Hermes International stock slips after AlphaValue downgrade

Published on 09/14/2026 at 15:00 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Hermes International stock closed at EUR 1,399.50 on September 11, 2026, down 0.67 percent. AlphaValue cut its view to Add and set a EUR 1,730 target.

Black and white documentary photo of leather artisan hand-stitching a leather bag in workshop — Hermès FR0000125452 zeigt einen Lederhandwerker der im Atelier mit Sattlernadel eine Tasche vernäht, Illustration mit AI erstellt.

Hermes International stock (FR0000125452) closed at EUR 1,399.50 on Euronext Paris on September 11, 2026, down 0.67 percent on the day. AlphaValue/Baader Europe cut its view to Add from Buy on September 12, 2026, and set a EUR 1,730 price target, according to Finimize.

Analyst target shifts

The downgrade matters because the same note trimmed AlphaValue/Baader Europe's 2026 earnings per share forecast to EUR 45 from EUR 45.5 and its 2027 estimate to EUR 46.4 from EUR 48.9, also on September 12, 2026, according to Finimize. On Marketscreener, the average target price for Hermès International stands at EUR 1,848.91, with 22 analysts and a high target of EUR 2,150.00 as of September 14, 2026.

Trading around EUR 1,400

The stock traded at EUR 1,396.25 in a real-time Tradegate estimate on September 14, 2026, while Marketscreener showed a 5-day change of minus 0.52 percent and a year-to-date move of minus 33.92 percent. On comdirect, Hermès International was quoted at EUR 1,399.50 on Euronext Paris on September 11, 2026, with a day volume of EUR 119.78 million, a session low of EUR 1,395.00 and a 52-week range from EUR 1,395.00 to EUR 2,300.00.

Latest reported figures

Comdirect lists Hermès International's 2025 annual figures with revenue of EUR 16.00 billion, a gross margin of 42.34 percent and an equity ratio of 77.51 percent. The same source puts the valuation at a 2026e P/E of 31.5012, which shows how demanding the market still is toward the luxury group.

Stock and valuation

Hermes International stock was last priced at EUR 1,399.50 on Euronext Paris on September 11, 2026. The shares also changed hands below the 52-week high of EUR 2,300.00 and at the same level as the 52-week low of EUR 1,395.00, which leaves little room for a purely technical read.