$11.11
-0.96[-7.95%]
At close: Apr 25
$11.11
0[0.00%]
After Hours: 4:10PM EDT
Rent the Runway
(NASDAQ:RENT)Rent the Runway Stock (NASDAQ:RENT), Analyst Ratings, Price Targets, Predictions
Rent the Runway Inc has a consensus price target of $6.69, established from looking at the 64 latest analyst ratings. The last 3 analyst ratings were released from Goldman Sachs, JMP Securities, and Piper Sandler on April 12, 2024, April 11, 2024, and January 17, 2024. With an average price target of $16.25 between Goldman Sachs, JMP Securities, and Piper Sandler, there's an implied 46.26% upside for Rent the Runway Inc from these 3 analyst ratings.
Analyst Firms Making Recommendations1
Goldman Sachs
JMP Securities
Piper Sandler
Wells Fargo
Goldman Sachs
1calculated from analyst ratings published within the last 3 years
Analyst Ratings for Rent the Runway
date | ticker | Buy Now | Company | Current price | Upside/Downside | Analyst Firm | Analyst & % Accurate | Price Target Change | Rating Change | Previous / Current Rating | Get Alert |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 04/12/2024 | RENT | Buy Now | Rent the Runway | $11.11 | 152.03% | Goldman Sachs | Alexandra Steiger | $40 → $28 | Maintains | Buy | Get Alert |
| 04/11/2024 | RENT | Buy Now | Rent the Runway | $11.11 | 80.02% | JMP Securities | Andrew Boone | $40 → $20 | Maintains | Market Outperform | Get Alert |
| 01/17/2024 | RENT | Buy Now | Rent the Runway | $11.11 | -93.25% | Piper Sandler | Edward Yruma | $40 → $15 | Downgrade | Overweight → Neutral | Get Alert |
| 01/16/2024 | RENT | Buy Now | Rent the Runway | $11.11 | -94.6% | Wells Fargo | Ike Boruchow | → $12 | Downgrade | Overweight → Equal-Weight | Get Alert |
| 01/11/2024 | RENT | Buy Now | Rent the Runway | $11.11 | -82% | Goldman Sachs | Eric Sheridan | $70 → $40 | Maintains | Buy | Get Alert |
| 12/06/2023 | RENT | Buy Now | Rent the Runway | $11.11 | -91% | Wells Fargo | Ike Boruchow | $80 → $20 | Maintains | Overweight | Get Alert |
| 12/06/2023 | RENT | Buy Now | Rent the Runway | $11.11 | -82% | Barclays | Ross Sandler | $60 → $40 | Maintains | Overweight | Get Alert |
| 11/29/2023 | RENT | Buy Now | Rent the Runway | $11.11 | -91% | Telsey Advisory Group | Dana Telsey | → $20 | Reiterates | Market Perform → Market Perform | Get Alert |
| 09/11/2023 | RENT | Buy Now | Rent the Runway | $11.11 | -73% | Barclays | Ross Sandler | $80 → $60 | Maintains | Overweight | Get Alert |
| 09/11/2023 | RENT | Buy Now | Rent the Runway | $11.11 | -64% | Wells Fargo | Ike Boruchow | $160 → $80 | Maintains | Overweight | Get Alert |
| 09/11/2023 | RENT | Buy Now | Rent the Runway | $11.11 | -91% | Morgan Stanley | Lauren Schenk | $70 → $20 | Maintains | Equal-Weight | Get Alert |
| 09/11/2023 | RENT | Buy Now | Rent the Runway | $11.11 | -64% | Piper Sandler | Edward Yruma | $120 → $80 | Maintains | Overweight | Get Alert |
| 09/11/2023 | RENT | Buy Now | Rent the Runway | $11.11 | -91% | Telsey Advisory Group | Dana Telsey | $80 → $20 | Downgrade | Outperform → Market Perform | Get Alert |
| 09/11/2023 | RENT | Buy Now | Rent the Runway | $11.11 | — | Raymond James | Rick Paterson | — | Downgrade | Outperform → Market Perform | Get Alert |
| 09/05/2023 | RENT | Buy Now | Rent the Runway | $11.11 | -64% | Telsey Advisory Group | Dana Telsey | → $80 | Reiterates | Outperform → Outperform | Get Alert |
| 06/14/2023 | RENT | Buy Now | Rent the Runway | $11.11 | -45.99% | JMP Securities | Andrew Boone | → $120 | Reiterates | Market Outperform → Market Outperform | Get Alert |
| 06/08/2023 | RENT | Buy Now | Rent the Runway | $11.11 | -45.99% | Piper Sandler | Edward Yruma | → $120 | Maintains | Overweight | Get Alert |
| 06/08/2023 | RENT | Buy Now | Rent the Runway | $11.11 | -68.5% | Morgan Stanley | Lauren Schenk | → $70 | Reiterates | → Equal-Weight | Get Alert |
| 06/08/2023 | RENT | Buy Now | Rent the Runway | $11.11 | -55% | Raymond James | Rick Paterson | $160 → $100 | Maintains | Outperform | Get Alert |
FAQ
What is the target price for Rent the Runway (RENT)?
The latest price target for Rent the Runway (NASDAQ: RENT) was reported by Goldman Sachs on April 12, 2024. The analyst firm set a price target for $28.00 expecting RENT to rise to within 12 months (a possible 152.03% upside). 21 analyst firms have reported ratings in the last year.
What is the most recent analyst rating for Rent the Runway (RENT)?
The latest analyst rating for Rent the Runway (NASDAQ: RENT) was provided by Goldman Sachs, and Rent the Runway maintained their buy rating.
When was the last upgrade for Rent the Runway (RENT)?
There is no last upgrade for Rent the Runway.
When was the last downgrade for Rent the Runway (RENT)?
The last downgrade for Rent the Runway Inc happened on January 17, 2024 when Piper Sandler changed their price target from $2 to $0.75 for Rent the Runway Inc.
When is the next analyst rating going to be posted or updated for Rent the Runway (RENT)?
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Rent the Runway, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Rent the Runway was filed on April 12, 2024 so you should expect the next rating to be made available sometime around April 12, 2025.
Is the Analyst Rating Rent the Runway (RENT) correct?
While ratings are subjective and will change, the latest Rent the Runway (RENT) rating was a maintained with a price target of $40.00 to $28.00. The current price Rent the Runway (RENT) is trading at is $11.11, which is out of the analyst’s predicted range.
Browse analyst ratings and price targets on all stocks.