{"id":629212,"date":"2026-09-19T04:12:16","date_gmt":"2026-09-19T04:12:16","guid":{"rendered":"https:\/\/www.newsbeep.com\/ie\/629212\/"},"modified":"2026-09-19T04:12:16","modified_gmt":"2026-09-19T04:12:16","slug":"glanbia-shares-slide-as-analyst-warns-of-reversal-in-proteinmaxxing-trend-the-irish-times","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ie\/629212\/","title":{"rendered":"Glanbia shares slide as analyst warns of reversal in \u2018proteinmaxxing\u2019 trend \u2013 The Irish Times"},"content":{"rendered":"

Shares in Glanbia<\/a> have fallen almost 12 per cent in the past 24 hours after Bank of America analysts gave a negative view of the nutrition group\u2019s stock amid a challenging global whey protein market and a potential reversal in the \u201cproteinmaxxing\u201d trend.<\/p>\n

In an analysis note issued Thursday morning, Bank of America said currently elevated whey prices were \u201ca net positive\u201d for Glanbia because of its \u201csuperior supply chain\u201d. <\/p>\n

However, analysts said whey price levels were \u201cunsustainable\u201d and would reverse as more supply hit the market over the coming months. <\/p>\n

The bank said it expected production to be 20 per cent higher in the 2026-2027 financial year because \u201celevated prices and demand have sparked [capital expenditure] programmes across the industry\u201d. <\/p>\n

On the demand side, Glanbia has benefited from the rise in popularity of weight-loss drugs globally. Users of these GLP-1s are advised to increase protein intake to help preserve muscle mass while losing weight, and Glanbia is among the bigger suppliers of protein products globally.<\/p>\n

\u201cGLP is definitely a tailwind,\u201d Glanbia\u2019s chief executive Hugh McGuire said last month<\/a> after the group reported a 7 per cent jump in revenue for the first six months of the year, which included a 25 per cent spike in demand for its premium protein powder product, Optimum Nutrition.<\/p>\n

However, the bank said it could not rule out the so-called proteinmaxxing trend \u201cstarting to come down\u201d, amid \u201cprotein marketing fatigue, with a switch toward other ingredients like fibre, creatine or even peptide\u201d. <\/p>\n

Rating the stock \u201cunderperform\u201d, the analysts said increased supply of whey could collide with lower demand over the coming year, which would have a direct impact on Glanbia\u2019s dairy nutrition division\u2019s profit expectations.<\/p>\n

Glanbia\u2019s share price fell 7.5 per cent in Dublin on Thursday, closing at \u20ac19.93, before sliding another 5.4 per cent by lunchtime on Friday. <\/p>\n

Last month the Dublin-listed group lifted its earnings forecast for the year after reporting the better-than-expected half-year results. In its health and nutrition sector, revenues rose almost 18 per cent year on year, reaching $368.5 million, while income in the dairy nutrition division rose 3.9 per cent to $793.7 million.<\/p>\n

Following the \u201cstrong performance\u201d, Glanbia said it now expected to deliver adjusted EPS (earnings per share) growth of 17-20 per cent for 2026, an upgrade on the previous forecast of 7-11 per cent.<\/p>\n","protected":false},"excerpt":{"rendered":"Shares in Glanbia have fallen almost 12 per cent in the past 24 hours after Bank of America…\n","protected":false},"author":2,"featured_media":629213,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[2414,72,47079,61,60],"class_list":["post-629212","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business","tag-bank-of-america","tag-business","tag-glanbia","tag-ie","tag-ireland"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/629212","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/comments?post=629212"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/629212\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media\/629213"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media?parent=629212"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/categories?post=629212"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/tags?post=629212"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}