Philips stock trades near its yearly low as Q2 profit rises

Published on 10/05/2026 at 16:33 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Philips stock was at EUR 21.19 on October 5, near its EUR 20.90 52-week low. Q2 net income rose 59 percent to EUR 384.0 million as guidance held.

Architektur-Render eines modernen verglasten Bürohochhauses mit Grünanlage davor — Koninklijke Philips N.V. (NL0000009538) visualisiert modernes Glashochhaus als Architektur-Render mit Grünanlage und spiegelnder Fassade, Illustration mit AI erstellt.

Philips stock (ISIN NL0000009538) was at EUR 21.19 on Euronext Amsterdam on October 5, 2026, placing the shares 1.39 percent above the 52-week low of EUR 20.90. The latest earnings picture combines higher profit with a margin boost linked partly to a US tariff refund.

Q2 profit rose 59 percent

For Q2 2026, Philips reported revenue of EUR 4.36 billion and net income of EUR 384.0 million, up 59 percent from EUR 242.0 million in Q2 2025, according to Simply Wall St on July 28, 2026. Finance data for the same quarter show operating profit of EUR 609.0 million and operating cash flow of EUR 376.0 million.

Adjusted EBITA margin reached 16.4 percent on 4 percent comparable sales growth. The margin included EUR 186 million from the US tariff refund, a one-off benefit that makes the headline profit improvement stronger than the underlying operating trend, as De Belegger reported on September 23, 2026.

Guidance still depends on execution

Philips kept its 2026 comparable sales growth outlook at 3 percent to 4.5 percent. The company also raised its adjusted EBITA margin outlook to 13.5 percent to 14.0 percent and its free cash flow outlook to EUR 1.5 billion to EUR 1.7 billion after the tariff refund, according to Simply Wall St on July 30, 2026.

The counter-factor is order timing. Comparable order intake fell 1 percent in Q2 as several large North American orders moved into Q3, while the tariff refund contributed 4.2 percentage points to the reported adjusted EBITA margin, according to De Belegger on September 25, 2026.

Analysts see room above EUR 21.19

MarketScreener listed an Outperform consensus from 20 analysts on September 9, 2026, with an average target of EUR 26.90 and a last close of EUR 21.60. Using the October 5 price of EUR 21.19, that average target lies 26.9 percent above the current share price, according to MarketScreener.

A separate report on October 1 said Deutsche Bank maintained a Hold rating and a EUR 24.00 price target. That target lies 13.3 percent above the October 5 price, according to Business Insider.

Philips stock stays near yearly low

Philips stock was at EUR 21.19 on Euronext Amsterdam at 9:51 a.m. CEST on October 5, 2026, down EUR 0.08 or 0.38 percent. The market capitalization was EUR 20.7 billion, the day range was EUR 21.12 to EUR 21.24, and volume was 67,580 shares.