Wells Fargo & Company Increases Victoria's Secret & Co. (NYSE:VSXY) Price Target to $90.00

Key Points

• Wells Fargo raised its price target on Victoria’s Secret & Co. from $57 to $90 and kept an overweight rating, implying about 22% upside from the prior close.
• The company’s latest earnings beat expectations, reporting EPS of $0.60 versus $0.29 expected and revenue of $1.56 billion versus $1.52 billion, alongside a swing to profitability.
• Despite some mixed analyst opinions, overall sentiment remains constructive: the stock has a Moderate Buy consensus with a $75 average price target, while the shares traded down 8% on the day despite recent strong momentum.

Victoria's Secret & Co. (NYSE:VSXY - Get Free Report) had its target price raised by Wells Fargo & Company from $57.00 to $90.00 in a report released on Wednesday,Benzinga reports. The brokerage currently has an "overweight" rating on the stock. Wells Fargo & Company's price objective suggests a potential upside of 22.15% from the stock's previous close.

Several other analysts also recently issued reports on VSXY. TD Cowen lowered their price objective on shares of Victoria's Secret & Co. from $60.00 to $58.00 and set a "hold" rating for the company in a research report on Friday, March 6th. Barclays boosted their target price on shares of Victoria's Secret & Co. from $67.00 to $108.00 and gave the stock an "overweight" rating in a research report on Wednesday. Wall Street Zen downgraded shares of Victoria's Secret & Co. from a "strong-buy" rating to a "buy" rating in a research note on Sunday, April 5th. UBS Group lowered shares of Victoria's Secret & Co. from a "buy" rating to a "neutral" rating and set a $90.00 price target for the company. in a report on Wednesday. Finally, Bank of America upgraded shares of Victoria's Secret & Co. from a "neutral" rating to a "buy" rating and boosted their price objective for the stock from $58.00 to $68.00 in a report on Wednesday, April 29th. One investment analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and six have assigned a Hold rating to the company's stock. Based on data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $75.00.

Victoria's Secret & Co. Trading Down 8.0%

Shares of VSXY opened at $73.68 on Wednesday. Victoria's Secret & Co. has a 12 month low of $17.53 and a 12 month high of $81.28. The stock's 50-day moving average is $49.54 and its two-hundred day moving average is $51.89. The company has a debt-to-equity ratio of 1.07, a current ratio of 1.25 and a quick ratio of 0.54. The stock has a market cap of $5.85 billion, a PE ratio of 39.61, a P/E/G ratio of 0.95 and a beta of 2.16.

Victoria's Secret & Co. (NYSE:VSXY - Get Free Report) last posted its earnings results on Tuesday, June 2nd. The company reported $0.60 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.29 by $0.31. The business had revenue of $1.56 billion during the quarter, compared to analyst estimates of $1.52 billion. Victoria's Secret & Co. had a return on equity of 33.55% and a net margin of 2.45%.During the same quarter last year, the firm earned $0.09 earnings per share. Equities analysts forecast that Victoria's Secret & Co. will post 3.49 earnings per share for the current fiscal year.

Insider Activity at Victoria's Secret & Co.

In related news, Director Donna James purchased 2,175 shares of the firm's stock in a transaction dated Thursday, April 2nd. The stock was acquired at an average price of $46.23 per share, with a total value of $100,550.25. Following the completion of the transaction, the director owned 63,097 shares of the company's stock, valued at $2,916,974.31. This represents a 3.57% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Anne Sheehan purchased 4,842 shares of the firm's stock in a transaction dated Thursday, April 2nd. The shares were bought at an average cost of $45.86 per share, with a total value of $222,054.12. Following the transaction, the director directly owned 34,261 shares of the company's stock, valued at approximately $1,571,209.46. This represents a 16.46% increase in their position. The SEC filing for this purchase provides additional information. 0.52% of the stock is owned by insiders.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in VSXY. Bbfit Investments PTE Ltd. bought a new stake in shares of Victoria's Secret & Co. in the 4th quarter worth about $558,521,000. Vanguard Group Inc. increased its holdings in shares of Victoria's Secret & Co. by 3.1% in the 4th quarter. Vanguard Group Inc. now owns 8,748,614 shares of the company's stock valued at $473,912,000 after acquiring an additional 263,079 shares during the last quarter. Dimensional Fund Advisors LP increased its holdings in shares of Victoria's Secret & Co. by 10.3% in the 3rd quarter. Dimensional Fund Advisors LP now owns 2,549,501 shares of the company's stock valued at $69,187,000 after acquiring an additional 238,516 shares during the last quarter. Cramer Rosenthal Mcglynn LLC raised its position in shares of Victoria's Secret & Co. by 32.0% during the 3rd quarter. Cramer Rosenthal Mcglynn LLC now owns 2,363,850 shares of the company's stock valued at $64,155,000 after acquiring an additional 572,844 shares in the last quarter. Finally, Goldman Sachs Group Inc. raised its position in shares of Victoria's Secret & Co. by 11.0% during the 4th quarter. Goldman Sachs Group Inc. now owns 2,011,366 shares of the company's stock valued at $108,956,000 after acquiring an additional 199,170 shares in the last quarter. 90.29% of the stock is owned by institutional investors and hedge funds.

More Victoria's Secret & Co. News

Here are the key news stories impacting Victoria's Secret & Co. this week:

• Positive Sentiment: Victoria's Secret delivered first-quarter 2026 EPS of $0.60 versus $0.29 expected and revenue of $1.56 billion versus $1.52 billion expected, signaling stronger-than-anticipated demand. Victoria's Secret & Co. Reports First Quarter 2026 Results
• Positive Sentiment: The company swung to a $47.7 million profit from a loss a year ago, reinforcing that the turnaround is translating into better profitability. Bra Sales Power Victoria's Secret Turnaround and Shares Soar 35%
• Positive Sentiment: Management raised its outlook for both the second quarter and full year, with FY 2026 revenue guidance of $7.0 billion-$7.1 billion above consensus, helping support the stock move. Victoria's Secret soars 50% as turnaround powers upbeat annual forecasts
• Positive Sentiment: All three independent proxy advisers — ISS, Glass Lewis, and Egan-Jones — recommended shareholders vote for the company’s nominees, reducing governance risk ahead of the June 11 annual meeting. All Three Independent Proxy Advisors Recommend Victoria's Secret & Co. Shareholders Vote “FOR” All of the Company's Nominees on the WHITE Proxy Card
• Positive Sentiment: Telsey Advisory Group raised its price target to $90 from $71 and kept an outperform rating, suggesting more upside if the turnaround continues. Victoria’s Secret Stock Skyrockets 47% as Hillary Super’s Turnaround Continues
• Neutral Sentiment: Media coverage highlighted that the stock hit record highs after the earnings beat and improved outlook, reflecting strong investor enthusiasm rather than a separate new catalyst. Victoria’s Secret climbs to record high as retail chain outperforms

About Victoria's Secret & Co.

Victoria’s Secret & Co is a leading designer, manufacturer and marketer of intimate apparel, beauty products and accessories for women. The company operates a portfolio of brands that includes Victoria’s Secret, renowned for its lingerie, bras and sleepwear; PINK, a line targeting younger consumers with activewear and lifestyle products; and Victoria’s Secret Beauty, offering fragrances, cosmetics and personal care items. Products are sold through retail stores as well as direct-to-consumer channels, including e-commerce platforms and mobile applications.

The origins of Victoria’s Secret date back to 1977, when founders Roy and Gaye Raymond opened the first store in San Francisco.

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