Morgan Stanley Issues Pessimistic Forecast for Ollie’s Bargain Outlet (NASDAQ:OLLI) Stock Price

Ollie’s Bargain Outlet (NASDAQ:OLLI) had its price target lowered by equities research analysts at Morgan Stanley from $130.00 to $120.00 in a report released on Friday,Benzinga reports. The firm presently has an “equal weight” rating on the stock. Morgan Stanley’s price objective would suggest a potential upside of 9.21% from the stock’s previous close.

Other research analysts have also recently issued reports about the stock. Truist Financial set a $142.00 target price on shares of Ollie’s Bargain Outlet in a report on Friday, January 16th. Loop Capital raised shares of Ollie’s Bargain Outlet from a “hold” rating to a “buy” rating and raised their price target for the company from $130.00 to $135.00 in a research report on Monday, December 22nd. The Goldman Sachs Group restated a “buy” rating and issued a $162.00 price objective on shares of Ollie’s Bargain Outlet in a report on Wednesday, December 10th. KeyCorp reiterated an “overweight” rating on shares of Ollie’s Bargain Outlet in a research note on Wednesday, December 10th. Finally, Craig Hallum reissued a “buy” rating and issued a $157.00 target price on shares of Ollie’s Bargain Outlet in a report on Wednesday, December 10th. Thirteen analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $143.21.

Ollie’s Bargain Outlet Stock Up 4.8%

Shares of NASDAQ OLLI traded up $5.01 during trading on Friday, reaching $109.88. The company had a trading volume of 765,371 shares, compared to its average volume of 1,109,829. Ollie’s Bargain Outlet has a 12-month low of $98.19 and a 12-month high of $141.74. The stock has a market cap of $6.74 billion, a PE ratio of 30.44, a P/E/G ratio of 1.58 and a beta of 0.53. The business’s 50-day moving average is $111.10 and its 200 day moving average is $119.30.

Ollie’s Bargain Outlet (NASDAQ:OLLI) last posted its quarterly earnings results on Thursday, March 12th. The company reported $1.39 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.38 by $0.01. The firm had revenue of $779.26 million during the quarter, compared to analyst estimates of $783.72 million. Ollie’s Bargain Outlet had a return on equity of 12.86% and a net margin of 8.81%.Ollie’s Bargain Outlet’s quarterly revenue was up 16.8% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.19 EPS. Ollie’s Bargain Outlet has set its FY 2026 guidance at 4.400-4.500 EPS. On average, analysts anticipate that Ollie’s Bargain Outlet will post 3.29 earnings per share for the current year.

Insiders Place Their Bets

In related news, Chairman John W. Swygert sold 1,126 shares of the stock in a transaction that occurred on Monday, February 9th. The shares were sold at an average price of $112.06, for a total transaction of $126,179.56. Following the transaction, the chairman owned 48,200 shares in the company, valued at $5,401,292. This represents a 2.28% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 0.75% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Ollie’s Bargain Outlet

Hedge funds have recently added to or reduced their stakes in the stock. Integrated Wealth Concepts LLC raised its position in Ollie’s Bargain Outlet by 28.0% in the first quarter. Integrated Wealth Concepts LLC now owns 2,815 shares of the company’s stock worth $328,000 after acquiring an additional 615 shares during the period. Jones Financial Companies Lllp increased its stake in shares of Ollie’s Bargain Outlet by 993.4% in the 1st quarter. Jones Financial Companies Lllp now owns 2,154 shares of the company’s stock worth $251,000 after purchasing an additional 1,957 shares in the last quarter. Goldman Sachs Group Inc. raised its holdings in Ollie’s Bargain Outlet by 42.7% in the 1st quarter. Goldman Sachs Group Inc. now owns 446,277 shares of the company’s stock worth $51,929,000 after purchasing an additional 133,537 shares during the period. Empowered Funds LLC purchased a new position in Ollie’s Bargain Outlet during the first quarter valued at $359,000. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its position in Ollie’s Bargain Outlet by 12.1% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 183,412 shares of the company’s stock valued at $21,342,000 after purchasing an additional 19,837 shares in the last quarter.

Key Ollie’s Bargain Outlet News

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

• Positive Sentiment: Wells Fargo upgraded OLLI from “equal weight” to “overweight” and raised its price target to $130, signaling institutional confidence and adding upside narrative for the stock. Benzinga
• Positive Sentiment: Royal Bank of Canada (RBC) raised its price target to $155 and maintained an “outperform” view, giving a larger upside case (high-single/low-double-digit to ~40%+ from current levels) that likely pulled buying into the name. Benzinga
• Positive Sentiment: Company guidance for FY2026 was raised to $4.40–$4.50 EPS and roughly $3.0B revenue (management midpoint above prior consensus), which supports a re-rating on growth and store-expansion durability. View the press release. Press Release
• Positive Sentiment: MarketBeat and other outlet coverage are framing the quarter and guidance as reinforcement of a durable growth story (store openings, loyalty gains, cash-flow/repurchases), which can attract value-seeking and growth-oriented investors. MarketBeat
• Neutral Sentiment: Q4 results were mixed: EPS of $1.39 roughly met/edged estimates (+$0.01 vs. some consensus) while revenue of $779.3M was slightly below the consensus ~ $783.7M — positive on margin and comps but not a clean beat across the board. Transcript coverage here. Earnings Transcript
• Neutral Sentiment: Analyst write-ups (Seeking Alpha, Zacks) note strong underlying trends — comp sales, store additions and loyalty growth — but highlight the quarter’s slight top-line miss and the need to see execution on margin leverage as new stores ramp. Seeking Alpha
• Negative Sentiment: Some commentary warns valuation remains elevated after prior run-ups (“great business at a lofty price”), and management’s cautious tone on some line items could limit near-term upside until results consistently outpace guidance. Seeking Alpha — valuation note

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.