Michelin stock trades at EUR 33.47 as volume reaches 19.8 percent of average
Published on 10/09/2026 at 16:04 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSKey points in brief
- Michelin stock was EUR 33.47 at Lang & Schwarz on October 9, 2026, up 0.69 percent versus EUR 33.24.
- Trading volume reached 294,446 shares, equal to 19.8 percent of the 1,485,992-share average.
- The market capitalization was EUR 22.7 billion and the next sales update is scheduled for October 20, 2026.
Michelin stock (FR001400AJ45) was trading at EUR 33.47 at Lang & Schwarz on October 9, 2026 at 4:01 p.m. CEST. The price was up 0.69 percent versus the Lang & Schwarz prior close of EUR 33.24, while trading volume reached 294,446 shares at 3:48 p.m. CEST, equal to 19.8 percent of the 1,485,992-share average.
Volume remains below average
The volume comparison places the session at less than one-fifth of the average activity supplied for Michelin. That makes the price level more useful than the turnover figure for describing the session, with the stock still close to the upper part of its yearly range.
Range leaves room to yearly high
Michelin traded within a 52-week range of EUR 25.51 to EUR 35.72 as of October 9, 2026. At EUR 33.47, the stock stood 6.30 percent below the EUR 35.72 high, while the EUR 7.96 gap above the low represented a 31.36 percent difference from EUR 25.51.
The market capitalization was EUR 22.7 billion on October 9, 2026. Michelin's price-to-earnings ratio was 14.76, giving the valuation paragraph a separate frame from the day's modest 0.69 percent move.
Comparison with peers
Michelin: plus 0.69 percent, P/E 14.76, market capitalization EUR 22.7 billion
Bridgestone (TSE, JPY): plus 0.80 percent, P/E 12.08, market capitalization JPY 4.9 trillion
Continental (Xetra, EUR): plus 2.29 percent, P/E minus 52.57, market capitalization EUR 13.9 billion
Targets and the next date
wallstreetONLINE reported on October 5, 2026 that JPMorgan maintained its Overweight rating and EUR 42.00 target for Michelin. The target lies 25.49 percent above the Lang & Schwarz price of EUR 33.47.
Michelin's investor calendar lists the third-quarter and nine-month sales update for October 20, 2026, according to the company's investor-relations page. That date is the next scheduled company checkpoint for the stock.
Price holds above prior close
At Lang & Schwarz, Michelin was trading at EUR 33.47 on October 9, 2026 at 4:01 p.m. CEST, plus 0.69 percent versus the prior close of EUR 33.24. The combination of a 6.30 percent distance below the yearly high and 19.8 percent of average volume describes a contained session rather than a high-turnover repricing.
The further course of trading is shown by the continuously updated real-time quote of Michelin stock.
Michelin stock facts
- Company: Compagnie Générale des Établissements Michelin Société en commandite par actions
- ISIN: FR001400AJ45
- Ticker: ML.PA
- Price Lang & Schwarz (as of October 9, 2026, 4:01 p.m. CEST): EUR 33.47
- Change versus prior close: plus 0.69 percent
- Prior close Lang & Schwarz (October 8, 2026): EUR 33.24
- Market capitalization: EUR 22.7 billion (as of October 9, 2026)
- 52-week range: EUR 25.51-35.72 (as of October 9, 2026)
- Next earnings date: October 20, 2026
Market context: Market report CAC 40.
