Nemetschek stock: JPMorgan keeps EUR 110.00 target for Nemetschek stock
Published on 10/23/2026 at 15:52 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSJPMorgan target and reporting date
- JPMorgan maintained a EUR 110.00 target for Nemetschek on October 19, 2026.
- Revenue reached EUR 640.70 million in the first half of 2026, up 11.90 percent year over year.
- Nemetschek stock costs EUR 74.98 at Lang & Schwarz on October 23, 2026 at 3:38 p.m. CEST, minus 0.16 percent versus the Xetra close of October 22, 2026.
- Nemetschek is scheduled to publish its third-quarter report on November 5, 2026.
Nemetschek (DE0006452907) is heading toward its November reporting date with JPMorgan maintaining a EUR 110.00 target on October 19, 2026, implying 46.71 percent above the EUR 74.98 Lang & Schwarz price. The stock was at EUR 74.98 at Lang & Schwarz on October 23, 2026 at 3:38 p.m. CEST, minus 0.16 percent versus the Xetra close of October 22, 2026.
JPMorgan keeps its EUR 110.00 target
According to wallstreetONLINE, Joseph George of JPMorgan kept the EUR 110.00 target and an Overweight rating in a note dated October 19, 2026. The report also placed Nemetschek on JPMorgan's Analyst Focus List.
Revenue reaches EUR 640.70 million
Nemetschek reported revenue of EUR 640.70 million in the first half of 2026, compared with EUR 572.80 million in the same period of 2025, a rise of 11.90 percent. Beanvest also lists recurring revenue of EUR 609.20 million, up 15.10 percent year over year.
Price sits below the yearly high
The Xetra listing was last at EUR 75.15 on October 23, 2026 at 3:36 p.m. CEST. Nemetschek's 52-week range was EUR 50.45 to EUR 105.10 as of the same date, putting the Lang & Schwarz price 28.66 percent below the high. The market capitalization was EUR 8.7 billion and the price-to-earnings ratio was 35.19.
Results date and valuation
The investor-relations calendar schedules Nemetschek's third-quarter report for November 5, 2026. The company reported first-half 2026 EBITDA of EUR 197.00 million, up 16.50 percent from EUR 169.10 million, while the EBITDA margin increased to 30.70 percent from 29.50 percent.
Net income attributable to the group reached EUR 126.40 million in the first half of 2026, compared with EUR 97.30 million a year earlier. The first-half report also showed operating cash flow of EUR 175.37 million, down from EUR 199.76 million in the same period of 2025.
Comparison with peers
Nemetschek: minus 0.16 percent, P/E 35.19, market capitalization EUR 8.7 billion.
Autodesk (NASDAQ, USD): minus 1.07 percent, P/E 32.45, market capitalization USD 52.7 billion.
Bentley Systems (NASDAQ, USD): plus 0.22 percent, P/E 43.88, market capitalization USD 11.5 billion.
Nemetschek stock after the target update
The combination of a EUR 110.00 analyst target, first-half revenue growth of 11.90 percent and a scheduled November 5 report leaves the next company update as the clearest dated reference for the stock.
Nemetschek stock was trading at EUR 74.98 at Lang & Schwarz on October 23, 2026 at 3:38 p.m. CEST, minus 0.16 percent versus the Xetra close of October 22, 2026 at EUR 75.10. The further course of trading is shown by the continuously updated real-time quote of Nemetschek stock.
Nemetschek stock facts
- Company: Nemetschek SE
- ISIN: DE0006452907
- Ticker: NEM
- Primary exchange: Xetra
- Price Lang & Schwarz (as of October 23, 2026, 3:38 p.m. CEST): EUR 74.98
- Change versus Xetra close: minus 0.16 percent
- Xetra close (October 22, 2026): EUR 75.10
- Market capitalization: EUR 8.7 billion (as of October 23, 2026)
- 52-week range: EUR 50.45-105.10 (as of October 23, 2026)
- Sector / Industry: Technology / Software - Application
- Index membership: MDAX and TecDAX
- Next earnings date: November 5, 2026
Market context: Market report DAX.
