Levi Strauss & Co. (NYSE:LEVI) Price Target Cut to $26.00 by Analysts at Barclays

Levi Strauss & Co. (NYSE:LEVI) had its price target lowered by Barclays from $27.00 to $26.00 in a report issued on Thursday, Benzinga reports. The brokerage presently has an “overweight” rating on the blue-jean maker’s stock. Barclays‘s price objective suggests a potential upside of 38.14% from the stock’s previous close.

Several other brokerages have also recently weighed in on LEVI. Wells Fargo & Company lowered their target price on Levi Strauss & Co. from $25.00 to $20.00 and set an “equal weight” rating for the company in a report on Thursday. Citigroup cut their price target on Levi Strauss & Co. from $25.00 to $22.00 and set a “neutral” rating on the stock in a research note on Wednesday, September 30th. Bank of America decreased their price objective on Levi Strauss & Co. from $27.00 to $25.00 and set a “buy” rating for the company in a report on Thursday. JPMorgan Chase & Co. upped their price objective on shares of Levi Strauss & Co. from $33.00 to $34.00 and gave the stock an “overweight” rating in a research note on Tuesday, August 4th. Finally, BTIG Research reiterated a “buy” rating and set a $27.00 target price on shares of Levi Strauss & Co. in a report on Thursday. Eleven investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $26.23.

Levi Strauss & Co. Trading Down 3.5%

Shares of Levi Strauss & Co. stock traded down $0.69 on Thursday, hitting $18.82. 5,093,033 shares of the company traded hands, compared to its average volume of 2,732,731. The company has a current ratio of 1.60, a quick ratio of 0.98 and a debt-to-equity ratio of 0.46. The company has a market cap of $7.24 billion, a PE ratio of 11.62, a PEG ratio of 1.35 and a beta of 1.32. The stock’s 50 day moving average price is $21.30 and its 200-day moving average price is $22.14. Levi Strauss & Co. has a 52 week low of $17.72 and a 52 week high of $25.70.

Levi Strauss & Co. (NYSE:LEVI) last announced its quarterly earnings data on Wednesday, October 7th. The blue-jean maker reported $0.48 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.36 by $0.12. The company had revenue of $1.61 billion for 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 was up 4.3% compared to the same quarter last year. During the same quarter 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. Equities research analysts predict that Levi Strauss & Co. will post 1.54 EPS for the current year.

Insider Activity

In other news, EVP Harmit Singh sold 98,144 shares of the business’s stock in a transaction on Thursday, July 23rd. The stock was sold at an average price of $24.22, for a total value of $2,377,047.68. Following the completion of the transaction, the executive vice president directly owned 98,747 shares of the company’s stock, valued at approximately $2,391,652.34. The trade was a 49.85% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible 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 Investors Weigh In On Levi Strauss & Co.

A number of institutional investors have recently added to or reduced their stakes in the stock. Envestnet Asset Management Inc. grew its stake in 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 purchasing an additional 29,501 shares during the last quarter. State Street Corp boosted its holdings in shares of Levi Strauss & Co. by 7.6% in the 2nd 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 in the last quarter. The Manufacturers Life Insurance Company boosted its holdings in shares of Levi Strauss & Co. by 0.5% in the 2nd 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 in the last quarter. Engineers Gate Manager LP grew its position in shares of Levi Strauss & Co. by 74.3% in 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 last quarter. Finally, Integrated Wealth Concepts LLC purchased a new position in shares of Levi Strauss & Co. in the 2nd quarter worth approximately $127,000. Institutional investors own 69.14% of the company’s stock.

Key Stories Impacting Levi Strauss & Co.

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.