---
title: "These Analysts Increase Their Forecasts On RH Following Better-Than-Expected Q1 Earnings"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/289623687.md"
description: "RH reported Q1 earnings beating estimates and raised FY2026 sales guidance, yet shares fell 5.8%. Despite the drop, analysts Baird, Wells Fargo, and Stifel maintained their ratings (Neutral, Overweight, Hold) while raising price targets to $150, $175, and $130 respectively."
datetime: "2026-06-12T16:38:11.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/289623687.md)
  - [en](https://longbridge.com/en/news/289623687.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/289623687.md)
---

# These Analysts Increase Their Forecasts On RH Following Better-Than-Expected Q1 Earnings

**RH** (NYSE:RH) reported better-than-expected first-quarter financial results and raised its FY2026 sales guidance on Thursday.

RH reported quarterly losses of $1.97 per share, which beat the analyst consensus estimate of losses of $2.11 per share. The company reported quarterly sales of $800.328 million, which beat the analyst consensus estimate of $792.780 million.

RH raised its FY2026 sales guidance from $3.577 billion-$3.715 billion to $3.594 billion-$3.715 billion.

RH shares fell 5.8% to trade at $149.95 on Friday.

These analysts made changes to their price targets on RH following earnings announcement.

-   Baird analyst Peter Benedict maintained RH with a Neutral and raised the price target from $125 to $150.
-   Wells Fargo analyst Zachary Fadem maintained the stock with an Overweight rating and raised the price target from $160 to $175.
-   Stifel analyst W. Andrew Carter maintained RH with a Hold and raised the price target from $110 to $130.

**Considering buying RH stock? Here’s what analysts think:**

_Photo via Shutterstock_

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