The mean of analysts' price targets for The RealReal (REAL) points to a 73.1% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in raising earnings estimates does indicate an upside in the stock.
The RealReal (REAL) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.
The RealReal, Inc. operates the largest online marketplace for authenticated luxury resale, with a unique consignment-based model. REAL shares have declined approximately 43% year-to-date, now trading at $8.95, reflecting significant market pessimism. Recent catalysts include a debt refinancing in early October and the upcoming Q3 earnings report on November 3.
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
Curtis Ellergodt Rothschild Investment LLC | 651 | $6,584.42 | $6,783.42 | $199 | 3.02% |
| NA Nizar Araji National Bank Of Canada /FI/ | 383 | $2,727.47 | $3,990.86 | $1,263.39 | 46.32% |
| HC Hubert Cheng Park Avenue Securities LLC | 48,994 | $532,562.62 | $529,870.11 | -$2,692.51 | -0.51% |
| BG Bart Gancher Intech Investment Management LLC | 25,944 | $267,115.55 | $287,013.28 | $19,897.73 | 7.45% |
| MM Mike Masters Masters Capital Management LLC | 1.5M | $21.09M | $16.06M | -$5.04M | -23.88% |
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
Marvin Fong BTIG | 1,615.68 | $15,268.13 | $17,497.77 | $2,229.64 | 14.6% |
| Textiles, Apparel & Luxury Goods Industry | Consumer Discretionary Sector | Rati Sahi Levesque CEO | NASDAQ (NGS) Exchange | 88339P101 CUSIP |
| US Country | 3,140 Employees | - Last Dividend | - Last Split | 28 Jun 2019 IPO Date |
The RealReal, Inc. is a pioneering force in the online resale market for luxury goods, offering a comprehensive platform for individuals in the United States to buy and sell pre-owned luxury items. Since its establishment in 2011, The RealReal has successfully bridged the gap between sustainability and luxury fashion, catering to a growing audience keen on both. Headquartered in the vibrant city of San Francisco, California, the company has expanded its presence beyond the digital realm, operating retail stores that complement its online marketplace. This business model not only facilitates the tactile experience of luxury shopping but also enhances the authenticity and trust in transactions, pivotal for the high-end goods market.
The RealReal, Inc. extends its expertise across a variety of product categories to accommodate the diverse preferences and needs of its customer base. These include: