Levi Strauss & Co. (NYSE:LEVI) Given New $20.00 Price Target at Wells Fargo & Company

Levi Strauss & Co. (NYSE:LEVI) had its target price reduced by stock analysts at Wells Fargo & Company from $25.00 to $20.00 in a research report issued to clients and investors on Thursday, Benzinga reports. The firm currently has an “equal weight” rating on the blue-jean maker’s stock. Wells Fargo & Company‘s price objective would suggest a potential upside of 6.01% from the company’s previous close.

A number of other analysts also recently commented on LEVI. Wall Street Zen downgraded shares of Levi Strauss & Co. from a “strong-buy” rating to a “buy” rating in a report on Saturday, October 3rd. Telsey Advisory Group lifted their price target on shares of Levi Strauss & Co. from $27.00 to $30.00 and gave the stock an “outperform” rating in a research report on Thursday, July 2nd. Needham & Company LLC reaffirmed a “buy” rating and issued a $28.00 price target on shares of Levi Strauss & Co. in a report on Thursday. Jefferies Financial Group dropped their price target on Levi Strauss & Co. from $27.00 to $25.00 and set a “buy” rating on the stock in a report on Thursday, October 1st. Finally, Raymond James Financial reiterated an “outperform” rating and set a $22.00 price objective on shares of Levi Strauss & Co. in a research report on Thursday. Eleven equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $26.31.

Levi Strauss & Co. Price Performance

Shares of LEVI stock traded down $0.64 during mid-day 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 twelve month low of $17.72 and a twelve month high of $25.70. The firm has a market cap of $7.26 billion, a price-to-earnings ratio of 11.66, a price-to-earnings-growth ratio of 1.35 and a beta of 1.32. The company’s 50-day simple moving average is $21.30 and its 200-day simple moving average is $22.14. The company has a debt-to-equity ratio of 0.46, a quick ratio of 0.98 and a current ratio of 1.60.

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 for the quarter, beating the consensus estimate of $0.36 by $0.12. Levi Strauss & Co. had a return on equity of 25.79% and a net margin of 9.66%.The business had revenue of $1.61 billion during the quarter, compared to analyst estimates of $1.62 billion. During the same quarter in the prior year, the firm posted $0.34 earnings per share. The company’s revenue was up 4.3% on a year-over-year basis. Levi Strauss & Co. has set its FY 2026 guidance at 1.540-1.560 EPS. As a group, equities research analysts expect that Levi Strauss & Co. will post 1.54 earnings per share for the current year.

Insider Transactions at Levi Strauss & Co.

In other Levi Strauss & Co. news, EVP Harmit Singh sold 98,144 shares of the business’s stock in a transaction on Thursday, July 23rd. The shares were sold at an average price of $24.22, for a total transaction of $2,377,047.68. Following the sale, the executive vice president directly owned 98,747 shares of the company’s stock, valued at $2,391,652.34. The trade was a 49.85% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 1.08% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the business. Bank of New York Mellon Corp lifted its stake in Levi Strauss & Co. by 462.4% in the 1st quarter. Bank of New York Mellon Corp now owns 4,839,861 shares of the blue-jean maker’s stock worth $89,489,000 after acquiring an additional 3,979,223 shares in the last quarter. Eastern Bank purchased a new position in Levi Strauss & Co. during the 2nd quarter valued at about $60,854,000. The Manufacturers Life Insurance Company increased 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 purchasing an additional 7,827 shares during the period. Dimensional Fund Advisors LP increased its holdings in shares of Levi Strauss & Co. by 8.7% in the 1st quarter. Dimensional Fund Advisors LP now owns 1,849,014 shares of the blue-jean maker’s stock valued at $34,185,000 after purchasing an additional 148,174 shares during the period. Finally, Allspring Global Investments Holdings LLC lifted its position in shares of Levi Strauss & Co. by 12.6% in the first quarter. Allspring Global Investments Holdings LLC now owns 1,325,256 shares of the blue-jean maker’s stock worth $25,180,000 after purchasing an additional 148,067 shares in the last quarter. 69.14% of the stock is owned by institutional investors and hedge funds.

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. 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

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.