On August 21, Estee Lauder rose 5.19% in regular trading, trading at $101.06/share, with turnover of $178 million. The stock continues to rally following a wave of analyst upgrades after its fiscal Q4 earnings beat.
Piper Sandler raised its price target to $115, while Citi reiterated a Buy rating and lifted its target to $115, citing broad-based growth across Asia-Pacific and North America. UBS raised its target from $86 to $106, RBC lifted to $120, JPMorgan to $112, and Goldman Sachs to $112. Morgan Stanley noted building organic sales growth momentum and higher savings from the company's Profit Recovery and Growth Plan.
The upgrades followed Estee Lauder's fiscal Q4 results reported on August 19, which showed adjusted EPS of $0.39 versus the $0.32 consensus estimate, and revenue of $3.627 billion versus $3.543 billion expected. Q4 organic sales grew 5%, marking the strongest quarterly performance of the fiscal year. The company guided fiscal 2027 adjusted EPS of $3.10 to $3.35, above prior market expectations.
(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)