Hermès International stock heads toward October 22 sales update

Published on 10/06/2026 at 14:12 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Hermès International stock enters the October 22, 2026 sales window after first-half revenue of EUR 8.163 billion. UBS cut its target to EUR 1,168 from EUR 1,695.

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Hermès International (ISIN FR0000052292) was trading at EUR 1,288.50 on Euronext Paris on October 6, 2026 at 1:56 p.m. CEST, up 0.19 percent from EUR 1,286.00. The next company sales update is scheduled for October 22, 2026, when Hermès will present third-quarter revenue, per Hermès Finance.

October 22 brings the next test

Hermès reported EUR 8.163 billion in revenue for the first half of 2026 and listed 27,107 employees at the end of June, according to Hermès Finance. The sales update will show whether the luxury group can maintain its growth profile as the market reassesses demand beyond its most exclusive leather goods.

UBS lowers the growth hurdle

UBS downgraded Hermès from Neutral to Sell on October 5, 2026, and cut its 12-month price target from EUR 1,695 to EUR 1,168, as Yahoo Finance reported. The EUR 527 reduction puts the new target below the October 6 market price and reflects UBS estimates for slower sales growth, lower scale benefits and a higher long-term tax rate.

UBS forecasts EUR 4.1 billion in third-quarter sales and 5 percent organic growth, with leather goods up 10 percent, according to the same October 5 report. That mix makes the October 22 release especially important: leather goods remain the key support, while watches and beauty are forecast to decline 5 percent in the quarter.

Consensus stays above the market

Markets Insider reported on October 5, 2026, that the analyst consensus was Hold with an average price target of EUR 1,608.09 for Hermès. That target lies 24.8 percent above the EUR 1,288.50 market price, creating a clear gap between the published consensus and UBS's more cautious EUR 1,168 view.

Stock remains below its yearly high

Hermès stock was trading at EUR 1,288.50 on Euronext Paris on October 6, 2026 at 1:56 p.m. CEST, with 18,232 shares traded and a market capitalization of EUR 135.0 billion. The price was 44.0 percent below the 52-week high of EUR 2,300 and EUR 28.50 above the 52-week low of EUR 1,260.