$LEVI

Levi Strauss stock price target lowered by Raymond James

Raymond James lowered its price target for Levi Strauss (NYSE:LEVI) to $22 from $24, citing a 'messy' outlook but favorable risk/reward. The stock trades at a P/E of 14.03 and PEG of 0.22. Levi reported Q3 EPS of $0.48, beating estimates, with net sales up 4.3% YoY to $1.6B, though revenue missed expectations. The company aims for long-term EBIT margin expansion to 15% and offers a 3.28% dividend yield.

Original reporting
Published Oct 8, 2026, 9:22 AM UTC
Analysis
AlphAI AI DeskAI-generated
Added to AlphAI Oct 8, 2026, 9:33 AM UTC. Informational, not investment advice.
How this was made
AlphAI summarizes source reporting and applies a structured AI analysis for relevance, timing, sentiment and ticker impact. Always verify material claims with the original publisher.
AlphAI market briefEarnings
Primary signal
$LEVI
Bearish
high confidence
Mentioned
$LEVI
Relevance
7/10
AlphAI data visualization · based on investing.com
Decision brief

The 30-second read

$LEVIBearishMed
01

Why it matters

The combination of an earnings beat on EPS but a revenue miss, plus a target reduction, creates mixed signals; short‑term bias leans negative.

02

Market read

New earnings data and analyst downgrade provide fresh trading impetus for LEVI.

03

What to watch

International expansion and women's product line may drive longer‑term growth beyond the quarter.

Relevance 7/10Novelty 6/10Timing: pre‑market today

Background

Levi Strauss & Co. reported Q3 adjusted EPS of $0.48 beating estimates but missed revenue expectations, prompting Raymond James to cut its price target.

Company-level read

Ticker impact

$LEVIBearishHigh confidence
Context

Raymond James lowered LEVI's price target to $22 and reported Q3 earnings miss on revenue, indicating fresh analyst downgrade and earnings data.

Expected impact

likely pressure as the market prices in the lower target and revenue shortfall

Evidence & confidence

Target cut and earnings miss are new facts that typically trigger sell‑offs in the short term.

Market effects

Denim/apparel sector may see modest pullback as peers watch LEVI's earnings miss.

U.S. consumer discretionary sentiment could soften slightly.

Limited; impact confined to apparel and consumer discretionary investors.

Counterpoint

Despite the miss, LEVI's strong cash flow and dividend yield could attract value investors.

Key entities

  • Raymond James

    Equity research firm that lowered LEVI's price target.

  • Levi Strauss & Co.

    Denim apparel maker reporting Q3 results.

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Levi Strauss & Co. (LEVI) stock fell 1.2% in pre-market trading after Q3 fiscal 2026 results beat profit expectations but missed on revenue. The profit beat included $80M in tariff refunds, raising concerns about earnings quality. The company lowered its full-year revenue growth outlook but raised adjusted EPS guidance. Weakness in the U.S. direct-to-consumer business and broader market pressure contributed to the decline.

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Levi Strauss & Co (LEVI) reported Q3 2026 net revenues up 4% (5% organic), with gross margin expanding 450 bps to 66.2%. Adjusted EBIT margin was 15.5%, and adjusted EPS $0.48. International growth was 8%, led by Asia (10%) and China (13%). DTC grew 2%, while wholesale increased 6%. Full-year guidance includes 7% revenue growth and 12.1% EBIT margin. Q4 guidance projects 3% revenue growth and 11.4%-11.6% EBIT margin.

$LEVIHighAI 9/10

Levi Strauss Lifts Profit Guidance, but Tariff Refund Flatters the Beat

Levi Strauss (LEVI) raised its full-year profit guidance after Q3 adjusted earnings of $0.48 per share beat estimates, though revenue of $1.6B met expectations. The beat was partly due to a $79M tariff refund. Shares closed at $19.51, down 4.97% pre-earnings. The company plans to redeploy $60M into direct-to-consumer initiatives, which make up 45% of revenue. Guidance for gross margin and revenue growth was also adjusted.