H & M Hennes & Mauritz AB (publ) (STO:HM.B)
Sweden flag Sweden · Delayed Price · Currency is SEK
162.55
+0.05 (0.03%)
Sep 21, 2026, 5:29 PM CET

H & M Hennes & Mauritz AB Stock Forecast

Stock Price Forecast

According to 26 analysts polled by S&P Global, H & M Hennes & Mauritz AB stock has a consensus rating of "Sell" and an average price target of kr 156.21. The average 1-year stock price forecast is 3.90% lower than the current stock price, while the lowest is kr 114.00 (-29.87%) and the highest is kr 200.00 (+23.04%).

Price Target: kr 156.21 (-3.90%)
Analyst Consensus: Sell

Price Target

Chart
TargetLowAverageMedianHigh
Pricekr 114.00kr 156.21kr 158.50kr 200.00
Change-29.87%-3.90%-2.49%+23.04%

Analyst Ratings

The average analyst rating for H & M Hennes & Mauritz AB stock is "Sell". This means that analysts believe this stock is likely to lead to lower returns than market as a whole.

Recommendation Trends

Chart
RatingApr '26May '26Jun '26Jul '26Aug '26Sep '26
Strong Buy221111
Buy000000
Hold121212121212
Sell555555
Strong Sell668888
Total252526262626

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Goldman Sachs
Goldman Sachs
Sell
Maintains
kr 150.00kr 145.00
SellMaintainskr 150.00kr 145.00-10.80%Aug 27, 2026
J.P. Morgan
J.P. Morgan
Sell
Maintains
kr 114.00
SellMaintainskr 114.00-29.87%Aug 26, 2026
RBC Capital
RBC Capital
Hold
Maintains
kr 175.00
HoldMaintainskr 175.00+7.66%Aug 25, 2026
UBS
UBS
Hold
Maintains
kr 168.00
HoldMaintainskr 168.00+3.35%Aug 19, 2026
Jefferies
Jefferies
Hold
Maintains
kr 154.00kr 160.00
HoldMaintainskr 154.00kr 160.00-1.57%Aug 18, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
222.31B
from 228.29B
Decreased by -2.62%
Revenue Next Year
228.74B
from 222.31B
Increased by 2.89%
EPS This Year
7.98
from 7.58
Increased by 5.34%
EPS Next Year
8.40
from 7.98
Increased by 5.23%
Fiscal YearFY 2021FY 2022FY 2023FY 2024FY 2025FY 2026
Period EndingNov 30, 2021Nov 30, 2022Nov 30, 2023Nov 30, 2024Nov 30, 2025Nov 30, 2026
Revenue
198.97B223.55B236.04B234.48B228.29B222.31B
Revenue Growth
6.38%12.36%5.58%-0.66%-2.64%-2.62%
Gross Profit
105.01B113.37B120.90B125.30B121.82B120.28B
Gross Margin
52.78%50.71%51.22%53.44%53.36%54.10%
Operating Income
15.26B7.44B13.57B17.38B18.53B19.18B
Net Income
11.01B3.57B8.75B11.62B12.16B12.56B
EPS
----7.587.98
EPS Growth
----5.13%5.34%
Forward PE
17.6221.3120.8716.5820.5620.36
Dividend / Share
6.506.506.506.807.107.32
Dividend Growth
---4.61%4.41%3.16%
Free Cash Flow
----20.44B23.51B
No. Analysts
-----24
EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is SEK.

Revenue Forecast

Revenue202620272028
High225.9B
Avg222.3B
Low220.5B

Revenue Growth

Revenue Growth202620272028
High
-1.0%
Avg
-2.6%
Low
-3.4%

EPS Forecast

EPS202620272028
High8.65
Avg7.98
Low7.18

EPS Growth

EPS Growth202620272028
High
14.1%
Avg
5.3%
Low
-5.3%