Goldman Sachs raises target for Recruit Holdings stock
Published on 10/01/2026 at 15:45 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Recruit Holdings (ISIN JP3970300004) was trading at EUR 93.62 at Lang & Schwarz on October 1, 2026 at 3:35 p.m. CEST, down 0.58 percent versus the prior close of EUR 94.17. On September 9, 2026, Goldman Sachs raised its 12-month target for Recruit Holdings from JPY 14,900.00 to JPY 19,400.00 and maintained a Buy rating, according to Investing.com.
AI monetization lifts first-quarter results
Recruit Holdings reported revenue of JPY 1.04 trillion for the first quarter ended June 30, 2026, up 18.90 percent year-over-year. Operating income reached JPY 254.36 billion, an increase of 66.10 percent, while basic earnings per share rose 73.20 percent to JPY 145.48, according to the Eulerpool transcript.
The operating comparison is the sharper signal: profit growth outpaced revenue growth by 47.20 percentage points. Recruit attributed the performance to HR Technology, where U.S. revenue increased 30.00 percent year-over-year to USD 1.64 billion in the quarter.
Guidance and buyback add support
Recruit raised its fiscal-year revenue guidance to JPY 4.23 trillion from JPY 4.03 trillion, while basic earnings per share guidance moved to JPY 543.00 from JPY 447.00, according to Eulerpool. The guidance comparison points to a JPY 200.00 billion increase in expected revenue and a JPY 96.00 increase in expected basic earnings per share.
The company also authorized a share repurchase program of up to 64.00 million shares and JPY 350.00 billion. Recruit had repurchased 13.65 million shares for JPY 134.48 billion through August 31, 2026, according to Recruit Holdings.
Tokyo listing stays below yearly high
On the Tokyo Stock Exchange, Recruit Holdings was last quoted at JPY 16,755.00 on October 1, 2026 at 3:30 p.m. JST. The JPY 6,040.00 to JPY 18,215.00 52-week range places that quote JPY 1,460.00 below the yearly high, while the euro quote remained tied to the Lang & Schwarz reference price above.
Recruit's investor-relations calendar lists November 11, 2026 for its second-quarter fiscal 2026 financial results, with the release scheduled for 3:30 p.m. JST, according to Recruit Holdings. The further course of trading is shown by the continuously updated real-time quote of Recruit stock.
Recruit Holdings stock details
- Company: Recruit Holdings Co., Ltd.
- ISIN: JP3970300004
- Ticker: 6098
- Primary exchange: Tokyo Stock Exchange
- Price Lang & Schwarz as of October 1, 2026, 3:35 p.m. CEST: EUR 93.62
- Change versus prior close: minus 0.58 percent
- Prior close Lang & Schwarz September 30, 2026: EUR 94.17
- Market capitalization: JPY 23.4 trillion as of October 1, 2026
- Sector / Industry: Communication Services / Internet Content and Information
