
Estee Lauder (EL) Stock Forecast & Price Target
Estee Lauder (EL) Analyst Ratings
Bulls say
Estée Lauder Cos demonstrated a robust performance in its second quarter of fiscal 2026, with operating margins rising by 290 basis points to 14.4%, significantly surpassing consensus estimates. The company experienced substantial growth in several regions, with mainland China’s operating margin increasing by 680 basis points to 15.9%, and the Americas showing a remarkable increase of 7,230 basis points year-over-year. Furthermore, skin care sales saw a notable growth of 620 basis points to 22.1%, indicating strong demand supported by strategic marketing and product innovations across its prestigious brand portfolio.
Bears say
Estee Lauder's financial outlook appears negative due to several concerning metrics, including a significant decline in travel retail revenues, which fell 28% year-over-year in fiscal 2025, even though there was a slight recovery in the most recent quarter. Additionally, while selling, general, and administrative expenses (SG&A) saw a decrease as a percentage of sales, the improvement was driven by an anticipated return accrual for a specific product, indicating potential weaknesses in inventory management. The company's guidance for normalized funds from operations (FFO) for 2026 fell short of prior consensus estimates, suggesting limited growth potential at a time when overall revenue growth remains sluggish, particularly given the geopolitical and consumer sentiment challenges in key international markets.
This aggregate rating is based on analysts' research of Estee Lauder and is not a guaranteed prediction by Public.com or investment advice.
Estee Lauder (EL) Analyst Forecast & Price Prediction
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