We recently published a list of 10 Stocks That Analysts Are Talking About. In this article, we are going to take a look at where Revolve Group, Inc. (NYSE:RVLV) stands against other stocks that analysts are talking about.
Like any other informed investor, we are always on the hunt for stocks that analysts are talking about. Analysts use their in-depth research expertise, industry knowledge, and industry connections to figure out how well companies are doing every quarter.
Once they stumble upon something that could change the course of that company’s stock, they come out with analyst updates. These are usually in the form of an upgrade or downgrade, or simply an update on a previously assigned rating.
For retail investors, going through these reports saves a lot of time. This is why we came up with 10 stocks that analysts are talking about this week. To come up with the list of 10 stocks that analysts are talking about, we considered companies that received an analyst upgrade or coverage in the last 5 days.
Revolve Group, Inc. (NYSE:RVLV) is an online retailer that sells fashion products for the younger generation, especially millennial and Gen Z consumers. It sets itself apart from competitors by running its own platform that connects consumers with influencers and global brands, both new and established ones. The company’s stock just received a boost from KeyBanc analysts who upgraded the stock from Sector Weight to Overweight.
Revolve Group, Inc. (NYSE:RVLV) is expected to announce earnings next month and the analyst upgrade is connected to that. Analysts believe the company is on track to record stable revenue growth and margin expansion in 2025. It is worth noting that the same analysts had a negative outlook on the stock because of the above factors, but they see these factors easing out in 2025.
RVLV stock has doubled in a year but has been on a downward trajectory since late November. There is considerable negative sentiment regarding the stock among Wall Street analysts which means once investors start realizing the potential gains of the year ahead, the stock could give even better returns in the coming months.
Overall, RVLV ranks 8th on our list of stocks that analysts are talking about. While we acknowledge the potential of RVLV as a leading AI investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns, and doing so within a shorter time frame. If you are looking for an AI stock that is as promising as RVLV but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock.
READ NEXT: 20 Best AI Stocks To Buy Now and Complete List of 59 AI Companies Under $2 Billion in Market Cap
Disclosure: None. This article is originally published at Insider Monkey.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.