Carlsberg A/S (CPH:CARL.B)
| Market Cap | 132.52B +21.7% |
| Revenue (ttm) | 90.29B +15.0% |
| Net Income | 6.40B -28.4% |
| EPS | 48.19 -28.4% |
| Shares Out | 132.17M |
| PE Ratio | 20.15 |
| Forward PE | 14.30 |
| Dividend | 29.00 (2.99%) |
| Ex-Dividend Date | Mar 17, 2026 |
| Volume | 567,817 |
| Open | 955.00 |
| Previous Close | 934.20 |
| Day's Range | 955.00 - 982.00 |
| 52-Week Range | 753.20 - 1,015.00 |
| Beta | 0.64 |
| Analysts | Buy |
| Price Target | 1,057.17 (+8.87%) |
| Est. Earnings | Nov 6, 2026 |
About Carlsberg
Carlsberg A/S produces and markets beer, soft drinks, and other beverage products in Western Europe, Asia, Central and Eastern Europe, India, and internationally. The company was founded in 1847 and is headquartered in Copenhagen, Denmark. [Read more]
Financial Performance
In 2025, Carlsberg's revenue was 89.10 billion, an increase of 18.78% compared to the previous year's 75.01 billion. Earnings were 5.96 billion, a decrease of -34.68%.
Financial StatementsAnalyst Summary
According to 23 analysts, the average rating for CARL.B stock is "Buy." The 12-month stock price target is kr 1,057, which is an increase of 8.87% from the latest price.
News
Carlsberg price target raised to DKK 1,070 from DKK 1,060 at Citi
Citi analyst Simon Hales raised the firm’s price target on Carlsberg (CABGY) to DKK 1,070 from DKK 1,060 and keeps a Buy rating on the shares.
'All generations are moderating': Carlsberg CEO on alcohol consumption
Carlsberg’s CEO tells CNBC that people of all generations are moderating their alcohol consumption but still want a choice of alcoholic and non-alcoholic drinks.
Denmark's Carlsberg Looks to Soft Drinks to Buoy Sliding Beers Sales
Soft drinks have grown to become a significant part Carlsberg's portfolio, and the group hopes to move into new markets in Central Europe and Central Asia, the CEO said.
Carlsberg Q3 Revenues Rise, Despite Weak Beer Volume; Backs FY26 Outlook
(RTTNews) - Danish brewer Carlsberg A/S (CABGY.PK) reported Thursday higher revenue in the third quarter, supported by a 5 percent increase in growth categories, despite the challenging trading enviro...
Carlsberg Earnings Call Transcript: Q3 2026
Q3 organic revenue rose 3% and reported revenue 4.9%, led by growth categories and higher revenue per hectolitre. FY operating profit growth guidance remains 4%-6%; higher 2027 input and logistics costs are expected.
Carlsberg Earnings release: Q3 2026
Carlsberg released its Q3 2026 earnings on October 29, 2026, summarizing the period's financial results.
Carlsberg Slides: Q3 2026
Carlsberg has posted slides in relation to its Q3 2026 quarterly earnings report, which was published on October 29, 2026.
Carlsberg CEO: All generations are moderating alcohol consumption
Carlsberg CEO, Jacob Aarup-Andersen, discusses the company’s latest quarterly earnings, alcohol consumption trends, and the outlook for Chinese consumers.
Carlsberg holds profit guidance despite weak China sales
Danish brewer Carlsberg held its full-year profit guidance on Thursday after third-quarter sales matched expectations, though China remained a weak spot.
Danish Brewer Carlsberg files updated papers for India unit's IPO
Danish brewer Carlsberg's India unit moved closer to a public listing as it filed an updated draft prospectus for an initial public offering late on Tuesday.
Carlsberg upgraded to Equal Weight from Underweight at Barclays
Barclays analyst Laurence Whyatt upgraded Carlsberg (CABGY) to Equal Weight from Underweight with a price target of DKK 930, up from DKK 792. Soft drinks are now 59% of the…
Carlsberg to shut historic Marston’s Brewery with 310 jobs at risk
Carlsberg said the move is driven by structural decline in the ale category and a ‘need to create greater long-term value’.
Marston's brewery in Burton-upon-Trent to be shut by owner Carlsberg
Carlsberg Britvic has announced it wants to close the Staffordshire site next summer, citing UK drinkers turning their backs on cask aes. Around 310 people work at the site.
Carlsberg agrees to buy PepsiCo bottlers in Georgia and Armenia
Danish brewer Carlsberg said on Monday it had agreed to buy PepsiCo's bottlers in Georgia and Armenia, expanding its partnership with the US group as it increases its exposure to soft drinks.
India's markets regulator approves Carlsberg's IPO pre-filing
India markets regulator approved Danish brewer Carlsberg's IPO pre-filing of its India business, a SEBI document showed on Thursday.
Carlsberg price target lowered to DKK 1,160 from DKK 1,220 at Deutsche Bank
Deutsche Bank lowered the firm’s price target on Carlsberg (CABGY) to DKK 1,160 from DKK 1,220 and keeps a Buy rating on the shares.
Carlsberg downgraded to Hold from Buy at Jefferies
Jefferies analyst Edward Mundy downgraded Carlsberg (CABGY) to Hold from Buy with a price target of DKK 950, down from DKK 1,110. The firm sees the company’s fiscal 2027 organic…
Carlsberg price target raised to DKK 1,065 from DKK 1,030 at Morgan Stanley
Morgan Stanley analyst Sarah Simon raised the firm’s price target on Carlsberg (CABGY) to DKK 1,065 from DKK 1,030 and keeps an Overweight rating on the shares. Published first on…
Carlsberg price target raised to DKK 1,050 from DKK 1,040 at RBC Capital
RBC Capital raised the firm’s price target on Carlsberg (CABGY) to DKK 1,050 from DKK 1,040 and keeps an Outperform rating on the shares.
Carlsberg Earnings Call Transcript: Q2 2026
Solid H1 2026 results with organic revenue up 2.7% and operating profit up 5.9%, driven by strong Britvic synergies, Pepsi partnership expansion, and robust growth in soft drinks and premium categories. Guidance for organic operating profit growth was raised to 4%-6% for the year.
Carlsberg Quarterly report: Q2 2026
Carlsberg has published its Q2 2026 quarterly earnings report on August 19, 2026.
Carlsberg Slides: Q2 2026
Carlsberg has posted slides in relation to its Q2 2026 quarterly earnings report, which was published on August 19, 2026.
Carlsberg Lifts Lower End of Guidance, Books Strong Growth in Soft Drinks, Alcohol-Free Brews
Soft drinks and other beverages delivered 7.8% growth, driven by gains in multiple markets, while beer volumes declined slightly.
Brewer Carlsberg misses half-year profit estimate, narrows full-year forecast
Danish brewer Carlsberg reported first-half operating profit of 7.45 billion Danish crowns ($1.15 billion) on Wednesday, behind analyst expectations for 7.55 billion crowns, and narrowed the...
Carlsberg's 'hydration break' jab spotlights growing corporate rift over FIFA stake sale
Danish brewer Carlsberg's jab at FIFA President Gianni Infantino highlighted how a growing backlash against the governing body's proposed stake sale is spilling into the corporate sector, even as many...