JPMorgan cuts target for Dunelm stock to GBp 1,050

Published on 10/13/2026 at 03:49 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Fiscal 2026 sales rose 3.10 percent to GBP 1.825 billion. For Dunelm stock, free cash flow reached GBP 154.8 million versus GBP 127.4 million.

Key points in brief

JPMorgan cut Dunelm's target from GBp 1,225 to GBp 1,050 on September 9, 2026.
Fiscal 2026 sales rose 3.10 percent to GBP 1.825 billion, while profit before tax held at GBP 211.0 million.
The last Lang & Schwarz price was EUR 9.60 on October 12, 2026; the next trading statement is scheduled for October 15, 2026.

Editorialfoto eines Börsenparketts mit Bildschirmen für Einzelhandelssektor-Indizes — Dunelm Group plc GB0033745292 wird editoriell auf einem Börsenparkett mit Einzelhandelssektor-Charts abgebildet, Illustration mit AI erstellt.

Dunelm (ISIN GB00B1CKQ739) had its JPMorgan price target cut from GBp 1,225 to GBp 1,050 on September 9, 2026, while the bank kept its Buy rating, MarketWatch reported. The reduction puts the new target 30.70 percent above the LSE price of GBp 803.50 on October 12, 2026.

Three dates, three market signals

On February 10, 2026, Dunelm's first-half results showed revenue of GBP 926.3 million, up 3.60 percent from the prior-year period, according to Simply Wall St. On September 8, 2026, the retailer reported fiscal 2026 sales of GBP 1,825.5 million, compared with GBP 1,771.0 million in fiscal 2025, Insight DIY reported.

The September 9 target revision was the latest of the three dated signals. Its 14.29 percent reduction contrasts with Dunelm's operating progress, but the target still implies a 30.70 percent premium to the LSE price cited above.

What does the target cut change?

The numbers show why valuation remains central. Fiscal 2026 profit before tax was GBP 211.0 million, unchanged from fiscal 2025, while diluted earnings per share stayed at GBp 76.80, according to Insight DIY.

Cash generation was stronger: free cash flow reached GBP 154.8 million in fiscal 2026, up from GBP 127.4 million in fiscal 2025. The same report put net debt at GBP 94.6 million, down from GBP 102.0 million, giving the growth plan a more substantial funding base.

Next dates for Dunelm

Alliance News lists Dunelm's next trading statement for October 15, 2026. The ex-dividend date is October 22, 2026, with the annual ordinary dividend at GBp 45.50 per share for fiscal 2026, according to Simply Wall St.

Last euro price before October 13

The last Lang & Schwarz price was EUR 9.60 on October 12, 2026 at 11:00 p.m. CEST. On the London Stock Exchange, Dunelm was last quoted at GBp 803.50 on October 12, 2026 at 4:36 p.m. BST, with a 52-week range of GBp 707.00 to GBp 1,174.00. The further course of trading is shown by the continuously updated real-time quote of Dunelm stock.