Hermès International stock rises as analysts cut targets

Published on 09/28/2026 at 13:30 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Hermès International stock trades at EUR 1,362.00 on September 28, 2026, up 1.08 percent in Paris. RBC cut its target to EUR 1,600.00 from EUR 1,700.00 on September 22.

Pariser Ledersattler stitcht Luxustasche im Atelier – Hermès International FR0000052292 — Hermès International FR0000052292 Pariser Ledersattler näht präzise eine elegante ungebrandete Luxustasche in warmem Atelierlich, Illustration mit AI erstellt.

Hermès International stock (ISIN FR0000052292) was trading at EUR 1,362.00 on Euronext Paris on September 28, 2026, at 1:13 p.m. CEST, up 1.08 percent from the prior close of EUR 1,347.50. The move comes as analysts reassess luxury demand and trim valuation assumptions for the French group.

Targets move lower

According to MarketScreener on September 22, 2026, RBC analyst Piral Dadhania kept a Neutral rating while cutting the price target from EUR 1,700.00 to EUR 1,600.00. The revised target lies 17.47 percent above the September 28 price, leaving the valuation debate central to the stock story.

MarketScreener also reported on September 21, 2026, that Bernstein reduced its forecast for third-quarter organic growth at constant exchange rates to 4.70 percent from 6.40 percent. The firm lowered its 2026 organic growth estimate to 6.20 percent from 6.80 percent, citing weaker demand in China.

Revenue remains a key marker

Hermès published its first-half 2026 results on July 29, 2026, and its finance page lists EUR 8.163 billion among the period's key figures, according to Hermès. The figure gives investors a recent operating reference as the market weighs slower luxury-sector growth against the company's premium positioning.

The next scheduled company event is the third-quarter 2026 sales release on October 22, 2026, at 8:00 a.m. CEST, according to Hermès. That date is the next concrete checkpoint for testing whether the lower growth expectations are reflected in reported sales.

Stock stays near yearly low

At EUR 1,362.00, the share price was EUR 63.50 above its 52-week low of EUR 1,298.50 and EUR 938.00 below its 52-week high of EUR 2,300.00 on September 28, 2026. The range places the stock 4.89 percent above its low and 40.78 percent below its high.

Hermès had a market capitalization of EUR 142.7 billion and trading volume of 19,659 shares at the same timestamp. The combination of a 1.08 percent intraday gain, a 40.78 percent gap to the yearly high and lower analyst targets leaves the upcoming sales release as the next measurable catalyst for the shares.