RH aka Restoration Hardware is down 57% over 12 months, now trading at a multi-year low valuation. RH trades at 18x forward P/E, a 28% discount to the S&P 500 and near sector median multiples. I project a 34% upside with a $216 price target, expecting recovery as interest rates decline and housing rebounds.
RH (RH) closed at $160.68 in the latest trading session, marking a +1.96% move from the prior day.
RH stock has shed another 18% since June, driven by tariff shocks and a self-inflicted Sourcebook delay, but this sell-off ignores a super-cycle forming for Spring 2026. Management is preparing a new brand extension, a potential $2 billion revenue engine that is not currently priced into the 16x forward earnings multiple. Early data from the international expansion validates the global thesis, with foot traffic at the new RH Paris gallery already outpacing the company's historic flagship in New York.
RH (RH) closed at $149.48 in the latest trading session, marking a -2.35% move from the prior day.
In the latest trading session, RH (RH) closed at $142.5, marking a -4.62% move from the previous day.
RH (RH) closed at $157.77 in the latest trading session, marking a -2.72% move from the prior day.
RH (RH) closed at $193.25 in the latest trading session, marking a +2.67% move from the prior day.
US President Donald Trump announced a fresh round of tariffs on pharmaceuticals, heavy trucks and furniture. The proposed tariffs also include 100% duty on patented drugs unless the producer is building a manufacturing plant in the US.
Trump announced new tariffs on pharmaceuticals, trucks, and some furniture starting October 1. The tariffs aim to counteract what Trump calls a "very unfair practice.
RH shares slid after Q2 earnings and revenue missed estimates, with the retailer trimming its fiscal 2025 outlook despite solid demand gains.
Shares of RH (NYSE:RH) are down 0.2% to trade at $227.87 at last check, after the upscale home furnishings retailer missed second-quarter expectations, reporting earnings per share of $2.93 on $899.2 million in revenue.
The home furnishing retailer said tariffs would add to its costs next year.