Barclays keeps Sell rating for Kone stock at EUR 46.00 target

Published on 10/15/2026 at 13:56 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Second-quarter revenue rose to EUR 2.94 billion from EUR 2.85 billion. Kone stock costs EUR 53.47 on October 15, 2026, 0.80 percent below Xetra close.

Analyst rating and reporting date

Barclays maintained a Sell rating and a EUR 46.00 target on October 14, 2026.
KONE reported EUR 2.94 billion in second-quarter revenue against EUR 2.85 billion a year earlier.
Kone stock trades at EUR 53.47 at 1:44 p.m. CEST at Lang & Schwarz on October 15, 2026, 0.80 percent below the Xetra close of October 14, 2026.
The January-September 2026 interim report is scheduled for October 28, 2026.

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Kone (FI0009013403) stock was trading at EUR 53.47 at Lang & Schwarz on October 15, 2026 at 1:44 p.m. CEST, 0.80 percent below the Xetra close of October 14, 2026 at EUR 53.90. The latest analyst signal came from Barclays on October 14, 2026, which maintained a Sell rating and a EUR 46.00 price target, according to Markets Insider.

Barclays keeps a cautious stance

The target places Barclays below the current euro quotation, while the rating leaves the bank on the negative side of the analyst spectrum. The same report cited a consensus price target of EUR 59.50, creating a wide gap between the individual bearish view and the broader target average.

KONE's second-quarter revenue reached EUR 2.94 billion, compared with EUR 2.85 billion in the same quarter of 2025. Net profit was EUR 238 million, down from EUR 273.7 million a year earlier, according to Markets Insider. The figures make profitability the more important issue than the modest revenue increase.

What comes before the report?

KONE's chronology shows how the story has developed. On April 29, 2026, KONE announced its plan to combine with TK Elevator while reporting 2025 sales of EUR 11.2 billion on its investor page. On July 22, 2026, the company published second-quarter results with EUR 2.94 billion in revenue. On October 14, 2026, Barclays maintained its Sell rating and EUR 46.00 target, as reported by Markets Insider.

The next two company dates are October 28, 2026, for the January-September interim report at 8:30 a.m. EET, and October 28, 2026, for the press call at 9:00 a.m. EET, according to KONE. The report should provide the next hard test of whether revenue growth can translate into stronger earnings.

Stock remains below its recent high

KONE class B shares are listed on Nasdaq Helsinki, and the company describes itself as an elevator and escalator group serving close to 70 countries. Its investor page reports 2025 sales of EUR 11.2 billion and more than 60,000 employees. The current quote sits within a 52-week range of EUR 46.37 to EUR 64.16, while the market capitalization is EUR 27.6 billion as of October 15, 2026.

Kone stock was trading at EUR 53.47 at Lang & Schwarz on October 15, 2026 at 1:44 p.m. CEST, 0.80 percent below the Xetra close of October 14, 2026 at EUR 53.90. The further course of trading is shown by the continuously updated real-time quote of Kone stock.