TD Cowen cuts target for Kering stock from EUR 280 to EUR 235

Published on 10/15/2026 at 10:02 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Kering stock costs EUR 216.55 on October 15, 2026. First-half revenue reached EUR 7.22 billion, while net income was EUR 189 million.

Target revision and earnings pressure

TD Cowen lowered its Kering target from EUR 280 to EUR 235 on October 13, 2026.
First-half 2026 revenue reached EUR 7.22 billion, while net income was EUR 189 million.
Kering stock traded at EUR 216.55 at 10:00 a.m. CEST at Lang & Schwarz on October 15, 2026.
Gucci revenue fell 5.00 percent on a comparable basis in the first half of 2026.

Pop-Art-Comic-Illustration einer Frau mit Handtasche vor einem Boutique-Schaufenster — Farbenfrohe Pop-Art-Comicszene einer Modeboutique verkörpert kreativ die Markenwelt von Kering S.A. FR0000121485, Illustration mit AI erstellt.

Kering (ISIN FR0000121485) was trading at EUR 216.55 at Lang & Schwarz on October 15, 2026 at 10:00 a.m. CEST. On October 13, 2026, TD Cowen cut its price target for Kering from EUR 280 to EUR 235 while maintaining a Hold rating, according to Markets Insider.

Target cut meets weak earnings

The revised target remains above the Lang & Schwarz price, but the gap reflects a cautious view of Kering's earnings recovery rather than a new company forecast. TD Cowen cited continued weakness in China as an overhang for the shares, according to Markets Insider.

Kering's first-half 2026 revenue was EUR 7.22 billion and net income was EUR 189 million. The figures were reported in coverage of the results published on July 28, 2026 by Ideal Investisseur.

What does EUR 235 imply?

The target revision leaves Kering with a more demanding recovery test ahead of its next sales update. In the first half of 2026, Gucci revenue fell 5.00 percent on a comparable basis, while Kering Jewelry revenue rose 20.00 percent on the same basis, according to Ideal Investisseur. The contrast puts brand-level execution at the center of the recovery case.

Stock holds above EUR 216

Kering's finance calendar identifies the first-half 2026 results as published on July 28, 2026, while the company also presented its strategic plan at its April 16, 2026 Capital Markets Day. The latest analyst action therefore adds a valuation test to an operating picture defined by uneven brand performance.

Kering stock was trading at EUR 216.55 at Lang & Schwarz on October 15, 2026 at 10:00 a.m. CEST. The further course of trading is shown by the continuously updated real-time quote of Kering stock.