The price of REAL is predicted to go up 0.34%, based on the high correlation periods with EHC. The similarity of these two price pattern on the periods is 95.14%.
REAL
EHC
Partnerships with Stella McCartney, Burberry, and Gucci should bolster trust in The RealReal's authentication services, addressing a key pain-point in luxury e-commerce.
Ballooning acceptance of used apparel purchases and an emphasis on the circular economy provide meaningful secular tailwinds.
The RealReal should continue to capture its fair share of growth, as an antiquated offline boutique and pawn shop market is ill positioned to mimic the online reseller's platform, authentication, and sourcing investments.
Northland Capital Markets
2024-12-17
Price Target
$6.5 → $13
Upside
+31.44%
Wells Fargo
2024-12-09
Price Target
$4 → $15
Upside
+67.41%