Rent the Runway (RENT) Stock Forecast for 2023 – 2026. Sell or Buy Prediction

Rent the Runway (RENT) Stock Forecast for 2023 – 2026. Sell or Buy?

Updated: December 3, 2023 (10:15)

Sector: Technology

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

What analysts predict: $2.94
52-week High/Low: $4.82 / $0.431

50/200 Day Moving Average: $0.616 / $1.87

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 resistance 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., %
Dec 05 0.58 0.56 0.59 5.02
Dec 06 0.57 0.55 0.59 6.35
Dec 07 0.58 0.57 0.60 4.71
Dec 08 0.56 0.55 0.57 2.92
Dec 09 0.57 0.55 0.57 3.44
Dec 10 0.59 0.56 0.60 6.68
Dec 11 0.60 0.58 0.61 4.36
Dec 12 0.60 0.58 0.61 5.59
Dec 13 0.60 0.59 0.62 5.77
Dec 14 0.60 0.59 0.61 2.33
Dec 15 0.59 0.57 0.60 5.34
Dec 16 0.60 0.58 0.62 7.23
Dec 17 0.61 0.59 0.63 6.30
Dec 18 0.64 0.63 0.65 2.92
Dec 19 0.63 0.62 0.66 5.57
Dec 20 0.64 0.62 0.66 6.87
Dec 21 0.65 0.63 0.66 3.77
Dec 22 0.65 0.63 0.66 5.04
Dec 23 0.63 0.62 0.65 4.50
Dec 24 0.61 0.59 0.63 7.57
Dec 25 0.59 0.59 0.60 2.09
Dec 26 0.57 0.55 0.58 5.04
Dec 27 0.59 0.58 0.61 5.88
Dec 28 0.58 0.57 0.60 4.42
Dec 29 0.60 0.59 0.61 2.98
Dec 30 0.59 0.57 0.61 6.25
Dec 31 0.60 0.59 0.61 3.85
Jan 01 0.59 0.58 0.61 4.71
Jan 02 0.57 0.55 0.58 5.51
Jan 03 0.56 0.55 0.58 5.69

Rent the Runway Daily Price Targets


Rent the Runway Stock Forecast 12-05-2023.

Forecast target price for 12-05-2023: $0.58.
Negative dynamics for Rent the Runway shares will prevail with possible volatility of 4.779%.
Pessimistic target level: 0.56
Optimistic target level: 0.59

Rent the Runway Stock Forecast 12-06-2023.

Forecast target price for 12-06-2023: $0.57.
Negative dynamics for Rent the Runway shares will prevail with possible volatility of 5.972%.
Pessimistic target level: 0.55
Optimistic target level: 0.59

Rent the Runway Stock Forecast 12-07-2023.

Forecast target price for 12-07-2023: $0.58.
Positive dynamics for Rent the Runway shares will prevail with possible volatility of 4.503%.
Pessimistic target level: 0.57
Optimistic target level: 0.60

Rent the Runway Stock Forecast 12-08-2023.

Forecast target price for 12-08-2023: $0.56.
Negative dynamics for Rent the Runway shares will prevail with possible volatility of 2.837%.
Pessimistic target level: 0.55
Optimistic target level: 0.57

Rent the Runway Stock Forecast 12-09-2023.

Forecast target price for 12-09-2023: $0.57.
Positive dynamics for Rent the Runway shares will prevail with possible volatility of 3.322%.
Pessimistic target level: 0.55
Optimistic target level: 0.57

Rent the Runway Stock Forecast 12-10-2023.

Forecast target price for 12-10-2023: $0.59.
Positive dynamics for Rent the Runway shares will prevail with possible volatility of 6.258%.
Pessimistic target level: 0.56
Optimistic target level: 0.60

RENT (RENT) Monthly Stock Prediction for 2024

Month Target Pes. Opt. Vol., %
Jan. 0.59 0.54 0.65 16.08
Feb. 0.67 0.63 0.72 13.05
Mar. 0.70 0.62 0.78 20.49
Apr. 0.71 0.69 0.75 8.38
May. 0.65 0.61 0.71 14.06
Jun. 0.71 0.67 0.79 15.62
Jul. 0.73 0.70 0.79 11.81
Aug. 0.69 0.63 0.76 17.51
Sep. 0.66 0.58 0.73 20.84
Oct. 0.71 0.63 0.79 19.58
Nov. 0.71 0.67 0.77 13.21
Dec. 0.71 0.66 0.77 13.71

Rent the Runway forecast for this year


Rent the Runway Stock Prediction for Jan 2024

An uptrend is forecast for this month with an optimal target price of $0.594906. Pessimistic: $0.54. Optimistic: $0.65


Rent the Runway Stock Prediction for Feb 2024

An uptrend is forecast for this month with an optimal target price of $0.672542. Pessimistic: $0.63. Optimistic: $0.72


Rent the Runway Stock Prediction for Mar 2024

An uptrend is forecast for this month with an optimal target price of $0.702806. Pessimistic: $0.62. Optimistic: $0.78


Rent the Runway Stock Prediction for Apr 2024

An uptrend is forecast for this month with an optimal target price of $0.71124. Pessimistic: $0.69. Optimistic: $0.75


Rent the Runway Stock Prediction for May 2024

An downtrend is forecast for this month with an optimal target price of $0.652562. Pessimistic: $0.61. Optimistic: $0.71


Rent the Runway Stock Prediction for Jun 2024

An uptrend is forecast for this month with an optimal target price of $0.708357. Pessimistic: $0.67. Optimistic: $0.79


Rent the Runway Stock Prediction for Jul 2024

An uptrend is forecast for this month with an optimal target price of $0.731732. Pessimistic: $0.70. Optimistic: $0.79


Rent the Runway Stock Prediction for Aug 2024

An downtrend is forecast for this month with an optimal target price of $0.692219. Pessimistic: $0.63. Optimistic: $0.76


Rent the Runway Stock Prediction for Sep 2024

An downtrend is forecast for this month with an optimal target price of $0.656916. Pessimistic: $0.58. Optimistic: $0.73


Rent the Runway Stock Prediction for Oct 2024

An uptrend is forecast for this month with an optimal target price of $0.70914. Pessimistic: $0.63. Optimistic: $0.79


Rent the Runway Stock Prediction for Nov 2024

An downtrend is forecast for this month with an optimal target price of $0.70914. Pessimistic: $0.67. Optimistic: $0.77


Rent the Runway Stock Prediction for Dec 2024

An uptrend is forecast for this month with an optimal target price of $0.714459. Pessimistic: $0.66. Optimistic: $0.77



Rent the Runway (RENT) Monthly Stock Prediction for 2025

Month Target Pes. Opt. Vol., %
Jan 0.77 0.71 0.83 14.31
Feb 0.72 0.68 0.75 9.85
Mar 0.76 0.73 0.82 11.38
Apr 0.77 0.69 0.80 13.12
May 0.75 0.71 0.78 9.20
Jun 0.80 0.73 0.88 17.70
Jul 0.83 0.74 0.91 18.50
Aug 0.89 0.81 0.97 16.63
Sep 0.93 0.87 1.01 14.23
Oct 0.96 0.86 1.06 18.51
Nov 0.91 0.82 0.94 12.78
Dec 0.95 0.85 1.00 15.00

Rent the Runway (RENT) Monthly Stock Prediction for 2026

Month Target Pes. Opt. Vol., %
Jan 1.05 0.93 1.08 14.64
Feb 1.14 1.08 1.28 15.94
Mar 1.17 1.13 1.29 11.86
Apr 1.03 0.99 1.06 7.10
May 1.09 1.05 1.16 9.89
Jun 1.16 1.06 1.22 13.23
Jul 1.19 1.10 1.28 14.35
Aug 1.31 1.19 1.44 17.58
Sep 1.46 1.40 1.62 13.72
Oct 1.59 1.40 1.68 16.70
Nov 1.81 1.69 1.97 14.37
Dec 1.76 1.70 1.90 10.56

Rent the Runway (RENT) Monthly Stock Prediction for 2027

Month Target Pes. Opt. Vol., %
Jan 1.86 1.65 2.08 20.55
Feb 1.80 1.64 1.86 12.20
Mar 1.74 1.60 1.80 10.87
Apr 1.78 1.59 1.86 14.35
May 1.57 1.48 1.68 11.79
Jun 1.47 1.32 1.61 18.36
Jul 1.48 1.32 1.54 14.15
Aug 1.70 1.51 1.90 20.36
Sep 1.64 1.49 1.83 18.64
Oct 1.70 1.50 1.80 16.98
Nov 1.92 1.83 2.15 14.87
Dec 1.88 1.76 1.98 11.13

Rent the Runway (RENT) Monthly Stock Prediction for 2028

Month Target Pes. Opt. Vol., %
Jan 1.76 1.58 1.94 18.76
Feb 1.81 1.74 1.98 12.21
Mar 1.77 1.61 1.87 13.62
Apr 1.79 1.68 1.97 14.56
May 1.87 1.81 2.06 12.01
Jun 1.92 1.73 1.98 12.67
Jul 1.87 1.74 2.04 14.63
Aug 1.78 1.64 1.95 16.22
Sep 1.91 1.72 1.98 13.26
Oct 2.12 1.93 2.27 14.83
Nov 2.40 2.31 2.53 8.68
Dec 2.64 2.50 2.86 12.35

Rent the Runway information and performance

Rent the Runway Address

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

Market Capitalization: 40 653 200 $

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: -16 900 000 $

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: N/A

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: N/A

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

EPS: -1.81

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: -0.01
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: 0.82

Enterprise Value (EV) /Revenue

EV To EBITDA: 11.28

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

Shares Outstanding: 65859000

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.