Beiersdorf, DE0005200000

Goldman cut Beiersdorf target to EUR 73.00: Beiersdorf stock sits 28.69 percent below its high

Published on 10/09/2026 at 11:28 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

First-half revenue fell 4.50 percent to EUR 4.95 billion. Beiersdorf stock costs EUR 78.58 on October 9, 2026 after EUR 77.84, plus 0.95 percent.

Key points in brief

Goldman Sachs cut its Beiersdorf target from EUR 82.00 to EUR 73.00 on October 6, 2026.
First-half 2026 revenue fell 4.50 percent to EUR 4.95 billion, while net income reached EUR 551.0 million.
Beiersdorf was trading at EUR 78.58 at Lang & Schwarz on October 9, 2026 at 11:21 a.m. CEST, plus 0.95 percent versus EUR 77.84.
The stock's EUR 110.20 52-week high leaves it 28.69 percent above the Lang & Schwarz price.

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Beiersdorf (ISIN DE0005200000) faced a EUR 73.00 Goldman Sachs target on October 6, 2026, down from EUR 82.00 after the bank cut its rating from Neutral to Sell, Investing.com reported. The move puts brand recovery and competitive pressure at the center of the Beiersdorf discussion.

Three events reset the stock story

On August 3, 2026, Beiersdorf listed first-half results and an 18-month Nivea turnaround plan. On August 6, 2026, Simply Wall St reported first-half revenue of EUR 4.95 billion, down 4.50 percent year over year, and net income of EUR 551.0 million. On October 6, 2026, Goldman Sachs cut its target to EUR 73.00, making the analyst action the latest dated company-specific event in this sequence.

What does the reset mean for sales?

The first-half numbers show the tension behind the rating change: revenue declined 4.50 percent, while earnings per share rose to EUR 2.52 from EUR 2.47 in the first half of 2025, according to Simply Wall St. That combination gives investors a measurable contrast: profit per share improved even as the top line contracted.

Goldman Sachs said the Nivea portfolio reset could take longer while competition increases, Investing.com reported on October 6, 2026. The EUR 73.00 target is 7.10 percent below the Lang & Schwarz price, so the bank's concern is visible in both its rating and valuation.

Third-quarter date sets the next test

Beiersdorf is scheduled to report third-quarter 2026 results on October 27, 2026, according to Simply Wall St. The release will show whether the Nivea reset can narrow the revenue decline without eroding the earnings improvement seen in the first half.

Stock remains below its yearly high

Beiersdorf was trading at EUR 78.58 at Lang & Schwarz on October 9, 2026 at 11:21 a.m. CEST, up EUR 0.74 or 0.95 percent versus the Lang & Schwarz prior close of EUR 77.84 on October 8, 2026. The price stands 28.69 percent below the 52-week high of EUR 110.20 and above the 52-week low of EUR 67.08, both as of October 9, 2026. The further course of trading is shown by the continuously updated real-time quote of Beiersdorf stock.