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RHRHSell4.1·$146.91-0.82%
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RH (RH) Stock Analysis

Range Bound setup

SellModerate Confidence

Consumer Cyclical · Specialty Retail

Sell if holding. Engine safety override at $146.91: a dimension score below its floor triggers a hard block regardless of the otherwise-positive setup — overall score 4.1/10. Specifically: High short interest: 61%; Below-average business quality; Negative price momentum.

RH is a luxury home furnishings retailer with 89 retail locations including Design Galleries in the U.S., Canada, and Europe. Revenue is driven by members who accounted for approximately 97% of sales in fiscal 2025 among ~262,000 members; sourcing is heavily concentrated in Asia.

$146.91+1.2% A.UpsideScore 4.1/10#18 of 18 Specialty Retail
QualityF-score5 / 9FCF yield10.20%
Stop $136.63Target $148.61(analyst − 10%)A.R:R 0.1:1
Analyst target$165.12+12.4%17 analysts
$148.61our TP
$146.91price
$165.12mean
$86
$275

Sell if holding. Engine safety override at $146.91: a dimension score below its floor triggers a hard block regardless of the otherwise-positive setup — overall score 4.1/10. Specifically: High short interest: 61%; Below-average business quality; Negative price momentum. Chart setup: RSI 53 mid-range, Bollinger mid-band. Score 4.1/10, moderate confidence.

Passes 5/8 gates (clean insider activity, no SEC red flags, earnings proximity 86d clear, semi cycle peak clear, materials cycle peak clear). Fails on weak momentum and favorable risk/reward ratio and death cross (50MA < 200MA). Suitability: aggressive.

10-K grounded · weekly refresh

About RH

About RH

RH operated 89 retail locations at the end of fiscal year 2025, including 75 RH-branded galleries spanning North America and six European markets — Paris, Munich, Düsseldorf, Brussels, Madrid, and the UK — plus 44 outlet stores. The RH Members Program drove approximately 97% of core RH business sales during fiscal 2025, with roughly 262,000 fee-paying members at year-end. Total selling square footage reached 1,690,000 square feet, up from 1,527,000 a year earlier.

RH generates revenue through company-operated galleries, websites, Sourcebooks, and channels including Trade (residential interior designers) and Contract (hospitality and commercial projects). The RH Members Program charges an annual fee in exchange for everyday product discounts and complimentary design services, with membership purchases excluded from Outlets, Trade, Contract, and Hospitality channels. Product development relies on a global network of artisan vendors sourced largely on an order-by-order basis with no long-term contracts; 69% of fiscal 2025 purchase volume came from Asia — including 39% from Vietnam, 13% from China, and the remainder predominantly from Indonesia and India — with 21% from North America. The home furnishings sector is highly competitive, with national and regional retailers, mail-order catalogs, and online-centric business models among the rivals.

Show full overview

RH targets high-end consumers whose purchasing behavior is disproportionately subject to stock market volatility, second-home transaction volumes, foreign-buyer activity in U.S. real estate markets, and changes to income tax deductions for mortgage interest and state and property taxes. The 10-K notes that demand for home furnishings declined after the pandemic as consumer spending shifted to travel and leisure, and that high mortgage rates and housing price levels may continue to weigh on results. The company plans to launch RH Estates in spring 2026, featuring RH Bespoke furniture and RH Couture upholstery, as its next product elevation step.

See also: Consumer Cyclical · Specialty Retail

From RH's most recent 10-K filing, extracted June 11, 2026.

news + 30-day 8-K events · 5-min refresh

Recent developments

updated 2026-06-17
TrendMatrix Research · upcoming catalyst calendar

Upcoming dated catalysts

Thu, Sep 10, 202686d to earnings· next earnings call

Thesis

Rewards
No bull case signals
Risks
Concentration risk — Geographic: Asia (69.0%)
Target reached (1.2% upside)
Risk below floor (2.5 < 3.0)

Key Metrics

P/E (TTM)28.6
P/E (Fwd)16.2
Mkt Cap$2.8B
EV/EBITDA13.8
Profit Mgn3.0%
ROE
Rev Growth-1.7%
Beta1.90
DividendNone
Rating analysts28

Quality Signals

Piotroski F5/9

Options Flow

P/C0.70bullish
IV73%elevated
Max Pain$60-59.2% vs spot

Concentration Risks(10-K Item 1A)

  • HIGHGeographicAsia69%
    10-K Item 1A: '69% of our products were sourced from Asia, including 39% from Vietnam, 13% from China and the remainder predominantly from Indonesia and India'
  • MEDIUMGeographicVietnam39%
    10-K Item 1A: '69% of our products were sourced from Asia, including 39% from Vietnam, 13% from China'

Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results.

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About TrendMatrix. TrendMatrix is a publisher of general securities research and market commentary. We publish on a regular schedule. All content is the same for every subscriber in a tier — we do not provide personalized investment advice and we do not take into account any individual subscriber's financial situation, investment objectives, risk tolerance, tax situation, or holdings.

Not investment advice. TrendMatrix is not a registered investment adviser. Our content is for informational and educational purposes only. Consult your own licensed investment adviser, broker, or tax professional before making any investment decision.

Conflicts and positions. The TrendMatrix editorial team frequently holds personal long-term positions in securities discussed. We disclose positions held at the time of publication on each piece. We maintain a trading-window policy: we do not initiate or close positions in the same direction as a TrendMatrix publication within 24 hours before or 72 hours after publication.

No paid promotion. TrendMatrix does not accept payment from any issuer, broker, or third party in exchange for coverage of any security. Our sole compensation is subscription revenue.

No fiduciary duty. No fiduciary, advisory, or agency relationship is created between you and TrendMatrix by reading our content or subscribing to our service.

Performance. Past performance is not indicative of future results. Performance figures reflect the published model only and do not reflect any individual subscriber's actual results.

Methodology · Editorial policy & full disclaimer

Rating Breakdown

6 floor-breakers

Revenue shrinking — -1.7% YoY. Growth thesis broken unless recovery story develops.static

Revenue Growth
2.1
Declining revenue: -2%
Low model confidence on this dimension (33%).

Volatile — 6.6% daily ATR makes tight stops impractical. Position-size conservatively.static

Short Interest
0.0
Volatility
0.0
Debt Equity
0.0
Implied Vol
1.2
Max Pain Risk
3.0
Days To Cover
3.7
Beta
3.7
Put Call
8.7
High short interest: 61%High IV: 73%Above max pain $60Concentration risks: 1 HIGH, 1 MED (10-K Item 1A — sized via position_sizing, validated via buy_confidence)

Momentum below the gate floor. Component breakdown shows what dragged the score down.static

Macd
0.0
Obv
1.0
Volume
2.0
Rsi
4.5
Ma Position
6.0
Volume distribution (falling OBV)Below 200-MA, MA slope -6.5%/30d — confirmed downtrend

Ranks in the bottom of its industry peers on the composite signal. Better names in the same sector exist.static

Growth Rank
1.1
Quality Rank
1.7
Value Rank
3.6

Technicals below the gate floor. Component breakdown shows what dragged the score down.static

52w Position
1.4
Support Resistance
3.3
Bollinger
4.8

No near-term catalyst priced in. Thesis progression will come from fundamentals grinding, not event reaction.static

Earnings History
0.0
Surprise Avg
0.0
Erm
5.0
Earnings Timing
5.0
News Activity
8.0
Earnings concerns: 1B/3M
GatesMomentum 2.7<4.5A.R:R 0.1 < 1.5@spotDeath cross (50MA < 200MA)Insider activity: OKNo SEC red flagsEARNINGS PROXIMITY 86d clearSEMI CYCLE PEAK CLEARMATERIALS CYCLE PEAK CLEARRange BoundSuitability: Aggressive
RSI
53 · Neutral
20D MA 50D MA 200D MADEATH CROSSSupport $113.60Resistance $163.56

Price Targets

$137
$149
A.Upside+1.2%
A.R:R0.1:1

Position Sizing

ConvictionNone
Suggested %0.5%
Max %1%
RegimeSteady

Risk Alerts

! Target reached (1.2% upside)
! Risk below floor (2.5 < 3.0)
! momentum at 2.7 (below the engine's 4.5 threshold)

Earnings

B
M
M
M
1/4 beats
Next Earnings2026-09-10 (86d)

Verdict History

reverse chrono — latest first
Loading history...
Verdicts are recorded on every nightly pipeline run. Rows capture transitions (verdict flips, score deltas ≥0.3, entry/TP/SL changes). Rows with a ▶ can be expanded to see the change reason. Aggregate cohort performance is tracked in the recommendation ledger.
Frequently Asked Questions
Is RH stock a buy right now?

Sell if holding. Engine safety override at $146.91: a dimension score below its floor triggers a hard block regardless of the otherwise-positive setup — overall score 4.1/10. Specifically: High short interest: 61%; Below-average business quality; Negative price momentum. Chart setup: RSI 53 mid-range, Bollinger mid-band. Prior stop was $136.63. Score 4.1/10, moderate confidence.

What is the RH stock price target?

Take-profit target: $148.61 (+1.2% upside). Prior stop was $136.63. Stop-loss: $136.63.

What are the risks of investing in RH?

Concentration risk — Geographic: Asia (69.0%); Target reached (1.2% upside); Risk below floor (2.5 < 3.0).

Is RH overvalued or undervalued?

RH trades at a P/E of 28.6 (forward 16.2). TrendMatrix value score: 6.6/10. Verdict: Sell.

What do analysts say about RH?

28 analysts cover RH with a consensus score of 3.5/5. Average price target: $165.

What does RH do?RH is a luxury home furnishings retailer with 89 retail locations including Design Galleries in the U.S., Canada, and...

RH is a luxury home furnishings retailer with 89 retail locations including Design Galleries in the U.S., Canada, and Europe. Revenue is driven by members who accounted for approximately 97% of sales in fiscal 2025 among ~262,000 members; sourcing is heavily concentrated in Asia.

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