Morgan Stanley Lowers Ollie’s Bargain Outlet (NASDAQ:OLLI) Price Target to $120.00

Ollie’s Bargain Outlet (NASDAQ:OLLI) had its price target dropped by analysts at Morgan Stanley from $130.00 to $120.00 in a research report issued to clients and investors on Friday,Benzinga reports. The brokerage currently has an “equal weight” rating on the stock. Morgan Stanley’s price objective points to a potential upside of 9.84% from the stock’s previous close.

OLLI has been the subject of several other research reports. KeyCorp restated an “overweight” rating on shares of Ollie’s Bargain Outlet in a research report on Wednesday, December 10th. Craig Hallum restated a “buy” rating and issued a $157.00 price objective on shares of Ollie’s Bargain Outlet in a report on Wednesday, December 10th. Sanford C. Bernstein reaffirmed an “outperform” rating on shares of Ollie’s Bargain Outlet in a research note on Wednesday, December 10th. Piper Sandler reaffirmed an “overweight” rating on shares of Ollie’s Bargain Outlet in a report on Wednesday, December 10th. Finally, Citigroup reduced their target price on shares of Ollie’s Bargain Outlet from $150.00 to $141.00 and set a “buy” rating for the company in a research report on Thursday, December 11th. Thirteen equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $141.86.

Ollie’s Bargain Outlet Stock Performance

Shares of NASDAQ OLLI opened at $109.25 on Friday. The firm has a market cap of $6.70 billion, a PE ratio of 28.01, a PEG ratio of 1.68 and a beta of 0.53. The firm has a fifty day moving average of $111.06 and a 200 day moving average of $119.07. Ollie’s Bargain Outlet has a one year low of $98.19 and a one year high of $141.74.

Ollie’s Bargain Outlet (NASDAQ:OLLI) last posted its quarterly earnings data on Thursday, March 12th. The company reported $1.39 earnings per share for the quarter, topping analysts’ consensus estimates of $1.38 by $0.01. The company had revenue of $779.26 million during the quarter, compared to analysts’ expectations of $783.72 million. Ollie’s Bargain Outlet had a net margin of 9.08% and a return on equity of 13.38%. The firm’s revenue for the quarter was up 16.8% on a year-over-year basis. During the same period in the prior year, the business posted $1.19 earnings per share. Ollie’s Bargain Outlet has set its FY 2026 guidance at 4.400-4.500 EPS. On average, equities analysts predict that Ollie’s Bargain Outlet will post 3.29 EPS for the current fiscal year.

Insiders Place Their Bets

In other Ollie’s Bargain Outlet news, Chairman John W. Swygert sold 1,126 shares of the business’s stock in a transaction dated Monday, February 9th. The shares were sold at an average price of $112.06, for a total value of $126,179.56. Following the transaction, the chairman directly owned 48,200 shares in the company, valued at $5,401,292. The trade was a 2.28% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. 0.75% of the stock is owned by insiders.

Institutional Trading of Ollie’s Bargain Outlet

Hedge funds and other institutional investors have recently made changes to their positions in the company. Wasatch Advisors LP grew its position in Ollie’s Bargain Outlet by 1.2% in the second quarter. Wasatch Advisors LP now owns 4,062,147 shares of the company’s stock worth $535,310,000 after acquiring an additional 49,603 shares during the period. Invesco Ltd. raised its holdings in Ollie’s Bargain Outlet by 17.2% in the 3rd quarter. Invesco Ltd. now owns 2,992,848 shares of the company’s stock valued at $384,282,000 after buying an additional 440,243 shares during the period. Goldman Sachs Group Inc. raised its holdings in Ollie’s Bargain Outlet by 315.9% in the 4th quarter. Goldman Sachs Group Inc. now owns 1,707,117 shares of the company’s stock valued at $187,117,000 after buying an additional 1,296,672 shares during the period. Hood River Capital Management LLC lifted its position in Ollie’s Bargain Outlet by 165.4% in the second quarter. Hood River Capital Management LLC now owns 1,240,339 shares of the company’s stock valued at $163,452,000 after buying an additional 773,013 shares during the last quarter. Finally, Geode Capital Management LLC lifted its position in Ollie’s Bargain Outlet by 4.9% in the fourth quarter. Geode Capital Management LLC now owns 1,217,762 shares of the company’s stock valued at $133,504,000 after buying an additional 56,948 shares during the last quarter.

Ollie’s Bargain Outlet News Roundup

Here are the key news stories impacting Ollie’s Bargain Outlet this week:

• Positive Sentiment: Q4 results beat on EPS and showed healthy momentum: EPS of $1.39 (beat by $0.01), comps +3.6% and revenue +16.8% y/y; company set FY2026 EPS guidance of $4.40–4.50 and revenue roughly $2.99–$3.01B — guidance is above prior street figures and supports multi-year growth from store openings and loyalty gains. Read More.
• Positive Sentiment: Aggressive store expansion remains a clear growth driver — Ollie’s opened ~86 stores last year and is rolling out dozens more across multiple states, which underpins revenue and comp growth opportunities. Read More.
• Positive Sentiment: Several brokers upgraded or raised targets after the print — RBC raised its target to $155 and Wells Fargo upgraded to overweight (PT $130), signaling renewed analyst confidence that expansion and conversions (e.g., Big Lots closures) can drive outsized upside. Read More.
• Neutral Sentiment: Earnings call transcript confirms results were broadly in line with expectations (management reiterated growth plan and discussed margin dynamics), offering more color but no surprise guidance changes beyond the issued FY range. Read More.
• Neutral Sentiment: Market commentary highlights strong fundamentals but flags valuation and the prospect that guidance may be conservative — several pieces call the business high quality but note the share pullback and mixed near-term comparisons. Read More.
• Negative Sentiment: Not all analysts were uniformly more bullish — Morgan Stanley cut its price target to $120 and set an equal‑weight rating, reflecting caution on near-term upside despite the long‑term story. Read More.
• Negative Sentiment: Revenue slightly missed consensus ($779.3M vs. ~$783.7M) and the EPS beat was marginal, which leaves room for investor sensitivity if future quarters show similar tight misses versus elevated expectations. Read More.

Ollie’s Bargain Outlet Company Profile

Ollie’s Bargain Outlet is an American discount retailer specializing in closeout merchandise and surplus inventory across a broad range of categories. The company operates a no-frills retail format that offers branded and private-label products at significant markdowns. Its merchandise mix typically includes housewares, electronics, health and beauty items, food products, beauty supplies, books, toys, and seasonal goods.

Founded in 1982 by Oliver E. “Ollie” Rosenberg, the company is headquartered in Harrisburg, Pennsylvania.