Brokerages Set Revolve Group, Inc. (NYSE:RVLV) Target Price at $29.33

Revolve Group, Inc. (NYSE:RVLV) has received an average rating of “Moderate Buy” from the thirteen research firms that are presently covering the stock, Marketbeat reports. Six research analysts have rated the stock with a hold recommendation and seven have issued a buy recommendation on the company. The average twelve-month price target among brokers that have issued a report on the stock in the last year is $29.3333.

A number of research firms recently weighed in on RVLV. Wall Street Zen raised shares of Revolve Group from a “hold” rating to a “buy” rating in a research report on Saturday, June 27th. Piper Sandler cut their price target on shares of Revolve Group from $30.00 to $27.00 and set an “overweight” rating on the stock in a research note on Wednesday, May 6th. Weiss Ratings reissued a “hold (c)” rating on shares of Revolve Group in a research report on Friday, July 17th. Raymond James Financial set a $28.00 price target on shares of Revolve Group in a research report on Wednesday, May 6th. Finally, KeyCorp lowered their price objective on shares of Revolve Group from $35.00 to $32.00 and set an “overweight” rating for the company in a research note on Wednesday, May 6th.

Revolve Group Price Performance

NYSE RVLV opened at $25.30 on Monday. The stock has a market capitalization of $1.81 billion, a P/E ratio of 28.42, a PEG ratio of 2.75 and a beta of 1.61. The firm’s 50-day moving average is $21.49 and its two-hundred day moving average is $24.13. Revolve Group has a 12 month low of $17.35 and a 12 month high of $31.68.

Revolve Group (NYSE:RVLV) last announced its quarterly earnings results on Tuesday, May 5th. The company reported $0.20 earnings per share for the quarter, beating analysts’ consensus estimates of $0.18 by $0.02. The business had revenue of $342.88 million during the quarter, compared to analysts’ expectations of $328.84 million. Revolve Group had a net margin of 5.05% and a return on equity of 12.17%. The business’s revenue for the quarter was up 15.6% on a year-over-year basis. During the same period last year, the business earned $0.16 earnings per share. As a group, analysts anticipate that Revolve Group will post 0.85 EPS for the current year.

Insider Transactions at Revolve Group

In other Revolve Group news, CEO Michael Mente sold 15,640 shares of the stock in a transaction that occurred on Wednesday, April 29th. The shares were sold at an average price of $26.00, for a total transaction of $406,640.00. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. In the last quarter, insiders have sold 119,241 shares of company stock worth $3,141,400. 42.67% of the stock is owned by corporate insiders.

Institutional Trading of Revolve Group

Large investors have recently modified their holdings of the stock. Kestra Advisory Services LLC acquired a new stake in shares of Revolve Group in the fourth quarter valued at $40,000. Quarry LP grew its stake in Revolve Group by 6,932.1% during the 3rd quarter. Quarry LP now owns 3,727 shares of the company’s stock worth $79,000 after purchasing an additional 3,674 shares in the last quarter. Generali Investments Towarzystwo Funduszy Inwestycyjnych grew its stake in Revolve Group by 50.0% during the 4th quarter. Generali Investments Towarzystwo Funduszy Inwestycyjnych now owns 4,500 shares of the company’s stock worth $136,000 after purchasing an additional 1,500 shares in the last quarter. Quantbot Technologies LP purchased a new stake in Revolve Group during the 2nd quarter worth about $159,000. Finally, CWM LLC raised its position in Revolve Group by 182.2% in the 4th quarter. CWM LLC now owns 6,271 shares of the company’s stock valued at $189,000 after purchasing an additional 4,049 shares in the last quarter. Hedge funds and other institutional investors own 67.60% of the company’s stock.

About Revolve Group

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.