Morgan Stanley rates Lotus Bakeries stock Equal Weight

Published on 10/13/2026 at 09:58 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

First-half 2026 revenue rose 14.00 percent to EUR 749.09 million. Lotus Bakeries stock stands at EUR 12,300.00 on October 13, 2026 versus EUR 12,380.00.

Key points in brief

Morgan Stanley initiated coverage on October 9, 2026 with an Equal Weight rating for Lotus Bakeries.
First-half 2026 revenue rose 14.00 percent to EUR 749.09 million.
Lotus Bakeries was trading at EUR 12,300.00 at Lang & Schwarz on October 13, 2026, down 0.65 percent versus the Xetra close of October 12, 2026.
The company is expanding Biscoff capacity through a EUR 500.00 million program running from 2026 to 2030.

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 (BE0003604155) was trading at EUR 12,300.00 at Lang & Schwarz on October 13, 2026 at 9:47 a.m. CEST, down 0.65 percent versus the Xetra close of October 12, 2026 at EUR 12,380.00. The latest analyst event came on October 9, 2026, when Morgan Stanley initiated coverage with an Equal Weight rating and a EUR 12.90 price target, as Markets Insider reported.

Three events set the growth case

On May 12, 2026, Lotus Bakeries outlined at least EUR 500.00 million of Biscoff capacity investment through 2030 in its company results and presentations page. On August 7, 2026, first-half revenue reached EUR 749.09 million, up 14.00 percent from EUR 657.33 million in the first half of 2025, while net income rose to EUR 98.10 million, according to Simply Wall St. On October 9, 2026, Morgan Stanley set its Equal Weight view and EUR 12.90 target, as Markets Insider reported.

What does expansion mean for margins?

The capacity plan gives the growth narrative a measurable test. First-half 2026 operating margin was 17.40 percent, while the company is adding facilities in Belgium, Thailand and the United States, according to Simply Wall St. The key investor question is whether additional volume can offset the depreciation and overhead created by the larger production footprint.

Next date and market scale

The next estimated earnings date is November 11, 2026, according to Stock Analysis. Lotus Bakeries had a market capitalization of EUR 10.0 billion and a 52-week range of EUR 7,270.00 to EUR 13,200.00 as of October 13, 2026. The current quote is 6.82 percent below the 52-week high, calculated from the Lang & Schwarz price and the finance quote range.

Stock remains below its yearly high

Lotus Bakeries was trading at EUR 12,300.00 at Lang & Schwarz on October 13, 2026 at 9:47 a.m. CEST, down 0.65 percent versus the Xetra close of October 12, 2026 at EUR 12,380.00. The further course of trading is shown by the continuously updated real-time quote of Lotus Bakeries stock.