Levi Strauss & Co. (NYSE:LEVI) Stock Price Target Cut by Wells Fargo & Company

Levi Strauss & Co. (NYSE:LEVI) had its price target decreased by Wells Fargo & Company from $25.00 to $20.00 in a note issued to investors on Thursday, Benzinga reports. The brokerage presently has an “equal weight” rating on the blue-jean maker’s stock. Wells Fargo & Company‘s target price points to a potential upside of 6.01% from the stock’s current price.

Several other equities analysts have also issued reports on the company. Telsey Advisory Group raised their price objective on Levi Strauss & Co. from $27.00 to $30.00 and gave the stock an “outperform” rating in a report on Thursday, July 2nd. Barclays boosted their price objective on shares of Levi Strauss & Co. from $26.00 to $27.00 and gave the stock an “overweight” rating in a report on Friday, July 10th. BTIG Research restated a “buy” rating and set a $27.00 target price on shares of Levi Strauss & Co. in a report on Thursday. Needham & Company LLC restated a “buy” rating and set a $28.00 target price on shares of Levi Strauss & Co. in a research report on Thursday. Finally, JPMorgan Chase & Co. boosted their price target on Levi Strauss & Co. from $33.00 to $34.00 and gave the company an “overweight” rating in a research report on Tuesday, August 4th. 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 currently has an average rating of “Moderate Buy” and a consensus price target of $26.31.

Levi Strauss & Co. Trading Down 3.3%

Shares of LEVI stock traded down $0.64 during trading on Thursday, hitting $18.87. 3,061,735 shares of the stock traded hands, compared to its average volume of 2,720,264. Levi Strauss & Co. has a 52-week low of $17.72 and a 52-week high of $25.70. The firm’s fifty day moving average price is $21.30 and its 200-day moving average price is $22.14. The firm has a market capitalization of $7.26 billion, a P/E ratio of 11.66, a price-to-earnings-growth ratio of 1.35 and a beta of 1.32. The company has a debt-to-equity ratio of 0.46, a current ratio of 1.60 and a quick ratio of 0.98.

Levi Strauss & Co. (NYSE:LEVI) last released its quarterly earnings results on Wednesday, October 7th. The blue-jean maker reported $0.48 EPS for the quarter, topping the consensus estimate of $0.36 by $0.12. The business had revenue of $1.61 billion during the quarter, compared to analyst estimates of $1.62 billion. Levi Strauss & Co. had a return on equity of 25.79% and a net margin of 9.66%.The company’s quarterly revenue was up 4.3% on a year-over-year basis. During the same period last year, the business posted $0.34 earnings per share. Levi Strauss & Co. has set its FY 2026 guidance at 1.540-1.560 EPS. As a group, research analysts forecast that Levi Strauss & Co. will post 1.54 earnings per share for the current fiscal year.

Insider Buying and Selling

In other news, EVP Harmit Singh sold 98,144 shares of Levi Strauss & Co. stock in a transaction that occurred on Thursday, July 23rd. The stock was sold at an average price of $24.22, for a total transaction of $2,377,047.68. Following the sale, the executive vice president 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 ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. 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.

Hedge funds have recently added to or reduced their stakes in the business. Nykredit A S acquired a new position in shares of Levi Strauss & Co. during the second quarter valued at $36,000. Essential Partners LLC grew its position in Levi Strauss & Co. by 42.1% in the 2nd quarter. Essential Partners LLC now owns 1,795 shares of the blue-jean maker’s stock valued at $45,000 after buying an additional 532 shares in the last quarter. Caitong International Asset Management Co. Ltd increased its stake in Levi Strauss & Co. by 417,900.0% during the 4th quarter. Caitong International Asset Management Co. Ltd now owns 4,180 shares of the blue-jean maker’s stock valued at $87,000 after buying an additional 4,179 shares during the period. Integrated Wealth Concepts LLC acquired a new position in Levi Strauss & Co. during the 2nd quarter valued at about $127,000. Finally, Vise Technologies Inc. bought a new stake in shares of Levi Strauss & Co. during the 2nd quarter worth about $205,000. Institutional investors own 69.14% of the company’s stock.

Trending Headlines about 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. Stronger margins and international and wholesale growth supported profitability. Levi Strauss & Co. Reports Third-Quarter Results
• Positive Sentiment: The company raised fiscal 2026 adjusted EPS guidance to $1.54-$1.56 from $1.46-$1.52, helped partly by tariff refunds. The refund is expected to provide approximately $80 million, although most of the benefit is being reinvested in the business. Levi Strauss Raises Earnings Outlook
• Positive Sentiment: Needham reaffirmed its Buy rating and assigned a $28 price target, implying substantial upside from the referenced trading level.
• Positive Sentiment: Levi Strauss declared a quarterly dividend of $0.16 per share, or $0.64 annualized, representing a yield of approximately 3.3% at the referenced price.
• Neutral Sentiment: Management is investing tariff-refund proceeds in its direct-to-consumer business and an AI shopping assistant, which could support longer-term digital sales but adds execution risk.
• Negative Sentiment: Third-quarter revenue of $1.61 billion narrowly missed the $1.62 billion consensus, despite increasing 4.3% year over year. Fiscal 2026 revenue guidance of approximately $6.7 billion is below the $6.8 billion analyst estimate. Levi Strauss hikes profit guidance after tariff refunds
• Negative Sentiment: Direct-to-consumer revenue grew only 2%, with continued pressure in the U.S. This weakness, along with the sales outlook, appears to be outweighing the EPS beat and higher profit guidance for investors. Levi Strauss Reports Mixed Q3

About Levi Strauss & Co.

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.