Levi Strauss & Co. (NYSE:LEVI – Get Free Report)‘s stock had its “buy” rating reiterated by equities researchers at Needham & Company LLC in a report issued on Thursday, Benzinga reports. They presently have a $28.00 price target on the blue-jean maker’s stock. Needham & Company LLC’s price objective suggests a potential upside of 43.71% from the stock’s current price.
Other analysts have also recently issued reports about the stock. BTIG Research reaffirmed a “buy” rating and set a $27.00 target price on shares of Levi Strauss & Co. in a report on Thursday. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Levi Strauss & Co. in a report on Monday, August 3rd. Wall Street Zen cut shares of Levi Strauss & Co. from a “strong-buy” rating to a “buy” rating in a research note on Saturday, October 3rd. UBS Group reissued a “buy” rating on shares of Levi Strauss & Co. in a research note on Wednesday, September 23rd. Finally, Bank of America reduced their price objective on shares of Levi Strauss & Co. from $27.00 to $25.00 and set a “buy” rating for the company in a research note on Thursday. Eleven research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $26.69.
Read Our Latest Stock Report on LEVI
Levi Strauss & Co. Trading Down 5.1%
Levi Strauss & Co. (NYSE:LEVI – Get Free Report) last posted its quarterly earnings data on Wednesday, October 7th. The blue-jean maker reported $0.48 EPS for the quarter, topping the consensus estimate of $0.36 by $0.12. The business had revenue of $1.61 billion for the quarter, compared to analyst estimates of $1.62 billion. Levi Strauss & Co. had a net margin of 9.66% and a return on equity of 25.79%. Levi Strauss & Co.’s quarterly revenue was up 4.3% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.34 earnings per share. Levi Strauss & Co. has set its FY 2026 guidance at 1.540-1.560 EPS. As a group, analysts forecast that Levi Strauss & Co. will post 1.54 EPS for the current fiscal year.
Insider Buying and Selling
In related news, EVP Harmit Singh sold 98,144 shares of Levi Strauss & Co. stock in a transaction that occurred on Thursday, July 23rd. The shares were sold at an average price of $24.22, for a total value of $2,377,047.68. Following the completion of the sale, the executive vice president directly owned 98,747 shares in the company, valued at $2,391,652.34. This trade represents a 49.85% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 1.08% of the stock is owned by company insiders.
Institutional Trading of Levi Strauss & Co.
Institutional investors have recently bought and sold shares of the stock. Essential Partners LLC lifted its position in shares of Levi Strauss & Co. by 42.1% during the second quarter. Essential Partners LLC now owns 1,795 shares of the blue-jean maker’s stock worth $45,000 after purchasing an additional 532 shares in the last quarter. Figure 8 Investment Strategies LLC increased its stake in Levi Strauss & Co. by 1.6% in the second quarter. Figure 8 Investment Strategies LLC now owns 52,056 shares of the blue-jean maker’s stock valued at $1,293,000 after purchasing an additional 830 shares during the last quarter. EP Wealth Advisors LLC increased its stake in Levi Strauss & Co. by 6.1% in the second quarter. EP Wealth Advisors LLC now owns 15,136 shares of the blue-jean maker’s stock valued at $376,000 after purchasing an additional 867 shares during the last quarter. Nykredit A S purchased a new position in Levi Strauss & Co. in the second quarter valued at approximately $36,000. Finally, Legal & General Group Plc increased its stake in Levi Strauss & Co. by 2.4% in the second quarter. Legal & General Group Plc now owns 63,716 shares of the blue-jean maker’s stock valued at $1,582,000 after purchasing an additional 1,520 shares during the last quarter. 69.14% of the stock is currently owned by institutional investors and hedge funds.
More Levi Strauss & Co. News
Here are the key news stories impacting Levi Strauss & Co. this week:
- Positive Sentiment: Levi Strauss reported third-quarter adjusted EPS of $0.48, well above the $0.36 analyst consensus and up from $0.34 a year earlier. Stronger margins and international and wholesale growth supported profitability. Levi Strauss & Co. Reports Third-Quarter Results
- Positive Sentiment: The company raised fiscal 2026 adjusted EPS guidance to $1.54-$1.56 from $1.46-$1.52, helped partly by tariff refunds. The refund is expected to provide approximately $80 million, although most of the benefit is being reinvested in the business. Levi Strauss Raises Earnings Outlook
- Positive Sentiment: Needham reaffirmed its Buy rating and assigned a $28 price target, implying substantial upside from the referenced trading level.
- Positive Sentiment: Levi Strauss declared a quarterly dividend of $0.16 per share, or $0.64 annualized, representing a yield of approximately 3.3% at the referenced price.
- Neutral Sentiment: Management is investing tariff-refund proceeds in its direct-to-consumer business and an AI shopping assistant, which could support longer-term digital sales but adds execution risk.
- Negative Sentiment: Third-quarter revenue of $1.61 billion narrowly missed the $1.62 billion consensus, despite increasing 4.3% year over year. Fiscal 2026 revenue guidance of approximately $6.7 billion is below the $6.8 billion analyst estimate. Levi Strauss hikes profit guidance after tariff refunds
- Negative Sentiment: Direct-to-consumer revenue grew only 2%, with continued pressure in the U.S. This weakness, along with the sales outlook, appears to be outweighing the EPS beat and higher profit guidance for investors. Levi Strauss Reports Mixed Q3
About Levi Strauss & Co.
Levi Strauss & Co is an apparel company best known for its Levi’s brand of denim jeans and related clothing. Its product portfolio includes jeans, tops, bottoms, jackets, footwear, accessories and other casualwear for men, women and children.
Founded in 1853 and headquartered in San Francisco, California, the company also owns the Dockers, Beyond Yoga and Signature by Levi Strauss & Co brands. Levi Strauss & Co sells its products through company-operated stores, e-commerce platforms, wholesale partners and other distribution channels.
The company serves customers in North America, Europe, Asia and other international markets.
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