 consensus and revenue $842.6M vs. ~$873.5M; management cited tariff/resourcing and weather headwinds. That earnings miss triggered analyst cuts and selling pressure. Read More.
• Negative Sentiment: Cautious FY2026 outlook: management guided modest revenue growth and lower adjusted EBITDA margins as it ramps global expansion and funds pre?openings — implies near?term margin compression and slower cash generation. Read More.
• Negative Sentiment: Analyst downgrades and lower targets from multiple houses (BNP Paribas Exane, Wells Fargo and others) amplify downside pressure and reduce conviction among institutional holders. Read More.
• Negative Sentiment: Insider selling: director/insider Eri Chaya sold multiple blocks (11,000 shares on Mar 31 plus earlier sales), which investors often view as a negative signal; a shareholder law firm has also announced an investigation that can add short?term uncertainty. Read More. Read More.
• Negative Sentiment: Macro/industry headwinds: RH’s CEO warned of a worsening housing market and declining mortgage applications, which could weigh on demand for high?end home furnishings. Read More.

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.