BofA cuts target for EssilorLuxottica stock to EUR 205

Published on 10/09/2026 at 12:57 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

H1 revenue reached EUR 14.82 billion, up 5.70 percent. EssilorLuxottica stock costs EUR 146.30 on October 9, 2026, up 1.53 percent from EUR 144.10.

Key points in brief

BofA cut its EssilorLuxottica price target from EUR 237.00 to EUR 205.00 on October 9, 2026, while keeping a Buy rating.
H1 2026 revenue rose 5.70 percent at current exchange rates to EUR 14.82 billion, according to the company earnings call.
EssilorLuxottica stock was trading at EUR 146.30 at Lang & Schwarz on October 9, 2026 at 12:54 p.m. CEST, up 1.53 percent versus EUR 144.10.
The next reported date identified in the research is the third-quarter revenue release scheduled for October 20, 2026.
EssilorLuxottica is listed on Euronext Paris and is a CAC 40 constituent.

Schwarzweiß-Reportage eines Optiker-Werkstattbetriebs — EssilorLuxottica FR0000121667 zeigt Optiker in einer Werkstatt bei dokumentarischer Schwarzweiß-Reportage des klassischen Brillenhandwerks, Illustration mit AI erstellt.

EssilorLuxottica (FR0000121667) was trading at EUR 146.30 at Lang & Schwarz on October 9, 2026 at 12:54 p.m. CEST, up 1.53 percent versus the prior close of EUR 144.10. On the same date, BofA Securities cut its price target from EUR 237.00 to EUR 205.00 while keeping a Buy rating, making the target 40.12 percent above the Lang & Schwarz price.

Three dated signals for the stock

On July 28, 2026, the company reported first-half revenue growth of 5.70 percent at current exchange rates and 9.70 percent at constant currency in its earnings call, with adjusted operating profit up 15.00 percent.

EssilorLuxottica disclosed on September 28, 2026 that it had bought 74,083 own shares on September 21 at a weighted average price of EUR 140.3289, according to GlobeNewswire. On October 9, 2026, BofA lowered its target from EUR 237.00 to EUR 205.00, as Investing.com reported.

What does the target cut imply?

The revised target still stands 40.12 percent above the current euro price, but the direction of the change matters: BofA reduced its estimates while retaining its Buy rating. The report said EssilorLuxottica expects a broadly flat margin excluding foreign exchange effects, while BofA viewed that assumption as potentially cautious because the wearables business is smaller than previously estimated.

The operating backdrop remains quantifiable. The first-half earnings call recorded EUR 1.067 billion of free cash flow and said adjusted operating profit advanced 15.00 percent, while first-half revenue rose 9.70 percent at constant currency. Those figures give the target revision a mixed analytical frame: lower valuation assumptions alongside continued double-digit profit growth.

The next company date

The next dated corporate event identified in the research is the third-quarter revenue release scheduled for October 20, 2026, as Boerse Express reported. EssilorLuxottica entered the company quiet period on October 6, 2026 ahead of that release, according to its EssilorLuxottica investor calendar.

Stock stays above the yearly low

At EUR 146.30, the Lang & Schwarz price stood EUR 8.00, or 5.78 percent, above the EUR 138.30 52-week low and well below the EUR 323.80 high, both quoted in euros as of October 9, 2026. The market capitalization was EUR 67.0 billion on that date. The Euronext listing identifies EssilorLuxottica as a CAC 40 constituent and confirms its primary venue as Euronext Paris.

The further course of trading is shown by the continuously updated real-time quote of EssilorLuxottica stock.