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Updated 1h ago
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Victoria's Secret & Co.NYSE:VSXY Stock Report

Market Cap US$6.2b
Updated 1h ago
Share Price
n/a
1Y204.9%
7D4.5%
1D0.6%
Portfolio Value
​
View

Victoria's Secret & Co.

NYSE:VSXY Stock Report

Market Cap: US$6.2b

  • Company Overview
    • Valuation
    • Future Growth
    • Past Performance
    • Financial Health
    • Dividend
  • Management
  • Ownership
  • Other Information
  • Stock Community

Victoria's Secret (VSXY) Stock Overview

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

VSXY fundamental analysis
Snowflake Score
Valuation2/6
Future Growth2/6
Past Performance5/6
Financial Health3/6
Dividends0/6

Rewards

Trading at 1.4% below our estimate of its fair value

Earnings are forecast to grow 10.95% per year

Earnings grew by 150% over the past year

Risk Analysis

Significant insider selling over the past 3 months

Has a high level of debt


VSXY Community Fair Values

Create Narrative

See what 62 others think this stock is worth. Follow their fair value or set your own to get alerts.

Analyst Price Targets

AN
AnalystConsensusTarget
15.8% undervalued intrinsic discount
AnalystConsensusTarget
•1mo ago

VSCO: Tariff Headwinds Will Limit Impact Of Management Turnaround Efforts

560
0
28
AN
AnalystLowTarget
6.8% overvalued intrinsic discount
AnalystLowTarget
•2mo ago

Fading Inclusivity And Costly Stores Will Hurt Profits

125
0
0
AN
AnalystHighTarget
27.7% undervalued intrinsic discount
AnalystHighTarget
•2mo ago

Body Positivity And Digital Shifts Will Open New Global Markets

65
0
0

Top Analyst Narratives

AN
AnalystConsensusTarget
15.8% undervalued intrinsic discount
AnalystConsensusTarget
•1mo ago

VSCO: Tariff Headwinds Will Limit Impact Of Management Turnaround Efforts

560
0
28
AN
AnalystLowTarget
6.8% overvalued intrinsic discount
AnalystLowTarget
•2mo ago

Fading Inclusivity And Costly Stores Will Hurt Profits

125
0
0
AN
AnalystHighTarget
27.7% undervalued intrinsic discount
AnalystHighTarget
•2mo ago

Body Positivity And Digital Shifts Will Open New Global Markets

65
0
0
View all narratives

Victoria's Secret & Co. Competitors

Urban Outfitters

Symbol: NasdaqGS:URBN
Market cap: US$6.4b

Gap

Symbol: NYSE:GAP
Market cap: US$7.2b

Abercrombie & Fitch

Symbol: NYSE:ANF
Market cap: US$5.8b

Boot Barn Holdings

Symbol: NYSE:BOOT
Market cap: US$3.7b

Price History & Performance

Summary of share price highs, lows and changes for Victoria's Secret
Historical stock prices
Current Share PriceUS$77.93
52 Week HighUS$102.46
52 Week LowUS$25.09
Beta2.05
1 Month Change-8.74%
3 Month Change-1.05%
1 Year Change204.89%
3 Year Change353.08%
5 Year Change33.51%
Change since IPO83.36%

Recent News & Updates

Seeking Alpha • Sep 04

Victoria's Secret & Co.'s Plunge Offers An Entry Point

Summary Victoria's Secret & Co. reported strong Q2 2026 results, with revenue up 10.4% and EPS beating expectations despite a minor revenue miss. VSXY raised full-year guidance, now expecting $7.10–$7.18B in revenue and $560–$590M in operating income, reflecting robust comparable sales and new product momentum. Profitability surged, aided by a $140.3M tariff refund, while adjusted net income more than doubled and leverage declined significantly to $453M net debt. Despite relative valuation above some peers, VSXY shares remain undervalued on an absolute basis, supporting a reaffirmed Buy rating as transformation drives upside. Read the full article on Seeking Alpha

Recent updates

Seeking Alpha • Sep 04

Victoria's Secret & Co.'s Plunge Offers An Entry Point

Summary Victoria's Secret & Co. reported strong Q2 2026 results, with revenue up 10.4% and EPS beating expectations despite a minor revenue miss. VSXY raised full-year guidance, now expecting $7.10–$7.18B in revenue and $560–$590M in operating income, reflecting robust comparable sales and new product momentum. Profitability surged, aided by a $140.3M tariff refund, while adjusted net income more than doubled and leverage declined significantly to $453M net debt. Despite relative valuation above some peers, VSXY shares remain undervalued on an absolute basis, supporting a reaffirmed Buy rating as transformation drives upside. Read the full article on Seeking Alpha
User avatar
Narrative Update • Aug 14

VSXY: Full-Price Selling And Margin Execution Will Shape Future Earnings Potential

Analysts have nudged their price targets higher for Victoria's Secret, with the updated fair value estimate moving from about $89 to roughly $93, citing stronger full price selling trends, improving margin expectations, and higher earnings forecasts over the next few years. Analyst Commentary Recent Street research on Victoria's Secret points to a cluster of price target increases and refreshed earnings assumptions.
User avatar
Narrative Update • Jul 22

VSXY: Turnaround Execution And International Expansion Will Support Future Earnings Power

Analysts have lifted their price expectations for Victoria's Secret, with the internal fair value estimate rising from $65.56 to $89.20. They cite higher projected profit margins, slightly stronger revenue growth, a lower discount rate, and a more conservative future P/E assumption that aligns with a wave of recent target increases across the Street.
User avatar
Narrative Update • Jul 08

VSXY: Brand Repositioning And Q1 Execution Support Measured Margin Expansion

The analyst fair value estimate for Victoria's Secret has been raised from $50.00 to $73.00 as analysts point to resumed and higher Overweight or Buy price targets, stronger recent earnings, and management commentary highlighting brand execution, new customer growth, and margin progress. Analyst Commentary Recent research on Victoria's Secret has turned more constructive, with several large firms lifting price targets and pointing to better execution, new customer growth, and margin progress.
User avatar
Narrative Update • Jun 24

VSXY: New Customer Gains And Brand Reset Will Drive Turnaround Durability

Victoria's Secret has seen its consolidated analyst price target move higher into the $75 to $95 range, as analysts cite stronger recent execution, new customer growth and improved earnings estimates as support for updated valuation assumptions. Analyst Commentary Recent research updates on Victoria's Secret point to a cluster of higher price targets and upgraded views, with several bullish analysts highlighting what they see as improving execution, stronger earnings power and healthier customer trends.
Analysis Article • Jun 20

Victoria's Secret (VSXY) Stock Could Be 25% Overvalued After Board Backing And Q1 Beat

Shareholders recently backed the entire board slate at Victoria's Secret (VSXY), including Independent Chair Donna James, following an annual meeting that highlighted first quarter 2026 results that exceeded both revenue and earnings guidance. See our latest analysis for Victoria's Secret. Victoria's Secret shares have been on a strong run, with a 30 day share price return of 62.18% and a year to date share price return of 53.64%, alongside a 1 year total shareholder return of very large...
Analysis Article • Jun 17

Solid Earnings Reflect Victoria's Secret's (NYSE:VSXY) Strength As A Business

When companies post strong earnings, the stock generally performs well, just like Victoria's Secret & Co.'s ( NYSE:VSXY...
User avatar
Narrative Update • Jun 09

VSXY: Brand Reset And Q1 Turnaround Execution Will Drive Future Upside

Analysts have raised their implied fair value estimate for Victoria's Secret from $81.00 to about $107.78, citing higher price targets across the Street and updated assumptions for slightly higher revenue growth, stronger profit margins, and a modestly lower discount rate, along with a trimmed future P/E. Analyst Commentary Recent Street research has turned more constructive on Victoria's Secret, with several bullish analysts lifting price targets and, in some cases, upgrading ratings following stronger than expected quarterly results and discussions with management.
Analysis Article • Jun 09

Victoria's Secret & Co. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions

Victoria's Secret & Co. ( NYSE:VSXY ) just released its latest quarterly results and things are looking bullish. It was...
User avatar
Narrative Update • May 26

VSCO: Brand Repositioning And Q1 Execution Will Drive Future Upside

Analysts have lifted their average price target for Victoria's Secret to $81 from $73, citing improving sales momentum, a higher profit margin outlook and confidence in the ongoing repositioning of the core Victoria's Secret and PINK brands. Analyst Commentary Recent research highlights a mix of optimism and caution around Victoria's Secret, with several bullish analysts pointing to improving brand momentum, better than expected quarterly results and a clearer path for the repositioning of the core lingerie and PINK businesses.
User avatar
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.
User avatar
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.
User avatar
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.
User avatar
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.
User avatar
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.
User avatar
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.
User avatar
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.
User avatar
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.
User avatar
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...
User avatar
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.
User avatar
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.
User avatar
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...
User avatar
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.
User avatar
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.
User avatar
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.
User avatar
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.
User avatar
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.

Shareholder Returns

VSXYUS Specialty RetailUS Market
7D4.5%-2.8%-0.1%
1Y204.9%-14.8%11.9%

Return vs Industry: VSXY exceeded the US Specialty Retail industry which returned -14.8% over the past year.

Return vs Market: VSXY exceeded the US Market which returned 11.9% over the past year.

Price Volatility

Is VSXY's price volatile compared to industry and market?
VSXY volatility
VSXY Average Weekly Movement7.8%
Specialty Retail Industry Average Movement7.4%
Market Average Movement6.8%
10% most volatile stocks in US Market15.1%
10% least volatile stocks in US Market2.9%

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

Volatility Over Time: VSXY's weekly volatility (8%) 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?
VSXY fundamental statistics
Market capUS$6.22b
Earnings (TTM)US$378.00m
Revenue (TTM)US$6.91b
16.4x
P/E Ratio
0.9x
P/S Ratio

Is VSXY overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
VSXY income statement (TTM)
RevenueUS$6.91b
Cost of RevenueUS$4.30b
Gross ProfitUS$2.61b
Other ExpensesUS$2.23b
EarningsUS$378.00m

Last Reported Earnings

Aug 01, 2026

Next Earnings Date

n/a

Earnings per share (EPS)4.74
Gross Margin37.75%
Net Profit Margin5.47%
Debt/Equity Ratio92.8%

How did VSXY perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/09/21 03:44
End of Day Share Price 2026/09/18 00:00
Earnings2026/08/01
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
  • SEC Form 10-K
  • SEC Form 10-Q
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
  • Analyst Research Reports
  • Blue Matrix
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
  • ICE Market Data
  • SEC Form S-1
Ownership10 years
  • Top shareholders
  • Insider trading
  • SEC Form 4
  • SEC Form 13D
Management10 years
  • Leadership team
  • Board of directors
  • SEC Form 10-K
  • SEC Form DEF 14A
Key Developments10 years
  • Company announcements
  • SEC Form 8-K

* 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 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 14 analysts. 11 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

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