Lotus Bakeries stock slips 1.27 percent as Jefferies targets EUR 15,000

Published on 09/23/2026 at 17:30 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Lotus Bakeries stock was at EUR 12,460 on September 23, 2026 after Jefferies set a EUR 15,000 target. First-half revenue rose 14.0 percent to EUR 749.1 million.

Trading-Floor mit großen Bildschirmen und Konsumgüter-Aktiencharts in Brüssel — Börsen-Editorialfoto vom Trading-Floor in Brüssel begleitet die Aktienkursentwicklung von Lotus Bakeries NV BE0003604155, Illustration mit AI erstellt.

Lotus Bakeries stock (ISIN BE0003604155) was trading at EUR 12,460 on Euronext Brussels on September 23, 2026, down 1.27 percent from the previous close. The move follows Jefferies' September 21 initiation with a Buy rating and a EUR 15,000 price target, while the latest company figures show faster profit growth than sales growth.

Jefferies targets EUR 15,000

According to Investing.com on September 21, 2026, Jefferies began coverage at Buy with a EUR 15,000 target. The report linked the view to Biscoff revenue growth above 20 percent in the first half of 2026, compared with a 15 percent ten-year compound annual growth rate.

Jefferies also said Biscoff represented 59 percent of Lotus Bakeries revenue and that United States household penetration doubled to 10 percent in three years. Those figures make brand expansion the central operating argument behind the target, rather than a simple valuation rerating.

Profit growth beats sales growth

Lotus Bakeries published its first-half 2026 results on August 7, 2026. The reported figures show consolidated revenue of EUR 749.1 million, up 14.0 percent from EUR 657.3 million in the first half of 2025, according to Ideal Investisseur.

Underlying EBIT rose 19.4 percent to EUR 131.0 million, lifting the underlying EBIT margin to 17.5 percent from 16.7 percent. Net result increased 23.5 percent to EUR 98.1 million from EUR 79.4 million, so earnings expanded faster than revenue during the period.

Stock stays below yearly high

Lotus Bakeries stock stood EUR 740 below its 52-week high of EUR 13,200 on September 23, 2026. The same market snapshot showed a 52-week low of EUR 7,270 and a market capitalization of EUR 10,127,961,480, placing the current quote 5.6 percent below the yearly high.

For investors, the tension is clear: first-half profit growth and Biscoff expansion support the operating case, while the share price remains close to its yearly peak. The next valuation debate will center on whether the capacity program can convert brand demand into sustained margin growth.