Pandora Shares Look Like Good Value -- Market Talk

Dow Jones
Dec 10, 2025

0915 GMT - Pandora shares still trade on an undemanding valuation multiple, given growth expectations over the next three years, Citi analyst Thomas Chauvet writes. This year has proved challenging, with weaker sentiment and consumption and continued rises in silver prices. These factors have prompted the Danish jeweler to review its product materials strategy for 2026 and rethink pricing architecture. However, Chauvet says sales between 2025 and 2028 are expected to grow at a 6% compound annual growth rate, with EBIT growing 5% and EPS 12%. Delivery of this growth will largely depend on the successful execution of Pandora's strategic shift into a "full jewelry" offering, under the leadership of new CEO Berta de Pablos-Barbier, Citi adds. It retains its buy rating on the stock and 1,105 Danish kroner target price. Shares fall 0.7% to 716.30 kroner. (dominic.chopping@wsj.com)

 

(END) Dow Jones Newswires

December 10, 2025 04:15 ET (09:15 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.

At the request of the copyright holder, you need to log in to view this content

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10