Carlsberg A/S (CPH:CARL.B)
Denmark flag Denmark · Delayed Price · Currency is DKK
999.60
-0.90 (-0.09%)
Nov 4, 2026, 9:35 AM 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 1,061. The average 1-year stock price forecast is 6.11% higher than the current stock price, while the lowest is kr 880.00 (-11.96%) and the highest is kr 1,550 (+55.06%).

Price Target: kr 1,061 (+6.11%)
Analyst Consensus: Buy

Price Target

Chart
TargetLowAverageMedianHigh
Pricekr 880.00kr 1,061kr 1,050kr 1,550
Change-11.96%+6.11%+5.04%+55.06%

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
RatingJun '26Jul '26Aug '26Sep '26Oct '26Nov '26
Strong Buy131313121212
Buy555544
Hold434577
Sell111100
Strong Sell010000
Total232323232323

Financial Forecast

Revenue This Year
92.59B
from 89.10B
Increased by 3.92%
Revenue Next Year
96.92B
from 92.59B
Increased by 4.68%
EPS This Year
65.31
from 44.90
Increased by 45.45%
EPS Next Year
70.66
from 65.31
Increased by 8.20%
Fiscal YearFY 2021FY 2022FY 2023FY 2024FY 2025FY 2026
Period EndingDec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024Dec 31, 2025Dec 31, 2026
Revenue
60.10B70.27B73.59B75.01B89.10B92.59B
Revenue Growth
2.66%16.92%4.73%1.94%18.78%3.92%
Gross Profit
28.57B32.07B32.83B34.38B40.24B42.11B
Gross Margin
47.54%45.64%44.62%45.83%45.16%45.48%
Operating Income
9.63B10.41B10.39B10.65B12.57B14.39B
Net Income
6.85B-1.06B-40.79B9.12B5.96B7.97B
EPS
----44.9065.31
EPS Growth
-----12.98%45.45%
Forward PE
21.7316.8315.0911.8813.4915.31
Dividend / Share
24.0027.0027.0027.0029.0031.21
Dividend Growth
9.09%12.50%--7.41%7.62%
Free Cash Flow
-----21.67B8.67B
No. Analysts
-----22
EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is DKK.

Revenue Forecast

Revenue202620272028
High93.7B
Avg92.6B
Low91.9B

Revenue Growth

Revenue Growth202620272028
High
5.2%
Avg
3.9%
Low
3.2%

EPS Forecast

EPS202620272028
High68.40
Avg65.31
Low61.70

EPS Growth

EPS Growth202620272028
High
52.3%
Avg
45.5%
Low
37.4%