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Lakeland Industries ( (LAKE) ) has provided an update.
On September 15, 2025, Lakeland Industries announced the completion of its acquisitions of Arizona PPE Recon, Inc. and California PPE Recon, Inc., expanding its footprint in the U.S. personal protective equipment decontamination, repair, and rental markets. These strategic acquisitions are expected to add approximately $5 million in annual recurring revenue and enhance Lakeland’s service offerings in the North American fire services market, leveraging the expertise of the acquired companies’ leadership to grow its decontamination and rental services across the United States.
The most recent analyst rating on (LAKE) stock is a Buy with a $20.00 price target. To see the full list of analyst forecasts on Lakeland Industries stock, see the LAKE Stock Forecast page.
Spark’s Take on LAKE Stock
According to Spark, TipRanks’ AI Analyst, LAKE is a Neutral.
Lakeland Industries’ overall stock score is primarily influenced by its financial performance and technical analysis. Despite strong revenue growth, the company faces challenges in profitability and cash flow management. The technical indicators suggest a bearish trend, and valuation metrics indicate potential overvaluation. The positive aspects from the earnings call, such as revenue growth and acquisition success, provide some support but are outweighed by the financial and technical weaknesses.
To see Spark’s full report on LAKE stock, click here.
More about Lakeland Industries
Lakeland Industries is a global manufacturer of protective clothing for various sectors including industry, healthcare, and first responders. The company offers a wide range of fire services and industrial protective clothing and accessories, selling its products globally through a network of distributors and sales representatives. Lakeland serves multiple industries such as oil, chemical, automotive, and governmental agencies, with sales extending to over 50 countries.
Average Trading Volume: 164,947
Technical Sentiment Signal: Sell
Current Market Cap: $140M
See more insights into LAKE stock on TipRanks’ Stock Analysis page.