Rent the Runway Inc has a consensus price target of $8.02, established from looking at the 65 latest analyst ratings. The last 3 analyst ratings were released from JMP Securities, Goldman Sachs, and JMP Securities on June 7, 2024, April 12, 2024, and April 11, 2024. With an average price target of $29.33 between JMP Securities, Goldman Sachs, and JMP Securities, there's an implied 89.74% upside for Rent the Runway Inc from these 3 analyst ratings.
1calculated from analyst ratings
Buy Now | Get Alert | |||||||
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06/07/2024 | Buy Now | 158.73% | JMP Securities | Andrew Boone | $20 → $40 | Maintains | Market Outperform | Get Alert |
04/12/2024 | Buy Now | 81.11% | Goldman Sachs | Alexandra Steiger | $40 → $28 | Maintains | Buy | Get Alert |
04/11/2024 | Buy Now | 29.37% | JMP Securities | Andrew Boone | $40 → $20 | Maintains | Market Outperform | Get Alert |
01/17/2024 | Buy Now | -95.15% | Piper Sandler | Edward Yruma | $40 → $15 | Downgrade | Overweight → Neutral | Get Alert |
01/16/2024 | Buy Now | -96.12% | Wells Fargo | Ike Boruchow | → $12 | Downgrade | Overweight → Equal-Weight | Get Alert |
01/11/2024 | Buy Now | -87.06% | Goldman Sachs | Eric Sheridan | $70 → $40 | Maintains | Buy | Get Alert |
12/06/2023 | Buy Now | -93.53% | Wells Fargo | Ike Boruchow | $80 → $20 | Maintains | Overweight | Get Alert |
12/06/2023 | Buy Now | -87.06% | Barclays | Ross Sandler | $60 → $40 | Maintains | Overweight | Get Alert |
11/29/2023 | Buy Now | -93.53% | Telsey Advisory Group | Dana Telsey | → $20 | Reiterates | Market Perform → Market Perform | Get Alert |
09/11/2023 | Buy Now | -80.6% | Barclays | Ross Sandler | $80 → $60 | Maintains | Overweight | Get Alert |
09/11/2023 | Buy Now | -74.13% | Wells Fargo | Ike Boruchow | $160 → $80 | Maintains | Overweight | Get Alert |
09/11/2023 | Buy Now | -93.53% | Morgan Stanley | Lauren Schenk | $70 → $20 | Maintains | Equal-Weight | Get Alert |
09/11/2023 | Buy Now | -74.13% | Piper Sandler | Edward Yruma | $120 → $80 | Maintains | Overweight | Get Alert |
09/11/2023 | Buy Now | -93.53% | Telsey Advisory Group | Dana Telsey | $80 → $20 | Downgrade | Outperform → Market Perform | Get Alert |
09/11/2023 | Buy Now | — | Raymond James | Rick Paterson | — | Downgrade | Outperform → Market Perform | Get Alert |
09/05/2023 | Buy Now | -74.13% | Telsey Advisory Group | Dana Telsey | → $80 | Reiterates | Outperform → Outperform | Get Alert |
06/14/2023 | Buy Now | -61.19% | JMP Securities | Andrew Boone | → $120 | Reiterates | Market Outperform → Market Outperform | Get Alert |
06/08/2023 | Buy Now | -61.19% | Piper Sandler | Edward Yruma | → $120 | Maintains | Overweight | Get Alert |
06/08/2023 | Buy Now | -77.36% | Morgan Stanley | Lauren Schenk | → $70 | Reiterates | → Equal-Weight | Get Alert |
06/08/2023 | Buy Now | -67.66% | Raymond James | Rick Paterson | $160 → $100 | Maintains | Outperform | Get Alert |
06/08/2023 | Buy Now | -74.13% | Telsey Advisory Group | Dana Telsey | → $80 | Reiterates | Outperform → Outperform | Get Alert |
06/01/2023 | Buy Now | -74.13% | Telsey Advisory Group | Dana Telsey | → $80 | Reiterates | Outperform → Outperform | Get Alert |
04/13/2023 | Buy Now | -61.19% | JMP Securities | Andrew Boone | → $120 | Reiterates | → Market Outperform | Get Alert |
04/13/2023 | Buy Now | -74.13% | Barclays | Ross Sandler | $60 → $80 | Maintains | Overweight | Get Alert |
04/13/2023 | Buy Now | -74.13% | Telsey Advisory Group | Dana Telsey | → $80 | Reiterates | → Outperform | Get Alert |
12/15/2022 | Buy Now | — | Wolfe Research | Greg Badishkanian | — | Initiates | → Peer Perform | Get Alert |
12/13/2022 | Buy Now | -77.36% | Morgan Stanley | Lauren Schenk | $50 → $70 | Maintains | Equal-Weight | Get Alert |
12/08/2022 | Buy Now | -80.6% | Barclays | Ross Sandler | $120 → $60 | Maintains | Overweight | Get Alert |
12/08/2022 | Buy Now | -74.13% | Telsey Advisory Group | Dana Telsey | $160 → $80 | Maintains | Outperform | Get Alert |
11/18/2022 | Buy Now | -83.83% | Morgan Stanley | Lauren Schenk | $200 → $50 | Downgrade | Overweight → Equal-Weight | Get Alert |
10/25/2022 | Buy Now | -35.32% | Morgan Stanley | Lauren Schenk | $260 → $200 | Maintains | Overweight | Get Alert |
09/14/2022 | Buy Now | -61.19% | Goldman Sachs | Eric Sheridan | $180 → $120 | Maintains | Buy | Get Alert |
09/13/2022 | Buy Now | -15.91% | Morgan Stanley | Lauren Schenk | $280 → $260 | Maintains | Overweight | Get Alert |
09/13/2022 | Buy Now | -48.25% | Raymond James | Rick Paterson | $180 → $160 | Maintains | Outperform | Get Alert |
09/13/2022 | Buy Now | -61.19% | JMP Securities | Andrew Boone | $240 → $120 | Maintains | Market Outperform | Get Alert |
09/13/2022 | Buy Now | -61.19% | Barclays | Ross Sandler | $140 → $120 | Maintains | Overweight | Get Alert |
09/13/2022 | Buy Now | -61.19% | Piper Sandler | Edward Yruma | $200 → $120 | Maintains | Overweight | Get Alert |
09/13/2022 | Buy Now | -48.25% | Telsey Advisory Group | Dana Telsey | $260 → $160 | Maintains | Outperform | Get Alert |
09/13/2022 | Buy Now | -74.13% | Credit Suisse | Michael Binetti | $140 → $80 | Downgrade | Outperform → Neutral | Get Alert |
07/21/2022 | Buy Now | — | Keybanc | Noah Zatzkin | — | Initiates | → Sector Weight | Get Alert |
06/30/2022 | Buy Now | -41.79% | Raymond James | Rick Paterson | → $180 | Initiates | → Outperform | Get Alert |
06/10/2022 | Buy Now | -9.44% | Morgan Stanley | Lauren Schenk | $440 → $280 | Maintains | Overweight | Get Alert |
06/10/2022 | Buy Now | -22.38% | Piper Sandler | Erinn Murphy | $460 → $240 | Maintains | Overweight | Get Alert |
06/10/2022 | Buy Now | -22.38% | JMP Securities | Andrew Boone | $360 → $240 | Maintains | Market Outperform | Get Alert |
06/10/2022 | Buy Now | -22.38% | Wells Fargo | Ike Boruchow | $280 → $240 | Maintains | Overweight | Get Alert |
06/10/2022 | Buy Now | -54.72% | Barclays | Ross Sandler | $320 → $140 | Maintains | Overweight | Get Alert |
06/10/2022 | Buy Now | -54.72% | Credit Suisse | Michael Binetti | $220 → $140 | Maintains | Outperform | Get Alert |
04/18/2022 | Buy Now | -28.85% | Credit Suisse | Michael Binetti | $400 → $220 | Maintains | Outperform | Get Alert |
04/14/2022 | Buy Now | 42.3% | Morgan Stanley | Lauren Schenk | $480 → $440 | Maintains | Overweight | Get Alert |
04/14/2022 | Buy Now | -35.32% | Goldman Sachs | Eric Sheridan | $500 → $200 | Maintains | Buy | Get Alert |
04/14/2022 | Buy Now | 3.49% | Barclays | Ross Sandler | $500 → $320 | Maintains | Overweight | Get Alert |
04/14/2022 | Buy Now | -9.44% | Wells Fargo | Ike Boruchow | $440 → $280 | Maintains | Overweight | Get Alert |
04/14/2022 | Buy Now | 16.43% | JMP Securities | Andrew Boone | $420 → $360 | Maintains | Market Outperform | Get Alert |
04/14/2022 | Buy Now | -15.91% | Telsey Advisory Group | Dana Telsey | $420 → $260 | Maintains | Outperform | Get Alert |
03/18/2022 | Buy Now | -15.91% | Jefferies | Ashley Helgans | → $260 | Initiates | → Buy | Get Alert |
01/20/2022 | Buy Now | 3.49% | Keybanc | Edward Yruma | $420 → $320 | Maintains | Overweight | Get Alert |
11/22/2021 | Buy Now | 81.11% | Morgan Stanley | Lauren Schenk | → $560 | Initiates | → Overweight | Get Alert |
11/22/2021 | Buy Now | 35.83% | JMP Securities | Andrew Boone | → $420 | Initiates | → Market Outperform | Get Alert |
11/22/2021 | Buy Now | 61.71% | Barclays | Ross Sandler | → $500 | Initiates | → Overweight | Get Alert |
11/22/2021 | Buy Now | 42.3% | Wells Fargo | Ike Boruchow | → $440 | Initiates | → Overweight | Get Alert |
11/22/2021 | Buy Now | 61.71% | Goldman Sachs | Eric Sheridan | → $500 | Initiates | → Buy | Get Alert |
11/22/2021 | Buy Now | 42.3% | Piper Sandler | Erinn Murphy | → $440 | Initiates | → Overweight | Get Alert |
11/22/2021 | Buy Now | 35.83% | Telsey Advisory Group | Dana Telsey | → $420 | Initiates | → Outperform | Get Alert |
11/22/2021 | Buy Now | 29.37% | Credit Suisse | Michael Binetti | → $400 | Initiates | → Outperform | Get Alert |
11/22/2021 | Buy Now | 35.83% | Keybanc | Edward Yruma | → $420 | Initiates | → Overweight | Get Alert |
The latest price target for Rent the Runway (NASDAQ:RENT) was reported by JMP Securities on June 7, 2024. The analyst firm set a price target for $40.00 expecting RENT to rise to within 12 months (a possible 158.73% upside). 16 analyst firms have reported ratings in the last year.
The latest analyst rating for Rent the Runway (NASDAQ:RENT) was provided by JMP Securities, and Rent the Runway maintained their market outperform rating.
There is no last upgrade for Rent the Runway
The last downgrade for Rent the Runway Inc happened on January 17, 2024 when Piper Sandler changed their price target from $2 to $0.75 for Rent the Runway Inc.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Rent the Runway, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Rent the Runway was filed on June 7, 2024 so you should expect the next rating to be made available sometime around June 7, 2025.
While ratings are subjective and will change, the latest Rent the Runway (RENT) rating was a maintained with a price target of $20.00 to $40.00. The current price Rent the Runway (RENT) is trading at is $15.46, which is out of the analyst’s predicted range.
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