TD Cowen analyst Oliver Chen maintained a Buy rating on LuxExperience today and set a price target of $14.00.
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Oliver Chen has given his Buy rating due to a combination of factors that highlight LuxExperience’s potential for growth and improvement. The company is expected to benefit from regional momentum in the U.S. and Europe, which together account for a significant portion of its revenue. This regional strength is anticipated to drive double-digit growth in the latter half of FY26, despite the year being marked as an investment period focused on technology and personnel integration.
Furthermore, Chen points out the company’s solid capitalization and potential for margin expansion, particularly through cost-saving initiatives such as workforce reductions and IT synergies. The management’s consistent approach to engaging top customers and restructuring efforts in the off-price segment are also seen as positive steps towards enhancing profitability. These strategic moves are expected to position LuxExperience favorably in the market, supporting the Buy rating.
Chen covers the Consumer Cyclical sector, focusing on stocks such as Tapestry, Ermenegildo Zegna, and Ulta Beauty. According to TipRanks, Chen has an average return of 7.1% and a 53.41% success rate on recommended stocks.