Hermès International stock falls 1.13 percent before Q3 sales

Published on 10/06/2026 at 16:47 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Hermès International stock fell 1.13 percent on October 6, 2026, as UBS set a EUR 1,168 target. First-half revenue reached EUR 8.163 billion, ahead of forecast.

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Hermès International stock (ISIN FR0000052292) was trading at EUR 1,271.50 on Euronext Paris on October 6, 2026 at 4:31 p.m. CEST, down 1.13 percent from the previous close. The move leaves the luxury group close to its 52-week low while investors await the next sales update.

Revenue beats the first-half forecast

Hermès Finance reported first-half 2026 revenue of EUR 8.163 billion and listed 27,107 employees at the end of June 2026. The revenue figure gives the stock a fundamental anchor even as the market prices in slower growth for the rest of the year.

MarketScreener lists first-half 2026 revenue of EUR 8.163 billion against a forecast of EUR 8.128 billion, a difference of EUR 35 million, in its financial calendar for Hermès. Its table also shows second-quarter revenue of EUR 4.094 billion versus EUR 4.058 billion forecast, a EUR 36 million comparison in the same direction.

UBS cuts its target to EUR 1,168

As Yahoo Finance reported on October 5, 2026, UBS downgraded Hermès from Neutral to Sell and cut its 12-month price target from EUR 1,695 to EUR 1,168. The bank linked its weaker view to a less exclusive product mix, more cyclical demand and lower expected benefits from scale.

Markets Insider reported a Hold consensus and a price target consensus of EUR 1,608.09. Against the October 6 quote of EUR 1,271.50, that consensus target is 20.9 percent higher, while the UBS target is below the market price.

Third-quarter sales are due October 22

Hermès' official finance calendar schedules the third-quarter 2026 sales release for October 22, 2026, with the analyst presentation at 9:00 a.m. Paris time, according to Hermès Finance. That date is the next concrete test of whether the first-half revenue pace can withstand the slower growth assumptions cited by UBS.

The October 6 quote stood EUR 11.50 above the 52-week low of EUR 1,260, or 0.9 percent higher, and EUR 1,028.50 below the 52-week high of EUR 2,300. Market capitalization was EUR 133.2 billion, with 30,488 shares traded at the recorded time.

Hermès stock stays near its yearly low

Hermès International was last at EUR 1,271.50 on Euronext Paris on October 6, 2026 at 4:31 p.m. CEST, down 1.13 percent from EUR 1,286.00. The combination of a fresh UBS Sell rating, a lower target and an upcoming revenue checkpoint makes October's sales release the next major valuation test.