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RH shares jump 7.5% despite mixed analyst ratings amid positive luxury market outlook

Market News
12 Jun 2026
Danny Green
View Source
Bullish
pluang ai news

RH, a luxury home furnishings company, saw its shares rise 7.49% to $159.82 despite receiving mixed analyst ratings. Zacks issued a "Strong Sell" rating due to a 20.9% earnings estimate cut, while KeyBanc maintained a neutral "Sector Weight" rating. RH itself remains optimistic, forecasting 4.5% to 8% revenue growth for the fiscal year driven by new luxury products. The market's positive reaction reflects investor confidence in RH's growth strategy despite contrasting analyst views.

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