Bernstein keeps EUR 126.00 target for Heineken stock

Published on 10/16/2026 at 15:04 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Second-quarter 2026 revenue was EUR 14.84 billion. Heineken stock costs EUR 75.24 on October 16, 2026, up 0.61 percent versus the October 15 Euronext close.

Analyst target stands above price

Bernstein maintained a Buy rating and set a EUR 126.00 target on October 15, 2026, 67.46 percent above the price.
Second-quarter 2026 revenue reached EUR 14.84 billion.
Heineken stock costs EUR 75.24 at Lang & Schwarz on October 16, 2026 at 3:00 p.m. CEST, plus 0.61 percent versus the Euronext close of October 15, 2026.
Heineken had a EUR 41.6 billion market capitalization and a price-to-earnings ratio of 18.38 on October 16, 2026.

Aquarellmalerei einer Amsterdamer Gracht mit Grachtenhäusern und alten Ziegelbauten — Heineken N.V. (NL0000009165) hat seinen Firmensitz nahe malerischer historischer Grachten mitten in der Amsterdamer Altstadt, Illustration mit AI erstellt.

Bernstein maintained a Buy rating for Heineken and set a EUR 126.00 price target on October 15, 2026, according to Markets Insider. The target stands 67.46 percent above the Lang & Schwarz price of EUR 75.24. Heineken stock was trading at EUR 75.24 at Lang & Schwarz on October 16, 2026 at 3:00 p.m. CEST, plus 0.61 percent versus the Euronext close of October 15, 2026 at EUR 74.78.

Revenue gives the market a reference

Heineken's second-quarter 2026 revenue reached EUR 14.84 billion, while net profit came to EUR 1.13 billion, Markets Insider reported. The figures give the stock a current operating reference alongside the analyst target, rather than turning the target into a forecast by the company.

Price position and trading range

The Lang & Schwarz quote carried a bid of EUR 75.22 and an ask of EUR 75.26 on October 16, 2026. The home-market quote showed a day range from EUR 74.20 to EUR 75.54, while the 52-week range ran from EUR 63.90 to EUR 80.44. At EUR 75.24, the stock stood 6.47 percent below its 52-week high and 17.74 percent above its 52-week low.

Heineken's October 16 price was 0.61 percent above the EUR 74.78 Euronext close of October 15, 2026. The company is listed on Euronext Amsterdam under ticker HEIA, according to Boursorama.

Valuation and peer comparison

Heineken had a market capitalization of EUR 41.6 billion and a price-to-earnings ratio of 18.38 on October 16, 2026. An October 8, 2026 review by Lux Opes said the company retained full-year 2026 organic operating-profit guidance of 2 to 6 percent.

Comparison with peers

Heineken: plus 0.61 percent, P/E 18.38, market capitalization EUR 41.6 billion
Anheuser-Busch InBev (Euronext Brussels, EUR): minus 0.16 percent, P/E 13.75, market capitalization EUR 127.4 billion
Carlsberg (Nasdaq Copenhagen, DKK): plus 0.04 percent, P/E 19.35, market capitalization DKK 123.4 billion

Stock level and investor calendar

The strongest contrast is between the current quote and the EUR 126.00 Bernstein target. Heineken's 18.38 price-to-earnings ratio is below Carlsberg's 19.35 but above Anheuser-Busch InBev's 13.75, while the market capitalizations underline the different scale of the three brewers.

The next scheduled earnings date is October 28, 2026, according to the published market calendar. For investors, the next report will provide the next dated test of the EUR 14.84 billion quarterly revenue base and the 2 to 6 percent full-year operating-profit outlook.

Trading view for Heineken

The stock's placement remains defined by a EUR 75.24 price, a 6.47 percent distance below its 52-week high and a 67.46 percent gap to the Bernstein target. The comparison with its peers points to a middle valuation position among the three brewers, while the next earnings date supplies the next scheduled reference point.

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