Barclays sets EUR 60 target for Moncler stock ahead of results

Published on 10/01/2026 at 11:45 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

H1 revenue reached EUR 1.29 billion, up 9.00 percent at constant FX. Moncler stock faces a EUR 594 million third-quarter sales estimate for October 21, 2026.

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Barclays set a EUR 60.00 price target for Moncler stock on September 21, 2026, while retaining its Overweight rating, according to Teleborsa. The target frames the next test around Moncler's third-quarter sales update, scheduled for October 21, 2026.

Analysts see a softer quarter

Barclays expects third-quarter sales of EUR 594 million, down 1.00 percent at constant exchange rates, with Moncler brand sales at EUR 490 million, down 2.00 percent, and Stone Island sales at EUR 104 million, up 5.00 percent, Teleborsa reported. The contrast between the two brands puts the group mix at the center of the upcoming release.

Barclays also reduced its fiscal 2026 earnings-per-share forecast by 3.00 percent, reflecting a more cautious second-half view, according to Teleborsa. That revision matters because the third quarter represents a smaller seasonal share than the fourth quarter, which accounts for 40.00 percent of annual sales in the cited analysis.

First-half margins provide support

Moncler Group generated EUR 1.29 billion of revenue in the first half of 2026, an increase of 9.00 percent at constant exchange rates, while EBIT reached EUR 254 million at a 19.00 percent margin, according to the first-half earnings-call transcript published by Yahoo Finance. Net income was EUR 165 million with a 12.80 percent margin, giving the group a profitable base before the more demanding second half.

The same call showed different brand momentum: Moncler revenue increased 9.00 percent in the first half, while Stone Island rose 11.00 percent. In the second quarter, those growth rates slowed to 3.00 percent for Moncler and remained 11.00 percent for Stone Island, making the third-quarter split particularly important for the investment case.

Market value meets the earnings date

Moncler's market capitalization stood at EUR 12.0 billion on October 1, 2026, while its 52-week range was EUR 42.77 to EUR 59.40. The scheduled October 21, 2026 sales release gives investors a fixed point for comparing the EUR 594 million Barclays estimate with the reported result.