Reformation (REF) Q3 2026 earnings — TrendMatrix coverage
Reported
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. How we score · Full disclosure · Editorial policy
Key numbers
- Adjusted EPS
- $0.02
- Estimate
- $0.11
- Surprise
- -78.7%
- Revenue (period 2026-09-26)
- $173.6M
- Score at report (before → after)
- 6.2 → 6.2/10
Revenue source: xbrl.
How the report landed
Reformation (REF) missed the $0.11 estimate with adjusted EPS of $0.02 — a large 78.7% shortfall. TrendMatrix's engine moved from Sell (6.2/10) to Hold at 6.2/10 after the report.
Coverage in the report window
- RBC Raises Price Target on Reformation Inc. to $21 — fiscal.ai, 2026-11-06
- RBC Capital Maintains Outperform on Reformation, Raises Price Target to $21 — benzinga, 2026-11-06
- BTIG Maintains Buy on Reformation, Raises Price Target to $21 — benzinga, 2026-11-06
Where TrendMatrix's rating stands now
TrendMatrix currently rates REF Hold at 6.1/10.
1 of the last 2 quarters beat the estimate; this quarter's -78.7% surprise compares with a -35.6% four-quarter average. Next scheduled report: 2027-03-01.
What supports the rating
- Positive news sentiment (+0.57)
- Strong growth profile
What argues against it
- Analyst target reached - limited upside remaining
- Near 52-week high (2.1% away)
- Sector modifier (Consumer Cyclical): -1.5
This section and the ones below it reflect TrendMatrix’s latest engine read — they update after the report date and are not frozen to it.
The levels TrendMatrix's engine tracks
- Current price
- $18.05
- Stop
- $16.79
The stock trades at 90.2× trailing but 24.2× forward earnings — consensus estimates already build in a substantial earnings recovery.
Risk check: RSI 70 — a level conventionally read as overbought; gains at these levels often lean on momentum; trading volume is running 2.0× its average — elevated turnover around the report window.
Model outputs from TrendMatrix’s engine as of 2026-11-08 — shown for context, not personalized investment advice.
REF at TrendMatrix's latest read
Cyclical consumer names live and die on demand momentum — same-quarter comps and guidance carry more weight than the headline surprise.
- Industry
- Apparel Retail
- Market cap
- $1.07B
- P/E (fwd)
- 24.2
- P/E (ttm)
- 90.2
- 52-week range
- $11.85–$18.44
- Off 52-week high
- 2.1%
- RSI (14)
- 70
- Volume vs avg
- 2.02×
- Score today
- 6.1/10