Rent the Runway, Inc. (RENT)
NASDAQ (NMS) NASDAQ (NMS) Primary Summary
Rent the Runway: Leadership In Flux, Valuation In Your Favour
Rent the Runway remains a buy, with a P/S-based target price range of $9.64–$16.03, implying significant upside from current levels. Q1 FY26 revenue grew 29% year-over-year, but profitability and free cash flow remain negative; subscriber growth is moderate, and seasonality is a concern. Leadership risk is elevated following the CEO and CFO departures, with interim management drawn from Nordstrom, but permanent appointments are still pending.
Rent the Runway Q1 Earnings Call Highlights
Rent the Runway NASDAQ: RENT reported sharply higher first-quarter fiscal 2026 revenue and reiterated its full-year outlook, as management pointed to stronger subscriber monetization, growth in add-on items and early progress in new revenue initiatives.
Rent The Runway Reaffirms 2026 Guidance as CEO Announces Successor
Rent the Runway announced an upcoming CEO transition Wednesday (May 13), saying that Co-founder Jennifer Hyman will step down as CEO, president and board member on Friday (May 15) and be succeeded by Board Member Teri Bariquit, who will serve as interim CEO and president.
Rent the Runway, Inc. Investors
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
 William Jollie Quent Capital LLC | 35,000 | $239,290 | $108,675 | -$130,615 | -54.58% |
 Leanne Menzel Smallwood Wealth Investment Management LLC | 23 | $181.93 | $71.53 | -$110.4 | -60.68% |
Rent the Runway, Inc. Analysts
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
 Ike Boruchow Wells Fargo | - | - | - | - | - |
 Eric Sheridan Goldman Sachs | - | - | - | - | - |
Rent the Runway, Inc. (RENT) FAQ
What is the stock price today?
On which exchange is it traded?
What is its stock symbol?
Does it pay dividends? What is the current yield?
What is its market cap?
Has Rent the Runway, Inc. ever had a stock split?
Rent the Runway, Inc. Profile
| Textiles, Apparel & Luxury Goods Industry | Consumer Discretionary Sector | Teri J. Bariquit CEO | NASDAQ (NMS) Exchange | 76010Y202 CUSIP |
| US Country | 1,015 Employees | - Last Dividend | 3 Apr 2024 Last Split | - IPO Date |
Overview
Rent the Runway, Inc., established in 2009 and headquartered in Brooklyn, New York, revolutionizes the fashion industry by operating a shared designer closet across the United States. The company pioneers a unique business model that democratizes luxury fashion, enabling customers to access a wide range of high-end garments and accessories through convenient subscription, rental, and resale offerings. This innovative approach not only provides an economical and sustainable option for fashion enthusiasts but also promotes the circular fashion economy. In addition to its core services, Rent the Runway, Inc. is also involved in software development and support, showcasing its versatility and commitment to leveraging technology to enhance its services.
Products and Services
- Evening Wear and Accessories
Rent the Runway provides an extensive selection of high-end evening wear and complementary accessories, catering to customers looking for luxurious outfits for special occasions without the commitment of a purchase.
- Ready-to-Wear
This service offers a broad range of designer apparel suitable for everyday wear, from classic looks to the latest season's trends, allowing customers to refresh their wardrobe constantly.
- Workwear
Catering to the professional woman, Rent the Runway offers a curated collection of workwear essentials that blend style with functionality, ideal for maintaining a dynamic and polished office wardrobe.
- Denim
From classic cuts to trendy pieces, Rent the Runway's denim collection provides versatility and style for casual looks, giving customers the opportunity to experiment with different styles without long-term commitment.
- Casual
This segment includes a wide range of casual attire that combines comfort with style, perfect for everyday activities or relaxed weekends.
- Maternity
Understanding the temporary nature of maternity wear needs, Rent the Runway offers a thoughtful selection of fashionable maternity clothes that adapt to changing body sizes throughout pregnancy.
- Outerwear
Customers can select from a variety of designer outerwear options to stay stylish and warm, irrespective of the season, without the need to purchase expensive pieces outright.
- Blouses and Knitwear
This category features a diverse collection of tops, including elegant blouses and cozy knitwear, that can easily transition from day to evening wear.
- Loungewear
Rent the Runway provides comfortable and chic loungewear options that do not compromise on style, perfect for relaxing at home or casual outings.
- Jewelry and Handbags
Accessorizing is made easy with Rent the Runway's selection of designer jewelry and handbags, allowing customers to complete their outfit with the perfect finishing touches.
- Activewear and Ski Wear
For fitness enthusiasts and winter sports aficionados, Rent the Runway offers performance-oriented activewear and ski wear, combining high quality with designer style.
