Ollie's Bargain Outlet Receives $141.14 Consensus Price Target

Analysts see upside potential for the discount retailer's stock despite recent headwinds.

Apr. 7, 2026 at 6:48am

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A photorealistic studio still life featuring a stack of neatly folded clothing, a calculator, and a pen on a clean, monochromatic background, representing the financial and operational aspects of Ollie's Bargain Outlet's business.A minimalist studio still life captures the essence of Ollie's Bargain Outlet's financial performance and operational efficiency.Harrisburg Today

Shares of Ollie's Bargain Outlet Holdings, Inc. (NASDAQ:OLLI) have earned a 'Moderate Buy' consensus rating from 16 brokerages covering the company, with an average 12-month price target of $141.14. The discount retailer has faced some challenges recently, including a drop in its stock price and a lower price target from Morgan Stanley, but analysts remain largely bullish on the company's long-term prospects.

Why it matters

Ollie's Bargain Outlet is a unique discount retail concept that has found success by offering branded merchandise at significant markdowns. The company's performance is closely watched as a bellwether for the broader off-price retail sector, which has seen increased competition in recent years.

The details

Analysts have cited Ollie's strong merchandising, inventory management, and value proposition as key drivers of the company's growth. However, the stock has faced some headwinds, including a recent cut to its price target by Morgan Stanley from $140 to $120 due to macroeconomic concerns. Despite this, the majority of analysts covering the company maintain a 'Buy' rating, suggesting they see further upside potential in Ollie's shares.

  • Ollie's Bargain Outlet reported its latest quarterly earnings on March 12, 2026.
  • The company has set its fiscal year 2026 earnings guidance at $4.40 to $4.50 per share.

The players

Ollie's Bargain Outlet Holdings, Inc.

An American discount retailer specializing in closeout merchandise and surplus inventory across a broad range of categories.

Morgan Stanley

A global financial services firm that recently cut its price target for Ollie's Bargain Outlet.

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What they’re saying

“We must not let individuals continue to damage private property in San Francisco.”

— Robert Jenkins, San Francisco resident

“Fifty years is such an accomplishment in San Francisco, especially with the way the city has changed over the years.”

— Gordon Edgar, grocery employee

The takeaway

Ollie's Bargain Outlet's unique off-price retail model has allowed it to thrive in a competitive landscape, and analysts remain optimistic about the company's long-term growth prospects despite some recent headwinds. The stock's performance will continue to be closely watched as a barometer for the broader discount retail sector.