Pandora A/S

CPSE:PNDORA Stock Report

Market Cap: DKK 38.6b

Pandora Management

Management criteria checks 2/4

We currently do not have sufficient information about the CEO.

Key information

Berta De Pablos-Barbier

Chief executive officer

n/a

Total compensation

CEO salary percentagen/a
CEO tenureless than a year
CEO ownershipn/a
Management average tenure3.3yrs
Board average tenure6.2yrs

Recent management updates

Recent updates

Narrative Update May 14

PNDORA: Higher 2026 Dividend And Stable Margins Will Support Bullish Repricing

Pandora's analyst price target has shifted from about DKK1,063 to roughly DKK1,015. Analysts point to updated views on discount rates, revenue growth, profit margins and future P/E assumptions as the key drivers of this recalibration.
Analysis Article May 08

Pandora A/S (CPH:PNDORA) Just Released Its First-Quarter Earnings: Here's What Analysts Think

Shareholders of Pandora A/S ( CPH:PNDORA ) will be pleased this week, given that the stock price is up 12% to kr.541...
Narrative Update Apr 28

PNDORA: Higher Future P/E Will Sustain Cautious View On Earnings Quality

Analysts have kept Pandora's DKK 365.00 price target unchanged, citing relatively stable assumptions for discount rate, revenue growth, profit margin and future P/E as the basis for maintaining their view. What's in the News Pandora A/S approved an amendment to article 7.3 of its Articles of Association at the AGM held on 11 March 2026, following an earlier proposal ahead of the meeting (AGM documents).
Narrative Update Apr 14

PNDORA: Higher Future P/E Assumptions Will Sustain Cautious Stance On Earnings Multiple

Pandora's analyst price target has shifted from DKK 340 to DKK 365, with analysts citing adjusted assumptions for revenue growth, discount rate, profit margin and future P/E to support the new view. What's in the News Pandora shareholders approved an amendment to article 7.3 of the Articles of Association at the AGM held on 11 March 2026, updating the company bylaws (AGM 11 March 2026).
Narrative Update Mar 31

PNDORA: Elevated EBIT Margin Expectations Will Sustain Cautious View On Earnings Multiple

Pandora's analyst price target remains at DKK 340, with analysts pointing to slightly adjusted assumptions around discount rate, revenue growth, profit margin and future P/E as justification for keeping the target unchanged. What's in the News Pandora's AGM held on 11 March 2026 approved an amendment to article 7.3 of the Articles of Association, following an earlier proposal ahead of the meeting (company AGM documentation).
Narrative Update Mar 17

PNDORA: Lower Margin Guidance Will Drive Cautious Expectations For Future Earnings Multiple

Pandora's analyst price target has shifted from DKK 510 to DKK 340, with analysts citing updated assumptions for revenue growth, profit margins, discount rate and future P/E as the key drivers of this change. What's in the News Pandora A/S announced preliminary results for Q4 and full year 2025, with expected Q4 revenue of DKK 11.9b and operating profit of DKK 4.0b, and full year 2025 revenue of DKK 32.5b and operating profit of DKK 7.8b, with group EBIT margin for 2025 expected to be around 24% (Key Developments).
Narrative Update Mar 03

PNDORA: Strong Dividend Outlook And Solid Margins Will Support Bullish Repricing

Analysts have trimmed their price target for Pandora from DKK 1,110 to DKK 1,063 as they factor in a slightly higher discount rate, more cautious revenue growth assumptions, a lower profit margin outlook, and a reduced future P/E multiple. What's in the News Pandora has proposed amending article 7.3 of its Articles of Association at the AGM scheduled for 11 March 2026, which could affect how certain corporate decisions are governed (Key Developments).
Narrative Update Feb 16

PNDORA: Dividend Growth And Strong Margins Will Sustain Confidence Beyond 2025

Analysts have trimmed their price target on Pandora from DKK 962.71 to DKK 636.56. This reflects updated views on fair value, discount rate, revenue growth, profit margin and future P/E assumptions.
Analysis Article Feb 09

Pandora (CPH:PNDORA) Is Increasing Its Dividend To DKK22.00

Pandora A/S ( CPH:PNDORA ) has announced that it will be increasing its dividend from last year's comparable payment on...
Narrative Update Feb 02

PNDORA: Strong 2025 EBIT Margin Guidance Will Underpin Bullish Repricing

Analysts have adjusted their price target for Pandora from €1,570 to about €1,110. This reflects updated assumptions for fair value, a higher discount rate, more moderate revenue growth, slightly lower profit margins, and a modestly higher future P/E multiple.
Analysis Article Jan 20

The Market Doesn't Like What It Sees From Pandora A/S' (CPH:PNDORA) Earnings Yet As Shares Tumble 26%

To the annoyance of some shareholders, Pandora A/S ( CPH:PNDORA ) shares are down a considerable 26% in the last month...
Narrative Update Jan 19

PNDORA: Lower Margin Outlook Will Shape Measured Expectations For Future Earnings Multiple

Analysts now see Pandora's fair value at €510, down from €630. They cite modestly lower revenue growth and profit margin assumptions, along with a slightly higher discount rate and a trimmed future P/E estimate.
Narrative Update Jan 05

PNDORA: Lower Margin Outlook Will Likely Pressure Future Earnings Multiple

Analysts have revised their price target for Pandora from €700.00 to €630.00, citing updated assumptions for fair value, discount rate, revenue growth, profit margin and future P/E as the key drivers of the change. What's in the News Pandora A/S maintained its earnings guidance for 2025, keeping organic growth expectations at 7 to 8% for the year.
Analysis Article Dec 31

Are Investors Undervaluing Pandora A/S (CPH:PNDORA) By 35%?

Key Insights Using the 2 Stage Free Cash Flow to Equity, Pandora fair value estimate is kr.1,082 Current share price of...
Narrative Update Dec 18

PNDORA: Margin Discipline And New Leadership Will Sustain Confidence Beyond 2025

Analysts have trimmed their price target on Pandora by approximately 3 percent. This reflects slightly lower forecasts for fair value, revenue growth, profit margins, and future valuation multiples, despite maintaining a broadly constructive outlook on the business.
Analysis Article Dec 06

Should You Think About Buying Pandora A/S (CPH:PNDORA) Now?

Pandora A/S ( CPH:PNDORA ), is not the largest company out there, but it saw significant share price movement during...
Narrative Update Dec 04

PNDORA: Margin Strength And Leadership Transition Will Support Confidence Beyond 2025

Analysts have nudged their price target on Pandora slightly lower, from approximately $1,011 to $996. This reflects marginally higher discount rate assumptions and slightly softer expectations for long term revenue growth and profit margins, while still assuming a broadly stable future earnings multiple.
Narrative Update Nov 20

PNDORA: Margin Resilience And Leadership Change Will Drive Confidence Through 2025

Pandora Price Target Revised Downward Amid Mixed Financial Metrics Analysts have lowered Pandora's fair value estimate by approximately $26 to $1,011, as they weigh slightly higher expected revenue growth against a reduced profit margin outlook and an increased discount rate. What's in the News Pandora has maintained its 2025 earnings guidance, forecasting 7-8% organic growth and an EBIT margin of approximately 24% (Key Developments).
Narrative Update Nov 05

PNDORA: Leadership Transition Will Support Steady Margin Performance Through 2025

Pandora's analyst price target has been lowered slightly from DKK 1,050 to DKK 1,037. Analysts cite more moderate expectations for revenue growth and profitability as the primary drivers.
Analysis Article Oct 24

Here's Why We Think Pandora (CPH:PNDORA) Might Deserve Your Attention Today

Investors are often guided by the idea of discovering 'the next big thing', even if that means buying 'story stocks...
Narrative Update Oct 22

Analyst Lowers Pandora Price Target as Leadership Changes and Valuation Metrics Shift

Pandora's analyst price target has been adjusted downward by approximately DKK 7 to DKK 1,050, as analysts cite slight softening in profit margin assumptions, partially offset by expectations of stronger revenue growth. What's in the News Pandora CEO Alexander Lacik will retire at the 2026 annual general meeting after nearly seven years.
Narrative Update Oct 08

Jewelry Transformation Will Unlock Global Market Opportunities

Analysts have revised Pandora's price target downward from $1,105.83 to $1,057.00, citing slightly lower projected revenue growth and profit margins as key factors behind the adjustment. What's in the News Pandora CEO Alexander Lacik will retire at the next annual general meeting in March 2026, after nearly seven years in the role.
Narrative Update Sep 23

Jewelry Transformation Will Unlock Global Market Opportunities

Pandora's consensus price target has been revised down as analysts note a slight decline in net profit margin alongside a moderate rise in the forward P/E multiple, leading to a new fair value estimate of DKK1106. What's in the News Pandora to hold a special shareholders meeting to consider electing a new Board member and granting authority to the meeting chair.
Analysis Article Sep 23

Are Investors Undervaluing Pandora A/S (CPH:PNDORA) By 41%?

Key Insights Using the 2 Stage Free Cash Flow to Equity, Pandora fair value estimate is kr.1,452 Pandora is estimated...
Narrative Update Aug 29

Jewelry Transformation Will Unlock Global Market Opportunities

Pandora's consensus price target saw a marginal decrease to DKK1138, primarily as the slight uptick in forward P/E to 14.49x was not accompanied by any improvement in revenue growth expectations. What's in the News Pandora to hold a Special/Extraordinary Shareholders Meeting to consider electing a new Board member and granting authority to the chair of the General Meeting.
Analysis Article Jul 29

What Does Pandora A/S's (CPH:PNDORA) Share Price Indicate?

Pandora A/S ( CPH:PNDORA ) saw a double-digit share price rise of over 10% in the past couple of months on the CPSE...
Analysis Article Jul 16

Pandora (CPH:PNDORA) Looks To Prolong Its Impressive Returns

Did you know there are some financial metrics that can provide clues of a potential multi-bagger? Firstly, we'll want...
Analysis Article Jul 04

Pandora (CPH:PNDORA) Seems To Use Debt Quite Sensibly

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Analysis Article Jun 22

A Look At The Intrinsic Value Of Pandora A/S (CPH:PNDORA)

Key Insights The projected fair value for Pandora is kr.1,386 based on 2 Stage Free Cash Flow to Equity Current share...
Analysis Article May 29

Does Pandora (CPH:PNDORA) Deserve A Spot On Your Watchlist?

For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...
New Narrative Apr 30

The accessible-luxury jewelry brand Pandora posted 8% same-store sales growth in the U.S. last year.

U.S. jewelry sales advanced a tepid 1.3% in 2024, driven primarily by price increases as the number of units sold dropped 1.6%, according to industry analyst Edahn Golan of Tenoris.Yet, while American
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New Narrative Nov 13

The Phoenix Strategy Is Elevating Brand Desirability And Driving Revenue Growth

The Phoenix strategy is transforming Pandora into a full jewelry brand, boosting brand perception and driving revenue growth through increased store traffic and market expansion.

CEO

Berta De Pablos-Barbier (57 yo)

less than a year
Tenure

Ms. Berta De Pablos-Barbier is CEO & President of Pandora A/S since January 01, 2026. She was Chief Marketing Officer of Pandora A/S from 2024. Ms. Pablos-Barbier is Independent Board Member of Alantra Par...


Leadership Team

NamePositionTenureCompensationOwnership
Anders Boyer-Sogaard
Executive VP & CFO8.3yrsDKK 21.10m0.16%
DKK 63.5m
Berta De Pablos-Barbier
CEO, Chief Marketing Officer & Presidentless than a yearno datano data
Per Enevoldsen
Founder & Co-Ownerno datano datano data
David Walmsley
Chief Digital & Technology Officerno datano datano data
Bilal Aziz
Vice President of Investor Relations & Treasuryno datano datano data
Johan Melchior
Vice President of Media Relations & Public Affairsno datano datano data
Jennie Farmer
Chief Marketing Officerless than a yearno datano data
Byron Clayton
Chief Human Resources Officer3.3yrsno datano data
Massimo Basei
Chief Commercial Officerno datano datano data
Stephen Fairchild
Chief Strategic Creative & Cultural Officerno datano datano data
Mads Twomey-Madsen
Senior Vice President of Global Communication & Sustainabilityno datano datano data
Jeerasage Puranasamriddhi
Chief Supply Officer6.3yrsno datano data
3.3yrs
Average Tenure
55yo
Average Age

Experienced Management: PNDORA's management team is considered experienced (3.3 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Lilian Biner
Independent Director3.2yrsDKK 1.60m0.0016%
DKK 602.0k
Peter Ruzicka
Independent Chairman of the Board6.4yrsDKK 3.30mno data
Birgitta Goransson
Independent Director10.2yrsDKK 1.30mno data
Lars Sorensen
Independent Directorless than a yearDKK 2.00m0.0016%
DKK 629.0k
Jan Zijderveld
Independent Director5.2yrsDKK 1.20mno data
Marianne Kirkegaard
Independent Deputy Chair6.2yrsDKK 1.20m0.0040%
DKK 1.5m
Catherine Spindler
Independent Director6.2yrsDKK 700.00kno data
6.2yrs
Average Tenure
61yo
Average Age

Experienced Board: PNDORA's board of directors are considered experienced (6.2 years average tenure).


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/21 16:32
End of Day Share Price 2026/05/21 00:00
Earnings2026/03/31
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

Pandora A/S is covered by 34 analysts. 18 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
null nullABG Sundal Collier
Mariana Horn UribeBerenberg
Luca SolcaBernstein