RH (RH)

• Market cap: $4.51B
• 1 day: 3.48%
• 5 days: 7.93%
• 1 month: -28.79%
• 3 months: -40.68%
• 6 months: -29.91%
• Year to date: -38.70%
• 1 year: -22.22%
• 5 years: 201.11%
• 10 years: 160.77%
• Sector: Consumer Discretionary
• Industry: Furniture Stores

About: RH is a luxury furniture and lifestyle retailer operating in the $134 billion domestic furniture and home furnishing industry. The firm offers merchandise across many categories including furniture, lighting, textiles, bath, decor, and children and is growing the presence of its hospitality business with 19 restaurant locations. RH innovates, curates, and integrates products, categories, services, and businesses across channels and brand extensions (RH Modern and Waterworks, for example). RH is fully integrated across channels and is positioned to broaden its addressable market over the next decade by expanding abroad, with its World of RH digital platform (highlighting offerings outside of home furnishings), and with offerings in bespoke furniture, architecture, media, and more.

Employees: 6,590

Fund manager confidence

Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)

74% more first-time investments, than exits

New positions opened: 94 | Existing positions closed: 54

50% more funds holding in top 10

Funds holding in top 10: 8 [Q3] → 12 (+4) [Q4]

22% more capital invested

Capital invested by funds: $5.39B [Q3] → $6.59B (+$1.2B) [Q4]

9% more funds holding

Funds holding: 387 [Q3] → 422 (+35) [Q4]

0.04% less ownership

Funds ownership: 87.35% [Q3] → 87.32% (-0.04%) [Q4]

8% less repeat investments, than reductions

Existing positions increased: 126 | Existing positions reduced: 137

17% less call options, than puts

Call options by funds: $863M | Put options by funds: $1.04B

Research analyst outlook

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

• Low target: $250 3% upside
• Avg. target: $409 69% upside
• High target: $530 119% upside

5 analyst ratings

• positive: 3 60%
• neutral: 2 40%
• negative: 0 0%

UBS Michael Lasser 37% 1-year accuracy 14 / 38 met price target	3% upside $250	Neutral Maintained	21 Mar 2025
Wells Fargo Zachary Fadem 39% 1-year accuracy 14 / 36 met price target	55% upside $375	Overweight Maintained	18 Mar 2025
Goldman Sachs Kate McShane 53% 1-year accuracy 16 / 30 met price target	54% upside $374	Neutral Upgraded	30 Jan 2025
Morgan Stanley Simeon Gutman 46% 1-year accuracy 16 / 35 met price target	119% upside $530	Overweight Upgraded	13 Jan 2025
Barclays Seth Sigman 48% 1-year accuracy 19 / 40 met price target	113% upside $515	Overweight Upgraded	8 Jan 2025