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Rent the Runway - RENT Stock Price Target and Predictions

  • Consensus Rating: Hold
  • Consensus Price Target: $31.88
  • Forecasted Upside: 157.47%
  • Number of Analysts: 8
  • Breakdown:
  • 0 Sell Ratings
  • 5 Hold Ratings
  • 3 Buy Ratings
  • 0 Strong Buy Ratings
$12.38 As of 05/1/2024 06:44 PM ET
▲ +2.23 (21.97%)

This chart shows the closing price for RENT by one month, three months, or twelve months.

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Analyst Price Target for RENT

Analyst Price Target is $31.88
▲ +157.47% Upside Potential
This price target is based on 8 analysts offering 12 month price targets for Rent the Runway in the last 3 months. The average price target is $31.88, with a high forecast of $100.00 and a low forecast of $12.00. The average price target represents a 157.47% upside from the last price of $12.38.

This chart shows the closing price for RENT for the last year in relation to the current analyst high, average, and low pricetarget.

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Current Consensus is Hold

The current consensus among 8 contributing investment analysts is to hold stock in Rent the Runway. This Hold consensus rating has held steady for over two years.

Past Monthly Recommendations

Move your mouse over past months for details

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 0 strong buy ratings
  • 3 buy ratings
  • 5 hold ratings
  • 0 sell ratings
Ratings as of
11/8/2022
  • 0 strong buy ratings
  • 3 buy ratings
  • 5 hold ratings
  • 0 sell ratings
Ratings as of
2/6/2023
  • 0 strong buy ratings
  • 3 buy ratings
  • 5 hold ratings
  • 0 sell ratings
Ratings as of
5/7/2023
  • 0 strong buy ratings
  • 3 buy ratings
  • 5 hold ratings
  • 0 sell ratings
Ratings as of
8/5/2023
  • 0 strong buy ratings
  • 3 buy ratings
  • 5 hold ratings
  • 0 sell ratings
Ratings as of
11/3/2023
  • 0 strong buy ratings
  • 3 buy ratings
  • 5 hold ratings
  • 0 sell ratings
Ratings as of
2/1/2024
  • 0 strong buy ratings
  • 3 buy ratings
  • 5 hold ratings
  • 0 sell ratings
Ratings as of
4/1/2024
  • 0 strong buy ratings
  • 3 buy ratings
  • 5 hold ratings
  • 0 sell ratings
Ratings as of
5/1/2024

Latest Recommendations

  • 0 strong buy ratings
  • 3 buy ratings
  • 5 hold ratings
  • 0 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
4/12/2024The Goldman Sachs GroupLower TargetBuy ➝ Buy$40.00 ➝ $28.00Low
4/11/2024JMP SecuritiesLower TargetMarket Outperform ➝ Market Outperform$40.00 ➝ $20.00Low
1/17/2024Piper SandlerReiterated RatingOverweight ➝ Neutral$40.00 ➝ $15.00Low
1/16/2024Wells Fargo & CompanyReiterated RatingOverweight ➝ Equal Weight$12.00Low
1/11/2024The Goldman Sachs GroupLower TargetBuy ➝ Buy$70.00 ➝ $40.00Low
12/6/2023Wells Fargo & CompanyLower TargetOverweight ➝ Overweight$80.00 ➝ $20.00Low
12/6/2023BarclaysLower TargetOverweight ➝ Overweight$60.00 ➝ $40.00Low
11/29/2023Telsey Advisory GroupReiterated RatingMarket Perform ➝ Market Perform$20.00Low
9/11/2023Morgan StanleyLower TargetEqual Weight ➝ Equal Weight$70.00 ➝ $20.00Low
9/11/2023Piper SandlerLower TargetOverweight ➝ Overweight$120.00 ➝ $80.00Low
9/11/2023Wells Fargo & CompanyLower TargetOverweight ➝ Overweight$160.00 ➝ $80.00Low
9/11/2023Telsey Advisory GroupDowngradeOutperform ➝ Market Perform$80.00 ➝ $20.00Low
9/11/2023BarclaysLower TargetOverweight ➝ Overweight$80.00 ➝ $60.00Low
9/8/2023Raymond JamesDowngradeOutperform ➝ Market PerformLow
9/5/2023Telsey Advisory GroupReiterated RatingOutperform ➝ Outperform$80.00Low
6/8/2023Raymond JamesLower Target$160.00 ➝ $100.00Low
4/13/2023Telsey Advisory GroupReiterated RatingOutperform$80.00Low
4/13/2023JMP SecuritiesReiterated RatingMarket Outperform$120.00Low
4/13/2023BarclaysBoost TargetOverweight$60.00 ➝ $80.00Low
12/15/2022Wolfe ResearchInitiated CoveragePeer PerformLow
12/13/2022Morgan StanleyBoost TargetEqual Weight$50.00 ➝ $70.00Low
12/8/2022Telsey Advisory GroupLower TargetOutperform$160.00 ➝ $80.00Low
12/8/2022BarclaysLower TargetOverweight$120.00 ➝ $60.00Low
11/18/2022Morgan StanleyDowngradeOverweight ➝ Equal Weight$200.00 ➝ $50.00Low
10/25/2022Morgan StanleyLower TargetOverweight$260.00 ➝ $200.00Low
9/14/2022The Goldman Sachs GroupLower TargetBuy$180.00 ➝ $120.00Low
9/13/2022Raymond JamesLower TargetOutperform$180.00 ➝ $160.00Low
9/13/2022Morgan StanleyLower TargetOverweight$280.00 ➝ $260.00Low
9/13/2022JMP SecuritiesLower TargetMarket Outperform$240.00 ➝ $120.00Low
9/13/2022BarclaysLower TargetOverweight$140.00 ➝ $120.00Low
9/13/2022Piper SandlerLower TargetOverweight$200.00 ➝ $120.00Low
9/13/2022Telsey Advisory GroupLower TargetOutperform$260.00 ➝ $160.00Low
9/13/2022Credit Suisse GroupDowngradeOutperform ➝ Neutral$140.00 ➝ $80.00Low
7/22/2022Piper SandlerInitiated CoverageOverweightN/A
7/20/2022KeyCorpInitiated CoverageSector Weight ➝ Sector WeightN/A
6/29/2022Raymond JamesInitiated CoverageOutperform$180.00N/A
6/10/2022Credit Suisse GroupLower TargetOutperform$220.00 ➝ $140.00N/A
6/10/2022Wells Fargo & CompanyLower TargetOverweight$280.00 ➝ $240.00N/A
6/10/2022JMP SecuritiesLower TargetMarket Outperform$360.00 ➝ $240.00N/A
6/10/2022Morgan StanleyLower TargetOverweight$440.00 ➝ $280.00N/A
6/10/2022Piper SandlerLower TargetOverweight$460.00 ➝ $240.00N/A
6/10/2022BarclaysLower TargetOverweight$320.00 ➝ $140.00N/A
4/18/2022Credit Suisse GroupLower TargetOutperform$400.00 ➝ $220.00N/A
4/14/2022The Goldman Sachs GroupLower TargetBuy$500.00 ➝ $200.00N/A
4/14/2022Morgan StanleyLower TargetOverweight$480.00 ➝ $440.00N/A
4/14/2022Telsey Advisory GroupLower TargetOutperform$420.00 ➝ $260.00N/A
4/14/2022Wells Fargo & CompanyLower TargetOverweight$440.00 ➝ $280.00N/A
4/14/2022BarclaysLower TargetOverweight$500.00 ➝ $320.00N/A
4/14/2022JMP SecuritiesLower TargetMarket Outperform$420.00 ➝ $360.00N/A
3/17/2022Jefferies Financial GroupInitiated CoverageBuy$260.00N/A
1/20/2022KeyCorpLower TargetOverweight$420.00 ➝ $320.00N/A
12/9/2021Piper SandlerBoost TargetOverweight ➝ Overweight$440.00 ➝ $460.00N/A
12/9/2021JMP SecuritiesReiterated RatingBuy$420.00N/A
11/22/2021Morgan StanleyInitiated CoverageOverweight$560.00N/A
11/22/2021KeyCorpInitiated CoverageOverweight$420.00N/A
11/22/2021Telsey Advisory GroupInitiated CoverageOutperform$420.00N/A
11/22/2021JMP SecuritiesInitiated CoverageOutperform$420.00N/A
11/22/2021Wells Fargo & CompanyInitiated CoverageOverweight$440.00N/A
11/22/2021Piper SandlerInitiated CoverageOverweight$440.00N/A
11/22/2021Credit Suisse GroupInitiated CoverageOutperform$400.00N/A
11/22/2021BarclaysInitiated CoverageOverweight$500.00N/A
11/22/2021The Goldman Sachs GroupInitiated CoverageBuy$500.00N/A
(Data available from 5/1/2019 forward)

News Sentiment Rating

0.32 (Hold)

Our news sentiment rating is based on the average sentiment of articles about this company published in the media in the last 30 days of headlines and can range from 2 (very positive sentiment) to -2 (very negative sentiment).

News Sentiment Over Time

Move your mouse over past months for details

Skip to Current Sentiment Summary
  • 1 very positive mentions
  • 9 positive mentions
  • 3 negative mentions
  • 1 very negative mentions
Mentions as of
10/4/2023
  • 1 very positive mentions
  • 2 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
11/3/2023
  • 0 very positive mentions
  • 3 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
12/3/2023
  • 1 very positive mentions
  • 10 positive mentions
  • 1 negative mentions
  • 2 very negative mentions
Mentions as of
1/2/2024
  • 2 very positive mentions
  • 8 positive mentions
  • 2 negative mentions
  • 1 very negative mentions
Mentions as of
2/1/2024
  • 0 very positive mentions
  • 6 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
3/2/2024
  • 7 very positive mentions
  • 11 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
4/1/2024
  • 10 very positive mentions
  • 22 positive mentions
  • 5 negative mentions
  • 2 very negative mentions
Mentions as of
5/1/2024

Current Sentiment

  • 10 very positive mentions
  • 22 positive mentions
  • 5 negative mentions
  • 2 very negative mentions

Recent Stories by Sentiment

Very Negative

Negative

Positive

Very Positive

Rent the Runway logo
Rent the Runway, Inc. operates shared designer closet in the United States. The company offers evening wear and accessories, ready-to-wear, workwear, denim, casual, maternity, outerwear, blouses, knitwear, loungewear, jewelry, handbags, activewear, and ski wear under subscription, rental, and resale offering. It also engages in the software development and support activities. The company was incorporated in 2009 and is headquartered in Brooklyn, New York.
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Today's Range

Now: $12.38
Low: $9.94
High: $13.15

50 Day Range

MA: $8.74
Low: $4.78
High: $19.38

52 Week Range

Now: $12.38
Low: $4.46
High: $58.00

Volume

492,455 shs

Average Volume

1,015,979 shs

Market Capitalization

$45.43 million

P/E Ratio

N/A

Dividend Yield

N/A

Beta

0.82

Frequently Asked Questions

What sell-side analysts currently cover shares of Rent the Runway?

The following equities research analysts have issued reports on Rent the Runway in the last year: Barclays PLC, JMP Securities, Morgan Stanley, Piper Sandler, Raymond James, Telsey Advisory Group, The Goldman Sachs Group, Inc., and Wells Fargo & Company.
View the latest analyst ratings for RENT.

What is the current price target for Rent the Runway?

8 Wall Street analysts have set twelve-month price targets for Rent the Runway in the last year. Their average twelve-month price target is $31.88, suggesting a possible upside of 205.6%. Raymond James has the highest price target set, predicting RENT will reach $100.00 in the next twelve months. Wells Fargo & Company has the lowest price target set, forecasting a price of $12.00 for Rent the Runway in the next year.
View the latest price targets for RENT.

What is the current consensus analyst rating for Rent the Runway?

Rent the Runway currently has 5 hold ratings and 3 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Hold." A "hold" rating indicates that analysts believe investors should keep any existing positions they have in RENT, but not buy more shares or sell existing shares.
View the latest ratings for RENT.

What other companies compete with Rent the Runway?

Other companies that are similar to Rent the Runway include Kirkland's, Yunji, Hour Loop, Fossil Group and Rave Restaurant Group. Learn More about companies similar to Rent the Runway.

How do I contact Rent the Runway's investor relations team?

Rent the Runway's physical mailing address is 7700 NE Ambassador Pl, PORTLAND, OR 97220-1394, United States. The company's listed phone number is 212-524-6860 and its investor relations email address is [email protected]. The official website for Rent the Runway is www.renttherunway.com. Learn More about contacing Rent the Runway investor relations.