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Dec 4, 2025 4:00 PM

Philips CEO Warns About 2026 Growth Target, Stock Drops

Koninklijke Philips NV (NYSE:PHG) shares fell sharply on Thursday, marking their most significant single-day drop since February.

PHG stock is showing notable weakness. See the trading setup here.

The move comes after CEO Roy Jakobs delivered cautious remarks at Citi's Global Healthcare Conference.

Reuters, summarizing the event, reported that Philips expected organic sales growth to improve from 2% this year to 2026, but was "unlikely" to meet the 4.5% consensus forecast.

Citing Citi analysts, Reuters added that the company reiterated its goal to improve margins in 2026 but warned that tariff headwinds next year are expected almost to double.

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