Levi Strauss & Co. (NYSE:LEVI – Get Free Report)‘s stock had its “buy” rating reaffirmed by equities researchers at Needham & Company LLC in a research report issued to clients and investors on Thursday, Benzinga reports. They presently have a $28.00 price target on the blue-jean maker’s stock. Needham & Company LLC’s target price suggests a potential upside of 47.24% from the stock’s previous close.
LEVI has been the topic of a number of other research reports. Jefferies Financial Group dropped their target price on Levi Strauss & Co. from $27.00 to $25.00 and set a “buy” rating on the stock in a report on Thursday, October 1st. Telsey Advisory Group raised their target price on Levi Strauss & Co. from $27.00 to $30.00 and gave the company an “outperform” rating in a report on Thursday, July 2nd. Bank of America dropped their target price on Levi Strauss & Co. from $27.00 to $25.00 and set a “buy” rating on the stock in a report on Thursday. Weiss Ratings restated a “buy (b-)” rating on shares of Levi Strauss & Co. in a report on Monday, August 3rd. Finally, Wall Street Zen lowered Levi Strauss & Co. from a “strong-buy” rating to a “buy” rating in a report on Saturday, October 3rd. Eleven investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. Based on data from MarketBeat, Levi Strauss & Co. presently has an average rating of “Moderate Buy” and an average target price of $26.23.
Read Our Latest Stock Analysis on Levi Strauss & Co.
Levi Strauss & Co. Stock Down 2.5%
Levi Strauss & Co. (NYSE:LEVI – Get Free Report) last announced its quarterly earnings data on Wednesday, October 7th. The blue-jean maker reported $0.48 EPS for the quarter, beating 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 firm had revenue of $1.61 billion during the quarter, compared to analysts’ expectations of $1.62 billion. During the same quarter last year, the firm posted $0.34 earnings per share. The company’s revenue for the quarter 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. On average, sell-side 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 on 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 directly owned 98,747 shares in the company, valued at approximately $2,391,652.34. This trade represents a 49.85% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 1.08% of the company’s stock.
Institutional Trading of Levi Strauss & Co.
Hedge funds have recently bought and sold shares of the business. Envestnet Asset Management Inc. raised its stake in shares of Levi Strauss & Co. by 8.1% in the second quarter. Envestnet Asset Management Inc. now owns 392,152 shares of the blue-jean maker’s stock valued at $9,737,000 after buying an additional 29,501 shares during the period. State Street Corp raised its stake in shares of Levi Strauss & Co. by 7.6% in the second quarter. State Street Corp now owns 983,097 shares of the blue-jean maker’s stock valued at $24,410,000 after buying an additional 69,437 shares during the period. The Manufacturers Life Insurance Company raised its stake in shares of 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 buying an additional 7,827 shares during the period. Engineers Gate Manager LP raised its stake in shares of 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 buying an additional 345,855 shares during the period. Finally, Integrated Wealth Concepts LLC bought a new stake in shares of Levi Strauss & Co. in the second quarter valued at $127,000. 69.14% of the stock is currently owned by institutional investors.
Levi Strauss & Co. News Summary
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
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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