Colgate-Palmolive stock falls as Piper Sandler cuts target

Published on 09/22/2026 at 15:16 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Colgate-Palmolive stock traded at USD 87.47 on September 21, 2026, after Piper Sandler cut its target to USD 95. Q1 revenue reached USD 5.32 billion.

CL, US1845021021, Illustration mit AI erstellt.

Colgate-Palmolive Company (US1845021021) traded at USD 87.47 on September 21, 2026, while Piper Sandler lowered its price target from USD 98 to USD 95. The revised target still stood USD 7.53 above the quoted share price, but the cut puts cost pressure and North American demand at the center of the stock story.

Piper Sandler trims its target

According to FMP on September 21, 2026, Piper Sandler reduced the target to USD 95 from USD 98 and cited soft consumer demand and stronger competition in North America. The USD 3 reduction equals a 3.1 percent cut from the former target.

The same report placed Colgate-Palmolive's market capitalization at about USD 69.99 billion and showed a 52-week range from USD 74.55 to USD 99.33. At USD 87.47, the stock was USD 11.86 below its 52-week high and USD 12.92 above its low.

Q1 revenue beats consensus

According to Ad hoc News on September 22, 2026, Colgate-Palmolive reported Q1 2026 earnings per share of USD 0.97 against consensus of USD 0.94. Revenue reached USD 5.32 billion, exceeding the USD 5.22 billion estimate by USD 0.10 billion.

The figures create a clear contrast: operating execution in Q1 2026 exceeded expectations, while the September 21 target cut focused on demand and cost risks. The same update said Piper Sandler kept its 2026 EPS estimate at USD 3.85 but reduced its 2027 estimate to USD 4.12 from USD 4.23, a USD 0.11 reduction.

Stock remains below its yearly peak

Colgate-Palmolive shares closed at USD 87.47 on the New York Stock Exchange on September 21, 2026. The quoted level was 11.9 percent below the 52-week high of USD 99.33, while the market capitalization stood near USD 69.99 billion in the same dated snapshot.