LVMH Moët Hennessy Louis Vuitton, FR0000121014

LVMH stock: JPMorgan cuts target to EUR 500.00 for LVMH stock

Published on 10/20/2026 at 15:49 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

LVMH posted EUR 57.1 billion for nine months on October 12, 2026. LVMH stock costs EUR 386.50 on October 20, 2026, 40.97 percent below its high.

Target and trading facts

JPMorgan cut its LVMH target to EUR 500.00 from EUR 525.00 on October 13, 2026.
LVMH reported EUR 57.1 billion in revenue for the first nine months of 2026 on October 12, 2026.
LVMH stock costs EUR 386.50 at Lang & Schwarz on October 20, 2026 at 3:36 p.m. CEST and sits 40.97 percent below its 52-week high.

Top-down flatlay of champagne cork, leather gloves, dress watch, perfume bottle and gold chain on black velvet — LVMH FR0000121014 Flatlay auf schwarzem Samt mit Champagnerkorken Lederhandschuhen Uhr Parfum und Goldkette, Illustration mit AI erstellt.

LVMH Moët Hennessy Louis Vuitton (ISIN FR0000121014) is carrying a JPMorgan price target of EUR 500.00, down from EUR 525.00. According to Markets Insider, the change was dated October 13, 2026, and JPMorgan kept a Neutral rating. The target lies 29.37 percent above the EUR 386.50 price. At Lang & Schwarz, the stock was trading at EUR 386.50 on October 20, 2026 at 3:36 p.m. CEST.

Revenue growth stays uneven

LVMH reported EUR 57.1 billion in revenue for the first nine months of 2026 on October 12, 2026. Organic revenue increased 2.00 percent, while reported revenue declined 2.00 percent from the first nine months of 2025. The split matters: Fashion and Leather Goods revenue fell 2.00 percent organically, while Watches and Jewelry rose 8.00 percent and Selective Retailing gained 6.00 percent.

The third quarter was more resilient than the headline group figure suggests. Organic revenue rose 1.00 percent in the quarter, with Fashion and Leather Goods down 5.00 percent and Selective Retailing up 8.00 percent.

Stock sits above its yearly low

The EUR 386.50 Lang & Schwarz price is 2.88 percent above the 52-week low of EUR 375.65 and 40.97 percent below the 52-week high of EUR 654.70. The market capitalization was EUR 190.9 billion, while the trailing price-to-earnings ratio was 17.62 on October 20, 2026.

Analyst targets remain divided

Berenberg maintained a Hold rating and a EUR 420.00 target on October 14, 2026. Markets Insider reported that the target accompanied the unchanged Hold rating. The Berenberg target stands 8.67 percent above the Lang & Schwarz price, leaving a narrower gap than JPMorgan's target.

What the numbers mean

LVMH combines a 2.00 percent organic revenue increase with a 2.00 percent reported decline for the first nine months of 2026. That contrast puts currency and portfolio changes alongside demand trends when investors assess the 17.62 price-to-earnings ratio.

Trading position

The stock was trading at EUR 386.50 at Lang & Schwarz on October 20, 2026 at 3:36 p.m. CEST. Its position 2.88 percent above the 52-week low leaves the analyst targets as the main valuation reference in this report. The further course of trading is shown by the continuously updated real-time quote of LVMH stock.