Analyst Price Target is $6.55
▲ +66.67% Upside Potential
This price target is based on 12 analysts offering 12 month price targets for Rent the Runway in the last 3 months. The average price target is $6.55, with a high forecast of $13.00 and a low forecast of $3.00. The average price target represents a 66.67% upside from the last price of $3.93.
Current Consensus is
The current consensus among 12 contributing investment analysts is to buy stock in Rent the Runway.
Rent the Runway, Inc. rents designer wear for women through its stores and online retail. The company offers ready-to-wear, workwear, denim, casual, maternity, outerwear, blouses, knitwear, loungewear, jewelry, handbags, activewear, ski wear, home goods, evening wear, and kids wear, as well as accessories. It also engages in the software development and support activities. The company was incorporated in 2009 and is headquartered in Brooklyn, New York.