Wall Street Zen upgraded shares of LuxExperience B.V. (NYSE:LUXE – Free Report) from a strong sell rating to a sell rating in a research report report published on Saturday morning,Wall Street Zen reports.
Several other research firms also recently commented on LUXE. Zacks Research downgraded shares of LuxExperience B.V. from a “hold” rating to a “strong sell” rating in a report on Wednesday. Weiss Ratings raised shares of LuxExperience B.V. from a “hold (c-)” rating to a “hold (c)” rating in a report on Friday, September 11th. JPMorgan Chase & Co. boosted their target price on shares of LuxExperience B.V. from $9.00 to $10.00 and gave the company a “neutral” rating in a research report on Thursday. B. Riley Financial upped their price target on shares of LuxExperience B.V. from $12.00 to $13.00 and gave the company a “buy” rating in a report on Thursday. Finally, TD Cowen increased their price target on LuxExperience B.V. from $8.00 to $9.00 and gave the stock a “buy” rating in a research report on Wednesday, August 19th. Two analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $10.25.
Get Our Latest Analysis on LuxExperience B.V.
LuxExperience B.V. Price Performance
Institutional Investors Weigh In On LuxExperience B.V.
A number of hedge funds and other institutional investors have recently made changes to their positions in the company. Solas Capital Management LLC purchased a new position in shares of LuxExperience B.V. during the 2nd quarter valued at approximately $2,560,000. Engineers Gate Manager LP boosted its holdings in LuxExperience B.V. by 212.2% during the second quarter. Engineers Gate Manager LP now owns 65,245 shares of the company’s stock worth $485,000 after buying an additional 44,345 shares in the last quarter. Bank of America Corp DE boosted its holdings in LuxExperience B.V. by 2,291.9% during the first quarter. Bank of America Corp DE now owns 17,054 shares of the company’s stock worth $136,000 after buying an additional 16,341 shares in the last quarter. Stoic Point Capital Management LLC grew its position in LuxExperience B.V. by 58.8% during the first quarter. Stoic Point Capital Management LLC now owns 1,640,509 shares of the company’s stock valued at $13,124,000 after buying an additional 607,240 shares during the period. Finally, Royal Bank of Canada grew its position in LuxExperience B.V. by 12.0% during the first quarter. Royal Bank of Canada now owns 127,621 shares of the company’s stock valued at $1,020,000 after buying an additional 13,664 shares during the period. Institutional investors and hedge funds own 10.07% of the company’s stock.
LuxExperience B.V. News Summary
Here are the key news stories impacting LuxExperience B.V. this week:
- Positive Sentiment: Strong quarterly performance and long-term targets: All business segments reportedly exceeded expectations in the fourth quarter. MyTheresa delivered 10.2% sales growth and a 13.1% increase in average order value, while NET-A-PORTER moved closer to breakeven. Management is targeting €4 billion in annual sales, a 7%–9% adjusted EBITDA margin and breakeven by fiscal 2028, supporting the investment case. LuxExperience: My Old Thesis Just Got Dressed
- Positive Sentiment: Higher price target from B. Riley: B. Riley raised its target from $12 to $13 and maintained a Buy rating, indicating substantial potential upside from recent trading levels. The firm’s view adds support to the bullish reaction following the earnings update. B. Riley raises LuxExperience price target
- Positive Sentiment: Improving financial flexibility: LuxExperience expects to hold €200 million–€300 million in cash by fiscal 2030 and has authorization for share repurchases, which could provide additional support for shareholder returns if execution improves.
- Neutral Sentiment: JPMorgan raised its target but remains cautious: JPMorgan increased its price target from $9 to $10 while retaining a Neutral rating, suggesting the bank sees limited near-term upside after the recent advance. JPMorgan raises LuxExperience price target
- Negative Sentiment: Zacks downgrade: Zacks Research cut LuxExperience from Hold to Strong Sell, highlighting the market’s continued concern over execution risk, losses and the company’s path to sustained profitability.
LuxExperience B.V. Company Profile
LuxExperience B.V. is a global luxury e-commerce company operating digital platforms that connect consumers with premium fashion, accessories, beauty products and lifestyle goods. Its portfolio includes Mytheresa, NET-A-PORTER, MR PORTER, YOOX and THE OUTNET, offering products from a broad range of established luxury and designer brands.
The company serves customers internationally through localized websites and mobile experiences, providing online shopping, curated product selection, editorial content, customer service and related digital retail services.
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