Philips stock: J.P. Morgan keeps Hold at EUR 23.50 target for Philips stock

Published on 10/22/2026 at 16:39 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Philips reports third-quarter results on November 2, 2026. Philips stock costs EUR 23.79 on October 22, 2026, up 1.06 percent versus Xetra close.

Analyst target and reporting date

J.P. Morgan maintained a Hold rating and set a EUR 23.50 target on October 9, 2026.
Second-quarter revenue reached EUR 4.36 billion and net income reached EUR 384.00 million.
Philips stock costs EUR 23.79 at Lang & Schwarz on October 22, 2026 at 4:32 p.m. CEST, 1.06 percent above the October 21, 2026 Xetra close of EUR 23.54.
Philips is scheduled to release third-quarter results on November 2, 2026.

Flatlay mit Aktienzertifikat, ISIN-Karte, Stethoskop und Elektronikbauteilen auf Tisch — Koninklijke Philips N.V. (NL0000009538) inszeniert Flatlay mit Aktienzertifikat, ISIN-Karte, Stethoskop und Elektronikbauteilen auf Holztisch, Illustration mit AI erstellt.

J.P. Morgan maintained a Hold rating on Philips and set a EUR 23.50 price target on October 9, 2026, according to Markets Insider. Philips stock was trading at EUR 23.79 at Lang & Schwarz on October 22, 2026 at 4:32 p.m. CEST, up 1.06 percent versus the Xetra close of October 21, 2026 at EUR 23.54.

Second-quarter figures set the baseline

Philips reported second-quarter revenue of EUR 4.36 billion and net income of EUR 384.00 million for the period ended June 30, 2026. Revenue was up from EUR 4.34 billion in the year-earlier quarter, while net income rose from EUR 240.00 million, according to Markets Insider. The revenue increase was 0.46 percent, while the net income increase was 60.00 percent.

The company's investor-relations page identifies the second-quarter results publication as July 28, 2026 and describes Philips as a health technology company serving diagnosis, treatment and home care, according to Philips.

Stock remains below its yearly high

The EUR 23.79 Lang & Schwarz price is EUR 3.78 below the 52-week high of EUR 27.57 and EUR 2.87 above the 52-week low of EUR 20.92. The distance to the high is 13.71 percent. The quote is also EUR 0.29 above the J.P. Morgan target, putting the price 1.23 percent above that target.

Valuation and next reporting date

Philips had a market capitalization of EUR 23.3 billion, a price-to-earnings ratio of 20.40 and a dividend yield of 0.04 percent on October 22, 2026. Its next scheduled reporting date is November 2, 2026, when third-quarter 2026 results are due, as listed by MarketScreener. For investors, the gap between the current price and the latest named target is narrow, while the upcoming report offers the next dated test of Philips' 2026 performance.

Price and investor perspective

Philips is listed on Euronext Amsterdam under the ticker PHIA. The current euro quote sits above the October 21, 2026 Xetra close, while the 52-week range shows that the stock remains materially below its yearly high.

At Lang & Schwarz, Philips stock was trading at EUR 23.79 on October 22, 2026 at 4:32 p.m. CEST, 1.06 percent above the Xetra close of October 21, 2026 at EUR 23.54. The further course of trading is shown by the continuously updated real-time quote of Philips stock.