Unilever posts 4.80 percent H1 growth: Unilever stock sits 15.12 percent below target

Published on 10/27/2026 at 17:37 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

H1 turnover reached EUR 25.6 billion. Unilever stock last stood at GBp 4,923.00 on October 26, 2026, below its GBp 5,800.00 target.

Growth and valuation

Unilever reported 4.80 percent underlying sales growth in the first half of 2026.
First-half turnover reached EUR 25.6 billion, up 0.50 percent in reported euro terms.
Unilever stock last stood at GBp 4,923.00 on October 26, 2026, 15.12 percent below the GBp 5,800.00 Bernstein target.
Unilever will publish its third-quarter 2026 trading statement on October 28, 2026.

Unilever, GB00BVZK7T90, Illustration mit AI erstellt.

Unilever reported 4.80 percent underlying sales growth in the first half of 2026, while its London-listed stock last stood at GBp 4,923.00 on October 26, 2026. The gap to Bernstein's GBp 5,800.00 target was 15.12 percent, calculated from the same home-market price and target.

Volume led the first half

First-half turnover reached EUR 25.6 billion, up 0.50 percent in reported euro terms. Underlying volume growth contributed 4.20 percentage points to the 4.80 percent underlying sales increase, while underlying price growth contributed 0.60 percentage points, according to TickerScout in its summary of the July 28, 2026 results.

The mix matters for the next update. Volume supplied most of the first-half growth, leaving the October trading statement as a test of whether demand can remain the main contributor rather than price increases.

Stock remains below the target

Bernstein retained its Outperform rating and GBp 5,800.00 target on October 19, 2026, according to MarketScreener. Its target stood 15.12 percent above the GBp 4,923.00 price quoted for the London listing on October 26, 2026.

The same MarketScreener page listed a 15-analyst consensus, an average target of EUR 61.42 and an Outperform mean rating on October 26, 2026. Those figures provide a broader valuation reference, but the Bernstein target remains the clearly dated individual view used here.

Dates that matter next

Unilever's investor calendar lists the Q3 2026 trading statement for October 28, 2026 and an investor event for November 4, 2026. The company said the event will address its transformation into a focused home and personal care business and its longer-term growth priorities.

For investors, the immediate question is whether the next sales update confirms the volume-led pattern from the first half. The current valuation also leaves the stock 15.12 percent below the Bernstein target, while the reported first-half turnover increase was only 0.50 percent.

Price and company data

The last quoted London price was GBp 4,923.00 on October 26, 2026. Unilever's business spans Beauty and Wellbeing, Personal Care, Home Care and Foods, while the company reported first-half underlying sales growth of 4.80 percent for the six months ended June 30, 2026.