Evercore raises target for Procter & Gamble stock to USD 166.00

Published on 10/09/2026 at 16:35 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Fiscal 2026 sales rose 3.00 percent to USD 87.0 billion. Procter & Gamble stock costs EUR 134.87 on October 9, 2026 after EUR 134.18.

Key points in brief

Evercore ISI upgraded Procter & Gamble to Outperform and raised its target from USD 161.00 to USD 166.00 on October 6, 2026.
Fiscal 2026 net sales rose 3.00 percent to USD 87.0 billion, while operating cash flow reached USD 19.6 billion.
The Lang & Schwarz quote was EUR 134.87 on October 9, 2026, up 0.51 percent versus the EUR 134.18 prior close.
P&G's annual meeting is scheduled for October 13, 2026, followed by first-quarter results on October 22, 2026.

Geometrisches Bauhaus-Poster mit Kreisen, Dreiecken und Schriftzug Consumer Goods — Bauhaus-Poster mit geometrischen Formen symbolisiert Konsumgüterbranche der The Procter & Gamble Company, ISIN US7427181091, Illustration mit AI erstellt.

Evercore ISI upgraded Procter & Gamble to Outperform from In Line and raised its price target from USD 161.00 to USD 166.00 on October 6, 2026, according to Seeking Alpha. The Lang & Schwarz quote was EUR 134.87 on October 9, 2026 at 4:31 p.m. CEST, up 0.51 percent versus the EUR 134.18 prior close.

Evercore sees USD 166 target

The target increase from USD 161.00 to USD 166.00 equals 3.11 percent in the same currency. CNBC reported that Evercore cited improving US execution, stabilizing category volumes and progress from the new organization.

The same CNBC report said US category volumes gained 40 basis points sequentially versus the June quarter. It also counted 11 of 27 analysts at Buy or Strong Buy, while 15 held a Hold rating, showing that Evercore's view remains more constructive than the broader analyst mix.

Three dated signals shape the setup

On July 29, 2026, Procter & Gamble reported USD 21.20 billion of revenue for the quarter ended June 30, 2026, up 1.50 percent from USD 20.89 billion in the prior-year quarter, according to finanzen.ch. Earnings per share were USD 1.26, compared with USD 1.48 a year earlier.

On September 10, 2026, Chief Financial Officer Andre Schulten was scheduled to speak at the Barclays Global Consumer Staples Conference at 8:15 a.m. ET, according to Business Wire. On October 6, 2026, Evercore's target move supplied the latest dated analyst signal.

What are the next dates?

Business Wire said P&G's virtual annual meeting will take place on October 13, 2026, at 9:00 a.m. ET, with access beginning at 8:45 a.m. ET. The company's first-quarter 2026/27 earnings discussion is scheduled for October 22, 2026, at 8:30 a.m. ET, according to Business Wire.

The near-term test is whether the September-quarter update can support the valuation case behind the USD 166.00 target. Fiscal 2026 net sales were USD 87.0 billion, up 3.00 percent, and operating cash flow was USD 19.6 billion, according to Procter & Gamble's investor-relations page.

Stock trades higher in euro terms

On the NYSE, PG was last at USD 150.93 at 10:34 a.m. ET on October 9, 2026. Its market capitalization was USD 358.8 billion, while the 52-week range was USD 137.62 to USD 167.25 on the same date. The euro quote and the US listing are separate currency references.

At Lang & Schwarz, Procter & Gamble stock was trading at EUR 134.87 on October 9, 2026 at 4:31 p.m. CEST, up 0.51 percent versus the Lang & Schwarz prior close of EUR 134.18 on October 8, 2026. The further course of trading is shown by the continuously updated real-time quote of Procter & Gamble stock.