Erste Group raises target for Strabag stock to EUR 124.00

Published on 10/13/2026 at 13:59 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Midyear backlog reached EUR 36.00 billion. Strabag stock costs EUR 102.60 on October 13, 2026, down 0.58 percent versus Xetra close.

Erste Group lifted its Strabag target from EUR 109.50 to EUR 124.00 on September 14, 2026, retaining a Buy recommendation.
Strabag reported EUR 10.00 billion in performance and a EUR 36.00 billion backlog for the first half of 2026.
Strabag stock was at EUR 102.60 at Lang & Schwarz on October 13, 2026 at 1:48 p.m. CEST, down 0.58 percent versus the Xetra close of October 12, 2026.
The stock carried a EUR 11.8 billion market capitalization and a price-to-earnings ratio of 12.55, while the next company update is scheduled for November 12, 2026.

Strabag, AT000000STR1, Illustration mit AI erstellt.

Erste Group raised its Strabag target from EUR 109.50 to EUR 124.00 and retained a Buy recommendation in its September 14, 2026 analysis, according to Boerse Express. The new target stands 20.86 percent above the Lang & Schwarz price of EUR 102.60, using the same euro currency. At Lang & Schwarz, Strabag stock was trading at EUR 102.60 on October 13, 2026 at 1:48 p.m. CEST, down 0.58 percent versus the Xetra close of October 12, 2026 at EUR 103.20.

Backlog reaches EUR 36.00 billion

Strabag reported performance of EUR 10.00 billion for the first half of 2026 and said its order backlog had reached EUR 36.00 billion. The company also stated that it raised its 2026 guidance, linking the stronger outlook to infrastructure demand in Germany and international markets, according to its Investor Relations page.

The backlog figure gives the analyst target a concrete operating backdrop, but the target still implies a 20.86 percent distance from the current euro quote. That gap is a valuation reference, not a forecast by this article.

Stock stays 6.22 percent below its high

Strabag traded between EUR 102.20 and EUR 103.20 during the October 13, 2026 session, while volume was 4,414 shares against an average volume of 41,686 shares. The 52-week range was EUR 64.50 to EUR 109.40, placing the current price 6.22 percent below the high.

The stock was up 16.99 percent year to date as of October 13, 2026. Its market position therefore combines a double-digit annual gain with a daily quote below the prior Xetra session close.

Valuation and the next company date

Strabag had a market capitalization of EUR 11.8 billion as of October 13, 2026, a price-to-earnings ratio of 12.55 and a dividend yield of 0.03 percent. The company calendar lists a Trading Statement for January through September 2026 on November 12, 2026, according to its Investor Relations page.

Comparison with peers

Strabag: minus 0.58 percent, price-to-earnings ratio 12.55, market capitalization EUR 11.8 billion.

Wienerberger (Vienna, EUR): 0.00 percent, price-to-earnings ratio 26.91, market capitalization EUR 1.7 billion.

ATX (Vienna, EUR): plus 0.44 percent, index level 6,638.92.

Trading remains below the yearly high

The Lang & Schwarz quote places Strabag at EUR 102.60 on October 13, 2026 at 1:48 p.m. CEST, down 0.58 percent versus the Xetra close of October 12, 2026 at EUR 103.20. The further course of trading is shown by the continuously updated real-time quote of Strabag stock.