Philips stock: JPMorgan keeps EUR 23.50 target for Philips stock

Published on 10/21/2026 at 16:09 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Philips reached 1,000 SmartSpeed installations on October 15. Philips stock costs EUR 23.29 on October 21, 2026, up 0.82 percent versus the Xetra close.

Analyst target and dates

JPMorgan retained a EUR 23.50 target for Philips on October 8, 2026.
Philips reached 1,000 SmartSpeed Precise installations on October 15, 2026.
Philips stock costs EUR 23.29 at Lang & Schwarz on October 21, 2026 at 4:03 p.m. CEST, 0.82 percent above the October 20, 2026 Xetra close.
Philips is scheduled to publish third-quarter results on November 2, 2026.

Isometrische 3D-Grafik der Wertschöpfungskette von Fabrik bis Weltvertrieb — Koninklijke Philips N.V. (NL0000009538) illustriert isometrische Wertschöpfungskette von Fabrik über Lager bis Medizingeräte-Vertrieb weltweit, Illustration mit AI erstellt.

Philips (ISIN NL0000009538) remains rated Neutral by JPMorgan, which retained a EUR 23.50 price target in an October 8, 2026 research note, according to FinanzNachrichten. The target is 0.90 percent above the EUR 23.29 price at Lang & Schwarz on October 21, 2026 at 4:03 p.m. CEST. On October 15, Philips had reached 1,000 SmartSpeed Precise installations, as reported by MarketScreener.

JPMorgan analyst David Adlington expects Philips third-quarter revenue and adjusted EBITA to come in below consensus, while retaining the EUR 23.50 target and Neutral rating, according to FinanzNachrichten. The note dated October 8, 2026 places the focus on execution ahead of the next quarterly report rather than on a new target revision.

Philips stock stays below its high

At EUR 23.29 at Lang & Schwarz on October 21, 2026 at 4:03 p.m. CEST, Philips was 11.33 percent above its EUR 20.92 52-week low and 15.52 percent below its EUR 27.57 52-week high. The range and market capitalization were quoted for October 21, 2026. The Xetra listing was at EUR 23.40 at 3:47 p.m. CEST, with 8,547 shares traded in that snapshot.

Philips describes its business as health technology spanning diagnosis and treatment, connected care and personal health, according to Philips. Its market capitalization was EUR 22.9 billion and its price-to-earnings ratio was 20.02 on October 21, 2026. The company is scheduled to publish third-quarter results on November 2, 2026, according to MarketScreener.

Comparison with peers

Koninklijke Philips: plus 0.82 percent versus the October 20, 2026 Xetra close, price-to-earnings ratio 20.02, market capitalization EUR 22.9 billion.

Siemens Healthineers (Xetra, EUR): plus 1.06 percent on October 21, 2026, price-to-earnings ratio 21.16, market capitalization EUR 46.9 billion. GE HealthCare (Nasdaq, USD): minus 1.78 percent on October 21, 2026, price-to-earnings ratio 20.03, market capitalization USD 31.2 billion.

What the target says about valuation

JPMorgan's EUR 23.50 target leaves a narrow 0.90 percent gap to the Lang & Schwarz price. The small distance contrasts with the wider 15.52 percent gap to the 52-week high, making the November reporting date the next concrete test for the analyst view.

Philips stock and the Xetra close

Philips stock was trading at EUR 23.29 at Lang & Schwarz on October 21, 2026 at 4:03 p.m. CEST, plus 0.82 percent versus the Xetra close of October 20, 2026 at EUR 23.10. The further course of trading is shown by the continuously updated real-time quote of Philips stock.