HSBC raises target to DKK 890 for Pandora stock

Published on 10/18/2026 at 13:29 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

HSBC lifted its target to DKK 890 from DKK 880 on October 14, 2026. Pandora stock reports 3.00 percent organic growth in Q2 2026.

Targets, growth and trading date

HSBC raised its Pandora target to DKK 890 from DKK 880 on October 14, 2026.
Pandora delivered 3.00 percent organic growth in the second quarter of 2026.
Pandora stock last stood at EUR 112.30 at Lang & Schwarz on October 16, 2026.

Aquarellmalerei der Kopenhagener Hafenpromenade mit bunten Häusern und Booten — Pandora A/S (DK0060252690) hat ihren Hauptsitz in Kopenhagen, Aquarellbild zeigt malerische Hafenfront der dänischen Hauptstadt, Illustration mit AI erstellt.

Pandora stock (ISIN DK0060252690) had its target raised to DKK 890 from DKK 880 by HSBC on October 14, 2026, according to MarketScreener. HSBC reiterated its Hold rating, making the revised target the clearest recent analyst signal for the jewelry group.

HSBC target stays cautious

The DKK 890 target was only DKK 43 above Pandora's DKK 847 closing price on Nasdaq Copenhagen on October 16, 2026. The comparison points to a limited valuation gap even after the target increase.

Three dated signals for Pandora

On August 12, 2026, Pandora reported 3.00 percent organic growth in the second quarter of 2026. On August 20, 2026, the company disclosed that Parvus European Opportunities Master Fund held 4.96 percent of its share capital. On October 14, 2026, HSBC raised its target to DKK 890 from DKK 880 while keeping Hold, as reported by MarketScreener.

What does the growth mean?

Pandora's second-quarter organic growth of 3.00 percent consisted of 1.00 percent like-for-like growth and 2.00 percent from network expansion and other factors. The company said North America delivered minus 1.00 percent like-for-like growth, while Asia-Pacific reached 10.00 percent and Latin America 18.00 percent, according to Pandora. These regional differences explain why the target increase does not amount to an unqualified bullish signal.

Next reporting date is November 4

Investing.com lists November 4, 2026, as Pandora's next earnings date. The upcoming report will give investors a fresh test of the 3.00 percent organic-growth trajectory and the company's regional sales balance.

Trading date sets the reference

Pandora's last available Xetra-linked euro price was EUR 112.30 at Lang & Schwarz on October 16, 2026 at 10:59 p.m. CEST. On Nasdaq Copenhagen, Pandora closed at DKK 847.00 on October 16, 2026, with a market capitalization of DKK 63.4 billion and a 52-week range of DKK 430.00 to DKK 904.40.

The further course of trading is shown by the continuously updated real-time quote of Pandora stock.