MPCM cuts target for KION stock from EUR 61.00 to EUR 58.00
Published on 10/08/2026 at 14:02 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
KION (ISIN DE000KGX8881) was trading at EUR 33.26 at Lang & Schwarz on October 8, 2026 at 3:49 p.m. CEST. According to Boerse Online on October 7, 2026, MPCM cut its KION target from EUR 61.00 to EUR 58.00 and retained its Buy rating.
Three dates changed the setup
On September 14, 2026, Aktien-Global reported that first-half revenue rose 3.50 percent to EUR 5.69 billion and adjusted EBIT increased 12.00 percent to EUR 429.60 million.
On October 2, 2026, FinanzNachrichten reported a third-quarter adjusted EBIT estimate of EUR 209.00 million, with the ITS division weighing on margins.
On October 7, 2026, MPCM cut its target from EUR 61.00 to EUR 58.00, according to Boerse Online. The sequence points to a recovery story that is improving operationally but still depends on order momentum.
What does the lower target imply?
The EUR 58.00 target lies 74.38 percent above the Lang & Schwarz price of EUR 33.26 on October 8, 2026. That gap remains large, but the cut from EUR 61.00 shows that the analyst view has become more cautious even as the rating stayed at Buy.
The first-half comparison is mixed. Revenue increased 3.50 percent, while first-half orders fell to EUR 5.80 billion from EUR 6.20 billion, according to Aktien-Global. Management guidance cited by the same source put 2026 revenue at EUR 11.50 billion to EUR 12.00 billion and adjusted EBIT at EUR 880.00 million to EUR 980.00 million.
Dates for the next results
Barrons lists October 29, 2026 for third-quarter results and March 4, 2027 for fiscal-year results. The October release will test whether the projected EUR 209.00 million adjusted EBIT can offset the pressure from ITS.
Stock stays below its yearly high
The KION share price was EUR 33.26 at Lang & Schwarz on October 8, 2026 at 3:49 p.m. CEST. Its 52-week range was EUR 32.70 to EUR 70.45, putting the current price 52.79 percent below the high and EUR 0.56 above the low.
The further course of trading is shown by the continuously updated real-time quote of KION stock.
KION stock facts
- Company: KION GROUP AG
- ISIN: DE000KGX8881
- WKN: KGX888
- Ticker: KGX
- Primary exchange: Xetra
- Price Lang & Schwarz as of October 8, 2026 at 3:49 p.m. CEST: EUR 33.26
- Market capitalization: EUR 4.4 billion as of October 8, 2026
- 52-week range: EUR 32.70-EUR 70.45 as of October 8, 2026
- Sector / Industry: Industrials / farm and heavy construction machinery
- Index membership: MDAX
- Next earnings date: October 29, 2026
Market context: Market report DAX.
