UBS cuts target for Huhtamaki stock from EUR 36.00 to EUR 34.00

Published on 10/08/2026 at 13:03 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Second-quarter revenue reached EUR 1.01 billion. Huhtamaki stock costs EUR 26.37 on October 8, 2026 versus EUR 26.44, a minus 0.26 percent change.

Bauhaus-Poster mit geometrischen Becherformen und Text PACKAGING, Huhtamäki Oyj — Geometrisches Bauhaus-Poster mit stilisierten Bechern und Kartons symbolisiert das Kerngeschäft von Huhtamäki Oyj (FI0009000459), Illustration mit AI erstellt.

Huhtamaki (FI0009000459) was at EUR 26.37 at Lang & Schwarz on October 8, 2026 at 1:00 p.m. CEST, minus 0.26 percent versus the EUR 26.44 prior close. According to Affarsvarlden on October 6, 2026, UBS cut its Huhtamaki price target from EUR 36.00 to EUR 34.00 while reiterating a Buy rating.

UBS target remains above the price

The revised target is still EUR 7.63 above the Lang & Schwarz price, equivalent to 22.94 percent upside from the reference price. The target reduction adds a more cautious valuation signal, but the retained Buy rating shows that UBS still sees a gap between the market quotation and its assessment.

Affarsvarlden also listed Deutsche Bank, Jefferies and SEB target changes dated October 1, 2026. Their targets were EUR 30.50, EUR 32.25 and EUR 33.00, respectively, giving the analyst updates a range above the current euro quotation.

Second-quarter revenue rose sequentially

Huhtamaki generated EUR 1.01 billion of revenue in the second quarter of 2026, compared with EUR 946.80 million in the first quarter, an increase of 6.60 percent. Operating profit fell to EUR 74.20 million from EUR 83.20 million, while diluted earnings per share declined to EUR 0.43 from EUR 0.47.

The figures point to a mixed operating picture: sales improved sequentially, but operating profit decreased by EUR 9.00 million and diluted earnings per share fell by EUR 0.04. Cash from operating activities reached EUR 50.00 million in the second quarter, according to the current financial-period data.

Next report arrives October 29

Huhtamaki's next interim report is scheduled for October 29, 2026, according to Affarsvarlden. That date gives investors the next formal checkpoint for revenue, profitability and the company's packaging-market outlook.

Huhtamaki is listed on Nasdaq Helsinki under ticker HUH1V and operates in the Materials sector. The group supplies foodservice, food-on-the-shelf and everyday packaging solutions, with sustainability, recyclability and fiber-based products central to its investor presentation.

Huhtamaki stock stays below target

At EUR 26.37, Huhtamaki stock stood below UBS's EUR 34.00 target and below the other October analyst targets cited by Affarsvarlden. The next material reference point is the October 29 report, where the sequential revenue gain will be tested against operating profit and cash generation.

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