Lenskart Stock: JPMorgan Sees 16% Upside, But Expert Says SELL!

Lenskart Stock: JPMorgan Sees 16% Upside, But Expert Says SELL!

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Sakshi Batra
  • Updated Jul 10, 2026 8:32 PM IST

Lenskart is back in focus after JPMorgan initiated coverage with an 'Overweight' rating and a target price implying nearly 16% upside. The brokerage believes the eyewear giant's technology-led model, expanding store network and premium product strategy will drive long-term growth. But is the optimism justified? Market expert G. Chokalingam offers a contrasting view, warning that Lenskart's rich valuation of nearly 190x earnings, slowing growth potential due to a larger revenue base, and modest return ratios could limit future gains. Should investors buy into the brokerage optimism or stay cautious at current levels? Watch this detailed stock analysis to understand the risks, opportunities and the expert's investment strategy on one of India's most talked-about consumer stocks.

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