LVMH Moët Hennessy Louis Vuitton, FR0000121014

Morgan Stanley keeps LVMH stock at Equalweight with EUR 450 target

Published on 10/08/2026 at 11:42 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

LVMH stock was at EUR 382.60 on October 8, 2026, versus EUR 390.00, down 1.90 percent. Fiscal 2025 revenue was EUR 80.8 billion.

Top-down flatlay of champagne cork, leather gloves, dress watch, perfume bottle and gold chain on black velvet — LVMH FR0000121014 Flatlay auf schwarzem Samt mit Champagnerkorken Lederhandschuhen Uhr Parfum und Goldkette, Illustration mit AI erstellt.

LVMH stock was at EUR 382.60 at Lang & Schwarz on October 8, 2026 at 11:37 a.m. CEST, down 1.90 percent versus the EUR 390.00 prior close. On the same date, Investing.com reported that Morgan Stanley reiterated an Equalweight rating and a EUR 450.00 price target for LVMH.

Morgan Stanley sees balanced valuation

The EUR 450.00 target stands 17.62 percent above the Lang & Schwarz price of EUR 382.60. Morgan Stanley also pointed to weaker Chinese luxury demand and said investors remain divided over whether the valuation compensates for the risks ahead of the company's results, according to Investing.com.

The same report said LVMH's Fashion and Leather Goods division represented 47 percent of group sales and 72 percent of EBIT in fiscal 2025. That mix leaves the stock highly sensitive to demand for the group's largest soft-luxury businesses.

Fiscal 2025 provides the baseline

LVMH reported EUR 80.8 billion of revenue, EUR 10.9 billion of net profit attributable to the group and a 22.00 percent operating margin in fiscal 2025. The investor page also lists 6,283 stores, more than 75 Maisons and 211,000 employees.

For investors, the key comparison is between a 22.00 percent historical operating margin and the recovery case embedded in the EUR 450.00 target. The target is also EUR 67.40 above the latest Lang & Schwarz price, while the finance quote places LVMH's market capitalization at EUR 188.8 billion as of October 8, 2026.

Stock remains near yearly low

The EUR 382.60 Lang & Schwarz price sits 1.76 percent above the finance quote's 52-week low of EUR 376.00 and 41.56 percent below its 52-week high of EUR 654.70, both in euros as of October 8, 2026. A listing profile identifies LVMH as MC on Euronext Paris under ISIN FR0000121014, according to Global Banking and Finance.

What the price shows

LVMH was trading at EUR 382.60 at Lang & Schwarz on October 8, 2026 at 11:37 a.m. CEST, down 1.90 percent versus the EUR 390.00 prior close at Lang & Schwarz on October 7, 2026. The further course of trading is shown by the continuously updated real-time quote of LVMH stock.