Lenskart Shares Gain After Q4 Results: Analysts Predict up to 30% Upside

Overview

• Lenskart reported a 45.62% jump in quarterly revenue to Rs. 2,516 crore, supported by strong eyewear demand and domestic expansion.

• The company’s quarterly profit slipped 7.5% year-on-year due to higher spending on components and inventory.

• Brokerages including Goldman Sachs, Jefferies, and Motilal Oswal maintained bullish ratings on the stock, with target prices indicating potential upside of up to 30%.

Lenskart Solutions share price was up 2.72% at Rs. 500.10 at press time on May 21. The company recently reported its Q4 results. Even though there has been a slight dip in its quarterly profits, investors kept their focus on strong revenue growth and aggressive store expansion.

The stock opened at Rs. 513, climbing to a high of Rs. 517 during the day before settling near its Volume Weighted Average Price (VWAP) of Rs. 498.70. With a huge trading volume of 2,715,337,4 shares, market interest remained exceptionally high. The retail firm has a total market capitalization of Rs. 86,838 crore, operating with a low Beta of 0.68. This indicates lower volatility compared to the broader market.

Here’s an in-depth analysis of Lenskart share price, based on Moneycontrol data.

Understanding the Key Market Levels

The central pivot point sits at 487.12. If Lenskart share price may find support at 480.23 and 473.62. On the other hand, the immediate resistance levels to watch are 493.73 and 500.62.

Lenskart share price chart on Moneycontrol shows gains of 3.07% in the afternoon trade:

The stock is currently trading close to its 52-week high of Rs. 557.65, which it hit recently on April 15, 2026. This is a big jump from its 52-week low of Rs. 356.10 recorded in November 2025. Over the last week, Lenskart stock gained 5.65%, though it corrected by 7.37% in the past month. For the longer term, the stock shows a solid year-to-date return of 14.29%.

Lenskart Q4 Results: Financial Performance and Growth Drivers

Lenskart’s consolidated profit after tax for the March quarter of FY26 dropped by 7.5% year-on-year to Rs. 203.6 crore from Rs. 220.1 crore. The dip came as the company spent more money on components and inventories.

Meanwhile, revenue from operations jumped 45.62% to Rs. 2,516 crore compared to Rs. 1,728 crore in the same period last year. Total eyewear sales for the quarter grew 25.2% to 97 lakh units.

Looking at the full financial year 2025-26, the company's net profit surged by nearly 68% to Rs. 501 crore. Annual revenue also rose by 32% to reach Rs. 8,814 crore, supported by the addition of 542 net new stores in India.

Brokerage Ratings and Target Prices

Major brokerages are positive about the stock’s future path. Out of 16 analysts rating the stock on Moneycontrol, 56% suggest a strong ‘Buy’. 38% are divided equally between an ‘Outperform’ and ‘Hold’ rating.

Future Outlook and Strategy

Market experts believe that Lenskart will continue to grow. They cite the firm’s smart use of technology and wider market reach for this optimistic stance.

Motilal Oswal notes that the company is saving costs across its stores and supply chain by using artificial intelligence. The domestic business is doing well, with same-store sales growing by 24% and gold active members rising by 29.5% to reach 8.8 million.

The average selling price in India also increased by 15.9% to Rs. 1,865 as more people are buying premium eyewear. At the same time, the international business grew by 35.4% to Rs. 1,054 crore, with Japan hitting record sales. 

For the next financial year, the company plans to focus heavily on customer acquisition, smart glasses, and better supply chain systems to keep its profit margins high.

FAQs

1. Why did Lenskart shares rise?

Lenskart shares moved higher because investors focused more on the company’s strong revenue growth than the slight fall in quarterly profit. Revenue jumped over 45% during the March quarter, while eyewear sales and store expansion remained strong. Analysts also stayed positive on the company’s future growth, which supported buying interest in the stock.

2. How did Lenskart in its latest quarterly results?

Lenskart posted quarterly revenue of Rs. 2,516 crore, showing strong growth compared to the same period last year. Eyewear sales increased to 97 lakh units, while the company added hundreds of stores during the year. Although profit after tax declined slightly because of higher costs, the full-year financial performance remained very strong overall.

3. What did brokerages say about Lenskart shares?

Several major brokerages raised their target prices after the latest earnings report. Goldman Sachs set a target of Rs. 625, while Jefferies increased its target to Rs. 600. Motilal Oswal remained the most bullish with a target price of Rs. 650, which suggests nearly 30% upside from current market levels.

4. What is helping Lenskart grow so quickly?

Lenskart’s growth is being driven by strong demand for premium eyewear, rapid store expansion, and technology-based operations. The company is also using artificial intelligence to reduce costs and improve supply chain efficiency. Growth in international markets, especially Japan, and rising active members in India are further supporting its business expansion plans.

5. Is Lenskart stock a good ‘buy’?

Lenskart shares are trading close to their 52-week high of Rs. 557.65, which was reached in April 2026. The stock has delivered healthy gains over the past year despite short-term corrections. Strong business growth, positive analyst ratings, and improving sales trends have helped keep investor confidence strong in recent months. You should do your own research before making any financial decisions.