PVH (NYSE:PVH) Price Target Lowered to $95.00 at Needham & Company LLC

Key Points

• Needham lowered PVH’s price target from $102 to $95 while maintaining a “Buy” rating, implying roughly 31% upside from the stock’s previous close. The analyst consensus remains “Hold,” with an average target of $86.18.
• PVH beat quarterly earnings expectations with EPS of $3.70 versus the $3.08 consensus, while revenue of $2.10 billion was broadly in line. However, revenue fell about 3% year over year, pressured by weakness at Calvin Klein.
• Near-term concerns remain as third-quarter EPS guidance of $2.50–$2.65 is well below the $3.17 analyst consensus, despite reaffirmed full-year guidance and plans to repurchase at least $300 million of stock.

PVH (NYSE:PVH - Get Free Report) had its price target dropped by equities research analysts at Needham & Company LLC from $102.00 to $95.00 in a report issued on Thursday, Benzinga reports. The brokerage currently has a "buy" rating on the textile maker's stock. Needham & Company LLC's target price would indicate a potential upside of 30.92% from the company's previous close.

PVH has been the topic of a number of other reports. The Goldman Sachs Group cut their target price on PVH from $93.00 to $87.00 and set a "buy" rating on the stock in a report on Friday, June 5th. Zacks Research downgraded PVH from a "hold" rating to a "strong sell" rating in a research note on Tuesday, August 4th. Wall Street Zen downgraded shares of PVH from a "buy" rating to a "hold" rating in a report on Saturday, June 6th. BTIG Research reiterated a "buy" rating and issued a $100.00 target price on shares of PVH in a research note on Friday, June 5th. Finally, JPMorgan Chase & Co. restated an "underweight" rating and set a $84.00 price target (up from $70.00) on shares of PVH in a research note on Tuesday, August 4th. Six investment analysts have rated the stock with a Buy rating, five have assigned a Hold rating and three have issued a Sell rating to the company. According to MarketBeat.com, the stock presently has an average rating of "Hold" and a consensus price target of $86.18.

PVH Trading Up 0.4%

PVH stock traded up $0.28 during trading hours on Thursday, hitting $72.56. The stock had a trading volume of 1,118,468 shares, compared to its average volume of 1,068,148. The business's 50 day simple moving average is $79.47 and its 200-day simple moving average is $79.13. PVH has a one year low of $59.60 and a one year high of $100.75. The stock has a market cap of $3.35 billion, a price-to-earnings ratio of 23.02, a P/E/G ratio of 1.08 and a beta of 1.72. The company has a quick ratio of 0.93, a current ratio of 1.68 and a debt-to-equity ratio of 0.46.

PVH (NYSE:PVH - Get Free Report) last released its quarterly earnings data on Wednesday, September 2nd. The textile maker reported $3.70 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.08 by $0.62. PVH had a return on equity of 10.87% and a net margin of 1.76%.The company had revenue of $2.10 billion during the quarter, compared to the consensus estimate of $2.09 billion. During the same quarter in the prior year, the firm posted $2.52 earnings per share. The firm's revenue was down 3.2% compared to the same quarter last year. PVH has set its Q3 2026 guidance at 2.500-2.650 EPS and its FY 2026 guidance at 11.800-12.100 EPS. On average, equities analysts predict that PVH will post 12.01 EPS for the current fiscal year.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Empowered Funds LLC bought a new position in shares of PVH during the 2nd quarter valued at about $4,419,000. Principal Financial Group Inc. boosted its stake in PVH by 2.2% in the fourth quarter. Principal Financial Group Inc. now owns 563,629 shares of the textile maker's stock worth $37,774,000 after buying an additional 12,279 shares in the last quarter. Corient Private Wealth LP purchased a new stake in PVH in the second quarter worth approximately $4,892,000. Fifth Third Bancorp grew its position in PVH by 5,248.4% during the first quarter. Fifth Third Bancorp now owns 30,165 shares of the textile maker's stock valued at $2,104,000 after acquiring an additional 29,601 shares during the last quarter. Finally, BlackRock Inc. purchased a new position in shares of PVH during the second quarter worth approximately $332,758,000. 97.25% of the stock is currently owned by hedge funds and other institutional investors.

Key Stories Impacting PVH

Here are the key news stories impacting PVH this week:

• Positive Sentiment: PVH reported second-quarter non-GAAP EPS of $3.70, well above the $3.08 consensus estimate, while revenue of approximately $2.10 billion was broadly in line with expectations. Digital commerce revenue grew 4%, and management cited continued progress in its PVH+ strategic plan. PVH Beats Q2 Earnings Estimates
• Positive Sentiment: The company reaffirmed its fiscal 2026 non-GAAP revenue, operating-margin and EPS outlook and plans to repurchase at least $300 million of stock during the year. The buyback could support per-share earnings and signal management confidence in the long-term plan. PVH Reports 2026 Second Quarter Results
• Neutral Sentiment: At roughly $11.80-$12.10 of expected fiscal 2026 EPS, PVH’s guidance remains close to the analyst consensus of $11.92. Some valuation commentary argues the stock could be below fair value after its prior selloff, but this is dependent on a recovery in brand performance and consumer demand. PVH Stock Could Trade Below Fair Value
• Negative Sentiment: Second-quarter revenue declined about 3% year over year, pressured by weakness at Calvin Klein. The quarter also included a $439 million pre-tax noncash goodwill impairment, producing a $102.9 million GAAP net loss versus a year-earlier profit. Tariff refunds helped gross margin, but may not represent a recurring benefit. PVH Sales Hurt by Calvin Klein Declines
• Negative Sentiment: Fiscal third-quarter EPS guidance of $2.50-$2.65 is materially below the $3.17 analyst consensus, raising concerns about near-term earnings momentum despite the maintained full-year forecast. PVH Turns to Q2 Loss and Reaffirms Outlook

About PVH

PVH Corp is a leading global apparel company known for its portfolio of iconic brands in the dress shirt, sportswear and lifestyle categories. The company designs, markets and distributes clothing, accessories and fragrances under both owned and licensed brands. PVH's core brand holdings include Calvin Klein and Tommy Hilfiger, complemented by a range of heritage labels such as Van Heusen, IZOD, ARROW, Warner's and Olga.

PVH's operations span the entire value chain from product design and development to manufacturing, marketing and distribution.

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