RH Price Prediction Next Week
RH Stock Price Prediction and Recommendation
Technical Analysis:
- Current Price: $252.41 (as of 2025-03-10)
- 52-Week Range: $212.43 - $457.26
- Recent Performance: RH's stock has shown bearish momentum, crossing below a critical moving average, indicating potential weakness.
- MACD: The MACD line is below the signal line, suggesting bearish momentum.
- RSI (14): At 19.36, RH is in oversold territory, which may indicate a potential reversal or consolidation.
News and Fundamental Analysis:
- Goldman Sachs Upgrade: Recently upgraded to Neutral with a price target of $374, reflecting improved sentiment.
- European Expansion: Strong sales growth in Europe, particularly in the UK, with a 42% increase in the second half of 2024.
- Housing Market Challenges: The U.S. housing market remains slow, which could impact RH's performance despite positive international developments.
Price Prediction:
Based on technical indicators and news sentiment, RH is expected to test the lower end of its 52-week range. The predicted price for the next trading week is $238.20.
Recommendation:
Sell if the stock breaks below the support level of $238.20, as the bearish trend may continue. Consider Buy if the stock bounces off this support level, indicating a potential reversal.
RH Similar Chart Price Prediction
The price of RH is predicted to go up -2.69%, based on the high correlation periods with EVR. The similarity of these two price pattern on the periods is 98.68%.
RH
EVR
Down: -2.69%Similarity: 98.68%
RH Revenue Forecast
RH EPS Forecast
RH FAQs
What is RH revenue forecast for next quarter？
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RH VS S&P500
RH is continuing to transform its retail footprint in North America. As new product lines are introduced (couture and upholstery, for example) into an evolving footprint, sales to a broader addressable market could rise faster than we anticipate.
With locations operating only in the US, Canada, the UK, Germany, and Belgium, international opportunities could offer significant location and revenue growth and rising global brand awareness.
Longer-term vectors for growth, including RH Hospitality and RH Residences, could elevate the total addressable market faster than we expect.
RH Analyst's Forecast
Kate McShane
Goldman Sachs
Strong Sell → Hold
2025-01-30
Price Target
$261 → $374
Downside
-13.66%
Goldman Sachs analyst Kate McShane upgraded RH to Neutral from Sell with a price target of $374, up from $261. The firm sees a shift in demand trends for RH despite a "depressed" housing environment, driven by new product and heavy marketing. In addition, the company has changed in its supply chain, reducing exposure to China and Mexico, and its heavier investments for growth seem to be now be behind, the analyst tells investors in a research note. Goldman adds RH's guidance indicates free cash flow can turn positive next year.
Simeon Gutman
Morgan Stanley
Hold → Buy
2025-01-13
Price Target
$435 → $530
Upside
+26.33%
Seth Sigman
Barclays
Hold → Buy
2025-01-08
Price Target
$383 → $515
Upside
+26.14%
