WallStSmart
DEO

Diageo PLC ADR

NYSE: DEO · CONSUMER DEFENSIVE · BEVERAGES - WINERIES & DISTILLERIES

$80.65
+4.20% today

Updated 2026-04-30

Market cap
$44.08B
P/E ratio
18.31
P/S ratio
2.23x
EPS (TTM)
$4.33
Dividend yield
4.19%
52W range
$72 – $113
Volume
2.0M
OverviewPrice TargetsFinancialsValuationInsidersEarnings

Diageo PLC ADR (DEO) Financial Forecast & Price Target 2030

Research-backed projections from analyst consensus, management guidance, and sector analysis.

Price target summary

Current
$80.65
Consensus
$103,870,000,000.00
+128791072435.65%
2030 Target
$487,549,121.55
+604524539.24%
DCF
$231.62
+56.48% MoS
26 analysts:
1 Buy1 Hold1 Sell

Management guidance

New CEO Dave Lewis (appointed Feb 2026) has signaled a turnaround strategy with no 'easy fixes' ahead. FY2026 H1 guidance revised downward with organic net sales declining 2.8%; company cut dividend and signaled potential price reductions to stabilize volumes. Management is pursuing portfolio rationalization (sold Royal Challengers for $1.3B, East African Breweries for $2.3B) to reduce debt and refocus on core spirits growth, but has NOT provided specific revenue targets for 2026-2030.

Sources: Management guidance, analyst consensus, sector analysishigh confidence

Revenue & price projection

Actual revenue Projected revenue Base case Bull to bear range
Bull case (2030)
$812,581,869.25
$22100000.0B Rev × 20x P/S
Base case (2030)
$487,549,121.55
$22100000.0B Rev × 12x P/S
Bear case (2030)
$325,032,747.70
$22100000.0B Rev × 8x P/S

Financial forecast — research-backed

Metric2023202420252026 (E)2027 (E)2028 (E)2029 (E)2030 (E)
Revenue$20.6B$20.3B$20.2B$20790000.0B$20800000.0B$21100000.0B$21600000.0B$22100000.0B
Revenue growth—-1.4%-0.1%2.7%0.1%1.4%2.4%2.3%
EPS—$11.86—$1.66$1.70$1.78$1.88$1.98
P/S ratio———12.0x12.0x12.0x12.0x12.0x
Implied price———$458,649,152.55$458,869,761.46$465,488,073.59$476,518,601.32$487,549,121.55

Catalysts & risks

Growth catalysts
+ New CEO turnaround strategy focusing on cost reduction and portfolio optimization
+ Divestiture of non-core assets (Royal Challengers IPL stake, East African Breweries) reducing leverage and freeing cash for reinvestment
+ Potential Guinness spin-off or strategic brand restructuring to unlock shareholder value
+ Recovery in North American spirits demand as consumer volatility stabilizes post-GLP-1 adoption
+ Premiumization trends in global spirits market supporting price/mix recovery
Key risks
- Persistent North American market weakness and consumer trading down to lower-priced alternatives
- Chinese white spirits demand contraction due to regional economic slowdown
- GLP-1 drug adoption reducing alcohol consumption among key demographics
- Dividend cut signals cash flow pressure; debt-to-equity ratio of 2.03 limits financial flexibility
- Portfolio uncertainty (Guinness spin-off rumors) may inhibit investment and brand momentum
- Execution risk on new CEO's turnaround plan; analysts increasingly cautious with downgrade trend (HSBC, UBS, BNP downgraded Dec 2025-Mar 2026)

Methodology

Diageo PLC ADR's forward estimates are derived from AI-powered research synthesis combining analyst consensus from 26 Wall Street analysts, management guidance from the latest earnings call, and sector growth forecasts from industry research. Revenue and EPS projections use analyst consensus where available and conservative extrapolation with growth deceleration for outer years. Price targets are calculated using a tiered Price-to-Sales (P/S) methodology, where the P/S multiple is determined by the projected revenue growth rate.

WallStSmart proprietary research model · Not financial advice · Past performance is not indicative of future results · Last researched: April 7, 2026.