Rent the Runway (RENT) Stock Forecast for 2024–2028. Sell or Buy Prediction







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Rent the Runway (RENT) Stock Forecast for 2024–2028. Sell or Buy?

Updated: July 19, 2024 (14:18)

Sector: Technology

The share price of Rent the Runway, Inc. (RENT) now

Latest session on the 18th of July for
Rent the Runway, Inc. is negative
Trading Volume: 45222
Open: 18.05 /  High: 18.387 /  Low: 16.683
What analysts predict: $37
52-week High/Low: $41.81 / $4.46

50/200 Day Moving Average: $21.59 / $13.6

This figure corresponds to the Average Price over the previous 50/200 days. For Rent the Runway stocks, the 50-day moving average is the resistance level today.

For Rent the Runway stocks, the 200-day moving average is the support level today.

Are you interested in Rent the Runway, Inc. stocks and want to buy them, or are they already in your portfolio? If yes, then on this page you will find useful information about the dynamics of the Rent the Runway stock price in 2024, 2025, 2026, 2027, 2028. How much will one Rent the Runway share be worth in 2024 - 2028?

When should I take profit in Rent the Runway stock? When should I record a loss on Rent the Runway stock? What are analysts' forecasts for Rent the Runway stock? What is the future of Rent the Runway stock? We forecast Rent the Runway stock performance using neural networks based on historical data on Rent the Runway stocks. Also, when forecasting, technical analysis tools are used, world geopolitical and news factors are taken into account.

Rent the Runway stock prediction results are shown below and presented in the form of graphs, tables and text information, divided into time intervals. (Next month, 2024, 2025, 2026, 2027 and 2028) The final quotes of the instrument at the close of the previous trading day are a signal to adjust the forecasts for Rent the Runway shares. This happens once a day.


Historical and forecast chart of Rent the Runway stock

The chart below shows the historical price of Rent the Runway stock and a prediction chart for the next month. For convenience, prices are divided by color. Forecast prices include: Optimistic Forecast, Pessimistic Forecast, and Weighted Average Best Forecast. Detailed values for the Rent the Runway stock price can be found in the table below.

Long-term forecasts by years.

Rent the Runway – Rents out designer clothing and accessories to women on a monthly basis.
Clothing rental service Rent the Runway raised $ 357 million in a share placement. The company’s capitalization amounted to $ 1.3 billion, Bloomberg reports.
The company entered the NASDAQ Global Select Market under the ticker RENT. The volume of the IPO amounted to 17 million shares, the placement took place at the upper end of the range, $ 21 per share.
For half a year, Rent the Runway’s net loss amounted to $ 85 million, revenue – $ 80 million. The IPO is being led by Goldman Sachs Group, Morgan Stanley and Barclays.

Rent the Runway daily forecast for a month

Date Target Pes. Opt. Vol., %
Jul 21 17.32 17.11 17.62 3.00
Jul 22 17.25 17.03 17.45 2.47
Jul 23 17.30 16.98 17.60 3.63
Jul 24 16.61 16.34 17.01 4.15
Jul 25 16.40 16.16 16.54 2.35
Jul 26 16.93 16.66 17.42 4.55
Jul 27 17.13 16.75 17.34 3.48
Jul 28 17.15 16.71 17.45 4.47
Jul 29 17.22 17.01 17.48 2.75
Jul 30 17.39 17.09 17.89 4.68
Jul 31 17.24 16.77 17.46 4.11
Aug 01 17.35 16.86 17.71 5.02
Aug 02 17.90 17.38 18.29 5.19
Aug 03 18.29 17.92 18.70 4.37
Aug 04 18.44 18.14 18.67 2.93
Aug 05 18.52 18.36 18.84 2.62
Aug 06 18.97 18.37 19.44 5.82
Aug 07 19.28 18.87 19.48 3.23
Aug 08 19.38 19.09 19.70 3.21
Aug 09 19.05 18.70 19.51 4.32
Aug 10 18.81 18.46 19.26 4.32
Aug 11 18.64 18.12 19.07 5.23
Aug 12 19.26 18.91 19.65 3.95
Aug 13 19.16 18.85 19.60 4.03
Aug 14 19.11 18.88 19.67 4.17
Aug 15 19.50 19.16 19.69 2.77
Aug 16 19.85 19.45 20.04 3.02
Aug 17 19.81 19.35 20.02 3.44
Aug 18 19.62 19.05 19.91 4.49
Aug 19 19.85 19.26 20.37 5.73

Rent the Runway Daily Price Targets


Rent the Runway Stock Forecast 07-21-2024.

Forecast target price for 07-21-2024: $17.32.
Positive dynamics for Rent the Runway shares will prevail with possible volatility of 2.909%.
Pessimistic target level: 17.11
Optimistic target level: 17.62

Rent the Runway Stock Forecast 07-22-2024.

Forecast target price for 07-22-2024: $17.25.
Negative dynamics for Rent the Runway shares will prevail with possible volatility of 2.412%.
Pessimistic target level: 17.03
Optimistic target level: 17.45

Rent the Runway Stock Forecast 07-23-2024.

Forecast target price for 07-23-2024: $17.30.
Positive dynamics for Rent the Runway shares will prevail with possible volatility of 3.500%.
Pessimistic target level: 16.98
Optimistic target level: 17.60

Rent the Runway Stock Forecast 07-24-2024.

Forecast target price for 07-24-2024: $16.61.
Negative dynamics for Rent the Runway shares will prevail with possible volatility of 3.983%.
Pessimistic target level: 16.34
Optimistic target level: 17.01

Rent the Runway Stock Forecast 07-25-2024.

Forecast target price for 07-25-2024: $16.40.
Negative dynamics for Rent the Runway shares will prevail with possible volatility of 2.300%.
Pessimistic target level: 16.16
Optimistic target level: 16.54

Rent the Runway Stock Forecast 07-26-2024.

Forecast target price for 07-26-2024: $16.93.
Positive dynamics for Rent the Runway shares will prevail with possible volatility of 4.355%.
Pessimistic target level: 16.66
Optimistic target level: 17.42

RENT (RENT) Monthly Stock Prediction for 2024

Month Target Pes. Opt. Vol., %
Aug. 17.26 15.71 18.17 13.54
Sep. 17.08 16.16 18.13 10.88
Oct. 16.28 14.38 17.73 18.88
Nov. 16.87 15.88 17.65 10.03
Dec. 16.90 15.70 17.45 10.02

Rent the Runway forecast for this year


Rent the Runway Stock Prediction for Aug 2024

An uptrend is forecast for this month with an optimal target price of $17.2595. Pessimistic: $15.71. Optimistic: $18.17


Rent the Runway Stock Prediction for Sep 2024

An downtrend is forecast for this month with an optimal target price of $17.0783. Pessimistic: $16.16. Optimistic: $18.13


Rent the Runway Stock Prediction for Oct 2024

An downtrend is forecast for this month with an optimal target price of $16.2842. Pessimistic: $14.38. Optimistic: $17.73


Rent the Runway Stock Prediction for Nov 2024

An uptrend is forecast for this month with an optimal target price of $16.8704. Pessimistic: $15.88. Optimistic: $17.65


Rent the Runway Stock Prediction for Dec 2024

An uptrend is forecast for this month with an optimal target price of $16.8957. Pessimistic: $15.70. Optimistic: $17.45



Rent the Runway (RENT) Monthly Stock Prediction for 2025

Month Target Pes. Opt. Vol., %
Jan 17.30 15.67 19.30 18.83
Feb 19.59 18.17 21.35 14.86
Mar 19.23 17.30 20.99 17.59
Apr 19.55 17.47 20.96 16.65
May 20.25 18.34 22.32 17.83
Jun 19.43 18.82 20.98 10.28
Jul 20.89 18.98 21.71 12.56
Aug 20.36 18.28 21.70 15.76
Sep 18.98 17.10 20.95 18.35
Oct 19.64 18.25 21.82 16.34
Nov 19.64 17.81 21.02 15.27
Dec 20.29 18.61 21.63 13.93

Rent the Runway (RENT) Monthly Stock Prediction for 2026

Month Target Pes. Opt. Vol., %
Jan 21.47 20.77 23.60 12.01
Feb 21.83 20.45 23.96 14.62
Mar 20.13 19.13 21.54 11.21
Apr 18.77 17.81 19.61 9.19
May 19.30 17.74 21.56 17.73
Jun 19.79 18.01 21.22 15.11
Jul 21.07 19.27 22.49 14.33
Aug 21.83 20.49 22.98 10.83
Sep 23.24 20.48 24.74 17.19
Oct 26.48 24.10 27.71 13.04
Nov 26.92 25.18 27.80 9.44
Dec 26.55 23.57 27.79 15.19

Rent the Runway (RENT) Monthly Stock Prediction for 2027

Month Target Pes. Opt. Vol., %
Jan 24.72 22.05 27.54 19.93
Feb 25.17 23.05 27.58 16.42
Mar 24.18 22.73 25.53 10.94
Apr 25.82 22.83 28.33 19.41
May 24.03 23.13 25.01 7.50
Jun 26.70 23.94 27.74 13.71
Jul 30.71 27.35 32.18 15.03
Aug 32.32 30.33 34.45 11.96
Sep 32.03 29.19 34.00 14.13
Oct 36.21 34.63 40.50 14.48
Nov 38.93 34.60 41.14 15.89
Dec 34.14 30.19 36.60 17.49

Rent the Runway (RENT) Monthly Stock Prediction for 2028

Month Target Pes. Opt. Vol., %
Jan 33.63 31.05 37.56 17.32
Feb 31.71 30.38 35.13 13.54
Mar 32.66 29.57 34.57 14.45
Apr 35.55 32.56 37.58 13.34
May 38.48 37.27 42.24 11.75
Jun 38.48 37.04 39.81 6.96
Jul 38.71 36.22 43.30 16.36
Aug 40.57 35.70 42.03 15.06
Sep 44.59 39.64 45.99 13.81
Oct 44.92 41.62 49.91 16.61
Nov 39.94 36.40 44.49 18.18
Dec 42.21 39.74 45.25 12.17

Rent the Runway information and performance

Rent the Runway Address

10 JAY ST, SUITE 900, BROOKLYN, NY, US

Market Capitalization: 68 555 000 $

Market capitalization of the Rent the Runway, Inc. is the total market value of all issued shares of a company. It is calculated by the formula multiplying the number of RENT shares in the company outstanding by the market price of one share.

EBITDA: -7 200 000 $

EBITDA of Rent the Runway is earnings before interest, income tax and depreciation of assets.

PE Ratio: None

P/E ratio (price to earnings) - shows the ratio between the price of a share and the company's profit

PEG Ratio: None

Price/earnings to growth

DPS: None

Dividend Per Share is a financial indicator equal to the ratio of the company's net profit available for distribution to the annual average of ordinary shares.

DY: None

Dividend yield is a ratio that shows how much a company pays in dividends each year at the stock price.

EPS: -30.01

EPS shows how much of the net profit is accounted for by the common share.

Quarterly Earnings Growth YOY: N/A
Quarterly Revenue Growth YOY: 0.011
Trailing PE: -

Trailing P/E depends on what has already been done. It uses the current share price and divides it by the total earnings per share for the last 12 months.

Forward PE: -

Forward P/E uses projections of future earnings instead of final numbers.

EV To Revenue: 1.048

Enterprise Value (EV) /Revenue

EV To EBITDA: 10.76

The EV / EBITDA ratio shows the ratio of the cost (EV) to its profit before tax, interest and amortization (EBITDA).

Shares Outstanding: 3566400

Number of issued ordinary shares

Shares Float: N/A

Number of freely tradable shares

Shares Short Prior Month: N/A

Shares Short Prior Month - the number of shares in short positions in the last month.

Short Ratio: N/A
Percent Insiders: N/A
Percent Institutions: N/A



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Disclaimer:

All forecast data on the site are provided for informational purposes of using neural forecasting tools in the financial market and are not a call to action and, moreover, are not trading signals. When using the forecast data, the investor assumes all financial risks. The pandaforecast.com portal is not responsible for the loss of your money in the stock market as a result of using the information contained on the site.