First Time Loading...

Rent the Runway Inc
NASDAQ:RENT

Watchlist Manager
Rent the Runway Inc Logo
Rent the Runway Inc
NASDAQ:RENT
Watchlist
Price: 11 USD -4.68% Market Closed
Updated: Apr 28, 2024

Wall Street
Price Targets

RENT Price Targets Summary
Rent the Runway Inc

Wall Street analysts forecast RENT stock price to rise over the next 12 months.

According to Wall Street analysts, the average 1-year price target for RENT is 23.46 USD with a low forecast of 20.2 USD and a high forecast of 29.4 USD.

Lowest
Price Target
20.2 USD
84% Upside
Average
Price Target
23.46 USD
113% Upside
Highest
Price Target
29.4 USD
167% Upside

RENT Last Price Targets
Rent the Runway Inc

The latest public price target was made on Apr 12, 2024 by Ashley Helgans from Jefferies , who expects RENT stock to rise by 91% over the next 12 months. You can read more about this price target by viewing the article on StreetInsider.

Analyst Price Target Date Article
Ashley Helgans
Jefferies
21 USD
Upside 91%
2 weeks ago
Apr 12, 2024
Rent the Runway Inc (RENT) PT Lowered to $21 at Jefferies
StreetInsider
Andrew Boone
JMP Securities
6 USD
Downside 45%
10 months ago
Jun 14, 2023
Rent The Runway's Strong Unit Economics And Proprietary Data Advantage To Expand Margins: Analyst
Benzinga
Dana Telsey
Telsey Advisory
4 USD
Downside 64%
10 months ago
Jun 8, 2023
Rent The Runway Has First Mover Advantage: Analyst Foresees Long-Term Growth In The Era Of Circular Consumption
Benzinga
Ashley Helgans
Jefferies
Price Target 21 USD
Upside/Downside 91%
View Source
Andrew Boone
JMP Securities
Price Target 6 USD
Upside/Downside 45%
View Source
Dana Telsey
Telsey Advisory
Price Target 4 USD
Upside/Downside 64%
View Source
Rent the Runway Inc Competitors:
Price Targets
TKWY
Just Eat Takeaway.com NV
49% Upside
3900
CrowdWorks Inc
87% Upside
136
China Ruyi Holdings Ltd
37% Upside
3092
ZOZO Inc
5% Upside
CHWY
Chewy Inc
62% Upside
REAL
RealReal Inc
11% Downside
HSW
Hostelworld Group PLC
24% Upside
3665
Enigmo Inc
482% Upside

Revenue
Forecast

Revenue Estimate
Rent the Runway Inc

For the last 3 years the compound annual growth rate for Rent the Runway Inc's revenue is 24%. The projected CAGR for the next 2 years is 11%.

24%
Past Growth
11%
Estimated Growth
Estimates Accuracy
-1%
Average Miss

Operating Income
Forecast

Operating Income Estimate
Rent the Runway Inc

N/A
Past Growth
N/A
Estimated Growth
Estimates Accuracy
-6%
Average Miss

Net Income
Forecast

Net Income Estimate
Rent the Runway Inc

N/A
Past Growth
N/A
Estimated Growth
Estimates Accuracy
-15%
Average Miss

See Also

Discover More
Why do you have more estimates than other sites?

Our estimates are sourced from the pool of sell-side and buy-side analysts that we have access to. What is available on other sites you are seeing are mostly from the sell-side analysts.

What is RENT's stock price target?
Price Target
23.46 USD

According to Wall Street analysts, the average 1-year price target for RENT is 23.46 USD with a low forecast of 20.2 USD and a high forecast of 29.4 USD.

What is Rent the Runway Inc's Revenue forecast?
Projected CAGR
11%

For the last 3 years the compound annual growth rate for Rent the Runway Inc's revenue is 24%. The projected CAGR for the next 2 years is 11%.