Pandora stock: HSBC lifts target for Pandora stock to DKK 890

Published on 10/24/2026 at 02:28 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

HSBC lifted Pandora's target from DKK 880 to DKK 890 on October 14, 2026. Pandora stock's next results are scheduled for November 3, 2026.

Analyst path and operating base

HSBC set a DKK 890 target on October 14, 2026.
Pandora reported DKK 7,219 million in second-quarter 2026 revenue and a 20.3 percent EBIT margin.
Pandora stock stood at DKK 822.00 on Nasdaq Copenhagen on October 23, 2026.

Makrofoto eines gravierten Silber-Charm-Armbands mit funkelnden Edelsteinen im Detail — Pandora A/S (DK0060252690) produziert filigranen Silberschmuck, Makroaufnahme zeigt detailreiche Gravuren und Edelsteine im Nahbereich, Illustration mit AI erstellt.

Pandora (ISIN DK0060252690) has an analyst target of DKK 890 after HSBC lifted it from DKK 880 on October 14, 2026, according to MarketScreener. The next scheduled earnings release is November 3, 2026.

Three target changes shape the debate

Pandora's recent analyst sequence moved from UBS at DKK 839 on October 5, 2026, to RBC at DKK 875 on October 12, 2026, and HSBC at DKK 890 on October 14, 2026. MarketScreener lists the target changes and the associated hold or sector perform ratings.

What does the target imply?

On Nasdaq Copenhagen, Pandora stood at DKK 822.00 on October 23, 2026. HSBC's DKK 890 target therefore lies 8.27 percent above that price, while the market value was DKK 61.5 billion and the 52-week range was DKK 430.00 to DKK 904.40 on the same date.

Q2 growth came with tariff effects

In its Q2 2026 announcement dated August 12, 2026, Globenewswire reported revenue of DKK 7,219 million, up from DKK 7,075 million in Q2 2025. Organic growth was 3.00 percent, while EBIT reached DKK 1,463 million and the EBIT margin was 20.3 percent, compared with 18.2 percent a year earlier.

The company upgraded its fiscal year 2026 guidance to 0-3 percent organic growth and a 22-23 percent EBIT margin, from previous ranges of minus 1 to 2 percent and 21-22 percent. The announcement said a one-off refund linked to the US IEEPA tariff claim supported the margin, making the quality of that improvement important for the November results.

Next reporting date

MarketScreener lists November 3, 2026 as the Q3 2026 earnings release date. That report should show whether the mid-single-digit like-for-like growth cited for Q3 can offset softer North American demand.

Stock stays below its yearly high

Pandora's October 23, 2026 Copenhagen price of DKK 822.00 remained below the DKK 904.40 52-week high, leaving the analyst target below that peak but above the latest quoted level.

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