Levi Strauss & Co. (NYSE:LEVI – Get Free Report)‘s stock had its “buy” rating reaffirmed by investment analysts at Needham & Company LLC in a report released on Thursday, Benzinga reports. They currently have a $28.00 price objective on the blue-jean maker’s stock. Needham & Company LLC’s price target would suggest a potential upside of 48.66% from the company’s previous close.
LEVI has been the topic of several other research reports. JPMorgan Chase & Co. upped their price objective on shares of Levi Strauss & Co. from $33.00 to $34.00 and gave the company an “overweight” rating in a research note on Tuesday, August 4th. Raymond James Financial restated an “outperform” rating and set a $22.00 price target on shares of Levi Strauss & Co. in a research note on Thursday. Bank of America dropped their price target on shares of Levi Strauss & Co. from $27.00 to $25.00 and set a “buy” rating on the stock in a research note on Thursday. Weiss Ratings restated a “buy (b-)” rating on shares of Levi Strauss & Co. in a research note on Monday, August 3rd. Finally, UBS Group restated a “buy” rating on shares of Levi Strauss & Co. in a research note on Wednesday, September 23rd. Eleven analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $26.23.
View Our Latest Stock Analysis on LEVI
Levi Strauss & Co. Trading Down 3.5%
Levi Strauss & Co. (NYSE:LEVI – Get Free Report) last released its quarterly earnings data on Wednesday, October 7th. The blue-jean maker reported $0.48 earnings per share for the quarter, beating the consensus estimate of $0.36 by $0.12. The firm 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%. The company’s revenue for the quarter was up 4.3% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.34 EPS. Levi Strauss & Co. has set its FY 2026 guidance at 1.540-1.560 EPS. On average, equities research analysts forecast that Levi Strauss & Co. will post 1.54 EPS for the current year.
Insider Activity
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 transaction of $2,377,047.68. Following the transaction, the executive vice president owned 98,747 shares of the company’s stock, valued at $2,391,652.34. This trade represents a 49.85% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, 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.
Institutional investors have recently made changes to their positions in the business. Fund 1 Investments LLC acquired a new position in shares of Levi Strauss & Co. in the second quarter valued at approximately $3,318,000. Engineers Gate Manager LP grew its position in shares of Levi Strauss & Co. by 74.3% during the 2nd quarter. Engineers Gate Manager LP now owns 811,600 shares of the blue-jean maker’s stock worth $20,152,000 after buying an additional 345,855 shares during the period. Jones Financial Companies Lllp grew its position in shares of Levi Strauss & Co. by 42.8% during the 2nd quarter. Jones Financial Companies Lllp now owns 180,423 shares of the blue-jean maker’s stock worth $4,428,000 after buying an additional 54,107 shares during the period. Hsbc Holdings PLC acquired a new stake in shares of Levi Strauss & Co. during the 4th quarter worth approximately $1,887,000. Finally, Susquehanna Fundamental Investments LLC acquired a new stake in shares of Levi Strauss & Co. during the 2nd quarter worth approximately $2,203,000. Institutional investors own 69.14% of the company’s stock.
Levi Strauss & Co. News Roundup
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, as wider margins improved profitability. Levi Strauss beats third-quarter profit estimates as margins widen
- Positive Sentiment: The company raised fiscal 2026 adjusted EPS guidance to $1.54-$1.56, from $1.46-$1.52 previously. The outlook benefited from approximately $80 million in tariff refunds, which Levi plans to largely reinvest in the business. Levi Strauss hikes profit guidance after tariff refunds
- Positive Sentiment: International and wholesale operations, along with lifestyle categories such as Beyond Yoga, delivered stronger growth. Management also cited an AI shopping assistant as a potential catalyst for its direct-to-consumer business. Levi tariff refunds and AI shopping assistant
- Positive Sentiment: Levi declared a quarterly dividend of $0.16 per share, equivalent to $0.64 annually and a stated yield of about 3.4%. Levi Strauss quarterly dividend
- Neutral Sentiment: Analyst views remain mixed: Needham reaffirmed a Buy rating with a $28 target, while Wells Fargo cut its target to $20 and maintained an Equal Weight rating.
- Negative Sentiment: Third-quarter revenue of $1.61 billion missed the $1.62 billion consensus, although it increased 4.3% year over year. Direct-to-consumer revenue growth was only 2%, with continued U.S. consumer and traffic pressure. Levi Strauss stock falls on mixed financial results
- Negative Sentiment: Levi forecast fiscal 2026 revenue of approximately $6.7 billion, below the roughly $6.8 billion analyst expectation, and reduced its sales-growth outlook to the low end of its prior range. The earnings guidance increase therefore appears partly dependent on tariff refunds rather than stronger underlying sales.
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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