Lakeland Industries

LAKE · NASDAQ

$9.50+$0.12 (+1.28%)TodayMarket closed · Oct 20, 7:30 PM ET

Prev close $9.38

LAKE analyst rating

BuyConsensus of 3 analysts over the last 12 months. 100% rate it a buy.

Strong buy0
Buy3
Hold0
Underperform0
Sell0

12-month price target · 6 analysts

Average $15.56 (+63.7% upside)

Low: $13.13
Now: $9.50
High: $17.85

Upgrades and downgrades

The latest rating actions, newest first

LAKE analyst upgrades, downgrades and rating actions
Firm	Date	Action	Rating	Price target	Hit rate
DA Davidson	Sep 14, 2026	Maintains	Buy	$18.00 → $15.00	54%
DA Davidson	Jun 11, 2026	Maintains	Buy	$14.00 → $18.00	54%
DA Davidson	Apr 20, 2026	Upgrade	Neutral → Buy	$10.00 → $14.00	54%
Lake Street	Apr 17, 2026	Maintains	Buy	$16.00 → $13.00	33%
DA Davidson	Apr 8, 2026	Maintains	Neutral	$14.00 → $10.00	54%
Lake Street	Apr 2, 2026	Maintains	Buy	$19.00 → $16.00	33%
Lake Street	Dec 10, 2025	Maintains	Buy	$26.00 → $19.00	33%
Roth Capital	Dec 10, 2025	Maintains	Buy	$27.00 → $19.00	53%
DA Davidson	Dec 10, 2025	Downgrade	Buy → Neutral	$20.00 → $14.00	54%

The case for and against

Updated Oct 14, 2026

Bull case

Lakeland Industries is viewed positively because its turnaround is gaining traction, with F2Q:27 organic growth positive, record Fire backlogs, and demand strong enough to support increased production rates while management still expects high-single-digit organic growth. The fundamental setup is improving as well, with early Jolly Boot U.S. launch feedback, successful Pacific Helmet and Haloflex introductions, and NFPA-certified head-to-toe offerings supporting a broader product mix and stronger visibility. Profitability should also expand as gross margins move toward the 39% range, SG&A declines, and the higher-margin Services business ramps, while EBITDA margins could approach 7% this FY and double-digits next FY.

Bear case

Lakeland Industries is vulnerable to execution risk from its recent M&A push, since acquiring businesses at reasonable valuations and integrating them successfully is essential to justify the strategy and realize synergies. Its exposure to regulatory approval in fire-related products, potential compliance-driven R&D and administrative costs, and macro weakness in chemicals, construction, and oil & gas could pressure margins, revenues, and earnings, while currency swings matter because over half of business takes place outside the US. Recent public-market capital raises to repay M&A-related debt and fund more deals may be dilutive, and as a small-cap stock with limited trading activity, the shares also face liquidity and volatility risk.

Information on this page is provided for informational purposes only and is not a recommendation to buy, sell or hold any security. Investing involves risk, including possible loss of principal. Market data is delayed at least 15 minutes and is provided without warranty. Analyst ratings, price targets and company data come from third-party sources. Past performance does not guarantee future results.