Pernod Ricard, FR0000120693

Pernod Ricard stock faces a 3.9 percent sales decline

Published on 10/04/2026 at 12:39 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Deutsche Bank lifted its target from EUR 61 to EUR 63 on October 1, 2026. Pernod Ricard stock last traded at EUR 58.62 on October 2, before Q1 sales on October 15.

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Pernod Ricard stock (ISIN FR0000120693) was last at EUR 58.62 on Euronext Paris on October 2, 2026 at 5:35 p.m. CEST, after FY26 organic sales fell 3.9 percent. The next test is the company’s Q1 FY27 sales update scheduled for October 15, 2026.

FY26 sales fell 3.9 percent

Pernod Ricard reported consolidated sales of EUR 9.404 billion for FY26, with organic sales down 3.9 percent and reported sales down 14.2 percent. The figures show the gap between the group’s underlying trading performance and the additional effect of currency and portfolio factors.

The company’s FY26 free cash flow was EUR 1.197 billion, while net income reached EUR 1.203 billion, according to the FY26 results summarized in the Ideal Investisseur. Management also described FY27 organic revenue as broadly stable, keeping the recovery question central for the coming quarters.

Analysts split on the recovery

Deutsche Bank raised its Pernod Ricard price target from EUR 61 to EUR 63 on October 1, 2026, while retaining a Hold rating, as Boerse Express reported. The same report said Jefferies maintained a Buy rating and a EUR 90 target, creating a clear divide between cautious near-term estimates and a longer-term recovery case.

MarketScreener lists an OUTPERFORM consensus from 20 analysts and an average target price of EUR 81.76. That target sits well above the October 2 reference price, but the spread of views reflects the uncertainty around demand in the United States and China.

October brings the next checkpoint

The company’s investor calendar lists Q1 FY27 sales for October 15, 2026, the annual general meeting for November 20, 2026, and H1 FY27 sales and results for February 18, 2027. For investors, the October sales release is the first fresh operating checkpoint after the FY26 decline.

Stock stays near its yearly low

Pernod Ricard stock stood at EUR 58.62 on October 2, 2026, with a 52-week range of EUR 57.98 to EUR 90.34 and market capitalization of EUR 14.8 billion. The price was 0.64 percent below the previous session’s EUR 59.00 reference value.