UBS cuts target for EssilorLuxottica stock from EUR 282 to EUR 247

Published on 10/06/2026 at 11:28 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Second-quarter revenue rose 7.20 percent to EUR 7.69 billion. EssilorLuxottica stock costs EUR 145.98 on October 6, 2026 after EUR 143.95.

Börsensaal CAC-40: Trader vor Kursanzeigetafeln, Paris — EssilorLuxottica FR0000121667 Börsensaal CAC-40 Handelsparkett mit Tradern vor Kurstafel Paris Editorial-Fotografie im Panorama, Illustration mit AI erstellt.

EssilorLuxottica (ISIN FR0000121667) was trading at EUR 145.98 at Lang & Schwarz on October 6, 2026 at 11:18 a.m. CEST, up 1.41 percent from the prior close of EUR 143.95. On October 5, 2026, UBS cut its price target from EUR 282.00 to EUR 247.00 but kept its Buy rating, as finanzen.ch reported.

Analysts reset targets sharply

The UBS revision leaves a wide gap between the target and the Lang & Schwarz price, while the retained Buy rating signals that the bank still sees a recovery path despite more cautious expectations for 2027. The target cut itself is the key change for investors because it reduces the projected value by EUR 35.00, or 12.41 percent versus the former target.

Deutsche Bank Research also cut its target on October 5, 2026, from EUR 174.00 to EUR 157.00 and maintained a Hold rating, according to finanzen.ch. Its report cited consensus estimates that remained too high and uncertain prospects for AI glasses, putting the market debate on growth quality rather than sales momentum alone.

Revenue growth meets technology risk

In the second quarter of 2026, EssilorLuxottica generated revenue of EUR 7.69 billion, up 7.20 percent, according to ideal-investisseur.fr. The same report said adjusted operating income increased 15.00 percent at constant exchange rates in the first-half 2026 results and free cash flow reached EUR 1.07 billion.

The company investor page identifies October 6, 2026 as the beginning of the quiet period before its third-quarter 2026 revenue release, according to EssilorLuxottica. That timing shifts attention toward the next revenue update, where the durability of eyewear growth and the contribution from AI-enabled products will be tested against the lower analyst targets.

Stock remains near its yearly low

EssilorLuxottica's Lang & Schwarz price of EUR 145.98 stood EUR 7.68 above the 52-week low of EUR 138.30 and EUR 177.82 below the 52-week high of EUR 323.80 on October 6, 2026. Finance data put the company's market capitalization at EUR 66.9 billion on the same date, giving the target cuts a material valuation context.

EssilorLuxottica was trading at EUR 145.98 at Lang & Schwarz on October 6, 2026 at 11:18 a.m. CEST, plus 1.41 percent versus the prior close of EUR 143.95. The further course of trading is shown by the continuously updated real-time quote of EssilorLuxottica stock.