Jefferies keeps EUR 25.00 target for Philips stock

Published on 10/05/2026 at 12:21 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Revenue reached EUR 4.36 billion in the second quarter, up 4.00 percent comparable. Philips stock costs EUR 21.21 on October 5, 2026 versus EUR 21.29.

Börsen-Editorial mit AEX-Kurstafeln und Händlern auf geschäftigem Handelsparkett — Koninklijke Philips N.V. (NL0000009538) illustriert Börsen-Editorial mit AEX-Kurstafeln und Händlern auf geschäftigem Amsterdamer Handelsparkett, Illustration mit AI erstellt.

Philips stock was trading at EUR 21.21 at Lang & Schwarz on October 5, 2026 at 12:15 p.m. CEST, down 0.38 percent versus the prior close of EUR 21.29. According to FinanzNachrichten on September 28, 2026, Jefferies kept its Hold rating and EUR 25.00 price target for Philips.

Second-quarter margin needs scrutiny

Philips reported EUR 4.36 billion of revenue in the second quarter of 2026, representing 4.00 percent comparable growth. Adjusted EBITA reached EUR 717 million, equal to an adjusted EBITA margin of 16.40 percent, according to deBelegger on September 23, 2026.

The same report identified a EUR 186 million US tariff refund as a material contributor to the quarter's margin. That comparison matters because the reported 16.40 percent margin includes a one-time benefit, while Philips is guiding to an adjusted EBITA margin of 13.50 percent to 14.00 percent for fiscal year 2026.

November results will test demand

Philips lists its second-quarter 2026 results as a July 28 publication on its investor relations page. The next scheduled reporting date is November 3, 2026, when the company is due to publish third-quarter results.

Jefferies expects 3.00 percent operational sales growth in the third quarter, according to FinanzNachrichten. That forecast sits near the lower end of Philips' full-year comparable-sales outlook, making order conversion and margin quality the key questions for the next report.

Philips stock stays below target

Philips is listed on Euronext Amsterdam under PHIA, with ISIN NL0000009538, according to Global Banking and Finance. The Lang & Schwarz price of EUR 21.21 stands EUR 3.79 below Jefferies' EUR 25.00 target, a gap that keeps the analyst view relevant while the market weighs the tariff benefit against underlying demand.

Trading reference for October 5

Philips stock was trading at EUR 21.21 at Lang & Schwarz on October 5, 2026 at 12:15 p.m. CEST, down 0.38 percent versus the prior close of EUR 21.29 on October 2, 2026. The further course of trading is shown by the continuously updated real-time quote of Philips stock.