Campari confirms 2026 outlook and Campari stock gains 1.32 percent

Published on 10/05/2026 at 12:50 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Campari's organic growth reached 2.70 percent in the first half of 2026. Campari stock costs EUR 6.12 on October 5, 2026 after EUR 6.04.

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Campari confirmed its 2026 outlook in an aide-memoire dated September 29, 2026, including an expected EUR 20.00 million negative tariff impact, down from EUR 30.00 million previously. Campari stock was trading at EUR 6.12 at Lang & Schwarz on October 5, 2026 at 12:43 p.m. CEST, up 1.32 percent versus the prior close of EUR 6.04.

Tariff costs fall to EUR 20.00 million

According to Campari Group on September 29, 2026, the lower tariff burden is expected to add EUR 10.00 million of benefit compared with the previous outlook. The company also reaffirmed expected industry outperformance with about 3.00 percent organic topline growth, while the source states that the full-year negative tariff impact is expected at EUR 20.00 million instead of EUR 30.00 million.

The latest reported period shows the operating challenge behind that guidance. In the first half of 2026, net sales were EUR 1.512 billion versus EUR 1.528 billion in the first half of 2025, a decline of 1.05 percent, while organic growth reached 2.70 percent. The difference reflects a EUR 27.00 million foreign-exchange impact and a EUR 30.00 million perimeter impact, both identified in the company document.

UBS lifts target to EUR 7.00

MarketScreener reported on September 15, 2026 that UBS raised its rating from Neutral to Buy and lifted its price target from EUR 6.10 to EUR 7.00. The new target lies 14.38 percent above the Lang & Schwarz price, giving the analyst action a clear valuation reference without mixing exchange prices.

UBS expects organic growth above 4.00 percent in the second half of 2026 and forecasts 2026 revenue of EUR 3.08 billion. The analysis also points to aperitifs, ready-to-drink formats and a recovering US sell-out as operating supports, while tariff and logistics costs remain the main counterweight.

Stock remains below yearly high

Campari's Lang & Schwarz price stood 10.26 percent below the EUR 6.82 52-week high and EUR 0.85 above the EUR 5.27 low on October 5, 2026. The market capitalization was EUR 7.3 billion at the same date, placing the daily move in the context of a stock still below its yearly peak.

Campari is scheduled to publish its nine-month 2026 net sales on October 28, 2026, according to the Campari Group document. That date will test whether the 2.70 percent first-half organic growth rate and the improved tariff assumption are carrying into the next reported period.

Trading stays below EUR 6.82

Campari stock was trading at EUR 6.12 at Lang & Schwarz on October 5, 2026 at 12:43 p.m. CEST, plus 1.32 percent versus the prior close of EUR 6.04. The further course of trading is shown by the continuously updated real-time quote of Campari stock.