Q2 Earnings Forecast for RH Issued By Telsey Advisory Group

RH (NYSE:RH) – Analysts at Telsey Advisory Group decreased their Q2 2026 earnings per share (EPS) estimates for RH in a research note issued on Monday, June 9th. Telsey Advisory Group analyst C. Fernandez now forecasts that the company will earn $3.32 per share for the quarter, down from their prior estimate of $3.73. Telsey Advisory Group currently has a “Outperform” rating and a $255.00 target price on the stock. The consensus estimate for RH’s current full-year earnings is $4.39 per share. Telsey Advisory Group also issued estimates for RH’s Q3 2026 earnings at $3.93 EPS, FY2026 earnings at $10.25 EPS, Q2 2027 earnings at $4.41 EPS, Q3 2027 earnings at $5.15 EPS and FY2027 earnings at $14.40 EPS.

RH has been the topic of several other research reports. Loop Capital dropped their target price on shares of RH from $450.00 to $190.00 and set a “hold” rating on the stock in a research report on Friday, April 4th. Citigroup reissued a “neutral” rating and set a $200.00 price objective (down from $437.00) on shares of RH in a report on Thursday, April 3rd. Robert W. Baird reduced their target price on RH from $400.00 to $215.00 and set a “neutral” rating for the company in a research note on Thursday, April 3rd. UBS Group lowered their price target on RH from $235.00 to $215.00 and set a “neutral” rating for the company in a research report on Thursday, June 5th. Finally, Morgan Stanley cut their price objective on RH from $530.00 to $300.00 and set an “overweight” rating on the stock in a report on Thursday, April 3rd. Two research analysts have rated the stock with a sell rating, six have issued a hold rating and nine have given a buy rating to the company’s stock. Based on data from MarketBeat, RH presently has a consensus rating of “Hold” and a consensus price target of $270.00.

RH Stock Down 1.2%

RH opened at $176.76 on Wednesday. The company has a market cap of $3.31 billion, a P/E ratio of 50.79, a price-to-earnings-growth ratio of 2.65 and a beta of 2.19. The firm’s 50-day moving average price is $183.54 and its 200-day moving average price is $295.15. RH has a 52-week low of $123.03 and a 52-week high of $457.26.

RH (NYSE:RH) last announced its earnings results on Thursday, June 12th. The company reported $0.13 earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.07) by $0.20. The company had revenue of $813.95 million for the quarter, compared to analyst estimates of $817.66 million. RH had a negative return on equity of 35.72% and a net margin of 2.25%. The firm’s quarterly revenue was up 12.0% compared to the same quarter last year. During the same period in the prior year, the company posted ($0.40) EPS.

Institutional Investors Weigh In On RH

Hedge funds and other institutional investors have recently made changes to their positions in the company. Rhumbline Advisers lifted its stake in shares of RH by 1.2% in the 1st quarter. Rhumbline Advisers now owns 40,787 shares of the company’s stock valued at $9,561,000 after purchasing an additional 489 shares during the period. SWS Partners raised its position in shares of RH by 39.7% in the first quarter. SWS Partners now owns 13,112 shares of the company’s stock worth $3,074,000 after acquiring an additional 3,725 shares during the period. Intech Investment Management LLC boosted its stake in shares of RH by 29.0% during the 1st quarter. Intech Investment Management LLC now owns 9,790 shares of the company’s stock worth $2,295,000 after acquiring an additional 2,198 shares in the last quarter. Game Plan Financial Advisors LLC grew its position in shares of RH by 4.1% during the 1st quarter. Game Plan Financial Advisors LLC now owns 8,100 shares of the company’s stock valued at $1,899,000 after acquiring an additional 316 shares during the period. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its stake in shares of RH by 6.2% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 38,622 shares of the company’s stock valued at $9,053,000 after purchasing an additional 2,244 shares in the last quarter. Institutional investors and hedge funds own 90.17% of the company’s stock.

About RH

RH, together with its subsidiaries, operates as a retailer in the home furnishings market. The company offers products in various categories, including furniture, lighting, textiles, bathware, décor, outdoor and garden, baby, child, and teen furnishings. It provides its products through rh.com, rhbabyandchild.com, rhteen.com, rhmodern.com, and waterworks.com online channels, as well as operates RH Galleries, RH outlet stores, RH Guesthouse, and Waterworks showrooms in the United States, Canada, the United Kingdom, and Germany.