L'Oreal stock gains 1.32 percent as India deal advances
Published on 09/23/2026 at 11:39 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
L'Oreal S.A. (FR0000120321) closed at EUR 381.00 on Euronext Paris on September 21, 2026, gaining 1.32 percent. The immediate corporate catalyst is regulatory approval for its Indian expansion, as Economic Times reported on September 22, 2026.
India deal clears regulatory hurdle
The Competition Commission of India approved L'Oreal India's acquisition of 100 percent of Onesto Labs, the parent company of digital-first personal-care platform Innovist. The platform owns Bare Anatomy, Chemist at Play, SunScoop and Anecdote, according to Moneycontrol on September 23, 2026.
L'Oreal announced plans in June 2026 to acquire a majority stake in Innovist, while financial details were not disclosed. The quantified change is therefore ownership-related rather than a reported purchase price: the approved transaction covers the entire 100 percent shareholding in Onesto Labs, compared with the majority stake described when the deal was announced.
Profit growth supports the valuation
The latest reported period cited in current coverage is the first half of 2026. L'Oreal generated net income of EUR 3.656 billion through June, up 8.8 percent year over year, according to Europa Press on September 23, 2026.
Market data also show second-quarter fiscal 2026 revenue of EUR 11.62 billion and trailing revenue of EUR 45.35 billion as of September 21, 2026. The quarterly figure provides a period-specific comparison point, while the trailing figure covers a longer twelve-month measurement window rather than the latest quarter alone.
Jefferies lowers target to EUR 361
Valuation remains a counter-factor. Jefferies cut its price target for L'Oreal to EUR 361 from EUR 377 while keeping a hold rating, according to Interactive Investor on September 22, 2026. The revised target is EUR 20 below the September 21 closing price, a concrete gap that places the analyst view below the latest quoted level.
The stock also carried a market capitalization of EUR 204.1 billion as of September 22, 2026, according to current market data. Separate coverage reported that L'Oreal's value reached about EUR 203 billion and exceeded LVMH's approximately EUR 201 billion, making L'Oreal France's most valuable listed company at that point.
L'Oreal stock closes at EUR 381.00
L'Oreal stock closed at EUR 381.00 on Euronext Paris on September 21, 2026, up 1.32 percent from the prior close. The combination of 8.8 percent first-half net-income growth and the approved 100 percent Onesto Labs acquisition gives the market two measurable operating reference points, while Jefferies' EUR 361 target supplies a lower valuation benchmark.
L'Oreal stock data
- Company: L'Oreal S.A.
- ISIN: FR0000120321
- Ticker: OR
- Trading venue: Euronext Paris
- Price as of September 21, 2026: EUR 381.00
- Market capitalization: EUR 204.1 billion as of September 22, 2026
- Sector / Industry: Consumer Staples / Personal Care Products
- Index membership: CAC 40
