National Vision (NASDAQ:EYE) Updates FY 2026 Earnings Guidance

National Vision (NASDAQ:EYE) updated its FY 2026 earnings guidance on Wednesday. The company provided EPS guidance of 0.850-1.090 for the period, compared to the consensus EPS estimate of 0.810. The company issued revenue guidance of $2.0 billion-$2.1 billion, compared to the consensus revenue estimate of $2.1 billion.

Analyst Upgrades and Downgrades

EYE has been the topic of several recent analyst reports. UBS Group dropped their target price on shares of National Vision from $41.00 to $39.00 and set a “buy” rating on the stock in a research report on Tuesday, November 18th. Morgan Stanley lifted their price target on National Vision from $26.00 to $30.00 and gave the stock an “equal weight” rating in a report on Thursday, January 15th. Weiss Ratings reissued a “sell (d-)” rating on shares of National Vision in a research report on Thursday, January 22nd. Guggenheim upgraded National Vision to a “strong-buy” rating in a research note on Wednesday, December 10th. Finally, National Bank Financial set a $32.00 target price on National Vision in a research report on Tuesday, December 9th. Two investment analysts have rated the stock with a Strong Buy rating, six have assigned a Buy rating, four have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $29.62.

National Vision Stock Up 9.0%

NASDAQ:EYE opened at $29.04 on Thursday. The company has a debt-to-equity ratio of 0.28, a current ratio of 0.53 and a quick ratio of 0.32. The firm’s 50-day moving average price is $27.20 and its 200-day moving average price is $26.54. The company has a market capitalization of $2.30 billion, a PE ratio of -967.68, a P/E/G ratio of 1.52 and a beta of 1.38. National Vision has a 1-year low of $10.45 and a 1-year high of $30.02.

National Vision (NASDAQ:EYE) last posted its quarterly earnings data on Wednesday, March 4th. The company reported $0.15 EPS for the quarter, topping the consensus estimate of $0.05 by $0.10. The business had revenue of $503.41 million for the quarter, compared to analyst estimates of $495.26 million. National Vision had a negative net margin of 0.12% and a positive return on equity of 3.58%. National Vision’s quarterly revenue was up 15.1% on a year-over-year basis. During the same quarter in the previous year, the firm posted ($0.04) earnings per share. National Vision has set its FY 2026 guidance at 0.850-1.090 EPS. On average, equities analysts predict that National Vision will post 0.31 EPS for the current fiscal year.

Key Headlines Impacting National Vision

Here are the key news stories impacting National Vision this week:

• Positive Sentiment: Beat consensus on both EPS and revenue — Q4 EPS $0.15 vs. ~ $0.05–$0.06 estimate and revenue $503.4M vs. ~$495M; revenue rose ~15% year-over-year, showing healthy top-line growth. Business Wire: Q4 and Fiscal 2025 Results
• Positive Sentiment: FY2026 EPS guidance of $0.85–$1.09 is above consensus (~$0.81), signaling management expects continued earnings improvement. Guidance in press release
• Neutral Sentiment: Management narrative and supplemental materials (slide deck, call transcript) provide detail on the company’s “reinvention” initiatives and margin recovery plan — useful for modeling whether guidance is conservative or realistic. Earnings call transcript Slide deck
• Neutral Sentiment: Analyst write-ups and summaries (Zacks, Yahoo, MarketBeat) corroborate the beats and point investors to key metrics; review if consensus will shift after management commentary. Zacks: Key metrics vs estimates
• Negative Sentiment: Revenue guidance range ($2.0B–$2.1B) was interpreted as soft relative to Street expectations at the midpoint/low end, prompting selling despite the EPS beat. Investors focused on the revenue outlook as a near-term growth risk. Investing.com: Beats but shares edge down on soft guidance
• Negative Sentiment: Profitability and liquidity remain areas of concern — a slight negative net margin (-0.12% in the quarter) and low current/quick ratios noted in public filings/analytic summaries may keep some investors cautious until margins sustainably improve. MarketBeat: Earnings summary & metrics

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the stock. Entropy Technologies LP grew its holdings in shares of National Vision by 55.4% during the fourth quarter. Entropy Technologies LP now owns 11,359 shares of the company’s stock valued at $293,000 after buying an additional 4,048 shares during the last quarter. Mariner LLC purchased a new position in National Vision in the 3rd quarter worth approximately $281,000. Northwest & Ethical Investments L.P. lifted its position in National Vision by 10.4% in the 4th quarter. Northwest & Ethical Investments L.P. now owns 10,377 shares of the company’s stock valued at $269,000 after acquiring an additional 977 shares in the last quarter. Captrust Financial Advisors lifted its position in National Vision by 11.7% in the 2nd quarter. Captrust Financial Advisors now owns 11,463 shares of the company’s stock valued at $264,000 after acquiring an additional 1,200 shares in the last quarter. Finally, CIBC Bancorp USA Inc. purchased a new stake in National Vision during the 3rd quarter valued at $243,000.

National Vision Company Profile

National Vision Holdings, Inc is an American optical retailer specializing in accessible vision care and eyewear. The company operates under multiple retail banners, offering comprehensive eye health services and a wide range of optical products. Since its founding in the early 1990s, National Vision has focused on providing value-driven solutions, targeting underserved and price‐conscious consumer segments.

Through its primary retail brands—including America’s Best Contacts & Eyeglasses, Eyeglass World, Optical America and Vista Optical—National Vision delivers services such as comprehensive eye examinations, prescription eyewear, contact lenses, sunglasses and lens accessories.