REAL icon

The RealReal

5.43 USD
-0.05
0.91%
At close May 19, 4:00 PM EDT
Pre-market
5.43
+0.00
0.00%
1 day
-0.91%
5 days
-3.38%
1 month
3.04%
3 months
-31.87%
6 months
25.69%
Year to date
-44.82%
1 year
25.12%
5 years
-56.35%
10 years
-81.21%
 

About: The RealReal is the largest pure-play luxury resale platform in the US, generating $1.8 billion in 2024 gross merchandise volume and addressing a niche (personal luxury resale) that had previously been serviced by inefficient upscale boutiques and local pawn shops. The company generates revenue via consignment and first-party sales on its online marketplace, and through a small volume of direct sales. With a hands-on approach that actively sources inventory and authenticates every item on its platform, The RealReal is able to justify much higher take rates than peers, working out to roughly 36% of net merchandise value in 2024, which excludes returns, cancellations, and first-party sales.

Employees: 3,011

0
Funds holding %
of 7,202 funds
Analysts bullish %

Fund manager confidence

Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)

197% more call options, than puts

Call options by funds: $26.9M | Put options by funds: $9.08M

67% more first-time investments, than exits

New positions opened: 50 | Existing positions closed: 30

48% more repeat investments, than reductions

Existing positions increased: 80 | Existing positions reduced: 54

11.38% more ownership

Funds ownership: 70.25% [Q4 2024] → 81.63% (+11.38%) [Q1 2025]

9% more funds holding

Funds holding: 188 [Q4 2024] → 204 (+16) [Q1 2025]

42% less capital invested

Capital invested by funds: $840M [Q4 2024] → $489M (-$350M) [Q1 2025]

50% less funds holding in top 10

Funds holding in top 10: 8 [Q4 2024] → 4 (-4) [Q1 2025]

Research analyst outlook

1 Wall Street Analyst provided 1 year price targets over the past 3 months

Low target
$7
29%
upside
Avg. target
$7
29%
upside
High target
$7
29%
upside

1 analyst rating

positive
0%
neutral
100%
negative
0%
UBS
Kunal Madhukar
29%upside
$7
Neutral
Maintained
9 May 2025

Financial journalist opinion

Based on 4 articles about REAL published over the past 30 days

Positive
Seeking Alpha
6 days ago
The RealReal: Impressive Buyer Growth, But We're Waiting On Margin Progress
The RealReal has successfully transitioned to a consignment-first model, driving double-digit revenue growth and an expanding buyer base despite broader retail challenges. The stock remains down ~40% YTD, with cautious market sentiment due to razor-thin profit margins and high operational costs. The RealReal's valuation is high, trading at 36x EV/FY25 adjusted EBITDA, necessitating significant margin improvements and stable revenue growth to justify.
The RealReal: Impressive Buyer Growth, But We're Waiting On Margin Progress
Neutral
Seeking Alpha
1 week ago
The RealReal, Inc. (REAL) Q1 2025 Earnings Call Transcript
The RealReal, Inc. (NASDAQ:REAL ) Q1 2025 Earnings Conference Call May 8, 2025 5:00 PM ET Company Participants Caitlin Howe - Senior Vice President, Finance Rati Sahi Levesque - President and Chief Executive Officer Ajay Gopal - Chief Financial Officer Conference Call Participants Ashley Owens - KeyBanc Capital Markets Ike Boruchow - Wells Fargo Marvin Fong - BTIG Bobby Brooks - Northland Capital Markets Mark Altschwager - Baird Jay Sole - UBS Operator Good day and thank you for standing by. Welcome to the RealReal First Quarter 2025 Financial Results Conference Call.
The RealReal, Inc. (REAL) Q1 2025 Earnings Call Transcript
Negative
Zacks Investment Research
1 week ago
The RealReal (REAL) Reports Q1 Loss, Lags Revenue Estimates
The RealReal (REAL) came out with a quarterly loss of $0.14 per share versus the Zacks Consensus Estimate of a loss of $0.13. This compares to loss of $0.12 per share a year ago.
The RealReal (REAL) Reports Q1 Loss, Lags Revenue Estimates
Neutral
GlobeNewsWire
1 week ago
The RealReal Announces First Quarter 2025 Results
Q1 2025 Revenue of $160 million, up 11% Year-Over-YearQ1 2025 Net Income of $62 million including $80 million of non-cash gainsQ1 2025 Adjusted EBITDA of $4.1 million improved $6.4 million Year-Over-Year SAN FRANCISCO, May 08, 2025 (GLOBE NEWSWIRE) -- The RealReal, Inc. (Nasdaq: REAL)—the world's largest online marketplace for authenticated, resale luxury goods—today reported financial results for its first quarter ended March 31, 2025. First quarter 2025 gross merchandise value (GMV) and total revenue increased 9% and 11%, respectively, compared to the first quarter of 2024.
The RealReal Announces First Quarter 2025 Results
Neutral
GlobeNewsWire
1 month ago
The RealReal Announces Timing of Its First Quarter 2025 Earnings Conference Call
SAN FRANCISCO, April 17, 2025 (GLOBE NEWSWIRE) -- The RealReal  (Nasdaq: REAL)—the world's largest online marketplace for authenticated, resale luxury goods—today announced that it will release its financial results for the first quarter, ended March 31, 2025, after the market closes on May 8, 2025.
The RealReal Announces Timing of Its First Quarter 2025 Earnings Conference Call
Negative
Seeking Alpha
2 months ago
The RealReal: Strong Customer Adds, But The Stock Has Run Too Hot (Rating Downgrade)
I'm downgrading The RealReal to a neutral rating after a sharp rebound rally over the past few months; wait for the stock to fall to ~$4.50-$5.00 before buying back in. The stock's ~15% fall post-Q4 earnings reflects the fact that expectations have run high for The RealReal following its transition to a pure consignment model. Risks include tough macro conditions for luxury goods, especially in China, and significant competition from other consignment platforms and fashion houses.
The RealReal: Strong Customer Adds, But The Stock Has Run Too Hot (Rating Downgrade)
Neutral
Seeking Alpha
2 months ago
The RealReal, Inc. (REAL) Q4 2024 Earnings Call Transcript
The RealReal, Inc. (NASDAQ:REAL ) Q4 2024 Earnings Conference Call February 20, 2024 5:00 PM ET Company Participants Caitlin Howe - SVP, Finance Rati Levesque - CEO and President Ajay Gopal - CFO Conference Call Participants Ike Boruchow - Wells Fargo Bobby Brooks - Northland Capital Markets Jay Sole - UBS Ashley Owens - KeyBanc Capital Markets Kunal Madhukar - Water Tower Research Operator Good day and thank you for standing by. Welcome to the RealReal Fourth Quarter 2024 Financial Results Conference Call.
The RealReal, Inc. (REAL) Q4 2024 Earnings Call Transcript
Negative
Zacks Investment Research
2 months ago
The RealReal (REAL) Reports Q4 Loss, Tops Revenue Estimates
The RealReal (REAL) came out with a quarterly loss of $0.62 per share versus the Zacks Consensus Estimate of a loss of $0.10. This compares to loss of $0.07 per share a year ago.
The RealReal (REAL) Reports Q4 Loss, Tops Revenue Estimates
Neutral
GlobeNewsWire
2 months ago
The RealReal Announces Fourth Quarter and Full Year 2024 Results
Fourth quarter revenue of $164 million, up 14% year-over-year, a record high for the company2024 Net Loss of $134 million improved $34 million year-over-year, resulting in positive $9 million of Adjusted EBITDA2024 Operating Cash Flow of positive $27 million, increased $88 million year-over year, resulting in positive Free Cash Flow for the year
The RealReal Announces Fourth Quarter and Full Year 2024 Results
Positive
Zacks Investment Research
2 months ago
4 Consumer Discretionary Stocks Poised for Growth in 2025
Interparfums, Central Garden & Pet Company, RealReal and Honest Company focus on a superior product strategy and prudent capital investments.
4 Consumer Discretionary Stocks Poised for Growth in 2025
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