Carlsberg A/S (CPH:CARL.B)
Denmark flag Denmark · Delayed Price · Currency is DKK
883.40
-6.00 (-0.67%)
Aug 31, 2026, 4:59 PM CET

Carlsberg Stock Forecast

Stock Price Forecast

According to 23 analysts polled by S&P Global, Carlsberg stock has a consensus rating of "Buy" and an average price target of kr 1,062. The average 1-year stock price forecast is 20.25% higher than the current stock price, while the lowest is kr 775.00 (-12.27%) and the highest is kr 1,520 (+72.06%).

Price Target: kr 1,062 (+20.25%)
Analyst Consensus: Buy

Price Target

Chart
TargetLowAverageMedianHigh
Pricekr 775.00kr 1,062kr 1,063kr 1,520
Change-12.27%+20.25%+20.27%+72.06%

Analyst Ratings

The average analyst rating for Carlsberg stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Chart
RatingMar '26Apr '26May '26Jun '26Jul '26Aug '26
Strong Buy121212131313
Buy455555
Hold455434
Sell111111
Strong Sell100010
Total222323232323

Financial Forecast

Revenue This Year
92.43B
from 89.10B
Increased by 3.75%
Revenue Next Year
95.91B
from 92.43B
Increased by 3.76%
EPS This Year
64.45
from 44.90
Increased by 43.53%
EPS Next Year
69.64
from 64.45
Increased by 8.07%
Fiscal YearFY 2021FY 2022FY 2023FY 2024FY 2025FY 2026
Period EndingDec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024Dec 31, 2025Dec 31, 2026
Revenue
60.10B70.27B73.59B75.01B89.10B92.43B
Revenue Growth
2.66%16.92%4.73%1.94%18.78%3.75%
Gross Profit
28.57B32.07B32.83B34.38B40.24B42.03B
Gross Margin
47.54%45.64%44.62%45.83%45.16%45.47%
Operating Income
9.63B10.41B10.39B10.65B12.57B14.38B
Net Income
6.85B-1.06B-40.79B9.12B5.96B7.92B
EPS
----44.9064.45
EPS Growth
-----12.98%43.53%
Forward PE
21.7316.8315.0911.8813.4913.71
Dividend / Share
24.0027.0027.0027.0029.0031.24
Dividend Growth
9.09%12.50%--7.41%7.72%
Free Cash Flow
12.06B698.63M13.31B1.58B5.61B8.32B
No. Analysts
-----19
EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is DKK.

Revenue Forecast

Revenue202620272028
High93.7B
Avg92.4B
Low91.5B

Revenue Growth

Revenue Growth202620272028
High
5.2%
Avg
3.7%
Low
2.7%

EPS Forecast

EPS202620272028
High68.30
Avg64.45
Low57.10

EPS Growth

EPS Growth202620272028
High
52.1%
Avg
43.5%
Low
27.2%