HSBC and CIC cut Hermès targets: Hermès International stock gains 1.24 percent
Published on 10/15/2026 at 10:57 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSAnalyst targets and upcoming dates
- HSBC and CIC revised their targets on October 6, 2026.
- First-half revenue reached EUR 8.16 billion in 2026.
- Hermès International stock trades at EUR 1,309.00 at 10:46 a.m. CEST at Lang & Schwarz on October 15, 2026, 1.24 percent above the Xetra close of October 14, 2026.
- Third-quarter revenue is scheduled for October 22, 2026.
Hermès International (ISIN FR0000052292) was trading at EUR 1,309.00 at Lang & Schwarz on October 15, 2026 at 10:46 a.m. CEST, up 1.24 percent versus the Xetra close of October 14, 2026 at EUR 1,293.00. The latest analyst revisions came on October 6, 2026, when HSBC cut its target from EUR 1,550 to EUR 1,460 and CIC Market Solutions reduced its target from EUR 2,000 to EUR 1,700, according to ideal-investisseur.fr.
Three dates frame the reset
The recent sequence began on July 29, 2026, when Hermès reported first-half revenue of EUR 8.16 billion, an increase of 6.00 percent at constant exchange rates, according to Chronopin. On October 5, 2026, UBS downgraded the stock from Neutral to Sell and cut its target from EUR 1,695 to EUR 1,168, as reported by Yahoo Finance. The October 6 revisions from HSBC and CIC were the third dated step in that sequence.
What does the target cut imply?
The analyst debate centers on growth quality rather than the latest reported sales. UBS projected 2027 organic sales growth of 5.00 percent and an operating margin of 38.30 percent, down 100 basis points from the prior year, while also forecasting third-quarter sales of EUR 4.10 billion, according to Yahoo Finance. That forecast contrasts with the 41.00 percent recurring operating margin reported for the first half, giving the October 22 update a clear test of whether scale benefits are holding.
Upcoming reporting dates
Hermès Finance lists third-quarter 2026 revenue for October 22, 2026 at 8:00 a.m. CEST and annual 2026 results for February 12, 2027 at 8:00 a.m. CEST, according to Hermès Finance. The October release should provide the next quantified check on revenue momentum and the margin debate.
Stock remains above its yearly low
Hermès International has a market capitalization of EUR 137.2 billion as of October 15, 2026. Its 52-week range is EUR 1,252.50 to EUR 2,276.00, placing the current Lang & Schwarz quote EUR 56.50 above the low.
The stock was trading at EUR 1,309.00 at Lang & Schwarz on October 15, 2026 at 10:46 a.m. CEST, 1.24 percent above the Xetra close of October 14, 2026 at EUR 1,293.00. The further course of trading is shown by the continuously updated real-time quote of Hermès International stock.
Hermès International stock facts
- Company: Hermès International Société en commandite par actions
- ISIN: FR0000052292
- Price Lang & Schwarz (as of October 15, 2026, 10:46 a.m. CEST): EUR 1,309.00
- Change versus Xetra close: plus 1.24 percent
- Xetra close (October 14, 2026): EUR 1,293.00
- Market capitalization: EUR 137.2 billion (as of October 15, 2026)
- 52-week range: EUR 1,252.50-2,276.00 (as of October 15, 2026)
- Sector / Industry: Consumer Cyclical / Luxury Goods
Market context: Market report CAC 40.
