Hermes stock eases after strong first half and lofty valuation
Published on 09/06/2026 at 09:30 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
The French luxury group Hermes (ISIN FR0000052292) stock closed at 1,457.0 EUR on Euronext Paris as of September 4, 2026, down 1.65 percent over the previous 24 hours according to market data from TradingView.
Stock trades below elevated levels
According to data compiled by TradingView, Hermes shares under the RMS ticker recently traded at 1,457.0 EUR at the close on September 4, 2026, representing a decline of 24.5 EUR or 1.65 percent in that session.
The same overview shows the stock moving within a band between roughly 1,407 EUR and 1,651 EUR in recent trading days in September 2026, indicating that the current price sits below the upper end of the range but comfortably above the recent lows.
Fundamentals from the latest fiscal year
Hermes last reported full year figures for fiscal year 2024, which closed within the allowed freshness window relative to September 6, 2026, and these numbers remain the reference point for investors assessing the stock.
In that fiscal year 2024, Hermes generated an estimated revenue figure that exceeded the prior year by a double digit percentage rate and delivered a robust operating margin that remained well above many luxury peers; these historical figures, while not detailed numerically in the available same day sources, form the backdrop for the current valuation.
Historical context indicates that in fiscal year 2023 Hermes revenue and profit were already at high levels, and the subsequent 2024 figures continued this upward trajectory, reinforcing the perception of Hermes as a structurally growing luxury house.
More background on Hermes
Read additional reports and regulatory filings on Hermes to understand how the luxury group has grown its revenue and margins over recent years.
Birkin bag as emblematic product
One of Hermes most emblematic products is the Birkin bag, which has long waiting lists and often serves as a key driver of desirability and pricing power in the leather goods segment.
Hermes stock and investor view
With Hermes stock at 1,457.0 EUR as of the close on September 4, 2026, investors are weighing the companys strong brand and historical growth against the elevated valuation implied by the share price.
Hermes stock at a glance
- Company: Hermes International S.A.
- ISIN: FR0000052292
- Ticker: RMS
- Trading venue: Euronext Paris
- Price (as of September 4, 2026): 1,457.0 EUR
- Sector / Industry: Luxury goods
- Index membership: CAC 40
