RBC cuts target for EssilorLuxottica stock from EUR 230 to EUR 190
Published on 10/02/2026 at 14:56 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
EssilorLuxottica (FR0000121667) stock was trading at EUR 145.88 at Lang & Schwarz on October 2, 2026, up 0.64 percent from the EUR 144.95 prior close. The latest analyst move came on September 22, 2026, when RBC Capital Markets cut its price target from EUR 230.00 to EUR 190.00 while keeping an Outperform rating, as Markets Insider reported.
RBC lowers the valuation bar
The revised EUR 190.00 target sits 23.22 percent above the Lang & Schwarz price. RBC kept its positive rating but pointed to a more normalized revenue-growth profile and a smaller contribution from smart glasses in its outlook, according to MarketScreener on September 22, 2026.
The target reduction contrasts with the group's latest reported operating performance. It also leaves the stock below RBC's revised valuation despite the continued Outperform view.
First-half revenue reaches EUR 14.82 billion
In the first half of 2026, EssilorLuxottica generated revenue of EUR 14.82 billion, up 5.70 percent in euros and 9.70 percent at constant exchange rates, according to BriefingLens citing the July 28, 2026 results release. Adjusted operating profit rose 15.00 percent at constant exchange rates to EUR 2.75 billion, producing an adjusted operating margin of 18.60 percent.
Free cash flow reached EUR 1.07 billion in the same period, compared with EUR 960.00 million a year earlier. The combination of revenue growth, higher adjusted operating profit and cash generation gives the valuation debate a concrete operating counterweight.
October sales update sets the next test
MarketScreener lists October 19, 2026, as the scheduled sales and revenue release for the third quarter of 2026. That report will test whether the more normalized growth profile cited by RBC is visible in the company's operating figures.
Euronext identifies EssilorLuxottica as an Euronext Paris listing in the CAC 40. The 52-week range stood at EUR 138.30 to EUR 323.80 on September 28, 2026, placing the Lang & Schwarz price 54.95 percent below the period high.
Stock stays below its yearly high
At Lang & Schwarz, EssilorLuxottica stock was trading at EUR 145.88 on October 2, 2026 at 2:39 p.m. CEST, up 0.64 percent versus the EUR 144.95 prior close. The further course of trading is shown by the continuously updated real-time quote of EssilorLuxottica stock.
EssilorLuxottica stock at a glance
- Company: EssilorLuxottica S.A.
- ISIN: FR0000121667
- Ticker: EL
- Primary exchange: Euronext Paris
- Price Lang & Schwarz (as of October 2, 2026, 2:39 p.m. CEST): EUR 145.88
- Change versus prior close: plus 0.64 percent
- Prior close Lang & Schwarz (October 1, 2026): EUR 144.95
- Market capitalization: EUR 67.1 billion (as of October 2, 2026)
- 52-week range: EUR 138.30-EUR 323.80 (as of September 28, 2026)
- Sector / Industry: Healthcare / Medical Equipment, Supplies and Distribution
- Index membership: CAC 40
- Next earnings date: October 19, 2026
