Procter & Gamble stock heads into October earnings

Published on 10/04/2026 at 18:45 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Procter & Gamble stock enters October with FY 2026 net sales of USD 87.032 billion. A 23-firm consensus rates the shares Moderate Buy with a USD 161.55 target.

Extremes Makrofoto von irisierenden Seifenblasen und weißem Waschmittelschaum mit Regenbogenreflexen — Procter Kernkompetenz Reinigung US7427181091 in extremer Makro Aufnahme von schillernden irisierenden Seifenschaum Blasen, Illustration mit AI erstellt.

Procter & Gamble (ISIN US7427181091) was last at USD 144.91 on the NYSE on October 2, 2026, up 0.67 percent from the prior close. The company is heading toward its first-quarter fiscal 2027 results discussion on October 22, a date confirmed by P&G.

Fiscal 2026 sets the base

For fiscal year 2026, net sales reached USD 87.032 billion, compared with USD 84.284 billion in fiscal year 2025. That represents a 3.3 percent increase and gives the upcoming quarterly report a higher revenue base to defend.

Net income attributable to common shareholders rose to USD 16.046 billion from USD 15.974 billion, while diluted EPS increased to USD 6.62 from USD 6.51. Operating margin was 23 percent in fiscal year 2026, compared with 24 percent a year earlier, making profitability a central measure for the next update.

Analysts see measured upside

A consensus compiled by MarketBeat rates Procter & Gamble Moderate Buy, based on 13 Buy ratings and 10 Holds from 23 research firms. The average 12-month price target is USD 161.55, which lies 11.5 percent above the October 2 price of USD 144.91.

The latest individual call in the cited coverage came from TD Cowen, which reiterated Hold and a USD 150.00 target in a note dated October 2, 2026, according to MarketBeat. The gap between the consensus target and the latest individual target highlights the market's range of views on growth and valuation.

October report is the next test

The October 22 event will cover the first quarter of fiscal 2027 and begins at 8:30 a.m. ET. Investors will have three operating markers to track: sales growth, the 23 percent fiscal 2026 operating margin, and whether earnings can build on the USD 6.62 full-year diluted EPS base.

Stock stays below yearly high

Procter & Gamble was last at USD 144.91 on the NYSE on October 2, 2026, with volume of 6,219,527 shares. The 52-week range was USD 137.62 to USD 167.25, while market capitalization stood at USD 344.5 billion.