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Chocoladefabriken Lindt & Sprüngli AGSWX:LISN Stock Report

Market Cap CHF 21.5b
Share Price
CHF 94.70k
CHF 116.83k
18.9% undervalued intrinsic discount
1Y-26.6%
7D-1.8%
1D
Portfolio Value
View

Chocoladefabriken Lindt & Sprüngli AG

SWX:LISN Stock Report

Market Cap: CHF 21.5b

Chocoladefabriken Lindt & Sprüngli (LISN) Stock Overview

Engages in the development, manufacture, and sale of chocolate products worldwide. More details

LISN fundamental analysis
Snowflake Score
Valuation2/6
Future Growth2/6
Past Performance4/6
Financial Health5/6
Dividends3/6

LISN Community Fair Values

Create Narrative

See what 22 others think this stock is worth. Follow their fair value or set your own to get alerts.

Chocoladefabriken Lindt & Sprüngli AG Competitors

Price History & Performance

Summary of share price highs, lows and changes for Chocoladefabriken Lindt & Sprüngli
Historical stock prices
Current Share PriceCHF 94,700.00
52 Week HighCHF 134,800.00
52 Week LowCHF 94,000.00
Beta0.46
1 Month Change-6.14%
3 Month Change-23.51%
1 Year Change-26.59%
3 Year Change-14.53%
5 Year Change2.49%
Change since IPO3,606.46%

Recent News & Updates

Narrative Update May 26

LISN: Premium Brand Strength And Cocoa Cost Relief Will Support Re Rating

Analysts have trimmed their price expectations for Chocoladefabriken Lindt & Sprüngli, with recent targets moving to a range of about CHF 100,000 to CHF 108,000, as they see a more balanced risk reward after the stock's de rating and as they factor in updated views on cocoa prices and category inflation. Analyst Commentary Recent street research paints a mixed but increasingly balanced picture for Chocoladefabriken Lindt & Sprüngli, with several firms revisiting ratings and targets as cocoa price expectations and category inflation assumptions are updated.
Narrative Update Apr 25

LISN: Reset Street Downgrades Will Test Premium Margin And Dividend Resilience

The analyst price target for Chocoladefabriken Lindt & Sprüngli has been adjusted slightly lower to CHF 116,834 from CHF 117,022, reflecting analysts' updated views on premium valuation and cocoa price trends after a series of target cuts and downgrades across the Street. Analyst Commentary Recent Street research has leaned more cautious on Chocoladefabriken Lindt & Sprüngli, with several price targets reset lower and a series of downgrades pointing to concerns about how the premium valuation holds up against changing cocoa price trends.
Narrative Update Apr 09

LISN: Premium Brand Strength And Margin Gains Will Support Future Re Rating

Analysts have trimmed their price targets on Chocoladefabriken Lindt & Sprüngli, with recent cuts to around CHF 100,000 to CHF 108,500. This reflects a more cautious stance on the stock's premium valuation, despite an unchanged fundamental fair value estimate.
Narrative Update Mar 26

LISN: Reset Street Expectations Will Test Premium Margin Guidance And Dividend Support

The analyst price target for Chocoladefabriken Lindt & Sprüngli has been revised down to about CHF 117,000 from roughly CHF 120,700, reflecting analysts' more cautious assumptions on revenue growth, profit margins and discount rates after several recent target cuts and downgrades across the Street. Analyst Commentary Recent Street research on Chocoladefabriken Lindt & Sprüngli points to a clear reset in expectations, with several high profile firms trimming price targets and shifting to more cautious ratings.

Recent updates

Narrative Update May 26

LISN: Premium Brand Strength And Cocoa Cost Relief Will Support Re Rating

Analysts have trimmed their price expectations for Chocoladefabriken Lindt & Sprüngli, with recent targets moving to a range of about CHF 100,000 to CHF 108,000, as they see a more balanced risk reward after the stock's de rating and as they factor in updated views on cocoa prices and category inflation. Analyst Commentary Recent street research paints a mixed but increasingly balanced picture for Chocoladefabriken Lindt & Sprüngli, with several firms revisiting ratings and targets as cocoa price expectations and category inflation assumptions are updated.
Narrative Update Apr 25

LISN: Reset Street Downgrades Will Test Premium Margin And Dividend Resilience

The analyst price target for Chocoladefabriken Lindt & Sprüngli has been adjusted slightly lower to CHF 116,834 from CHF 117,022, reflecting analysts' updated views on premium valuation and cocoa price trends after a series of target cuts and downgrades across the Street. Analyst Commentary Recent Street research has leaned more cautious on Chocoladefabriken Lindt & Sprüngli, with several price targets reset lower and a series of downgrades pointing to concerns about how the premium valuation holds up against changing cocoa price trends.
Narrative Update Apr 09

LISN: Premium Brand Strength And Margin Gains Will Support Future Re Rating

Analysts have trimmed their price targets on Chocoladefabriken Lindt & Sprüngli, with recent cuts to around CHF 100,000 to CHF 108,500. This reflects a more cautious stance on the stock's premium valuation, despite an unchanged fundamental fair value estimate.
Narrative Update Mar 26

LISN: Reset Street Expectations Will Test Premium Margin Guidance And Dividend Support

The analyst price target for Chocoladefabriken Lindt & Sprüngli has been revised down to about CHF 117,000 from roughly CHF 120,700, reflecting analysts' more cautious assumptions on revenue growth, profit margins and discount rates after several recent target cuts and downgrades across the Street. Analyst Commentary Recent Street research on Chocoladefabriken Lindt & Sprüngli points to a clear reset in expectations, with several high profile firms trimming price targets and shifting to more cautious ratings.
Narrative Update Mar 12

LISN: Premium Brand And Margin Outlook Will Support Future Re Rating

We trim our fair value estimate for Chocoladefabriken Lindt & Sprüngli to CHF 137,000 from CHF 144,624, reflecting a series of lower analyst price targets in the CHF 100,000 to CHF 108,500 range as they reassess the stock's premium valuation against recent cocoa price moves and updated margin expectations. Analyst Commentary Recent Street research has tilted cautious, with several high profile houses revisiting their assumptions on Chocoladefabriken Lindt & Sprüngli as cocoa markets and margin expectations are reassessed.
Narrative Update Feb 25

LISN: Brand Strength Will Support Margin Expansion Despite Recent Barclays Downgrade

Analysts have trimmed their CHF price target on Chocoladefabriken Lindt & Sprüngli slightly to around CHF 144,624 from about CHF 144,654, reflecting updated assumptions for revenue growth and profit margins after recent research commentary, including the latest downgrade at Barclays. Analyst Commentary Recent research has led to only a marginal adjustment in the CHF price target for Chocoladefabriken Lindt & Sprüngli, which suggests that core views on the company remain largely intact.
Narrative Update Feb 11

LISN: Premium Brand Strength Will Support Margin Expansion Guidance Ahead

Analysts have trimmed their price target for Chocoladefabriken Lindt & Sprüngli to CHF 144,653.80 from CHF 147,000, citing updated assumptions around discount rates, revenue growth and profit margins following recent research, including the Barclays downgrade. Analyst Commentary While the recent revision in the price target reflects more conservative assumptions, some bullish analysts still point to areas where they see room for the valuation to hold up if the company continues to execute on its core strengths.
Narrative Update Jan 26

LISN: Stable Outlook Will Test Margin Guidance After Recent Barclays Downgrade

Analysts have maintained their price target for Chocoladefabriken Lindt & Sprüngli at CHF 105,000, citing only modest adjustments to assumptions for revenue growth and profit margin following recent research, including a downgrade at Barclays that has increased attention on the stock's valuation and earnings power. Analyst Commentary Bearish analysts are using the recent downgrade as a moment to reset expectations around Chocoladefabriken Lindt & Sprüngli, especially in light of the CHF 105,000 price target being held steady despite updated research work.
Narrative Update Jan 12

LISN: Stable Outlook Will Face Risk From Modest Margin Refinements

Analysts have maintained their price target for Chocoladefabriken Lindt & Sprüngli at CHF 105,000. They cite slightly revised assumptions for revenue growth of 6.62% and a profit margin of 12.78%, while keeping the discount rate unchanged.
Analysis Article Dec 26

Here's Why Chocoladefabriken Lindt & Sprüngli (VTX:LISN) Can Manage Its Debt Responsibly

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Narrative Update Dec 14

LISN Will Reflect Resilient Premium Demand Amid Elevated Market Expectations

Analysts have raised their price target for Chocoladefabriken Lindt & Sprüngli from CHF 97,000 to CHF 105,000, citing stronger than expected chocolate market data, slightly higher long term revenue growth expectations, modestly improved profit margins, and a marginally higher discount rate. Analyst Commentary Recent research updates have highlighted a more balanced stance on Chocoladefabriken Lindt & Sprüngli, with some upward revisions to price targets reflecting resilient demand in the premium chocolate category.
Analysis Article Nov 20

Returns On Capital Are Showing Encouraging Signs At Chocoladefabriken Lindt & Sprüngli (VTX:LISN)

Finding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...
Analysis Article Nov 02

Calculating The Intrinsic Value Of Chocoladefabriken Lindt & Sprüngli AG (VTX:LISN)

Key Insights Using the 2 Stage Free Cash Flow to Equity, Chocoladefabriken Lindt & Sprüngli fair value estimate is...
Analysis Article Oct 15

Chocoladefabriken Lindt & Sprüngli AG's (VTX:LISN) Popularity With Investors Is Under Threat From Overpricing

With a price-to-earnings (or "P/E") ratio of 46x Chocoladefabriken Lindt & Sprüngli AG ( VTX:LISN ) may be sending very...
Narrative Update Sep 27

Retail And Emerging Market Expansion Will Secure Premium Chocolate Future

Analysts have raised their price targets for Chocoladefabriken Lindt & Sprüngli, citing stronger-than-expected sector data and robust near-term sales momentum, resulting in an upward revision of the consensus fair value from CHF118,937 to CHF120,706. Analyst Commentary Bullish analysts cite significantly stronger-than-expected recent market data for the chocolate sector.
Analysis Article Sep 09

Here's Why Chocoladefabriken Lindt & Sprüngli (VTX:LISN) Can Manage Its Debt Responsibly

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Narrative Update Sep 05

Retail And Emerging Market Expansion Will Secure Premium Chocolate Future

With Lindt & Sprüngli’s key metrics—including net profit margin and revenue growth forecasts—remaining stable, analyst price targets have also held steady at CHF118,937. What's in the News Raised FY2025 organic sales growth guidance to 9%–11% (from 7%–9%).
Analysis Article Aug 09

Chocoladefabriken Lindt & Sprüngli (VTX:LISN) Might Have The Makings Of A Multi-Bagger

If you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...
Analysis Article Jul 14

Pinning Down Chocoladefabriken Lindt & Sprüngli AG's (VTX:LISN) P/E Is Difficult Right Now

With a price-to-earnings (or "P/E") ratio of 45.3x Chocoladefabriken Lindt & Sprüngli AG ( VTX:LISN ) may be sending...
Analysis Article Jun 25

Calculating The Fair Value Of Chocoladefabriken Lindt & Sprüngli AG (VTX:LISN)

Key Insights Using the 2 Stage Free Cash Flow to Equity, Chocoladefabriken Lindt & Sprüngli fair value estimate is...
User avatar
New Narrative Mar 09

Expansion Into Emerging Markets And Sustainability Efforts Will Strengthen Future Brand Appeal

Expansion into emerging markets and premiumization trends are expected to drive significant revenue growth due to increased demand for premium chocolate.

Shareholder Returns

LISNCH FoodCH Market
7D-1.8%0.8%0.6%
1Y-26.6%-9.6%9.2%

Return vs Industry: LISN underperformed the Swiss Food industry which returned -9.6% over the past year.

Return vs Market: LISN underperformed the Swiss Market which returned 9.2% over the past year.

Price Volatility

Is LISN's price volatile compared to industry and market?
LISN volatility
LISN Average Weekly Movement4.0%
Food Industry Average Movement4.1%
Market Average Movement4.5%
10% most volatile stocks in CH Market8.2%
10% least volatile stocks in CH Market2.4%

Stable Share Price: LISN has not had significant price volatility in the past 3 months compared to the Swiss market.

Volatility Over Time: LISN's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
184514,747Adalbert Lechnerwww.lindt-spruengli.com

Chocoladefabriken Lindt & Sprüngli AG, together with its subsidiaries, engages in the development, manufacture, and sale of chocolate products worldwide. The company sells its products under the Lindt, Ghirardelli, Russell Stover, Whitman’s, Caffarel, Hofbauer and Küfferle, and Pangburn’s, Gold Bunny, and Lindor brands. It serves customers through a network of distributors, as well as through own stores.

Chocoladefabriken Lindt & Sprüngli AG Fundamentals Summary

How do Chocoladefabriken Lindt & Sprüngli's earnings and revenue compare to its market cap?
LISN fundamental statistics
Market capCHF 21.55b
Earnings (TTM)CHF 727.20m
Revenue (TTM)CHF 5.95b
30.0x
P/E Ratio
3.7x
P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
LISN income statement (TTM)
RevenueCHF 5.95b
Cost of RevenueCHF 2.21b
Gross ProfitCHF 3.74b
Other ExpensesCHF 3.01b
EarningsCHF 727.20m

Last Reported Earnings

Dec 31, 2025

Next Earnings Date

Jul 21, 2026

Earnings per share (EPS)3.16k
Gross Margin62.78%
Net Profit Margin12.22%
Debt/Equity Ratio25.0%

How did LISN perform over the long term?

See historical performance and comparison

Dividends

1.9%
Current Dividend Yield
57%
Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/06/01 05:19
End of Day Share Price 2026/06/01 00:00
Earnings2025/12/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Chocoladefabriken Lindt & Sprüngli AG is covered by 29 analysts. 16 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Andreas von ArxBaader Helvea Equity Research
Warren AckermanBarclays
Fulvio CazzolBerenberg