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The latest update is out from Resources Connection ( (RGP) ).
On April 7, 2026, Resources Connection agreed to sell 100% of the membership interests of its Sitrick crisis communications unit to Sitrick, LLC for a price tied to realizable client receivables, keeping certain office-lease related assets and liabilities and paying CEO Michael Sitrick $4 million in severance-equivalent cash while accelerating unvested equity awards for continuing employees, with closing expected within 45 days as part of a broader portfolio simplification. On April 8, 2026, the company reported third-quarter fiscal 2026 results showing revenue fell to $107.9 million from $129.4 million a year earlier as billable hours declined across most segments, but gross margin and SG&A efficiency improved, net loss narrowed sharply to $9.5 million, and management highlighted ongoing restructuring, cost alignment and targeted investments in On-Demand Talent and Consulting supported by a solid cash position and unused credit and buyback capacity.
The most recent analyst rating on (RGP) stock is a Sell with a $3.50 price target. To see the full list of analyst forecasts on Resources Connection stock, see the RGP Stock Forecast page.
Spark’s Take on RGP Stock
According to Spark, TipRanks’ AI Analyst, RGP is a Neutral.
The score is held back primarily by deteriorating operating results (revenue contraction and significant losses) and bearish technicals (below key moving averages with negative momentum). Partial offsets come from a strong balance sheet with zero debt and positive free cash flow, plus cost-discipline progress, but near-term guidance points to continued revenue and margin pressure.
To see Spark’s full report on RGP stock, click here.
More about Resources Connection
Resources Connection, Inc., which operates as RGP, is a professional services firm listed on Nasdaq that provides on-demand talent, consulting and outsourced services across regions including the U.S., Europe and Asia Pacific. Its offerings span traditional finance roles and broader advisory work, with a growing emphasis on higher-value consulting and evolving skill sets as clients adopt AI and automation, while maintaining a disciplined pricing strategy and a sizable stock repurchase authorization.
Average Trading Volume: 399,643
Technical Sentiment Signal: Strong Sell
Current Market Cap: $119.9M
For an in-depth examination of RGP stock, go to TipRanks’ Overview page.