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Reformation Inc

REFNYSE

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$20.34

2.2912.69%

Last update: Nov 9, 4:00 PM

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Reformation (REF) Stock Price Target 2026

The average analyst price target for Reformation is $19.75, 2.9% below the current price. Of 8 analysts, 7 rate it Buy and 1 Sell. Targets range from $16 to $21. The latest change came on Nov 6, 2026, when RBC Capital raised its price target on Reformation from $18 to $21 and kept an Outperform rating.

The Average Analyst Price Target for Reformation is $19.75.

Price Target Range — 2 Quarters

Analyst Consensus — 8 Analysts

7Buy

1Sell

Consensus RatingBuy# Analysts8Avg. Consensus PT$19.75Upside to Avg. PT-2.9%

Rating Trend — Last 9 Months

Latest Upgrades and Downgrades for Reformation Stock

See all ratings →

Date	Firm	Analyst	Action	Rating Change	Price Target
Nov 6, 2026	RBC Capital	Irene Nattel	PT Raise	Outperform	$18→$21
Nov 6, 2026	BTIG	Janine Stichter	PT Raise	Buy	$20→$21
Sep 11, 2026	RBC Capital	Irene Nattel	Maintained	Outperform	$18
Sep 11, 2026	Guggenheim	Simeon Siegel	Maintained	Buy	$20
Aug 24, 2026	William Blair	Dylan Carden	Initiate	Outperform	—
Aug 24, 2026	Telsey Advisory Group	Dana Telsey	Initiate	Underperform	$20
Aug 24, 2026	Citigroup	Paul Lejuez	Initiate	Buy	$20
Aug 24, 2026	JP Morgan	Matthew Boss	Initiate	Overweight	$21
Aug 24, 2026	RBC Capital	Irene Nattel	Initiate	Outperform	$18
Aug 24, 2026	Guggenheim	Simeon Siegel	Initiate	Buy	$20
Aug 24, 2026	BTIG	Janine Stichter	Initiate	Buy	$20
Aug 24, 2026	Morgan Stanley	Alex Straton	Initiate	Equal-Weight	$16
Aug 24, 2026	Baird	Mark Altschwager	Initiate	Outperform	$19

Analyst Ratings News

PRO
RBC Capital Maintains Outperform on Reformation, Raises Price Target to $21

RBC Capital analyst Irene Nattel maintains Reformation (NYSE:REF) with a Outperform and raises the price target from $18 to $21.

Benzinga Newsdesk

PRO
BTIG Maintains Buy on Reformation, Raises Price Target to $21

BTIG analyst Janine Stichter maintains Reformation (NYSE:REF) with a Buy and raises the price target from $20 to $21.

Benzinga Newsdesk

PRO
RBC Capital Reiterates Outperform on Reformation, Maintains $18 Price Target

RBC Capital analyst Irene Nattel reiterates Reformation (NYSE:REF) with a Outperform and maintains $18 price target.

Benzinga Newsdesk

PRO
Guggenheim Reiterates Buy on Reformation, Maintains $20 Price Target

Guggenheim analyst Simeon Siegel reiterates Reformation (NYSE:REF) with a Buy and maintains $20 price target.

Benzinga Newsdesk

PRO
William Blair Initiates Coverage On Reformation with Outperform Rating

William Blair analyst Dylan Carden initiates coverage on Reformation (NYSE:REF) with a Outperform rating.

Benzinga Newsdesk

PRO
Telsey Advisory Group Initiates Coverage On Reformation with Underperform Rating, Announces Price Target of $20

Telsey Advisory Group analyst Dana Telsey initiates coverage on Reformation (NYSE:REF) with a Underperform rating and announces Price Target of $20.

Benzinga Newsdesk