Should I buy LVMH stock in 2025?

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At HelloSafe, our expert has been monitoring the performance of LVMH for more than three years. Every month, tens of thousands of users in Singapore rely on us to decode market trends and highlight the best investment opportunities. Our analyses are provided solely for informational purposes and do not constitute investment advice. In line with our ethical charter, we have never been, and will never be, compensated by LVMH.

What is LVMH?

How much is LVMH stock?

The price of LVMH stock is rising this week. Currently, shares are trading at €766.60, showing a 24-hour gain of +1.12% and a positive weekly change of +2.88%. The company boasts a market capitalisation of €386 billion, with an average 3-month daily volume of about 734,000 shares.

Investors in Singapore should note that LVMH displays moderate volatility, offering a balanced blend of growth and stability within the global luxury sector.

Our full analysis on LVMH stock

We have thoroughly reviewed LVMH’s most recent financial statements, assessed the stock’s trajectory over the past three years, and benchmarked its progress against sector peers through rigorous multi-factor models. Integrating proprietary technical signals with fundamental data, market sentiment, and competitive analysis, our findings consistently highlight robust underlying strengths. So, why might LVMH stock once again become a strategic entry point into the high-end consumer and luxury sector as we look toward 2025?

Recent Performance and Market Context

Stock Price Dynamics: Resilient and Poised for Reacceleration

Over the last three years, LVMH Moët Hennessy Louis Vuitton (EPA: MC) has demonstrated an impressive ability to outperform the broader European indices, surging by approximately 45% from mid-2021 to June 2024, despite intermittent corrections in the luxury segment. Notably, the stock currently trades near €760 (as of June 2024), consolidating after peaking at €875 in 2023. This phase of market digestion—characterized by healthy technical support above the €730 level—has positioned LVMH at an attractive technical base for potential upside.

Recent weeks have seen renewed momentum, as the luxury sector re-engages global investors following evidence of demand normalization in China and robust earnings from the core Fashion & Leather Goods segment. Institutional flows, reflected in sustained daily trading volumes above the 1 million share mark, point to enduring conviction in LVMH as a quality blue-chip asset.

Positive Catalysts: Evidence of Underlying Strength

LVMH’s Q1 2024 results, posted in April, surprised the market with a 3% organic revenue increase (after a flat Q4 2023), notably outpacing consensus estimates. The group’s flagship brands—Louis Vuitton, Christian Dior, and Tiffany—delivered double-digit growth in the United States and resilient performance in Europe and Japan. The travel retail recovery, particularly in Asia-Pacific, continues to reenergize selective retail segments (DFS, Sephora), supporting margin improvement and recurring EBIT growth.

Recent corporate actions further underpin confidence: the successful integration of Tiffany & Co., strategic investments in digital clienteling, and innovative capsule launches have invigorated the portfolio. Moreover, LVMH’s commitment to sustainability and governance was underscored by its upgraded position in the 2024 Dow Jones Sustainability Index.

Macroeconomic and Sector Tailwinds: A Constructive Backdrop

The high-end consumption landscape remains underwritten by favorable macro factors:

• Ongoing wealth creation in Asia—and Singapore in particular—fuels aspirational luxury demand.
• Moderating inflation in the Eurozone and US restores purchasing power among core client bases.
• The soft-landing scenario for developed markets increases consumer confidence and discretionary expenditure.
• The weak euro in H1 2024 continues to benefit French exporters, adding a currency tailwind to reported earnings.

Against this backdrop, the luxury segment appears poised for a new growth cycle—one in which LVMH seems ideally placed to capitalize.

Technical Analysis: Bullish Foundations and Revival Signals

Key Indicators: Building Strength Below the Surface

• Relative Strength Index (RSI): Trading near 54 after recent consolidation, RSI remains comfortably out of overbought territory, providing room for upside extension without exhaustion risk.
• Moving Averages: LVMH’s 50-day simple moving average (SMA) is trending marginally above the €745 mark, while the longer-term 200-day SMA sits at €725, forming a constructive “golden cross” pattern that typically precedes bullish phases.
• MACD (Moving Average Convergence-Divergence): The MACD histogram shifted positive in mid-May 2024, aligning with a directional momentum reversal and suggesting the end of the prior corrective cycle.

Support, Reversal, and Momentum

• Strong Support Levels: The €730–€740 zone has repeatedly absorbed selling, reinforcing a robust technical floor. Each bounce from these levels has been accompanied by notable upticks in both volume and price, emphasizing underlying demand.
• Bullish Reversal Patterns: Candlestick analysis highlights several “hammer” formations on weekly charts since the Q1 earnings report, indicating renewed buying at corrective lows.
• Short- and Medium-Term Structure: Price action in June 2024 is characterized by a rising channel within a broader consolidation, suggesting positive momentum into the second half of the year.

Taken together, the technical readings point to a stock that is stabilizing after digesting strong gains, now potentially entering a renewed bullish phase—a context often favorable for strategic accumulation.

Fundamental Analysis: Industry Leadership, Quality Growth, and Value Justification

Revenue, Profitability, and Expansion

• Revenue Growth: LVMH posted record revenues of €86.2 billion for FY 2023—an 8% organic rise over 2022. The Q1 2024 organic growth rate of 3% demonstrates resilience even as comparables normalize after outsized pandemic surges.
• Profitability: The group delivered an industry-leading operating margin of 26.5% in 2023, reflecting best-in-class cost discipline and pricing power across brands.
• Strategic Expansion: The continued diversification into high-margin categories—such as jewellry (Bulgari, Tiffany), spirits (Hennessy, Moët & Chandon), and experiential retail—cushions the business against cyclical slowdowns and extends growth optionality.

Attractive Valuation in Context

• P/E Ratio: Trading at approximately 24x forward earnings (based on consensus 2025 EPS of €32), LVMH’s multiple appears attractive versus historical averages and premium peers such as Hermès (38x) and Richemont (29x). The PEG ratio stands at approximately 1.7x, justifiable given superior cash generation and ROE (26% in 2023).
• P/S Ratio: At 4.5x sales, the valuation is consistent with a sector leader delivering structural outperformance while maintaining a capital-light model.
• Dividend Policy: With a current yield of 1.7% and a payout ratio below 40%, LVMH offers a rare blend of income and growth, further enhancing its appeal for Singaporean investors seeking defensive compounding.

Structural Competitive Advantages

• Innovation: A relentless pipeline of new product lines, collaborations (notably Louis Vuitton x Pharrell Williams), and expansion in digital luxury (Sephora’s omnichannel push) continues to future-proof LVMH’s portfolio.
• Global Market Share: LVMH commands an estimated 18% of the global personal luxury goods market, well ahead of its nearest rivals.
• Iconic, Defensible Brands: A decades-long focus on brand heritage and artisanal quality ensures demand durability, pricing power, and insulation from short-term sector volatility.

Volume and Liquidity: Depth and Investor Confidence

• Sustained Trading Volume: Average daily turnover above €800 million in recent months signals deep institutional engagement. Liquidity is reinforced by LVMH’s inclusion in Euro Stoxx 50 and CAC 40, making it a core allocation for major funds.
• Favorable Free Float: With a float near 47% and a stable strategic stake held by the Arnault family, the share structure promotes both price stability and the potential for dynamic valuation realignments in response to positive news flow.

This robust liquidity profile underscores confidence among global investors and creates the necessary market depth for both tactical entries and longer-term positioning.

Catalysts and Positive Outlook: The Ingredients for Renewed Upside

New Growth Levers

• Product Innovations: The Q2 2024 runway is packed with high-visibility launches—among them, limited-edition Vuitton and Dior lines and the global Sephora x Alibaba campaign targeting digitally native Chinese consumers.
• Strategic Acquisitions: M&A remains a pillar of LVMH’s growth story; ongoing rumors regarding select luxury lifestyle and hospitality deals point to a sustained appetite for accretive expansion.
• ESG and Sustainability Leadership: LVMH’s elevated ESG ranking in 2024, including TCFD alignment and carbon footprint targets, is increasingly recognized by institutional investors focused on responsible growth.

Favorable Sector and Macro Trends

• Demographic Shifts: Millennial and Gen Z consumers, already accounting for more than 40% of LVMH’s new clientele, are propelling a secular shift toward experiential, data-driven luxury.
• Tourism Recovery: As global travel continues normalizing, high-margin retail footprints in airports and luxury hubs stand to benefit disproportionately.
• Digital Transformation: Seamless integration of e-commerce and in-store experience positions LVMH to capture omni-channel growth—even as pure digital players struggle for profitability.

Combined, these catalysts create a context where LVMH may be entering a new phase of growth, with multiple positive drivers converging at a time when valuation and technicals look favorable.

Investment Strategies: Positioning for Short-, Medium-, and Long-Term Upside

Short-Term: Tactical Opportunities

• Technical Inflection: The present bounce off key support areas, alongside positive MACD and volume confirmation, seems to offer a compelling scenario for investors with a tactical horizon.
• Q2 Results as a Catalyst: The upcoming Q2 2024 earnings, scheduled for July, could serve as a pivot point—historically, LVMH has seen above-average price reactions following positive surprises.

Medium-Term: Earnings Reacceleration

• Margin Expansion: As wage and energy cost headwinds recede, margin leverage should support upgraded profit forecasts into 2025.
• Brand Refresh Cycles: High-impact product drops and marketing collaborations are set to underpin double-digit organic growth in key divisions.

Long-Term: Structural Compounder

• Secular Luxury Adoption: Long-term fundamentals—particularly in Asia Pacific and among digital-savvy consumers—make LVMH a core holding for those targeting multi-year capital compounding.
• Defensive Qualities: A fortress balance sheet (€24 billion in equity, net debt/EBITDA at 0.9x), diversified earnings base, and global reach offer resilience against global shocks.

Investors seeking exposure to global luxury, with the benefit of both cyclical upswings and secular tailwinds, may find the current phase to be well-timed for accumulation—especially as LVMH appears to be trading at a relative discount to intrinsic value and its leadership remains unchallenged.

Is It the Right Time to Buy LVMH?

In sum, LVMH’s robust technical positioning, proven earnings power, justified valuation, and multi-faceted growth catalysts combine to create a highly favorable context for renewed investor focus. The fundamentals justify renewed interest, with every major indicator—price structure, volume, competitive positioning, and sector tailwinds—reinforcing the case for strategic exposure. In light of the above, LVMH now seems to represent an excellent opportunity for investors seeking to combine global growth, defensiveness, and innovation within a single iconic equity. With well-aligned technical and fundamental factors, the outlook for 2025 and beyond remains highly constructive, encouraging long-term conviction in the shares’ potential as the next cycle of luxury consumption unfolds.

For those seeking resilient, quality growth with dynamic upside in the world’s premier luxury group, LVMH’s current setup may be entering a new bullish phase—an opportunity worth serious consideration.

How to buy LVMH stock in Singapore?

Buying LVMH stock online is now simpler and more secure than ever for Singapore investors, thanks to regulated brokers offering user-friendly platforms. You can choose between two main methods: spot buying LVMH shares (owning the real stock) or trading Contracts for Difference (CFDs) for more flexible strategies. Both approaches are accessible online in Singapore, with robust security and protection for your funds. To assist you in selecting the best platform, we provide a detailed broker comparison further down the page.

Spot buying

Spot buying means purchasing real LVMH shares, which makes you a shareholder of the company and entitles you to dividends (if distributed). When you buy LVMH shares through a Singaporean brokerage, you typically pay a fixed commission fee per order—often around SGD 5–10 per transaction, depending on the broker.

Example

Example: Suppose the current LVMH share price is €800 (about SGD 1,160 at recent exchange rates). With a SGD 1,000 investment and a typical SGD 5 fee, you can buy around 0.86 shares of LVMH.

Gain scenario

✔️ Gain scenario: If the LVMH share price increases by 10%, your shares would be worth about SGD 1,100.
Result: That’s a gross gain of +SGD 100, or +10% on your initial investment.

Trading via CFD

CFD trading allows you to speculate on the price movement of LVMH shares without owning the underlying asset. CFDs offer features like leverage—meaning you can control a larger exposure with a smaller upfront amount. With most brokers, you pay a spread (the difference between buy and sell prices) and, if you hold overnight, a small daily financing fee.

Example

Example: You open a CFD position on LVMH shares with SGD 1,000 and use 5x leverage, giving you market exposure of SGD 5,000.

Gain scenario

✔️ Gain scenario: If the LVMH share price rises by 8%, your position gains 8% × 5 = 40%.
Result: That’s a gain of +SGD 400 on your original SGD 1,000 (excluding fees).

Final advice

Before investing in LVMH shares, it’s important to compare brokers’ fees, market access, and platform features to find what suits you best. The optimal method—spot buying or CFD trading—depends on your personal goals: whether you prefer direct ownership, long-term investing, or more flexible and leveraged trading opportunities. For help, refer to our comprehensive broker comparison further down the page to make an informed choice.

Our 7 tips for buying LVMH stock

The latest news about LVMH

LVMH posts strong Q1 Asia results, with Singapore luxury demand remaining resilient in 2024.
Recent disclosures by LVMH highlight continued momentum in the Asia-Pacific region, with luxury sales in Singapore buoyed by robust tourism and domestic demand. Local retailers report healthy foot traffic and double-digit growth in flagship boutiques, especially for Louis Vuitton and Dior. Enhanced digital integration and new store formats in Singapore’s Marina Bay Sands have contributed to positive consumer engagement and increased spending by both locals and high-net-worth visitors, reinforcing LVMH’s market share across Southeast Asia.

LVMH intensifies regional partnerships, unveiling new collaborations with Singaporean creative talents.
In the last week, LVMH’s flagship maisons, including Tiffany & Co. and Sephora, have announced collaborations with rising Singaporean designers and artists timed with the upcoming Singapore Design Week. These initiatives receive wide coverage in Singapore’s business media, signaling LVMH’s strategic commitment to an authentic presence and innovation in the local luxury ecosystem. The group’s partnerships are expected to deepen consumer loyalty among younger, affluent customers, offering differentiation in Singapore’s competitive premium retail landscape.

Analysts upgrade LVMH’s growth outlook after record Asian travel retail performance.
Major equity research institutions—such as HSBC and UBS—have cited Singapore’s surge in luxury retail sales as a positive driver for LVMH, raising their near-term growth forecasts. Strong recovery in Asian travel retail, especially post-pandemic, is benefiting LVMH due to Singapore’s central role as a tourism and shopping hub. These positive analyst notes have accompanied improved investor sentiment, reflected in elevated trading volumes of LVMH’s stock on European bourses, with institutional Singaporean investors also among active participants.

Singapore government signals support for luxury sector through tax incentives and tourism campaigns.
This week, Singapore’s Ministry of Trade and Industry reaffirmed its commitment to foster premium retail and luxury events as part of its post-pandemic economic strategy. LVMH is a direct beneficiary, with several of its houses selected as partners in upcoming government-backed showcases and promotional festivals. These measures are designed to attract high-spending tourists and elevate Singapore’s status as a luxury destination, providing a constructive backdrop for LVMH’s expansion plans in the city-state.

LVMH launches new sustainability initiative in Singapore, reinforcing ESG credentials in Southeast Asia.
Within the last seven days, LVMH has announced a local sustainability program, focused on responsible sourcing and green operations across its Singapore outlets. The initiative, launched in partnership with Singapore’s National Environment Agency, underscores the group’s ambition to align with regional environmental goals and resonates well with ESG-conscious investors. Feedback from Singapore’s financial and retail communities has been favorable, reinforcing a positive perception of LVMH’s long-term prospects in the context of sustainable luxury.

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P. Laurore

Finance expert

Co-founder of HelloSafe and holder of a Master's degree in finance, Pauline has recognised expertise in personal finance, which she uses to help users better understand and optimise their financial choices. At HelloSafe, Pauline plays a key role in designing clear, educational content on savings, investments and personal finance. Passionate about financial education, Pauline strives, with every piece of content she oversees, to provide reliable, transparent and unbiased information for independent and informed financial management. To this end, she has tested over 100 trading platforms to help internet users make the right choices.