Jefferies raises OMV target to EUR 70.00. OMV stock falls 1.57 percent

Published on 10/26/2026 at 10:35 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Jefferies lifted its target from EUR 68 to EUR 70 on October 23, 2026. OMV stock costs EUR 73.38, 1.57 percent below Xetra.

Analyst view and operating backdrop

Jefferies lifted its OMV target from EUR 68.00 to EUR 70.00 on October 23, 2026.
OMV reported third-quarter production of 294 kboe/d versus 304 kboe/d a year earlier.
OMV stock trades at EUR 73.38 at 10:32 a.m. CEST at Lang & Schwarz on October 26, 2026, 1.57 percent below the Xetra close of October 23, 2026.

OMV, AT0000743059, Illustration mit AI erstellt.

OMV (ISIN AT0000743059) was trading at EUR 73.38 at Lang & Schwarz on October 26, 2026 at 10:32 a.m. CEST, down 1.57 percent versus the Xetra close of October 23, 2026 at EUR 74.55. The immediate company catalyst is Jefferies' target increase to EUR 70.00 from EUR 68.00, while its Hold rating stayed unchanged, as Börse Global reported on October 23, 2026.

Analyst target stays below price

The target change is positive in direction but cautious in scale. OMV's price of EUR 73.38 stood 4.83 percent above the new EUR 70.00 target, calculated against that target. Börse Global said Jefferies kept its Hold recommendation, so the move did not amount to a rating upgrade.

The next earnings release will test whether the higher target is supported by operating performance. OMV's official trading update dated October 9, 2026 covered the quarter ended September 30, 2026 and scheduled the Q3 results for October 29, 2026.

Three events frame the stock

On October 6, 2026, Yahoo Finance reported that RBC Capital Markets raised its OMV target from EUR 65.00 to EUR 70.00 and upgraded the stock to Sector Perform from Underperform. On October 9, 2026, OMV's trading update showed third-quarter hydrocarbon production of 294 kboe/d, or thousand barrels of oil equivalent per day, versus 304 kboe/d in the third quarter of 2025, according to Börse Global. On October 23, 2026, Jefferies raised its target from EUR 68.00 to EUR 70.00 while retaining Hold, according to Börse Global.

What comes next for OMV?

OMV's next scheduled reporting date is October 29, 2026, when the company will publish its third-quarter results, according to the official investor release from OMV. That report will show how lower production translated into earnings after the provisional operating update.

Price tests analyst caution

The market price is above both the new Jefferies target and the RBC target cited earlier. For investors, the October 29 report is the next quantified test of whether refining, gas and chemicals performance can justify the valuation.

OMV stock was trading at EUR 73.38 at Lang & Schwarz on October 26, 2026 at 10:32 a.m. CEST, 1.57 percent below the Xetra close of October 23, 2026 at EUR 74.55. The further course of trading is shown by the continuously updated real-time quote of OMV stock.