Rent the Runway: Leadership In Flux, Valuation In Your Favour

Rent the Runway is rated a buy with a P/S-based target price range of $9.64 to $16.03. Q1 FY26 revenue grew 29% year-over-year, but profitability and free cash flow remain negative. Leadership risk is elevated after the CEO and CFO departures, with interim management from Nordstrom.