Nestle stock: JPMorgan raises its target for Nestle stock to CHF 100.00

Published on 10/20/2026 at 15:10 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Nestle's nine-month sales are due October 22, 2026. Nestle stock costs EUR 89.95 on October 20, 2026 at 3:04 p.m. CEST, with sales due October 22.

Analyst target and reporting date

JPMorgan raised its Nestle target to CHF 100.00 from CHF 90.00 on October 16, 2026.
Nestle will publish nine-month sales on October 22, 2026.
Nestle stock costs EUR 89.95 at Lang & Schwarz on October 20, 2026 at 3:04 p.m. CEST.

Lebensmitteltechnikerin prüft Schokoladenmasse in Produktionsanlage, Schwarzweiß — Nestlé S.A. CH0038863350 – Lebensmitteltechnikerin prüft fließende Schokoladenmasse im Werk, dokumentarischer SW-Reportagestil, Illustration mit AI erstellt.

Nestle (ISIN CH0038863350) drew a higher target from JPMorgan on October 16, 2026, when the bank lifted its view to CHF 100.00 from CHF 90.00 and upgraded the stock from Neutral to Overweight, Yahoo Finance reported. Nestle stock was trading at EUR 89.95 at Lang & Schwarz on October 20, 2026 at 3:04 p.m. CEST.

JPMorgan targets CHF 100.00

JPMorgan analyst Celine Pannuti linked the higher target to an expected improvement in Nestle's medium-term growth profile. The report cited a 4.20 percent like-for-like sales-growth forecast for fiscal year 2027 and an underlying trading operating profit margin above 17.00 percent, while the bank also projected CHF 3.00 billion in savings by 2028, according to Yahoo Finance.

What does CHF 100.00 imply?

Against the SIX price of CHF 83.27 on October 20, 2026 at 2:53 p.m. CEST, the target is 20.09 percent above the share price. Nestle's 52-week range was CHF 70.29 to CHF 87.09, while its price-to-earnings ratio stood at 28.82 on the same date. The market capitalization was CHF 214.2 billion.

October 22 brings sales data

Nestle's investor calendar lists nine-month sales for October 22, 2026, followed by full-year 2026 results on February 18, 2027, according to Nestle. The company reported its 2026 half-year results on July 23, 2026, making the October sales release the next scheduled update for investors.

Bernstein maintained a Neutral view with a CHF 74.00 target on September 30, 2026, according to MarketScreener. That target is 11.15 percent below the SIX price of CHF 83.27, setting a wider range of published analyst views than the JPMorgan target.

Nestle keeps a wide target range

For investors, the October 22 sales release will provide the next operating checkpoint, while the current analyst targets span CHF 74.00 to CHF 100.00. The price position remains below the upper end of the 52-week range and above its lower end.

Market position

At Lang & Schwarz, Nestle was trading at EUR 89.95 on October 20, 2026 at 3:04 p.m. CEST. At SIX, the stock was last at CHF 83.27 on October 20, 2026 at 2:53 p.m. CEST.