Michelin stock falls to EUR 33.16, analyst target 26.7 percent higher
Published on 10/08/2026 at 16:05 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Michelin stock was trading at EUR 33.16 at Lang & Schwarz on October 8, 2026 at 4:01 p.m. CEST, down 1.31 percent versus the prior close of EUR 33.60 on October 7. According to wallstreet-online on October 5, JPMorgan kept its Overweight rating and EUR 42.00 price target, which is 26.66 percent above the Lang & Schwarz price.
Price sits below the yearly high
The finance quote for Michelin's Paris-listed share showed a 52-week range of EUR 25.51 to EUR 35.72 on October 8, 2026. The Lang & Schwarz price was 7.17 percent below the 52-week high, calculated from the EUR 35.72 upper bound.
The same-day Lang & Schwarz market showed a bid of EUR 33.15 and an ask of EUR 33.17. The narrow EUR 0.02 spread places the quoted market close to the reference price, while the daily move remained negative.
Valuation and reporting date
Michelin's market capitalization was EUR 22.5 billion on October 8, 2026, and its trailing P/E ratio was 14.60. The company lists its next third-quarter and nine-month sales conference for October 20, 2026, on its investor-relations page.
Comparison with peers
Michelin: minus 1.22 percent, P/E 14.60, market capitalization EUR 22.5 billion
Continental: minus 2.13 percent, P/E minus 51.98, market capitalization EUR 13.8 billion
Goodyear: minus 0.64 percent, P/E minus 0.53, market capitalization USD 1.3 billion
Next checkpoint is October 20
The October 20 sales update is the next dated market event for Michelin. Until then, the key market reference is the distance between the EUR 33.16 Lang & Schwarz quote and the EUR 35.72 52-week high, alongside the EUR 42.00 analyst target published by JPMorgan.
The further course of trading is shown by the continuously updated real-time quote of Michelin stock.
Michelin stock facts
- Company: Compagnie Générale des Établissements Michelin Société en commandite par actions
- ISIN: FR001400AJ45
- Ticker: ML.PA
- Price Lang & Schwarz as of October 8, 2026 at 4:01 p.m. CEST: EUR 33.16
- Change versus prior close: minus 1.31 percent
- Prior close Lang & Schwarz October 7, 2026: EUR 33.60
- Market capitalization: EUR 22.5 billion as of October 8, 2026
- 52-week range: EUR 25.51-EUR 35.72 as of October 8, 2026
- Next earnings date: October 20, 2026
Market context: Market report CAC 40.
