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Rent the Runway Analyst Ratings and Price Targets | NASDAQ:RENT | Benzinga
Rent the Runway Inc has a consensus price target of $10.54 based on the ratings of 13 analysts. The high is $40 issued by JMP Securities on December 10, 2024. The low is $0.6 issued by Wells Fargo on January 16, 2024. The 3 most-recent analyst ratings were released by JMP Securities, Jefferies, and JMP Securities on December 10, 2024, September 6, 2024, and June 7, 2024, respectively. With an average price target of $35.33 between JMP Securities, Jefferies, and JMP Securities, there's an implied 592.81% upside for Rent the Runway Inc from these most-recent analyst ratings.
Analyst Firms Making Recommendations1
JMP Securities
Jefferies
Goldman Sachs
Piper Sandler
Wells Fargo
1calculated from analyst ratings
Analyst Ratings for Rent the Runway
| Buy Now | Get Alert | |||||||
|---|---|---|---|---|---|---|---|---|
| 12/10/2024 | Buy Now | 684.31% | JMP Securities | Andrew Boone79% | $40 → $40 | Reiterates | Market Outperform → Market Outperform | Get Alert |
| 09/06/2024 | Buy Now | 409.8% | Jefferies | Ashley Helgans42% | $34 → $26 | Maintains | Buy | Get Alert |
| 06/07/2024 | Buy Now | 684.31% | JMP Securities | Andrew Boone79% | $20 → $40 | Maintains | Market Outperform | Get Alert |
| 04/12/2024 | Buy Now | 449.02% | Goldman Sachs | Alexandra Steiger36% | $40 → $28 | Maintains | Buy | Get Alert |
| 04/11/2024 | Buy Now | 292.16% | JMP Securities | Andrew Boone79% | $40 → $20 | Maintains | Market Outperform | Get Alert |
| 01/17/2024 | Buy Now | -85.29% | Piper Sandler | Edward Yruma74% | $2 → $0.75 | Downgrade | Overweight → Neutral | Get Alert |
| 01/16/2024 | Buy Now | -88.24% | Wells Fargo | Ike Boruchow71% | → $0.6 | Downgrade | Overweight → Equal-Weight | Get Alert |
| 01/11/2024 | Buy Now | -60.78% | Goldman Sachs | Eric Sheridan78% | $3.5 → $2 | Maintains | Buy | Get Alert |
| 12/06/2023 | Buy Now | -80.39% | Wells Fargo | Ike Boruchow71% | $4 → $1 | Maintains | Overweight | Get Alert |
| 12/06/2023 | Buy Now | -60.78% | Barclays | Ross Sandler71% | $3 → $2 | Maintains | Overweight | Get Alert |
| 11/29/2023 | Buy Now | -80.39% | Telsey Advisory Group | Dana Telsey61% | → $1 | Reiterates | Market Perform → Market Perform | Get Alert |
| 09/11/2023 | Buy Now | -41.18% | Barclays | Ross Sandler71% | $4 → $3 | Maintains | Overweight | Get Alert |
| 09/11/2023 | Buy Now | -21.57% | Wells Fargo | Ike Boruchow71% | $8 → $4 | Maintains | Overweight | Get Alert |
| 09/11/2023 | Buy Now | -80.39% | Morgan Stanley | Lauren Schenk53% | $3.5 → $1 | Maintains | Equal-Weight | Get Alert |
| 09/11/2023 | Buy Now | -21.57% | Piper Sandler | Edward Yruma74% | $6 → $4 | Maintains | Overweight | Get Alert |
| 09/11/2023 | Buy Now | -80.39% | Telsey Advisory Group | Dana Telsey61% | $4 → $1 | Downgrade | Outperform → Market Perform | Get Alert |
| 09/11/2023 | Buy Now | — | Raymond James | Rick Paterson48% | — | Downgrade | Outperform → Market Perform | Get Alert |
| 09/05/2023 | Buy Now | -21.57% | Telsey Advisory Group | Dana Telsey61% | → $4 | Reiterates | Outperform → Outperform | Get Alert |
| 06/14/2023 | Buy Now | 17.65% | JMP Securities | Andrew Boone79% | → $6 | Reiterates | Market Outperform → Market Outperform | Get Alert |
| 06/08/2023 | Buy Now | 17.65% | Piper Sandler | Edward Yruma74% | → $6 | Maintains | Overweight | Get Alert |
| 06/08/2023 | Buy Now | -31.37% | Morgan Stanley | Lauren Schenk53% | → $3.5 | Reiterates | → Equal-Weight | Get Alert |
| 06/08/2023 | Buy Now | -1.96% | Raymond James | Rick Paterson48% | $8 → $5 | Maintains | Outperform | Get Alert |
| 06/08/2023 | Buy Now | -21.57% | Telsey Advisory Group | Dana Telsey61% | → $4 | Reiterates | Outperform → Outperform | Get Alert |
| 06/01/2023 | Buy Now | -21.57% | Telsey Advisory Group | Dana Telsey61% | → $4 | Reiterates | Outperform → Outperform | Get Alert |
| 04/13/2023 | Buy Now | 17.65% | JMP Securities | Andrew Boone79% | → $6 | Reiterates | → Market Outperform | Get Alert |
| 04/13/2023 | Buy Now | -21.57% | Barclays | Ross Sandler71% | $3 → $4 | Maintains | Overweight | Get Alert |
| 04/13/2023 | Buy Now | -21.57% | Telsey Advisory Group | Dana Telsey61% | → $4 | Reiterates | → Outperform | Get Alert |
| 12/15/2022 | Buy Now | — | Wolfe Research | Greg Badishkanian55% | — | Initiates | → Peer Perform | Get Alert |
| 12/13/2022 | Buy Now | -31.37% | Morgan Stanley | Lauren Schenk53% | $2.5 → $3.5 | Maintains | Equal-Weight | Get Alert |
| 12/08/2022 | Buy Now | -41.18% | Barclays | Ross Sandler71% | $6 → $3 | Maintains | Overweight | Get Alert |
| 12/08/2022 | Buy Now | -21.57% | Telsey Advisory Group | Dana Telsey61% | $8 → $4 | Maintains | Outperform | Get Alert |
| 11/18/2022 | Buy Now | -50.98% | Morgan Stanley | Lauren Schenk53% | $10 → $2.5 | Downgrade | Overweight → Equal-Weight | Get Alert |
| 10/25/2022 | Buy Now | 96.08% | Morgan Stanley | Lauren Schenk53% | $13 → $10 | Maintains | Overweight | Get Alert |
| 09/14/2022 | Buy Now | 17.65% | Goldman Sachs | Eric Sheridan78% | $9 → $6 | Maintains | Buy | Get Alert |
| 09/13/2022 | Buy Now | 154.9% | Morgan Stanley | Lauren Schenk53% | $14 → $13 | Maintains | Overweight | Get Alert |
| 09/13/2022 | Buy Now | 56.86% | Raymond James | Rick Paterson48% | $9 → $8 | Maintains | Outperform | Get Alert |
| 09/13/2022 | Buy Now | 17.65% | JMP Securities | Andrew Boone79% | $12 → $6 | Maintains | Market Outperform | Get Alert |
| 09/13/2022 | Buy Now | 17.65% | Barclays | Ross Sandler71% | $7 → $6 | Maintains | Overweight | Get Alert |
| 09/13/2022 | Buy Now | 17.65% | Piper Sandler | Edward Yruma74% | $10 → $6 | Maintains | Overweight | Get Alert |
| 09/13/2022 | Buy Now | 56.86% | Telsey Advisory Group | Dana Telsey61% | $13 → $8 | Maintains | Outperform | Get Alert |
| 09/13/2022 | Buy Now | -21.57% | Credit Suisse | Michael Binetti64% | $7 → $4 | Downgrade | Outperform → Neutral | Get Alert |
| 07/21/2022 | Buy Now | — | Keybanc | Noah Zatzkin47% | — | Initiates | → Sector Weight | Get Alert |
FAQ
What is the target price for Rent the Runway (RENT) stock?
The latest price target for Rent the Runway (NASDAQ:RENT) was reported by JMP Securities on December 10, 2024. The analyst firm set a price target for $40.00 expecting RENT to rise to within 12 months (a possible 684.31% upside). 2 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 JMP Securities, and Rent the Runway reiterated their market outperform 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 December 10, 2024 so you should expect the next rating to be made available sometime around December 10, 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 reiterated with a price target of $40.00 to $40.00. The current price Rent the Runway (RENT) is trading at is $5.10, which is out of the analyst’s predicted range.
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