Erste cuts Nestle earnings forecast for Nestle stock to USD 5.41

Published on 10/15/2026 at 11:14 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Erste Group cut full-year 2026 earnings per share to USD 5.41 from USD 5.48, below USD 5.49 consensus. Nestle stock costs EUR 85.54 on October 15, 2026.

Forecast pressure before sales update

Erste Group cut its full-year 2026 earnings forecast on October 8, 2026, to USD 5.41 from USD 5.48.
Nine-month sales reached CHF 82.8 billion on October 13, 2026, up 6.1 percent year over year.
Nestle stock trades at EUR 85.54 at 11:08 a.m. CEST at Lang & Schwarz on October 15, 2026.
Nestle will publish its nine-month sales figures on October 22, 2026.

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Nestle (ISIN CH0038863350) is entering its next sales update after Erste Group cut its full-year 2026 earnings forecast to USD 5.41 from USD 5.48. MarketBeat reported on October 13, 2026 that the estimate followed an October 8 research note and stood below the USD 5.49 consensus forecast.

Nine-month sales set the next test

Nestle's latest operating update showed total sales of CHF 82.8 billion for the first nine months of 2026, up 6.1 percent from the comparable period. Food and Beverages sales reached CHF 77.0 billion, an increase of 5.7 percent, according to the October 13, 2026 summary from Quartr.

The sales growth gives investors a concrete counterweight to the lower earnings estimate. It also leaves the October update as the next test of whether volume, pricing and product mix can support profitability.

What comes next for revenue growth?

The chronology runs from CHF 43.3 billion of revenue in the first half of 2026, down 2.5 percent year over year, to CHF 82.8 billion in nine-month sales, up 6.1 percent. Nestle also reported CHF 3.47 billion of first-half net income, down 32 percent from the first half of 2025, in the results context summarized by Simply Wall St on October 14, 2026.

Dates investors can track

Nestle will publish its 2026 nine-month sales on October 22, 2026, followed by its 2026 full-year results on February 18, 2027. The investor calendar also identifies the October 1 to October 21, 2026 quiet period before the sales publication.

Price and valuation context

Nestle's Swiss quote stood at CHF 79.73 at 10:58 a.m. CEST on October 15, 2026. Its 52-week range was CHF 70.29 to CHF 87.09, while market capitalization stood at CHF 205.1 billion on the same date.

Nestle stock was trading at EUR 85.54 at Lang & Schwarz on October 15, 2026 at 11:08 a.m. CEST. The further course of trading is shown by the continuously updated real-time quote of Nestle stock.