---
title: "Vestis Analysts Boost Their Forecasts After Upbeat Q2 Earnings"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/286300212.md"
description: "Vestis Corp (NYSE: VSTS) reported strong Q2 earnings of 16 cents per share, surpassing estimates of 8 cents, and sales of $659.4 million, exceeding the $655.3 million forecast. Despite the positive results, shares fell 9.1% to $10.88. Analysts raised their price targets, with Baird increasing it from $10 to $14 and Stifel from $8.5 to $11, reflecting confidence in Vestis's strategic transformation and improved profitability outlook for fiscal 2026."
datetime: "2026-05-13T17:49:11.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/286300212.md)
  - [en](https://longbridge.com/en/news/286300212.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/286300212.md)
---

# Vestis Analysts Boost Their Forecasts After Upbeat Q2 Earnings

**Vestis Corp** (NYSE:VSTS) on Tuesday reported better-than-expected second-quarter financial results.

Vestis reported quarterly earnings of 16 cents per share which beat the analyst consensus estimate of 8 cents per share. The company reported quarterly sales of $659.400 million which beat the analyst consensus estimate of $655.311 million.

“During the second quarter, Vestis continued to advance its strategic transformation through targeted initiatives aimed at enhancing operating leverage\* and profitability,” said Jim Barber, President and CEO. “We realized the early benefits of these actions, with Adjusted EBITDA\* increasing year-over-year, supported by the first quarter of improved operating leverage\* since becoming a standalone public company. Our focus on service, operating performance, and cost discipline is delivering results, culminating in a return to profitable growth. Given this momentum, we are raising our full‑year fiscal 2026 Adjusted EBITDA\* and Free Cash Flow\* guidance, and reaffirming our expectations for sequential improvements in Adjusted EBITDA\* as we move through the year.”

Vestis shares dipped 9.1% to trade at $10.88 on Wednesday.

These analysts made changes to their price targets on Vestis following earnings announcement.

-   Baird analyst Andrew Wittmann maintained the stock with a Neutral and raised the price target from $10 to $14.
-   Stifel analyst Shlomo Rosenbaum maintained Vestis with a Hold and raised the price target from $8.5 to $11.

**Considering buying VSTS stock? Here’s what analysts think:**

_Photo via Shutterstock_

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