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REAL

The RealReal, Inc.

REAL

NASDAQ·Consumer Cyclical·Luxury Goods·Mkt cap $3.5B

$11.58

-5.10%

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Our plain-language verdict, the thesis, risk factors, and what is changing about the business.

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52-Week Range

$5.00 - $17.39

P/E

-18.98

Fwd P/E

191.46

Beta

2.71

Div Yield

0.00%

Avg Vol

3.6M

Shares Out

289.7M

Mkt Cap

$3.5B

Price action

Price chart

Up 132.8% over the trailing year

1W
1M
3M
6M
YTD
1Y
5Y
MAX

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

Hot

+33.8% over 3m

Quality

Excellent

Strong fundamentals

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: May 6, 2026

Q2 26 RECAP

MAY 7, 2026

Reported EPS of -$0.01 vs -$0.01 consensus (0.0% surprise). Revenue of $189.7M vs $187.8M expected (+1.0%). Beat on both top and bottom lines.

EPS beat 0.0%
Rev beat +1.0%
Double beat

EPS surprise · last 4Q

1 of 1 beats

Q2 26

0.0%

Next: May 6, 2026

Revenue trend · last 8Q

+14%

+11%

+14%

+17%

+18%

+19%

Q2 24

Q3 24

Q4 24

Q1 25

Q2 25

Q3 25

Q4 25

Q1 26

$144.9M

$147.8M

$164.0M

$160.0M

$165.2M

$173.6M

$194.1M

$189.7M

Margins · last 8Q

Gross

Operating

Profit

20.5%

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

$15.50

+33.9% vs $11.58

Low $13.00
Median $15.50
High $17.00

Latest: BTIG · Jun 3, 2026

4 analysts covering

vs Industry

How REAL stacks vs Luxury Goods

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

Industry comparison data unavailable for this stock.