Goldman Sachs raised price target for Henkel stock to EUR 79

Published on 10/13/2026 at 10:41 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Henkel grew organic sales 3.20 percent in the first half of 2026. Henkel stock costs EUR 76.18 on October 13, 2026, versus EUR 74.42.

Key points in brief

Goldman Sachs raised Henkel's price target from EUR 75.00 to EUR 79.00 on October 6, 2026.
Henkel reported 3.20 percent organic sales growth and EUR 10.3 billion in sales for the first half of 2026.
Henkel stock was trading at EUR 76.18 at Lang & Schwarz on October 13, 2026, 2.36 percent above the Xetra close of October 12.
The company completed the Stahl acquisition on October 1, 2026, adding a business with EUR 725.0 million in fiscal 2025 adjusted sales.

Trader diskutieren vor großen Bildschirmen mit DAX-Kurscharts auf dem Börsenparkett — Börsen-Editorial mit DAX-Charts symbolisiert den Xetra-Handel von Henkel AG & Co. KGaA Vz, ISIN DE0006048432, Illustration mit AI erstellt.

Henkel stock (ISIN DE0006048432) was trading at EUR 76.18 at Lang & Schwarz on October 13, 2026, at 10:35 a.m. CEST, up 2.36 percent versus the Xetra close of October 12, 2026, at EUR 74.42. On October 6, 2026, FinanzNachrichten reported that Goldman Sachs raised its rating from Sell to Neutral and increased the price target from EUR 75.00 to EUR 79.00.

Goldman raises the target

Goldman Sachs cited Henkel's valuation and robust sales development, while highlighting continuing momentum in adhesives and growth in hair care. The new EUR 79.00 target lies 3.70 percent above the EUR 76.18 Lang & Schwarz price, using the same euro basis.

The target change follows Henkel's first-half performance. Henkel reported EUR 10.3 billion in sales and 3.20 percent organic sales growth in the first half of 2026. Adjusted EBIT rose to EUR 1.6 billion, while the adjusted EBIT margin reached 15.70 percent.

What does growth mean for margins?

Henkel raised its fiscal 2026 organic sales growth outlook to 1.50 percent to 3.50 percent, from 1.00 percent to 3.00 percent, while keeping its adjusted EBIT margin outlook at 14.50 percent to 16.00 percent. The first-half adjusted EPS was EUR 2.86, an increase of 7.10 percent at constant currencies, according to the company's investor-relations information.

Three operating milestones

On May 7, 2026, Henkel reported 1.70 percent organic sales growth for the first quarter of 2026. On August 6, 2026, the company reported 3.20 percent organic growth for the first half, marking a 1.50 percentage-point improvement from the first quarter.

On October 1, 2026, Henkel completed its acquisition of Stahl. Stahl generated adjusted sales of EUR 725.0 million in fiscal year 2025, giving Henkel's Adhesive Technologies division an additional specialty-coatings platform.

Next dates for Henkel

The next two company dates are November 10, 2026, for third-quarter 2026 reporting, and March 8, 2027, for fiscal-year 2026 reporting, according to Henkel's investor-relations calendar.

Stock trades above Xetra close

At 10:35 a.m. CEST on October 13, 2026, Henkel stock was trading at EUR 76.18 at Lang & Schwarz, up 2.36 percent versus the Xetra close of October 12, 2026, at EUR 74.42. The stock's 52-week range was EUR 61.28 to EUR 84.20, while market capitalization stood at EUR 31.6 billion as of October 13, 2026. The further course of trading is shown by the continuously updated real-time quote of Henkel stock.