Ollie's Bargain Outlet (NASDAQ:OLLI) Price Target Lowered to $152.00 at JPMorgan Chase & Co.

Key Points

• JPMorgan Chase cut its price target on Ollie's (NASDAQ:OLLI) from $163 to $152 while keeping an Overweight rating, implying roughly a 67.12% upside from current levels.
• Analyst consensus remains positive with 13 Buys and 3 Holds, giving a consensus rating of "Moderate Buy" and a consensus target price of $140.64.
• Shares traded around $90.95 midday (12‑month range $88.44–$141.74); the latest quarter posted a $1.39 EPS (beat $1.38) with revenue up 16.8% year‑over‑year, and the company set FY2026 guidance at $4.40–$4.50 EPS.

Ollie's Bargain Outlet (NASDAQ:OLLI - Get Free Report) had its price objective lowered by analysts at JPMorgan Chase & Co. from $163.00 to $152.00 in a note issued to investors on Monday,Benzinga reports. The firm currently has an "overweight" rating on the stock. JPMorgan Chase & Co.'s target price would indicate a potential upside of 67.12% from the stock's current price.

Several other equities research analysts have also weighed in on OLLI. Loop Capital raised Ollie's Bargain Outlet from a "hold" rating to a "buy" rating and raised their price objective for the stock from $130.00 to $135.00 in a research note on Monday, December 22nd. Weiss Ratings lowered Ollie's Bargain Outlet from a "buy (b-)" rating to a "hold (c+)" rating in a research note on Thursday. Jefferies Financial Group raised Ollie's Bargain Outlet from a "hold" rating to a "buy" rating and raised their price objective for the stock from $120.00 to $130.00 in a research note on Thursday, April 2nd. Bank of America reissued a "buy" rating on shares of Ollie's Bargain Outlet in a research note on Friday, March 13th. Finally, Morgan Stanley reduced their price objective on Ollie's Bargain Outlet from $130.00 to $120.00 and set an "equal weight" rating for the company in a research note on Friday, March 13th. Thirteen research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat.com, Ollie's Bargain Outlet currently has a consensus rating of "Moderate Buy" and a consensus target price of $140.64.

Ollie's Bargain Outlet Stock Performance

Shares of OLLI stock traded up $1.04 during mid-day trading on Monday, hitting $90.95. 272,072 shares of the stock traded hands, compared to its average volume of 1,242,690. Ollie's Bargain Outlet has a twelve month low of $88.44 and a twelve month high of $141.74. The firm has a market cap of $5.54 billion, a price-to-earnings ratio of 23.33, a price-to-earnings-growth ratio of 1.58 and a beta of 0.59. The company's 50-day simple moving average is $103.50 and its 200-day simple moving average is $113.81.

Ollie's Bargain Outlet (NASDAQ:OLLI - Get Free Report) last issued its quarterly earnings results on Thursday, March 12th. The company reported $1.39 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.38 by $0.01. Ollie's Bargain Outlet had a return on equity of 13.18% and a net margin of 9.08%.The company had revenue of $779.26 million for the quarter, compared to analysts' expectations of $783.72 million. During the same period last year, the firm earned $1.19 EPS. The firm's revenue for the quarter was up 16.8% on a year-over-year basis. Ollie's Bargain Outlet has set its FY 2026 guidance at 4.400-4.500 EPS. Analysts forecast that Ollie's Bargain Outlet will post 3.29 earnings per share for the current year.

Insider Transactions at Ollie's Bargain Outlet

In related news, Chairman John W. Swygert sold 3,330 shares of Ollie's Bargain Outlet stock in a transaction on Tuesday, April 7th. The stock was sold at an average price of $95.80, for a total transaction of $319,014.00. Following the completion of the sale, the chairman owned 48,200 shares of the company's stock, valued at approximately $4,617,560. This trade represents a 6.46% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 13,585 shares of company stock worth $1,275,398 over the last ninety days. 0.87% of the stock is currently owned by company insiders.

Institutional Trading of Ollie's Bargain Outlet

A number of institutional investors have recently bought and sold shares of OLLI. Allworth Financial LP raised its holdings in Ollie's Bargain Outlet by 301.8% during the third quarter. Allworth Financial LP now owns 221 shares of the company's stock valued at $28,000 after buying an additional 166 shares in the last quarter. Private Trust Co. NA raised its holdings in Ollie's Bargain Outlet by 71.3% during the third quarter. Private Trust Co. NA now owns 245 shares of the company's stock valued at $31,000 after buying an additional 102 shares in the last quarter. Cornerstone Planning Group LLC raised its holdings in Ollie's Bargain Outlet by 218.8% during the fourth quarter. Cornerstone Planning Group LLC now owns 255 shares of the company's stock valued at $27,000 after buying an additional 175 shares in the last quarter. Maseco LLP bought a new position in Ollie's Bargain Outlet during the fourth quarter valued at about $30,000. Finally, Northwestern Mutual Wealth Management Co. raised its holdings in Ollie's Bargain Outlet by 49.2% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 279 shares of the company's stock valued at $31,000 after buying an additional 92 shares in the last quarter.

Ollie's Bargain Outlet Company Profile

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.

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