Danone, FR0000120644

Danone stock heads toward Q3 sales with 3.5 percent H1 growth

Published on 10/07/2026 at 14:28 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Danone stock approaches its October 28 sales update after Q2 sales reached EUR 7,215 million. Analysts see a EUR 78.93 average target across 22 estimates.

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 stock was trading at EUR 58.88 on Euronext Paris on October 7, 2026, with the share price 2.83 percent above its 52-week low of EUR 57.26. The company is heading toward its October 28 Q3 sales publication after H1 2026 like-for-like sales increased 3.5 percent, according to FT.com on October 1, 2026.

Q3 date anchors the outlook

Danone will publish Q3 2026 sales on October 28, 2026, at 7:30 a.m. CET, followed by an analyst call at 8:15 a.m. CET. The date gives investors a defined checkpoint for whether the second-quarter recovery is continuing.

Danone's FY 2026 guidance remains like-for-like sales growth of 3 percent to 5 percent, with recurring operating income growing faster than sales, FT.com reported from the October 1 aide-memoire. That range places the coming sales release at the center of the stock's near-term valuation debate.

Q2 growth improved across regions

Q2 2026 sales reached EUR 7,215 million and rose 4.2 percent like-for-like, with volume and mix contributing 1.9 percentage points and price contributing 2.3 points, according to FT.com. Q2 therefore accelerated from the 2.7 percent like-for-like growth reported for Q1 2026.

The regional mix was also uneven but positive: APAC grew 5.2 percent like-for-like in Q2, the Americas rose 4.3 percent and EMEA increased 3.6 percent, FT.com reported. Specialized Nutrition grew 4.5 percent, while Waters grew 4.7 percent in the quarter.

Analyst views remain divided around the growth and margin profile. Markets Insider reported on October 5, 2026, that Deutsche Bank kept a Hold rating and a EUR 59.00 price target, while its report cited a Moderate Buy consensus with a EUR 80.00 target.

Consensus target sits above EUR 78

The broader consensus is Buy among 22 analysts, with 13 Buy ratings, 7 Holds and 2 Sells. Investing.com lists an average 12-month target of EUR 78.93, a high of EUR 93.00 and a low of EUR 59.00, putting the average target 34.05 percent above the EUR 58.88 market price.

Stock remains near yearly low

Danone stock was last at EUR 58.88 on Euronext Paris at 2:13 p.m. CEST on October 7, 2026, up EUR 0.06 or 0.10 percent from the prior close. Its market capitalization was EUR 37.8 billion and trading volume was 353,938 shares at that time.