Pandora stock reports 3 percent Q2 growth as shares trade at DKK 838.60

Published on 09/28/2026 at 16:12 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Pandora stock has a DKK 830 Morgan Stanley target after a DKK 800 prior target on September 25, 2026. Q2 organic growth reached 3 percent, with like-for-like growth at 1 percent.

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Pandora (ISIN DK0060252690) was trading at DKK 838.60 on Nasdaq Copenhagen on September 28, 2026, at 4:09 p.m. CEST, up DKK 2.40 or 0.29 percent from the prior close. The jewelry group entered the session with a stronger operating profile after reporting 3 percent organic growth for Q2 2026.

Q2 growth reached 3 percent

According to Pandora on August 12, 2026, like-for-like growth contributed 1 percent, while network expansion and other factors contributed 2 percent. The company also upgraded its 2026 guidance with the Q2 update.

The regional split explains why the headline growth rate matters. Pandora reported North American like-for-like sales down 1 percent, while Asia-Pacific grew 10 percent and Latin America expanded 18 percent in Q2 2026, according to Pandora.

Target moved from DKK 800

As Placera.se reported on September 25, 2026, Morgan Stanley raised its Pandora price target to DKK 830 from DKK 800 and reiterated an equal-weight rating. The revised target sits below the September 28 intraday price, making the operating update and regional mix more important than a simple target-price catalyst.

Pandora's market capitalization stood at DKK 62.7 billion on September 28, 2026. The 52-week range was DKK 430.00 to DKK 904.40, placing the intraday price 7.28 percent below the high and 94.88 percent above the low.

Q3 results are scheduled for November

Pandora's next scheduled earnings release is November 3, 2026, according to MarketScreener. That date gives investors a defined checkpoint for testing whether the 3 percent Q2 organic growth rate can translate into sustained sales momentum.

Pandora stock trades below its yearly high

Pandora stock was last at DKK 838.60 on Nasdaq Copenhagen on September 28, 2026, at 4:09 p.m. CEST. The session range was DKK 832.80 to DKK 852.00, with 41,406 shares traded.