TD Cowen Lowers RH (NYSE:RH) Price Target to $190.00

RH (NYSE:RH) had its target price cut by analysts at TD Cowen from $220.00 to $190.00 in a research note issued to investors on Friday, Benzinga reports. The brokerage currently has a “buy” rating on the stock. TD Cowen’s price target indicates a potential upside of 42.39% from the company’s current price.

Several other brokerages also recently weighed in on RH. JPMorgan Chase & Co. dropped their target price on shares of RH from $225.00 to $212.00 and set an “overweight” rating for the company in a report on Monday, August 17th. Weiss Ratings reissued a “sell (d)” rating on shares of RH in a research note on Friday, July 24th. Guggenheim reissued a “buy” rating and issued a $200.00 price target on shares of RH in a report on Friday. KeyCorp reaffirmed a “sector weight” rating on shares of RH in a report on Friday, June 12th. Finally, Citigroup lifted their price objective on shares of RH from $150.00 to $166.00 and gave the company a “neutral” rating in a research report on Monday, June 15th. Seven analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and three have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average price target of $168.21.

RH Stock Down 0.4%

Shares of RH traded down $0.58 during trading hours on Friday, hitting $133.44. The company had a trading volume of 840,292 shares, compared to its average volume of 1,027,350. The stock has a market capitalization of $2.52 billion, a price-to-earnings ratio of 25.70, a P/E/G ratio of 3.32 and a beta of 1.85. The firm has a fifty day moving average price of $167.02 and a 200-day moving average price of $150.20. RH has a 52-week low of $106.30 and a 52-week high of $248.44. The company has a debt-to-equity ratio of 54.96, a quick ratio of 0.32 and a current ratio of 1.13.

RH (NYSE:RH) last posted its earnings results on Thursday, September 10th. The company reported $2.70 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.38 by $2.32. The business 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 revenue for the quarter was up 2.6% compared to the same quarter last year. During the same quarter in the prior year, the business earned $2.93 EPS. On average, equities research analysts forecast that RH will post 4.2 EPS for the current fiscal year.

Insider Transactions at RH

In other RH news, Director Carlos Alberini bought 11,388 shares of the company’s stock in a transaction on Monday, June 29th. The stock was acquired at an average price of $160.90 per share, for a total transaction of $1,832,329.20. Following the completion of the transaction, the director directly owned 32,190 shares of the company’s stock, valued at approximately $5,179,371. This represents a 54.74% increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Gary Friedman sold 48,238 shares of the firm’s stock in a transaction that occurred on Wednesday, July 8th. The stock was sold at an average price of $158.66, for a total value of $7,653,441.08. Following the sale, 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 ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders sold 132,749 shares of company stock worth $21,856,812. 26.90% of the stock is currently owned by insiders.

Hedge Funds Weigh In On RH

A number of institutional investors have recently modified their holdings of RH. California State Teachers Retirement System lifted its holdings in shares of 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 buying an additional 2,817,708 shares during the period. BlackRock Inc. lifted its stake in RH by 41.7% in the second quarter. BlackRock Inc. now owns 1,978,271 shares of the company’s stock worth $325,881,000 after acquiring an additional 581,710 shares during the period. Alyeska Investment Group L.P. grew its holdings in RH by 4.4% during the 2nd quarter. Alyeska Investment Group L.P. now owns 1,708,997 shares of the company’s stock worth $281,523,000 after acquiring an additional 72,674 shares in the last quarter. Senvest Management LLC increased its position in RH by 30.1% during the 4th quarter. Senvest Management LLC now owns 842,577 shares of the company’s stock valued at $150,948,000 after purchasing an additional 194,773 shares during the period. Finally, Durable Capital Partners LP raised its holdings in shares of RH by 125.1% in the 2nd quarter. Durable Capital Partners LP now owns 646,097 shares of the company’s stock valued at $122,119,000 after purchasing an additional 359,101 shares in the last quarter. 90.17% of the stock is owned by hedge funds and other institutional investors.

More RH News

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

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.