Beiersdorf, DE0005200000

Goldman cuts Beiersdorf target: Beiersdorf stock gains 1.31 percent

Published on 10/07/2026 at 10:18 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

First-half revenue fell 4.50 percent to EUR 4.95 billion. Beiersdorf stock costs EUR 77.10 on October 7, 2026 after EUR 76.10, plus 1.31 percent.

Editorial-Aufnahme eines Trading-Floors mit abstrakten Kurscharts auf Bildschirmen — Börsen-Editorial vom Frankfurter Handelsraum zeigt das Marktumfeld von Beiersdorf AG, ISIN DE0005200000, Illustration mit AI erstellt.

Goldman Sachs cut Beiersdorf's 12-month price target from EUR 82.00 to EUR 73.00 on October 6, 2026, while downgrading the stock from Neutral to Sell, according to Investing.com. Beiersdorf stock was trading at EUR 77.10 at Lang & Schwarz on October 7, 2026 at 10:09 a.m. CEST, plus 1.31 percent versus the prior close of EUR 76.10.

Goldman sees Nivea pressure

Goldman expects Beiersdorf's Consumer division to post organic sales growth of 2.00 percent to 3.00 percent over the mid-to-long term, according to the October 6, 2026 report. The same analysis forecasts a 3.10 percent organic sales decline in Consumer in 2026 and a 5.50 percent decline for Nivea.

The report also points to EUR 100.0 million of additional media spending in the second half of 2026. Goldman argues that the investment may not be enough to offset tougher competition, while the Derma business represents 20.00 percent of Consumer sales against 66.00 percent for Nivea.

First-half figures set the test

Beiersdorf reported EUR 4.95 billion of revenue in the first half of 2026, down 4.50 percent from the first half of 2025, according to Simply Wall St. Net income was EUR 551.0 million, broadly flat year over year, while earnings per share increased to EUR 2.52 from EUR 2.47.

That mix leaves the October 27, 2026 third-quarter report as the next measurable test of the Nivea reset. Goldman expects group organic sales to decline 1.40 percent, compared with a Visible Alpha consensus decline of 0.30 percent, according to Investing.com.

Stock remains below its yearly high

Beiersdorf's Lang & Schwarz price is EUR 33.10 below the 52-week high of EUR 110.20 and EUR 10.02 above the 52-week low of EUR 67.08, both quoted in euros as of October 7, 2026. The market capitalization was EUR 16.8 billion on the same date, giving the downgrade a company-specific valuation backdrop rather than a purely technical signal.

Beiersdorf was trading at EUR 77.10 at Lang & Schwarz on October 7, 2026 at 10:09 a.m. CEST, plus 1.31 percent versus the Lang & Schwarz prior close of EUR 76.10 on October 6, 2026. The further course of trading is shown by the continuously updated real-time quote of Beiersdorf stock.