Goldman Sachs raises target for Demant stock to DKK 380

Published on 10/08/2026 at 11:06 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Goldman Sachs keeps a Buy rating on October 8, 2026. Demant stock costs EUR 42.92 on October 8, 2026 versus EUR 43.04.

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Demant stock (ISIN DK0060738599) was trading at EUR 42.92 at Lang & Schwarz on October 8, 2026 at 11:01 a.m. CEST, down 0.28 percent versus the prior close of EUR 43.04. On October 8, 2026, Goldman Sachs raised its Demant target from DKK 330.00 to DKK 380.00 and repeated its Buy rating, as reported by Borskollen.

Target rises to DKK 380

The new target is 18.46 percent above the Nasdaq Copenhagen price of DKK 320.80 recorded at 11:00 a.m. CEST on October 8, 2026. That comparison uses DKK prices on the primary exchange and is separate from the euro quotation at Lang & Schwarz.

The target move adds a fresh valuation marker after Demant's first-half performance. Goldman Sachs' unchanged Buy stance also keeps the analyst view constructive, while the target level sits above the average price target of DKK 306.26 reported in recent market coverage.

First-half growth supports outlook

Demant reported 15.00 percent revenue growth in the first half of 2026, including 10.00 percent acquisitive growth, according to the company's earnings call transcript published by Yahoo Finance. EBIT before special items reached DKK 2.134 billion, equal to a 16.50 percent margin, while reported special items totaled DKK 216.00 million and were predominantly related to KIND.

Management raised its 2026 outlook to 6.00-7.00 percent organic revenue growth and DKK 4.4 billion-DKK 4.8 billion in EBIT before special items. Operating cash flow reached DKK 1.6 billion in the first half of 2026, up 6.00 percent from the same period of 2025, according to Yahoo Finance.

Stock stays below yearly high

Demant was last at DKK 320.80 on Nasdaq Copenhagen on October 8, 2026 at 11:00 a.m. CEST. Its 52-week range was DKK 175.00 to DKK 326.60, placing the primary-exchange price 1.78 percent below the high, while market capitalization stood at DKK 67.7 billion on the same date.

The company is listed on Nasdaq Copenhagen under ticker DEMANT.CO and operates in health care, with hearing devices, hearing care, diagnostics and related technologies forming its core activities, according to Global Banking and Finance. The combination of upgraded earnings guidance and a higher analyst target gives the stock a concrete valuation reference, while competitive launches remain a factor in the outlook.

Euro price remains below prior close

At Lang & Schwarz, Demant was trading at EUR 42.92 on October 8, 2026 at 11:01 a.m. CEST, minus 0.28 percent versus the prior close of EUR 43.04 on October 7, 2026. The further course of trading is shown by the continuously updated real-time quote of Demant stock.