KGHM stock: Eleven analysts set PLN 318.28 average target

Published on 10/20/2026 at 16:59 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

FY2025 adjusted EBITDA rose 22.00 percent. KGHM stock costs EUR 73.53 on October 20, 2026, 0.11 percent below the Xetra close in trading.

Analyst target and operating figures

Eleven analysts averaged a PLN 318.28 target for KGHM on September 22, 2026.
Adjusted EBITDA increased 22.00 percent in fiscal year 2025 to PLN 10.3 billion.
KGHM stock costs EUR 73.53 at Lang & Schwarz on October 20, 2026 at 4:41 p.m. CEST, 0.11 percent below the Xetra close of October 19, 2026.

KGHM, PLKGHM000017, Illustration mit AI erstellt.

Eleven analysts averaged a PLN 318.28 target for KGHM Polska Miedz on September 22, 2026, placing the consensus below the Warsaw quote. Moat Explorer reported the average target from 11 analysts, while the latest Warsaw price was PLN 321.85. The target was 1.11 percent below that price. KGHM stock was trading at EUR 73.53 at Lang & Schwarz on October 20, 2026 at 4:41 p.m. CEST, down 0.11 percent versus the Xetra close of October 19, 2026 at EUR 73.61.

Fiscal year 2025 set a higher base

KGHM reported PLN 36.4 billion of revenue for fiscal year 2025, while adjusted EBITDA rose 22.00 percent to PLN 10.3 billion. The company presented those figures on its investor-relations page, which also describes KGHM as a copper and silver producer with operations in Poland, Chile, Canada and the United States. KGHM said its 2025 net result reached PLN 3.7 billion, an increase of 28.00 percent.

Price position on October 20

The EUR 73.53 quote sits below the EUR 81.74 one-month high and above the EUR 71.85 one-month low. The 52-week range runs from EUR 42.70 to EUR 94.52, leaving the stock 22.21 percent below its high. KGHM has gained 11.55 percent since the start of 2026, while the Warsaw quote was PLN 321.85 at the latest finance snapshot.

Valuation and next reporting date

KGHM has a market capitalization of EUR 63.6 billion on the Deutsche Boerse quote and a price-to-earnings ratio of 7.41 on the Warsaw listing. The investor calendar names November 18, 2026 for the consolidated report for the third quarter of 2026. KGHM lists the reporting date as an upcoming investor event.

Comparison with peers

KGHM: down 0.11 percent, market capitalization EUR 63.6 billion.

Freeport-McMoRan (NYSE, USD): up 0.30 percent, market capitalization USD 100.0 billion.

Antofagasta (LSE, USD): down 0.82 percent, market capitalization USD 44.12 billion.

Target and price in perspective

The analyst average is a modest counterweight to KGHM's strong fiscal-year figures because it remains below the latest Warsaw quote. The current euro quotation is almost unchanged against the prior German-market close, keeping the target and the November reporting date as the clearest dated reference points for the stock.

The further course of trading is shown by the continuously updated real-time quote of KGHM stock.