Redburn upgrades Moncler stock from Neutral to Buy

Published on 10/05/2026 at 14:37 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Revenue reached EUR 1.29 billion in the second quarter, up 4.88 percent year over year. Moncler stock costs EUR 43.72 after EUR 43.89 on October 5, 2026.

Isometrisches 3D-Diagramm der Produktionsschritte von Stoffrolle bis Boutique — Moncler S.p.A. (IT0004965148) visualisiert isometrisch die Wertschöpfungskette der Daunenjacken-Produktion bis zum Verkauf, Illustration mit AI erstellt.

Moncler (ISIN IT0004965148) was trading at EUR 43.72 at Lang & Schwarz on October 5, 2026 at 2:33 p.m. CEST, down 0.39 percent versus the EUR 43.89 prior close. On September 23, 2026, Rothschild & Co Redburn upgraded Moncler from Neutral to Buy, as Fintel reported.

Analyst support meets a counterweight

The upgrade changes the tone of the latest broker signals, but the valuation debate remains wide. Investing.com listed 25 analysts in its September 2026 consensus, with 15 Buy ratings, 10 Holds and 0 Sells, while the average 12-month target stood at EUR 59.18.

That average target is EUR 15.46 above the Lang & Schwarz price, equivalent to 35.36 percent above EUR 43.72 when both values are measured in euros. The wider target range runs from EUR 48.30 to EUR 70.00, giving investors a concrete measure of how differently analysts value the luxury group.

Second-quarter revenue sets the base

Moncler's operating picture offers a stronger anchor than the rating change alone. For the quarter ending June 30, 2026, revenue reached EUR 1.29 billion and net profit was EUR 164.71 million, according to Markets Insider.

The same report put the year-earlier comparison at EUR 1.23 billion of revenue and EUR 153.46 million of net profit. Revenue therefore increased 4.88 percent year over year, while net profit rose 7.33 percent, showing that the latest reported quarter still delivered growth despite the cautious luxury backdrop.

Stock stays below its yearly high

Moncler carried a market capitalization of EUR 11.9 billion on October 5, 2026. Its 52-week range was EUR 42.77 to EUR 59.40 on the same date, placing the Lang & Schwarz price 26.40 percent below the upper end and only EUR 0.95 above the lower end.

The next scheduled company milestone is October 21, 2026, when Moncler lists board approval of its interim management statement at September 30, 2026, on its investor-relations page. That date gives the market a defined test for whether the second-quarter growth rate can carry into the next reporting period.

Valuation faces a dated test

MarketScreener identifies Moncler as MONC on Borsa Italiana and assigns it to Apparel and Accessories, while the company's September analyst activity has centered on the balance between seasonal demand and valuation. The immediate setup combines a Buy upgrade, a 4.88 percent revenue increase in the second quarter and a share price close to its yearly low, leaving October 21 as the next quantified checkpoint.

Moncler was last trading at EUR 43.72 at Lang & Schwarz on October 5, 2026 at 2:33 p.m. CEST, down 0.39 percent versus the EUR 43.89 prior close. The further course of trading is shown by the continuously updated real-time quote of Moncler stock.