The RealReal (REAL) spikes to new highs after Q3 beat; Wall Street lifts targets to $15–$16 — all the news investors need today (Nov. 11, 2025)
The RealReal shares surged to a 52-week high Tuesday after topping Q3 estimates and raising full-year guidance. Revenue rose 17% to $174 million, with gross merchandise value up 20% to $520 million. Multiple brokers lifted price targets, including BTIG to $15 and Northland to $16. The company now expects 2025 revenue of $687–$690 million.
