Danone, FR0000120644

Danone stock gains as 2026 growth guidance stays intact

Published on 10/05/2026 at 14:59 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Danone stock traded at EUR 59.12 on October 2, 2026, after the group reaffirmed 3 percent to 5 percent growth guidance. Q2 like-for-like sales rose 4.2 percent.

Flatlay auf Marmor: Aktienzertifikat FR0000120644, Milchflasche, CAC-40-Karte, Goldstift — Flatlay mit Danone S.A. Aktienzertifikat FR0000120644, Milchflasche, Joghurt und goldenem Stift auf Marmor, Illustration mit AI erstellt.

Danone stock (ISIN FR0000120644) closed at EUR 59.12 on Euronext Paris on October 2, 2026, up 2.67 percent from the prior session. The company had reaffirmed its fiscal-year outlook one day earlier, keeping like-for-like sales growth guidance at 3 percent to 5 percent for 2026.

Guidance stays at 3 to 5 percent

According to GlobeNewswire on October 1, 2026, Danone said recurring operating income is expected to grow faster than sales while the 2026 sales target remains unchanged. The update came ahead of the companys Q3 sales publication scheduled for October 28, 2026.

The latest operating figures provide the reference point for that outlook. Danone reported H1 2026 like-for-like sales growth of 3.5 percent, consisting of a 1.7 percent volume and mix contribution and a 1.8 percent price contribution, according to GlobeNewswire.

Q2 growth accelerated to 4.2 percent

Q2 2026 sales reached EUR 7,215 million and rose 4.2 percent on a like-for-like basis. That compared with 2.7 percent growth in Q1, an acceleration of 1.5 percentage points that gives the October 28 update a clear operational benchmark.

Regional performance was uneven. APAC delivered 5.2 percent like-for-like growth in Q2, while EMEA grew 3.6 percent and the Americas increased 4.3 percent, figures reported in Danones October 1 aide-memoire.

Analysts see room above EUR 59.12

The analyst picture is divided on the pace of improvement. Markets Insider reported on October 2, 2026, that Jefferies cut its price target to EUR 60 from EUR 62 and retained an Underperform rating, citing expected Q3 pressure from Mizone in China and the lack of Argentine dairy hyperinflation pricing.

By contrast, the consensus compiled by Investing.com is Buy from 22 analysts, including 13 Buy, 7 Hold and 2 Sell ratings. The average 12-month target is EUR 78.93, with a high of EUR 93 and a low of EUR 59, placing the average target 33.51 percent above the October 2 price.

Danone stock stays near yearly low

At EUR 59.12 on October 2, 2026, Danone stock stood EUR 1.86 above its 52-week low of EUR 57.26 and EUR 21.02 below its 52-week high of EUR 80.14. The next company checkpoint is the Q3 sales release on October 28, 2026.