Jefferies lifts target for Estée Lauder stock to USD 120.00
📈 Jefferies raised its price target for Estée Lauder from USD 100.00 to USD 120.00 while maintaining a Hold rating.
💰 The company reported Q2 fiscal 2026 revenue of USD 3.63 billion, representing a 6.45% year-over-year increase.
📉 Estée Lauder posted a GAAP net loss of USD 116 million for the quarter ended June 30, 2026, down from USD 546 million in the prior year.
📅 The company is scheduled to release fiscal 2027 first-quarter results on November 2, 2026.
📊 As of October 20, 2026, the stock traded at USD 105.78 with a market cap of USD 38.3 billion.
🎯 The new Jefferies target of USD 120.00 is positioned above the average analyst target of USD 109.02.
Bullish Signals
- Estée Lauder achieved a 6.45% year-over-year revenue increase to USD 3.63 billion in the quarter ended June 30, 2026.
- The company significantly reduced its GAAP net loss to USD 116 million from USD 546 million in the prior-year quarter.
Risk Factors
- Estée Lauder continues to operate with a GAAP net loss of USD 116 million for the fiscal 2026 second quarter.
- The stock trades at a high trailing P/E ratio of 215.73 as of October 20, 2026.
Full Analysis
Jefferies has raised its price target for Estée Lauder Companies Inc. (EL) from USD 100.00 to USD 120.00, maintaining a Hold rating as of October 19, 2026. The analyst's new objective sits 13.45% above the stock's trading price of USD 105.78 on the NYSE and exceeds the average analyst target of USD 109.02.
The company reported fiscal 2026 second-quarter results ending June 30, 2026, showing a revenue increase of 6.45% to USD 3.63 billion compared to the prior-year quarter. Despite the top-line growth, the company recorded a GAAP net loss of USD 116 million, a significant improvement from the USD 546 million loss in the same period last year.
Estée Lauder is scheduled to report its fiscal 2027 first-quarter results on November 2, 2026. As of October 20, 2026, the stock trades within a 52-week range of USD 66.22 to USD 121.64, with a market capitalization of USD 38.3 billion and a trailing P/E ratio of 215.73.