Arhaus price target lowered to $8 from $12 at Loop Capital

Loop Capital lowered the firm’s price target on Arhaus (ARHS) to $8 from $12 and keeps a Hold rating on the shares. The company’s Q1 “miss and lower” was a tough way to start off 2025, including a sequential deceleration in demand comparable growth and profit margin degradation, the analyst tells investors in a research note. The management is doing a fairly good job “controlling what it can control,” but with the US macroeconomic environment remaining uncertain and the housing market showing no signs of a meaningful rebound, there is no compelling reason to think the company’s fundamental performance will improve significantly, Loop adds.