Hermès International stock faces analyst cuts before October sales

Published on 10/04/2026 at 09:24 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Hermès International stock was last at EUR 1,299.50 on October 2, 2026, near its 52-week low after a 38.76 percent year to date decline. Bernstein set its target at EUR 1,750.

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Hermès International (ISIN FR0000052292) was last at EUR 1,299.50 on Euronext Paris on October 2, 2026, down 0.15 percent for the session. The stock sits 43.5 percent below its 52-week high of EUR 2,300 and only 0.85 percent above its 52-week low of EUR 1,288.50, making analyst revisions the central issue before the next sales update.

Analyst target falls to EUR 1,750

Bernstein retained its Buy rating but cut its Hermès price target from EUR 2,150 to EUR 1,750 in a research note dated September 21, 2026, according to MarketScreener. The revised target still lies 34.7 percent above the October 2 price, but the cut shows how sharply expectations have reset.

A second pressure point came from HSBC. On September 30, 2026, the bank lowered its Hermès target from EUR 1,650 to EUR 1,550 and maintained a Hold recommendation, citing weaker consumer confidence and slower growth, as reported by Bourse Direct.

Revenue growth remains positive

Hermès generated EUR 8.163 billion of revenue in Q2 2026, compared with EUR 8.034 billion in Q2 2025, a year-over-year increase of 1.6 percent. Net income was EUR 2.238 billion, versus EUR 2.246 billion a year earlier, according to Business Insider.

The combination matters: revenue still expanded, while net income slipped 0.4 percent. For investors, the upcoming sales figure will test whether Hermès can preserve its premium growth profile as luxury demand becomes more selective.

October 22 sets the next checkpoint

Hermès will present its Q3 2026 sales and revenue on October 22, 2026, at 8:00 a.m. CEST, according to the company's Hermès Finance calendar. The first-half 2026 revenue figure on the same page is EUR 8.163 billion, giving the October release a clearly defined comparison base.

Hermès stock stays near its yearly low

Hermès International stock had a market capitalization of EUR 136.1 billion and trading volume of 124,557 shares on October 2, 2026. Its last price was EUR 1,299.50 at 5:35 p.m. CEST on Euronext Paris, with the day ranging from EUR 1,288.50 to EUR 1,322.00.