Business · Markets · 3 hrs ago
Puig shares rise 22.4% this year as analysts back the stock
Puig, a Spanish company that sells fragrances, makeup and skin care, has risen 22.4% this year after falling 16.62% in 2025.
It is now the Ibex’s sixth-best-performing stock this year, although its shares remain 25% below their price when it went public in May 2024.
All 19 investment firms that track the company recommend either buying or holding its shares.
Puig reported first-half net profit of €263 million, down 4.4% from the same period in 2025, while adjusted profit rose 5.2% to €260 million.
Its sales increased 2.4% to €2.354 billion.
Puig has agreed to buy Esteve’s remaining 50% stake in skin-care company Isdin for €1.2 billion, giving Puig full ownership.
The company plans to publish third-quarter sales on October 21 and hold an investor strategy event on October 28.
Puig shares have risen 22.4% in 2026, making them the sixth-best performer in Spain’s Ibex index.
All 19 investment firms covering the stock support it, with 13 recommending buying and six advising investors to hold.
Analysts say uncertainty over tariffs imposed by Donald Trump and economic concerns have weighed too heavily on the company.
Puig reported first-half net profit of €263 million, down 4.4% from the same period in 2025, while adjusted net profit rose 5.2% to €260 million.
The company has agreed to buy the remaining 50% of dermatology company Isdin for €1.2 billion.
- Who
- Puig, the Spanish fragrance, fashion and cosmetics group.
- What
- Its shares are up 22.4% this year, and all 19 investment firms covering the stock recommend buying or holding it.
- When
- In 2026, as reported on October 12.
- Where
- On Spain’s Ibex stock index.
- Why
- Analysts support the stock and say it has been penalised too heavily by tariff uncertainty and economic concerns.
This story does not have two clearly opposing sides.
Puig shares fell 16.62%, making the company the Ibex’s worst performer for the year.
Puig debuted on the Spanish stock market at €24.40 a share.
Puig reported net profit of €263 million and adjusted net profit of €260 million.
An Expansión article reported that Puig shares had risen 22.4% this year.
Puig is scheduled to publish its third-quarter sales figures after the market closes.
Puig’s Capital Markets Day is scheduled to take place.
- Share performance
- Up 22.4% in 2026
- Analyst coverage
- 19 firms: 13 recommend buying and six recommend holding
- First-half net profit
- €263 million, down 4.4% year on year
- Adjusted net profit
- €260 million, up 5.2%
- Isdin purchase
- Remaining 50% for €1.2 billion
Sources
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