Piper Sandler upgrades Arhaus to Overweight and raises price target to $13
Piper Sandler lifted Arhaus Inc. (ARHS) to an Overweight rating, increasing its price target from $9.00 to $13.00. The broker highlighted improving comparable‑store sales, margin‑recovery potential and expects mid‑to‑high‑teens earnings per share growth over the next four years. The upgrade followed Arhaus reporting Q2 2026 adjusted earnings of $0.28 per share and revenue of $384.9 million, both beating expectations, and prompted a rise of about 5% in pre‑market trading.
Why it matters
The higher rating and $13 target suggest roughly 27% upside from the current $10.23 price, potentially attracting more buying interest. The guidance of mid‑to‑high‑teens EPS growth signals stronger profitability prospects for investors over the coming years.
Key facts
- 1Piper Sandler upgraded Arhaus to Overweight from Neutral and raised its price target to $13.00 from $9.00. investing.com
- 2Arhaus shares traded at $10.23 at the time of the upgrade. investing.com
- 3Arhaus stock rose about 5% in pre‑market trading after the upgrade. investing.com
- 4Arhaus reported adjusted Q2 2026 earnings of $0.28 per share, beating the $0.16 estimate. investing.com
- 5Arhaus recorded Q2 2026 revenue of $384.9 million, exceeding the $364.83 million forecast. investing.com
- 6Piper Sandler expects mid‑to‑high‑teens earnings per share growth over the next four years. investing.com
Summary written by AlphAI AI Desk from 4 of 4 sources. Not investment advice. Figures are as stated by the linked sources.