EssilorLuxottica stock slips after Kepler cuts target to EUR 135

Published on 09/17/2026 at 13:43 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

EssilorLuxottica stock fell 2.0 percent on September 17, 2026 after Kepler Cheuvreux cut its target to EUR 135 from EUR 244. The shares closed at EUR 143.65 on September 16, 2026.

Photorealistic studio shot of a generic designer eyeglass frame on white background — EssilorLuxottica FR0000033219 editorial shot of unbranded titanium designer eyeglass frame on white background, Illustration mit AI erstellt.

EssilorLuxottica stock (ISIN FR0000033219) fell after Kepler Cheuvreux cut its target to EUR 135 from EUR 244 and downgraded the shares to reduce on September 17, 2026, according to MarketScreener. The move came after the stock had closed at EUR 143.65 on Euronext Paris on September 16, 2026, down 0.52 percent from the previous session.

Broker call hits sentiment

According to MarketScreener, Kepler Cheuvreux said the enthusiasm around connected glasses has given way to concerns about slower growth, margin dilution and governance uncertainty. Les Echos said the new rating from Alessandro Cuglietta was unusual for the stock and that 23 analysts in Bloomberg's coverage still recommend buying the shares, with three on hold and one on sell.

The same Les Echos report said the stock fell 2.3 percent and ranked last in the CAC 40 after the note. For investors, the key question is whether the downgrade can outweigh the support from a broader consensus that remains positive.

H1 numbers still matter

EssilorLuxottica's investor page lists H1 2026 Results as the latest financial event and shows the publication of the 2026 Interim Financial Report on July 29, 2026, after Q2/H1 2026 Results on July 28, 2026, according to EssilorLuxottica. The same page lists a share buyback program announced on August 28, 2026 and says the next financial event is the KeplerCheuvreux Autumn Conference in Paris on September 10, 2026.

On the company page, key financial figures for revenue, adjusted operating profit as a percentage of revenue, adjusted net profit and free cash flow are displayed for H1 2026, although the page excerpt does not show the values themselves.

Stock close on Euronext

EssilorLuxottica stock closed at EUR 143.65 on Euronext Paris on September 16, 2026, after trading between EUR 143.05 and EUR 144.60 with volume of about 50,130 shares. The CAC 40 ended at 8,140.59 points on the same day.