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NASDAQ: RENT
Rent The Runway Inc Stock Forecast, Predictions & Price Target

Buy RENT

Analyst price target for RENT

Based on 11 analysts offering 12 month price targets for Rent The Runway Inc.
Min Forecast
$4.00+68.07%
Avg Forecast
$8.55+259.03%
Max Forecast
$13.00+446.22%

Should I buy or sell RENT stock?

Based on 12 analysts offering ratings for Rent The Runway Inc.
Strong Buy
Strong Buy
7 analysts 58.33%
Buy
3 analysts 25%
Hold
2 analysts 16.67%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

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RENT stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
Goldman Sachs
Top 3%
98
Strong BuyMaintains$6.00+152.10%2022-09-14
Morgan Stanley
Bottom 8%
8
Strong BuyMaintains$13.00+446.22%2022-09-13
Raymond James
Bottom 22%
22
BuyMaintains$8.00+236.13%2022-09-13
JMP Securities
Bottom 4%
4
BuyMaintains$6.00+152.10%2022-09-13
Barclays
Bottom 2%
2
Strong BuyMaintains$6.00+152.10%2022-09-13
Piper Sandler
Top 2%
99
Strong BuyMaintains$6.00+152.10%2022-09-13
Telsey Advisory Group
Bottom 1%
1
BuyMaintains$8.00+236.13%2022-09-13
Credit Suisse
Bottom 3%
3
HoldDowngrades$4.00+68.07%2022-09-13
KeyBanc
Bottom 7%
7
HoldInitiates Coverage OnN/AN/A2022-07-21
Piper Sandler
Bottom 15%
15
Strong BuyMaintains$12.00+404.20%2022-06-10

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Forecast return on equity

Is RENT forecast to generate an efficient return?
Company
-1,786.19%
Industry
61.86%
Market
118.6%
RENT's Return on Equity is... subscribe to Premium to read more.
Forecast High Return on Equity Forecast

Forecast return on assets

Is RENT forecast to generate an efficient return on assets?
Company
-33.21%
Industry
20.35%
RENT is forecast to generate... subscribe to Premium to read more.
Forecast Return on Assets vs Industry Forecast

RENT earnings per share forecast

What is RENT's earnings per share in the next 3 years based on estimates from 6 analysts?
Avg 1 year Forecast
-$2.65
Avg 2 year Forecast
-$2.38
Avg 3 year Forecast
-$1.96

RENT revenue forecast

What is RENT's revenue in the next 3 years based on estimates from 3 analysts?
Avg 1 year Forecast
$266.4M-0.13%
Avg 2 year Forecast
$304.5M+14.19%
Avg 3 year Forecast
$361.4M+35.52%
RENT's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

RENT revenue growth forecast

How is RENT forecast to perform vs Apparel Retail companies and vs the US market?
Company
10.66%
Industry
7.09%
Market
8.46%
RENT's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
RENT's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

RENT vs Apparel Stocks

TickerPricePrice TargetUp/downsideConsensus
RENT$2.38$8.55+259.03%Strong Buy
CTRN$17.71$62.50+252.91%Buy
JILL$16.63$3.20-80.76%Hold
LVLU$4.98$17.56+252.53%Strong Buy
CATO$9.60N/AN/A

Rent The Runway Stock Forecast FAQ

Is Rent The Runway Stock a good buy in 2022, according to Wall Street analysts?

The consensus among 12 Wall Street analysts covering (NASDAQ: RENT) stock is to Strong Buy RENT stock.

Out of 12 analysts, 7 (58.33%) are recommending RENT as a Strong Buy, 3 (25%) are recommending RENT as a Buy, 2 (16.67%) are recommending RENT as a Hold, 0 (0%) are recommending RENT as a Sell, and 0 (0%) are recommending RENT as a Strong Sell.

If you're new to stock investing, here's how to buy Rent The Runway stock.

What is RENT's earnings growth forecast for 2023-2025?

(NASDAQ: RENT) Rent The Runway's forecast annual earnings growth rate of N/A is not forecast to beat the US Apparel Retail industry's average forecast earnings growth rate of 12.12%, and while it is not forecast to beat the US market's average forecast earnings growth rate of 16.43%.

Rent The Runway's earnings in 2022 is -$203,500,000.On average, 6 Wall Street analysts forecast RENT's earnings for 2023 to be -$171,464,765, with the lowest RENT earnings forecast at -$178,582,171, and the highest RENT earnings forecast at -$166,935,507. On average, 6 Wall Street analysts forecast RENT's earnings for 2024 to be -$153,994,770, with the lowest RENT earnings forecast at -$175,994,023, and the highest RENT earnings forecast at -$139,759,960.

In 2025, RENT is forecast to generate -$126,819,223 in earnings, with the lowest earnings forecast at -$144,936,254 and the highest earnings forecast at -$106,761,080.

What is RENT's revenue growth forecast for 2022-2023?

(NASDAQ: RENT) Rent The Runway's forecast annual revenue growth rate of 10.66% is forecast to beat the US Apparel Retail industry's average forecast revenue growth rate of 7.09%, and and it is also forecast to beat the US market's average forecast revenue growth rate of 8.46%.

Rent The Runway's revenue in 2022 is $266,700,000.On average, 3 Wall Street analysts forecast RENT's revenue for 2022 to be $17,234,861,759, with the lowest RENT revenue forecast at $12,701,333,366, and the highest RENT revenue forecast at $19,546,983,239. On average, 6 Wall Street analysts forecast RENT's revenue for 2023 to be $19,705,183,748, with the lowest RENT revenue forecast at $19,585,805,450, and the highest RENT revenue forecast at $19,758,564,288.

In 2023, RENT is forecast to generate $23,386,046,981 in revenue, with the lowest revenue forecast at $19,449,927,711 and the highest revenue forecast at $25,460,900,048.

What is RENT's forecast return on assets (ROA) for 2022-2025?

(NASDAQ: RENT) forecast ROA is -33.21%, which is lower than the forecast US Apparel Retail industry average of 20.35%.

What is RENT's Price Target?

According to 11 Wall Street analysts that have issued a 1 year RENT price target, the average RENT price target is $8.55, with the highest RENT stock price forecast at $13.00 and the lowest RENT stock price forecast at $4.00.

On average, Wall Street analysts predict that Rent The Runway's share price could reach $8.55 by Sep 14, 2023. The average Rent The Runway stock price prediction forecasts a potential upside of 259.03% from the current RENT share price of $2.38.

What is RENT's Earnings Per Share (EPS) forecast for 2023-2025?

(NASDAQ: RENT) Rent The Runway's current Earnings Per Share (EPS) is -$2.08. On average, analysts forecast that RENT's EPS will be -$2.65 for 2023, with the lowest EPS forecast at -$2.76, and the highest EPS forecast at -$2.58. On average, analysts forecast that RENT's EPS will be -$2.38 for 2024, with the lowest EPS forecast at -$2.72, and the highest EPS forecast at -$2.16. In 2025, RENT's EPS is forecast to hit -$1.96 (min: -$2.24, max: -$1.65).

What is RENT's forecast return on equity (ROE) for 2022-2025?

(NASDAQ: RENT) forecast ROE is -1,786.19%, which is considered weak.
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