UBS raises target for Nestle stock from CHF 80 to CHF 81

Published on 10/05/2026 at 11:53 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

First-half organic growth reached 3.60 percent on July 23, 2026. Nestle stock costs EUR 80.44 on October 5, 2026 after EUR 80.36.

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Nestle (ISIN CH0038863350) was trading at EUR 80.44 at Lang & Schwarz on October 5, 2026 at 11:46 a.m. CEST, up 0.10 percent from the EUR 80.36 prior close. According to FinanzNachrichten on September 28, 2026, UBS raised its target from CHF 80.00 to CHF 81.00 while keeping a Neutral rating.

UBS sees modest volume improvement

UBS analyst Guillaume Delmas expects real internal growth, or RIG, to improve slightly in the third quarter of 2026, according to the same September 28 note. The report links that view partly to a warm European summer, while the October 22 sales release will provide the next operating test.

The target change is limited to CHF 1.00, which places the analyst view close to the SIX market quotation. That narrow revision contrasts with the larger operating task: Nestle must convert pricing-led growth into stronger volumes while protecting margins.

Half-year growth meets a profit setback

TickerGuard reported on September 29, 2026 that Nestle generated CHF 43.1 billion of sales in the first half of 2026, down 2.50 percent from the first half of 2025. Organic growth still reached 3.60 percent, supported by pricing of 2.10 percent and RIG of 1.50 percent.

The earnings picture was weaker. First-half 2026 net profit fell 31.40 percent to CHF 3.5 billion, while free cash flow rose to CHF 3.4 billion from CHF 2.3 billion in the first half of 2025. The combination gives investors two opposing signals: cash conversion improved, but reported profitability remained under pressure.

October sales date sets the next test

Nestle's investor calendar lists October 22, 2026 for nine-month sales and February 18, 2027 for full-year results, according to the company's investor page. The October release should show whether RIG can move closer to management's medium-term goal of at least 2.00 percent.

For the Swiss-listed food group, the key comparison is therefore clear: 3.60 percent organic growth in the first half of 2026 versus a 2.50 percent reported-sales decline. Currency effects and portfolio changes explain part of that gap, but volume quality remains central to the recovery story.

Stock holds near CHF 75 on SIX

The primary share traded at CHF 74.70 on the SIX Swiss Exchange on October 5, 2026 at 11:37 a.m. CEST. Its 52-week range was CHF 70.29 to CHF 87.09, and market capitalization stood at CHF 192.1 billion.

Lang & Schwarz showed Nestle at EUR 80.44 in trading on October 5, 2026 at 11:46 a.m. CEST, plus 0.10 percent versus the Lang & Schwarz prior close of EUR 80.36 on October 2, 2026. The further course of trading is shown by the continuously updated real-time quote of Nestle stock.