The 9 Wall Street analysts covering Reformation Inc. (California) hold a median 12-month price target of $20 — +25.0% from the last close. Ticker Nerd's systematic factor model, run across ~4,600 US stocks, ranks it 1 of 100 as at 26 Oct 2026 — in the weakest quartile. The Street sees upside; the factor read is a caution. That gap is the story on this page.
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.
Percentile across ~4,600 US stocks on Ticker Nerd’s systematic factor model. Higher is better. How the model is built and tested
Revisions (56): 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 systematic trader with 15+ years in markets.
The bullish and bearish analyst opinions on REF, reported as data — targets and ratings, the market's view beside the model's.
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
The green dot is the last close — the median target sits +25.0% from it.
| Date | Firm | Action | Rating | Target |
|---|---|---|---|---|
| 11 Sept 2026 | Guggenheim | Reiterates | Buy | — |
| 11 Sept 2026 | Guggenheim | Reiterates | Buy | $20 |
| 11 Sept 2026 | RBC Capital | Reiterates | Outperform | $18 |
| 11 Sept 2026 | RBC Capital | Reiterates | Outperform | — |
| 24 Aug 2026 | Baird | Initiates | Outperform | — |
| 24 Aug 2026 | BTIG | Initiates | Buy | — |
| 24 Aug 2026 | Citigroup | Initiates | Buy | — |
| 24 Aug 2026 | Guggenheim | Initiates | Buy | — |
| 24 Aug 2026 | JP Morgan | Initiates | Overweight | — |
| 24 Aug 2026 | Morgan Stanley | Initiates | Equal-Weight | — |
| 24 Aug 2026 | RBC Capital | Initiates | Outperform | — |
| 24 Aug 2026 | Telsey Advisory Group | Initiates | Underperform | — |
| 24 Aug 2026 | William Blair | Initiates | Outperform | — |
Price targets and ratings are third-party analyst estimates, reported here as data. They are not Ticker Nerd forecasts, and they are frequently wrong.
REF appears in the Radar on the weeks it earns a place.
Both lines are total return — dividends reinvested — so the comparison is honest on both sides.
Download this chart as an image — free to reuse; link this page as the source.
Data provided by Twelve Data
Not the forecast itself — the direction analysts are revising it. Revision direction is one of the model's factor families.
A margin means little on its own. Each bar marks where the figure sits across the whole US universe we score.
Cheaper than 9% of US stocks
Cheaper than 57% of US stocks
Cheaper than 42% of US stocks
Cheaper than 6% of US stocks
Higher than 73% of US stocks
Higher than 81% of US stocks
Higher than 68% of US stocks
Higher than 52% of US stocks
Higher than 49% of US stocks
Higher than 54% of US stocks
Higher than 1% of US dividend payers
Bars mark the percentile across the ~4,600 US stocks Ticker Nerd covers, among those reporting the figure.
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 $920.5M and an enterprise value of $1.3B.
Trailing P/E: 77.9×; forward P/E: 20.8× — the forward figure prices analyst consensus estimates, not reported earnings.
Forward dividend yield: 0.00%, paying out 0% of earnings.
Reformation Inc. (California) employs 1,353 people.
Data provided by Twelve Data
The nearest names by industry and size, scored by the same model — like for like.
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 →
Reformation said it will release financial results for the third quarter ended September 26, 2026, after market close on November 5, 2026. The company will discuss the results and business outlook on a live conference call and webcast at 5:00 p.m.
Why it matters — REF watchers can note the scheduled date and time for the company's quarterly results and management discussion.
Cedar Grove Capital reported closing its short position in Reformation during the quarter, alongside several other short positions. It also closed four long positions and initiated a small tracking position in Zedcor while continuing due diligence.
Why it matters — The update notes a change in Cedar Grove Capital’s reported position in Reformation, which may be relevant to REF watchers tracking investor activity.
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.
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 26 Oct 2026. None of this is personal advice — it does not consider your circumstances.
As at 26 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 (56 of 100).
No one can know that. What the data says: the median 12-month target from 9 analysts implies +25.0% from the last close, and Ticker Nerd's factor model ranks Reformation Inc. (California) 1 out of 100 as at 26 Oct 2026. Analyst targets are third-party estimates and frequently wrong; none of this is personal advice.
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.
Reformation Inc. is a consumer apparel company focused on designing, manufacturing, and selling women’s clothing and accessories through digital commerce, company-operated stores, wholesale partners, and other distribution channels.
The most recent item we track (PRNewsWire, 22 Oct 2026): "Reformation to Announce Third Quarter Fiscal 2026 Results on November 5, 2026". Reformation said it will release financial results for the third quarter ended September 26, 2026, after market close on November 5, 2026. The company will discuss the results and business outlook on a live conference call and webcast at 5:00 p.m.
Reformation Inc. is a consumer apparel company focused on designing, manufacturing, and selling women’s clothing and accessories through digital commerce, company-operated stores, wholesale partners, and other distribution channels. Its product range includes dresses, tops, pants, skirts, shorts, denim, sweaters, jumpsuits, coordinated sets, outerwear, sleepwear, loungewear, swimwear, shoes, and fashion accessories, as well as dedicated wedding collections. The company positions its products around more responsible apparel production, incorporating sustainability-focused materials, supply-chain practices, and operational processes into its business model. Reformation Inc. serves customers in the United States and international markets, combining direct-to-consumer retail with broader wholesale distribution. Its market role spans contemporary womenswear, occasion clothing, bridal apparel, and lifestyle fashion, with a digitally oriented brand presence and a product assortment designed for both everyday wear and special events. Headquartered in Vernon, California, Reformation Inc. operates within the global apparel and specialty retail sector.
CEO Ms. Hali Borenstein · 1,353 employees · United States · https://www.thereformation.com
