Want to see FR:BN full AI Analyst Report?
Top Page
DANONE SA
(BN)
Select Model
Select Model
Rating:62Neutral
Price Target:
€65.00
▲(0.46% Upside)
Action:Reiterated
Date:08/06/26
The score is primarily supported by solid cash generation and manageable leverage, which are important strengths for a defensive packaged foods business. This is tempered by weak recent revenue momentum and uneven profitability, and by softer technical signals (negative MACD and sub-50 RSI). Valuation is reasonable but not compelling given the P/E, with the ~3.33% dividend yield providing some offset.
Positive Factors
Cash Generation
Consistently strong operating and free cash flow indicates that Danone’s core branded-food operations convert earnings into internally generated funds. This supports investment in innovation, marketing and capacity while also improving resilience through downturns and reducing reliance on external financing.
Negative Factors
Weak Revenue Momentum
The sharp latest-period revenue decline, following several years of limited top-line expansion, signals a weak growth profile that could constrain operating leverage. Persistent difficulty growing sales may limit Danone’s ability to offset costs, fund brand investment and expand earnings sustainably.
Read all positive and negative factors
Positive Factors
Negative Factors
Cash Generation
Consistently strong operating and free cash flow indicates that Danone’s core branded-food operations convert earnings into internally generated funds. This supports investment in innovation, marketing and capacity while also improving resilience through downturns and reducing reliance on external financing.
Read all positive factors
DANONE SA (BN) vs. iShares MSCI France ETF (EWQ)
Market Cap
€39.57B
Dividend Yield3.65%
Average Volume (3M)1.37M
Price to Earnings (P/E)20.2
Beta (1Y)0.22
Revenue Growth0.46%
EPS Growth6.19%
CountryFR
Employees88,670
SectorGeneral
Sector StrengthN/A
IndustryPackaged Foods
Share Statistics
EPS (TTM)3.05
Shares Outstanding683,337,160
10 Day Avg. Volume1,316,498
30 Day Avg. Volume1,368,929
Financial Highlights & Ratios
PEG Ratio-2.75
Price to Book (P/B)2.92
Price to Sales (P/S)1.81
P/FCF Ratio18.13
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
€79.29Price Target Upside22.54% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering8
EPS Forecast (FY)3.94
Revenue Forecast (FY)€28.15B
DANONE SA Business Overview & Revenue Model
Company Description
Danone S.A. is a major company within the food and beverage industry, conducting its operations across various global regions including Europe, North America (Noram), Latin America, Asia Pacific, Africa, and the Middle East. The company's business...
How the Company Makes Money
Danone makes money by manufacturing and selling branded food and beverage products, with revenue recognized primarily from the sale of finished goods to retailers, distributors, and other customers. Its key revenue streams include: (1) Essential D...
DANONE SA Financial Statement Overview
Summary
Income Statement
62
Positive
Balance Sheet
66
Positive
Cash Flow
72
Positive
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 27.48B | 27.28B | 27.38B | 27.62B | 27.66B | 24.28B |
| Gross Profit | 12.08B | 13.81B | 13.61B | 13.08B | 12.74B | 11.52B |
| EBITDA | 4.39B | 4.39B | 4.68B | 5.10B | 5.25B | 4.60B |
| Net Income | 1.96B | 1.82B | 2.02B | 881.00M | 959.00M | 1.92B |
Balance Sheet | ||||||
| Total Assets | 48.62B | 45.07B | 45.29B | 44.49B | 45.28B | 45.42B |
| Cash, Cash Equivalents and Short-Term Investments | 8.34B | 6.57B | 6.16B | 6.00B | 4.68B | 5.86B |
| Total Debt | 17.43B | 15.12B | 14.19B | 15.60B | 14.16B | 16.21B |
| Total Liabilities | 30.93B | 28.10B | 27.44B | 28.26B | 27.29B | 28.05B |
| Stockholders Equity | 17.61B | 16.92B | 17.80B | 16.18B | 17.92B | 17.27B |
Cash Flow | ||||||
| Free Cash Flow | 2.42B | 2.72B | 2.91B | 2.60B | 2.09B | 2.43B |
| Operating Cash Flow | 3.52B | 3.78B | 3.83B | 3.44B | 2.96B | 3.47B |
| Investing Cash Flow | -1.77B | -1.77B | -463.00M | -834.00M | -749.00M | 561.00M |
| Financing Cash Flow | -1.74B | -1.61B | -3.82B | -1.94B | -1.93B | -4.03B |
DANONE SA Technical Analysis
Neutral
64.70
Price Trends
61.80
Positive
65.65
Negative
65.92
Negative
Market Momentum
0.13
Negative
56.36
Neutral
91.96
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For FR:BN, the sentiment is Neutral. The current price of 64.7 is above the 20-day moving average (MA) of 59.88, above the 50-day MA of 61.80, and below the 200-day MA of 65.92, indicating a neutral trend. The MACD of 0.13 indicates Negative momentum. The RSI at 56.36 is Neutral, neither overbought nor oversold. The STOCH value of 91.96 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for FR:BN.
DANONE SA Peers Comparison
UnderperformOutperform
Sector (55)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
67 Neutral | €3.71B | 11.29 | 12.95% | 2.17% | 15.18% | 31.78% | |
62 Neutral | €39.57B | 20.20 | 11.34% | 3.65% | 0.46% | 6.19% | |
56 Neutral | €98.62M | 10.17 | 7.40% | 14.32% | 4.46% | 133.27% | |
56 Neutral | €768.04M | 9.74 | 4.13% | 2.50% | -1.53% | -12.97% | |
55 Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% | |
47 Neutral | €272.36M | 18.02 | -3.09% | 2.95% | -0.80% | ― |
* General Sector Average
FR:BN
DANONE SA
61.62
-13.81
-18.31%
FR:BON
Bonduelle
8.47
-0.22
-2.50%
FR:ALFLE
Fleury Michon
23.60
-0.32
-1.36%
FR:LOUP
Societe LDC Societe Anonyme
103.60
12.38
13.57%
FR:SAVE
Savencia
56.00
-4.62
-7.62%
FR:ALMER
Sapmer SA
4.80
-1.35
-21.95%
DANONE SA Corporate Events
Danone Updates Share Capital and Voting Rights Structure
Oct 7, 2026
Danone has disclosed updated information on its share capital and voting rights as of September 30, 2026, reporting 683,337,177 shares outstanding. The company detailed 723,250,283 theoretical voting rights and 684,008,600 exercisable voting right...
Danone Reaffirms 2026 Growth Targets as Portfolio Shifts Boost Global Momentum
Oct 1, 2026
Danone SA is a global food and beverage company focused on dairy and plant-based products, Specialized Nutrition, and Waters, with leading brands such as Volvic, evian and Aptamil across Europe, the Americas and Asia Pacific. Its portfolio increas...
Danone Raises €1.5 Billion in Multi-Tranche Bond to Bolster Financial Flexibility
Sep 21, 2026
Danone has completed a three-tranche bond issue totaling €1.5 billion, comprising 18‑month, 5‑year and 9‑year maturities with both floating and fixed coupons. The bonds, rated investment grade by Standard Poor’s and ...
Danone Updates Share Capital and Voting Rights Structure as of August 2026
Sep 14, 2026
Danone has reported an updated count of its share capital and corresponding voting rights as of August 31, 2026, disclosing 683,337,177 shares outstanding. The company detailed both theoretical and exercisable voting rights, in line with French co...
Danone Completes Acquisition of Huel to Expand Functional Nutrition Reach
Sep 4, 2026
Danone has completed the acquisition of Huel, integrating the meal-replacement pioneer’s nutritionally complete, plant-based product range into its functional nutrition portfolio from September 1, 2026. The deal combines Huel’s direct-...
Danone Updates Share Capital and Voting Rights Structure
Aug 7, 2026
Danone has disclosed updated information on its share capital and voting rights as of July 31, 2026, reporting 683,337,177 shares outstanding. The company detailed 723,266,619 theoretical voting rights used for regulatory threshold calculations an...
Danone and Arcor Seal Argentine Dairy Joint Venture to Boost Market Reach
Aug 3, 2026
Danone and Argentine food group Arcor have completed the formation of a new joint venture that combines Danone’s dairy operations in Argentina, long-time local partner Mastellone Hermanos and their shared logistics arm Logistica La Seren...
Danone Posts 2026 Half-Year Financial Report Online for Investors
Jul 29, 2026
Danone has published its interim financial report for the first half of 2026, covering performance as of June 30 and making the document available online to investors and other stakeholders. The release supports transparency around the progress of...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.