展望未来，Boruchow及其团队对TheRealReal的商品交易总额趋势持乐观态度，预计其将加速至两位数增长。同时，他们相信推动利润率改善的举措将继续产生积极影响，为TheRealReal实现正的EBITDA奠定基础。值得一提的是，TheRealReal已明确表示致力于在25财年实现正的自由现金流，这进一步增强了投资者对其未来发展的信心。Wells Fargo & Co has expressed a bullish outlook on the prospects of the luxury goods second-hand e-commerce platform therealreal, raising its stock rating to shareholding.
According to the latest analysis by Wells Fargo & Co analyst Ike Boruchow, there is a bullish outlook on the prospects of the luxury goods second-hand e-commerce platform therealreal (REAL.US), increasing its stock rating to shareholding. He believes that the market performance of therealreal has not fully reflected the significant changes within the company. Boruchow emphasized that with the optimization of the profit structure and the re-acceleration of revenue growth, therealreal has tremendous potential for future development.
Specifically, Boruchow delved into the operational data of therealreal, pointing out that one of the most notable changes made by the company is the increased commission rate for commodities priced below $100. This strategy not only provides greater sales incentives for high-value commodities but also significantly enhances the profit margin for low-value commodities. In addition, therealreal has adopted a series of measures to reduce debt risk, further strengthening its financial stability.
Looking ahead, Boruchow and his team hold a bullish outlook on the total trading volume trend of therealreal's commodities, expecting it to accelerate to double-digit growth. Meanwhile, they believe that measures to improve profit margins will continue to have a positive impact, laying the foundation for therealreal to achieve positive EBITDA. It is worth mentioning that therealreal has explicitly stated its commitment to achieving positive free cash flow in fiscal year 25, further enhancing investors' confidence in its future development.
Based on the above analysis, Wells Fargo & Co has set a top Wall Street target price of $15 for therealreal, showing strong optimism about the future performance of this stock. It is noteworthy that the 52-week price range of the stock is $1.52 to $6.57, while short interest accounts for 15.2% of total circulating shares. This increase not only reflects the market's positive expectations for the future development of therealreal but also highlights investors' renewed recognition of the stock's value.