Lotus Bakeries stock gets Jefferies Buy call as Biscoff grows

Published on 09/28/2026 at 15:41 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Lotus Bakeries stock is valued at EUR 12,520.00 on September 28, 2026, with a 52-week high of EUR 13,200.00. First-half revenue reached EUR 749.1 million as Biscoff growth topped 20 percent.

Industrielle Keksfabrik mit Förderband voller karamellisierter runder Kekse — Fotorealistische Produktionshalle zeigt Lotus Bakeries NV BE0003604155 bei der Herstellung karamellisierter Kekse auf Förderbändern, Illustration mit AI erstellt.

Lotus Bakeries (ISIN BE0003604155) was trading at EUR 12,520.00 on Euronext Brussels on September 28, 2026, at 3:23 p.m. CEST, up 0.64 percent from the prior close of EUR 12,440.00. The latest investment case centers on Biscoff expansion after Investing.com reported on September 21, 2026 that Jefferies initiated coverage with a Buy rating and a EUR 15,000.00 price target.

Jefferies sets EUR 15,000.00 target

The Jefferies target lies 19.81 percent above the September 28, 2026 price. Its research view was tied to Biscoff revenue growth exceeding 20 percent in the first half of 2026, compared with a 15 percent compound annual growth rate over the preceding decade, according to Investing.com.

The same analysis said Biscoff represented 59 percent of Lotus Bakeries revenue and that US household penetration had doubled to 10 percent in three years. The company is also pursuing a capacity expansion program exceeding EUR 500 million, while its partnership with Mondelez extends the brand into additional markets, including India and Brazil.

First-half revenue reaches EUR 749.1 million

Lotus Bakeries generated EUR 749.1 million of revenue in the first half of 2026, an increase of 14 percent from the comparable period, while net profit reached EUR 98.1 million, up 23.5 percent, according to a September 4, 2026 analysis by Oakridge Capital. Lotus Bakeries listed its half-year results for the period ended June 30, 2026, in its press-release archive dated August 7, 2026.

That growth matters because the stock already carries a demanding market valuation. The September 28, 2026 market capitalization was EUR 10.2 billion, while the 56-share volume showed limited trading activity at the quoted intraday snapshot.

Stock stays below EUR 13,200.00 high

Lotus Bakeries was trading between EUR 12,500.00 and EUR 12,600.00 during the September 28, 2026 session. The price remained below the 52-week high of EUR 13,200.00 and above the 52-week low of EUR 7,270.00, leaving Biscoff execution and valuation as the two central reference points for the shares.