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Victoria's Secret & Co.NYSE:VSCO Stock Report

Market Cap US$4.1b
Share Price
US$48.04
US$65.56
26.7% undervalued intrinsic discount
1Y140.9%
7D-8.3%
Portfolio Value
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Victoria's Secret & Co.

NYSE:VSCO Stock Report

Market Cap: US$4.1b

Victoria's Secret (VSCO) Stock Overview

Operates as a specialty retailer of women’s intimate, and other apparel and beauty products worldwide. More details

VSCO fundamental analysis
Snowflake Score
Valuation4/6
Future Growth4/6
Past Performance1/6
Financial Health3/6
Dividends0/6

VSCO Community Fair Values

Create Narrative

See what 51 others think this stock is worth. Follow their fair value or set your own to get alerts.

Victoria's Secret & Co. Competitors

Price History & Performance

Summary of share price highs, lows and changes for Victoria's Secret
Historical stock prices
Current Share PriceUS$47.55
52 Week HighUS$66.89
52 Week LowUS$17.53
Beta2.25
1 Month Change-2.12%
3 Month Change-23.85%
1 Year Change140.88%
3 Year Change86.11%
5 Year Changen/a
Change since IPO11.88%

Recent News & Updates

Narrative Update May 03

VSCO: Brand Repositioning Progress Will Support Stronger Earnings Power

Analysts have lifted the illustrative fair value for Victoria's Secret from about $31 to about $66, reflecting higher assumed revenue growth and profit margins, a lower future P/E, and recent Street research citing improving sales momentum, brand repositioning progress, and raised earnings estimates. Analyst Commentary Recent Street research on Victoria's Secret focuses heavily on brand repositioning, earnings power, and how much of the recovery story may already be reflected in valuation.
Narrative Update Apr 19

VSCO: Brand Repositioning And Q1 Momentum Will Support Future Upside

Analysts have lifted the average price target for Victoria's Secret from $73 to $81. This change reflects updated expectations around brand repositioning, improving sales momentum and refined margin assumptions across recent research.
Seeking Alpha Apr 11

Victoria's Secret: Upgrading To A Cautious Hold, Due To The Sustained Demand

Summary Victoria's Secret previously received a sell rating due to inconsistent profitability, balance sheet issues, and unattractive valuation. Recent Q4 and FY2025 results, along with updated outlook, are central to reassessing VSCO's investment case. Balance sheet concerns and risks remain material, influencing the overall investment thesis. Valuation remains a key hurdle for VSCO, supporting continued caution on the stock. Read the full article on Seeking Alpha

Recent updates

Narrative Update May 03

VSCO: Brand Repositioning Progress Will Support Stronger Earnings Power

Analysts have lifted the illustrative fair value for Victoria's Secret from about $31 to about $66, reflecting higher assumed revenue growth and profit margins, a lower future P/E, and recent Street research citing improving sales momentum, brand repositioning progress, and raised earnings estimates. Analyst Commentary Recent Street research on Victoria's Secret focuses heavily on brand repositioning, earnings power, and how much of the recovery story may already be reflected in valuation.
Narrative Update Apr 19

VSCO: Brand Repositioning And Q1 Momentum Will Support Future Upside

Analysts have lifted the average price target for Victoria's Secret from $73 to $81. This change reflects updated expectations around brand repositioning, improving sales momentum and refined margin assumptions across recent research.
Seeking Alpha Apr 11

Victoria's Secret: Upgrading To A Cautious Hold, Due To The Sustained Demand

Summary Victoria's Secret previously received a sell rating due to inconsistent profitability, balance sheet issues, and unattractive valuation. Recent Q4 and FY2025 results, along with updated outlook, are central to reassessing VSCO's investment case. Balance sheet concerns and risks remain material, influencing the overall investment thesis. Valuation remains a key hurdle for VSCO, supporting continued caution on the stock. Read the full article on Seeking Alpha
Narrative Update Apr 04

VSCO: Brand Repositioning And Q1 Momentum Will Drive Future Repricing

The analyst fair value estimate for Victoria's Secret has increased from $75.00 to $81.00. This reflects updated Street targets in the $58 to $81 range, as analysts highlight improving sales momentum, brand repositioning efforts, and refreshed earnings models following recent Q4 results.
Narrative Update Mar 21

VSCO: Brand Repositioning And Q1 Momentum Will Support Margin Expansion

The updated analyst price target for Victoria's Secret edges down by $5 to $50, as analysts weigh improving sales momentum, brand repositioning progress, and EPS estimate revisions against expectations that continued investment could pressure margins in the near term. Analyst Commentary Recent Street research on Victoria's Secret reflects a mix of optimism around brand repositioning and sales trends alongside a more measured stance on valuation, margin risks, and execution.
Narrative Update Mar 07

VSCO: Brand Repositioning And Margin Momentum Should Outrun Ongoing Execution Risks

The analyst price target for Victoria's Secret has moved higher, with our fair value estimate increasing by $3 to $55, as analysts point to ongoing brand repositioning, improving sales momentum and margins, and refreshed earnings models following recent Q4 results. Analyst Commentary Recent research on Victoria's Secret reflects a mix of optimism about the brand repositioning and Q4 execution alongside more cautious views on how much upside is already reflected in the stock.
Narrative Update Feb 21

VSCO: Macro Tailwinds Into 2026 Will Likely Outrun Fragile Execution

Analysts have lifted their fair value estimate for Victoria's Secret by $5 to $52, citing updated assumptions for revenue growth, profit margins, and a higher future P/E multiple that align with recent Street price target increases from firms expressing a constructive view on specialty retail into 2026. Analyst Commentary Recent research has highlighted a more constructive tone around specialty retail into 2026, with some firms referencing factors such as inventory discipline and potential support from lower interest rates and gas prices.
Narrative Update Feb 07

VSCO: Inventory Discipline And Macro Tailwinds Will Drive Future Repricing

Analysts have lifted their price targets for Victoria's Secret, with our fair value estimate nudging up from US$73.00 to US$75.00 as they factor in updated assumptions for revenue growth, profit margins and future P/E. This is supported by recent target increases from multiple firms citing inventory discipline and potential macro tailwinds.
Narrative Update Jan 23

VSCO: Path To Potential Momentum Will Likely Outrun Durable Execution

Narrative Update Analysts lifted their price target on Victoria's Secret from about $37 to $47, citing higher targets from firms such as Barclays and improved execution under the "Path to Potential" plan, which they say is supporting slightly stronger growth assumptions, modestly better margins, and a higher future P/E multiple. Analyst Commentary Recent Street research on Victoria's Secret highlights a mix of optimism around the "Path to Potential" plan and caution about how durable any improvement might be.
Narrative Update Jan 09

VSCO: Path To Potential And Fashion Show Engagement Will Drive Repricing

Narrative Update The analyst price target for Victoria's Secret has moved sharply higher from about $34.57 to $73.00. Analysts point to a more constructive sector view, management's "Path to Potential" initiatives and encouraging early signals from the 2025 Fashion Show as key supports for the reassessment.
Analysis Article Dec 31

Victoria's Secret & Co.'s (NYSE:VSCO) 33% Jump Shows Its Popularity With Investors

Despite an already strong run, Victoria's Secret & Co. ( NYSE:VSCO ) shares have been powering on, with a gain of 33...
Narrative Update Dec 15

VSCO: Path To Potential Execution Risk Will Likely Limit Further Upside

Narrative Update The analyst price target for Victoria's Secret has more than doubled from approximately $17 to about $37 per share, as analysts point to improving execution under the Path to Potential strategy, stronger brand momentum across VS and PINK, and better than expected earnings performance as key drivers of their outlook. Analyst Commentary Recent Street research continues to reflect a more balanced view on Victoria's Secret, with upgrades and higher price targets acknowledging operational progress while still embedding caution on the durability of the turnaround.
Narrative Update Nov 30

VSCO: Margin Pressure Will Persist As Tariff Headwinds Remain A Risk

Analysts have increased their price target for Victoria's Secret from $29.90 to $31.20, citing stronger brand momentum and the positive impact of the company's ongoing strategic initiatives. Analyst Commentary Recent research notes from leading analysts reflect a growing sense of optimism around Victoria's Secret, balanced with ongoing cautions about the company’s execution and market positioning.
Narrative Update Nov 16

VSCO: Margins May Face Pressure From Ongoing Tariff Headwinds This Year

Analysts have raised their fair value price target for Victoria's Secret from $29.00 to $29.90, citing sustained brand momentum and early signs of stabilization under new strategic initiatives. Analyst Commentary Recent street research reflects a dynamic range of perspectives regarding Victoria's Secret's near-term prospects and execution under new management.
Analysis Article Nov 06

Victoria's Secret & Co.'s (NYSE:VSCO) 28% Price Boost Is Out Of Tune With Earnings

Despite an already strong run, Victoria's Secret & Co. ( NYSE:VSCO ) shares have been powering on, with a gain of 28...
Narrative Update Nov 01

VSCO: Tariff Headwinds Will Limit Impact Of Management Turnaround Efforts

Analysts have raised Victoria's Secret fair value estimate from $25.40 to $29.00. They cite stronger management execution, ongoing brand initiatives, and early signs of business stabilization as key factors supporting the upward revision.
Narrative Update Oct 18

Global Expansion And Inclusivity Will Create Future Opportunities

Victoria's Secret's analyst price target has risen modestly from $24.90 to $25.40. Analysts cite improved strategic execution, stronger earnings momentum, and optimistic early signs following leadership changes.
Narrative Update Oct 04

Global Expansion And Inclusivity Will Create Future Opportunities

The analyst price target for Victoria's Secret increased from $23.80 to $24.90. This change reflects analyst optimism after stronger-than-expected Q2 results and early benefits from recent strategic initiatives.
Narrative Update Sep 14

Global Expansion And Inclusivity Will Create Future Opportunities

Victoria's Secret's analyst price target has been raised to $23.80, reflecting growing confidence in its improved Q2 performance and strategic execution, though tempered by macroeconomic and tariff headwinds. Analyst Commentary Bullish analysts note that Victoria's Secret delivered a fiscal Q2 beat, with improving brand initiatives starting to gain traction.
Analysis Article Sep 05

Victoria's Secret & Co.'s (NYSE:VSCO) Shares Bounce 30% But Its Business Still Trails The Market

Victoria's Secret & Co. ( NYSE:VSCO ) shareholders would be excited to see that the share price has had a great month...
Narrative Update Aug 30

Expanding International Operations And Revitalizing PINK Will Drive Future Success

Analysts have lifted their price target for Victoria’s Secret to $22.70, citing improved brand perception, better-than-expected Q2 results, and effective management execution, though concerns remain about macro pressures and the sustainability of earnings upside. Analyst Commentary Bullish analysts highlight brand initiatives showing progress and improving consumer perception.
Analysis Article Jul 22

Estimating The Fair Value Of Victoria's Secret & Co. (NYSE:VSCO)

Key Insights The projected fair value for Victoria's Secret is US$21.53 based on 2 Stage Free Cash Flow to Equity With...
Analysis Article May 13

Improved Earnings Required Before Victoria's Secret & Co. (NYSE:VSCO) Stock's 28% Jump Looks Justified

Victoria's Secret & Co. ( NYSE:VSCO ) shareholders are no doubt pleased to see that the share price has bounced 28% in...
Seeking Alpha Apr 21

Victoria's Secret: Tariffs Are The Latest Challenge

Summary Victoria's Secret & Co. stock has plummeted over two-thirds recently, driven by profit-taking, tariff concerns, and weak consumer sentiment. Despite a strong 3QFY24 and raised 4QFY24 outlook, VSCO stock retreated due to profit-taking and macroeconomic concerns, including tariffs. The company's balance sheet is stable, but the stock remains volatile amid potential buyout rumors and unknown impacts from new tariffs. An analysis around Victoria's Secret follows in the paragraphs below. Read the full article on Seeking Alpha
Analysis Article Apr 15

Are Investors Undervaluing Victoria's Secret & Co. (NYSE:VSCO) By 25%?

Key Insights Using the 2 Stage Free Cash Flow to Equity, Victoria's Secret fair value estimate is US$21.69 Victoria's...
Seeking Alpha Mar 19

Victoria's Secret: Moving In The Right Direction, But FY25 Is An Uncertain Year

Summary I recommend a hold rating for Victoria's Secret due to FY25 uncertainties, despite encouraging 4Q24 results showing improved fundamentals and cost controls. 4Q24 highlights include 5% same-store sales growth, double-digit international growth, and a 60 bps increase in adj EBIT margin, beating EPS estimates. Key growth drivers: stabilization in intimates, international expansion, and solid cost discipline, supported by the new CEO's "Path to Potential" strategy. Read the full article on Seeking Alpha
Seeking Alpha Mar 11

Victoria's Secret: Lacing Up Profits With A Turnaround That's Shaping Up Nicely

Summary Victoria's Secret shows signs of recovery with revenue growth, improved profitability, and a leaner cost structure, making shares attractive after a 60% drop YTD. Strong holiday sales, international expansion, and disciplined operations highlight the company's ability to navigate a challenging retail landscape and set a solid foundation for 2025. Risks include the need to resonate with Gen Z through the PINK brand and potential macroeconomic headwinds, but strategic focus on brand relevance and cost synergies is promising. Valuation is attractive at 7.3x earnings with a robust share buyback program, making Victoria's Secret a 'strong buy' with significant upside potential. Read the full article on Seeking Alpha
Analysis Article Feb 28

Not Many Are Piling Into Victoria's Secret & Co. (NYSE:VSCO) Stock Yet As It Plummets 29%

The Victoria's Secret & Co. ( NYSE:VSCO ) share price has fared very poorly over the last month, falling by a...
Analysis Article Jan 14

Market Cool On Victoria's Secret & Co.'s (NYSE:VSCO) Earnings Pushing Shares 26% Lower

Victoria's Secret & Co. ( NYSE:VSCO ) shares have retraced a considerable 26% in the last month, reversing a fair...
Seeking Alpha Jan 08

Victoria's Secret: Fundamentals Have Improved, But So Has Valuation

Summary I maintain a hold rating for Victoria's Secret stock due to limited upside potential, despite recent improvements under the new CEO. VSCO has shown positive same-store sales growth for the first time in 11 quarters, driven by strategic initiatives and stabilized demand volatility. Management's guidance for 4Q24 suggests continued organic growth, with strong performance during Black Friday, Cyber Monday, and the holiday season. Despite encouraging signs, VSCO's current valuation at 14x forward PE is comparable to peers, making further positive re-rating unlikely without stronger growth. Read the full article on Seeking Alpha

Shareholder Returns

VSCOUS Specialty RetailUS Market
7D-8.3%-1.6%2.1%
1Y140.9%5.5%30.6%

Return vs Industry: VSCO exceeded the US Specialty Retail industry which returned 7.6% over the past year.

Return vs Market: VSCO exceeded the US Market which returned 31% over the past year.

Price Volatility

Is VSCO's price volatile compared to industry and market?
VSCO volatility
VSCO Average Weekly Movement8.8%
Specialty Retail Industry Average Movement7.4%
Market Average Movement7.2%
10% most volatile stocks in US Market16.1%
10% least volatile stocks in US Market3.2%

Stable Share Price: VSCO has not had significant price volatility in the past 3 months compared to the US market.

Volatility Over Time: VSCO's weekly volatility (9%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
202122,500Hillary Superwww.victoriassecretandco.com

Victoria's Secret & Co. operates as a specialty retailer of women’s intimate, and other apparel and beauty products worldwide. The company offers bras, panties, lingerie, casual sleepwear, apparel, lounge, sport, and swim products, as well as prestige fragrances and body care products; and accessories and beauty products under the Victoria’s Secret, PINK, and Adore Me brands. It provides its products through its retail stores; websites, such as VictoriasSecret.com, PINK.com, AdoreMe.com, and DailyLook.com; and other digital channels.

Victoria's Secret & Co. Fundamentals Summary

How do Victoria's Secret's earnings and revenue compare to its market cap?
VSCO fundamental statistics
Market capUS$4.15b
Earnings (TTM)US$161.00m
Revenue (TTM)US$6.55b
23.8x
P/E Ratio
0.6x
P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
VSCO income statement (TTM)
RevenueUS$6.55b
Cost of RevenueUS$4.16b
Gross ProfitUS$2.39b
Other ExpensesUS$2.23b
EarningsUS$161.00m

Last Reported Earnings

Jan 31, 2026

Next Earnings Date

n/a

Earnings per share (EPS)2.00
Gross Margin36.49%
Net Profit Margin2.46%
Debt/Equity Ratio107.1%

How did VSCO perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/07 22:46
End of Day Share Price 2026/05/07 00:00
Earnings2026/01/31
Annual Earnings2026/01/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Victoria's Secret & Co. is covered by 15 analysts. 9 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Adrienne Yih-TennantBarclays
Mary SportBofA Global Research
Lorraine Corrine HutchinsonBofA Global Research