Pandora Under Pressure From Slowing Sales and Surging Silver Price -- Market Talk

Dow Jones

Jan 22

1048 GMT - Pandora's stock is under increasing pressure from slowing like-for-like sales momentum and extreme silver price inflation, Citi analyst Thomas Chauvet writes. Silver price has more than tripled in the last 12 months while around 25% of the company's 2026 and 2027 silver requirement is still unhedged, he says. "Near-term visibility has diminished considerably." The unsustainable precious metals market has forced management to accelerate product innovation, planning a more affordable blended metals offering for late 2026. However, critical questions remain about the execution of this shift, Chauvet adds. The bank downgrades the stock to neutral from buy and lowers its target price to 574 Danish kroner from 1,032 kroner. Shares fall 1.6% to 509 kroner. (dominic.chopping@wsj.com)

(END) Dow Jones Newswires

January 22, 2026 05:49 ET (10:49 GMT)

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

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/news/2605467266"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2605467266\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2605467266?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-01-22 18:49","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2605467266","market":"nz","top_or_hot":-1,"title":"Pandora Under Pressure From Slowing Sales and Surging Silver Price -- Market Talk","media":"Dow Jones","content":"<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     1048 GMT - Pandora's stock is under increasing pressure from slowing like-for-like sales momentum and extreme silver price inflation, Citi analyst Thomas Chauvet writes. Silver price has more than tripled in the last 12 months while around 25% of the company's 2026 and 2027 silver requirement is still unhedged, he says. \"Near-term visibility has diminished considerably.\" The unsustainable precious metals market has forced management to accelerate product innovation, planning a more affordable blended metals offering for late 2026. However, critical questions remain about the execution of this shift, Chauvet adds. The bank downgrades the stock to neutral from buy and lowers its target price to 574 Danish kroner from 1,032 kroner. Shares fall 1.6% to 509 kroner. (dominic.chopping@wsj.com) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  January 22, 2026 05:49 ET (10:49 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Pandora Under Pressure From Slowing Sales and Surging Silver Price -- Market Talk</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nPandora Under Pressure From Slowing Sales and Surging Silver Price -- Market Talk\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2026-01-22 18:49</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     1048 GMT - Pandora's stock is under increasing pressure from slowing like-for-like sales momentum and extreme silver price inflation, Citi analyst Thomas Chauvet writes. Silver price has more than tripled in the last 12 months while around 25% of the company's 2026 and 2027 silver requirement is still unhedged, he says. \"Near-term visibility has diminished considerably.\" The unsustainable precious metals market has forced management to accelerate product innovation, planning a more affordable blended metals offering for late 2026. However, critical questions remain about the execution of this shift, Chauvet adds. The bank downgrades the stock to neutral from buy and lowers its target price to 574 Danish kroner from 1,032 kroner. Shares fall 1.6% to 509 kroner. (dominic.chopping@wsj.com) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  January 22, 2026 05:49 ET (10:49 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"PNDRY","symbol_name":"Pandora A/S","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2605467266","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2605467266","pubTimestamp":1769078940,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"1048 GMT - Pandora's stock is under increasing pressure from slowing like-for-like sales momentum and extreme silver price inflation, Citi analyst Thomas Chauvet writes. Silver price has more than tripled in the last 12 months while around 25% of the company's 2026 and 2027 silver requirement is still unhedged, he says. \"Near-term visibility has diminished considerably.\" The unsustainable precious metals market has forced management to accelerate product innovation, planning a more affordable blended metals offering for late 2026. However, critical questions remain about the execution of this shift, Chauvet adds. The bank downgrades the stock to neutral from buy and lowers its target price to 574 Danish kroner from 1,032 kroner. Shares fall 1.6% to 509 kroner. ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"PNDRY":"Pandora A/S","BK4202":"服装、服饰与奢侈品"},"translate_title":"潘多拉面临销售放缓和银价飙升的压力——市场讨论","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"PNDRY":0.9},"content_text":"1048 GMT - Pandora's stock is under increasing pressure from slowing like-for-like sales momentum and extreme silver price inflation, Citi analyst Thomas Chauvet writes. Silver price has more than tripled in the last 12 months while around 25% of the company's 2026 and 2027 silver requirement is still unhedged, he says. \"Near-term visibility has diminished considerably.\" The unsustainable precious metals market has forced management to accelerate product innovation, planning a more affordable blended metals offering for late 2026. However, critical questions remain about the execution of this shift, Chauvet adds. The bank downgrades the stock to neutral from buy and lowers its target price to 574 Danish kroner from 1,032 kroner. Shares fall 1.6% to 509 kroner. (dominic.chopping@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  January 22, 2026 05:49 ET (10:49 GMT)\n\n\n  Copyright (c) 2026 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"dataReport","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}