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Investing.com - UBS raised its price target on Ralph Lauren (NYSE:RL) to $385.00 from $384.00 on Wednesday, while maintaining a Buy rating on the stock. The stock, currently trading near its 52-week high of $303.64, has delivered an impressive 31.15% return year-to-date.
The investment firm cited "very solid" first-quarter fundamentals based on its market checks, forecasting that Ralph Lauren will deliver an earnings per share beat of approximately 15 cents for the quarter. InvestingPro data shows the company maintains a strong financial health score, with impressive gross profit margins of 68.55% and robust cash flows.
UBS expects Ralph Lauren to raise its implied fiscal year 2026 earnings per share outlook by a similar amount, aligning with current market expectations.
The firm sees "more upside than downside risk" to its Q1 forecast, creating what it describes as a "modestly favorable upside/downside skew" around the upcoming earnings report.
According to UBS, the options market is pricing in a move of plus or minus 5.8% for Ralph Lauren stock over the earnings event, compared to its historical average of 6.2%, though the firm expects less volatility than the market is currently pricing.
In other recent news, Ralph Lauren has been the subject of several analyst updates and corporate announcements. UBS raised its price target for Ralph Lauren to $384, maintaining a Buy rating, following the company’s fourth-quarter earnings report. The report highlighted positive earnings per share surprises, which could lead to upward revisions in sell-side estimates. Deutsche Bank (ETR:DBKGn) also resumed coverage with a Buy rating and set a price target of $343, citing Ralph Lauren’s strong fundamentals and growth potential. BMO Capital Markets adjusted its price target to $205, maintaining an Underperform rating, while noting that Ralph Lauren surpassed quarterly expectations on both sales and gross margin.
In addition to these financial updates, Ralph Lauren announced that Angela Ahrendts will become the new Lead Independent (LON:IOG) Director after the Annual Meeting of Shareholders on July 31, 2025. She will succeed Hubert Joly, who is stepping down after 16 years of service. Meanwhile, JPMorgan reiterated its Overweight rating and a $355 price target, observing no signs of underlying softening in the business. These developments reflect a strong outlook for Ralph Lauren, with various analysts expressing confidence in the company’s strategic growth and market positioning.
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