Bell Potter upgrades Lovisa stock to Buy with AUD 27 target

Published on 10/07/2026 at 03:52 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Fiscal 2026 revenue reached AUD 938.80 million, up 17.62 percent. Lovisa stock was last at EUR 14.50 on September 25, 2026 after EUR 15.00.

Lovisa, AU000000LOV7, Illustration mit AI erstellt.

Bell Potter upgraded Lovisa stock from Hold to Buy on September 22, 2026 and retained an AUD 27.00 price target, according to The Motley Fool Australia. The call gives Lovisa a concrete valuation reference while the stock remains well below its reported 52-week high in Australian trading.

Growth reached AUD 938.80 million

Lovisa reported fiscal 2026 revenue of AUD 938.80 million, up 17.62 percent from AUD 798.10 million in fiscal 2025, according to MarketScreener.

The August 26, 2026 results discussion put fiscal 2026 EBIT at AUD 158.20 million, up 14.10 percent, and net profit at AUD 95.60 million, up 10.70 percent. The same report showed gross margin at 82.60 percent, 60 basis points higher than the prior year, and a final dividend of AUD 0.33 per share, up 22.00 percent, as reported in the Yahoo Finance transcript.

Store growth remains the operating lever

Lovisa finished fiscal 2026 with 1,136 stores across more than 50 markets after opening 160 locations. Trading in the first eight weeks of fiscal 2027 showed total sales up 16.40 percent on a constant-currency basis, while comparable-store sales increased 3.00 percent, according to Yahoo Finance.

The company says it designs, sources and merchandises all Lovisa-branded products through a vertically integrated model. Its investor materials describe a network of more than 900 stores across more than 45 countries, giving the expansion strategy a direct retail footprint rather than a wholesale-led structure, according to Lovisa.

Frankfurt quote sets the market context

Lovisa was last at EUR 14.50 in Frankfurt on September 25, 2026, versus a Frankfurt prior close of EUR 15.00, a decline of 3.33 percent. The primary ASX listing stood at AUD 24.93 on October 7, 2026, while its AUD 19.30 to AUD 39.33 52-week range and AUD 2.8 billion market capitalization frame the Australian valuation.

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