Bernstein target leaves Michelin stock 11.08 percent below EUR 38.00
Published on 10/14/2026 at 16:23 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSAnalyst view and trading date
- The EUR 38.00 Bernstein target places Michelin stock 11.08 percent below the target.
- Michelin's next third-quarter and nine-month sales event is scheduled for October 20, 2026.
- Michelin stock costs EUR 33.79 at Lang & Schwarz on October 14, 2026 at 4:10 p.m. CEST, with 478,837 shares traded.
- Michelin has a EUR 22.9 billion market capitalization and a price to earnings ratio of 14.88.
Bernstein's EUR 38.00 target leaves Michelin stock 11.08 percent below the target, according to wallstreetONLINE in a report dated October 1, 2026. The target applies to a 12-month view and comes with an Outperform rating from Bernstein Research.
Sales date comes into view
Michelin's next scheduled corporate event is its third-quarter and nine-month sales conference on October 20, 2026, according to the company's investor page at Michelin. The date gives the market a defined checkpoint after the company's first-half revenue reached EUR 12.70 billion, up 0.50 percent at constant exchange rates, as reported in a Yahoo Finance earnings-call transcript.
Stock remains inside yearly range
Michelin was trading at EUR 33.79 at Lang & Schwarz on October 14, 2026 at 4:10 p.m. CEST. The quote sat inside the EUR 26.10 to EUR 35.72 52-week range, leaving the stock 5.40 percent below its yearly high.
Trading volume stood at 478,837 shares against an average of 1,473,700 shares. That equals 32.49 percent of the average volume and gives the day's price snapshot a restrained turnover profile.
Valuation and peer comparison
Michelin's market capitalization was EUR 22.9 billion on October 14, 2026, while its price to earnings ratio was 14.88 and its dividend yield was 0.04 percent. The finance calendar also lists the October 20 sales event as the next scheduled reporting date.
Comparison with peers
Michelin: price to earnings ratio 14.88, market capitalization EUR 22.9 billion
Pirelli (Euronext Milan, EUR): unchanged, price to earnings ratio 13.36, market capitalization EUR 7.2 billion
Continental (Xetra, EUR): plus 0.06 percent, market capitalization EUR 14.0 billion
Price and investor reference
The current Michelin quote was EUR 33.79 at Lang & Schwarz on October 14, 2026 at 4:10 p.m. CEST, with a bid of EUR 33.78 and an ask of EUR 33.79. The 52-week high was EUR 35.72, and the market capitalization was EUR 22.9 billion.
The further course of trading is shown by the continuously updated real-time quote of Michelin stock.
Michelin stock facts
- Company: Compagnie Générale des Établissements Michelin Société en commandite par actions
- ISIN: FR001400AJ45
- Ticker: ML.PA
- Primary exchange: Euronext Paris
- Price Lang & Schwarz as of October 14, 2026, 4:10 p.m. CEST: EUR 33.79
- Market capitalization: EUR 22.9 billion as of October 14, 2026
- 52-week range: EUR 26.10-EUR 35.72 as of October 14, 2026
- Sector / Industry: Consumer Cyclical / Auto - Parts
- Index membership: CAC 40
- Next earnings date: October 20, 2026
Market context: Market report CAC 40.
