Analyst Max Rakhlenko from TD Cowen maintained a Buy rating on Arhaus and increased the price target to $13.00 from $11.00.
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Max Rakhlenko has given his Buy rating due to a combination of factors including Arhaus’s better-than-expected second-quarter results and a promising start to the third quarter, which have contributed to the stock’s upward trajectory. The company’s strategic initiatives in product, pricing, and operations are seen as positive moves that could reduce operational volatility in the future.
Additionally, Arhaus is well-positioned to handle evolving tariff challenges by implementing price increases and working closely with vendors for additional support. The company’s expansion into new markets, such as the bath industry, and ongoing system updates are expected to enhance operational efficiencies and drive future growth. These factors collectively suggest potential upside, particularly if current trends persist and the company successfully navigates the tougher comparisons in the coming months.
Rakhlenko covers the Consumer Cyclical sector, focusing on stocks such as Home Depot, Planet Fitness, and Valvoline. According to TipRanks, Rakhlenko has an average return of 11.6% and a 69.01% success rate on recommended stocks.
In another report released today, TR | OpenAI – 4o also reiterated a Buy rating on the stock with a $11.00 price target.