BofA cuts target for EssilorLuxottica stock to EUR 205.00

Published on 10/14/2026 at 15:58 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

First-half revenue rose 5.70 percent on July 28, 2026. EssilorLuxottica stock costs EUR 148.10 on October 14, 2026, up 1.23 percent versus Euronext close.

Analyst target and interim results

BofA lowered its EssilorLuxottica target from EUR 237.00 to EUR 205.00 on October 9, 2026.
First-half 2026 revenue increased 5.70 percent at current exchange rates.
EssilorLuxottica stock costs EUR 148.10 at Lang & Schwarz on October 14, 2026 at 3:41 p.m. CEST, up 1.23 percent versus the Euronext Paris close of October 13, 2026.
The company had a market capitalization of EUR 68.4 billion and a P/E ratio of 27.81 as of October 14, 2026.

Paris-Aquarell: Haussmann-Fassaden und Seine in Pastellfarben — EssilorLuxottica FR0000121667 Paris-Aquarell zeigt Stadtansicht der Seine Haussmann-Architektur in impressionistischer locker gemalter Malereitechnik, Illustration mit AI erstellt.

BofA Securities cut its target for EssilorLuxottica stock from EUR 237.00 to EUR 205.00 on October 9, 2026, while keeping a Buy rating, according to Investing.com. Against the Lang & Schwarz price of EUR 148.10, the new target lies 38.42 percent higher. EssilorLuxottica stock was trading at EUR 148.10 at Lang & Schwarz on October 14, 2026 at 3:41 p.m. CEST, up 1.23 percent versus the Euronext Paris close of October 13, 2026.

First-half revenue rises 5.70 percent

EssilorLuxottica reported first-half 2026 revenue growth of 5.70 percent at current exchange rates and 9.70 percent at constant exchange rates. The figures came from the company's July 28, 2026 earnings call, whose transcript was published by Yahoo Finance.

Adjusted operating profit increased 15.00 percent at constant exchange rates in the first half of 2026, while free cash flow reached EUR 1.067 billion. The cash figure was more than EUR 100 million above the prior-year level, according to the same earnings-call transcript.

Price remains below the yearly high

The EUR 148.10 Lang & Schwarz price stood EUR 175.70 below the 52-week high of EUR 323.80 and EUR 9.80 above the 52-week low of EUR 138.30 on October 14, 2026. The distance to the high was 54.26 percent, placing the current quote near the lower end of the reported yearly range.

EssilorLuxottica's market capitalization was EUR 68.4 billion on October 14, 2026, with a P/E ratio of 27.81 and a dividend yield of 0.03 percent. For investors, the contrast is clear: first-half adjusted operating profit grew faster than revenue, yet the BofA target cut leaves the stock below the revised valuation mark.

Comparison with peers

EssilorLuxottica: plus 1.23 percent, P/E 27.81, market capitalization EUR 68.4 billion.

Alcon (NYSE, USD): plus 0.76 percent, P/E 49.02, market capitalization USD 31.0 billion.

The Cooper Companies (Nasdaq, USD): plus 0.07 percent, P/E 18.66, market capitalization USD 10.7 billion.

What the target cut means

The target reduction of EUR 32.00 represents a 13.50 percent cut from BofA's prior EUR 237.00 level. The retained Buy rating and the 38.42 percent distance from the new target leave the analyst view constructive, but the lower objective puts greater weight on revenue conversion and margin delivery in the second half of 2026.

Trading stays above the Paris close

EssilorLuxottica stock was trading at EUR 148.10 at Lang & Schwarz on October 14, 2026 at 3:41 p.m. CEST, plus 1.23 percent versus the Euronext Paris close of October 13, 2026. The further course of trading is shown by the continuously updated real-time quote of EssilorLuxottica stock.