Pandora raises 2026 growth guidance. Pandora stock falls 2.40 percent

Published on 10/01/2026 at 14:02 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Organic growth reached 3.00 percent in the second quarter. Pandora stock costs EUR 107.98 on October 1, 2026 versus its EUR 110.63 prior close.

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Pandora (ISIN DK0060252690) was trading at EUR 107.98 at Lang & Schwarz on October 1, 2026 at 1:49 p.m. CEST, down 2.40 percent versus the prior close of EUR 110.63. As Investing.com reported on October 1, 2026, Pandora raised its 2026 organic revenue growth forecast to 3.00 percent from a prior range of minus 1.00 percent to plus 2.00 percent.

U.S. demand sets the tone

Chief Executive Officer Berta de Pablos-Barbier said U.S. demand had stabilized at depressed levels after a sharp pullback in May, according to Investing.com on October 1, 2026. The United States is Pandora's largest market, making the demand ceiling a material counterweight to the upgraded growth outlook.

The same report said Pandora opened a USD 150.00 million manufacturing facility in Ho Chi Minh City, Vietnam, while incoming Chief Financial Officer Paulo Garcia began his first day at the company. Anders Boyer is due to retire after more than 14 years with the group.

Asia offsets part of the pressure

Pandora delivered 3.00 percent organic growth in the second quarter of 2026, including 1.00 percent like-for-like growth, according to the company's Pandora investor-relations page dated August 12, 2026. North America recorded minus 1.00 percent like-for-like growth, while Asia-Pacific grew 10.00 percent and Latin America grew 18.00 percent.

Quartr reported second-quarter revenue of DKK 7,219 million, up 2.00 percent to 3.00 percent year over year, with an EBIT margin of 20.30 percent and earnings per share of DKK 11.70, compared with DKK 10.30 in the second quarter of 2025. Its summary also said Pandora raised 2026 EBIT margin guidance to 22.00 percent to 23.00 percent from 21.00 percent to 22.00 percent.

Analyst targets remain divided

According to MarketScreener on September 3, 2026, Morgan Stanley raised its Pandora price target to DKK 800.00 from DKK 600.00 and retained an equal-weight rating. MarketScreener listed an average target of DKK 853.39 from 19 analysts, alongside a mean consensus of Outperform.

Stock trades below its prior close

On Nasdaq Copenhagen, Pandora was last at DKK 805.60 on October 1, 2026 at 1:59 p.m. CEST, while its 52-week range was DKK 430.00 to DKK 904.40 and market capitalization was DKK 60.3 billion. The euro quote from Lang & Schwarz was EUR 107.98, down 2.40 percent from EUR 110.63. The further course of trading is shown by the continuously updated real-time quote of Pandora stock.