Revolve Group (RVLV)

• Market cap: $1.35B
• 1 day: -4.34%
• 5 days: -7.83%
• 1 month: -14.53%
• 3 months: -38.90%
• 6 months: -27.65%
• Year to date: -43.56%
• 1 year: -1.15%
• 5 years: 69.87%
• 10 years: -44.29%
• Sector: Consumer Discretionary
• Industry: Internet Retail

About: The Revolve Group is an emerging e-commerce retailer, selling women's dresses, handbags, shoes, beauty products, and incidentals across its marketplace properties, Revolve and FWRD. The platform is built to suit the "next-generation customer," emphasizing mobile commerce, influencer marketing, and occupying an aspirational but attainable luxury niche. With $1.1 billion in 2024 net sales, the firm sits just outside the top 30 apparel retailers (by sales) in the US, but has consistently generated robust top-line growth as the industry continues to favor digital channels. Revolve generates approximately 18% of sales from private-label offerings, while focusing on building an inventory of unique products from emerging fashion brands with less than $10 million in annual sales.

Employees: 1,632

Fund manager confidence

Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)

206% more first-time investments, than exits

New positions opened: 55 | Existing positions closed: 18

32% more capital invested

Capital invested by funds: $1.17B [Q3] → $1.54B (+$370M) [Q4]

18% more funds holding

Funds holding: 193 [Q3] → 228 (+35) [Q4]

4.08% less ownership

Funds ownership: 124.3% [Q3] → 120.22% (-4.08%) [Q4]

28% less repeat investments, than reductions

Existing positions increased: 63 | Existing positions reduced: 87

31% less call options, than puts

Call options by funds: $15.3M | Put options by funds: $22.2M

Research analyst outlook

8 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $19 0% upside
• Avg. target: $27 45% upside
• High target: $37 95% upside

8 analyst ratings

• positive: 5 63%
• neutral: 3 38%
• negative: 0 0%

Morgan Stanley Lauren Schenk 82% 1-year accuracy 18 / 22 met price target	11% upside $21	Equal-Weight Maintained	17 Apr 2025
Piper Sandler Anna Andreeva 15% 1-year accuracy 4 / 27 met price target	16% upside $22	Overweight Maintained	11 Apr 2025
Stifel Jim Duffy 10% 1-year accuracy 4 / 40 met price target	48% upside $28	Buy Maintained	10 Apr 2025
Jefferies Randal Konik 33% 1-year accuracy 3 / 9 met price target	58% upside $30	Buy Upgraded	14 Mar 2025
Roth MKM Matt Koranda 25% 1-year accuracy 6 / 24 met price target	90% upside $36	Buy Reiterated	26 Feb 2025