Why The Estée Lauder Companies Inc. (EL) Stock Rose 5.5% on Oct 15, 2026
What happened
Morgan Stanley raised its price target on Estée Lauder to $112 from $102, driving a +4.46% intraday rally to $106.13. The upgrade follows similar recent adjustments from Barclays (to $108) and Goldman Sachs (to $116), all citing confidence in the company's multi-year 'Profit Recovery Plan' and broad-based organic sales turnaround ahead of Q1 fiscal 2027 earnings.
EL earnings report scheduled for early November 2026 (date not yet confirmed); consensus EPS estimate is $0.51. Monitor for any updates to the company's Profit Recovery Plan trajectory and organic sales growth metrics.
Other developments that session
EL announced BEAUTY&YOU India 2026 winners, marking five years supporting Indian beauty entrepreneurs.
Frequently asked questions
Why did The Estée Lauder Companies Inc. (EL) stock rise on Oct 15, 2026?
Morgan Stanley raised its price target on Estée Lauder to $112 from $102, driving a +4.46% intraday rally to $106.13. The upgrade follows similar recent adjustments from Barclays (to $108) and Goldman Sachs (to $116), all citing confidence in the company's multi-year 'Profit Recovery Plan' and broad-based organic sales turnaround ahead of Q1 fiscal 2027 earnings.
How much did EL stock rise on Oct 15, 2026?
EL rose 5.5% during the Oct 15, 2026 trading session.