The Goldman Sachs Group Lowers Ollie’s Bargain Outlet (NASDAQ:OLLI) Price Target to $100.00

Ollie’s Bargain Outlet (NASDAQ:OLLI) had its price target cut by equities research analysts at The Goldman Sachs Group from $112.00 to $100.00 in a research report issued to clients and investors on Thursday, Benzinga reports. The firm presently has a “buy” rating on the stock. The Goldman Sachs Group’s price target would suggest a potential upside of 35.39% from the stock’s current price.

OLLI has been the subject of several other reports. JPMorgan Chase & Co. lifted their price objective on Ollie’s Bargain Outlet from $70.00 to $73.00 and gave the company a “neutral” rating in a report on Tuesday, August 18th. Royal Bank Of Canada upped their price target on shares of Ollie’s Bargain Outlet from $121.00 to $124.00 and gave the stock an “outperform” rating in a research report on Thursday. Gordon Haskett reiterated an “accumulate” rating and set a $90.00 price objective (down from $100.00) on shares of Ollie’s Bargain Outlet in a research note on Thursday, June 4th. Citigroup reduced their price objective on shares of Ollie’s Bargain Outlet from $111.00 to $100.00 and set a “buy” rating for the company in a research note on Wednesday, August 26th. Finally, Wells Fargo & Company set a $98.00 target price on Ollie’s Bargain Outlet in a research report on Thursday. Thirteen investment analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $102.57.

Ollie’s Bargain Outlet Trading Down 0.0%

Shares of NASDAQ:OLLI traded down $0.01 during trading on Thursday, reaching $73.86. The company’s stock had a trading volume of 1,301,860 shares, compared to its average volume of 1,624,420. Ollie’s Bargain Outlet has a 12 month low of $60.29 and a 12 month high of $139.21. The firm’s 50 day simple moving average is $72.23 and its two-hundred day simple moving average is $84.47. The stock has a market capitalization of $4.46 billion, a PE ratio of 18.21, a price-to-earnings-growth ratio of 1.28 and a beta of 0.50.

Ollie’s Bargain Outlet (NASDAQ:OLLI) last released its earnings results on Wednesday, September 2nd. The company reported $1.42 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.12 by $0.30. Ollie’s Bargain Outlet had a net margin of 9.13% and a return on equity of 13.43%. The firm had revenue of $741.31 million during the quarter, compared to analyst estimates of $747.71 million. During the same quarter last year, the business earned $0.99 EPS. The business’s revenue was up 9.1% on a year-over-year basis. Ollie’s Bargain Outlet has set its FY 2026 guidance at 4.570-4.650 EPS. Research analysts anticipate that Ollie’s Bargain Outlet will post 4.44 EPS for the current fiscal year.

Institutional Trading of Ollie’s Bargain Outlet

A number of hedge funds and other institutional investors have recently modified their holdings of OLLI. BlackRock Inc. acquired a new position in Ollie’s Bargain Outlet in the 2nd quarter valued at about $430,204,000. California State Teachers Retirement System raised its position in shares of Ollie’s Bargain Outlet by 7,370.7% during the 2nd quarter. California State Teachers Retirement System now owns 5,491,385 shares of the company’s stock valued at $422,178,000 after buying an additional 5,417,879 shares during the period. Wasatch Advisors LP lifted its holdings in Ollie’s Bargain Outlet by 45.9% in the second quarter. Wasatch Advisors LP now owns 4,362,067 shares of the company’s stock valued at $335,356,000 after acquiring an additional 1,371,744 shares during the last quarter. Invesco Ltd. grew its position in Ollie’s Bargain Outlet by 17.2% in the third quarter. Invesco Ltd. now owns 2,992,848 shares of the company’s stock worth $384,282,000 after acquiring an additional 440,243 shares during the period. Finally, Goldman Sachs Group Inc. increased its stake in Ollie’s Bargain Outlet by 315.9% during the fourth quarter. Goldman Sachs Group Inc. now owns 1,707,117 shares of the company’s stock worth $187,117,000 after acquiring an additional 1,296,672 shares during the last quarter.

Trending Headlines about Ollie’s Bargain Outlet

Here are the key news stories impacting Ollie’s Bargain Outlet this week:

• Positive Sentiment: Profit beat and raised EPS outlook: Second-quarter adjusted EPS was $1.42, well above the roughly $1.12-$1.14 analyst consensus and up from $0.99 a year earlier. Ollie’s raised fiscal 2026 adjusted EPS guidance to $4.57-$4.65, above the $4.52 consensus. Tariff refunds helped lift margins and profitability. Ollie’s second-quarter fiscal 2026 results
• Positive Sentiment: Continued store expansion: Net sales rose 9.1% year over year, the company opened 15 stores, and Ollie’s Army membership increased 12.7%. Management is targeting 75 new stores for fiscal 2026, supporting longer-term revenue growth. Fiscal 2026 sales and store targets
• Positive Sentiment: Lower prices may strengthen traffic: Ollie’s plans to invest $15 million in lower prices, a move intended to improve its value proposition and attract cost-conscious shoppers. Ollie’s lower-price investment
• Neutral Sentiment: Analyst views remain broadly constructive but mixed: RBC raised its target to $124 and retained an outperform rating, while Jefferies remained a buy. Wells Fargo cut its target to $90 but kept an overweight rating, and Morgan Stanley lowered its target to $98 with an equal-weight rating.
• Negative Sentiment: Sales momentum lagged expectations: Second-quarter revenue of $741.3 million missed the approximately $747.7 million consensus, while same-store sales declined 1.8%. The company’s fiscal 2026 sales outlook of roughly $2.9 billion-$2.94 billion is below the approximately $3.0 billion analyst expectation. Investors may also view tariff refunds as a potentially temporary earnings benefit. OLLI second-quarter earnings analysis

About Ollie’s Bargain Outlet

Ollie’s Bargain Outlet is an American discount retailer specializing in closeout merchandise and surplus inventory across a broad range of categories. The company operates a no-frills retail format that offers branded and private-label products at significant markdowns. Its merchandise mix typically includes housewares, electronics, health and beauty items, food products, beauty supplies, books, toys, and seasonal goods.

Founded in 1982 by Oliver E. “Ollie” Rosenberg, the company is headquartered in Harrisburg, Pennsylvania.