Citigroup Cuts RH (NYSE:RH) Price Target to $150.00

RH (NYSE:RH) had its target price trimmed by Citigroup from $183.00 to $150.00 in a report published on Thursday morning,Benzinga reports. The firm currently has a neutral rating on the stock.

Other research analysts have also recently issued research reports about the company. Barclays dropped their price objective on RH from $283.00 to $202.00 and set an “overweight” rating on the stock in a research note on Thursday. Guggenheim lowered their target price on RH from $275.00 to $200.00 and set a “buy” rating for the company in a report on Wednesday. UBS Group dropped their price target on RH from $188.00 to $160.00 and set a “neutral” rating on the stock in a research report on Tuesday, March 17th. Zelman & Associates restated an “outperform” rating on shares of RH in a research note on Thursday, January 29th. Finally, BNP Paribas Exane decreased their price objective on RH from $130.00 to $96.00 and set an “underperform” rating for the company in a report on Wednesday. Seven analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and four have given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Hold” and an average target price of $180.20.

RH Trading Up 0.0%

Shares of RH opened at $113.49 on Thursday. The firm has a market capitalization of $2.14 billion, a price-to-earnings ratio of 17.99, a PEG ratio of 1.22 and a beta of 2.10. The company has a debt-to-equity ratio of 51.28, a current ratio of 1.19 and a quick ratio of 0.26. RH has a 1-year low of $106.30 and a 1-year high of $257.00. The company has a 50-day moving average of $167.84 and a 200 day moving average of $178.37.

RH (NYSE:RH) last issued its earnings results on Tuesday, March 31st. The company reported $1.53 EPS for the quarter, missing analysts’ consensus estimates of $2.21 by ($0.68). The company had revenue of $842.62 million during the quarter, compared to the consensus estimate of $873.48 million. RH had a negative return on equity of 567.82% and a net margin of 3.63%.RH’s revenue was up 3.7% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.58 earnings per share. On average, research analysts expect that RH will post 4.39 EPS for the current year.

Insider Buying and Selling

In other RH news, Director Mark S. Demilio sold 2,254 shares of the stock in a transaction on Wednesday, January 14th. The stock was sold at an average price of $220.00, for a total transaction of $495,880.00. Following the sale, the director owned 19,962 shares of the company’s stock, valued at approximately $4,391,640. This trade represents a 10.15% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Eri Chaya sold 11,000 shares of RH stock in a transaction on Tuesday, March 31st. The shares were sold at an average price of $137.92, for a total value of $1,517,120.00. The SEC filing for this sale provides additional information. Insiders sold 29,254 shares of company stock valued at $4,306,520 in the last three months. 27.00% of the stock is currently owned by insiders.

Institutional Investors Weigh In On RH

A number of hedge funds have recently made changes to their positions in RH. Clearstead Advisors LLC raised its holdings in RH by 713.3% in the third quarter. Clearstead Advisors LLC now owns 122 shares of the company’s stock worth $25,000 after purchasing an additional 107 shares in the last quarter. Huntington National Bank lifted its position in shares of RH by 87.8% during the third quarter. Huntington National Bank now owns 139 shares of the company’s stock valued at $28,000 after buying an additional 65 shares during the last quarter. Harvest Fund Management Co. Ltd bought a new stake in shares of RH in the 3rd quarter valued at about $30,000. Wilmington Savings Fund Society FSB boosted its holdings in shares of RH by 200.0% in the 4th quarter. Wilmington Savings Fund Society FSB now owns 174 shares of the company’s stock valued at $31,000 after buying an additional 116 shares in the last quarter. Finally, Advisory Services Network LLC purchased a new position in shares of RH in the 3rd quarter worth approximately $31,000. 90.17% of the stock is currently owned by hedge funds and other institutional investors.

Key Stories Impacting RH

Here are the key news stories impacting RH this week:

• Positive Sentiment: Some large brokers remain constructive or keep overweight/buy ratings despite lower targets, which supports short‑term buying interest and stabilizes the stock. Read More.
• Positive Sentiment: Value/“buy‑the‑dip” commentary argues the pullback may present a long‑term entry given RH’s brand and growth plan, attracting opportunistic investors. Read More.
• Neutral Sentiment: Citigroup cut its price target from $183 to $150 and set a neutral rating — reduces upside expectations but is not a sell call, which can temper further liquidation. Read More.
• Neutral Sentiment: RH reiterated its long‑term expansion strategy (global gallery openings, higher pre‑opening costs). Management frames near‑term margin pressure as deliberate investment for growth — explains elevated spending but increases execution risk. Read More.
• Negative Sentiment: Q4 miss drove the sell‑off: adjusted EPS $1.53 vs. ~$2.21 consensus and revenue $842.6M vs. ~$873.5M; management cited tariff/resourcing and weather headwinds. That earnings miss triggered analyst cuts and selling pressure. Read More.
• Negative Sentiment: Cautious FY2026 outlook: management guided modest revenue growth and lower adjusted EBITDA margins as it ramps global expansion and funds pre‑openings — implies near‑term margin compression and slower cash generation. Read More.
• Negative Sentiment: Analyst downgrades and lower targets from multiple houses (BNP Paribas Exane, Wells Fargo and others) amplify downside pressure and reduce conviction among institutional holders. Read More.
• Negative Sentiment: Insider selling: director/insider Eri Chaya sold multiple blocks (11,000 shares on Mar 31 plus earlier sales), which investors often view as a negative signal; a shareholder law firm has also announced an investigation that can add short‑term uncertainty. Read More. Read More.
• Negative Sentiment: Macro/industry headwinds: RH’s CEO warned of a worsening housing market and declining mortgage applications, which could weigh on demand for high‑end home furnishings. Read More.

RH Company Profile

RH, formerly Restoration Hardware, is a design-driven luxury retailer specializing in high-end home furnishings, décor, textiles, lighting and outdoor living products. The company offers a curated collection of furniture pieces—including seating, casegoods, beds and dining items—alongside rugs, art and decorative accessories. RH’s product lines are organized into distinct collections, each reflecting a cohesive design philosophy and premium craftsmanship aimed at the residential and hospitality markets.

Founded in 1979 in Eureka, California, by Stephen Gordon, Restoration Hardware began as a small warehouse in Northern California.