BofA Adds EssilorLuxottica to '25 stocks for 2026,' Says Competition Risk in Wearables 'Limited'

12:32 AM EST, 12/17/2025 (MT Newswires) -- EssilorLuxottica (EL.PA) was included in BofA Global Research's list of 25 stocks for 2026 and the Europe 1 list of top ideas, noting the "enhanced" buying opportunity on the stock amid market concerns on competition in the wearables market. The research firm on Tuesday said it was "not concerned" about competitive risk in the French eyewear company's wearables business as launches by other companies enhanced the stock's buying opportunity. "The estimate risk is limited from several angles, in our view: i) our forecasts already factor in a drop of EL's market share from 100% currently to 33% in 2035 while the group's positioning is stronger than peers given its extensive store network, its unique capacity to develop MedTech applications, and its wide brand portfolio," analysts wrote. Looking ahead, BofA expects EssilorLuxottica to reach a double-digit organic sales growth period from the 2025 fourth quarter to 2028, compared with the Visible Alpha consensus of an 8% to 9% increase and a low- to mid-single digits potential for the eyewear market and its legacy business. The stock's buy rating and price objective of 342 euros were affirmed.