Levi Strauss & Co. (NYSE:LEVI – Get Free Report)‘s stock had its “buy” rating reaffirmed by analysts at Needham & Company LLC in a research note 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 target points to a potential upside of 47.76% from the stock’s current price.
Other equities analysts also recently issued reports about the stock. BTIG Research restated a “buy” rating and set a $27.00 price objective on shares of Levi Strauss & Co. in a research note on Thursday. Wells Fargo & Company restated an “equal weight” rating and set a $25.00 price objective on shares of Levi Strauss & Co. in a report on Tuesday, July 28th. Weiss Ratings reiterated a “buy (b-)” rating on shares of Levi Strauss & Co. in a research note on Monday, August 3rd. Telsey Advisory Group lifted their target price on Levi Strauss & Co. from $27.00 to $30.00 and gave the company an “outperform” rating in a research report on Thursday, July 2nd. Finally, Citigroup cut their price target on shares of Levi Strauss & Co. from $25.00 to $22.00 and set a “neutral” rating on the stock in a report on Wednesday, September 30th. Eleven equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $26.69.
Read Our Latest Research Report on LEVI
Levi Strauss & Co. Price Performance
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 earnings per share for the quarter, topping the consensus estimate of $0.36 by $0.12. The company had revenue of $1.61 billion during the quarter, compared to analysts’ expectations of $1.62 billion. Levi Strauss & Co. had a return on equity of 25.79% and a net margin of 9.66%.Levi Strauss & Co.’s revenue for the quarter was up 4.3% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.34 earnings per share. Levi Strauss & Co. has set its FY 2026 guidance at 1.540-1.560 EPS. Research analysts predict that Levi Strauss & Co. will post 1.54 earnings per share for the current fiscal year.
Insider Buying and Selling at Levi Strauss & Co.
In other Levi Strauss & Co. news, EVP Harmit Singh sold 98,144 shares of the firm’s 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 completion of the transaction, the executive vice president owned 98,747 shares of the company’s stock, 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 filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 1.08% of the company’s stock.
Institutional Trading of Levi Strauss & Co.
Institutional investors and hedge funds have recently modified their holdings of the company. Bank of New York Mellon Corp grew its holdings in Levi Strauss & Co. by 462.4% during the 1st quarter. Bank of New York Mellon Corp now owns 4,839,861 shares of the blue-jean maker’s stock valued at $89,489,000 after buying an additional 3,979,223 shares in the last quarter. Eastern Bank purchased a new position in Levi Strauss & Co. in the second quarter worth about $60,854,000. Dimensional Fund Advisors LP increased its stake in Levi Strauss & Co. by 8.7% during the first quarter. Dimensional Fund Advisors LP now owns 1,849,014 shares of the blue-jean maker’s stock worth $34,185,000 after acquiring an additional 148,174 shares during the last quarter. The Manufacturers Life Insurance Company raised its position in Levi Strauss & Co. by 0.5% during 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 purchasing an additional 7,827 shares during the period. Finally, Swedbank AB bought a new stake in shares of Levi Strauss & Co. in the 1st quarter valued at approximately $24,799,000. 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 $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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