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Lenskart Shares Soar 3% After Motilal Oswal Sets Record Target Price
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Motilal Oswal Sets Highest Target for Lenskart, Shares Jump 3%
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Moneycontrol
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20-02-2026, 13:51
Motilal Oswal Sets Highest Target for Lenskart, Shares Jump 3%
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Motilal Oswal has set a target price of Rs 600 for Lenskart, the highest among 13 brokerage firms.
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This target suggests a potential 26% upside from current levels within 12 months, 12% higher than the consensus target of Rs 534.
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Lenskart's strong brand, supply chain, and tech-driven model justify its valuation, projecting 53% CAGR and 70% free cash flow growth by March 2028.
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The company reported strong Q3 2025 results with 38% revenue growth, doubled EBITDA, and improved profit margins to 20.1%.
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Following the report, Lenskart shares rose 3% to Rs 497.20 on Friday, February 20.
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