Pigeon stock: A brokerage lifts target for Pigeon stock to JPY 2,600

Published on 10/24/2026 at 05:04 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Target rose from JPY 2,500 to JPY 2,600 on October 21, 2026. For Pigeon stock, second-quarter revenue reached JPY 31.27 billion.

Analyst change and earnings date

Pigeon lifted its price target from JPY 2,500 to JPY 2,600 on October 21, 2026.
Second-quarter diluted earnings per share reached JPY 24.35 on June 30, 2026.
Pigeon stock was last at JPY 2,091.00 on Tokyo on October 23, 2026 at 3:30 p.m. JST.

Pigeon, JP3801600002, Illustration mit AI erstellt.

Pigeon (ISIN JP3801600002) drew a fresh analyst catalyst on October 21, 2026, when a major US brokerage raised its price target from JPY 2,500 to JPY 2,600 while keeping a bullish rating, according to Yahoo Finance Japan. The move puts the upcoming earnings date at the center of the stock story.

Results set the earnings baseline

Pigeon's second-quarter revenue reached JPY 31.27 billion and diluted earnings per share came to JPY 24.35 for the period ended June 30, 2026, according to Investing.com. Revenue exceeded the cited forecast of JPY 31.16 billion, while earnings per share also came in above the forecast of JPY 22.58. That combination gives the target increase a measurable operating backdrop rather than a purely valuation-driven rationale.

Three dates frame the stock

On August 6, 2026, Pigeon reported JPY 31.27 billion of second-quarter revenue and JPY 24.35 of diluted earnings per share. On October 8, 2026, Simply Wall St cited a JPY 2,066.50 share price and a 28.51 percent year-to-date return. On October 21, 2026, the brokerage target moved to JPY 2,600 from JPY 2,500.

When are the next results due?

Pigeon is scheduled to publish its next earnings report on November 5, 2026, according to Investing.com. The report will test whether the second-quarter revenue and earnings figures support the more constructive target view.

Tokyo valuation remains the counterweight

Pigeon was last at JPY 2,091.00 on the Tokyo Stock Exchange on October 23, 2026 at 3:30 p.m. JST. Its market capitalization stood at JPY 249.8 billion, while the 52-week range was JPY 1,567.00 to JPY 2,197.50 on the same date. The share price therefore remains below the upper end of its yearly range, leaving the next earnings release as the clearest test of the raised target.

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