EssilorLuxottica stock eases after Jefferies Buy rating and new buyback program

EssilorLuxottica stock (ISIN FR0000033219) traded around EUR 143.65 on Euronext Paris on September 16, 2026, about 2.7 percent below the EUR 147.70 close recorded on September 14, 2026 after a recent Buy rating from Jefferies and amid an ongoing share buyback program of up to 5 million shares that started on August 28, 2026.

Jefferies rating and buyback shape sentiment

According to Ad-hoc-news on September 15, 2026, Jefferies recently reiterated a Buy rating on EssilorLuxottica stock, with the shares closing at EUR 147.70 on Euronext Paris on September 14, 2026, up 0.89 percent from the previous session and reaching an intraday high around EUR 148.00.

As Vision Monday reported on September 4, 2026, EssilorLuxottica announced a share buyback program for up to 5 million shares, with purchases to be carried out by an investment services provider starting August 28, 2026, underscoring management's confidence in its value creation and long-term prospects.

Recent price action on Euronext Paris

Per historical data compiled by Investing.com, EssilorLuxottica stock closed at EUR 147.70 on Euronext Paris on September 14, 2026, before slipping to EUR 144.40 on September 15, 2026 and then to EUR 143.65 on September 16, 2026, corresponding to daily declines of 2.23 percent and 0.52 percent respectively.

The same overview shows that on September 16, 2026 the shares opened at EUR 144.35, traded between an intraday high of EUR 144.60 and an intraday low of EUR 143.05 and saw a volume of 50,130 shares, indicating that the stock's retreat of about 2.7 percent from the September 14, 2026 close remains moderate relative to the larger swings seen earlier in the month, such as the 3.62 percent drop on September 3, 2026 when the price fell from EUR 157.45 at the open to a close of EUR 152.95.

Fundamental backdrop from latest half-year results

EssilorLuxottica's recent price moves occur against the backdrop of its most recently reported interim results, which investors continue to monitor when assessing the Buy rating and the buyback program; as of mid-September 2026, these figures from the latest half-year or quarterly report remain the primary fundamental reference for evaluating the stock, even though newer detailed numbers are not highlighted in the week-filtered sources at hand.

Historical comparisons from earlier reporting periods still provide context for the current valuation; in prior fiscal years, EssilorLuxottica has reported multi-billion euro revenues and robust profitability metrics, and investors often compare the current share price level near EUR 143.65 with those historical earnings profiles to gauge whether the ongoing buyback program and the Jefferies Buy stance imply an attractive earnings multiple or a fully valued stock.

Stock remains below recent highs

Based on the Investing.com data for August and September 2026, EssilorLuxottica stock traded as high as EUR 162.25 on September 1, 2026 and EUR 160.45 on September 2, 2026, before a sequence of declines brought the closing price down to EUR 152.95 on September 3, 2026 and further to EUR 143.65 by September 16, 2026, meaning the shares are now more than 11 percent below the early-September peak.

For investors, this pullback from the September 1, 2026 level offers a concrete reference point: the current price around EUR 143.65 on Euronext Paris on September 16, 2026 stands roughly EUR 18.60 below the EUR 162.25 high reached earlier in the month, illustrating how the stock has corrected within a relatively short period even as Jefferies maintains a positive rating and the company continues to repurchase shares under the August 28, 2026 buyback mandate.

Fact box: EssilorLuxottica stock key data

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