Ralph Lauren Corporation (RL) earnings on May 21, 2026
More Ralph Lauren Corporation earnings
Prior outlook: Optimistic Outcome: Accurate
Ralph Lauren shares surged after the company reported better-than-expected results and offered positive future outlook. This strong rebound followed a previous decline.
RL price around the earnings
376.76
Change: +14.4%
2026-05-21, 23:59 UTC
- Price: green if it ends above the starting price; red if it ends below
- Start of the measured window
- End of the measured window
- Market open
- Starting price
Prior thesis
Prior outlook: Optimistic Outcome: Accurate
- Thesis published
The historical data shows beats, and there is analyst support.
Despite a recent significant price drop, the company has a perfect record of beating earnings and strong analyst support. Positive guidance was also confirmed.
Context analyzed before publication
- Summary
- Positive analyst outlook, but momentum is weak.
- Reasoning
- Analysts point to an optimistic scenario for the stock, supported by a history of exceeding earnings expectations and positive analyst price targets. However, recent trends show weakening momentum and negative sentiment from retail investors, suggesting a risky contrarian scenario.
- Playbook
- The scenario is a contrarian play, acknowledging the risks from weakening momentum and retail sentiment. The strong earnings history and analyst targets are potential support factors.
- Trend
- Momentum worsening, analyst conviction stable, retail sentiment cautious.
Analysts
Drivers
-
Analysts
Positive
Analysts maintain a positive view, with a consensus 'Buy' rating and an average price target about 25% above the current price. Recent target increases from multiple firms support this view.
Evidence
- Analyst consensus
- Buy
- Consensus average (1-5)
- 1.58
- Analysts covering the stock
- 16
- Average price target
- 414.2
- Lowest price target
- 219
- Highest price target
- 480
- Upside to price target
- 25.8%
- Quarterly earnings growth
- 21.6%
- Revenue growth
- 12.2%
- Forward EPS
- 18.05
- Trailing EPS
- 14.69
- Analyst moves in the last 60 days
- 5
- Strong buy: 4
- Buy: 12
- Hold: 2
- Sell: 0
- Strong sell: 1
- Strong buy
- 4
- Buy
- 12
- Hold
- 2
- Sell
- 0
- Strong sell
- 1
- May 18, 2026 · Needham: Reiterates rating (Buy → Buy)
- May 8, 2026 · BTIG: Maintains rating (Buy → Buy)
- May 5, 2026 · UBS: Maintains rating (Buy → Buy)
- April 16, 2026 · B of A Securities: Maintains rating (Buy → Buy)
- March 24, 2026 · Citigroup: Upgrades rating (Neutral → Buy)
News and sentiment
Evidence
Sentiment
- Sentiment
- Cautious
- Mention volume
- Low
- Normalized volume
- 33%
News
Sources (3)
- Needham Reiterates Buy on Ralph Lauren, Maintains $400 Price Target — Benzinga
- BTIG Maintains Buy on Ralph Lauren, Raises Price Target to $450 — Benzinga
- UBS Maintains Buy on Ralph Lauren, Raises Price Target to $480 — Benzinga
Technicals
Drivers
-
Technical
Negative
Recent price trends show weakening momentum over the last 14 and 30 days. The stock is market review within a tight range, indicating a lack of strong directional movement.
Evidence
- Average true range (ATR)
- 3.4%
- Distance to 52-week high
- -16.3%
- 14-day change (14d)
- -8.2%
- 30-day change (30d)
- -12.4%
- 30-day relative strength
- -12.4%
- Benchmark change (0d)
- +0.0%
- Nearest support
- 325.62
- Nearest resistance
- 330.11
- Volume accumulation ratio (14d / 46d)
- 1.71
Trends
Drivers
-
Macro & trends
Positive
Estimates for earnings per share and revenue growth are positive, suggesting a favorable fundamental trend for the company.
Evidence
- Average earnings surprise
- +9.0%
- February 5, 2026: actual EPS 6.22 vs estimate 5.81 (surprise +7.1%)
- November 6, 2025: actual EPS 3.79 vs estimate 3.45 (surprise +9.9%)
- August 7, 2025: actual EPS 3.77 vs estimate 3.5 (surprise +7.8%)
- May 22, 2025: actual EPS 2.27 vs estimate 2.04 (surprise +11.3%)
Expected move
Drivers
-
Past earnings
Positive
The company has a strong recent track record of beating earnings expectations, with an average surprise of 9.0%. This consistent outperformance is a key reason for the positive outlook.
There is no implied-move data available for this event.
Reactions over its last 19 earnings
- Median move
- 4.4%
- 75th percentile move
- 6.3%
- 90th percentile move
- 9.7%
- Up / down moves
- 12 / 7
- Average up move
- +5.2%
- Average down move
- -4.9%
Monitoring and close
What Ralph Lauren Corporation reported
There is no monitoring data available for this event.
Pre-market second reading after the results
There is no second reading available for this event.
How the stock reacted
- Outcome
- Accurate
- Consolidated
- +13.9%
- Max favorable move (MFE)
- 16%
- Max adverse move (MAE)
- 0.5%