William Blair Issues Pessimistic Outlook for RH Earnings

RH (NYSE:RH) – Investment analysts at William Blair lowered their Q3 2026 earnings estimates for shares of RH in a research note issued on Thursday, April 3rd. William Blair analyst P. Blee now anticipates that the company will post earnings of $4.35 per share for the quarter, down from their prior estimate of $4.67. The consensus estimate for RH’s current full-year earnings is $4.39 per share. William Blair also issued estimates for RH’s Q4 2026 earnings at $3.46 EPS and FY2027 earnings at $14.88 EPS.

Several other equities research analysts have also recently weighed in on the company. Wedbush dropped their target price on RH from $500.00 to $350.00 and set an “outperform” rating for the company in a report on Wednesday, March 26th. Bank of America lowered RH from a “buy” rating to an “underperform” rating and dropped their price objective for the company from $410.00 to $130.00 in a research note on Thursday, April 3rd. Stifel Nicolaus decreased their target price on shares of RH from $450.00 to $390.00 and set a “buy” rating on the stock in a research note on Monday. Morgan Stanley dropped their price target on shares of RH from $530.00 to $300.00 and set an “overweight” rating for the company in a research report on Thursday, April 3rd. Finally, Guggenheim cut their price target on shares of RH from $500.00 to $300.00 and set a “buy” rating on the stock in a report on Thursday, April 3rd. Three investment analysts have rated the stock with a sell rating, five have issued a hold rating and nine have issued a buy rating to the company. According to MarketBeat, the company has a consensus rating of “Hold” and an average price target of $283.94.

RH Stock Up 12.6 %

NYSE RH opened at $163.99 on Monday. The company has a 50-day simple moving average of $307.12 and a two-hundred day simple moving average of $347.14. RH has a 12-month low of $123.03 and a 12-month high of $457.26. The firm has a market cap of $3.05 billion, a price-to-earnings ratio of 47.12, a PEG ratio of 2.65 and a beta of 2.44.

RH (NYSE:RH) last released its earnings results on Wednesday, April 2nd. The company reported $1.58 earnings per share for the quarter, missing analysts’ consensus estimates of $1.91 by ($0.33). The firm had revenue of $812.41 million during the quarter, compared to the consensus estimate of $828.21 million. RH had a negative return on equity of 35.72% and a net margin of 2.25%. The business’s quarterly revenue was up 10.0% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.72 EPS.

Institutional Trading of RH

A number of hedge funds have recently made changes to their positions in the stock. Alliancebernstein L.P. increased its holdings in shares of RH by 1,960.8% during the fourth quarter. Alliancebernstein L.P. now owns 363,698 shares of the company’s stock valued at $143,148,000 after acquiring an additional 346,050 shares in the last quarter. Norges Bank purchased a new stake in RH during the 4th quarter valued at about $54,314,000. Raymond James Financial Inc. bought a new stake in RH during the 4th quarter valued at about $52,190,000. Freestone Grove Partners LP bought a new stake in RH during the 4th quarter valued at about $44,744,000. Finally, American Century Companies Inc. raised its holdings in RH by 2,227.7% in the fourth quarter. American Century Companies Inc. now owns 105,701 shares of the company’s stock worth $41,603,000 after buying an additional 101,160 shares during the last quarter. 90.17% of the stock is owned by institutional investors.

Insiders Place Their Bets

In other news, insider Eri Chaya sold 25,000 shares of the business’s stock in a transaction on Tuesday, January 21st. The shares were sold at an average price of $450.45, for a total transaction of $11,261,250.00. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, CAO Christina Hargarten sold 5,280 shares of the company’s stock in a transaction dated Friday, January 17th. The stock was sold at an average price of $447.20, for a total transaction of $2,361,216.00. Following the completion of the sale, the chief accounting officer now directly owns 484 shares in the company, valued at $216,444.80. This represents a 91.60 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders have sold 55,880 shares of company stock worth $24,550,754. Company insiders own 28.10% of the company’s stock.

About RH

RH, together with its subsidiaries, operates as a retailer in the home furnishings market. The company offers products in various categories, including furniture, lighting, textiles, bathware, décor, outdoor and garden, baby, child, and teen furnishings. It provides its products through rh.com, rhbabyandchild.com, rhteen.com, rhmodern.com, and waterworks.com online channels, as well as operates RH Galleries, RH outlet stores, RH Guesthouse, and Waterworks showrooms in the United States, Canada, the United Kingdom, and Germany.