William Blair analyst Dylan Carden has maintained their bullish stance on EYE stock, giving a Buy rating on November 6.
TipRanks Black Friday Sale
- Claim 60% off TipRanks Premium for the data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Dylan Carden’s rating is based on National Vision Holdings’ promising growth outlook and strategic initiatives. The company has set ambitious targets for fiscal 2026 and beyond, with expectations of high-single-digit sales growth driven by both comparable store sales and new store openings. The company plans to expand its store count significantly by fiscal 2030, which is expected to contribute to its overall growth trajectory.
Additionally, National Vision Holdings is focusing on improving operating margins, with projections suggesting a steady increase over the next few years. The company also aims to achieve substantial SG&A savings and enhance its merchandise offerings, which should further support earnings growth. These strategic moves, coupled with the company’s ability to leverage its retail locations more effectively, underpin Carden’s confidence in the stock’s potential, leading to a Buy rating.
According to TipRanks, Carden is a 4-star analyst with an average return of 11.8% and a 52.94% success rate. Carden covers the Consumer Cyclical sector, focusing on stocks such as National Vision Holdings, Ulta Beauty, and Revolve Group.
In another report released on November 6, Roth MKM also reiterated a Buy rating on the stock with a $37.00 price target.