Wacker Chemie stock slips after Citi cuts target to EUR 85
Published on 08/22/2026 at 09:46 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Wacker Chemie AG (DE000WCH8881) stock slipped after a Citi target cut reported by TipRanks lowered the price view to EUR 85 from EUR 95 and kept a Sell rating. The shares last closed at EUR 89.40 on August 21, 2026, while market cap stood at EUR 4.45 billion and the 52-week range was EUR 61.15 to EUR 105.00.
Target cut meets a weaker tape
The market-data backdrop shows a stock that ended the last session down 0.17% at EUR 89.40, with intraday trading between EUR 89.20 and EUR 89.95 and volume of 32,275 shares. That leaves the shares above Citi's new EUR 85 target but below the EUR 95 level cited in the same call.
For investors, the key comparison is simple: the target now sits 4.9 percent below the last close, and the market value is still close to EUR 4.5 billion. The stock also trades 15.0 percent below the 52-week high of EUR 105.00.
Recent numbers matter
Recent reporting on the company points to revenue of EUR 5.52 billion on a trailing basis and EBITDA of EUR 547.30 million, with net income at minus EUR 432.90 million. The same dataset also lists total debt of EUR 2.40 billion.
Those figures keep the balance-sheet and margin debate relevant. A business that has already moved from EUR 8.21 billion of revenue in fiscal 2022 to EUR 5.49 billion in fiscal 2025 now faces a valuation reset that looks more sensitive to earnings durability than to headline sales volume.
What Wacker sells
Wacker's products range from silicone-based materials to semiconductor-grade polysilicon, which ties the company to industrial demand, electronics, and solar supply chains. That mix helps explain why shifts in end-market assumptions can move the shares even when the business model itself changes slowly.
Shares and valuation
Wacker Chemie stock closed at EUR 89.40 on August 21, 2026, with a market cap of EUR 4.45 billion. The shares remain in the middle of the 52-week range, but the latest broker call keeps pressure on the valuation narrative.
Fact box
Company: Wacker Chemie AG
ISIN: DE000WCH8881
Ticker: WCH
Exchange: Xetra
Price (as of August 21, 2026, 5:35 p.m. ET): EUR 89.40
Market cap: EUR 4.45 billion (as of August 22, 2026)
Sector / Industry: Materials / Specialty Chemicals
Index membership: MDAX
