LVMH Stock Continues Its Decline at Close Despite Analyst Adjustments
LVMH stock fell by 1.23% at the close on Tuesday, February 3, 2026, settling at 531.70 euros. The stock has now accumulated a decrease of 9.58% over seven days and shows a decline of 24.42% over one year. Several analysts have revised their outlook on the luxury group in recent sessions.
Analyst Adjustments on LVMH
On Tuesday, HSBC lowered its price target on LVMH from 775 to 700 euros, while maintaining its buy recommendation. This new target still implies a potential appreciation of 31.6% compared to the current price of the French luxury giant. The day before, RBC Capital initiated coverage with an outperform rating and a target set at 625 euros, representing a potential increase of 17.5%. These adjustments come as the stock has been under significant pressure for several weeks, reflecting ongoing investor concerns about demand in the luxury sector, particularly in China. Both analysts, however, maintain positive medium-term outlooks, believing that the valuation now partly incorporates some of the cyclical risks.
Technical Indicators and Upcoming Events
LVMH stock is now trading below its 200-day moving average, which stands at 538.42 euros, a level crossed during the session and now converted into immediate resistance. More concerning for technical investors, the RSI has plunged to 18 points, a historically low oversold level suggesting strong selling pressure and possibly short-term exhaustion. The volatility of the stock has intensified over a month, registering at 11.11%, while the 20-day and 50-day moving averages remain respectively 68.34 and 86.41 euros above the current price. These gaps reflect the magnitude of the recent downward movement. The next meeting with shareholders is scheduled for April 23 with the general assembly, followed by the detachment of the balance of the 2025 dividend on April 30.