Emmi AG Stock Forecast

Stock Price Forecast

According to 6 analysts polled by S&P Global, Emmi AG stock has a consensus rating of "Buy" and an average price target of CHF 942.17. The average 1-year stock price forecast is 10.84% higher than the current stock price, while the lowest is CHF 830.00 (-2.35%) and the highest is CHF 1,033 (+21.53%).

Price Target: CHF 942.17 (+10.84%)

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	CHF 830.00	CHF 942.17	CHF 950.00	CHF 1,033
Change	-2.35%	+10.84%	+11.76%	+21.53%

* Price targets were last updated on May 11, 2026.

Analyst Ratings

The average analyst rating for Emmi AG stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating	Dec '25	Jan '26	Feb '26	Mar '26	Apr '26	Jun '26
Strong Buy	3	4	4	4	4	4
Buy	1	1	1	1	1	1
Hold	0	0	0	1	1	1
Sell	0	0	0	0	0	0
Strong Sell	1	1	1	0	0	0
Total	5	6	6	6	6	6

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Jon Cox Kepler Capital	Kepler Capital	Buy Maintains CHF 950.00	Buy	Maintains	CHF 950.00	+11.76%	May 11, 2026
Joern Iffert UBS	UBS	Hold Maintains CHF 830.00	Hold	Maintains	CHF 830.00	-2.35%	Apr 15, 2026
Chiara Di Giammaria Berenberg Bank	Berenberg Bank	Buy Maintains CHF 900.00	Buy	Maintains	CHF 900.00	+5.88%	Mar 3, 2026

Financial Forecast

Revenue This Year

4.81B

from 4.75B

1.31%

from 4.75B

Revenue Next Year

4.93B

from 4.81B

2.58%

from 4.81B

EPS This Year

44.77

from 42.44

5.50%

from 42.44

EPS Next Year

48.57

from 44.77

8.47%

from 44.77

Fiscal Year	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	3.91B	4.23B	4.24B	4.35B	4.75B	4.81B
Revenue Growth	5.55%	8.13%	0.29%	2.51%	9.13%	1.31%
Gross Profit	1.43B	1.48B	1.56B	1.66B	1.88B	1.88B
Gross Margin	36.55%	35.06%	36.66%	38.28%	39.57%	39.17%
Operating Income	282.52M	267.09M	260.16M	303.95M	335.08M	346.47M
Net Income	216.74M	182.55M	186.27M	220.29M	227.06M	239.45M
EPS	-	-	-	-	42.44	44.77
EPS Growth	-	-	-	-	3.06%	5.50%
Forward PE	25.98	19.99	22.59	16.51	16.04	18.98
Dividend / Share	14.00	14.50	15.50	16.50	17.50	18.20
Dividend Growth	-	3.57%	6.90%	6.45%	6.06%	4.00%
Free Cash Flow	60.13M	-50.27M	161.95M	182.57M	204.17M	247.95M
No. Analysts	-	-	-	-	-	6

EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is CHF.

Revenue Forecast

Revenue	2026	2027	2028
High	4.9B
Avg	4.8B
Low	4.8B

Revenue Growth

Revenue Growth	2026	2027	2028
High	3.2%
Avg	1.3%
Low	0.1%

EPS Forecast

EPS	2026	2027	2028
High	45.41
Avg	44.77
Low	44.22

EPS Growth

EPS Growth	2026	2027	2028
High	7.0%
Avg	5.5%
Low	4.2%