Diageo (DEO) Expected to Release Earnings on Thursday

Diageo (NYSE:DEO) is projected to issue its H2 2026 results before the market opens on Thursday, August 6th. Analysts expect the company to announce earnings of $2.55 per share and revenue of $9.1479 billion for the quarter. Investors can find conference call details on the company’s upcoming H2 2026 earning results page for the latest details on the call scheduled for Thursday, August 6, 2026 at 6:00 AM ET.

Diageo Trading Up 0.6%

Shares of NYSE DEO opened at $88.55 on Tuesday. The company has a 50 day simple moving average of $82.57 and a two-hundred day simple moving average of $83.83. Diageo has a fifty-two week low of $72.45 and a fifty-two week high of $116.41. The company has a quick ratio of 0.71, a current ratio of 1.60 and a debt-to-equity ratio of 1.53.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the company. Elevation Point Wealth Partners LLC raised its stake in shares of Diageo by 5.3% during the 4th quarter. Elevation Point Wealth Partners LLC now owns 2,792 shares of the company’s stock worth $241,000 after purchasing an additional 141 shares in the last quarter. Howland Capital Management LLC boosted its holdings in shares of Diageo by 6.9% in the 2nd quarter. Howland Capital Management LLC now owns 2,576 shares of the company’s stock valued at $260,000 after buying an additional 167 shares during the last quarter. Advisory Services Network LLC grew its stake in shares of Diageo by 1.4% in the third quarter. Advisory Services Network LLC now owns 14,984 shares of the company’s stock valued at $1,430,000 after buying an additional 213 shares in the last quarter. Cresset Asset Management LLC grew its stake in shares of Diageo by 9.9% in the third quarter. Cresset Asset Management LLC now owns 2,566 shares of the company’s stock valued at $245,000 after buying an additional 232 shares in the last quarter. Finally, Smartleaf Asset Management LLC increased its holdings in Diageo by 15.5% during the second quarter. Smartleaf Asset Management LLC now owns 1,833 shares of the company’s stock worth $184,000 after buying an additional 246 shares during the last quarter. Institutional investors own 8.97% of the company’s stock.

Analyst Upgrades and Downgrades

DEO has been the topic of several recent research reports. Zacks Research downgraded Diageo from a “hold” rating to a “strong sell” rating in a research note on Monday, July 27th. Weiss Ratings reiterated a “sell (d)” rating on shares of Diageo in a research note on Friday, July 17th. TD Cowen raised Diageo from a “hold” rating to a “buy” rating and boosted their target price for the stock from $88.00 to $93.00 in a report on Thursday, June 25th. Finally, Loop Capital set a $99.00 target price on Diageo in a report on Thursday, June 18th. Six equities research analysts have rated the stock with a Buy rating, five have issued a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $106.25.

Diageo Company Profile

Diageo plc is a global producer, marketer and distributor of alcoholic beverages, headquartered in London, England. The company was created through the 1997 merger of Guinness plc and Grand Metropolitan plc and is publicly traded on multiple exchanges, including the New York Stock Exchange (NYSE: DEO) and the London Stock Exchange. Diageo operates a worldwide business, selling products in a broad range of markets across the Americas, Europe, Africa, Asia and Latin America.

Diageo’s core activities cover the production, marketing and sale of a diverse portfolio of spirits, beer and liqueurs.