Update shared on 27 Nov 2025
Analysts have increased their average price target for Signet Jewelers from $95 to a range between $100 and $150, citing the company’s strong turnaround momentum, margin improvements, and ongoing strategic execution. This comes despite some macroeconomic and tariff headwinds.
Analyst Commentary
Recent research reports on Signet Jewelers reflect a blend of optimism about the company’s prospects alongside acknowledgment of challenges facing the business and its valuation. Analysts are divided in their assessments, highlighting factors that inform both upside expectations and notes of caution.
Bullish Takeaways- Bullish analysts point to continued margin improvement and a successful turnaround strategy as key factors behind recent price target increases.
- The company’s leadership and strategic execution are viewed as important drivers of future growth. The new CEO’s initiatives are considered in the early yet promising stages.
- Recent quarters have demonstrated strong sales momentum. Product innovations such as lab-grown diamond offerings have helped deliver positive results and boost investor confidence.
- Valuations are seen by some as offering a margin of safety. This could provide room for meaningful share appreciation if current trends continue.
- Bearish analysts caution that the broader macroeconomic environment remains uncertain. This may potentially limit consumer demand and put pressure on growth forecasts.
- Tariffs, particularly those imposed on imports from India, present a material headwind that could weigh on profit margins and earnings estimates over the next year.
- Despite positive short-term momentum, some remain concerned about longer-term sustainability and whether elevated targets can be justified if headwinds persist.
- Cautious holiday planning and reduced future earnings estimates indicate that risks remain. This necessity calls for a careful watch on the company’s ongoing execution and market conditions.
What's in the News
- Completed repurchase of 446,058 shares between May 4, 2025 and August 2, 2025, totaling $32.26 million. This brings total buybacks under the current program to 22.9 million shares, or 45.12% of outstanding shares (Key Developments).
- Provided earnings guidance for the third quarter of fiscal year 2026, expecting total sales in the range of $1.34 billion to $1.38 billion (Key Developments).
- Raised full-year 2026 sales guidance to a range of $6.67 billion to $6.82 billion, up from previous guidance of $6.57 billion to $6.80 billion (Key Developments).
Valuation Changes
- Fair Value Estimate remains unchanged at $113.14 per share.
- The discount rate has risen slightly and is now at 8.97%, compared to 8.93% previously.
- Revenue growth projections have increased and are now approximately 1.28%, compared to the previous estimate of 1.08%.
- Net profit margin has edged down marginally, decreasing from 8.31% to 8.24%.
- The future P/E ratio is up slightly, moving from 8.54x to 8.58x.
Disclaimer
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