H & M Hennes & Mauritz AB (publ) (STO:HM.B)
Sweden flag Sweden · Delayed Price · Currency is SEK
165.60
+2.95 (1.81%)
Oct 9, 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 154.54. The average 1-year stock price forecast is 6.68% lower than the current stock price, while the lowest is kr 114.00 (-31.16%) and the highest is kr 200.00 (+20.77%).

Price Target: kr 154.54 (-6.68%)
Analyst Consensus: Sell

Price Target

Chart
TargetLowAverageMedianHigh
Pricekr 114.00kr 154.54kr 155.00kr 200.00
Change-31.16%-6.68%-6.40%+20.77%

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
RatingMay '26Jun '26Jul '26Aug '26Sep '26Oct '26
Strong Buy211111
Buy000000
Hold121212121212
Sell555555
Strong Sell688888
Total252626262626

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
UBS
UBS
Hold
Maintains
kr 168.00 → kr 163.00
HoldMaintainskr 168.00 → kr 163.00-1.57%Sep 29, 2026
RBC Capital
RBC Capital
Hold
Maintains
kr 175.00 → kr 170.00
HoldMaintainskr 175.00 → kr 170.00+2.66%Sep 28, 2026
Deutsche Bank
Deutsche Bank
Hold
Maintains
kr 160.00
HoldMaintainskr 160.00-3.38%Sep 24, 2026
Barclays
Barclays
Sell
Maintains
kr 157.00 → kr 150.00
SellMaintainskr 157.00 → kr 150.00-9.42%Sep 24, 2026
Jefferies
Jefferies
Hold
Maintains
kr 160.00
HoldMaintainskr 160.00-3.38%Sep 24, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
222.72B
from 228.29B
Decreased by -2.44%
Revenue Next Year
230.30B
from 222.72B
Increased by 3.40%
EPS This Year
8.00
from 7.58
Increased by 5.50%
EPS Next Year
8.25
from 8.00
Increased by 3.11%
Fiscal YearFY 2021FY 2022FY 2023FY 2024FY 2025FY 2026
Period EndingNov 30, 2021Nov 30, 2022Nov 30, 2023Nov 30, 2024Nov 30, 2025Nov 30, 2026
Revenue
198.97B223.55B236.04B234.48B228.29B222.72B
Revenue Growth
6.38%12.36%5.58%-0.66%-2.64%-2.44%
Gross Profit
105.01B113.37B120.90B125.30B121.82B120.38B
Gross Margin
52.78%50.71%51.22%53.44%53.36%54.05%
Operating Income
15.26B7.44B13.57B17.38B18.53B19.29B
Net Income
11.01B3.57B8.75B11.62B12.16B12.70B
EPS
----7.588.00
EPS Growth
----5.13%5.50%
Forward PE
17.6221.3120.8716.5820.5620.71
Dividend / Share
6.506.506.506.807.107.34
Dividend Growth
---4.61%4.41%3.42%
Free Cash Flow
----20.44B20.80B
No. Analysts
-----25
EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is SEK.

Revenue Forecast

Revenue202620272028
High225.9B
Avg222.7B
Low220.0B

Revenue Growth

Revenue Growth202620272028
High
-1.0%
Avg
-2.4%
Low
-3.6%

EPS Forecast

EPS202620272028
High8.65
Avg8.00
Low7.11

EPS Growth

EPS Growth202620272028
High
14.1%
Avg
5.5%
Low
-6.2%