The RealReal (REAL) has a consensus analyst price target implying 25.3% upside from current levels, according to Zacks. While the mean price target has not proven reliably predictive, analysts are in strong agreement on raising earnings estimates, which the report cites as a signal of further stock upside.
Analysts See 25.3% Upside for The RealReal, Zacks Reports
The mean of analysts’ price targets for The RealReal (REAL) points to a 25.3% upside in the stock, according to a Zacks report.
The consensus price target is a widely followed metric among investors. However, Zacks notes that this measure “has not proven reasonably effective” as a predictor of actual stock performance.
Earnings Estimate Revisions Cited as Signal
Beyond the price target, the report points to analyst behavior on earnings estimates. According to Zacks, strong agreement among analysts in raising earnings estimates does indicate an upside in the stock.
Key points from the report
- Consensus price target: Implies 25.3% upside for REAL.
- Caveat: The mean price target has not proven reasonably effective as a predictive metric.
- Supporting signal: Strong agreement among analysts raising earnings estimates, which Zacks cites as an indication of stock upside.
The report was published on zacks.com under the category “general” and covers the single ticker REAL.