Therealreal Inc (REAL) stock price forecast predicts $13.31 value

Therealreal Inc [REAL] stock prices are up 15.94% to $3.20 at the moment. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The REAL shares have gain 102.53% over the last week, with a monthly amount glided 73.91%, and seem to be holding up well over a long-time horizon.

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On 4, March 2024, The RealReal Announces Inducement Grants under Nasdaq Listing Rule 5635(c)(4). In a post published today on Yahoo Finance, The RealReal, Inc. (NASDAQ: REAL) – the world’s largest online marketplace for authenticated, resale luxury goods – today announced that it granted equity awards on March 4, 2024 as a material inducement to the employment of the company’s newly-hired Chief People Officer, Chatelle Lynch, and Chief Marketing Officer, Sri Batchu.

From an analyst’s perspective:

Therealreal Inc [NASDAQ: REAL] stock has seen the most recent analyst activity on January 04, 2024, when Robert W. Baird downgraded its rating to a Neutral and also revised its price target to $2.75 from $3.25. Previously, BofA Securities upgraded its rating to Buy on June 29, 2023, and elevated its price target to $1.85. On January 06, 2023, downgrade downgraded it’s rating to Equal Weight and revised its price target to $2 on the stock. Raymond James downgraded its rating to a Mkt Perform. Cowen downgraded its rating to a Market Perform and reduced its price target to $3 on August 12, 2022. BofA Securities downgraded its rating to Underperform for this stock on August 10, 2022, and downed its price target to $2.75.

The stock price of Therealreal Inc [REAL] has been fluctuating between $1.00 and $2.94 over the past year. Currently, Wall Street analysts expect the stock to reach $13.31 within the next 12 months. Therealreal Inc [NASDAQ: REAL] shares were valued at $3.20 at the most recent close of the market. An investor can expect a potential return of 315.94% based on the average REAL price forecast.

Analyzing the REAL fundamentals

The Therealreal Inc [NASDAQ:REAL] reported sales of 549.30M for trailing twelve months, representing a drop of -10.20%. Gross Profit Margin for this corporation currently stands at 0.69% with Operating Profit Margin at -0.3%, Pretax Profit Margin comes in at -0.31%, and Net Profit Margin reading is -0.31%. To continue investigating profitability, this company’s Return on Assets is posted at -0.38, Equity is 0.61 and Total Capital is -0.64. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of-1.9.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 2.88 points at the first support level, and at 2.56 for the second support level. However, for the 1st resistance point, the stock is sitting at 3.38, and for the 2nd resistance point, it is at 3.56.

Therealreal Inc [REAL] reported earnings per share of -$0.07 for its fiscal quarter that ended on 12/30/2023. Based on the Wall Street analysts’ estimates, the company was expected to report earnings of -$0.11/share, meaning a difference of $0.04 and a surprise factor of 36.40%. By comparison, the stated earnings for the previous quarter ended on 9/29/2023 were -$0.15 per share as compared to estimates of -$0.26 per share, a difference of $0.11 representing a surprise of 42.30%.

Ratios To Look Out For

It’s worth pointing out that Therealreal Inc [NASDAQ:REAL]’s Current Ratio is 1.25. In addition, the Quick Ratio stands at 1.13 and the Cash Ratio stands at 0.93. Considering the valuation of this stock, the price to sales ratio is 0.60.

Transactions by insiders

Recent insider trading involved Koryl John E, Chief Executive Officer, that happened on Aug 25 when 43251.0 shares were purchased. President, Sahi Levesque Rati completed a deal on Aug 17 to sell 44844.0 shares. Meanwhile, President Sahi Levesque Rati sold 43162.0 shares on Aug 16.

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