Canaccord raised target for Helen of Troy stock to USD 26.00

Published on 10/08/2026 at 12:01 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Helen of Troy stock costs EUR 22.90 on October 8, 2026 after EUR 22.90. Q2 revenue was expected at USD 443.21 million versus USD 431.78 million.

HELE, BMG4388N1065, Illustration mit AI erstellt.

Helen of Troy (BMG4388N1065) was trading at EUR 22.90 at Lang & Schwarz on October 8, 2026 at 11:49 a.m. CEST, unchanged from the prior close of EUR 22.90. Investing.com reported on October 6, 2026 that Canaccord had raised its price target from USD 25.00 to USD 26.00 while maintaining a Hold rating.

Canaccord sees a sales recovery

Canaccord expected positive growth in Helen of Troy's Home and Outdoor and Beauty and Wellness categories when the company reported second-quarter fiscal 2027 results on October 8, 2026. The analyst cited OXO, Hydro Flask and Osprey as drivers in Home and Outdoor, while legacy beauty products remained a pressure point.

The target move was paired with a cautious condition. Canaccord wanted consistent improvement in revenue and profit before taking a more constructive stance, while also highlighting tariff costs, supply-chain risks and higher investment in selling, general and administrative expenses.

Revenue growth faces a margin test

For the second quarter of fiscal 2027, adjusted earnings per share were forecast at USD 0.50 versus USD 0.59 in the year-ago quarter, while revenue was expected at USD 443.21 million versus USD 431.78 million. ScanX reported those consensus figures on September 25, 2026, in an updated preview of the release.

The contrast matters for the turnaround case: the forecast implied USD 11.43 million of additional quarterly revenue but USD 0.09 lower adjusted earnings per share than a year earlier. That combination leaves margin performance as the central test for the upcoming report.

Helen of Troy's first quarter of fiscal 2027 provided a stronger base. Business Wire reported revenue of USD 402.10 million for the three months ended May 31, 2026, up from USD 371.70 million in the comparable fiscal 2026 period. The release also reported a 46.00 percent gross margin and a 15.00 percent operating margin, with the latter including a gain on the sale of a distribution facility.

Stock holds at EUR 22.90

Helen of Troy was trading at EUR 22.90 at Lang & Schwarz on October 8, 2026 at 11:49 a.m. CEST, unchanged from the EUR 22.90 prior close at Lang & Schwarz on October 7, 2026. The company trades on NASDAQ under the ticker HELE, and its 52-week range was USD 13.85 to USD 30.68 as of October 7, 2026.

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