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REAL

The RealReal, Inc.

REAL

NASDAQ·Consumer Cyclical·Luxury Goods·Mkt cap $1.2B

$9.86

-1.99%

P/E

-13.89

Mkt Cap

$1.2B

52-Wk Range

$8.02–$17.39

52-Week Range

$8.02 - $17.39

P/E

-13.89

Fwd P/E

99.78

Beta

2.71

Div Yield

0.00%

Avg Vol

3.4M

Shares Out

289.7M

Mkt Cap

$1.2B

Price action

Price chart

Up 19.8% over the trailing year

Total returns

Price performance

Total return across standard periods - splits & dividends adjusted by FMP. Periods longer than 1Y show annualized in the tooltip.

Why we rate it this way

The thesis at a glance

Bull and bear case · plain-English context across the five lenses we evaluate.

Bull Case

5 reasons

  • Expert authentication and curation process ensuring product quality and buyer confidence
  • Established brand reputation in luxury consignment with strong customer loyalty
  • Proprietary technology platform optimizing inventory management and user experience
  • Network effects from large seller and buyer base creating liquidity advantages
  • Vertical integration of logistics and fulfillment reducing operational friction

Bear Case

2 risks

  • High volatility (beta 2.7). Larger-than-normal price swings expected.
  • Extreme premium - high expectations embedded

Growth

Turning profitable

Expansion of luxury resale market driven by sustainability trends and circular economy adoption

Value

Extreme premium - high expectations embedded

Momentum

Strong

+11.2% over 3m

Quality

Excellent

Solid business

Dividend

None

No dividend

Earnings track record

Latest print - beat on both lines

AI-summarized recap of last quarter, plus the surprise on every print.

Next: Nov 9, 2026

Q3 26 RECAP

AUG 6, 2026

Reported EPS of -$0.01 vs -$0.02 consensus (+43.2% surprise). Revenue of $192.6M vs $188.1M expected (+2.4%). Beat on both top and bottom lines.

EPS beat +43.2%
Rev beat +2.4%
Double beat

EPS surprise · last 4Q

1 of 1 beats

Estimate

Actual

Q3 26

+43.2%

Revenue trend · last 8Q

+14%

+11%

+14%

+17%

+18%

+19%

+17%

Q3 24

Q4 24

Q1 25

Q2 25

Q3 25

Q4 25

Q1 26

Q2 26

$147.8M

$164.0M

$160.0M

$165.2M

$173.6M

$194.1M

$189.7M

$192.6M

Margins · last 8Q

Gross

74.4%

Operating

-1.2%

Profit

-14.1%

Wall Street consensus

3 analysts · 67% Buy

Live ratings and price targets aggregated across covering analysts.

Buy

2

67%

Hold

1

33%

Sell

0%

Median Price Target

Latest: Roth Capital · Aug 7, 2026

vs Industry

How REAL stacks vs Luxury Goods

Stock metrics vs industry averages. Green = better than industry.

Industry comparison data unavailable for this stock.