UBS cut Hermès target from EUR 1,695.00 to EUR 1,168.00 for Hermès International stock
Published on 10/09/2026 at 12:59 | Editorial responsibility: Rafael MĂĽller, Editor-in-Chief AD HOC NEWSKey points in brief
- UBS cut Hermès International's rating and price target on October 5, 2026, citing slower expected growth.
- The target fell from EUR 1,695.00 to EUR 1,168.00, a 31.09 percent reduction.
- Hermès International stock was trading at EUR 1,282.25 at Lang & Schwarz on October 9, 2026, plus 1.04 percent versus EUR 1,269.00.
- Hermès reported first-half 2026 revenue of EUR 8.163 billion, while third-quarter sales are scheduled for October 22, 2026.
Hermès International (ISIN FR0000052292) was trading at EUR 1,282.25 at Lang & Schwarz on October 9, 2026 at 12:56 p.m. CEST, up 1.04 percent from the prior close of EUR 1,269.00. On October 5, 2026, UBS cut Hermès International from Neutral to Sell and reduced its 12-month target from EUR 1,695.00 to EUR 1,168.00, according to ADVFN. The target reduction amounts to 31.09 percent and puts the analyst debate ahead of the company's next sales update.
Three dated signals shape the stock
On June 30, 2026, Hermès reported first-half revenue of EUR 8.163 billion and 27,107 employees at the end of June, according to the company's Hermès Finance page. On September 14, 2026, the company reported 105,569,412 shares outstanding, as published by Trivano. On October 5, 2026, UBS set the new EUR 1,168.00 target after its downgrade, according to ADVFN.
What does UBS expect for 2027?
UBS expects organic sales growth of 5.00 percent in 2027 and an operating margin of 38.30 percent, down 100 basis points year over year, according to ADVFN. Its 2027 earnings-per-share forecast is EUR 43.98, 11.00 percent below the EUR 49.22 consensus estimate. The figures show why the target cut is centered on slower growth and margin pressure rather than a collapse in current revenue.
Next dates bring a fresh test
Hermès is scheduled to publish its third-quarter 2026 sales on October 22, 2026, with the analyst presentation set for 8:00 a.m. CEST, according to Hermès Finance. The company lists annual 2026 results for February 11, 2027, creating a second dated checkpoint for revenue and profitability.
Hermès stock trades above EUR 1,280
Hermès International stock was trading at EUR 1,282.25 at Lang & Schwarz on October 9, 2026 at 12:56 p.m. CEST, plus 1.04 percent versus EUR 1,269.00. The primary listing is on Euronext Paris under ticker RMS.PA, and the finance data quote showed a market capitalization of EUR 134.2 billion and a 52-week range of EUR 1,255.00 to EUR 2,300.00 on October 9, 2026. The further course of trading is shown by the continuously updated real-time quote of Hermès International stock.
Hermès International stock facts
- Company: Hermès International S.C.A.
- ISIN: FR0000052292
- Ticker: RMS.PA
- Primary exchange: Euronext Paris
- Price Lang & Schwarz (as of October 9, 2026, 12:56 p.m. CEST): EUR 1,282.25
- Change versus prior close: plus 1.04 percent
- Prior close Lang & Schwarz (October 8, 2026): EUR 1,269.00
- Market capitalization: EUR 134.2 billion (as of October 9, 2026)
- 52-week range: EUR 1,255.00-2,300.00 (as of October 9, 2026)
- Sector / Industry: Consumer Cyclical / Luxury Goods
- Index membership: CAC 40
- Next earnings date: October 22, 2026
Market context: Market report CAC 40.
