Hermès International stock falls as UBS cuts its target

Published on 10/05/2026 at 23:08 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Hermès International stock faces a UBS target of EUR 1,168 after the bank shifted from Hold to Sell on October 5, 2026. First-half revenue reached EUR 8.163 billion, with third-quarter results set for October 22.

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Hermès International (ISIN FR0000052292) stock was last at EUR 1,286 on Euronext Paris on October 5, 2026 at 5:36 p.m. CEST, down 1.04 percent from the prior close. According to Ideal Investisseur on October 5, 2026, UBS shifted its rating from Hold to Sell and cut its price target from EUR 1,695 to EUR 1,168.

UBS sets a lower valuation bar

The new target is EUR 118 below the October 5 reference price, while the downgrade adds a negative analyst signal to a stock already trading near its yearly low. Hermès touched EUR 1,260 during the session, the lowest level described by Ideal Investisseur as a four-year low.

Yahoo Finance reported on October 5, 2026 that Goldman Sachs and UBS issued rare Sell ratings as analysts reassessed Hermès growth outlook. The report said the stock traded at 27 times forward earnings and that Bloomberg-tracked analysts expected full-year revenue growth of 6.82 percent at constant exchange rates.

Revenue still grows in 2026

Hermès lists first-half 2026 revenue of EUR 8.163 billion and 27,107 employees at the end of June on its Hermès Finance page. The latest quarterly comparison is also concrete: second-quarter revenue reached EUR 4.094 billion, up 4.8 percent, according to Ideal Investisseur.

The mix remains important for the next report. Ideal Investisseur cited 10.2 percent constant-currency growth in leather goods and saddlery during the second quarter, while Perfumes and Beauty declined 9.5 percent at constant exchange rates.

October 22 brings the next test

Hermès has scheduled its third-quarter 2026 sales release for October 22, 2026 at 8:00 a.m. CEST, according to Hermès Finance. That date will put the 6.82 percent full-year growth consensus and the UBS downgrade against the companys reported sales performance.

Stock sits near its yearly low

Hermès stock was last at EUR 1,286 on Euronext Paris on October 5, 2026 at 5:36 p.m. CEST. Its 52-week range was EUR 1,260 to EUR 2,300, market capitalization was EUR 134.7 billion, and volume was 115,918 shares.