Danone, FR0000120644

Morgan Stanley cuts target for Danone stock from EUR 83 to EUR 80

Published on 10/14/2026 at 13:55 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

First-half 2026 sales rose 3.50 percent like-for-like. Danone stock is EUR 59.44 on October 14, 2026, 1.19 percent above Xetra's EUR 58.74 close.

Analyst targets move lower

On October 5, CIC Market Solutions cut its target to EUR 77.00 and Morgan Stanley to EUR 80.00.
Danone reported 3.50 percent like-for-like first-half growth in 2026.
Danone stock trades at EUR 59.44 at 1:47 p.m. CEST at Lang & Schwarz on October 14, 2026, 1.19 percent above the Xetra close of October 13, 2026.

Redaktionsfoto des Euronext-Paris-Handelssaals mit CAC-40-Kursanzeigen und Tradern — Der Euronext-Paris-Handelssaal mit CAC-40-Charts illustriert das Börsenumfeld für Danone S.A. Aktie FR0000120644, Illustration mit AI erstellt.

Danone (ISIN FR0000120644) stock was trading at EUR 59.44 at Lang & Schwarz on October 14, 2026, at 1:47 p.m. CEST, up 1.19 percent versus the Xetra close of EUR 58.74 on October 13, 2026. The latest analyst revision is dated October 5: Morgan Stanley cut its target from EUR 83.00 to EUR 80.00, while CIC Market Solutions reduced its target from EUR 79.00 to EUR 77.00, according to Ideal Investisseur.

Three milestones shape the setup

Danone reported first-half 2026 like-for-like sales growth of 3.50 percent on July 29, 2026, with volume and mix contributing 1.70 percent and price 1.80 percent. The company then completed its Huel acquisition on September 4, 2026, and included the business in its financial statements from September 1, 2026.

On September 21, 2026, Danone announced a triple-tranche bond offering totaling EUR 1.5 billion. The figures and transaction dates are included in Danone's Q3 sales aide-memoire published through FT.com.

What will decide the October 28 update?

UBS expects third-quarter 2026 like-for-like sales growth of 3.80 percent, including a 3.00 percent pricing effect and 0.70 percent volume and mix growth. The bank also expects reported sales of EUR 7.19 billion, according to Finimize. That split makes consumer demand the key test for Danone's plan to grow recurring operating income faster than sales.

Dates and stock context

Danone is scheduled to publish third-quarter 2026 sales on October 28, 2026. Its shareholders' meeting is scheduled for April 29, 2027, according to the company's Danone investor-relations calendar.

Stock advances above Xetra close

Danone stock was trading at EUR 59.44 at Lang & Schwarz on October 14, 2026, at 1:47 p.m. CEST, 1.19 percent above the Xetra close of EUR 58.74 on October 13, 2026. The finance quote places Danone's market capitalization at EUR 38.0 billion and its 52-week range at EUR 57.30 to EUR 79.90 as of October 14, 2026. The further course of trading is shown by the continuously updated real-time quote of Danone stock.