K+S stock trades at EUR 15.54 after minus 0.77 percent session

K+S stock was trading at EUR 15.54 at Lang & Schwarz on September 29, 2026 at 11:15 a.m. CEST, with minus 0.77 percent versus the Xetra close of EUR 15.66 on September 28, 2026. The latest analyst move came from Berenberg, which raised its price target while retaining a Sell rating.

Berenberg raises target to EUR 13.00

According to Aktiencheck on September 28, 2026, Berenberg lifted its K+S target from EUR 11.40 to EUR 13.00 and kept the stock at Sell. Analyst Sebastian Bray cited higher short-term potash price expectations and the acquisition of Qemetica's salt business.

The target change still leaves Berenberg below the Lang & Schwarz price of EUR 15.54. Its assessment reflects a key tension for K+S: improved near-term fertilizer pricing must be weighed against the prospect of higher potash supply in 2027 and doubts about the operating earnings consensus for 2028.

Q2 revenue reaches EUR 978.3 million

Investing.com reported on September 14, 2026 that K+S generated Q2 2026 revenue of EUR 978.3 million, up 12.00 percent from the prior-year quarter, while operating EBITDA increased 60.00 percent to EUR 176.0 million. K+S raised its 2026 operating EBITDA guidance to EUR 680 million to EUR 760 million.

The same report put the Qemetica salt acquisition at a base price of EUR 350 million, plus up to EUR 30 million in performance payments. The transaction is designed to add more stable salt revenue alongside the more cyclical potash business, with closing planned for Q1 2027 subject to regulatory approval.

K+S stock stays below the yearly high

K+S stock was trading at EUR 15.54 at Lang & Schwarz on September 29, 2026 at 11:15 a.m. CEST, with minus 0.77 percent versus the Xetra close of EUR 15.66 on September 28, 2026. The 52-week range is EUR 10.35 to EUR 18.69, while market capitalization stood at EUR 2.8 billion on September 29, 2026.

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