Koninklijke Ahold Delhaize N.V., NL0011794037

Ahold stock: JPMorgan keeps EUR 22.63 target for Ahold stock

Published on 10/23/2026 at 15:11 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Q3 results are scheduled for November 4, 2026. Ahold stock costs EUR 33.22 on October 23, 2026, up 0.94 percent versus the Xetra close.

JPMorgan target stays unchanged

JPMorgan kept its EUR 22.63 target and Underweight rating on October 21, 2026.
Second-quarter 2026 net sales reached EUR 23.20 billion, while underlying operating margin was 3.90 percent.
Ahold stock costs EUR 33.22 at Lang & Schwarz on October 23, 2026 at 3:05 p.m. CEST, 0.94 percent above the Xetra close of October 22, 2026, and 21.90 percent below the 52-week high.
Ahold Delhaize is scheduled to report third-quarter 2026 results on November 4, 2026.

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Ahold Delhaize (NL0011794037) is trading at EUR 33.22 at Lang & Schwarz on October 23, 2026 at 3:05 p.m. CEST, up 0.94 percent versus the Xetra close of October 22, 2026 at EUR 32.91. JPMorgan kept its Underweight rating and EUR 22.63 price target on October 21, 2026, according to finanzen.ch. The target is 31.88 percent below the Lang & Schwarz price.

Quarterly figures set the base

Ahold Delhaize published second-quarter 2026 results on August 5, 2026. Net sales grew 1.90 percent at constant exchange rates to EUR 23.20 billion, while underlying operating margin was 3.90 percent. Diluted underlying earnings per share came to EUR 0.63, down 1.40 percent at constant exchange rates.

The regional split shows where the pressure sits. U.S. net sales reached EUR 13.00 billion, with online sales up 14.50 percent in the quarter. European sales were EUR 10.20 billion, and the European underlying operating margin was 3.90 percent. These figures are reported in the company's investor materials at Ahold Delhaize.

Stock remains below its yearly high

The 52-week range in the latest quote is EUR 30.34 to EUR 42.54 as of October 23, 2026. At EUR 33.22, the stock is 21.90 percent below its high and 9.51 percent above its low. Market capitalization is EUR 29.0 billion, and the trailing P/E ratio is 13.18.

Valuation and reporting dates

The next scheduled corporate date is November 4, 2026, when Ahold Delhaize is due to publish third-quarter 2026 results. The investor calendar also lists February 17, 2027, for fourth-quarter and full-year 2026 results. The current price therefore meets a market view that is split between JPMorgan's EUR 22.63 target and the company's continuing operating expansion.

Price and investor perspective

The October 23 quote is only 0.94 percent above the October 22 Xetra close, so the daily move is modest. The larger valuation gap is between the EUR 33.22 price and JPMorgan's EUR 22.63 target, while the stock remains materially below its EUR 42.54 yearly high.

The stock was trading at EUR 33.22 at Lang & Schwarz on October 23, 2026 at 3:05 p.m. CEST, 0.94 percent above the Xetra close of October 22, 2026 at EUR 32.91. The further course of trading is shown by the continuously updated real-time quote of Ahold stock.