Lakeland Industries (NASDAQ:LAKE) Price Target Lowered to $13.00 at Lake Street Capital

Lakeland Industries (NASDAQ:LAKE) had its price target cut by equities research analysts at Lake Street Capital from $16.00 to $13.00 in a report issued on Friday,Benzinga reports. The firm presently has a “buy” rating on the medical instruments supplier’s stock. Lake Street Capital’s target price would suggest a potential upside of 28.89% from the company’s current price.

Other equities research analysts also recently issued research reports about the company. Weiss Ratings restated a “sell (d)” rating on shares of Lakeland Industries in a research report on Thursday, January 22nd. Zacks Research upgraded Lakeland Industries from a “strong sell” rating to a “hold” rating in a research report on Monday, February 9th. Finally, DA Davidson cut their target price on shares of Lakeland Industries from $14.00 to $10.00 and set a “neutral” rating on the stock in a research report on Wednesday, April 8th. Two analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $14.00.

Lakeland Industries Stock Up 13.1%

Shares of NASDAQ LAKE opened at $10.09 on Friday. The company has a quick ratio of 1.48, a current ratio of 3.83 and a debt-to-equity ratio of 0.28. The firm’s 50-day simple moving average is $8.91 and its 200 day simple moving average is $11.37. Lakeland Industries has a 12-month low of $7.15 and a 12-month high of $20.50. The company has a market cap of $98.94 million, a price-to-earnings ratio of -2.40 and a beta of 1.34.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the company. BNP Paribas Financial Markets raised its stake in shares of Lakeland Industries by 87.8% during the 3rd quarter. BNP Paribas Financial Markets now owns 1,795 shares of the medical instruments supplier’s stock worth $27,000 after purchasing an additional 839 shares in the last quarter. Tripletail Wealth Management LLC acquired a new stake in Lakeland Industries in the third quarter valued at about $49,000. Bank of America Corp DE grew its holdings in shares of Lakeland Industries by 189.9% during the 2nd quarter. Bank of America Corp DE now owns 4,177 shares of the medical instruments supplier’s stock valued at $57,000 after purchasing an additional 2,736 shares during the last quarter. JPMorgan Chase & Co. bought a new position in shares of Lakeland Industries in the 2nd quarter valued at $59,000. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. acquired a new stake in shares of Lakeland Industries during the second quarter valued at about $68,000. 71.69% of the stock is owned by institutional investors and hedge funds.

Key Headlines Impacting Lakeland Industries

Here are the key news stories impacting Lakeland Industries this week:

• Positive Sentiment: Company reported FY26 net sales up 15% to $192.6M, driven by 49% growth in fire services; completed divestiture of HPFR/HiViz for ~ $14M in cash and received NFPA 1970 certifications enabling customer orders — management is targeting high single?digit revenue growth and positive operating cash flow in FY27. Lakeland Fire + Safety Reports Fiscal Fourth Quarter and Full Year 2026 Financial Results
• Positive Sentiment: New product development: company unveiled a new structural firefighting boot and continues to expand PPE portfolio to capitalize on service and equipment demand. Lakeland Fire + Safety’s New Structural Firefighting Boot
• Neutral Sentiment: Management hosted an earnings call that balanced near-term strain with longer-term targets — slides and commentary gave more visibility into cost control and the services growth plan, but lacked detail on timing of margin recovery. Lakeland Industries Inc (LAKE) Q4 2026 Earnings Call Highlights: Strong Full-Year Sales Growth …
• Negative Sentiment: Q4 results disappointed: revenue $45.8M missed consensus (~$49.7M) and EPS of -$0.61 missed estimates (consensus -$0.19), with the quarter showing a swing to a net loss and continued margin pressure. Lakeland Industries (LAKE) Reports Q4 Loss, Lags Revenue Estimates
• Negative Sentiment: Heightened legal risk: multiple law firms (Faruqi, Rosen, Pomerantz, Bronstein, others) have filed or solicited lead-plaintiff claims related to a class action covering Dec 1, 2023–Dec 9, 2025 and are reminding investors of an April 24 lead-plaintiff deadline—this increases potential litigation overhang. LAKE UPCOMING DEADLINE: Faruqi & Faruqi, LLP Reminds Lakeland Industries (LAKE) Investors of Securities Class Action Deadline on April 24, 2026
• Negative Sentiment: Analyst/coverage criticism: post?earnings analysis highlights ongoing cost pressures (tariffs, raw materials, freight), revenue misses and deteriorating profitability, noting current progress may be insufficient to restore confidence quickly. Lakeland Industries: We Are Seeing Progress, But Not Enough To Stoke Optimism

About Lakeland Industries

Lakeland Industries, Inc (NASDAQ:LAKE) is a global provider of high-performance protective apparel and accessories designed to safeguard workers in industrial, healthcare, laboratory, and emergency response environments. The company’s expertise lies in producing garments that shield against chemical, biological, radiological, and thermal risks, supporting safety protocols in sectors such as oil and gas, petrochemicals, pharmaceuticals, and first responders.

The product portfolio encompasses both single-use and reusable solutions, including chemical protective coveralls, flame-resistant garments, arc flash clothing, medical isolation gowns, and cleanroom suits.