Movado Group stock carries a Q2 earnings beat into October

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Movado Group stock carries a Q2 earnings beat into October
Movado Group (MOV) stock closed at USD 33.66 on October 2, 2026, supported by a strong Q2 FY27 earnings beat, with both revenue and adjusted EPS exceeding consensus estimates. Despite strong Q2 performance, concerns remain regarding future gross margins, which are projected to be lower than Q2 levels. Analysts maintain a Strong Buy consensus, with an average 12-month price target of USD 40.00, suggesting an 18.9% upside from its current price.
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