LuxExperience B.V. (NYSE:LUXE) Price Target Raised to $13.00

LuxExperience B.V. (NYSE:LUXE) had its target price raised by B. Riley Financial from $12.00 to $13.00 in a research note issued to investors on Thursday morning,Benzinga reports. They currently have a buy rating on the stock.

A number of other equities analysts also recently weighed in on the stock. TD Cowen raised their target price on shares of LuxExperience B.V. from $8.00 to $9.00 and gave the company a “buy” rating in a research note on Wednesday, August 19th. JPMorgan Chase & Co. upped their price target on LuxExperience B.V. from $9.00 to $10.00 and gave the stock a “neutral” rating in a research note on Thursday. Finally, Weiss Ratings upgraded shares of LuxExperience B.V. from a “hold (c-)” rating to a “hold (c)” rating in a report on Friday, September 11th. Two analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $10.25.

LuxExperience B.V. Stock Up 5.9%

Shares of LuxExperience B.V. stock opened at $10.04 on Thursday. The company has a debt-to-equity ratio of 0.12, a current ratio of 2.20 and a quick ratio of 0.81. The company has a 50-day moving average of $7.94 and a 200 day moving average of $8.02. The firm has a market cap of $860.69 million, a price-to-earnings ratio of -7.02 and a beta of 1.06. LuxExperience B.V. has a 1 year low of $6.54 and a 1 year high of $11.38.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in the stock. Larson Financial Group LLC purchased a new position in shares of LuxExperience B.V. during the 4th quarter valued at about $52,000. Royal Bank of Canada increased its holdings in LuxExperience B.V. by 12.0% in the 1st quarter. Royal Bank of Canada now owns 127,621 shares of the company’s stock worth $1,020,000 after acquiring an additional 13,664 shares in the last quarter. Americana Partners LLC bought a new stake in LuxExperience B.V. during the 4th quarter worth approximately $127,000. Bank of America Corp DE raised its stake in LuxExperience B.V. by 2,291.9% during the 1st quarter. Bank of America Corp DE now owns 17,054 shares of the company’s stock worth $136,000 after acquiring an additional 16,341 shares during the period. Finally, Engineers Gate Manager LP lifted its holdings 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 in the last quarter. Institutional investors own 10.07% of the company’s stock.

Key LuxExperience B.V. News

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.

LuxExperience B.V. Company Profile

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.