Ralph Lauren Corp. (NYSE:RL) shares climbed to a new all-time high of $342.02, marking a major milestone for the iconic luxury fashion house. The stock has soared 61.3% over the past year and delivered an impressive 46% return year-to-date, underscoring sustained investor confidence in the company’s brand strength and strategic execution.
The rally comes amid robust fundamentals, including a gross profit margin of 69.22% and a PEG ratio of 0.82, signaling growth potential even as the stock trades at a P/E ratio of 24.59. Ralph Lauren’s combination of disciplined cost control, brand elevation, and digital expansion has helped it outperform many peers in the premium apparel sector.
In its second-quarter fiscal 2026 report, the company beat analyst expectations across the board. Adjusted earnings per share came in at $3.79, well above the $3.44 consensus estimate, while revenue reached $2 billion, surpassing forecasts of $1.89 billion. That represented a 17% increase year-over-year (14% in constant currency), fueled by double-digit growth across all global regions. Direct-to-consumer comparable sales jumped 13%, reflecting strong demand both in-store and online.
Following the upbeat results, several analysts revised their outlooks higher. CFRA raised its price target to $341 from $250, maintaining a Hold rating and praising the company’s execution. Evercore ISI increased its target to $385 from $375 with an Outperform rating, highlighting Ralph Lauren’s “decisive beat across every region” and improved third-quarter guidance that aligns with its strong momentum.
Ralph Lauren also raised its full-year forecast, citing continued brand strength, pricing power, and broad-based growth across its key markets — reinforcing its position as a leading name in global luxury fashion.