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Rent the Runway Inc has a consensus price target of $11.26 based on the ratings of 11 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 376.95% upside for Rent the Runway Inc from these most-recent analyst ratings.
1calculated from analyst ratings
| Get Alert | |||||
|---|---|---|---|---|---|
| Dec 10, 2024 | 439.94% | 4040 | Previous Market Outperform Current Market Outperform | Get Alert | |
| Sep 6, 2024 | 250.96% | 2634 | Previous Buy Current Buy | Get Alert | |
| Jun 7, 2024 | 439.94% | 2040 | Previous Market Outperform Current Market Outperform | Get Alert | |
| Apr 12, 2024 | 277.96% | 2840 | Previous Buy Current Buy | Get Alert | |
| Apr 11, 2024 | 169.97% | 2040 | Previous Market Outperform Current Market Outperform | Get Alert | |
| Jan 17, 2024 | -89.88% | 0.752 | Previous Overweight Current Neutral | Get Alert | |
| Jan 16, 2024 | -91.9% | 0.6 | Previous Overweight Current Equal-Weight | Get Alert | |
| Jan 11, 2024 | -73% | 23.5 | Previous Buy Current Buy | Get Alert | |
| Dec 6, 2023 | -86.5% | 14 | Previous Overweight Current Overweight | Get Alert | |
| Dec 6, 2023 | -73% | 23 | Previous Overweight Current Overweight | Get Alert | |
| Nov 29, 2023 | -86.5% | 1 | Previous Market Perform Current Market Perform | Get Alert | |
| Sep 11, 2023 | -59.5% | 34 | Previous Overweight Current Overweight | Get Alert | |
| Sep 11, 2023 | -46.01% | 48 | Previous Overweight Current Overweight | Get Alert | |
| Sep 11, 2023 | -86.5% | 13.5 | Previous Equal-Weight Current Equal-Weight | Get Alert | |
| Sep 11, 2023 | -46.01% | 46 | Previous Overweight Current Overweight | Get Alert | |
| Sep 11, 2023 | -86.5% | 14 | Previous Outperform Current Market Perform | Get Alert | |
| Sep 11, 2023 | — | — | Previous Outperform Current Market Perform | Get Alert | |
| Sep 5, 2023 | -46.01% | 4 | Previous Outperform Current Outperform | Get Alert | |
| Jun 14, 2023 | -19.01% | 6 | Previous Market Outperform Current Market Outperform | Get Alert | |
| Jun 8, 2023 | -19.01% | 6 | Previous Current Overweight | Get Alert | |
| Jun 8, 2023 | -52.76% | 3.5 | Previous Current Equal-Weight | Get Alert | |
| Jun 8, 2023 | -32.51% | 58 | Previous Outperform Current Outperform | Get Alert | |
| Jun 8, 2023 | -46.01% | 4 | Previous Outperform Current Outperform | Get Alert | |
| Jun 1, 2023 | -46.01% | 4 | Previous Outperform Current Outperform | Get Alert | |
| Apr 13, 2023 | -19.01% | 6 | Previous Current Market Outperform | Get Alert | |
| Apr 13, 2023 | -46.01% | 34 | Previous Current Overweight | Get Alert | |
| Apr 13, 2023 | -46.01% | 4 | Previous Current Outperform | Get Alert | |
| Dec 15, 2022 | — | — | Previous Initiates Current Peer Perform | Get Alert |
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 439.94% upside). 0 analyst firms have reported ratings in the last year.
The latest analyst rating for Rent the Runway (NASDAQ:RENT) was provided by JMP Securities, and Rent the Runway reiterated their market outperform rating.
There is no last upgrade for Rent the Runway
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.
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.
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 $7.41, which is out of the analyst’s predicted range.
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