Levi Strauss & Co. (NYSE:LEVI) Price Target Cut to $33.00 by Analysts at JPMorgan Chase & Co.

Posted by Geri Gentry on Oct 8th, 2026

Levi Strauss & Co. (NYSE:LEVI – Get Free Report) had its price objective dropped by research analysts at JPMorgan Chase & Co. from $34.00 to $33.00 in a report released on Thursday, Benzinga reports. The brokerage presently has an “overweight” rating on the blue-jean maker’s stock. JPMorgan Chase & Co.‘s target price would indicate a potential upside of 73.53% from the stock’s previous close.

Several other equities research analysts also recently issued reports on the company. Bank of America cut their price objective on Levi Strauss & Co. from $27.00 to $25.00 and set a “buy” rating on the stock in a report on Thursday. Citigroup dropped their target price on Levi Strauss & Co. from $25.00 to $22.00 and set a “neutral” rating for the company in a research report on Wednesday, September 30th. Needham & Company LLC reiterated a “buy” rating and set a $28.00 price target on shares of Levi Strauss & Co. in a research note on Thursday. Barclays reduced their price target on shares of Levi Strauss & Co. from $27.00 to $26.00 and set an “overweight” rating on the stock in a research report on Thursday. Finally, Telsey Advisory Group raised their price objective on shares of Levi Strauss & Co. from $27.00 to $30.00 and gave the company an “outperform” rating in a research note on Thursday, July 2nd. Eleven investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $26.15.

Read Our Latest Stock Analysis on LEVI

Levi Strauss & Co. Trading Down 2.5%

Levi Strauss & Co. stock traded down $0.49 during trading on Thursday, hitting $19.02. The company had a trading volume of 13,683,106 shares, compared to its average volume of 2,780,595. The stock has a market cap of $7.32 billion, a price-to-earnings ratio of 11.74, a price-to-earnings-growth ratio of 1.35 and a beta of 1.32. The company has a current ratio of 1.60, a quick ratio of 0.98 and a debt-to-equity ratio of 0.46. Levi Strauss & Co. has a 1-year low of $17.72 and a 1-year high of $25.70. The company’s 50 day simple moving average is $21.30 and its 200-day simple moving average is $22.14.

Levi Strauss & Co. (NYSE:LEVI – Get Free Report) last released its quarterly earnings results on Wednesday, October 7th. The blue-jean maker reported $0.48 EPS for the quarter, topping analysts’ consensus estimates of $0.36 by $0.12. Levi Strauss & Co. had a return on equity of 25.79% and a net margin of 9.66%.The company had revenue of $1.61 billion for the quarter, compared to analysts’ expectations of $1.62 billion. During the same period in the prior year, the firm earned $0.34 earnings per share. The firm’s revenue was up 4.3% compared to the same quarter last year. Levi Strauss & Co. has set its FY 2026 guidance at 1.540-1.560 EPS. As a group, analysts expect that Levi Strauss & Co. will post 1.54 EPS for the current fiscal year.

Insider Buying and Selling

In other Levi Strauss & Co. news, EVP Harmit Singh sold 98,144 shares of the company’s stock in a transaction dated Thursday, July 23rd. The stock was sold at an average price of $24.22, for a total transaction of $2,377,047.68. Following the sale, the executive vice president owned 98,747 shares in the company, valued at $2,391,652.34. This represents a 49.85% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 1.08% of the stock is owned by insiders.

Hedge Funds Weigh In On Levi Strauss & Co.

Several hedge funds and other institutional investors have recently made changes to their positions in LEVI. Envestnet Asset Management Inc. grew its position in shares of Levi Strauss & Co. by 8.1% during the second quarter. Envestnet Asset Management Inc. now owns 392,152 shares of the blue-jean maker’s stock worth $9,737,000 after buying an additional 29,501 shares in the last quarter. State Street Corp increased its stake in shares of Levi Strauss & Co. by 7.6% during the second quarter. State Street Corp now owns 983,097 shares of the blue-jean maker’s stock worth $24,410,000 after buying an additional 69,437 shares during the period. The Manufacturers Life Insurance Company raised its holdings in Levi Strauss & Co. by 0.5% in the second quarter. The Manufacturers Life Insurance Company now owns 1,644,561 shares of the blue-jean maker’s stock valued at $40,834,000 after acquiring an additional 7,827 shares in the last quarter. Engineers Gate Manager LP raised its holdings in Levi Strauss & Co. by 74.3% in the second quarter. Engineers Gate Manager LP now owns 811,600 shares of the blue-jean maker’s stock valued at $20,152,000 after acquiring an additional 345,855 shares in the last quarter. Finally, Integrated Wealth Concepts LLC acquired a new stake in Levi Strauss & Co. in the second quarter valued at approximately $127,000. Hedge funds and other institutional investors own 69.14% of the company’s stock.

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 roughly $0.35–$0.36 analyst consensus, while earnings increased from $0.34 a year earlier. Revenue rose 4.3% year over year to $1.61 billion, supported by international and wholesale strength. Levi Strauss Earnings Report
Positive Sentiment: The company raised fiscal 2026 adjusted EPS guidance to $1.54–$1.56 from $1.46–$1.52, helped by approximately $80 million in tariff refunds. Management expects to reinvest much of the benefit into the business, support buybacks and strengthen its balance sheet. Levi Raises Profit Guidance
Positive Sentiment: Levi announced a quarterly dividend of $0.16 per share, equivalent to $0.64 annually and a reported 3.4% yield. Needham reaffirmed a Buy rating with a $28 price target, while unusually high call-option activity suggested increased bullish speculation. Levi Dividend Announcement
Neutral Sentiment: Barclays cut its price target to $26 but retained an Overweight rating; Wells Fargo reduced its target to $20 and maintained Equal Weight. The changes indicate analysts see potential value but remain cautious about near-term execution.
Negative Sentiment: The main pressure on the stock was softer DTC growth—reported at approximately 2%—particularly amid continued U.S. consumer weakness. The quarterly revenue result also missed consensus estimates, and management guided to roughly $6.7 billion of fiscal-year revenue versus a $6.8 billion analyst estimate. Levi Margin Outlook and DTC Growth
Negative Sentiment: Investors also appear concerned that tariff refunds are a temporary earnings benefit, while higher expenses and margin pressure could limit sustainable profit growth. The mixed results therefore overshadowed the EPS beat and guidance increase.

Levi Strauss & Co. Company Profile

(Get Free Report)

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.