Danone, FR0000120644

Bernstein sets EUR 92 target for Danone stock before sales

Published on 10/26/2026 at 09:21 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Third-quarter sales are due October 28, 2026. Danone stock costs EUR 62.25 on October 26, 2026, 0.02 percent above its Xetra close of EUR 62.24.

Targets and operating progress

Bernstein set a EUR 92.00 target and kept a Buy rating on October 13, 2026.
Danone's H1 2026 like-for-like sales grew 3.50 percent and recurring margin reached 13.30 percent.
Danone stock traded at EUR 62.25 at 9:15 a.m. CEST at Lang & Schwarz on October 26, 2026, 0.02 percent above the Xetra close of October 23, 2026.

Extreme Makro-Nahaufnahme einer glatten weißen Joghurtoberfläche in Keramikschale — Extreme Makroaufnahme einer cremigen Joghurtoberfläche symbolisiert das Kernprodukt von Danone S.A. FR0000120644, Illustration mit AI erstellt.

Danone (ISIN FR0000120644) stock was trading at EUR 62.25 at Lang & Schwarz on October 26, 2026, at 9:15 a.m. CEST, plus EUR 0.01, or 0.02 percent, versus the Xetra close of October 23, 2026. The immediate company event is the upcoming third-quarter sales update, while Bernstein set a EUR 92.00 target on October 13, 2026.

Bernstein keeps a bullish target

According to Markets Insider, Bernstein analyst Callum Elliott maintained a Buy rating and set the EUR 92.00 target on October 13, 2026. The target stands EUR 29.75 above the Lang & Schwarz price, equal to 47.79 percent upside based on the two euro values.

The target sits alongside a more cautious view from Deutsche Bank. Markets Insider reported on October 5, 2026, that Deutsche Bank kept a Hold rating with a EUR 59.00 target.

Three milestones set the timeline

On July 29, 2026, Danone reported first-half sales of EUR 13.94 billion and recurring operating margin of 13.30 percent, according to the company's earnings call transcript carried by Yahoo Finance. On October 1, 2026, Danone's sales aide-memoire said first-half like-for-like sales grew 3.50 percent. On October 13, 2026, Bernstein set its EUR 92.00 target while retaining Buy.

Dates investors can track

Danone is scheduled to publish third-quarter 2026 sales on October 28, 2026, with an analyst call afterward, according to Financial Times. Danone's 2027 shareholders' meeting is scheduled for April 29, 2027, according to the company's investor-relations calendar.

What does the margin mean?

The first-half recurring operating margin reached 13.30 percent after a 12-basis-point year-over-year improvement, while like-for-like sales grew 3.50 percent. The comparison within 2026 was uneven: second-quarter like-for-like growth reached 4.20 percent, up from 2.70 percent in the first quarter, according to Financial Times. Management's 2026 outlook calls for like-for-like sales growth of 3.00 percent to 5.00 percent and recurring operating income growth faster than sales.

Danone stock stays near EUR 62

The small premium to the Xetra close leaves the stock close to its October 23 level ahead of the sales release. The next report will show whether pricing and volume trends can sustain the first-half margin improvement.

Danone stock was trading at EUR 62.25 at Lang & Schwarz on October 26, 2026, at 9:15 a.m. CEST, 0.02 percent above the Xetra close of October 23, 2026 at EUR 62.24. The further course of trading is shown by the continuously updated real-time quote of Danone stock.