These Analysts Increase Their Forecasts On RH Following Better-Than-Expected Q1 Earnings - RH (NYSE:RH)

RH (NYSE:RH) reported better-than-expected first-quarter financial results and raised its FY2026 sales guidance on Thursday.RH reported quarterly losses of $1.97 per share, which beat the analyst consensus estimate of losses of $2.11 per share. The company reported quarterly sales of $800.328 million, which beat the analyst consensus estimate of $792.780 million.RH raised its FY2026 sales guidance from $3.577 billion-$3.715 billion to $3.594 billion-$3.715 billion.RH shares fell 5.8% to trade at $149.95 on Friday.These analysts made changes to their price targets on RH following earnings announcement.

Baird analyst Peter Benedict maintained RH with a Neutral and raised the price target from $125 to $150.

Wells Fargo analyst Zachary Fadem maintained the stock with an Overweight rating and raised the price target from $160 to $175.

Stifel analyst W. Andrew Carter maintained RH with a Hold and raised the price target from $110 to $130.