Leslie's

LESL · NASDAQ

$0.102−$0.0437 (−29.99%)TodayMarket closed · Oct 5, 7:59 PM ET

Prev close $0.1457

LESL analyst rating

HoldConsensus of 6 analysts over the last 12 months. 17% rate it a buy.

Strong buy0
Buy1
Hold4
Underperform1
Sell0

12-month price target · 5 analysts

Average $2.63 (+2483.3% upside)

Low: $1.26
Now: $0.102
High: $3.67

Upgrades and downgrades

The latest rating actions, newest first

LESL analyst upgrades, downgrades and rating actions
Firm	Date	Action	Rating	Price target	Hit rate
Wolfe Research	May 14, 2026	Maintains	Outperform	$2.00 → $3.00	51%
Mizuho	May 8, 2026	Maintains	Neutral	$4.00 → $3.50	41%
Morgan Stanley	Feb 18, 2026	Maintains	Underweight	$1.50 → $1.00	61%
Morgan Stanley	Jan 15, 2026	Downgrade	Equal-Weight → Underweight	$3.50 → $1.50	61%
Jefferies	Dec 3, 2025	Maintains	Hold	$7.00 → $3.75	58%
Mizuho	Dec 3, 2025	Maintains	Neutral	$5.00 → $4.00	41%
Baird	Dec 3, 2025	Maintains	Neutral	$6.50 → $3.00	54%
Telsey Advisory Group	Dec 3, 2025	Maintains	Market Perform	$3.00	47%
Telsey Advisory Group	Nov 28, 2025	Maintains	Market Perform	$3.00	47%

The case for and against

Updated May 19, 2026

Bull case

Leslies is well-positioned in the pool and spa aftermarket industry with its comprehensive product assortment, direct-to-consumer approach, and nationwide presence. Despite a challenging macro environment, the company has shown progress in improving customer centricity, convenience, and asset utilization. However, there are risks such as volatility of commodity costs, consumer spending, and geopolitical uncertainty that could impact performance and require careful monitoring. Overall, with a strong business model and ongoing initiatives, Leslies has the potential for long-term growth and value creation for its shareholders.

Bear case

Leslies is facing tough competition and unfavorable macro trends, evidenced by negative sales growth and market share losses. Despite their efforts to improve customer experience and cut costs, there are still execution risks and limited signs of category growth ahead. With a potential sales loss of $25MM-$35MM from the closure of underperforming stores, as well as additional costs from DC closures and SKU eliminations, these initiatives may not be enough to offset the ongoing challenges.

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.