Piper Sandler Issues Pessimistic Forecast for Revolve Group (NYSE:RVLV) Stock Price

Revolve Group (NYSE:RVLV) had its price objective dropped by research analysts at Piper Sandler from $30.00 to $27.00 in a research report issued to clients and investors on Wednesday,Benzinga reports. The brokerage presently has an “overweight” rating on the stock. Piper Sandler’s target price suggests a potential upside of 36.83% from the stock’s previous close.

RVLV has been the topic of a number of other research reports. Zacks Research lowered shares of Revolve Group from a “strong-buy” rating to a “hold” rating in a research report on Thursday, February 26th. Morgan Stanley set a $28.00 target price on shares of Revolve Group in a report on Wednesday, February 25th. UBS Group set a $27.00 price target on Revolve Group in a research report on Tuesday, January 13th. TD Cowen reaffirmed a “buy” rating on shares of Revolve Group in a research report on Wednesday, February 25th. Finally, Roth Mkm reaffirmed a “buy” rating and set a $33.00 price target (up from $30.00) on shares of Revolve Group in a report on Wednesday, February 25th. Eight investment analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the stock. According to data from MarketBeat, Revolve Group has an average rating of “Moderate Buy” and a consensus target price of $28.92.

Revolve Group Stock Down 15.8%

Shares of Revolve Group stock traded down $3.71 during trading on Wednesday, hitting $19.73. 868,951 shares of the company were exchanged, compared to its average volume of 1,033,040. Revolve Group has a fifty-two week low of $16.80 and a fifty-two week high of $31.68. The firm has a 50 day moving average price of $24.34 and a 200 day moving average price of $25.57. The stock has a market capitalization of $1.41 billion, a price-to-earnings ratio of 23.27, a P/E/G ratio of 2.35 and a beta of 1.76.

Revolve Group (NYSE:RVLV) last released its quarterly earnings results on Tuesday, May 5th. The company reported $0.20 earnings per share for the quarter, topping the consensus estimate of $0.18 by $0.02. Revolve Group had a return on equity of 12.12% and a net margin of 5.03%.The company had revenue of $342.88 million during the quarter, compared to the consensus estimate of $328.84 million. During the same quarter last year, the business posted $0.16 earnings per share. Revolve Group’s revenue was up 15.6% compared to the same quarter last year. Analysts predict that Revolve Group will post 0.87 earnings per share for the current year.

Insider Buying and Selling at Revolve Group

In other news, CEO Michael Mente sold 60,923 shares of the business’s stock in a transaction on Monday, April 27th. The stock was sold at an average price of $26.43, for a total transaction of $1,610,194.89. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CEO Michael Karanikolas sold 1,948 shares of the business’s stock in a transaction dated Thursday, February 12th. The stock was sold at an average price of $25.93, for a total value of $50,511.64. The SEC filing for this sale provides additional information. Insiders sold 152,806 shares of company stock worth $4,014,390 in the last ninety days. 42.67% of the stock is owned by corporate insiders.

Institutional Trading of Revolve Group

A number of hedge funds have recently bought and sold shares of the stock. Vanguard Group Inc. raised its stake in shares of Revolve Group by 9.2% in the 4th quarter. Vanguard Group Inc. now owns 4,299,273 shares of the company’s stock valued at $129,795,000 after buying an additional 360,598 shares in the last quarter. William Blair Investment Management LLC grew its position in Revolve Group by 16.6% during the 4th quarter. William Blair Investment Management LLC now owns 2,148,125 shares of the company’s stock worth $64,852,000 after acquiring an additional 306,547 shares during the last quarter. Fuller & Thaler Asset Management Inc. acquired a new stake in Revolve Group in the 4th quarter valued at about $59,421,000. Balyasny Asset Management L.P. increased its holdings in shares of Revolve Group by 55.7% in the fourth quarter. Balyasny Asset Management L.P. now owns 1,862,955 shares of the company’s stock valued at $56,243,000 after purchasing an additional 666,784 shares in the last quarter. Finally, Marshall Wace LLP increased its stake in shares of Revolve Group by 44.4% in the 4th quarter. Marshall Wace LLP now owns 1,489,581 shares of the company’s stock valued at $44,970,000 after buying an additional 458,287 shares during the period. 67.60% of the stock is owned by institutional investors.

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.