Streetbeat News

REAL

The RealReal, Inc.

https://www.therealreal.com

Industry

Luxury Goods

The RealReal, Inc. operates an online marketplace for consigned luxury goods in the United State. It offers various product categories, including women's, men's, kids', jewelry and watches, and home and art products. The company was incorporated in 2011 and is headquartered in San Francisco, California.

Open

4.00

Mkt cap

438M

Volume

1.8M

High

4.04

P/E Ratio

-4.93

52-wk high

4.64

Low

3.84

Div yield

N/A

52-wk low

1.52

Baird analyst Mark Altschwager maintains a Neutral rating on RealReal (NASDAQ:REAL) and lowers the price target from $4 to $3.5.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2024 | 3:32 pm

Wedbush analyst Tom Nikic maintains an Outperform rating on RealReal (NASDAQ:REAL) but lowers the price target from $4.5 to $4.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2024 | 2:26 pm

Airbnb, Inc. (ABNB) reported weak earnings, causing its shares to dip 15.8% in pre-market trading. Other companies like Cryoport, Inc. (CYRX), Tripadvisor, Inc. (TRIP), and Lyft, Inc. (LYFT) also saw significant declines due to disappointing quarterly results.

Portfolio Pulse from Avi Kapoor

August 07, 2024 | 12:56 pm

RealReal shares are trading lower after the company reported Q2 financial results and issued Q3 revenue guidance below estimates.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2024 | 12:07 pm

The RealReal has updated its Q3 and FY24 revenue guidance. Q3 revenue is expected to be between $135M-$142M, below the $144.15M estimate. FY24 revenue is projected to be $580M-$595M, close to the $588.97M estimate. Adjusted EBITDA for Q3 is forecasted between $(2)M and $1M, and for FY24 between $0M and $6M.

Portfolio Pulse from Benzinga Newsdesk

August 06, 2024 | 9:56 pm

RealReal (NASDAQ:REAL) reported Q2 2024 adjusted EPS of $(0.13), beating the $(0.14) estimate. Sales were $144.934M, surpassing the $139.749M estimate and showing a 10.76% increase from last year's $130.855M.

Portfolio Pulse from Benzinga Newsdesk

August 06, 2024 | 9:49 pm

RealReal shares are trading lower following the company's Q2 financial results.

Portfolio Pulse from Benzinga Newsdesk

August 06, 2024 | 9:09 pm

Shares of companies within the consumer discretionary sector are trading lower due to overall market weakness and concerns about a US economic slowdown, which could impact consumer spending.

Portfolio Pulse from Benzinga Newsdesk

August 05, 2024 | 3:21 pm

ATRenew Inc. (NYSE:RERE) reported strong Q1 revenue growth and predicted similar gains for Q2, driven by China's national recycling campaign and strong ties with JD.com (NASDAQ:JD). Despite a 4.2% drop in stock price on the announcement day, ATRenew's stock has more than doubled since early February. The company benefits from JD.com's recycling initiatives and partnerships with Apple (NASDAQ:AAPL).

Portfolio Pulse from The Bamboo Works

May 29, 2024 | 1:42 pm

ATRenew Inc. (NYSE:RERE) reported strong Q1 revenue growth, driven by China's national recycling campaign and strong ties with JD.com (NASDAQ:JD). Despite a 4.2% stock drop on the announcement day, ATRenew's stock has more than doubled since early February. The company benefits from JD.com's recycling initiatives and has seen increased consumer trade-ins. ATRenew's partnerships with JD.com and Apple (NASDAQ:AAPL) have bolstered its performance, with significant gains in its refurbishment business.

Portfolio Pulse from The Bamboo Works

May 24, 2024 | 3:28 pm

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