- Barclays increased its price target for Levi Strauss & Co. (NYSE: LEVI) to $27.00, maintaining an “Overweight” rating.
- The company reported robust fiscal second-quarter results, with adjusted earnings of $0.28 per share and total net revenues of $1.56 billion, both surpassing analyst expectations.
- Despite strong operational performance, including a 14% dividend increase and 7% inventory reduction, the stock experienced a slight dip due to investor concerns over tariffs and foreign exchange pressures.
On July 10, 2026, analyst firm Barclays raised its price target for Levi Strauss & Co. (NYSE: LEVI) to $27.00. Levi Strauss & Co. is a global apparel company known for its iconic denim jeans. Barclays also maintained its “Overweight” rating on the stock, which suggests the firm believes Levi Strauss & Co. will perform better than the overall market.
This positive rating is supported by Levi Strauss & Co.’s strong fiscal second-quarter results. As highlighted by Zacks, the company reported adjusted earnings of $0.28 per share, beating the consensus estimate of $0.24. Total net revenues also increased by 8% year-over-year to $1.56 billion, surpassing expectations of $1.52 billion.
The higher price target reflects confidence in the company’s growth strategy. Levi Strauss & Co. is focusing on becoming a “DTC-first” company, which means selling more products directly to consumers. This strategy is working, as Direct-to-Consumer revenue grew by 11%, with e-commerce sales rising by 19% in the quarter.
Growth is also visible across various segments and regions. The company saw strong momentum in its international markets, with revenue in Asia up 12%. The women’s category was a standout performer, with revenue increasing by 11%. This broad-based success prompted management to raise its financial outlook for the full year.
Despite the strong results, as highlighted by Zacks, the stock price slid over 5% due to investor concerns about tariffs and foreign exchange pressures. Operationally, Levi Strauss & Co. successfully reduced its inventories by 7% and increased its dividend by 14%, showing strong management of its business.
