RBC raises target for Rational stock to EUR 700

Published on 10/19/2026 at 10:39 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Rational stock costs EUR 616.50 on October 19, 2026 versus the Xetra close. H1 2026 revenue rose 6.00 percent to EUR 642.00 million.

Analyst view and operating trend

RBC upgraded Rational from Sector Perform to Outperform and raised its target from EUR 680.00 to EUR 700.00 on October 9, 2026.
First-half 2026 revenue rose 6.00 percent to EUR 642.00 million, while EBIT margin reached 26.50 percent.
Rational stock trades at EUR 616.50 at 10:34 a.m. CEST at Lang & Schwarz on October 19, 2026, 0.08 percent above the Xetra close of October 16, 2026.
Market capitalization stood at EUR 7.0 billion on October 19, 2026, with a 52-week range of EUR 553.50 to EUR 776.50.

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Rational stock (ISIN DE0007010803) was trading at EUR 616.50 at Lang & Schwarz on October 19, 2026 at 10:34 a.m. CEST. On October 9, 2026, RBC Capital Markets upgraded Rational from Sector Perform to Outperform and raised its price target from EUR 680.00 to EUR 700.00, according to Yahoo Finance.

RBC sees valuation support

The target change gives the latest market view a concrete anchor after Rational's valuation premium to European industrial companies narrowed to 10.00 percent from a 10-year average of 120.00 percent, RBC said through Yahoo Finance. RBC also expects 2026 revenue of EUR 1.34 billion and earnings per share of EUR 24.58, with estimates 2.00 percent to 4.00 percent above consensus.

What does the target raise change?

The operating picture is solid but not frictionless. Rational's first-half 2026 revenue reached EUR 642.00 million, up 6.00 percent, while EBIT margin was 26.50 percent, according to Quartr. The same source reported 8.00 percent organic growth after currency adjustments and a 14.00 percent increase in the iVario segment.

RBC expects third-quarter revenue growth of 7.00 percent to 9.00 percent, but an operating margin of 24.00 percent to 25.00 percent versus 25.90 percent a year earlier. Ramp-up costs in China and for the iHexagon, together with cost inflation, are the main pressure points identified in Yahoo Finance.

Three dated operating signals

On August 6, 2026, second-quarter revenue was EUR 323.90 million and diluted earnings per share were EUR 6.43, as reported by Investing.com. On October 1, 2026, the first-half update put revenue at EUR 642.00 million and EBIT margin at 26.50 percent, according to Quartr. On October 9, 2026, RBC lifted its target from EUR 680.00 to EUR 700.00 through Yahoo Finance.

Stock stays below its yearly high

Rational's market capitalization was EUR 7.0 billion on October 19, 2026. Its 52-week range was EUR 553.50 to EUR 776.50, placing the current euro quotation below the upper end while the analyst target remains above the latest Lang & Schwarz price.

The stock was trading at EUR 616.50 at Lang & Schwarz on October 19, 2026 at 10:34 a.m. CEST, plus 0.08 percent versus the Xetra close of October 16, 2026 at EUR 616.00. The further course of trading is shown by the continuously updated real-time quote of Rational stock.