Carlsberg A/S (CPH:CARL.B)
Denmark flag Denmark · Delayed Price · Currency is DKK
927.40
+0.60 (0.06%)
Jul 20, 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 1,058. The average 1-year stock price forecast is 14.05% higher than the current stock price, while the lowest is kr 784.00 (-15.46%) and the highest is kr 1,560 (+68.21%).

Price Target: kr 1,058 (+14.05%)
Analyst Consensus: Buy

Price Target

Chart
TargetLowAverageMedianHigh
Pricekr 784.00kr 1,058kr 1,060kr 1,560
Change-15.46%+14.05%+14.30%+68.21%

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
RatingFeb '26Mar '26Apr '26May '26Jun '26Jul '26
Strong Buy111212121313
Buy445555
Hold545543
Sell111111
Strong Sell110001
Total222223232323

Financial Forecast

Revenue This Year
92.80B
from 89.10B
Increased by 4.16%
Revenue Next Year
96.24B
from 92.80B
Increased by 3.71%
EPS This Year
64.85
from 44.90
Increased by 44.43%
EPS Next Year
70.89
from 64.85
Increased by 9.32%
Fiscal YearFY 2021FY 2022FY 2023FY 2024FY 2025FY 2026
Period EndingDec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024Dec 31, 2025Dec 31, 2026
Revenue
60.10B70.27B73.59B75.01B89.10B92.80B
Revenue Growth
2.66%16.92%4.73%1.94%18.78%4.16%
Gross Profit
28.57B32.07B32.83B34.38B40.24B42.41B
Gross Margin
47.54%45.64%44.62%45.83%45.16%45.71%
Operating Income
9.63B10.41B10.39B10.65B12.57B14.49B
Net Income
6.85B-1.06B-40.79B9.12B5.96B8.11B
EPS
----44.9064.85
EPS Growth
-----12.98%44.43%
Forward PE
21.7316.8315.0911.8813.4914.30
Dividend / Share
24.0027.0027.0027.0029.0031.33
Dividend Growth
-12.50%--7.41%8.04%
Free Cash Flow
12.06B698.63M13.31B1.58B5.61B8.47B
No. Analysts
-----21
EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is DKK.

Revenue Forecast

Revenue202620272028
High93.7B
Avg92.8B
Low92.0B

Revenue Growth

Revenue Growth202620272028
High
5.2%
Avg
4.2%
Low
3.2%

EPS Forecast

EPS202620272028
High67.24
Avg64.85
Low61.30

EPS Growth

EPS Growth202620272028
High
49.8%
Avg
44.4%
Low
36.5%