Ollie’s Bargain Outlet Holdings (NASDAQ: OLLI) is not a cheap stock, trading at approximately 40x its current year’s earnings forecast, but this market is pricing in growth. The growth pace forecasted by analysts places this stock in the low teens relative to its 2035 consensus, which is a deep value among high-quality retailers. The TJX Companies (NYSE: TJX), the established off-price leader, trades at 30x its current-year earnings, suggesting Ollie’s isn’t all that overpriced in 2025, and the potential for share price gains is substantial.
Ollie’s stock price could advance by 100% or more within the next few years in this scenario, and the upside may be greater because of its performance in 2025.
