The RealReal's turnaround story

The real stock went up 40% after reporting earnings and has doubled since we first recommended buying it. We continue to rate it as a buy.

1. Improved Financial Performance Strengthened Balance Sheet Strategic Focus on Core Business Technology Investments

2. The company reported positive adjusted EBITDA and positive free cash flow for the first time since going public in 2019. This shows improvements in operating efficiency and financial health that could attract more investors and help grow market share and profit margins.