Core Insights - RH is set to release its second-quarter earnings results on September 11, with analysts expecting earnings of $3.22 per share, a significant increase from $1.69 per share in the same quarter last year [1] - Projected quarterly revenue for RH is $905.36 million, up from $829.65 million a year earlier [1] Earnings Performance - In the first quarter, RH reported better-than-expected adjusted EPS results and maintained its FY25 guidance despite uncertainties related to tariffs and macroeconomic events [2] - Following the first-quarter report, RH shares fell by 1.7%, closing at $228.93 [2] Analyst Ratings and Price Targets - Wells Fargo analyst Zachary Fadem maintained an Overweight rating and raised the price target from $275 to $295 [5] - Telsey Advisory Group analyst Cristina Fernandez maintained an Outperform rating with a price target of $255 [5] - Citigroup analyst Steven Zaccone maintained a Neutral rating and increased the price target from $200 to $233 [5] - Guggenheim analyst Steven Forbes reiterated a Buy rating with a price target of $300 [5] - Goldman Sachs analyst Kate McShane downgraded the stock from Neutral to Sell, reducing the price target from $199 to $179 [5]
RH Gears Up For Q2 Print; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts - RH (NYSE:RH)