Analysts Set Revolve Group, Inc. (NYSE:RVLV) PT at $29.50

Shares of Revolve Group, Inc. (NYSE:RVLV) have received a consensus rating of “Moderate Buy” from the fifteen analysts that are currently covering the company, Marketbeat Ratings reports. Seven equities research analysts have rated the stock with a hold recommendation and eight have given a buy recommendation to the company. The average 12 month price target among brokerages that have covered the stock in the last year is $29.50.

Several equities research analysts recently commented on the stock. Piper Sandler boosted their price target on shares of Revolve Group from $25.00 to $30.00 and gave the stock an “overweight” rating in a report on Wednesday, February 25th. UBS Group set a $27.00 price objective on shares of Revolve Group in a report on Tuesday, January 13th. Robert W. Baird set a $29.00 target price on shares of Revolve Group in a research report on Wednesday, December 17th. Morgan Stanley set a $28.00 target price on shares of Revolve Group in a research note on Wednesday, February 25th. Finally, Stifel Nicolaus upped their price target on shares of Revolve Group from $28.00 to $33.00 and gave the stock a “buy” rating in a research report on Friday, December 12th.

Insiders Place Their Bets

In other news, CFO Jesse Timmermans sold 5,349 shares of Revolve Group stock in a transaction that occurred on Thursday, January 8th. The stock was sold at an average price of $31.51, for a total value of $168,546.99. Following the sale, the chief financial officer directly owned 11,610 shares of the company’s stock, valued at $365,831.10. The trade was a 31.54% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, CEO Michael Karanikolas sold 1,948 shares of Revolve Group stock in a transaction that occurred on Thursday, February 12th. The stock was sold at an average price of $25.93, for a total value of $50,511.64. The disclosure for this sale is available in the SEC filing. In the last three months, insiders sold 372,081 shares of company stock worth $11,196,138. Corporate insiders own 43.82% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in RVLV. Kestra Advisory Services LLC acquired a new stake in Revolve Group during the 4th quarter worth $40,000. State of Alaska Department of Revenue acquired a new stake in shares of Revolve Group in the third quarter valued at about $46,000. Elevation Point Wealth Partners LLC acquired a new stake in shares of Revolve Group in the second quarter valued at about $68,000. Quarry LP lifted its stake in shares of Revolve Group by 6,932.1% in the third quarter. Quarry LP now owns 3,727 shares of the company’s stock worth $79,000 after buying an additional 3,674 shares in the last quarter. Finally, Atlantic Union Bankshares Corp purchased a new position in shares of Revolve Group in the third quarter worth about $125,000. Hedge funds and other institutional investors own 67.60% of the company’s stock.

Revolve Group Trading Up 0.3%

Shares of RVLV opened at $22.19 on Tuesday. The firm has a market cap of $1.58 billion, a P/E ratio of 26.10, a PEG ratio of 2.21 and a beta of 1.77. Revolve Group has a 12 month low of $16.80 and a 12 month high of $31.68. The stock’s 50 day moving average is $26.15 and its two-hundred day moving average is $25.14.

Revolve Group (NYSE:RVLV) last announced its earnings results on Tuesday, February 24th. The company reported $0.26 earnings per share for the quarter, topping the consensus estimate of $0.16 by $0.10. Revolve Group had a return on equity of 12.12% and a net margin of 5.03%.The business had revenue of $324.37 million during the quarter, compared to the consensus estimate of $305.83 million. During the same period in the prior year, the company posted $0.17 EPS. The business’s quarterly revenue was up 10.4% on a year-over-year basis. Equities research analysts forecast that Revolve Group will post 0.6 EPS for the current year.

Revolve Group Company Profile

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.