TD Cowen cuts Levi Strauss stock target to USD 23.00

Published on 10/20/2026 at 20:02 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Third-quarter revenue reached USD 1.61 billion on August 30, 2026. Levi Strauss stock costs EUR 18.48 on October 20, 2026 at 7:59 p.m. CEST.

Analyst target and reporting date

TD Cowen cut its Levi Strauss target from USD 28.00 to USD 23.00 on October 15, 2026.
Third-quarter revenue reached USD 1.61 billion for the period ended August 30, 2026.
Levi Strauss stock costs EUR 18.48 at Lang & Schwarz on October 20, 2026 at 7:59 p.m. CEST.
The next dividend ex-date is October 21, 2026.

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TD Cowen cut its price target for Levi Strauss stock from USD 28.00 to USD 23.00 in a research note dated October 15, 2026, while keeping its Buy rating, according to MarketBeat. The revised target is USD 2.23 above the latest primary-market price of USD 20.77, a 10.74 percent premium. Levi Strauss was trading at EUR 18.48 at Lang & Schwarz on October 20, 2026 at 7:59 p.m. CEST.

Third-quarter sales reached USD 1.61 billion

Levi Strauss reported third-quarter net revenue of USD 1.61 billion for the period ended August 30, 2026, up 4.00 percent from USD 1.54 billion a year earlier. The company also reported adjusted diluted earnings per share of USD 0.48, compared with USD 0.34 in the prior-year quarter, according to Levi Strauss & Co.

The reported operating margin was 13.80 percent in the third quarter, compared with 10.80 percent in the same period of 2025. Adjusted EBIT margin reached 15.50 percent, including a 330-basis-point net benefit from tariff refunds, according to Yahoo Finance.

What does the lower target mean?

The reduction puts TD Cowen below several other published targets. MarketBeat reported a USD 26.92 consensus target based on 14 analyst ratings, including 12 Buy ratings and two Hold ratings, as of October 15, 2026. BNP Paribas Exane had set a USD 35.00 target on October 9, 2026, while maintaining an Outperform rating, according to Investing.com.

Dividend date follows October results

Levi Strauss declared a quarterly dividend of USD 0.16 per share, with an ex-dividend date of October 21, 2026 and payment scheduled for November 4, 2026, according to Simply Wall St. The company expects fiscal 2026 reported revenue growth of 7.00 percent and adjusted earnings per share of USD 1.54 to USD 1.56, compared with its earlier adjusted earnings range of USD 1.46 to USD 1.52.

Levi Strauss stock and its market setting

Levi Strauss trades on the NYSE under ticker LEVI. Its market capitalization was USD 8.0 billion as of October 20, 2026, while its 52-week range was USD 17.72 to USD 25.70. PVH had a USD 4.0 billion market capitalization and a price-to-earnings ratio of minus 24.26 on October 20, 2026; American Eagle Outfitters had a USD 3.0 billion market capitalization and a price-to-earnings ratio of 9.10 on the same date.

Price and dates frame the next move

The next confirmed corporate date is the October 21, 2026 ex-dividend date. For investors, the key tension is visible in the contrast between stronger reported earnings and the lower TD Cowen target, while the latest quarter included a material tariff-refund benefit.

Levi Strauss was trading at EUR 18.48 at Lang & Schwarz on October 20, 2026 at 7:59 p.m. CEST.

The further course of trading is shown by the continuously updated real-time quote of Levi Strauss stock.