TD Cowen reiterates Hold for Procter & Gamble stock

Published on 10/02/2026 at 12:03 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Fiscal 2026 revenue rose 3.26 percent to USD 87.03 billion. Procter & Gamble stock was EUR 128.14 on October 2, 2026 versus EUR 128.16.

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Procter & Gamble stock (ISIN US7427181091) was trading at EUR 128.14 at Lang & Schwarz on October 2, 2026 at 12:00 p.m. CEST, minus 0.02 percent versus the prior close of EUR 128.16. MarketBeat reported on October 1, 2026 that TD Cowen reiterated a Hold rating and set a USD 150.00 price target.

Fiscal 2026 delivered measured growth

Procter & Gamble finished fiscal 2026 with revenue of USD 87.03 billion, up 3.26 percent from USD 84.28 billion in fiscal 2025. Net income attributable to common shareholders reached USD 16.05 billion, compared with USD 15.97 billion a year earlier.

The company's investor-relations page reports USD 19.6 billion in operating cash flow for fiscal 2026, up from USD 17.8 billion in fiscal 2025. The combination of higher sales and stronger operating cash flow gives the latest annual figures a more constructive profile than the near-flat share price suggests, although the comparison remains tied to a mature consumer-products business.

Analysts balance income and valuation

MarketBeat said on September 19, 2026 that 13 of 23 research firms rated the stock Buy and 10 rated it Hold, with an average 12-month target of USD 161.55. The consensus target is USD 11.55 above TD Cowen's USD 150.00 target, showing a meaningful spread in expectations even though both figures remain above the latest reported US share price.

The most recent quarter produced adjusted earnings per share of USD 1.43 against a USD 1.41 consensus estimate, while revenue reached USD 21.20 billion and rose 1.50 percent year over year. That earnings comparison was favorable, but the revenue figure fell short of the USD 21.38 billion estimate, leaving sales execution as the clearest test for the next report.

Next results arrive October 22

P&G said on September 24, 2026 that it will webcast its first-quarter fiscal 2027 earnings discussion on October 22, 2026, beginning at 8:30 a.m. ET. That date gives the market a defined checkpoint for testing revenue momentum, cost pressure and the company's fiscal 2027 outlook.

Procter & Gamble was trading at EUR 128.14 at Lang & Schwarz on October 2, 2026 at 12:00 p.m. CEST, minus 0.02 percent versus the Lang & Schwarz prior close of EUR 128.16. The further course of trading is shown by the continuously updated real-time quote of Procter & Gamble stock.