The RealReal, Inc.

REAL · NASDAQ

Low target$14.00
Average target$17.33
High target$20.00

Analyst ratings

buy · 6 ratings

DateFirmActionRatingPrice target
June 3, 2026BTIGReiteratesBuy$17.00
May 8, 2026UBSMaintainsNeutral$14.00
May 8, 2026BTIGMaintainsBuy$17.00
February 27, 2026BairdMaintainsNeutral$16.00
February 27, 2026BTIGReiteratesBuy$18.00
January 22, 2026KeybancMaintainsOverweight$20.00
January 8, 2026UBSMaintainsNeutral$16.00
December 30, 2025BTIGMaintainsBuy$18.00
December 16, 2025Wells FargoMaintainsOverweight$20.00
December 12, 2025B. Riley SecuritiesMaintainsBuy$17.00
November 11, 2025UBSMaintainsNeutral$14.00
November 11, 2025B. Riley SecuritiesReiteratesBuy$14.00
November 11, 2025BairdMaintainsNeutral$13.00
November 11, 2025BTIGMaintainsBuy$15.00
October 15, 2025UBSMaintainsNeutral$10.50
September 15, 2025B. Riley SecuritiesMaintainsBuy$12.00
September 10, 2025BTIGMaintainsBuy$11.00

Path to profitability and earnings trajectory

Bull case

Analysts estimate a meaningful earnings improvement of $0.21 per share this year and an additional $0.16 per share increase next year. The RealReal has also demonstrated the ability to beat consensus estimates significantly, as seen when it reported -$0.09 versus an expected -$0.21 per share — a 57.14% positive surprise.

Bear case

The RealReal continues to post negative earnings, missing consensus estimates in recent quarters with a -7.69% earnings surprise. Analysts project further per-share losses in the near term, and the company's stock score of 34/100 — well below the 50 threshold associated with market outperformance — signals deep uncertainty about sustainable profitability.

Stock valuation and price target divergence

Bull case

Wall Street's analyst consensus rates REAL a Buy, with an average 12-month price target of $17.25 — representing a potential upside of nearly 54% from its last close of $11.21. UBS, despite trimming its target to $14, maintained a Neutral rating, reflecting a floor of institutional confidence in the company's valuation.

Bear case

Quantitative models and technical scoring paint a starkly different picture, rating REAL a Sell with a score of 34/100. Short-term forecasts project the stock declining significantly from current levels, and the share price trading below its 200-day simple moving average of $12.06 reinforces concerns that the stock may be overvalued at current levels.

Technical momentum versus longer-term trend deterioration

Bull case

REAL's share price sits above its 5, 20, and 50-day exponential moving averages, with MACD and RSI indicators both generating Buy signals. The stock has risen 19.44% over the past two weeks, and key moving average crossovers suggest short- to medium-term momentum remains constructive for the stock.

Bear case

Despite recent short-term gains, REAL remains entrenched in a wide, falling long-term trend. The stock is overbought on RSI14 and sits near trend resistance, making a near-term correction highly probable. A 3-month price decline of nearly 10% is projected, with a 90% probability the stock lands between $4.07 and $6.01 by quarter's end.