BTIG analyst Marvin Fong maintained a Buy rating on RealReal (NASDAQ:REAL) on Thursday, setting a price target of $21, which is approximately 60.80% above the present share price of $13.06.
Fong expects RealReal to post earnings per share (EPS) of -$0.62 for the fourth quarter of 2021.
The current consensus among 9 TipRanks analysts is for a Moderate Buy rating of shares in RealReal, with an average price target of $20.44.
The analysts price targets range from a high of $35 to a low of $14.
In its latest earnings report, released on 09/30/2021, the company reported a quarterly revenue of $118.84 million and a net profit of -$50.66 million. The company's market cap is $1.21 billion.
According to TipRanks.com, BTIG analyst Marvin Fong is currently ranked with 4 stars on a 0-5 stars ranking scale, with an average return of 14.9% and a 44.34% success rate.
The RealReal, Inc. is an online luxury consignment site, which engages in the consignment of luxury goods across multiple categories, including women's, men's, kids', jewelry, and watches, and home and art. The firm sells pieces from designers such as Cartier, Chanel, Christian Louboutin, Gucci, Hermes, Louis Vuitton, Prada (OTC:PRDSY), Rolex, Tiffany & Co., and Valentino. The company was founded by Julie Wainwright and Marcy Carmack in March 2011 and is headquartered in San Francisco, CA.