Carlsberg A/S Class B (CARLb)

Currency in DKK
1,000.5
-5.0(-0.50%)
Closed·
CARLb is not included in our AI-picked strategies. See which stocks are.
Fair Value
Day's Range
993.21,006.5
52 wk Range
753.21,015.0
Key Statistics
Prev. Close
1,000.5
Open
1,006
Day's Range
993.2-1,006.5
52 wk Range
753.2-1,015
Volume
235.29K
Average Volume (3m)
222.99K
1-Year Change
30.2734%
Book Value / Share
317.24
Fair Value
unlockUnlock
Fair Value Upside
unlockUnlock
CARLb Scorecardpro icon
Company’s Health
Unlock
Fair Value
Unlock Price
Fair Price
Upside
Price Target
1,057.2
Upside
+5.66%
Members' Sentiments
Bearish
Bullish
ProTips
Short term obligations exceed liquid assets

Carlsberg A/S Class B News & Analysis

Show more

Technical Analysis

Summary
Strong Sell
Sell
Neutral
Buy
Strong Buy
Strong Buy
Technical Indicators
Strong Buy
Moving Averages
Buy

Analyst Ratings

16 Buy
7 Hold
0 Sell
Ratings:
23 analysts
Overall Consensus
Buy

Analysts 12-Month Price Target:

Average 1,057.2
(+5.66% Upside)
Firm
ArticlePositionPrice TargetUpside / DownsideFrom Price TargetActionDate
BofA Securities
Buy1,120.00+11.94%1,090.00MaintainOct 30, 2026
Barclays
Hold920.00-8.05%930.00MaintainOct 30, 2026
Citi
Buy1,070.00+6.95%1,060.00MaintainOct 30, 2026
Kepler Cheuvreux
Hold940.00-6.05%920.00MaintainOct 30, 2026
Deutsche Bank
Buy1,200.00+19.94%1,160.00MaintainOct 30, 2026

Carlsberg A/S Class B Earnings Call Summary for Q3/2026

  • Q3 organic revenue rose 3.0% as soft drinks and premium beer offset mainstream weakness; full-year operating profit guidance of 4-6% reaffirmed.
  • Growth categories now represent 52% of volume, up from 51% in 2025, reflecting strategic shift away from mainstream European beer markets.
  • Asia organic revenue fell 4.6% with China volumes down ~10%; CEEI surged 11.7% while Western Europe grew 2.5% amid mixed regional performance.
  • PepsiCo bottling footprint to expand to 17 markets by 2029 from five in 2024; Kazakhstan insourcing to boost 2027 profits after facility ramp-up.
  • Management expects 2027 cost inflation in aluminum and energy but plans pricing actions to protect margins; leverage nearing 2.5x target by year-end.
Last Updated: 29/10/2026, 10:44
Read Full Transcript

Earnings

Latest Release
Oct 29, 2026
EPS / Forecast
22.86 / 22.74
Revenue / Forecast
25.28B / 25.18B
EPS Revisions
Last 90 days

Dividends

Payout Ratio
Payout ratio (TTM)
Earnings retained
EPS 48.37
Dividend Yield
2.88%
Industry Median 3.46%
Annualised payout
29.00
Paid annually
5-Years Growth
+5.68%
Growth Streak

CARLb Income Statement

Compare CARLb to Peers and Sector

Metrics to compare
CARLb
Peers
Sector
Relationship
P/E Ratio
21.3x20.2x10.7x
PEG Ratio
−0.79−0.130.03
Price/Book
3.2x1.9x1.5x
Price / LTM Sales
1.5x1.9x0.8x
Upside (Analyst Target)
5.7%12.3%25.8%
Fair Value Upside
Unlock17.5%14.3%Unlock

Carlsberg A/S produces and markets beer, soft drinks, and other beverage products in Western Europe, Asia, Central and Eastern Europe, India, and internationally. The company was founded in 1847 and is headquartered in Copenhagen, Denmark.

Industry
Beverages
Employees
36527
Market
Denmark

Ownership

Ownership Overview

Type
Common Stock Held% of Shares OutstandingMarket Value
Mutual Funds & ETFs
41.65M31.52%41.88B
Other Institutional Investors
-403.93K-0.31%-406.16M
Public Companies & Retail Investors
90.92M68.79%91.42B
Total
132.17M100.00%132.9B

Top Holders

Holder
% of holding
Shares Held
Date Reported
Value (In 1,000s)
Capital Research and Management Company5.47%7,231,0527,270,823
Vanguard Capital Management, LLC2.82%3,721,4333,741,901

People Also Watch

30.310
REP
+1.13%
270.2
NOVOb
-0.04%
56.300
ITX
-2.09%
22,600
MAERSKb
-1.74%
3,719.0
GMAB
+0.57%

FAQ

What Is the Carlsberg B (CARLb) Stock Price Today?

The Carlsberg B stock price today is 1,000.5 DKK.

What Stock Exchange Does Carlsberg B Trade On?

Carlsberg B is listed and trades on the Copenhagen Stock Exchange.

What Is the Stock Symbol for Carlsberg B?

The stock symbol for Carlsberg B is "CARLb."

What Is the Carlsberg B Market Cap?

As of today, Carlsberg B market cap is 136.25B DKK.

What Is Carlsberg B's Earnings Per Share (TTM)?

The Carlsberg B EPS (TTM) is 48.37.

When Is the Next Carlsberg B Earnings Date?

Carlsberg B will release its next earnings report on Feb 09, 2027.

From a Technical Analysis Perspective, Is CARLb a Buy or Sell?

Based on moving averages and other technical indicators, the daily buy/sell signal is Strong Buy.

How Many Times Has Carlsberg B Stock Split?

Carlsberg B has split 2 times.

How Many Employees Does Carlsberg B Have?

Carlsberg B has 36527 employees.

What is the current trading status of Carlsberg B (CARLb)?

As of Nov 03, 2026, Carlsberg B (CARLb) is trading at a price of 1,000.5 DKK, with a previous close of 1,000.5 DKK. The stock has fluctuated within a day range of 993.2 DKK to 1,006.5 DKK, while its 52-week range spans from 753.2 DKK to 1,015.0 DKK.

What Is Carlsberg B (CARLb) Price Target According to Analysts?

The average 12-month price target for Carlsberg B is 1,057.2 DKK, with a high estimate of 1550 DKK and a low estimate of 880 DKK. 16 analysts recommend buying the stock, while 0 suggest selling, leading to an overall rating of Buy. The stock has an +5.66% Upside potential.
Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers
© 2007-2026 - Fusion Media Limited. All Rights Reserved.