Unilever PLC

LSE:ULVR Stock Report

Market Cap: UK£98.6b

Unilever Future Growth

Future criteria checks 3/6

Unilever is forecast to grow earnings and revenue by 9.3% and 4% per annum respectively. EPS is expected to grow by 10.9% per annum. Return on equity is forecast to be 42.5% in 3 years.

Key information

9.3%

Earnings growth rate

10.87%

EPS growth rate

Personal Products earnings growth9.4%
Revenue growth rate4.0%
Future return on equity42.49%
Analyst coverage

Good

Last updated11 Aug 2026

Recent future growth updates

Analysis Article • Jul 31

Unilever PLC (LON:ULVR) Interim Results Just Came Out: Here's What Analysts Are Forecasting For This Year

It's been a good week for Unilever PLC ( LON:ULVR ) shareholders, because the company has just released its latest...

Recent updates

Narrative Update • Aug 05

ULVR: Volume Momentum And Foods Merger Plans May Support Balanced Medium Term Outlook

Analysts have raised their core price target for Unilever to £3,800 from £3,700, pointing to recent volume led earnings beats, modestly higher medium term EPS estimates and slightly firmer margin and growth assumptions, even as some still flag risks to mid term volume and margin goals. Analyst Commentary Recent research on Unilever shows a split between bullish analysts who see improving execution and earnings support, and bearish analysts who remain cautious on the durability of volume growth and margins.
Analysis Article • Jul 31

Unilever PLC (LON:ULVR) Interim Results Just Came Out: Here's What Analysts Are Forecasting For This Year

It's been a good week for Unilever PLC ( LON:ULVR ) shareholders, because the company has just released its latest...
Narrative Update • Jul 22

ULVR: Q2 Volume And Margin Delivery By FY26 Will Drive Upside Case

Unilever's narrative update reflects a modest reduction in the analyst price target to £58.32 from £60.52, as analysts factor in slightly higher discount rates and a lower future P/E multiple, despite expectations for steadier revenue growth and margins. This is consistent with recent Street research that raised the share price target to £38.00 from £37.00, while still flagging risks to medium term volume and margin goals.
Narrative Update • Jul 08

ULVR: Mid Term Volume And Margin Pressures Will Likely Cap Shares

Unilever's analyst price target has edged up by £100 to £3,800, as analysts point to improving revenue growth and slightly stronger profit margins, while still flagging risks to mid term volumes and valuation. Analyst Commentary Recent research on Unilever reflects a mixed backdrop, with the latest price target move to £3,800 framed within ongoing concerns about volume momentum, margin delivery and how the stock is valued relative to peers.
Narrative Update • Jun 24

ULVR: Planned Foods Combination Will Support Future Upside Despite Lowered Price Expectations

Unilever's analyst price target has been revised lower to £37.00 from £43.00, as analysts balance slightly higher long term EPS assumptions with concerns that a valuation in line with U.S. peers may be difficult to justify. Analyst Commentary Recent research on Unilever shows a mix of optimism on earnings power and caution around how far the valuation can stretch, especially when compared with large U.S. consumer peers.
Narrative Update • Jun 06

ULVR: Planned Foods Combination And Innovation Hub Will Support Further Upside

Unilever's analyst price target has been trimmed by £600 to £3,700 as analysts factor in slightly higher long term earnings expectations, while also questioning how far the stock can stretch toward U.S. peer valuation levels. Analyst Commentary Recent research on Unilever points to a mixed setup, with some analysts leaning more constructive on execution and earnings potential, while others remain cautious on how far the valuation can stretch versus U.S. peers.
Narrative Update • May 02

ULVR: Planned Foods Separation And Cost Discipline Will Support Further Upside

Unilever's updated analyst price target has edged down to about £51.50 from roughly £52.14, reflecting refreshed assumptions on the discount rate, revenue growth, profit margins and future P/E following a mix of recent upgrades, downgrades and target tweaks across the Street. Analyst Commentary Recent research has been mixed, with some firms lifting ratings or targets and others turning more cautious after the latest results and share price moves.
Narrative Update • Apr 17

ULVR: Planned Foods Separation With Margin Discipline Is Expected To Unlock Upside

Unilever's updated analyst fair value has shifted slightly lower to about £52.14 per share, as analysts factor in a higher discount rate and slightly more cautious revenue growth assumptions, while still recognizing stable profit margins and a broadly unchanged view of its future P/E ratio. Analyst Commentary Recent Street research on Unilever points to a mixed but engaged view, with analysts revisiting both ratings and price targets in light of the latest results and valuation reset.
Narrative Update • Apr 02

ULVR: Planned Foods Separation And Margin Focus Are Expected To Support Upside

Unilever's analyst price target has been trimmed by £0.85, as analysts factor in slightly softer revenue growth, a modestly lower profit margin and a reduced future P/E assumption following recent research updates and downgrades to more neutral ratings. Analyst Commentary Recent research on Unilever has shifted toward more neutral stances, with several firms moving ratings to Hold or Neutral and moderating price targets.
Narrative Update • Mar 19

ULVR: Portfolio Streamlining And Margin Plans Are Expected To Support Upside

Unilever's fair value estimate has moved modestly higher to £53.58 from £53.07, as analysts factor in slightly stronger revenue growth and profit margin assumptions, along with higher P/E expectations, while still flagging pricing pressures and a more balanced risk and reward profile reflected in recent price target changes and rating downgrades. Analyst Commentary Recent Street research paints a mixed picture for Unilever, with several firms adjusting price targets and ratings around concerns on pricing power, margins and current valuation, even as some acknowledge improved estimates and a more balanced outlook.
Narrative Update • Mar 05

ULVR: Margin Delivery By FY26 Will Drive Upside Case

Narrative Update on Unilever Unilever's analyst price target has edged higher, with modestly improved fair value assumptions to about £60.52 and slightly adjusted discount rate, revenue growth, profit margin and future P/E inputs, as analysts factor in recent target revisions that reflect a more balanced risk and reward profile and ongoing debate over pricing and margin potential. Analyst Commentary Recent Street research on Unilever points to a mixed but generally more balanced view, with several firms revisiting their assumptions on valuation, pricing power and margin potential.
Narrative Update • Feb 19

ULVR: Raised Fair Value Hinges On Margin Delivery And Cost Execution

Analysts have nudged their fair value estimate for Unilever higher to about £60 from roughly £59, citing slightly firmer margin assumptions and a modestly higher future P/E. This comes even as several firms have shifted to Hold or Neutral ratings and highlighted a more balanced risk and reward profile at current levels.
Narrative Update • Feb 04

ULVR: Margin And U.S. Slowdown Concerns Will Keep Shares Subdued

Analysts have made a small trim to their Unilever fair value estimate to about €40.87 per share, reflecting slightly higher assumed future P/E, a modestly lower discount rate, and mixed sector views that now include a downgrade to Neutral and a cautious stance on valuation, despite a higher Jefferies price target to £41.00. Analyst Commentary Recent research points to a cautious tone around Unilever, with several bearish analysts focusing on valuation, earnings visibility, and execution risks over the next couple of years.
Narrative Update • Jan 21

ULVR: Margin Pressures And U.S. Slowdown Risk Will Limit Share Upside

Narrative Update Overview The revised analyst price target for Unilever moves to about £41.02 from £38.83, as analysts weigh contained earnings growth and operating margin pressures alongside sector wide valuation concerns highlighted in recent research. Analyst Commentary Recent research on Unilever points to a more cautious tone, with bearish analysts highlighting valuation questions and execution risks around earnings and margins.
Narrative Update • Jan 07

ULVR: Margin Resilience And Q4 Volume Support A More Constructive Outlook

Narrative Update The updated analyst price target for Unilever reflects a shift from £40.00 to £41.00 per share, as analysts weigh contained earnings growth, pressure on pricing and operating margins, and potential sentiment risks around FY26 margin guidance and U.S. growth contributions. Analyst Commentary Recent research reflects a slightly higher price target of £41.00 per share, but with a cautious tone around earnings quality, valuation and medium term guidance.
Narrative Update • Dec 23

ULVR: Ice Cream Demerger Delay Will Still Support Future Pricing Power

Analysts have modestly reduced their price target on Unilever to approximately $53.37 from about $56.02, citing slightly lower long term revenue growth expectations and a marginally softer profit margin and valuation outlook, while the discount rate remains broadly unchanged. What's in the News Unilever delayed the planned demerger of its Magnum ice cream unit, attributing the timing change to the U.S. government shutdown, but reiterated confidence in completing the spin off later this year (Reuters).
Narrative Update • Dec 09

ULVR: Ice Cream Spin-Off Delay Will Still Support Higher Long-Term Pricing Power

Analysts have raised their price target on Unilever from approximately $50 to about $56, reflecting increased confidence in the company’s long term fair value and profitability trajectory following supportive recent research coverage. Analyst Commentary Recent Street research underscores rising optimism around Unilever’s strategic positioning, with a notable Buy initiation and a price target meaningfully above the newly raised $56 objective.
Narrative Update • Oct 22

Analysts Adjust Unilever Price Targets Amid Shifting Growth Outlook and Management Changes

Unilever's analyst price target has decreased slightly by $0.30, as analysts cite modest adjustments to revenue growth and discount rate assumptions following recent model updates. Analyst Commentary Recent analyst coverage on Unilever reflects both optimism and caution regarding the company's growth trajectory, valuation, and execution plans.
Narrative Update • Oct 08

Emerging Markets And Digital Commerce Will Transform Future Landscape

Unilever's analyst price target has been slightly reduced from $50.35 to $49.85, as analysts cite moderating revenue growth prospects, balanced by steady profit margins and ongoing international expansion efforts. Analyst Commentary Analyst sentiment on Unilever reflects a mix of growth optimism and areas of caution, leading to a nuanced outlook for the company’s future performance and share valuation.
Narrative Update • Aug 27

Emerging Markets And Digital Commerce Will Transform Future Landscape

Analysts have modestly raised Unilever’s price target to £50.27, largely driven by confidence in emerging markets growth offsetting U.S. weakness and reflecting positive adjustments after strong first half results. Analyst Commentary Bullish analysts expect growth in emerging markets such as India, Indonesia, and China to offset slower growth in the U.S. Some analysts have increased price targets following Unilever's first half results, reflecting adjustments to their financial models.

Earnings and Revenue Growth Forecasts

LSE:ULVR - Analysts future estimates and past financials data (EUR Millions)
DateRevenueEarningsFree Cash FlowCash from OpAvg. No. Analysts
12/31/202855,7417,3027,3489,48514
12/31/202753,8206,6797,0068,71218
12/31/202651,6666,4826,4237,49119
6/30/202650,6205,5987,0148,637N/A
3/31/202650,5625,6406,8878,494N/A
12/31/202550,5035,6826,7598,350N/A
6/30/202546,8684,8416,9648,442N/A
3/31/202549,6745,1367,4358,981N/A
12/31/202452,4795,4307,9059,519N/A
9/30/202460,5276,1927,5419,472N/A
6/30/202460,2936,6407,5349,424N/A
3/31/202459,9496,5647,6089,425N/A
12/31/202351,6806,0027,9919,426N/A
9/30/202360,2417,3866,7978,513N/A
6/30/202360,8788,2855,9137,599N/A
3/31/202360,4767,9645,7437,441N/A
12/31/202260,0737,6425,5737,282N/A
9/30/202258,1756,7386,0027,630N/A
6/30/202256,2765,8336,4307,977N/A
3/31/202254,3605,9416,5317,975N/A
12/31/202152,4446,0496,6327,972N/A
9/30/202151,6235,7347,1118,273N/A
6/30/202150,8015,4187,5898,574N/A
3/31/202150,7635,5007,8138,816N/A
12/31/202050,7245,5818,0379,058N/A
9/30/202051,1465,7427,9469,152N/A
6/30/202051,5685,9037,8559,245N/A
3/31/202051,7745,764N/A8,677N/A
12/31/201951,9805,625N/A8,109N/A
9/30/201951,3687,485N/A7,565N/A
6/30/201950,7569,344N/A7,020N/A
3/31/201950,8699,357N/A7,169N/A
12/31/201850,9829,369N/A7,318N/A
9/30/201851,6627,642N/A8,145N/A
6/30/201852,3425,974N/A7,797N/A
3/31/201853,0296,014N/A7,545N/A
1/1/201853,7156,023N/A7,879N/A
9/30/201753,9355,918N/A7,353N/A
6/30/201754,1555,782N/A7,413N/A
3/31/201753,4345,483N/A7,230N/A
12/31/201652,7135,184N/A7,047N/A
9/30/201652,6395,058N/A6,975N/A
6/30/201652,5644,932N/A6,903N/A
3/31/201652,9184,921N/A7,117N/A
12/31/201553,2724,909N/A7,330N/A
9/30/201552,3014,876N/A6,688N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: ULVR's forecast earnings growth (9.3% per year) is above the savings rate (3.6%).

Earnings vs Market: ULVR's earnings (9.3% per year) are forecast to grow slower than the UK market (11.6% per year).

High Growth Earnings: ULVR's earnings are forecast to grow, but not significantly.

Revenue vs Market: ULVR's revenue (4% per year) is forecast to grow faster than the UK market (4% per year).

High Growth Revenue: ULVR's revenue (4% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: ULVR's Return on Equity is forecast to be very high in 3 years time (42.5%).

Discover growth companies

7D

1Y

7D

1Y

7D

1Y

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/08/19 20:29
End of Day Share Price 2026/08/19 00:00
Earnings2026/06/30
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

Unilever PLC is covered by 43 analysts. 19 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 nullArgus Research Company
Andreas von ArxBaader Helvea Equity Research
Arancha PiñeiroBanco de Sabadell. S.A.