Analysts Set Revolve Group, Inc. (NYSE:RVLV) Price Target at $30.08

Revolve Group, Inc. (NYSE:RVLV) has been assigned an average rating of “Moderate Buy” from the thirteen analysts that are presently covering the company, Marketbeat Ratings reports. Six investment analysts have rated the stock with a hold rating and seven have given a buy rating to the company. The average 12-month target price among brokerages that have issued ratings on the stock in the last year is $30.0769.

A number of equities analysts have recently issued reports on the stock. Roth Capital reissued a “buy” rating and set a $37.00 price objective on shares of Revolve Group in a research report on Wednesday, August 5th. Weiss Ratings downgraded Revolve Group from a “hold (c+)” rating to a “hold (c)” rating in a research note on Wednesday. Piper Sandler increased their price target on Revolve Group from $27.00 to $30.00 and gave the stock an “overweight” rating in a report on Wednesday, August 5th. Wall Street Zen downgraded Revolve Group from a “buy” rating to a “hold” rating in a report on Saturday, July 25th. Finally, TD Cowen upped their target price on Revolve Group from $28.00 to $31.00 and gave the stock a “buy” rating in a research report on Wednesday, August 5th.

Institutional Investors Weigh In On Revolve Group

Several hedge funds and other institutional investors have recently made changes to their positions in the business. Kestra Advisory Services LLC bought a new position in Revolve Group in the 4th quarter valued at about $40,000. Integrated Wealth Concepts LLC bought a new stake in Revolve Group during the 2nd quarter worth approximately $46,000. Quarry LP increased its holdings in Revolve Group by 6,932.1% during the 3rd quarter. Quarry LP now owns 3,727 shares of the company’s stock worth $79,000 after purchasing an additional 3,674 shares in the last quarter. Quantbot Technologies LP purchased a new stake in shares of Revolve Group in the second quarter worth approximately $159,000. Finally, Jefferies Financial Group Inc. purchased a new stake in shares of Revolve Group in the fourth quarter worth approximately $216,000. 67.60% of the stock is owned by institutional investors.

Revolve Group Stock Up 5.1%

NYSE:RVLV opened at $20.48 on Tuesday. Revolve Group has a twelve month low of $17.35 and a twelve month high of $31.68. The company has a fifty day moving average of $23.74 and a 200-day moving average of $22.94. The firm has a market capitalization of $1.46 billion, a P/E ratio of 20.27, a P/E/G ratio of 2.42 and a beta of 1.61.

Revolve Group (NYSE:RVLV) last issued its earnings results on Tuesday, August 4th. The company reported $0.26 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.21 by $0.05. The business had revenue of $347.41 million for the quarter, compared to analyst estimates of $341.91 million. Revolve Group had a net margin of 5.54% and a return on equity of 13.38%. Revolve Group’s revenue was up 12.5% on a year-over-year basis. During the same period in the prior year, the firm earned $0.14 earnings per share. On average, analysts anticipate that Revolve Group will post 0.82 EPS for the current fiscal year.

About Revolve Group

Revolve Group, Inc operates as a leading online fashion retailer primarily serving millennial and Gen Z consumers through its flagship e-commerce platform. The company offers a curated assortment of apparel, accessories and beauty products from more than 500 established and emerging brands, alongside private label labels covering contemporary and premium segments. With a focus on trend-driven merchandise and seamless user experience, the website features shoppable editorial content and digital styling advice aimed at strengthening customer engagement and brand loyalty.

Founded in 2003 and headquartered in Cerritos, California, Revolve has expanded its footprint beyond North America by launching localized sites and logistics centers in Europe and the Middle East.