EssilorLuxottica stock faces lower targets as profit rises

Published on 10/07/2026 at 13:16 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

EssilorLuxottica stock faced a EUR 34 target cut from Oddo BHF on October 6, while H1 adjusted operating profit rose 15 percent. The shares traded at EUR 145.20 on October 7.

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EssilorLuxottica stock (ISIN FR0000121667) was trading at EUR 145.20 on Euronext Paris at 1:00 p.m. CEST on October 7, 2026, down 1.02 percent from the prior close. The immediate issue for the market is valuation: Ideal Investisseur reported on October 7 that Oddo BHF cut its target from EUR 220 to EUR 186 on October 6 while retaining an Outperform rating.

Targets fall while profit accelerates

The Oddo BHF reduction represents a EUR 34 cut, or 15.45 percent, even as the company enters the third quarter with stronger reported profitability. The same Ideal Investisseur cited first-half adjusted operating profit growth of 15 percent at constant exchange rates and free cash flow of EUR 1.07 billion.

The underlying figures point in a different direction from the target revisions. In the H1 2026 earnings call dated July 28, Yahoo Finance reported revenue growth of 9.7 percent at constant currency, adjusted operating profit growth of 15 percent, and free cash flow of EUR 1.067 billion.

Consensus stays above the market price

That contrast leaves analysts split between lower near-term assumptions and a higher medium-term valuation. Investing.com lists a Buy consensus from 23 analysts, including 18 Buy ratings, 4 Hold ratings and 1 Sell rating.

The same consensus page gives an average 12-month target of EUR 227.30, with a high of EUR 361 and a low of EUR 135. Against the EUR 145.20 intraday price, the average target remains EUR 82.10 higher, while the wide EUR 226 spread between the high and low targets shows how sharply views differ.

Stock remains near its yearly low

EssilorLuxottica's market capitalization stood at EUR 66.7 billion on October 7, 2026. The stock's 52-week range was EUR 138.30 to EUR 323.80, placing the current price EUR 6.90 above the yearly low and EUR 178.60 below the yearly high.

For investors, the central tension is clear: first-half profitability and cash generation improved, but analysts have lowered targets as expectations for smart glasses and broader growth are recalibrated.

EssilorLuxottica stock trades above yearly low

EssilorLuxottica stock was last at EUR 145.20 on Euronext Paris on October 7, 2026 at 1:00 p.m. CEST, with a market capitalization of EUR 66.7 billion.