Carlsberg A/S (CPH:CARL.B)
Denmark flag Denmark · Delayed Price · Currency is DKK
870.00
-13.80 (-1.56%)
At close: Jun 26, 2026

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 1,051. The average 1-year stock price forecast is 20.76% higher than the current stock price, while the lowest is kr 784.00 (-9.89%) and the highest is kr 1,470 (+68.97%).

Price Target: kr 1,051 (+20.76%)
Analyst Consensus: Buy
TargetLowAverageMedianHigh
Pricekr 784.00kr 1,051kr 1,060kr 1,470
Change-9.89%+20.76%+21.84%+68.97%

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

RatingJan '26Feb '26Mar '26Apr '26May '26Jun '26
Strong Buy111112121213
Buy544555
Hold554554
Sell111111
Strong Sell011000
Total222222232323

Financial Forecast

Revenue This Year
92.81B
from 89.10B
Increased by 4.17%
Revenue Next Year
96.19B
from 92.81B
Increased by 3.64%
EPS This Year
64.74
from 44.90
Increased by 44.18%
EPS Next Year
70.63
from 64.74
Increased by 9.11%
Fiscal YearFY 2021FY 2022FY 2023FY 2024FY 2025FY 2026
Period EndingDec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024Dec 31, 2025Dec 31, 2026
Revenue
60.10B70.27B73.59B75.01B89.10B92.81B
Revenue Growth
2.66%16.92%4.73%1.94%18.78%4.17%
Gross Profit
28.57B32.07B32.83B34.38B40.24B42.38B
Gross Margin
47.54%45.64%44.62%45.83%45.16%45.66%
Operating Income
9.63B10.41B10.39B10.65B12.57B14.50B
Net Income
6.85B-1.06B-40.79B9.12B5.96B7.86B
EPS
----44.9064.74
EPS Growth
-----12.98%44.18%
Forward PE
21.7316.8315.0911.8813.4913.44
Dividend / Share
24.0027.0027.0027.0029.0031.30
Dividend Growth
-12.50%--7.41%7.93%
Free Cash Flow
12.06B698.63M13.31B1.58B5.61B8.46B
No. Analysts
-----21
EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is DKK.

Revenue Forecast

Revenue202620272028
High93.9B
Avg92.8B
Low91.9B

Revenue Growth

Revenue Growth202620272028
High
5.4%
Avg
4.2%
Low
3.1%

EPS Forecast

EPS202620272028
High67.09
Avg64.74
Low61.30

EPS Growth

EPS Growth202620272028
High
49.4%
Avg
44.2%
Low
36.5%