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Morningstar

Morningstar

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Oct 28, 2026

Danone S.A.: Danone: Price-Led Growth Raises Volume Concerns; Shares Slightly Undervalued

Symbols

DANOY

Sector(s)

Consumer Defensive

Rating

Current Price

14.12

Fair Value

Economic Moat

Stewardship

Summary

Danone is a global food and beverage industry leader with more than EUR 27 billion annual revenue. Its operations are organized into three broad segments: essential dairy and plant-based products, representing just over half of group revenue; specialized nutrition; and bottled

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