Macquarie sets JPY 3,900 target for Pigeon stock

Published on 10/20/2026 at 22:25 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Q2 fiscal 2026 revenue reached JPY 31.27 billion. Pigeon stock costs EUR 12.00 on October 20, 2026, while Tokyo last traded at JPY 2,131.50.

Analyst target and earnings

Macquarie set a JPY 3,900 target for Pigeon on October 16, 2026.
Pigeon reported JPY 31.27 billion revenue and JPY 2.91 billion net income for the second quarter of fiscal 2026.
Pigeon stock costs EUR 12.00 at Lang & Schwarz on October 20, 2026 at 10:24 p.m. CEST.
The next estimated earnings date is November 5, 2026.

Pigeon, JP3801600002, Illustration mit AI erstellt.

Pigeon Corporation (ISIN JP3801600002) has a new analyst reference point after Macquarie set a JPY 3,900 price target and a Buy rating on October 16, 2026, according to Investing.com. The target stands 83.00 percent above Pigeon's Tokyo price of JPY 2,131.50 on October 20, 2026. At 10:24 p.m. CEST, Pigeon stock was trading at EUR 12.00 at Lang & Schwarz.

Revenue provides the earnings anchor

Pigeon reported JPY 31.27 billion in revenue and JPY 2.91 billion in net income for the second quarter of fiscal 2026. Revenue was higher than the JPY 29.49 billion reported for the prior quarter, a difference of JPY 1.78 billion or 6.04 percent, according to Investing.com. The same source lists adjusted earnings per share of JPY 24.35 against a JPY 22.58 estimate for the period.

Tokyo valuation stays measurable

The Tokyo-listed shares last stood at JPY 2,131.50 at 3:30 p.m. JST on October 20, 2026. Pigeon's 52-week range was JPY 1,567.00 to JPY 2,197.50, placing the latest Tokyo price 3.00 percent below the high. The finance data also put the company at a market capitalization of JPY 254.6 billion and a trailing price-to-earnings ratio of 27.82.

What dates matter next?

Yahoo Finance lists November 5, 2026 as Pigeon's estimated next earnings date, while the company investor page identifies August 27, 2026 as the publication date for its second-quarter financial-results briefing. The November date is the next scheduled marker visible in the cited market calendar, and the August release remains the latest reported period used here.

Comparison with peers

Pigeon: down 1.41 percent in Tokyo, P/E 27.82, market capitalization JPY 254.6 billion.

Shiseido Company, Limited (Tokyo, JPY): up 1.95 percent, P/E minus 70.05, market capitalization JPY 1.4 trillion.

Kao Corporation (Tokyo, JPY): up 1.01 percent, P/E 25.46, market capitalization JPY 3.4 trillion.

Price and investor perspective

For investors, the main contrast is between the JPY 3,900 Macquarie target and the JPY 2,131.50 Tokyo quotation. Pigeon's reported second-quarter revenue of JPY 31.27 billion gives that valuation discussion a current operating measure.

Pigeon was trading at EUR 12.00 at Lang & Schwarz on October 20, 2026 at 10:24 p.m. CEST.

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