Morgan Stanley targets AUD 33.50 for Lovisa stock

Published on 10/15/2026 at 21:07 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Fiscal 2026 revenue rose 17.60 percent. Lovisa stock costs EUR 14.90 on October 15, 2026, down 1.15 percent on the ASX.

Analyst view and operating figures

Morgan Stanley had an AUD 33.50 target for Lovisa on October 8, 2026.
Fiscal 2026 revenue rose 17.60 percent to AUD 938.80 million.
Lovisa stock costs EUR 14.90 at Lang & Schwarz on October 15, 2026 at 9:01 p.m. CEST, down 1.15 percent on the day on the ASX.
Lovisa had a market capitalization of AUD 2.7 billion and a P/E ratio of 27.77.

Lovisa, AU000000LOV7, Illustration mit AI erstellt.

Morgan Stanley carried an AUD 33.50 target for Lovisa stock on October 8, 2026, 38.66 percent above the ASX price of AUD 24.16, as Motley Fool Australia reported. The same report cited a Morgans target of AUD 31.00. Lovisa stock costs EUR 14.90 at Lang & Schwarz on October 15, 2026 at 9:01 p.m. CEST, down 1.15 percent on the day on the ASX.

Revenue growth sets the operating base

Lovisa's fiscal 2026 revenue rose 17.60 percent to AUD 938.80 million, while earnings before interest and tax increased 14.10 percent to AUD 158.20 million. Net profit after tax reached AUD 95.60 million, up 10.70 percent. These figures put the analyst targets against a business that still delivered double-digit growth in its latest completed fiscal year, rather than against a flat sales profile.

The company also generated AUD 294.50 million in operating cash flow and ended fiscal 2026 with AUD 46.70 million in net cash. The figures were reported by The Bull in its October 2026 review of the company.

Price position and valuation

On October 15, 2026, the ASX listing was last at AUD 24.16 at 4:15 p.m. CEST, with a day range of AUD 23.64 to AUD 24.77. The 52-week range was AUD 19.30 to AUD 39.33. The price therefore stood AUD 15.17 below the high and AUD 4.86 above the low. The latest quote also left Lovisa 27.77 times trailing earnings.

Lovisa's market capitalization was AUD 2.7 billion on October 15, 2026, while its trailing P/E ratio was 27.77 and its dividend yield was 4.00 percent. Morgan Stanley's AUD 33.50 target was 38.66 percent above the ASX price, while the Morgans target of AUD 31.00 was 28.02 percent higher. The comparison is useful because both targets remained above the latest home-market quotation.

Comparison with peers

Lovisa (ASX, AUD): minus 1.15 percent, P/E 27.77, market capitalization AUD 2.7 billion.
City Chic Collective (ASX, AUD): minus 9.09 percent, P/E minus 2.33, market capitalization AUD 15.4 million.
Accent Group (ASX, AUD): unchanged, P/E minus 28.38, market capitalization AUD 390.8 million.

Lovisa price in euros

The euro quotation places Lovisa below its ASX level after currency conversion, while the Australian listing remained inside its 52-week range. The next market focus is the company's operating update accompanying its annual shareholder meeting, with the exact date to be established by a formal company notice.

Lovisa Holdings Limited was established in 2010 and operates more than 900 stores across over 45 countries. Its vertically integrated model covers product design, sourcing and merchandising under the Lovisa brand, according to Lovisa.

Lovisa was trading at EUR 14.90 at Lang & Schwarz on October 15, 2026 at 9:01 p.m. CEST, down 1.15 percent on the day on the ASX. The further course of trading is shown by the continuously updated real-time quote of Lovisa stock.