J.P. Morgan cuts target for Lindt & Sprüngli stock to CHF 73,000

Published on 10/13/2026 at 03:29 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

J.P. Morgan cut its target to CHF 73,000 on October 3, 2026. The January 19, 2027 sales release sets the next test for Lindt & Sprüngli stock.

Key points in brief

J.P. Morgan cut its Lindt & Sprüngli target from CHF 87,000 to CHF 73,000 on October 3, 2026.
Lindt reduced its full-year 2026 organic sales growth guidance from 4-6 percent to 0-2 percent.
First-half 2026 revenue reached CHF 2.33 billion, with EBIT of CHF 260.2 million.
The last Lang & Schwarz price was EUR 87,100.00 on October 12, 2026, while the 52-week range was CHF 77,500.00 to CHF 132,000.00.

Börsen-Editorialfoto vom SIX-Handelssaal mit Charts zum Konsumgütersektor — Chocoladefabriken Lindt & Sprüngli AG (CH0010570759) dargestellt am SIX-Handelssaal mit Konsumgüter-Sektor-Charts und Kursanzeigen, Illustration mit AI erstellt.

Lindt & Sprüngli (CH0010570759) was last quoted at EUR 87,100.00 by Lang & Schwarz on October 12, 2026 at 11:00 p.m. CEST. On October 3, 2026, J.P. Morgan cut its target for the registered share from CHF 87,000 to CHF 73,000, according to Blick.

Three dates reset the story

On September 23, 2026, Lindt & Sprüngli reported CHF 2.33 billion in first-half revenue, organic growth of 4.30 percent and EBIT of CHF 260.2 million, according to Swiss-Press. The result included a 7.50 percent decline in volume and product mix, showing how price increases supported revenue while demand weakened.

On September 29, 2026, the company reduced its full-year organic sales growth guidance from 4-6 percent to 0-2 percent. The official Lindt & Sprüngli release said the group retained its target for a 20-40 basis point improvement in the 2026 EBIT margin.

J.P. Morgan's October 3 target cut was the latest of these three dated developments. It puts the analyst's new target 16.09 percent below the old target, a sharper warning than the unchanged margin ambition.

What does the lower outlook mean?

The comparison between 0-2 percent and 4-6 percent is the central change for the stock. The company attributed the reset to high consumer price sensitivity, weaker seasonal orders in Germany, Switzerland and Austria, and a heatwave that hurt European sales.

The first-half regional split adds a clear counterweight. Europe recorded a 2.10 percent organic decline, while North America grew 12.70 percent organically, according to Swiss-Press. For investors, the margin target now has to absorb weaker European volume without relying on the former sales-growth range.

January date sets the next test

Lindt & Sprüngli will publish its 2026 net sales on January 19, 2027 at 7:00 a.m. CET, according to the company's September 29 release. That date should provide the first quantified read on whether the adjusted pricing strategy and cost savings are stabilizing demand after the guidance cut.

Stock remains below its yearly high

The last Lang & Schwarz quote was EUR 87,100.00 on October 12, 2026 at 11:00 p.m. CEST. The primary SIX Swiss Exchange quotation had a 52-week range of CHF 77,500.00 to CHF 132,000.00 and a market capitalization of CHF 18.2 billion as of October 12, 2026.

The further course of trading is shown by the continuously updated real-time quote of Lindt & Sprüngli stock.