Danone, FR0000120644

Danone reaffirms 2026 outlook and Danone stock sits 26.57 percent below its high

Published on 10/07/2026 at 09:42 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Second-quarter like-for-like sales growth reached 4.20 percent. Danone stock costs EUR 58.85 on October 7, 2026 after EUR 58.77 in trading.

Fotorealistisches Luftbild eines modernen Milchwerks in grüner Landschaft — Danone S.A. Milchverarbeitungswerk FR0000120644 in europäischer Agrarlandschaft mit großen Silos und grünen Feldern, Illustration mit AI erstellt.

Danone (ISIN FR0000120644) stock was at EUR 58.85 at Lang & Schwarz on October 7, 2026, 26.57 percent below the 52-week high of EUR 80.14. On October 1, Boursorama reported that Danone kept its fiscal 2026 outlook unchanged, targeting 3.00 percent to 5.00 percent like-for-like sales growth while recurring operating income grows faster than sales.

Second-quarter growth accelerated

Danone's like-for-like sales growth reached 4.20 percent in the second quarter of 2026, up from 2.70 percent in the first quarter. The comparison points to a 1.50 percentage-point acceleration within the first half of 2026.

According to FT.com on October 1, Danone reported first-half 2026 like-for-like sales growth of 3.50 percent, with volume and mix contributing 1.70 percent and pricing contributing 1.80 percent.

Pricing supports the outlook

Second-quarter sales stood at EUR 7.215 billion, with 2.30 percent from price and 1.90 percent from volume and mix. The regional picture was uneven: Asia Pacific grew 5.20 percent like for like, while Europe delivered 0.60 percent growth.

Danone's fiscal 2026 target therefore depends on extending the second-quarter acceleration while keeping volume and mix positive. China beverage brand Mizone is expected to weigh on third-quarter performance, while targeted price increases remain part of the group's plan.

Analyst targets stay above the price

Investing.com lists UBS as maintaining a Buy rating and a EUR 93.00 target on October 5, 2026. The same overview shows Deutsche Bank maintaining Hold with a EUR 59.00 target on October 2, 2026, illustrating the wide range of views around Danone's near-term valuation.

The average 12-month target from 22 analysts was EUR 78.93 in the same overview, while the published 52-week range ran from EUR 57.26 to EUR 80.14. The next scheduled company update is third-quarter sales on October 28, 2026.

Stock remains below EUR 80.14

Danone stock was trading at EUR 58.85 at Lang & Schwarz on October 7, 2026 at 9:36 a.m. CEST, plus 0.14 percent versus the prior close of EUR 58.77 on October 6, 2026. The further course of trading is shown by the continuously updated real-time quote of Danone stock.