Jefferies keeps Buy for EssilorLuxottica stock: target is EUR 250.00

Published on 10/07/2026 at 09:35 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

H1 revenue rose 5.70 percent to EUR 14.80 billion. EssilorLuxottica stock costs EUR 145.30 on October 7, 2026 after EUR 145.38.

Bauhaus-Poster mit Kreis-Linsenmotiv und Aufschrift OPTIK — EssilorLuxottica FR0000121667 Bauhaus-Poster geometrisch OPTIK Sektor Primärfarben konstruktivistisches Grafikdesign der 1920er Jahre, Illustration mit AI erstellt.

EssilorLuxottica stock (ISIN FR0000121667) was trading at EUR 145.30 at Lang & Schwarz on October 7, 2026 at 9:32 a.m. CEST, down 0.06 percent versus the prior close of EUR 145.38. Jefferies kept its Buy rating and EUR 250.00 price target in a note dated September 28, 2026, according to wallstreetONLINE.

Jefferies sees EUR 250 target

The unchanged target stands EUR 104.70 above the Lang & Schwarz price, equivalent to 72.02 percent above the reference price. Jefferies analyst Julien Dormois expects third-quarter operating revenue growth of 6.00 percent at constant exchange rates, below the consensus cited in the September 28 note.

The target matters because the stock remains close to its 52-week low of EUR 138.30 and far below its 52-week high of EUR 323.80. The current price is 55.13 percent below that high, while the EUR 67.1 billion market capitalization reflects a much lower valuation than the yearly peak.

First-half growth supports the case

EssilorLuxottica reported first-half 2026 revenue growth of 5.70 percent at current exchange rates and 9.70 percent at constant exchange rates. The second quarter grew 7.20 percent at current exchange rates and 8.70 percent at constant exchange rates, according to the company's H1 2026 earnings call published by Yahoo Finance.

Adjusted operating profit rose 15.00 percent in the first half of 2026, and free cash flow reached EUR 1.067 billion. That combination gives the analyst target a fundamental anchor, although the third-quarter comparison base remains demanding and the analyst's 6.00 percent revenue outlook sits below consensus.

Nuance Audio expands the product range

EssilorLuxottica unveiled Nuance Audio Plus on September 29, 2026, presenting the next generation of hearing glasses. The announcement adds a product catalyst as the group develops eyewear, lenses and medical technology across its integrated platform, according to Morningstar.

Stock stays near its yearly low

At Lang & Schwarz, EssilorLuxottica was trading at EUR 145.30 on October 7, 2026 at 9:32 a.m. CEST, down 0.06 percent versus the prior close of EUR 145.38. The further course of trading is shown by the continuously updated real-time quote of EssilorLuxottica stock.