Hermes stock ends the day lower after Bernstein cuts targets

At the close on September 21, 2026, Hermes stock closed lower on Euronext Paris after Bernstein cut its price target and growth forecasts. The shares finished at 1,331.50 euros, while the CAC 40 rose during the session and analysts still pointed to upside.

Hermes International stock finished the day lower on September 21, 2026, with the U.S.-listed shares not trading on a major U.S. venue and the home listing on Euronext Paris closing at 1,331.50 euros, down 0.19 percent. The move followed a target cut from Bernstein, which trimmed its view to 1,750 euros from 2,150 euros.

Target cuts weighed on the session

Hermes International (ISIN FR0000052292) lost ground after ad hoc news reported that Bernstein cut its target and growth forecasts on September 21, 2026. The shares were last quoted at 1,319.50 euros around 11:00 a.m. ET, down 1.4 percent, while the CAC 40 was up 0.9 percent at the time.

On the same day, MarketScreener showed the stock at 1,344.00 euros after the close in Paris, with a listed last closing price of 1,331.50 euros and a post-close move of 0.94 percent. That left the shares below the prior close even as the broader French market held firm.

Bernstein cut stays in focus

Bernstein's reduction in the target to 1,750 euros remained the main after-hours talking point for the stock. Ideal Investisseur also reported that other target changes kept the focus on valuation rather than on a company release.