Goldman Sachs started coverage for Brunello Cucinelli stock at Hold with EUR 93.00 target

Published on 10/08/2026 at 11:16 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Revenue rose 9.50 percent to EUR 749.40 million in first-half 2026. Brunello Cucinelli stock costs EUR 80.13 on October 8, 2026 after EUR 80.65.

Aquarellbild einer mittelalterlichen Hügelstadt in der italienischen Landschaft mit Zypressen — Aquarellmalerei einer umbrischen Hügelstadt visualisiert Brunello Cucinelli S.p.A., notiert mit ISIN IT0004764699, sanfte künstlerische Landschaftsdarstellung, Illustration mit AI erstellt.

Brunello Cucinelli (ISIN IT0004764699) was trading at EUR 80.13 at Lang & Schwarz on October 8, 2026 at 11:09 a.m. CEST, minus 0.64 percent versus the EUR 80.65 prior close. Goldman Sachs started coverage on October 5, 2026 with a Hold rating and a EUR 93.00 price target, according to Markets Insider.

Goldman sets a EUR 93.00 target

The Goldman Sachs initiation adds a fresh valuation reference to Brunello Cucinelli after a strong first half. The EUR 93.00 target is 16.08 percent above the Lang & Schwarz price of EUR 80.13, calculated in the same currency.

The external view is more constructive in aggregate: the Markets Insider report puts the analyst consensus at Moderate Buy with an average target of EUR 96.67. The target range therefore leaves the shares below both the Goldman Sachs target and the reported consensus average.

First-half revenue reaches EUR 749.40 million

In first-half 2026, revenue rose 9.50 percent at current exchange rates to EUR 749.40 million, while revenue growth at constant exchange rates reached 13.30 percent, according to the Yahoo Finance transcript dated July 30, 2026. EBIT increased 12.60 percent to EUR 128.20 million, lifting the operating margin to 17.10 percent from 16.60 percent.

Management also raised its full-year 2026 revenue growth guidance to 10.00-11.00 percent at constant exchange rates from an initial 10.00 percent. Retail revenue grew 19.30 percent at constant exchange rates in the first half, compared with wholesale growth of 2.70 percent.

Stock stays below its yearly high

The share price remains well below the EUR 102.40 52-week high and above the EUR 69.02 low reported by Markets Insider on October 5, 2026. At EUR 80.13, the stock was 21.75 percent below the high, leaving the analyst targets as a valuation comparison rather than a price move explanation.

Brunello Cucinelli's next scheduled revenue update is October 15, 2026, when the board is due to approve figures for the nine months ended September 30, according to the company's investor relations page. That date gives the market a defined checkpoint for testing whether the raised growth outlook is continuing into the second half.

EUR 80.13 remains the reference price

At Lang & Schwarz, Brunello Cucinelli was trading at EUR 80.13 on October 8, 2026 at 11:09 a.m. CEST, minus 0.64 percent versus the EUR 80.65 prior close dated October 7, 2026. The further course of trading is shown by the continuously updated real-time quote of Brunello Cucinelli stock.