Morgan Stanley Forecasts Strong Price Appreciation for Revolve Group (NYSE:RVLV) Stock

Revolve Group (NYSE:RVLV) had its target price upped by equities researchers at Morgan Stanley from $26.00 to $27.00 in a research note issued to investors on Tuesday,Benzinga reports. The brokerage presently has an “equal weight” rating on the stock. Morgan Stanley’s price target would suggest a potential downside of 12.73% from the stock’s current price.

A number of other research firms also recently weighed in on RVLV. BTIG Research reissued a “buy” rating and issued a $30.00 target price on shares of Revolve Group in a report on Wednesday, November 19th. Stifel Nicolaus upped their price objective on Revolve Group from $28.00 to $33.00 and gave the stock a “buy” rating in a research note on Friday, December 12th. Guggenheim began coverage on Revolve Group in a research note on Tuesday, December 9th. They set a “neutral” rating on the stock. Wall Street Zen lowered shares of Revolve Group from a “buy” rating to a “hold” rating in a research report on Tuesday, December 9th. Finally, Barclays boosted their target price on Revolve Group from $23.00 to $24.00 and gave the company an “equal weight” rating in a research report on Wednesday, November 5th. One analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and seven have assigned a Hold rating to the company’s stock. According to MarketBeat.com, Revolve Group has an average rating of “Moderate Buy” and an average target price of $27.50.

Revolve Group Stock Up 1.0%

Shares of NYSE RVLV traded up $0.32 on Tuesday, reaching $30.94. 140,537 shares of the company’s stock traded hands, compared to its average volume of 879,408. Revolve Group has a 12 month low of $16.80 and a 12 month high of $33.68. The company has a market cap of $2.21 billion, a price-to-earnings ratio of 40.71, a price-to-earnings-growth ratio of 2.95 and a beta of 1.75. The business’s 50 day simple moving average is $26.42 and its two-hundred day simple moving average is $23.43.

Revolve Group (NYSE:RVLV) last issued its earnings results on Tuesday, November 4th. The company reported $0.24 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.11 by $0.13. The firm had revenue of $295.63 million for the quarter, compared to the consensus estimate of $297.36 million. Revolve Group had a net margin of 4.64% and a return on equity of 11.26%. The business’s revenue was up 4.4% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.15 earnings per share. Analysts forecast that Revolve Group will post 0.6 earnings per share for the current fiscal year.

Insider Buying and Selling at Revolve Group

In other Revolve Group news, CEO Michael Mente sold 68,995 shares of Revolve Group stock in a transaction dated Friday, January 9th. The stock was sold at an average price of $30.68, for a total transaction of $2,116,766.60. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, CFO Jesse Timmermans sold 5,349 shares of the firm’s stock in a transaction dated Thursday, January 8th. The stock was sold at an average price of $31.51, for a total value of $168,546.99. Following the completion of the transaction, the chief financial officer owned 11,610 shares of the company’s stock, valued at approximately $365,831.10. The trade was a 31.54% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 624,325 shares of company stock valued at $18,065,991 over the last quarter. Insiders own 46.56% of the company’s stock.

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of the stock. William Blair Investment Management LLC increased its holdings in shares of Revolve Group by 3.7% during the 3rd quarter. William Blair Investment Management LLC now owns 1,841,578 shares of the company’s stock valued at $39,226,000 after purchasing an additional 65,843 shares in the last quarter. Balyasny Asset Management L.P. boosted its stake in shares of Revolve Group by 18.4% during the 3rd quarter. Balyasny Asset Management L.P. now owns 1,196,171 shares of the company’s stock worth $25,478,000 after acquiring an additional 186,294 shares in the last quarter. Cooper Creek Partners Management LLC acquired a new stake in shares of Revolve Group during the 3rd quarter valued at about $22,164,000. Marshall Wace LLP raised its holdings in Revolve Group by 89.3% in the 3rd quarter. Marshall Wace LLP now owns 1,031,294 shares of the company’s stock worth $21,967,000 after purchasing an additional 486,616 shares during the period. Finally, Geode Capital Management LLC boosted its position in Revolve Group by 5.9% during the second quarter. Geode Capital Management LLC now owns 935,784 shares of the company’s stock worth $18,764,000 after purchasing an additional 52,049 shares in the last quarter. 67.60% of the stock is owned by institutional investors and hedge funds.

About Revolve Group

Revolve Group, Inc operates as a leading online fashion retailer primarily serving millennial and Gen Z consumers through its flagship e-commerce platform. The company offers a curated assortment of apparel, accessories and beauty products from more than 500 established and emerging brands, alongside private label labels covering contemporary and premium segments. With a focus on trend-driven merchandise and seamless user experience, the website features shoppable editorial content and digital styling advice aimed at strengthening customer engagement and brand loyalty.

Founded in 2003 and headquartered in Cerritos, California, Revolve has expanded its footprint beyond North America by launching localized sites and logistics centers in Europe and the Middle East.