J.P. Morgan keeps EUR 23.50 target for Philips stock

Published on 10/26/2026 at 16:55 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Philips posted EUR 4.36 billion revenue in the second quarter of 2026. Philips stock costs EUR 24.02 on October 26, 2026, minus 0.12 percent versus the Xetra close.

Analyst target and reporting date

J.P. Morgan maintained a EUR 23.50 target for Philips on October 9, 2026.
Philips will publish third-quarter 2026 results on November 3, 2026.
Philips stock costs EUR 24.02 at Lang & Schwarz on October 26, 2026 at 4:44 p.m. CEST, minus 0.12 percent versus the Xetra close of October 23, 2026.
The stock stands 13.29 percent below its EUR 27.70 52-week high.

Philips, NL0000009538, Illustration mit AI erstellt.

Philips stock (ISIN NL0000009538) was trading at EUR 24.02 at Lang & Schwarz on October 26, 2026 at 4:44 p.m. CEST, minus 0.12 percent versus the Xetra close of October 23, 2026 at EUR 24.05. On October 9, 2026, J.P. Morgan analyst David Adlington maintained a Hold rating and a EUR 23.50 price target, as reported by Business Insider.

What does the target imply?

J.P. Morgan's target is EUR 0.52 below the Lang & Schwarz price, equal to 2.16 percent below the current euro price. The rating stayed at Hold, so the latest analyst view points to a valuation level below the October 26 quotation rather than a new positive catalyst.

Results date is November 3

Philips has scheduled publication of its third-quarter 2026 results for November 3, 2026, at 7:00 a.m. CET, followed by a conference call at 10:00 a.m. CET. The date is listed on the company's Philips investor-relations page.

Price position and valuation

The stock's 52-week range is EUR 20.90 to EUR 27.70 as of October 26, 2026. At EUR 24.02, Philips stands 14.93 percent above its yearly low and 13.29 percent below its yearly high. Its market capitalization is EUR 23.5 billion, while the price-to-earnings ratio is 20.77.

Comparison with peers

Philips: minus 0.12 percent, P/E 20.77, market capitalization EUR 23.5 billion. Siemens Healthineers (Xetra, EUR): plus 0.67 percent, P/E 21.33, market capitalization EUR 47.2 billion. GE HealthCare (Nasdaq, USD): plus 0.94 percent, P/E 20.90, market capitalization USD 32.6 billion. The figures are dated October 26, 2026.

Stock remains below yearly high

The upcoming results date gives investors the next scheduled company milestone, while the current valuation sits between the two ends of the yearly range. The analyst target remains below the latest euro quotation.

Philips was trading at EUR 24.02 at Lang & Schwarz on October 26, 2026 at 4:44 p.m. CEST, minus 0.12 percent versus the Xetra close of October 23, 2026 at EUR 24.05. The further course of trading is shown by the continuously updated real-time quote of Philips stock.