The latest price target for Rent the Runway (NASDAQ:RENT) was reported by JMP Securities on December 10, 2024. The analyst firm set a price target for $40.00 expecting RENT to rise to within 12 months (a possible 364.58% upside). 8 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 reiterated 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 December 10, 2024 so you should expect the next rating to be made available sometime around December 10, 2025.

While ratings are subjective and will change, the latest Rent the Runway (RENT) rating was a reiterated with a price target of $40.00 to $40.00. The current price Rent the Runway (RENT) is trading at is $8.61, which is out of the analyst’s predicted range.