Nomi Beauty Sues Estée Lauder for Technology Theft, Seeks Billions in Damages
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jan 20 2026
0mins
Source: seekingalpha
- Lawsuit Background: Beauty tech startup Nomi Beauty has filed a lawsuit against Estée Lauder in federal court, alleging theft of hotel-focused technology and trade secrets that led to its business collapse, highlighting the intense competition in the industry.
- Contract Termination: Nomi claims that Estée Lauder obtained proprietary methods through agreements signed in 2018 and 2020 but later unilaterally terminated these contracts to launch competing products, indicating unfair competitive practices against startups.
- Revenue Loss: Nomi alleges that Estée Lauder generated “literally billions” in new revenue using similar concepts and know-how in markets such as China, Costa Rica, Malaysia, the U.K., and the U.S., further threatening Nomi's business model.
- Damages Sought: Nomi is seeking unspecified compensatory, punitive, and treble damages for trade-secret theft and related misconduct, demonstrating its firm commitment to protecting its rights and interests.
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Analyst Views on EL
Wall Street analysts forecast EL stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for EL is 106.76 USD with a low forecast of 70.00 USD and a high forecast of 130.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
18 Analyst Rating
8 Buy
9 Hold
1 Sell
Moderate Buy
Current: 114.620
Low
70.00
Averages
106.76
High
130.00
Current: 114.620
Low
70.00
Averages
106.76
High
130.00
About EL
The Estee Lauder Companies Inc. is a manufacturer, marketer and seller of skin care, makeup, fragrance and hair care products. Its product categories include skin care, makeup, fragrance, hair care and others. Its products are sold in approximately 150 countries and territories under a number of brand names, including Estee Lauder, Aramis, Clinique, Lab Series, Origins, M.A.C, Bobbi Brown Cosmetics, La Mer, Aveda, Jo Malone London, Bumble and bumble, Darphin Paris, TOM FORD, Smashbox, AERIN Beauty, Le Labo, Editions de Parfums Frederic Malle, GLAMGLOW, Kilian Paris, Too Faced, Dr.Jart+, and the DECIEM family of brands, including The Ordinary and NIOD. It is a licensee for fragrances, cosmetics and/or related products for AERIN, BALMAIN, and Dr. Andrew Weil. Its skin care products include moisturizers, serums, cleansers, toners, exfoliators, facial masks, body care, sun care products and others. Its makeup products include lipsticks, lip glosses, mascaras, foundations and others.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Estée Lauder to Release Q2 Fiscal 2026 Results on February 5
- Earnings Release Schedule: Estée Lauder will announce its fiscal 2026 second quarter results on February 5, 2026, at 8:30 a.m. ET, providing a live webcast to discuss financial outcomes and future prospects, reflecting the company's commitment to transparency and investor communication.
- Executive Leadership: The earnings call will be hosted by CEO Stéphane de La Faverie and CFO Akhil Shrivastava, indicating direct involvement from top management in financial performance and strategic direction, which enhances investor confidence.
- Global Market Presence: Estée Lauder's products are sold in approximately 150 countries and territories, covering skincare, makeup, fragrance, and hair care, showcasing its strong influence and market penetration in the global luxury brand sector.
- Diverse Brand Portfolio: The company boasts a variety of well-known brands, including Estée Lauder, Clinique, and M·A·C, which not only enhance market competitiveness but also provide diverse options for different consumer segments.
Continue Reading
Estée Lauder to Release Q2 Fiscal 2026 Results
- Earnings Release Schedule: Estée Lauder will announce its fiscal Q2 2026 results on February 5, 2026, at 8:30 a.m. ET, providing a live webcast to discuss results and future prospects, highlighting the company's commitment to transparency and investor communication.
- Executive Leadership: The conference call will be hosted by CEO Stéphane de La Faverie and CFO Akhil Shrivastava, indicating direct involvement from top management in interpreting results and future strategies, which enhances investor confidence.
- Global Market Presence: Estée Lauder's products are sold in approximately 150 countries and territories, covering skincare, makeup, fragrance, and hair care, demonstrating its strong influence and brand diversity in the global luxury market.
- Diverse Brand Portfolio: The company boasts a rich portfolio of renowned brands, including Estée Lauder, Clinique, and M·A·C, reflecting its leadership position and ongoing innovation in the high-end beauty sector.
Continue Reading