Levi Strauss & Co. (NYSE:LEVI) is a renowned apparel company, famous for its iconic denim products. It operates globally, offering a diverse range of clothing and accessories under brands like Levi's, Dockers, and Denizen. The company reaches consumers through various channels, including third-party retailers, e-commerce, and its own stores, ensuring a strong retail presence worldwide.
The current consensus target price for Levi's stock has shown a gradual increase over time. Last month's average target price was $26.67, up from $26.25 in the previous quarter. This slight rise indicates a modest positive sentiment among analysts, as highlighted by the recent adjustments in forecasts by Wall Street analysts, including Jim Duffy from Stifel Nicolaus, who set a price target of $26.
Over the past year, the average target price has risen from $25.40 to $26.67. This increase reflects growing confidence in Levi Strauss & Co.'s performance and potential growth. Analysts have become more optimistic about the company's prospects, as evidenced by the upcoming third-quarter earnings report, which is expected to provide insights into the company's financial health.
Levi Strauss & Co. is set to announce its third-quarter earnings results on October 9, 2025. Analysts predict adjusted earnings of 31 cents per share and revenue of $1.5 billion. This forecast suggests a 6% decline in earnings compared to the previous year, where earnings were 33 cents per share, and a 1% decrease in sales from last year's $1.52 billion.
Investors and analysts will closely watch the upcoming earnings report, as it could significantly influence target prices and investor sentiment. The apparel industry is subject to changing consumer preferences and economic conditions, and Levi Strauss & Co.'s ability to adapt to these trends can impact its stock performance and target prices.
