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

OverviewForecast
EarningsDividendOwnership

Analyst price target for RENT

Based on 7 analysts offering 12 month price targets for Rent The Runway Inc.
Min Forecast
$1.00+69.49%
Avg Forecast
$3.43+481.19%
Max Forecast
$6.00+916.95%

Should I buy or sell RENT stock?

Based on 7 analysts offering ratings for Rent The Runway Inc.
Buy
Strong Buy
3 analysts 42.86%
Buy
2 analysts 28.57%
Hold
2 analysts 28.57%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

Be the first to know when Wall Street analysts revise their RENT stock forecasts and price targets.

RENT stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
lockedlocked$00.00+00.00%2023-11-29
lockedlocked$00.00+00.00%2023-09-11
lockedlocked$00.00+00.00%2023-09-11
lockedlocked$00.00+00.00%2023-09-11
lockedlocked$00.00+00.00%2023-09-11
JMP Securities
Top 31%
70
BuyReiterates$6.00+916.95%2023-06-14
Raymond James
Bottom 11%
11
BuyMaintains$5.00+747.46%2023-06-08

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Forecast return on equity

Is RENT forecast to generate an efficient return?
Insufficient data to display

Forecast return on assets

Is RENT forecast to generate an efficient return on assets?
Company
-38.05%
Industry
6.83%
RENT is forecast to generate... subscribe to Premium to read more.
Forecast Return on Assets vs Industry Forecast

RENT revenue forecast

What is RENT's revenue in the next 3 years based on estimates from 5 analysts?
Avg 1 year Forecast
$296.8M-1.95%
Avg 2 year Forecast
$318.0M+5.06%
Avg 3 year Forecast
$381.8M+26.15%
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
6.69%
Industry
6.04%
Market
7.5%
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$0.59$3.43+481.19%Buy
EXPR$8.84$20.00+126.24%Strong Buy
DBGI$3.54N/AN/A
LVLU$2.67$2.67-0.11%Hold
CATO$7.13N/AN/A
View Top Apparel Stocks

Rent The Runway Stock Forecast FAQ

Is Rent The Runway Stock a good buy in 2023, according to Wall Street analysts?

The consensus among 7 Wall Street analysts covering (NASDAQ: RENT) stock is to Buy RENT stock.

Out of 7 analysts, 3 (42.86%) are recommending RENT as a Strong Buy, 2 (28.57%) are recommending RENT as a Buy, 2 (28.57%) 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 revenue growth forecast for 2024-2026?

(NASDAQ: RENT) Rent The Runway's forecast annual revenue growth rate of 6.69% is forecast to beat the US Apparel Retail industry's average forecast revenue growth rate of 6.04%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 7.5%.

Rent The Runway's revenue in 2023 is $302,700,000.On average, 5 Wall Street analysts forecast RENT's revenue for 2024 to be $20,463,898,233, with the lowest RENT revenue forecast at $20,416,253,414, and the highest RENT revenue forecast at $20,599,523,936. On average, 5 Wall Street analysts forecast RENT's revenue for 2025 to be $21,927,580,190, with the lowest RENT revenue forecast at $21,202,289,513, and the highest RENT revenue forecast at $22,622,394,731.

In 2026, RENT is forecast to generate $26,328,554,938 in revenue, with the lowest revenue forecast at $26,242,573,621 and the highest revenue forecast at $26,414,536,255.

What is RENT's forecast return on assets (ROA) for 2023-2026?

(NASDAQ: RENT) forecast ROA is -38.05%, which is lower than the forecast US Apparel Retail industry average of 6.83%.

What is RENT's Price Target?

According to 7 Wall Street analysts that have issued a 1 year RENT price target, the average RENT price target is $3.43, with the highest RENT stock price forecast at $6.00 and the lowest RENT stock price forecast at $1.00.

On average, Wall Street analysts predict that Rent The Runway's share price could reach $3.43 by Nov 29, 2024. The average Rent The Runway stock price prediction forecasts a potential upside of 481.19% from the current RENT share price of $0.59.

What is RENT's forecast return on equity (ROE) for 2023-2026?

(NASDAQ: RENT) forecast ROE is N/A, which is considered weak.
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