The RealReal Inc. (REAL) reported fourth-quarter 2025 revenue of $194.1 million, up 18.3% year-over-year and roughly in line with the consensus estimate of $194.5 million. Since market close the stock has moved 6.53%.
Revenue growth and a sizable improvement in operating cash flow helped offset margin pressure, but the company still posted a net loss and missed on EPS. The RealReal (REAL) will need to demonstrate improved conversion of revenue into consistent profitability going forward.
Note: This financials data is sourced from a third-party provider and has not been independently verified by Quiver.
The RealReal Inc. Insider Trading Activity
The RealReal Inc. insiders have traded $REAL stock on the open market 47 times in the past 6 months. Of those trades, 0 have been purchases and 47 have been sales.
Here’s a breakdown of recent trading of $REAL stock by insiders over the last 6 months:
- GILBERT L. III BAIRD sold 7,686,442 shares for an estimated $101,537,898
- TODD A SUKO (Chief Legal Officer and Secret) has made 0 purchases and 12 sales selling 226,184 shares for an estimated $2,999,720.
- LEVESQUE RATI SAHI (Chief Executive Officer) has made 0 purchases and 10 sales selling 218,435 shares for an estimated $2,568,687.
- STEVE MING LO (Chief Accounting Officer) has made 0 purchases and 13 sales selling 175,074 shares for an estimated $2,428,634.
- GOPAL AJAY MADAN (Chief Financial Officer) has made 0 purchases and 5 sales selling 90,097 shares for an estimated $1,150,778.
- LUKE THOMAS FRIANG (Chief Product & Tech Officer) has made 0 purchases and 6 sales selling 38,228 shares for an estimated $453,372.
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
The RealReal Inc. Hedge Fund Activity
We have seen 128 institutional investors add shares of The RealReal Inc. stock to their portfolio, and 139 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- FMR LLC added 11,986,899 shares (+2543.1%) to their portfolio in Q4 2025, for an estimated $189,153,266
- ARROWSTREET CAPITAL, LIMITED PARTNERSHIP added 2,559,103 shares (+inf%) to their portfolio in Q4 2025, for an estimated $40,382,645
- KANEN WEALTH MANAGEMENT LLC removed 2,338,820 shares (-55.7%) from their portfolio in Q4 2025, for an estimated $36,906,579
- UBS GROUP AG added 1,923,531 shares (+216.4%) to their portfolio in Q4 2025, for an estimated $30,353,319
- DRIEHAUS CAPITAL MANAGEMENT LLC added 1,660,008 shares (+53.6%) to their portfolio in Q4 2025, for an estimated $26,194,926
- MARSHALL WACE, LLP removed 1,553,279 shares (-41.2%) from their portfolio in Q4 2025, for an estimated $24,510,742
- GOLDMAN SACHS GROUP INC removed 1,021,971 shares (-31.9%) from their portfolio in Q4 2025, for an estimated $16,126,702
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
The RealReal Inc. Analyst Ratings
Wall Street analysts have issued reports on $REAL in the last several months. We have seen 5 firms issue buy ratings on the stock, and 0 firms issue sell ratings.
Here are some recent analyst ratings:
- Wells Fargo issued a "Overweight" rating on 12/16/2025
- William Blair issued a "Outperform" rating on 12/15/2025
- B. Riley Securities issued a "Buy" rating on 12/12/2025
- TD Cowen issued a "Buy" rating on 10/03/2025
- BTIG issued a "Buy" rating on 09/10/2025
To track analyst ratings and price targets for The RealReal Inc., check out Quiver Quantitative's $REAL forecast page.
The RealReal Inc. Price Targets
Multiple analysts have issued price targets for $REAL recently. We have seen 8 analysts offer price targets for $REAL in the last 6 months, with a median target of $16.5.
Here are some recent targets:
- Ashley Owens from Keybanc set a target price of $20.0 on 01/22/2026
- Kunal Madhukar from UBS set a target price of $16.0 on 01/08/2026
- Marvin Fong from BTIG set a target price of $18.0 on 12/30/2025
- Ike Boruchow from Wells Fargo set a target price of $20.0 on 12/16/2025
- Anna Glaessgen from B. Riley Securities set a target price of $17.0 on 12/12/2025
- Mark Altschwager from Baird set a target price of $13.0 on 11/11/2025
- Daniel Chan from TD Cowen set a target price of $9.0 on 10/03/2025
