Campari Group (DVDCF) Stock Forecast & Price Target

Campari Group
Bull Case

Here are some ways that investors could benefit from investing in Davide Campari-Milano:

• The company's core aperitifs business, which accounts for approximately half of group sales, demonstrated resilience by booking 4% organic growth in the first half of 2026, successfully offsetting a slump in U.S. bourbon demand and allowing the group to confirm its full-year 2026 sales outlook.
• Management is executing a strategy of portfolio rationalization, evidenced by the sale of the Averna and Zedda Piras brands for 100 million euros, which supports a focus on fewer, bigger bets and aims to improve free cash flow and SG&A efficiencies by 2027.
• Short interest in the stock has decreased significantly, dropping from 23,795,341 shares in mid-June to 10,683,398 shares by August 14, 2026, suggesting that bearish sentiment is fading and reducing the potential for short squeezes or sustained downward pressure.
• The stock is currently trading at $6.88, which is near its 52-week low of $6.07, potentially offering a valuation entry point for investors who believe in the long-term strength of the Aperol brand and the company's strategic pivot toward younger consumers.
• Analysts at Barclays maintain a Buy rating on the stock, having raised their price target to EUR 8.60 in late 2025, indicating institutional confidence in the company's ability to recover margins and drive growth despite industry headwinds.