Jefferies maintains EUR 67 target for Inditex stock

Published on 10/06/2026 at 09:51 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Sales grew 7.60 percent to EUR 19.80 billion in 1H2026. Inditex stock costs EUR 53.50 on October 6, 2026 versus EUR 53.25, plus 0.47 percent.

Börsensaal Madrid IBEX35 mit Händlern und grünen Kursdiagrammen — Inditex S.A. Aktie ISIN ES0148396007 auf dem IBEX35 Handelsparkett Madrid mit steigenden Einzelhandelskursen, Illustration mit AI erstellt.

Jefferies maintained its Buy rating and EUR 67.00 price target for Inditex, according to finanzen.ch on October 5, 2026, citing an original study dated October 4. Inditex stock was trading at EUR 53.50 at Lang & Schwarz on October 6, 2026 at 9:42 a.m. CEST, plus 0.47 percent versus the prior close of EUR 53.25. The unchanged target keeps the analyst view anchored above the German euro quote, while the latest operating figures provide the more important test.

First-half sales set the benchmark

Inditex reported sales of EUR 19.80 billion for the first half of 2026, up 7.60 percent from the same period in 2025, according to its official results release dated September 9, 2026. Sales in constant currency increased 9.20 percent, showing that reported growth was accompanied by stronger underlying momentum.

The same report put net income at EUR 3.00 billion for the first half of 2026, an increase of 6.80 percent year over year. Gross margin reached 58.70 percent, 40 basis points above the first half of 2025, while free cash flow rose to EUR 2.30 billion from EUR 1.17 billion.

Margin and cash flow matter next

Inditex also reported EUR 10.40 billion of net financial cash at July 31, 2026, up 4.00 percent from EUR 10.01 billion a year earlier. That balance gives the group room to fund store upgrades, logistics and digital projects while preserving financial flexibility.

The operating picture is not uniformly cost-free. Operating expenses increased 8.30 percent in the first half of 2026, and the company said inventory was 9.30 percent higher at July 31, 2026. For the full year, management expects a stable gross margin within a 50-basis-point range and ordinary capital expenditure of EUR 2.30 billion, both stated in the September 9 release.

Stock stays below the yearly high

Inditex was valued at EUR 151.20 billion on October 6, 2026, while the 52-week range stood at EUR 35.12 to EUR 56.84. The EUR 53.50 Lang & Schwarz price therefore remains below the upper end of that range, and the 0.47 percent daily move calls for a neutral description rather than a directional claim. TechGraph identifies Inditex as ITX on Bolsa de Madrid and classifies it in apparel retail.

The further course of trading is shown by the continuously updated real-time quote of Inditex stock.