REFConsumer Cyclical · Apparel Retail

REF Stock Forecast: Reformation Inc. (California) Price Predictions for 2026-2027

Last close, 5 Oct 2026
$13
+1.32% on the day

The 9 Wall Street analysts covering Reformation Inc. (California) hold a median 12-month price target of $20 — +53.6% from the last close. Ticker Nerd's systematic factor model, run across ~4,600 US stocks, ranks it 1 of 100 as at 3 Oct 2026 — in the weakest quartile. The Street sees upside; the factor read is a caution. That gap is the story on this page.

Market cap
$759.2M
Ticker Nerd rank
1 / 100
Median analyst target
$20
Analysts covering
9
Total return, dividends reinvested
1W
+5.4%
1M
−4.9%
From high
−22.7%
From low
+8.1%
$12
$17
Range since 30 July 2026, adjusted closes · the dot is the last close
Ticker Nerd rank

REF stock analysis: one number for the whole business

Consensus tells you what everyone already believes. The model scores Reformation Inc. (California) on its factor families — the same systematic rank behind the Ticker Nerd portfolio.

Where the model ranks itAs at 3 Oct 2026
1 / 100

Percentile across ~4,600 US stocks on Ticker Nerd’s systematic factor model. Higher is better. How the model is built and tested

Revisions
53
Size
48
Accruals
8
Momentum
3
Value
2
Issuance
2
Quality
1
Growth
1
Volatility
1

Revisions (53): Analysts have, on balance, been raising their forecasts.

Volatility (1): The share price moves around a lot.

Built and run by Aslam Ghouse, an ex-Goldman Sachs quant trader with fourteen years in markets.

Wall Street

REF stock forecast 2026-2027: analyst price targets & predictions

The bullish and bearish analyst opinions on REF, reported as data — targets and ratings, the market's view beside the model's.

Share price and the analyst range, since 30 July 2026Adjusted close, US dollars
$12$14$16$18$20$22Aug 26Sep 26Oct 26REFHigh $21Median $20Low $16

Price targets and ratings are third-party analyst estimates, reported here as data. They are not Ticker Nerd forecasts, and they are frequently wrong.

Data provided by Twelve Data

What Wall Street says9 analysts
8 Buy1 Hold0 Sell
Low $16Median $20High $21

The green dot is the last close — the median target sits +53.6% from it.

Recent analyst actionsNewest first
DateFirmActionRatingTarget
11 Sept 2026GuggenheimReiteratesBuy$20
11 Sept 2026RBC CapitalReiteratesOutperform$18
24 Aug 2026BairdInitiatesOutperform—
24 Aug 2026BTIGInitiatesBuy—
24 Aug 2026CitigroupInitiatesBuy—
24 Aug 2026GuggenheimInitiatesBuy—
24 Aug 2026JP MorganInitiatesOverweight—
24 Aug 2026Morgan StanleyInitiatesEqual-Weight—
24 Aug 2026RBC CapitalInitiatesOutperform—
24 Aug 2026Telsey Advisory GroupInitiatesUnderperform—
24 Aug 2026William BlairInitiatesOutperform—

Price targets and ratings are third-party analyst estimates, reported here as data. They are not Ticker Nerd forecasts, and they are frequently wrong.

Market Radar

This page is one stock. Monday covers all of them.

Computed off the Friday close and sent before the US open.

Market Radar reports the week’s largest rank changes across roughly 4,600 US stocks, the factor behind each one, and where the market went. REF appears on the weeks it earns a place.

Free, every Monday. Unsubscribe any time.

Performance

REF vs the S&P 500

Both lines are total return — dividends reinvested — so the comparison is honest on both sides.

REF vs S&P 500, last 12 monthsTotal return, rebased to 100
80859095100105110Aug 26Sep 26Oct 26REFS&P 500

Download this chart as an image — free to reuse; link this page as the source.

Data provided by Twelve Data

Estimates

REF analyst estimate revisions

Not the forecast itself — the direction analysts are revising it. Revision direction is one of the model's factor families.

Which way the estimates are movingNext fiscal year
Analysts raising
0
Analysts cutting
0
Fundamentals

Reformation Inc. (California) (REF) financial data

A margin means little on its own. Each bar marks where the figure sits across the whole US universe we score.

Valuation
Trailing P/E
55.9×

Cheaper than 13% of US stocks

Price / sales
1.3×

Cheaper than 62% of US stocks

Price / book
1.7×

Cheaper than 50% of US stocks

EV / EBITDA
36.2×

Cheaper than 7% of US stocks

Growth & margins
Revenue growth (YoY)
24.1%

Higher than 73% of US stocks

Earnings growth (YoY)
79.4%

Higher than 81% of US stocks

Gross margin
—
Operating margin
12.4%

Higher than 68% of US stocks

Net margin
2.0%

Higher than 52% of US stocks

Returns & dividend
Return on equity
2.9%

Higher than 49% of US stocks

Return on assets
1.3%

Higher than 54% of US stocks

Dividend yield
—

Bars mark the percentile across the ~4,600 US stocks Ticker Nerd covers, among those reporting the figure.

Key statistics

Reformation Inc. (California) (REF) statistics: revenue, profit & scale

The headline figures, each with its date. Every row carries its own link — cite it straight from here.

  • Reformation Inc. (California) has a market value of $759.2M and an enterprise value of $1.1B.

  • Shares outstanding: 59.1M.

  • Trailing P/E: 55.9×; forward P/E: 16.6× — the forward figure prices analyst consensus estimates, not reported earnings.

  • Reformation Inc. (California) employs 1,353 people.

market figures as at 4 Oct 2026

Data provided by Twelve Data

Peers

REF vs competitors

The nearest names by industry and size, scored by the same model — like for like.

Its peer group, ranked by the same modelApparel Retail
CompanyMarket capTKN rank
REFReformation Inc. (California)$759.2M
1
CRICarter's, Inc.$1.2B
92
CALCaleres, Inc.$421.7M
67
CTRNCiti Trends, Inc.$399.8M
70
GCOGenesco, Inc.$377.9M
87
JILLJ.Jill, Inc.$371.4M
91
SFIXStitch Fix, Inc.$348.7M
59

Look up any of the roughly 4,600 stocks we score.

The rank is the raw material. Whether the rules would actually own Reformation Inc. (California) — and when they’d sell — is the membership. See the Ticker Nerd 20 →

FAQ

Frequently asked questions about REF stock

What is the REF stock price forecast for 2026-2027?

The 9 Wall Street analysts covering Reformation Inc. (California) have a median 12-month price target of $20, with estimates ranging from $16 to $21. These are third-party analyst estimates, not Ticker Nerd forecasts, and they are frequently wrong.

Is REF stock a buy right now?

Of the 9 analysts covering Reformation Inc. (California), 8 rate it a Buy, 1 a Hold and 0 a Sell. Ticker Nerd's systematic factor model ranks Reformation Inc. (California) 1 out of 100 across roughly 4,600 US stocks as at 3 Oct 2026. None of this is personal advice — it does not consider your circumstances.

How does Ticker Nerd's model rank REF?

As at 3 Oct 2026, Reformation Inc. (California) ranks 1 out of 100 on Ticker Nerd's systematic factor model — a percentile across roughly 4,600 US stocks, built from its factor families. Its strongest factor family is Revisions (53 of 100).

Will REF stock go up?

No one can know that. What the data says: the median 12-month target from 9 analysts implies +53.6% from the last close, and Ticker Nerd's factor model ranks Reformation Inc. (California) 1 out of 100 as at 3 Oct 2026. Analyst targets are third-party estimates and frequently wrong; none of this is personal advice.

What is the REF stock forecast for 2030?

No analyst covering Reformation Inc. (California) publishes a 2030 price target — Wall Street targets run 12 to 18 months out. Sites quoting a 2030 price for REF are extrapolating price history, which says nothing about the business. The furthest attributed numbers are the current analyst targets: $16 to $21 over the next 12 months.

What does Reformation Inc. (California) do?

Reformation Inc. is a sustainable womenswear company that designs, manufactures, and sells women’s apparel and accessories.

Company

About Reformation Inc. (California).

Reformation Inc. is a sustainable womenswear company that designs, manufactures, and sells women’s apparel and accessories. Reformation Inc. offers a broad assortment that includes dresses, tops, bottoms, denim, sweaters, outerwear, swimwear, shoes, bags, and wedding styles, with a brand identity centered on eco-conscious materials and modern, fashion-forward design. The company serves customers through its e-commerce platform, company-operated stores, wholesale relationships, and other distribution channels in the United States and internationally. Reformation Inc. focuses on direct-to-consumer retail while also maintaining a selective wholesale presence, making it a notable name in contemporary apparel and sustainable fashion. Headquartered in Vernon, California, Reformation Inc. plays a visible role in the consumer discretionary market by combining lifestyle branding, digital commerce, and specialty apparel retail.

CEO Ms. Hali Borenstein · 1,353 employees · United States · https://www.thereformation.com