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ARHS · Analysis updated Nov 10, 2026, 6:00 PM ET
Why is Arhaus, Inc. Class A Common Stock (ARHS) stock moving?
Arhaus (ARHS) has risen about 29% from $11.53 on Oct 22 to $14.89 on Nov 10, with the sharpest gains after Q3 results on Nov 5. The quarter was mixed: corrected EPS of $0.05 missed the $0.09 estimate, and sales of $368.1M came in just below the $370.6M consensus, though revenue grew 6.8% year over year. Management raised FY2026 sales guidance to $1.465B-$1.485B, above the $1.462B estimate, and guided Q4 sales to $398M-$418M versus $392.9M expected. Volume surged on Nov 5 and 6 (4.35M and 4.93M shares, against 1.2M-3.6M on earlier days), and the stock gained 9.7% on Nov 6 and 5.9% on Nov 9 as Telsey (Market Perform, $14 target), TD Cowen (Buy, $16) and Guggenheim (Buy, $17) raised their price targets. On Nov 10 the stock faded from a $15.17 intraday high to close at $14.89 on lower volume (2.14M), still near the top of its recent range and about 14% below Guggenheim's $17 target. The main counterpoints are the EPS miss, the Market Perform rating from Telsey, and a rally that has already moved well ahead of the earlier price targets.
News behind the analysis
- Guggenheim Maintains Buy on Arhaus, Raises Price Target to $17Guggenheim kept its Buy rating on Arhaus and raised its price target to $17.
- TD Cowen Maintains Buy on Arhaus, Raises Price Target to $16TD Cowen reiterated its Buy rating and raised its price target to $16.
- Telsey Advisory Group Raises Arhaus Price Target to $14Telsey kept its Market Perform rating on Arhaus and raised its price target from $12 to $14.
- Telsey Advisory Group Maintains Market Perform on Arhaus, Raises Price Target to $14Telsey maintained its Market Perform rating and lifted its price target to $14 after the Q3 report.
- Arhaus, Inc. Reports Third Quarter 2026 Financial ResultsQ3 2026 net revenue was $368 million, up 6.8% year over year.
- Arhaus Q3 2026 Earnings Call TranscriptTranscript of the company's Q3 2026 earnings call, held after the November 5 results release.
- CORRECTION: Arhaus Q3 EPS $0.05 Misses $0.09 Estimate, Sales $368.116M Miss $370.601M EstimateCorrected figures show Q3 EPS of $0.05 against a $0.09 estimate, and sales of $368.1M against $370.6M expected.
- Arhaus Sees Q4 Sales $398.000M-$418.000M vs $392.907M EstQ4 sales guidance of $398M to $418M sits above the $392.9M consensus estimate.
- Arhaus Raises FY2026 Sales Guidance from $1.430B-$1.470B to $1.465B-$1.485B vs $1.462B EstFull-year 2026 sales guidance was raised to $1.465B-$1.485B, above the $1.462B estimate.
About Arhaus, Inc. Class A Common Stock
Arhaus is a premium US home furnishings retailer, based in Ohio, that sells artisan-crafted, responsibly sourced furniture and décor through its showrooms and website. It is marking its 40th year in 2026 and is known for heirloom-style designs, lots of ways to customize products (hundreds of fabrics and leathers, made-to-order stone), and a growing network of large showrooms. As of mid-2026 it had no long-term debt.
How it makes money
Almost all of its revenue comes from selling furniture and home décor (upholstery, dining, bedroom, outdoor, lighting, rugs and accessories) to affluent shoppers. It sells through about 100 showrooms and through its website and catalogs; showrooms bring in most sales and online makes up a smaller but meaningful share. For 2026 the company expects net revenue of roughly $1.47–1.49 billion and net income of roughly $71–80 million. It reports both 'written' sales (orders placed) and 'delivered' sales (revenue it records once products reach the customer).
What usually moves ARHS
- Housing market activity and home sales
- Spending by high-income consumers
- Tariffs and sourcing costs on imported goods
- Comparable written and delivered sales trends
- New showroom openings and expansions