Bull
$6.75
Scenario price
$9.100
-0.659 (-7.24%)At close
The RealReal, Inc. provides an online marketplace for authenticated, resale luxury goods. The Company provides a platform for consumers to buy and sell their luxury items. The Company offers products across multiple categories, including women's and men's fashion, fine jewelry and watches. The luxury designers on its online marketplace include Cartier, Chanel, Christian Dior, Gucci, Hermes, Louis Vuitton, Prada, Rolex, Yves Saint Laurent, Tiffany & Co. and Van Cleef & Arpels. It operates neighborhood retail stores, which are typically 1,800 to 3,500 square feet, with items for sale reflecting a selection of the Company's online assortment. In addition, it operates several larger-footprint flagship stores in Los Angeles, California and New York, New York.
RealReal Inc is a good buy right now due to its recent positive earnings report showing a 17% year-over-year revenue growth to $193 million and an upgrade in full-year revenue guidance to between $788 million and $797 million, which is above analyst expectations. However, the company reported a widening net loss of $27 million in Q2, representing 14.1% of total revenue, which is a risk to consider.
Scenario prices are the last monthly forecast band of the current year. Probabilities are fixed model weights (25 / 50 / 25), not guarantees.

The RealReal Announces Q3 Financial Results Release Date

The RealReal Secures $175 Million Credit Agreement to Strengthen Balance Sheet

RealReal Stock Surges After Debt Restructuring Announcement

Tech Stocks Decline While Consumer Staples Rise

The RealReal Opens First Store in Boston Area, Expanding Luxury Resale Market
The RealReal, Inc. provides an online marketplace for authenticated, resale luxury goods. The Company provides a platform for consumers to buy and sell their luxury items. The Company offers products across multiple categories, including women's and men's fashion, fine jewelry and watches. The luxury designers on its online marketplace include Cartier, Chanel, Christian Dior, Gucci, Hermes, Louis Vuitton, Prada, Rolex, Yves Saint Laurent, Tiffany & Co. and Van Cleef & Arpels. It operates neighborhood retail stores, which are typically 1,800 to 3,500 square feet, with items for sale reflecting a selection of the Company's online assortment. In addition, it operates several larger-footprint flagship stores in Los Angeles, California and New York, New York. It operates in the Consumer Cyclicals sector (RETAIL-MISCELLANEOUS RETAIL industry).
RealReal Inc is a good buy right now due to its recent positive earnings report showing a 17% year-over-year revenue growth to $193 million and an upgrade in full-year revenue guidance to between $788 million and $797 million, which is above analyst expectations. However, the company reported a widening net loss of $27 million in Q2, representing 14.1% of total revenue, which is a risk to consider.
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