RH stock drops 50%, analysts warn against investment

RH, a luxury home furnishings retailer, has seen its stock drop by 50% since autumn 2023. The company aims for $20 billion in sales and 20% profit margins but is currently not on track to meet these goals. Despite the significant price drop, analysts caution that RH may not be a bargain. The company's long-term ambitions remain unmet, raising questions about its future performance. No analysts currently hold positions in RH, and there are no plans to invest in the company in the near term. The article emphasizes the importance of careful evaluation before making investment decisions.