Kepler keeps CHF 95,000 target for Lindt & Sprüngli stock

Published on 10/06/2026 at 14:59 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Lindt & Sprüngli cuts 2026 growth guidance to 0-2% from 4-6%. Lindt & Sprüngli stock costs EUR 84,000.00 on October 6, 2026 versus EUR 83,600.00.

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Kepler Cheuvreux maintained a Buy rating and a CHF 95,000 target for Lindt & Sprüngli stock on October 5, 2026, according to Investing.com. The latest analyst view follows Lindt & Sprüngli's September 29 cut to its 2026 organic sales growth outlook.

Sales guidance falls to 0-2%

According to finanzen.net, the group lowered its full-year 2026 organic sales growth guidance to 0-2% from 4-6% on September 29, 2026. Lindt & Sprüngli kept its 2026 EBIT margin target for an improvement of 20-40 basis points versus the prior year.

The revision links the weaker outlook to price-sensitive consumers and lower-than-expected orders in Germany, Switzerland and Austria, particularly in seasonal businesses. The company also cited an unprecedented heatwave in Europe, while North America and Asia delivered stronger performance.

First-half figures show the pressure

In the first half of 2026, organic sales grew 4.30% to CHF 2.33 billion, compared with 11.20% organic growth in the first half of 2025, Swiss-Press reported on September 23, 2026. EBIT reached CHF 260.2 million, up from CHF 259.2 million in the prior-year period, and the EBIT margin improved to 11.20% from 11.00%.

The regional split explains why the guidance cut matters. Europe posted a 2.10% organic sales decline in the first half of 2026, while North America grew 12.70% and the rest of the world expanded 10.20%.

Analyst target meets a lower outlook

Investing.com lists 16 analysts in its current consensus, with an average 12-month target of CHF 97,593.10 and a Neutral consensus. Kepler Cheuvreux's CHF 95,000 target is below that average, while JPMorgan's CHF 73,000 target and Goldman Sachs's CHF 81,000 target show the range of views recorded on October 2 and September 30, 2026.

For investors, the key tension is visible in the operating figures: price increases helped defend the first-half EBIT margin, but the 7.50% volume and mix decline shows the demand cost of higher prices. Management is still targeting 6-8% organic sales growth and annual EBIT margin improvement of 20-40 basis points from 2028.

EUR 84,000.00 in trading

Lindt & Sprüngli stock was trading at EUR 84,000.00 at Lang & Schwarz on October 6, 2026, at 2:49 p.m. CEST, up 0.48% versus the prior close of EUR 83,600.00 on October 5, 2026. The primary SIX Swiss Exchange quote was CHF 78,300.00 at 2:26 p.m. CEST on October 6, 2026, within a 52-week range of CHF 77,500.00 to CHF 132,000.00.

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