Royal Bank Of Canada Raises Ollie’s Bargain Outlet (NASDAQ:OLLI) Price Target to $155.00

Ollie’s Bargain Outlet (NASDAQ:OLLI) had its target price increased by research analysts at Royal Bank Of Canada from $147.00 to $155.00 in a report released on Friday,Benzinga reports. The firm currently has an “outperform” rating on the stock. Royal Bank Of Canada’s price target indicates a potential upside of 41.88% from the stock’s previous close.

A number of other equities analysts have also recently issued reports on OLLI. Craig Hallum reissued a “buy” rating and set a $157.00 price objective on shares of Ollie’s Bargain Outlet in a research report on Wednesday, December 10th. KeyCorp reaffirmed an “overweight” rating on shares of Ollie’s Bargain Outlet in a research note on Wednesday, December 10th. Wells Fargo & Company upgraded Ollie’s Bargain Outlet from an “equal weight” rating to an “overweight” rating and increased their price target for the stock from $120.00 to $130.00 in a report on Friday. Sanford C. Bernstein reissued an “outperform” rating on shares of Ollie’s Bargain Outlet in a research note on Wednesday, December 10th. Finally, Loop Capital upgraded Ollie’s Bargain Outlet from a “hold” rating to a “buy” rating and boosted their price objective for the company from $130.00 to $135.00 in a report on Monday, December 22nd. Thirteen research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, Ollie’s Bargain Outlet currently has a consensus rating of “Moderate Buy” and a consensus target price of $141.86.

Ollie’s Bargain Outlet Stock Up 4.2%

Ollie’s Bargain Outlet stock opened at $109.25 on Friday. The company has a market capitalization of $6.70 billion, a PE ratio of 28.01, a PEG ratio of 1.68 and a beta of 0.53. Ollie’s Bargain Outlet has a 12-month low of $98.19 and a 12-month high of $141.74. The firm’s fifty day moving average is $111.06 and its 200 day moving average is $119.07.

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

Insider Activity at Ollie’s Bargain Outlet

In other 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 transaction of $126,179.56. Following the completion of the sale, the chairman directly owned 48,200 shares of the company’s stock, valued at $5,401,292. The trade was a 2.28% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. 0.75% of the stock is currently owned by insiders.

Hedge Funds Weigh In On Ollie’s Bargain Outlet

A number of hedge funds have recently added to or reduced their stakes in OLLI. Goldman Sachs Group Inc. boosted its stake in Ollie’s Bargain Outlet by 315.9% during the 4th quarter. Goldman Sachs Group Inc. now owns 1,707,117 shares of the company’s stock valued at $187,117,000 after purchasing an additional 1,296,672 shares during the last quarter. Balyasny Asset Management L.P. purchased a new stake in shares of Ollie’s Bargain Outlet in the third quarter worth approximately $136,152,000. Invesco Ltd. lifted its holdings in shares of Ollie’s Bargain Outlet by 55.5% in the second quarter. Invesco Ltd. now owns 2,552,605 shares of the company’s stock valued at $336,382,000 after purchasing an additional 911,364 shares in the last quarter. Norges Bank bought a new position in shares of Ollie’s Bargain Outlet in the fourth quarter valued at approximately $85,845,000. Finally, Hood River Capital Management LLC boosted its position in shares of Ollie’s Bargain Outlet by 165.4% during 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.

More Ollie’s Bargain Outlet News

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.