Why Did Revolve Group Stock Soar 12.48%?

On April 8, 2025, Revolve Group's stock surged by 12.48% in pre-market trading, marking a significant rise in investor confidence.

Jefferies analysts upgraded Revolve's stock rating from Hold to Buy, citing the company's strong performance and growth potential. This upgrade contributed to the stock's morning session jump, reflecting positive market sentiment towards the online fashion retailer.

Revolve Group has also announced its 8th Annual REVOLVE Festival, scheduled for April 12, 2025. The star-studded event, featuring performances by prominent artists, is expected to further boost the company's brand visibility and customer engagement.

Additionally, Revolve has partnered with Affirm to offer a buy now, pay later (BNPL) option for its customers. This collaboration aims to streamline the shopping experience and attract a broader range of consumers, potentially driving sales growth.