
Levi Strauss (LEVI) Stock Forecast & Price Target
Levi Strauss (LEVI) Analyst Ratings
Bulls say
Levi Strauss & Co. demonstrated robust financial performance in the fiscal third quarter, with total revenue increasing by 7.0% to $1.543 billion, surpassing consensus expectations. Organic sales growth was highlighted by strong contributions from Asia, which rose 12%, alongside a 7% increase in the Americas and a 3% rise in Europe, indicating wide-ranging regional strength. Additionally, the company’s focus on a direct-to-consumer strategy and revitalized product offerings contributed to significant gains in its tops business, which grew 16% year-over-year, further enhancing the positive outlook on the company’s financial trajectory.
Bears say
Levi Strauss & Co. is anticipating a 3% decrease in revenues for the upcoming quarter due to multiple headwinds, including a significant impact from lapping the previous year's 53rd week and foreign exchange fluctuations. The company is also facing challenges with gross margins, expecting an 80-basis point headwind as well as additional pressures stemming from tariff increases on imported goods, which collectively suggest a downward trajectory for earnings per share. Furthermore, the anticipated decline in the market share of their Spacedye performance fabric indicates potential difficulties in maintaining competitive product offerings, contributing to a negative outlook for Levi Strauss's stock.
This aggregate rating is based on analysts' research of Levi Strauss and is not a guaranteed prediction by Public.com or investment advice.
Levi Strauss (LEVI) Analyst Forecast & Price Prediction
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