LuxExperience B.V. (NYSE:LUXE – Get Free Report) was upgraded by research analysts at Wall Street Zen from a “strong sell” rating to a “sell” rating in a report issued on Saturday, Wall Street Zen reports.
Several other brokerages have also recently commented on LUXE. B. Riley Financial raised their target price on LuxExperience B.V. from $12.00 to $13.00 and gave the stock a “buy” rating in a research report on Thursday. Weiss Ratings raised LuxExperience B.V. from a “hold (c-)” rating to a “hold (c)” rating in a research report on Friday, September 11th. TD Cowen increased their price objective on LuxExperience B.V. from $8.00 to $9.00 and gave the stock a “buy” rating in a research note on Wednesday, August 19th. Zacks Research lowered LuxExperience B.V. from a “hold” rating to a “strong sell” rating in a research report on Wednesday, September 16th. Finally, JPMorgan Chase & Co. raised their price objective on LuxExperience B.V. from $9.00 to $10.00 and gave the stock a “neutral” rating in a research report on Thursday. Two equities research analysts have rated the stock with a Buy rating, three have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, LuxExperience B.V. presently has an average rating of “Hold” and an average price target of $10.25.
Get Our Latest Analysis on LuxExperience B.V.
LuxExperience B.V. Trading Down 0.4%
Institutional Investors Weigh In On LuxExperience B.V.
Institutional investors have recently modified their holdings of the stock. Larson Financial Group LLC acquired a new position in shares of LuxExperience B.V. in the fourth quarter worth $52,000. Americana Partners LLC purchased a new stake in shares of LuxExperience B.V. during the fourth quarter worth $127,000. Bank of America Corp DE boosted its position in LuxExperience B.V. by 2,291.9% during the first quarter. Bank of America Corp DE now owns 17,054 shares of the company’s stock valued at $136,000 after purchasing an additional 16,341 shares during the last quarter. Engineers Gate Manager LP boosted its position in LuxExperience B.V. by 212.2% during the second quarter. Engineers Gate Manager LP now owns 65,245 shares of the company’s stock valued at $485,000 after purchasing an additional 44,345 shares during the last quarter. Finally, Sanctuary Advisors LLC acquired a new stake in LuxExperience B.V. during the first quarter valued at $635,000. Institutional investors and hedge funds own 10.07% of the company’s stock.
Trending Headlines about LuxExperience B.V.
Here are the key news stories impacting LuxExperience B.V. this week:
- Positive Sentiment: Strong quarterly performance and long-term targets: All business segments reportedly exceeded expectations in the fourth quarter. MyTheresa delivered 10.2% sales growth and a 13.1% increase in average order value, while NET-A-PORTER moved closer to breakeven. Management is targeting €4 billion in annual sales, a 7%–9% adjusted EBITDA margin and breakeven by fiscal 2028, supporting the investment case. LuxExperience: My Old Thesis Just Got Dressed
- Positive Sentiment: Higher price target from B. Riley: B. Riley raised its target from $12 to $13 and maintained a Buy rating, indicating substantial potential upside from recent trading levels. The firm’s view adds support to the bullish reaction following the earnings update. B. Riley raises LuxExperience price target
- Positive Sentiment: Improving financial flexibility: LuxExperience expects to hold €200 million–€300 million in cash by fiscal 2030 and has authorization for share repurchases, which could provide additional support for shareholder returns if execution improves.
- Neutral Sentiment: JPMorgan raised its target but remains cautious: JPMorgan increased its price target from $9 to $10 while retaining a Neutral rating, suggesting the bank sees limited near-term upside after the recent advance. JPMorgan raises LuxExperience price target
- Negative Sentiment: Zacks downgrade: Zacks Research cut LuxExperience from Hold to Strong Sell, highlighting the market’s continued concern over execution risk, losses and the company’s path to sustained profitability.
About LuxExperience B.V.
LuxExperience B.V. is a global luxury e-commerce company operating digital platforms that connect consumers with premium fashion, accessories, beauty products and lifestyle goods. Its portfolio includes Mytheresa, NET-A-PORTER, MR PORTER, YOOX and THE OUTNET, offering products from a broad range of established luxury and designer brands.
The company serves customers internationally through localized websites and mobile experiences, providing online shopping, curated product selection, editorial content, customer service and related digital retail services.
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