Michelin stock at EUR 33.63, market value EUR 22.8 billion
Published on 10/12/2026 at 13:39 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSKey points in brief
- Michelin stock was at EUR 33.63 at Lang & Schwarz on October 12, 2026 at 1:35 p.m. CEST, 0.66 percent above the October 9 Xetra close of EUR 33.41.
- The price stood 5.85 percent below the 52-week high of EUR 35.72 and 31.82 percent above the low of EUR 25.51.
- Market capitalization was EUR 22.8 billion, with a price-earnings ratio of 14.80 and a trailing dividend yield of 0.04 percent.
- J.P. Morgan maintained a Buy rating and a EUR 42.00 target on October 5, 2026.
Michelin stock (FR001400AJ45) was trading at EUR 33.63 at Lang & Schwarz on October 12, 2026 at 1:35 p.m. CEST, 0.66 percent above the Xetra close of EUR 33.41 from October 9, 2026. The price was 5.85 percent below the 52-week high of EUR 35.72, giving the market report a clear range-based frame rather than a company announcement as its central theme.
Range leaves room to the high
The same quote placed Michelin at EUR 31.82 percent above its 52-week low of EUR 25.51 on October 12, 2026. Its market capitalization was EUR 22.8 billion, while the price-earnings ratio stood at 14.80 and the trailing dividend yield at 0.04 percent.
Trading activity was 155,681 shares at the latest finance snapshot, against an average volume of 1,488,826 shares, both dated October 12, 2026. The bid was EUR 33.62 and the ask EUR 33.63 at Lang & Schwarz, leaving a spread of EUR 0.01.
Valuation and analyst target
Markets Insider reported on October 5, 2026 that J.P. Morgan maintained a Buy rating and a EUR 42.00 price target. The target lies 24.89 percent above the Lang & Schwarz price of EUR 33.63, a wider gap than the stock's 5.85 percent distance from its 52-week high.
The same report cited Michelin revenue of EUR 12.69 billion and net profit of EUR 761.00 million for the quarter ending June 30, 2026. Those figures give the valuation a recent operating reference, while the market capitalization and multiple describe how the market currently prices that earnings base.
Comparison with peers
Michelin: plus 0.66 percent, P/E 14.80, market capitalization EUR 22.8 billion
Continental (Xetra, EUR): minus 0.40 percent, P/E minus 51.97, market capitalization EUR 13.8 billion
Goodyear (Nasdaq, USD): minus 1.47 percent, P/E minus 0.53, market capitalization USD 1.3 billion
October 20 is the next date
Michelin lists October 20, 2026 as the date for its third-quarter and nine-month sales conference. For the stock, that calendar point matters because the latest first-half revenue was EUR 12.69 billion, up 0.50 percent at constant rates, according to the investor page.
Price and market position
Michelin is listed on Euronext Paris under ticker ML.PA and ISIN FR001400AJ45, according to Global Banking and Finance Review. The current euro quote therefore sits between a defined 52-week floor and ceiling, with the next scheduled sales update providing the nearest dated operating checkpoint.
The further course of trading is shown by the continuously updated real-time quote of Michelin stock.
Michelin market data
- Company: Compagnie Générale des Établissements Michelin Société en commandite par actions
- ISIN: FR001400AJ45
- Ticker: ML.PA
- Primary exchange: Euronext Paris
- Price Lang & Schwarz (as of October 12, 2026, 1:35 p.m. CEST): EUR 33.63
- Change versus Xetra close: plus 0.66 percent
- Xetra close (October 9, 2026): EUR 33.41
- Market capitalization: EUR 22.8 billion (as of October 12, 2026)
- 52-week range: EUR 25.51-EUR 35.72 (as of October 12, 2026)
- Sector / Industry: Consumer Discretionary / Tires and Rubber Products
- Index membership: CAC 40
- Next earnings date: October 20, 2026
Market context: Market report CAC 40.
