Popular denim maker Levi Strauss (LEVI) is scheduled to announce the results for the second quarter of 2025 after the market closes on Thursday, July 10. Year-to-date, LEVI stock has risen by about 13%. A diversified supply chain, resilient business, and a strong balance sheet have driven LEVI stock higher. Wall Street expects Levi’s to report earnings per share (EPS) of $0.13, reflecting about a 19% year-over-year decline amid seasonal challenges, macro pressures on consumer spending, and a higher tax rate.
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Meanwhile, revenue is expected to fall 5% year-over-year to $1.37 billion. Management has been focused on improving the company’s performance by prioritizing the growth of its direct-to-consumer channel and cost management efforts.
Analysts Weigh in on LEVI’s Q2 Earnings Expectations
Heading into the Q2 earnings, Stifel analyst Jim Duffy reiterated a Buy rating on LEVI stock with a price target of $20. The 4-star analyst sees the possibility of the company delivering a modest revenue upside and an EPS beat compared to his estimates of $1.36 billion and $0.13 (adjusted), respectively. He expects this upside due to category relevance and traction with younger consumers, which supports a higher average selling price (ASP).
In general, Duffy highlighted some positives, including a structural shift in the mix toward higher-value products and channels. He also sees growing visibility to mid-single-digit percent year-over-year normalized topline growth and low-double-digit EPS growth. The analyst continues to view LEVI stock’s risk/reward favorably, given the possibility of upside to revenue and EPS expectations.
Recently, Bank of America analyst Christopher Nardone reiterated a Buy rating on LEVI stock and slightly increased the price target to $21 from $20. The top-rated analyst called LEVI stock one of Bank of America’s Top 10 U.S. Ideas for the third quarter of 2025. Nardone’s bullish stance is based on a diversified supply chain, conservative revenue outlook, and minimal China risk in terms of sourcing and sales, among other reasons. The analyst views LEVI as a brand that has momentum in both its core denim business and its emerging lifestyle (non-denim) business.
Options Traders Anticipate Notable Move on Levi’s Q2 Earnings
Using TipRanks’ Options tool, we can see what options traders are expecting from the stock immediately after its earnings report. The expected earnings move is determined by calculating the at-the-money straddle of the options closest to expiration after the earnings announcement. If this sounds complicated, don’t worry, the Options tool does this for you.
Indeed, it currently says that options traders are expecting about a 9.7% move in either direction in Levi Strauss stock in reaction to Q2 results.
Is LEVI a Good Stock to Buy?
Turning to Wall Street, Levi Strauss stock scores a Strong Buy consensus rating based on seven Buys and one Hold recommendation. The average LEVI stock price target of $20.13 indicates a modest upside potential of 3.1% from current levels.
