mwb research kept the EUR 830 target for Rational stock

Published on 10/08/2026 at 12:38 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Second-quarter revenue rose 4.00 percent to EUR 323.90 million. Rational stock costs EUR 555.00 on October 8, 2026 after EUR 566.50, down 2.03 percent.

Aquarellmalerei eines Firmengebäudes an einem Fluss in Bayern — Rational AG (DE0007010803) inspiriert dieses Aquarell eines modernen Bürogebäudes nahe einer bayerischen Kleinstadt, Illustration mit AI erstellt.

Rational stock (ISIN DE0007010803) was trading at EUR 555.00 at Lang & Schwarz on October 8, 2026 at 12:33 p.m. CEST, down 2.03 percent versus the Xetra close of EUR 566.50 on October 7, 2026. In a note dated October 6, 2026, mwb research kept its Buy rating and EUR 830.00 target, according to FinanzNachrichten.

EUR 830 target meets softer market price

The target is 49.55 percent above the Lang & Schwarz price, calculated from EUR 830.00 and EUR 555.00. mwb research projected third-quarter revenue of EUR 333.00 million, up 6.50 percent year over year, with a 25.00 percent EBIT margin in its October 6, 2026 analysis.

The same analysis identified regional pressure in the United States, China and Japan, while it pointed to European demand, October price increases and lower US tariffs as support factors. The forecast also retained Rational's fiscal 2026 outlook, giving the stock a clear test between operational growth and valuation pressure.

Second-quarter growth carries a one-off effect

Rational reported second-quarter 2026 revenue of EUR 323.90 million, up 4.00 percent from EUR 310.90 million a year earlier, according to Yahoo Finance on August 6, 2026. First-half 2026 revenue reached EUR 642.00 million, up 6.00 percent year over year, while EBIT rose 11.00 percent to EUR 170.00 million.

The first-half EBIT margin reached 26.50 percent, but the transcript identified a EUR 14.00 million US tariff refund recognized in the second quarter as a one-off benefit. Excluding that refund, profitability stood at 24.30 percent, while management retained its fiscal 2026 EBIT margin corridor of 25.00 percent to 26.00 percent.

Next results date is November 5

The next announcement and earnings call are scheduled for November 5, 2026, according to the same Yahoo Finance transcript. That date puts the market's attention on whether the projected EUR 333.00 million third-quarter revenue and the 25.00 percent EBIT margin can support the retained outlook.

Rational was trading at EUR 555.00 at Lang & Schwarz on October 8, 2026 at 12:33 p.m. CEST, down 2.03 percent versus the Xetra close of EUR 566.50 on October 7, 2026. The further course of trading is shown by the continuously updated real-time quote of Rational stock.