Ollie’s Bargain Outlet Holdings, Inc. (NASDAQ:OLLI) Receives $107.29 Consensus Price Target from Brokerages

Ollie’s Bargain Outlet Holdings, Inc. (NASDAQ:OLLI) has received an average recommendation of “Moderate Buy” from the seventeen analysts that are covering the stock, MarketBeat Ratings reports. Four investment analysts have rated the stock with a hold recommendation and thirteen have issued a buy recommendation on the company. The average 1 year price target among analysts that have covered the stock in the last year is $102.5714.

Several equities analysts have commented on OLLI shares. Royal Bank Of Canada raised their target price on shares of Ollie’s Bargain Outlet from $121.00 to $124.00 and gave the company an “outperform” rating in a research note on Thursday. Loop Capital restated a “buy” rating and issued a $135.00 target price on shares of Ollie’s Bargain Outlet in a research report on Thursday, June 4th. The Goldman Sachs Group decreased their price target on Ollie’s Bargain Outlet from $112.00 to $100.00 and set a “buy” rating for the company in a research note on Thursday. Craig Hallum reiterated a “buy” rating and set a $120.00 price target on shares of Ollie’s Bargain Outlet in a research report on Thursday. Finally, Piper Sandler set a $98.00 price objective on Ollie’s Bargain Outlet in a research note on Thursday.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of OLLI. Cornerstone Planning Group LLC grew its stake in shares of Ollie’s Bargain Outlet by 218.8% in the 4th quarter. Cornerstone Planning Group LLC now owns 255 shares of the company’s stock worth $27,000 after purchasing an additional 175 shares during the last quarter. Allworth Financial LP boosted its holdings in Ollie’s Bargain Outlet by 301.8% during the third quarter. Allworth Financial LP now owns 221 shares of the company’s stock worth $28,000 after buying an additional 166 shares in the last quarter. Northwestern Mutual Wealth Management Co. boosted its holdings in Ollie’s Bargain Outlet by 49.2% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 279 shares of the company’s stock worth $31,000 after buying an additional 92 shares in the last quarter. CENTRAL TRUST Co grew its position in Ollie’s Bargain Outlet by 131.6% in the first quarter. CENTRAL TRUST Co now owns 477 shares of the company’s stock worth $44,000 after buying an additional 271 shares during the last quarter. Finally, Root Financial Partners LLC grew its position in Ollie’s Bargain Outlet by 190.5% in the first quarter. Root Financial Partners LLC now owns 488 shares of the company’s stock worth $45,000 after buying an additional 320 shares during the last quarter.

Ollie’s Bargain Outlet Price Performance

Shares of Ollie’s Bargain Outlet stock opened at $73.69 on Tuesday. Ollie’s Bargain Outlet has a 1-year low of $60.29 and a 1-year high of $139.21. The business’s fifty day moving average price is $72.28 and its two-hundred day moving average price is $84.19. The company has a market capitalization of $4.45 billion, a P/E ratio of 16.45, a PEG ratio of 1.28 and a beta of 0.50.

Ollie’s Bargain Outlet (NASDAQ:OLLI) last released its quarterly earnings results on Wednesday, September 2nd. The company reported $1.42 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.12 by $0.30. Ollie’s Bargain Outlet had a return on equity of 14.54% and a net margin of 9.79%.The company had revenue of $741.31 million during the quarter, compared to analysts’ expectations of $747.71 million. During the same quarter in the prior year, the business posted $0.99 earnings per share. The company’s revenue for the quarter was up 9.1% compared to the same quarter last year. Ollie’s Bargain Outlet has set its FY 2026 guidance at 4.570-4.650 EPS. On average, research analysts expect that Ollie’s Bargain Outlet will post 4.53 earnings per share for the current fiscal year.

Key Stories Impacting Ollie’s Bargain Outlet

Here are the key news stories impacting Ollie’s Bargain Outlet this week:

• Positive Sentiment: Second-quarter adjusted EPS was $1.42, well above the $1.12-$1.14 consensus and up from $0.99 a year earlier. Revenue increased 9.1% year over year to $741.3 million. Ollie’s Second-Quarter Fiscal 2026 Results
• Positive Sentiment: Ollie’s raised its fiscal 2026 adjusted EPS outlook to $4.57-$4.65, above the roughly $4.52 consensus, as tariff refunds helped lift margins and earnings. OLLI Q2 Earnings Beat Estimates on Tariff Refunds
• Positive Sentiment: Royal Bank of Canada raised its price target to $124 and rated the stock “outperform.” Jefferies also maintained a “buy” rating, while Goldman Sachs, Piper Sandler and Wells Fargo retained positive ratings with targets ranging from $90 to $100.
• Positive Sentiment: The company opened 15 stores during the quarter, is targeting 75 new locations for fiscal 2026 and reported 12.7% growth in its Ollie’s Army loyalty program, supporting longer-term expansion.
• Neutral Sentiment: Analyst opinion remains constructive but more cautious: Goldman Sachs, Piper Sandler and Morgan Stanley lowered their price targets, although the revised targets still imply substantial upside. Morgan Stanley moved to an “equal weight” rating.
• Negative Sentiment: Revenue fell short of expectations, comparable-store sales declined 1.8%, and management’s fiscal 2026 sales outlook of approximately $2.928-$2.941 billion is below the roughly $3.0 billion consensus. Ollie’s Raises Earnings Outlook Despite Sluggish Sales
• Negative Sentiment: Ollie’s plans to invest $15 million in lower prices, which could pressure near-term margins even as it seeks to improve customer traffic and remain competitive. Ollie’s to Invest $15 Million in Lower Prices

Ollie’s Bargain Outlet Company Profile

Ollie’s Bargain Outlet is an American discount retailer specializing in closeout merchandise and surplus inventory across a broad range of categories. The company operates a no-frills retail format that offers branded and private-label products at significant markdowns. Its merchandise mix typically includes housewares, electronics, health and beauty items, food products, beauty supplies, books, toys, and seasonal goods.

Founded in 1982 by Oliver E. “Ollie” Rosenberg, the company is headquartered in Harrisburg, Pennsylvania.