Where is Revolve Group (RVLV) Headed?

Revolve Group, Inc. (NYSE:RVLV) is one of the best e-commerce stocks to buy now. Revolve Group, Inc. (NYSE:RVLV) received a rating update from KeyBanc on January 22, which reaffirmed a Buy rating on the stock and set a price target of $35.00.

Are Analysts Talking About Revolve Group (RVLV)?

In a separate development, Revolve Group, Inc. (NYSE:RVLV) announced the official opening of its new store at The Grove in Los Angeles on January 13. Management stated that the company would leverage the high visibility and foot traffic in The Grove to engage new and existing customers, and showcase REVOLVE and FWRD’s product assortment from established and emerging brands across apparel, beauty, footwear, accessories, and home, including in-house brands such as SRG, Helsa, and Eaves.

The same day, Morgan Stanley adjusted the price target on Revolve Group, Inc. (NYSE:RVLV) to $27 from $26, maintaining an Equal Weight rating on the shares. The firm believes that 2026 will be “thematically similar” to 2025 in the internet sector, and the market is likely to reward companies that exhibit material positive ROIC from GenAI or GPU-enabled technologies.

Revolve Group, Inc. (NYSE:RVLV) is an online fashion retailer for Gen Z and millennial consumers. Its operations are divided into Forward (FWRD) and Revolve segments. The Revolve segment offers apparel, footwear, accessories, and beauty products, while the FWRD segment offers luxury brands. The company sells all its products exclusively online.

While we acknowledge the potential of RVLV to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than RVLV and that has 100x upside potential, check out our report about this cheapest AI stock.

READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now.

Disclosure: None. This article is originally published at Insider Monkey.