EssilorLuxottica stock falls after Kepler cuts target

Published on 09/20/2026 at 12:24 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

EssilorLuxottica stock fell to EUR 138.70 on September 19, 2026 after Kepler Cheuvreux cut its target to EUR 135 from EUR 244. June-quarter revenue was EUR 14.82 billion and net profit EUR 1.57 billion.

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EssilorLuxottica stock (ISIN FR0000121667) closed at EUR 138.70 on September 19, 2026, after Kepler Cheuvreux cut its target to EUR 135 from EUR 244 and reduced its rating to Reduce.

Analyst reset

According to ad hoc news on September 19, 2026, analyst Alessandro Cuglietta moved EssilorLuxottica to Reduce and cut the price target to EUR 135 from EUR 244. The same report said the stock touched a 52-week low of EUR 138.00 and ended the session at EUR 138.70.

That leaves the share price only EUR 3.70 above Kepler's new target. The report also said the stock was down 49 percent since the start of the year, a sharp reset for a name that had traded above the target corridor only months earlier.

June quarter numbers

According to ad hoc news, EssilorLuxottica's latest earnings release for the quarter ending June 30, 2026 reported revenue of EUR 14.82 billion and net profit of EUR 1.57 billion. The same source said revenue was EUR 14.02 billion and net profit EUR 1.39 billion in the prior-year quarter.

Revenue therefore rose by EUR 0.80 billion year on year, while net profit increased by EUR 0.18 billion. For investors, that contrast matters because the June-quarter operating strength now sits next to a stock price that has moved much closer to the lower end of the recent range.

Price and value

On September 10, 2026, the same quote page showed EssilorLuxottica at EUR 145.85 on Euronext Paris, down 2.11 percent, with market capitalization of EUR 68.44 billion and volume of 864,157 shares. The report also listed a 20-session average volume of 733,744 shares.