Oddo BHF raises target for Sandoz stock to CHF 75.00

Published on 10/27/2026 at 16:51 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Oddo BHF kept Neutral and lifted its target from CHF 62.00 to CHF 75.00 on October 20, 2026. Sandoz stock costs EUR 89.50 on October 27, 2026.

Target and reporting date

Oddo BHF kept its Neutral rating and raised the target from CHF 62.00 to CHF 75.00 on October 20, 2026.
Sandoz reported first-half 2026 sales of USD 5.80 billion, up 5.00 percent year over year.
Sandoz stock costs EUR 89.50 at Lang & Schwarz on October 27, 2026 at 4:41 p.m. CEST.
Cash reported that Sandoz will publish third-quarter sales on October 28, 2026, with consensus at USD 3.00 billion.
Sandoz had a market capitalization of CHF 35.7 billion as of October 27, 2026.

Sandoz, CH1243598427, Illustration mit AI erstellt.

Sandoz Group AG (ISIN CH1243598427) is facing a CHF 75.00 target from Oddo BHF after the firm raised its previous CHF 62.00 target while keeping a Neutral rating on October 20, 2026, according to Zonebourse. The stock was trading at EUR 89.50 at Lang & Schwarz on October 27, 2026 at 4:41 p.m. CEST.

First-half growth meets margin progress

Sandoz generated USD 5.80 billion in net sales during the first half of 2026, an increase of 5.00 percent at constant exchange rates from USD 5.20 billion in the prior-year period, according to the Yahoo Finance earnings-call transcript dated October 19, 2026. Biosimilar sales grew 20.00 percent, and biosimilars represented 33.00 percent of first-half sales. Core EBITDA margin expanded by 90 basis points to 20.90 percent.

CHF 83.38 remains the yearly high

The SIX share last stood at CHF 82.56 on October 27, 2026 at 5:33 p.m. CEST. Its 52-week range was CHF 48.15 to CHF 83.38, placing the share 0.98 percent below the high. Market capitalization was CHF 35.7 billion on the same date.

What does the target imply?

Oddo BHF's CHF 75.00 target is CHF 7.56 below the latest SIX price of CHF 82.56. The price-to-earnings ratio was 66.84 and the dividend yield was 0.01 percent on October 27, 2026. Cash reported on October 27, 2026 that Sandoz would publish third-quarter sales on October 28, 2026. The consensus cited by the publication calls for USD 3.00 billion, compared with USD 2.83 billion in the prior-year quarter.

Price and upcoming sales update

The combination of a raised CHF 75.00 target and the scheduled October 28 sales release leaves the next reported revenue figure as the immediate dated reference for the shares.

The further course of trading is shown by the continuously updated real-time quote of Sandoz stock.