Hermès International stock falls 1.72 percent before October 22 sales update

Published on 10/07/2026 at 14:04 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Hermès International stock carried a market value of EUR 132.0 billion on October 7, 2026. First-half revenue reached EUR 8.163 billion before the October 22 sales update.

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Hermès International (ISIN FR0000052292) was last at EUR 1,260 on Euronext Paris on October 7, 2026, down 1.72 percent during the session. The next quantified checkpoint is the company's third-quarter sales update scheduled for October 22, 2026.

October 22 brings the next test

Hermès Finance lists the third-quarter 2026 sales presentation for October 22, 2026, at 8:00 a.m. CEST. The date matters because the group enters the release with first-half revenue of EUR 8.163 billion and 27,107 employees at the end of June 2026.

The first-half figure provides the operating baseline for the October update. It also gives the market a fresh periodized figure rather than relying on the fiscal year 2025 share data published on the company's investor page.

UBS cuts its target sharply

As Yahoo Finance reported on October 5, 2026, UBS downgraded Hermès from Neutral to Sell and reduced its 12-month price target from EUR 1,695 to EUR 1,168. The bank said the brand's growing scale could make demand more cyclical as scarcity becomes less powerful.

UBS also forecast 2027 earnings per share of EUR 43.98, 10.65 percent below its stated consensus of EUR 49.22. Its 2027 operating-margin forecast was 38.3 percent, 100 basis points below the prior year, while its third-quarter sales estimate was EUR 4.1 billion and 5 percent organic growth.

Stock sits near its yearly low

At EUR 1,260, Hermès stock stood at its finance-tool year low of EUR 1,255 and 45.22 percent below the 52-week high of EUR 2,300. The same October 7 quotation showed a session low of EUR 1,255, a high of EUR 1,278.50 and volume of 18,138 shares.

The price decline and the target cuts point to a narrower margin for valuation support ahead of the sales update. For investors, the key comparison is now between the EUR 8.163 billion first-half revenue base and the growth pace delivered in the third quarter.

Hermès stock trades near its low

Hermès International stock was last at EUR 1,260 on Euronext Paris at 1:48 p.m. CEST on October 7, 2026. Its market capitalization was EUR 132.0 billion on that date.