Wall Street's New Price Targets for Ollie's Bargain Outlet: What You Need to Know!

Ladies and gentlemen, buckle up! We're diving headfirst into the world of Ollie's Bargain Outlet (OLLI) as Wall Street's top analysts revamp their price expectations ahead of the Q4 earnings report. This is a stock that's been on a rollercoaster ride, and you need to be ready for the next big move!

First things first, let's talk about the earnings estimates. Wall Street analysts have adjusted their consensus EPS estimate for the quarter downward by 0.4% to $1.20 per share. That's a slight dip, but it's enough to make you sit up and take notice. The market hates uncertainty, and this adjustment is a clear sign that analysts are reassessing their initial projections. But don't panic just yet—this is a company with a history of defying expectations.

Now, let's talk about the stock performance. Ollie's Bargain Outlet shares have seen a -5.1% change in the past month, which is a stark contrast to the Zacks S&P 500 composite's -9.6% move. That's right, folks—this stock is holding its own in a tough market. But with a Zacks Rank #4 (Sell), the overall market sentiment is bearish in the near term. So, what's a savvy investor to do?



Let's break it down. The recent Q3 2025 earnings report showed a 7.8% increase in net sales, but comparable store sales decreased by 0.5%. That's a red flag, folks. The company's gross margin did improve by 1 percentage point to 40.1%, but increased SG&A expenses added pressure, rising by $36 million year-to-date. This is a company that's expanding aggressively, with plans for approximately 50 new store openings in fiscal year 2024. But expansion comes with risks, and Ollie's needs to address the decline in comparable store sales to sustain its growth trajectory.

So, what are the analysts saying? Well, the consensus among 14 contributing investment analysts is to moderate buy stock in Ollie's Bargain Outlet. This rating has held steady since March 2024, when it changed from a Hold consensus rating. The average price target is $118.29, with a high forecast of $135.00 and a low forecast of $92.00. That's a 19.41% upside from the last price of $99.06. But remember, folks—these are just estimates. The market is a living, breathing beast, and anything can happen.



Now, let's talk about the strategic initiatives. Ollie's Bargain Outlet is making big moves, with the recent opening of a new distribution center in Princeton, IL, and the acquisition of former 99 Cents Only and Big Lots stores. These moves are designed to enhance distribution capabilities and facilitate future growth. But the company needs to explain what actions it will take to reverse the trend of declining comparable store sales. The decline in net cash provided by operating activities, despite increased net income, may indicate underlying issues with working capital management. Further investigation into the nature and potential severity of these undisclosed legal proceedings is warranted.

So, what's the bottom line? Ollie's Bargain Outlet is a company with potential, but it's facing some serious challenges. The decline in comparable store sales is a red flag, and the company needs to address this issue to ensure sustainable growth. But with strategic initiatives in place and a history of defying expectations, this could be a stock worth watching. Stay tuned, folks—this is a story that's far from over!