TD Cowen cuts target for Kering stock to EUR 235.00

Published on 10/13/2026 at 14:52 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Revenue was EUR 7.22 billion in first half, up 1.00 percent. Kering stock is EUR 207.90 on October 13, 2026, down 2.44 percent versus Xetra close October 12.

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.

TD Cowen lowered its Kering target from EUR 280.00 to EUR 235.00 on October 13, 2026, according to Ideal Investisseur. That target stands 13.04 percent above the EUR 207.90 price at Lang & Schwarz on October 13, 2026 at 2:42 p.m. CEST.

Revenue reached EUR 7.22 billion

Kering reported EUR 7.22 billion in revenue for the first half of 2026, up 1.00 percent from the comparable period. Net income fell 60.00 percent to EUR 189.0 million in the same period, while Gucci revenue declined 5.00 percent on a comparable basis, according to Kering.

Stock stays near its yearly low

The Lang & Schwarz price of EUR 207.90 stood 2.31 percent above the 52-week low of EUR 203.20 and 41.32 percent below the 52-week high of EUR 354.20 on October 13, 2026. The one-day comparison uses the Xetra close of October 12, 2026 at EUR 213.10, putting the euro price 2.44 percent lower.

Kering's market capitalization was EUR 25.4 billion on October 13, 2026. The price-to-earnings ratio was minus 119.97, while the trailing dividend yield was 0.02 percent.

Results arrive on October 22

Kering's finance calendar lists third-quarter 2026 sales for October 22, 2026, a date also reported by Investing.com. The upcoming release will put Gucci demand and the wider luxury market on the next calendar marker.

Comparison with peers

Kering: minus 2.44 percent, price-to-earnings ratio minus 119.97, market capitalization EUR 25.4 billion
LVMH (Euronext Paris, EUR): minus 1.29 percent, price-to-earnings ratio 17.30, market capitalization EUR 187.2 billion
Hermes (Euronext Paris, EUR): minus 3.05 percent, price-to-earnings ratio 29.43, market capitalization EUR 133.0 billion

Euro price remains below analyst target

Kering was trading at EUR 207.90 at Lang & Schwarz on October 13, 2026 at 2:42 p.m. CEST, down 2.44 percent versus the Xetra close of October 12, 2026 at EUR 213.10. The next material reference point is the October 22 sales release, while TD Cowen's EUR 235.00 target remains 13.04 percent above the current euro price. The further course of trading is shown by the continuously updated real-time quote of Kering stock.