EssilorLuxottica stock: Morgan Stanley cuts target to EUR 180

Published on 10/20/2026 at 15:34 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Adjusted profit rose 15.00 percent in first half. EssilorLuxottica stock trades at EUR 151.95 on October 20, 2026, down 0.49 percent versus Xetra close.

Analyst targets reset

Morgan Stanley cut its EssilorLuxottica target from EUR 225.00 to EUR 180.00 on October 19, 2026.
Adjusted first-half operating income rose 15.00 percent at constant exchange rates.
EssilorLuxottica stock costs EUR 151.95 at Lang & Schwarz on October 20, 2026 at 3:30 p.m. CEST, 0.49 percent below the Xetra close of October 19, 2026.
The third-quarter revenue release is scheduled for October 20, 2026 at 6:00 p.m. CEST.

Optische Linsenproduktion im Reinraum, EssilorLuxottica Fertigung — EssilorLuxottica FR0000121667 betreibt Linsenproduktion im Reinraum mit modernster Fertigungstechnologie und präziser Qualitätskontrolle, Illustration mit AI erstellt.

EssilorLuxottica (FR0000121667) faces a lower analyst valuation after Morgan Stanley cut its price target from EUR 225.00 to EUR 180.00 on October 19, 2026 while keeping an Overweight rating, as reported by Ideal Investor. The stock was trading at EUR 151.95 at Lang & Schwarz on October 20, 2026 at 3:30 p.m. CEST, down 0.49 percent versus the Xetra close of October 19, 2026 at EUR 152.70.

Two targets moved lower

Morgan Stanley's new target remains 18.44 percent above the Lang & Schwarz price. Citi also reduced its target from EUR 255.00 to EUR 242.00 on October 19, 2026 while maintaining a Buy rating, according to Ideal Investor. The target revisions give investors a clear range of current broker assumptions, from EUR 180.00 to EUR 242.00.

How strong was first-half growth?

EssilorLuxottica reported adjusted operating income growth of 15.00 percent at constant exchange rates for the first half of 2026. The same period produced free cash flow of EUR 1.07 billion, while second-quarter revenue reached EUR 7.69 billion, according to the period review published by Ideal Investor. Reported growth was weaker than constant-currency growth because foreign-exchange effects reduced the published margin.

Price position and valuation

The EUR 151.95 quote sits 4.07 percent above the 52-week low of EUR 138.30 and 53.07 percent below the 52-week high of EUR 323.80. The primary Euronext Paris listing had a market capitalization of EUR 69.6 billion and a price-to-earnings ratio of 28.32 as of October 20, 2026.

The next scheduled company event is the third-quarter 2026 revenue release on October 20, 2026 at 6:00 p.m. CEST, followed by the conference call at 6:30 p.m. CEST, according to GlobeNewswire. A separate October 9 report said BofA Securities had cut its target from EUR 237.00 to EUR 205.00 while retaining a Buy rating, according to Investing.com.

Comparison with peers

EssilorLuxottica: down 0.49 percent versus the Xetra close, price-to-earnings ratio 28.32, market capitalization EUR 69.6 billion.

LVMH: down 0.73 percent on Euronext Paris in EUR, price-to-earnings ratio 17.65, market capitalization EUR 190.9 billion.

Safran: down 2.47 percent on Euronext Paris in EUR, price-to-earnings ratio 33.06, market capitalization EUR 127.5 billion.

Targets meet a scheduled update

The analyst revisions provide a valuation counterpoint to the company's operating figures, while the scheduled revenue update supplies the next dated test for the market. EssilorLuxottica was trading at EUR 151.95 at Lang & Schwarz on October 20, 2026 at 3:30 p.m. CEST, 0.49 percent below the Xetra close of October 19, 2026 at EUR 152.70. The further course of trading is shown by the continuously updated real-time quote of EssilorLuxottica stock.