BURL, US1220171060

Burlington Stores stock joins Goldman Sachs top picks for October

Published on 10/04/2026 at 12:39 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Burlington Stores stock carries a USD 382 Goldman Sachs target dated October 2, 2026. Q2 revenue reached USD 3.00 billion and adjusted EPS beat consensus by 35.4 percent.

BURL, US1220171060, Illustration mit AI erstellt.

Burlington Stores (ISIN US1220171060) was last at USD 275.34 on the NYSE on October 2, 2026 at 4:00 p.m. ET, while Goldman Sachs added the stock to its October conviction list. On October 2, 2026, CNBC reported that the bank assigned Burlington a USD 382 price target.

Goldman target reaches USD 382

The Goldman target stands 38.7 percent above the October 2 reference price, calculated from USD 382 and USD 275.34. The bank cited store growth, localization and cost efficiencies as support for further margin expansion, while warmer weather and higher oil prices were identified as pressure points.

The October 2 market snapshot puts BURL 27.2 percent below its 52-week high of USD 378.33 and 21.4 percent above its 52-week low of USD 226.85. That spread makes the earnings trajectory more important than the daily change of 0.01 percent.

Q2 revenue grows 11 percent

For the quarter ended August 1, 2026, Burlington reported revenue of USD 3.00 billion, up 11 percent year over year but below the USD 3.03 billion consensus estimate, according to The Globe and Mail on August 27, 2026. Adjusted EPS reached USD 2.96 against USD 2.19 expected, a 35.4 percent beat.

Management raised full-year adjusted EPS guidance to USD 11.77-11.97 and expects fiscal 2026 sales growth of 10 percent to 11 percent. The same release showed comparable-store sales growth of 2 percent in the quarter, below the 5 percent increase recorded in the prior-year quarter.

Analysts see 32.47 percent upside

Investing.com lists a Buy consensus from 19 analysts, including 13 Buy ratings, 6 Hold ratings and 0 Sell ratings. The average 12-month target is USD 364.75, 32.47 percent above USD 275.34, with a USD 290 low and USD 440 high.

Burlington Stores stock awaits November results

The next earnings report is scheduled for November 24, 2026. Until then, the central test is whether double-digit sales growth and new-store expansion can offset the slower comparable-store performance.